ICT Media

ICT investment trends in retail banks; Enterprise ICT spending patterns through to the end of 2016

  • KAB335683
  • 33 Pages
  • September 2015
  • ICT Media
Economic uncertainty and the need to adhere to stringent regulatory compliances are fuelling the adoption of disruptive technologies among retail banks. Retail banks are investing in agile ICT segments to streamline their operations and achieve greater efficiency to support their business growth

Key Findings
- Kable's survey shows that retail banks are continuously looking to increase their investments in hardware and software, primarily driven by the need to enhance their go to market strategies with innovative services.

- The age of consumerism and bring your own devices (BYOD) is driving the investments in online and mobile banking, with online banking emerging as the topmost business area among retail banks, attracting largest investments from them in 2015.

- Meanwhile, increasing capital strength is vital for a banks' sustainable growth, as weak financial strength can jeopardize the bank's expansion plans.

ICT investment trends in retail banks presents the findings from a survey of 129 retail banks regarding their Information and Communications Technology (ICT) investment trends. The survey investigates how retail banks currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting.

The report illustrates the core technologies that banks are investing in, including business intelligence, IT systems management and cloud computing. The survey also highlights the approach to purchasing technology adopted by retail banks. Through Kable's survey, the report aims to provide a better insight to ICT vendors and service providers when pitching their solutions to retail banks. The report focuses on retail banks' ICT expenditure trends for specific business areas and technologies, identifying the top three IT projects, and understanding the business challenges faced by organizations.

In particular, it provides an in-depth analysis of the following:

- How ICT budgets are set to change in 2015 in terms of their overall size

- Allocation across the core elements of IT spend, including hardware, software, services, communications, and consulting

- Distribution of ICT money in areas such as the networks, applications, service desk, and data centers

- Which ICT functions retail banks are interested in outsourcing

- Retail banks' investment priorities based on their budget allocations across core technology categories such as business intelligence, IT systems management, and cloud computing

- Factors that are influencing retail banks' investments in each technology category

- How retail banks' IT budgets are currently allocated across various segments within a technology category

- Retail banks' distribution of their ICT budget across various segments within a technology category

- Vendor satisfaction ratings for various core and advanced technology categories

- Insight into retail banks' preferred buying approaches

- Business and IT objectives that retail banks are looking to achieve through their IT investment strategies

- Factors that are influencing retail banks' decisions to select an ICT provider

- Understand how the retail banks ICT landscape is set to change in 2015 to prioritize your target market

- Comprehend how ICT money are being allocated by retail banks in specific geographies and size bands to improve your market penetration

- Make effective business decisions by recognizing the opportunities within each of the core areas of ICT spend (hardware, software, IT services, telecommunications, and consulting)

- Realign your sales initiatives by understanding the current strategic objectives of retail banks

- Enhance your market segmentation with the included, detailed breakdown of opportunities within selected technology categories (business intelligence, IT systems management, and cloud computing)

- Prioritize your focus areas by understanding which factors are influencing retail banks' decisions when selecting an ICT provider

- Understand the changes in customers' priorities and identify the business and IT objectives that retail banks are looking to achieve through their ICT investment strategies
Please Select Format

Need More Information

Contact us
+ 1-800-910-6452
+91 20 66346066
--- or ---



World Connected Agriculture Market - Opportunities and Forecast, 2014 - 2020

Connected agriculture backs different stake holders along the farming or agriculture value chain via mobile technology. This technology includes an array of equipment and sub-segments such as data, connectivity networks, ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370


World Master Data Management Market - Opportunities and Forecast, 2014 - 2020

Master data management (or MDM) in business consists of different solutions, services, and standards which help enterprises manage their master data. Master data comprises confidential and critical business data regarding ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370


Global Data Center Technical Furniture Market (Rack, PDU, General Construction Furniture) - Strategic Assessment and Forecast Till 2021

Data Center Technical Furniture - Report Insights A data center consists of core units and overhead units. Core units are those units which are essentials for the data center operations and ...

July 2017  |   Price:$ 2995    | Pre Book Price:$ 2995


Transplant Diagnostics Market by Technology - Opportunities and Forecast, 2014 - 2020

The techniques or solutions that are developed to improve the speed and reliability of transplant diagnostics is termed as transplant diagnostics technology. These kits are known to offer both high ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370


Gesture Recognition and Touch-Less Sensing Asia-Pacific Market Research Report, 2014 - 2020

<p style="text-align:justify"><span style="color:rgb(0, 0, 0)"><span style="font-size:14px"><span style="font-family:arial,helvetica,sans-serif">Gesture recognition and touch-less sensing are the processes of understanding human actions

July 2017  |   Price:$ 2850    | Pre Book Price:$ 2850


Global Automotive Night Vision System Market (Technology and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020

Automotive night vision system (ANVS) is a system that increases the vehicle driver’s perception during night or bad weather conditions which otherwise, is beyond the reach of the vehicles headlights, ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370


2017 © Copyright Big Market Research

View Pricing >>