Bank of America standardized its IT infrastructure, streamlined applications, developed customer-focused innovations, and streamlined its physical infrastructure to recover from the financial crisis of 2007-2008.

Question

Quizplus · Accepted Answer

Bank of America undertook significant efforts to standardize its IT infrastructure, streamline applications, and develop customer-focused innovations as part of its strategy to recover from the financial crisis of 2007-2008. This included efforts to streamline its physical infrastructure as well, aiming to reduce costs and improve efficiency.

Bank of America Standardized Its IT Infrastructure, Streamlined Applications, Developed