Microsoft Office vs. Office 365 vs. Google Sheets

Just wondering, do all investment banks - or even finance teams in general - still use Microsoft Office installed on-premise (i.e documents stored on a shared central drive, versioning via v1, v2, v3 etc.., can't collaborate simultaneously)? 

Does anyone think banks will eventually move to the cloud (Office 365, Google sheets) to allow for cloud data storage/collaboration? 

1 Comments
 

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