Horizon 2030 for Banking: The Virtualization Reset – Simplification, with Ivan Jennings
By Ali Paterson · 8 October 2026

Quick Summary
In this episode of Horizon 2030 for Banking from Red Hat, Ivan Jennings, Automation Platform Lead for UKI and CENE, gives his answer to the virtualisation reset: hybrid cloud, and the freedom that open source brings with it.
What Has the Virtualisation Story Shown?
Ivan says the virtualisation story has demonstrated that no one vendor will rule the roost in an organisation any more. Organisations, in his description, are looking for multi-vendor, multi-partner hybrid cloud solutions that allow them to move from their old data centre to public or private cloud without fear of additional cost and inconsistent deployment, and with the freedom to do what they want rather than being beholden to a vendor.
How Does He Describe Open Hybrid Cloud?
- Open source, in his words, is about freedom and sharing.
- Open hybrid cloud is about being able to move data, applications and tooling from one set of infrastructure to another.
- That infrastructure can be an organisation's own data centre or the cloud.
He describes that portability as the power of combining open source with hybrid cloud.
Find Out More
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Watch every episode of Horizon 2030 for Banking from Red Hat on FF News, starting with the series trailer.