ICT Procurement Market Analysis, Size, Share, Growth, Trends and Forecast Trends in Retail Banking - Enterprise ICT Investment Plans: Market Research Report

Albany, NY -- (SBWire) -- 11/25/2013 --ICT Procurement Trends in Retail Banking - Enterprise ICT Investment Plans

This report presents the findings from a survey of 131 retail banks regarding their approach to Information & Communications Technology (ICT) procurement. The survey investigates the way that retail banks like to purchase technology, as well as the major IT and business objectives influencing their IT investment strategies.

To check out the complete table of contents, visit: http://www.marketresearchreports.biz/analysis-details/ict-procurement-trends-in-retail-banking-enterprise-ict-investment-plans

Introduction and Landscape

Why was the report written?

To highlight the criteria on which retail banks select their ICT providers as well as the roles which have influence while making ICT purchasing decisions.

What is the current market landscape and what is changing?

Retail banks have an optimistic approach towards IT investments, and their preference towards hosted services is slowly gaining traction.

What are the key drivers behind recent market changes?

Banks are gradually shifting to the hosted model as they identify the importance of cloud solutions to boost their agility & scalability, and improve customer responsiveness.

What makes this report unique and essential to read?

Kable Global ICT Intelligence has invested significant resources in order to interview CIOs and IT managers about their IT Procurement. Very few IT analyst houses will have interviewed 130+ ICT decision makers in the retail banking industry in H2 2012.

Click Here To Download Detail Report: http://www.marketresearchreports.biz/sample/sample/179541

Key Features and Benefits

Provides insights into retail banks’ preferred buying approaches.
Comprehend the business objectives that retail banks are looking to achieve through their IT investment strategy.
Appreciate the IT objectives that retail banks are looking to achieve through their IT investment strategy.
Understand the factors that are influencing retail banks’ decision to select an ICT provider.
Understand which organisational roles influence ICT purchasing decisions and signing off budgets.

Key Market Issues

Retail banks have a higher preference for buying technologies from local resellers compared to national resellers, as they tend to be in a better position to provide timely support services and also possess vertical expertise.
Many banks are reluctant to entrust their sensitive customer and financial information to cloud service providers (public or private). Furthermore, data privacy and security regulations in many countries prohibit the storage and processing of customer data outside national borders.
Retail banks are continuously looking to streamline their operations and achieve greater efficiency to support business growth. This is evident from the survey, where banks are placing utmost importance on the business objective of raising efficiency, assigning it the highest average rating of X on a scale of 1 to 4.
Increasing competition and deteriorating revenue growth are forcing retail banks to embrace leading edge technologies such as cloud computing, mobile services, and social media in order to reduce their operating costs and improve time to market for their new products.
According to Kable’s survey, 49% of retail banks state that they have an ICT infrastructure which is somewhat complex, with several hardware manufacturers, operating systems, databases, applications, and other elements, whilst 30% describe their ICT infrastructure as ‘very complex’ with multiple instances of different technology types.

To Buy The Copy of This Report Visit: http://www.marketresearchreports.biz/analysis/179541

Key Highlights

It is evident from the survey that an average 71% of retail banks are deploying their ICT solutions on-site, 29% of respondents prefer the hosted model.
Business objective relating to increasing customer satisfaction also has significant influence on IT investment strategy amongst retail banks, with average ratings of X on a scale of 1 to 4.
The IT objective of ‘demonstrate the value of IT to the business’ also has a significant influence on banks’ IT investments, with average rating of X on a scale of 1 to 4.
Aside from leading-edge technology, retail banks are also placing importance on selection factors including specific functionality expertise/depth, price, and expertise in an industry, assigning each factor an equal average rating of X on a scale of 1 to 4.
Retail banks rate the CIO as the most influential authority when making ICT purchasing decisions, with the highest average rating of X on a scale of 1 to 4, followed by the CEO and the CFO/Finance Director.

Latest Reports:

Global Disaster Recovery Services Market 2012-2016: http://www.marketresearchreports.biz/analysis-details/global-disaster-recovery-services-market-2012-2016
Global Disaster Recovery Services market to grow at a CAGR of 11.18 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in the number of natural disasters in the past few years. The Global Disaster Recovery Services market has also been witnessing SMEs as the forerunners of hybrid cloud disaster recovery usage. However, the high initial investment could pose a challenge to the growth of this market.

Global Disaster Recovery Services market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and the APAC regions; it also covers the Global Disaster Recovery Services market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The key vendors dominating this market space are Hewlett-Packard Co., IBM Corp., Phoenix IT Group plc., SunGard Data Systems Inc., and Verizon Business.

Other vendors mentioned in the report are CA Inc., CommVault Systems Inc., Equinix Inc., GMO Internet Inc., Latisys, and Recovery Point Inc.

Click Here To Download Detail Report: http://www.marketresearchreports.biz/sample/sample/179212

Key questions answered in this report:

- What will the market size be in 2016 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Global Glycated Hemoglobin Testing Market 2012-2016: http://www.marketresearchreports.biz/analysis-details/global-glycated-hemoglobin-testing-market-2012-2016

Global Glycated Hemoglobin Testing market to grow at a CAGR of 10.10 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing incidence of diabetes. The Global Glycated Hemoglobin Testing market has also been witnessing the growing use of point of care hemoglobin A1c testing. However, the presence of substitutes could pose a challenge to the growth of this market.

Global Glycated Hemoglobin Testing Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Glycated Hemoglobin Testing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The key vendors dominating this market space are Abbott Laboratories, Alere Inc., Beckman Coulter Inc. and Roche Holdings AG.

Other vendors mentioned in the report are ARKRAY Inc., A. Menarini Diagnostics Ltd., Bayer AG, Bio-Rad Laboratories Inc., Diazyme Laboratories Inc., Pointe Scientific Inc., Randox Laboratories Ltd., Roche Holdings AG, Trinity Biotech plc, and Tosoh Corp.

Click Here To Download Detail Report: http://www.marketresearchreports.biz/sample/sample/179214

Key questions answered in this report:

- What will the market size be in 2016 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

About MarketResearchReports.Biz
MarketResearchReports.Biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact
M/s Sheela
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-997-4948
Website: http://www.marketresearchreports.biz/
Blog: http://industry-research-reports.blogspot.com/