U.S. Banking Digital Transformation Spending Forecast, 2017-2020

June 2017 •
11 pages •
Report ID: 4953843 •
Format: PDF

Summary
Table of contents
Search Inside

It's a case of two teams building a tunnel through a mountain, each starting at the opposite end and hoping they meet perfectly in the middle. In Perspective: Data and Risk Management Uniting Business and IT (IDC Financial Insights #
FI256951
, June 2015), data and risk management initiatives are discussed as the centering forces that seem to be aligning IT and the lines of business to ensure that these digital transformation efforts meet the same goals.
This IDC study for DX spending in U.S. banking indicates that significant investments are being made to transform the banking organization, at all levels of the business and technology infrastructures. IT executives, line-of-business leaders, and financial chiefs at banks in the United States will gain insight into the industry trends and investments that are driving digital transformation and position themselves and their institutions to keep pace with the leaders in the industry.
According to Jerry Silva, research director, IDC Financial Insights, "There are very few banks in the United States that aren't investing in transformational technologies, and fewer still that haven't at least developed a digital transformation strategy. And the largest institutions are allocating more than 40% of their IT budgets to digital transformation."

Ahmad helps you find the right report:

+1 718 618 4302
Contact by email

FAQ

Testimonials

The market research advisor answered my questions quickly and professionally. ReportBuyer's team did their best to ensure that I felt comfortable before making the investment to purchase the report.

Cristian Nunez

Director of Corporate Development Chugach Alaska Corporation

My overall experience with ReportBuyer today has been very positive, and I must thank you for your patience (...). Also, the sample you sent me and the explanations provided were very helpful.

D. Lescuyer

Executive Vice President Oral Business at Skyepharma

The research specialist was very helpful, and proposed the best content for my needs. ReportBuyer also offered a great follow-up, thanks for everything !

P. Thompson

EMEA Managing Director

We were satisfied with the support that ReportBuyer's team provided. Thanks to their recommendations, the report we purchased provided exactly what we want.

Y. Wang

Business Analyst

We didn't have time to do the research internally, and thanks to ReportBuyer's team we were able to find the appropriate data.

S. Chen

Research Coordinator

I was impressed by the customer service: it was fast, responsive, and 100% professional !

D. Krivan

Market Research Analyst

The research specialist provided prompt and helpful service. He also followed up to ensure I had all the information to deliver my business development plan.

C. Adams

Senior Business Development Manager