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Intesa Sanpaolo Invests EUR 5 Billion in Cloud and AI for Digital Transformation

INDUSTRIAL IOT

Intesa Sanpaolo's 2029 Business Plan outlines a strategic investment of over EUR 10 billion in IT to establish itself as a European digital leader. Following a EUR 5.6 billion investment in the previous cycle, the bank is concentrating on its Isytech cloud platform, aiming for 100% cloud application adoption by 2029 to achieve EUR 500 million in savings.

The EUR 200 million Isywealth Europe project targets wealth management expansion into France, Germany, and Spain. With 150 active AI use cases, the bank aims to balance automation with maintaining customer trust, navigating regulatory challenges compared to US competitors.

Intesa Sanpaolo Invests EUR 5 Billion in Cloud and AI for Digital Transformation
Feb 25, 2026, 6:00 AM

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