Worldwide Banking IT Spending Guide

The Worldwide Banking IT Spending Guide is an analysis of the current status and projected growth of IT spending in the banking industry. This five-year outlook on IT spending by commercial banks, thrifts, and credit unions provides IT vendors with key information needed to develop effective market strategies and measure growth areas. Financial service providers and IT vendors that target the financial services industry need to effectively position themselves in this significant and evolving market and understand the impact of IT spending patterns versus other solution spending at all types of banks.

IDC Financial Insights provides this benchmark tool with consistent, detailed market data on U.S., Canadian, European and Asia/Pacific banks, providing a profile of the IT growth opportunity segmented by technology components, solution categories, institution types, and sizes. This pivot table tool presents spending forecasts according to current assumptions relating to economic trends, end-user surveys, and IDC Financial Insights' comprehensive segmented research expertise. In addition, the Guide provides targeted data for sales organizations with specific spending predictions and analysis correlated by financial institution size and type.

Approach

The Guide provides a comprehensive spending view of the bank functions and supporting technologies. The Guide starts at a high level with categories of hardware, software, and IT services (both internal and external). The second level then reveals banking segments such as Corporate and Institutional Banking, Shared Services, Consumer Banking, Enterprise Utilities, and so forth. The third level of detail then allows for specific spending numbers and delineates accordingly, by institution type and tier level.

Topics Addressed

The Guide is segmented within the following areas:

• Technology Components — Hardware, Software, IT Services, Internal Services
• Regions — North America, Europe, Asia/Pacific, the Rest of the World (ROW)
• Solution Categories — Consumer Lending, Payments, Core Processing, Commercial Finance, Treasury, Trade, Wealth Management, Channels, Credit Cards, and more
• Institution Types — Banks, Thrifts, Credit Unions, Specialty Finance
• Institution Size — Tier 1 through Tier 4 (North America and Asia/Pacific regions only)

Key Questions Answered

Our research addresses the following issues that are critical to your success:

• What is the impact of economic, industry, and technology trends on IT spending amongst the banking industry?
• What technology needs in the banking industry are driving key growth opportunities for IT vendors?
• How does the outlook for IT spending differ among types of institutions and solution spend areas?
• Where are your best prospects within the banking industry?
• How do institution size and charter impact IT investment strategies?

Who Should Subscribe

By presenting a worldwide view and a segmented perspective on IT spending by financial institutions, the Worldwide Banking IT Spending Guide helps IT suppliers that are targeting the banking sector to identify market opportunities and to execute an effective strategy. In addition, the detailed market segment data will assist financial institutions to plan their budget allocations more effectively.

Return on Research Investment

• Comprehensive spending view of all bank functions and supporting technologies
• A framework from which to categorize and relate functions and solutions in banking
• Detailed market segment data to assist financial institutions in planning their budget allocations more effectively

• Assists IT suppliers that are targeting the banking sector to identify market opportunities and to execute an effective strategy
• Guidance for more responsive, customer-centric marketing campaigns
• Documentation on the functions and solution relationship to provide a greater understanding of the application of technology to the business of banking

Standard Subscription Deliverables

IDC Financial Insights values building client relationships and strives to foster a partnership with each client through continuous analyst interaction; concise delivery of current, timely, and relevant research; as well as custom research when needed. Each advisory service delivers strategic research covering business and technology issues. A summary of the basic service deliverables available to subscribers includes the following:

• Analyst inquiry time specific to the advisory service area
• 24 x 7 research access via www.idc-fi.com
• Discounted admission to specific IDC Financial Insights or IDC conferences
• Complimentary forum invitations (Web conferences, industry briefings)

Join Our Community

Our IDC Insights Community is designed to enable technology buyers to engage with our industry analysts, share knowledge and best practices, and connect with colleagues. To participate in our community, members create a profile to:

• Participate in our discussions in our blogs, forums, and polls
• Learn about and share best practices, tips, tricks, and tools related to business/technology alignment
• Network with colleagues and join groups within each industry
• Provide feedback to IDC's industry analysts and hear what we're up to

Visit us at: http://idc-insights-community.com and join our conversations.

Related Offerings

Related offerings to our industry-specific research practices include IT Spending Guides — segmented regional and country-level analysis by solution area; Go-to-Market Services (GMS) — a modular set of deliverables to assist clients in extending their market reach, validating their market strategy, and producing more responsive customer-centric marketing campaigns; Global IT Advisor (GITA) — a flexible, cross-disciplinary research service providing granularity in market information and analysis across a wide range of technology areas; and IDC Advisory Tools — a growing set of solutions designed to ensure clients that technology purchasing and deployment decisions are optimized. In addition, IDC Financial Insights experts are available for individualized consulting engagements to address specific challenges or to customize the results of our syndicated research offerings.