Dublin, Dec. 9, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/czwm3h/global_bank_it) has announced the addition of the "Global Bank IT Spending Market 2014-2018" report to their offering.
The adoption of big data analytics in banking is one of the major trends in this market. The Banking sector is interpreting data for internal and marketing purposes, but big data provides more opportunities. The unstructured data with the banks can be used to analyze customer spending patterns and increase profits by creating more customer-oriented products.
According to the report, the rise in the use of business Intelligence software in retail banking is one of the major drivers of the market. It offers real-time analysis tools to increase the productivity of banks. BI helps the banks to get an insight into the purchasing behavior of customers. The software also helps to streamline core banking operations such as reporting, documentation, and data management.
Further, the report states that one of the major challenges that the market faces is concern about cyber security. The presence of hackers trying to tamper and manipulate data is very high. This creates a major challenge for the Global Banking IT Spending market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Product
08. Geographical Segmentation
09. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
- CGI Group
- Cisco System
For more information visit http://www.researchandmarkets.com/research/czwm3h/global_bank_it
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Source:Research and Markets