Author: Bijen Ramdas

Technology Selection
June, 2012  -  Doc # CEMA18714
Number of Pages: 17
Number of Figures: 12

This IDC Financial Insights Technology Selection study analyzes investment trends in IT spending across the finance sector in the Middle East and Africa (MEA), including Turkey. The research results are based on a survey of CIOs from the industry conducted in the first quarter of 2012. The purpose of this report is to provide an in-depth understanding of IT investment spending among financial institutions by exploring some of the key challenges and strategic thoughts of CIOs in the region over the next 12 months.

The study is valuable to the vendor community in particular, as it provides information about market strategies across the region and highlights the key business issues that financial institutions will be looking to address over the next 12 months.

"Technology transformation in a highly competitive finance sector in MEA has gained significant momentum in recent times. Through their IT investment decisions, CIOs from the finance industry aim to deliver sustained profits to shareholders and control costs as key business performance metrics. Customer focus, in conjunction with the consumerization of technology, remains a critical consideration for finance companies." – Senior Research Analyst Bijen Ramdas, IDC Financial Insights, Middle East, Africa, and Turkey.

IDC Financial Insights Opinion | In This Study | Situation Overview | Solution Architecture | Future Outlook | Essential Guidance | Learn More