Retail Banking IT Spending Market Will Be Massively Influenced By Macroeconomic Factors 2020-2025 | International Players - Dell, HP, IBM, Microsoft, Accenture, Acer, ATOS, Cisco

Overview of Global Retail Banking IT Spending Market:

This report provides in-depth study of “Global Retail Banking IT Spending Market 2020” using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Retail Banking IT Spending Market report also provides an in-depth survey of key players in the market organization.

According to the market research study, demand for IT products and services is growing in the banking sector because of a shift in the methodology of performing banking functions. Several banks are increasing their IT expenditure to offer improved services to customers and improve brand loyalty. Over the past few years, the modalities of customer experience in banking have changed drastically. The retail banking sector has an imminent need to keep up with the pace at which customers are switching over to smart devices to fulfil their banking requirements.

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Firstly, the report provides a basic overview of the Market including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major Market players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2020-2025 market shares for each company.

Through the statistical analysis, the report depicts the international Retail Banking IT Spending Market including capacity, production, production value, cost/profit, supply/demand and global import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis. The report then estimates 2020-2025 market development trends of Retail Banking IT Spending industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.

In the end, the report makes some important proposals for a new project of Retail Banking IT Spending Market before evaluating its feasibility. Overall, the report provides an in-depth insight of 2013-2025 global Retail Banking IT Spending market covering all important parameters.

Global Key Vendors:

1 Dell

2 HP

3 IBM

4 Microsoft

5 Accenture

6 Acer

7 ATOS

8 Capgemini

9 CGI Group

10 Cisco Systems and More…………….

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Product Type Segmentation

1 Core Banking

2 Online Banking

3 Mobile Banking

4 Channel Management

5 Internal Operations

Industry Segmentation

1 Hardware

2 Software

3 Services

International Business News:

IBM (June 17, 2020) - Siemens and IBM Deliver Service Lifecycle Management Solution - Expanding on their long-term partnership, Siemens and IBM announce the availability of a new solution designed to optimize the Service Lifecycle Management (SLM) of assets by dynamically connecting real-world maintenance activities and asset performance back to design decisions and field modifications. This new solution establishes an end-to-end digital thread between equipment manufacturers and the owner/operators of that equipment by leveraging elements of the Xcelerator portfolio from Siemens Digital Industries Software and IBM Maximo®.

“The combined capabilities of IBM and Siemens can help companies create and manage a closed-loop, end-to-end digital twin that breaks down traditional silos to service innovation and revenue generation,” said Peter Bilello, President & CEO of industry research and consulting firm CIMdata. “Only by closing the loop between product design and development decisions, accurate product configurations and service operations, can companies hope to run a profitable and effective product-as-a-service business model.”

OEMs and owner/operators can struggle to improve the performance and reliability of an asset over its operating lifecycle, due to inefficient data sharing between engineering, operations, and maintenance processes. This joint solution from Siemens and IBM creates a single source of information designed to help OEMs and equipment owner/operators improve many aspects about how they design, maintain, and service their assets. In addition, the solution enables OEMs to now provide valuable after-market services to their clients.

“This new collaboration combines two industry-leading offerings into a unique solution for the industry,” said Kareem Yusuf Ph.D., General Manager, IBM AI Applications Business. “OEM’s and owner/operators can leverage the new solution to help them reduce operational costs and increase up time of their equipment.”

The integration of asset management and product lifecycle management (PLM) technology can help owner/operators to stay up to date. The solution also enables OEMs to receive critical data about asset performance, maintenance and failures in the field. Leveraging IoT technology, manufacturers can gain insights on wear and tear, operating conditions, parts failures, and other patterns that lead to design or manufacturing updates. This data can be used to help manufacturers lower maintenance costs, reduce risks, and improve asset resiliency.

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Major Points in Table of Contents:

Global Retail Banking IT Spending Market Report 2020

1 Retail Banking IT Spending Product Definition

2 Global Retail Banking IT Spending Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Retail Banking IT Spending Shipments

2.2 Global Manufacturer Retail Banking IT Spending Business Revenue

2.3 Global Retail Banking IT Spending Market Overview

2.4 COVID-19 Impact on Retail Banking IT Spending Industry

3 Manufacturer Retail Banking IT Spending Business Introduction

3.1 Dell Retail Banking IT Spending Business Introduction

3.2 HP Retail Banking IT Spending Business Introduction

3.3 IBM Retail Banking IT Spending Business Introduction

3.4 Microsoft Retail Banking IT Spending Business Introduction

3.5 Accenture Retail Banking IT Spending Business Introduction

3.6 Acer Retail Banking IT Spending Business Introduction

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