Incompetence as a Systemic Risk: The Hidden Cost of Technical Debt in the Banking Sector

The Cloud was supposed to be a land of flexibility and savings, but for many organizations in Italy, it has turned into a black hole. Why? The truth, unfortunately, lies in structural incompetence. We are not talking about a lack of effort, but rather the organizational capacity to navigate at speeds that differ from technological ones. In this talk, we will examine real-world data and examples from the banking sector to determine the actual costs of these issues: from Monoliths in the Cloud, explaining why migrating legacy problems to new environments doubles costs without adding value, to "Hoped-for" Security and the economic risk of delegating security to individual goodwill rather than automating it on the platform. Finally, we will explore the solution through Platform Engineering: how to create a "software factory" that protects the company from human error and scales in terms of cost-effectiveness rather than price. A thought-provoking session for CEOs and CTOs who want to put an end to the costs of inefficiency and take control of defining the future.