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“And this is an HR mindset for our employees, and we want to learn and engage a lot from the Google engineers.

“So it will enable a cultural transformation for Deutsche Bank which goes significantly beyond technology,” Leukert said. Become a destination for world-class talent.

To me, this is what the Cloud Wars are all about: big dreams and big ambitions, and a willingness to confront significant risk in partnership with world-class companies that are enabling their business customers to do things those customers could never have done before.Ĭlearly Deutsche Bank expects this decade-long effort to result in lower costs, higher revenue, rising market share, and new types of customer engagement, but exactly how does it expect to achieve all that? Those are the types of specific insights I was looking for in the conversation with Leukert-who spent more than 8 years as a top product and technology executive at SAP before joining Deutsche Bank 2 years ago-and Enslin, who spent 27 years at SAP and eventually become one of its top sales executives before joining Google Cloud 2 years ago.ġ. You can read the entire conversation here, but in the highlights I’ve pulled out below you’ll see how Deutsche Bank is aiming to overhaul not only its technology-as challenging as that is, it might be the easiest part-but also its culture, its business model, its approach to talent, and the core value it can offer to customers and clients. And I, your humble correspondent, have gone through the transcript of their conversation and pulled out 15 noteworthy examples of the transformative innovation the 151-year-old bank is boldly undertaking with Google Cloud, which is by far the fastest-growing vendor on my Cloud Wars Top 10 list.