Banorte, led by Carlos Hank González, has been awarded by Google Cloud for driving digital innovation in Mexican banking
Grupo Financiero Banorte has won the DORA Google Cloud 2024 Award in the Large-Scale Improvements Throughout the Organization category for their efforts to accelerate software innovation in financial services. As a result, it is the first Mexican corporation to win such significant global recognition for its digital transformation.
DevOps Research and Assessment (DORA) is a Google Cloud program that investigates the capabilities, methods, and metrics for cloud-based technology innovation used by the world’s top innovation organizations and teams.
«Two years ago we joined the Google Cloud DORA program to strengthen our ability to innovate, accelerate changes and transform platforms and applications throughout Grupo Financiero Banorte. This has allowed us to respond with agility and immediacy to the accelerated digital transformation and the changing needs of users of the financial system,» remarked Carlos Hank González, Chairman of the Administration Board of Grupo Financiero Banorte.
The «Scaling Improvement Throughout Your Organization» award category recognized the following results:
- We were able to increase the number of software developments, enhancements and/or updates per day, which was a significant increase from the previous bi-weekly release cycles.
- Reduced turnaround time to less than two days for requested changes to the Group’s platforms, tools, applications and digital solutions, freeing up valuable software development time
- Reduce operational and software development costs by 20%, streamline processes, and automate technology tasks
- Projected 30% reduction in technology infrastructure costs
