TITLE

SPEND NOW TO SAVE LATER?

AUTHOR(S)
Adams, John
PUB. DATE
December 2010
SOURCE
Bank Technology News;Dec2010, Vol. 23 Issue 12, p19
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on various forecasts related to global spending of financial institutions on information technology (IT) vendors. Jaroslaw Knapik of Ovum predicted that the global spending of banks on IT vendors will rise to 4.5 percent in 2011 after the increased of 0.3 percent in 2010. Aite Group LLC forecasted that 30 percent of financial institutions in the U.S. and Europe do not have budget for social media. Philip Farah of Cisco expected that mobile will be a true channel for banks.
ACCESSION #
57490385

 

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