Digital Transformation In BFSI Market Will Generate Massive Revenue in Coming Years| Microsoft, Oracle, SAP SE
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Digital Transformation in BFSI is a process to build on innovation regarding financial technology and adoption of the same with an aim to enhancing operational activities and improve their revenue. The objective behind the digital transformation in BFSI is to automate the process of banking, financial services, and insurance services and streamline the complex process in order to create unrivaled experiences for customers. For digitization, companies utilized powerful technology infrastructure such as artificial intelligence (AI), blockchain, cloud, and big data to create a robust evaluation and offer tech-savvy, automate services to customers. The benefit of digital transformation is that it creates operational activity faster, efficient, and friendly, enhances security features, automate repetitive tasks and better risk management process. Also, it helping financial experts to focus on applying their expertise to more challenging tasks, greater ROI, and quicker problem-solving.
On 20 July 2020, Finastra and Microsoft Corp. announced a strategic, multiyear cloud agreement to help accelerate the digital transformation of financial services. This provides people, businesses, and communities the solutions and services that fit around their needs and lives, unlocking the power and potential of finance for everyone and help accelerate the digital shift.
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Digital Transformation In BFSI Market various segments and emerging territory.
Influencing Market Trend
• The rise in adoption of digital technology by various banks across the globe
• The surge in the need for digital services among the fintech to enhance and to improve the customer experience.
• Growing demand for customized IT solutions for specific banking need
• Growing adoption of digital services among SMEs to upsurge their revenue
• Rise in adoption of advanced technology AI and machine learning and increase in adoption of digital services among the developing nations
• Development of strong connection between each bank worldwide and improve the user experience
• Formulation of rules and regulations by regulating authorities to protect the environmental damage due to heavy technology implementation
• High cost of maintenance, repairing, and managing technology
Analysis by Type (Solution, Service), Application (Banks, NBFC, Insurance Companies, Others), By Technology (Artificial Intelligence, Cloud Computing, Blockchain, Big Data, Business Analytics, Cyber Security, Other), By Deployment (On-Premise, On Cloud), By Organization Size (Small Scale Organization, Medium Scale Organization, Large Scale Organization)
Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
• % Market Share, Segment Revenue, Swot Analysis for each profiled company [Microsoft Corporation (United States), Oracle Corporation (United States), SAP SE (Germany), Alphasense Inc. (United States), Cognizant (United States), FUJITSU (Japan), Google (United States), HID Global Corporation (United States), International Business Machines Corporation (United States),]
• Business overview and Product/Service classification
• Product/Service Matrix [Players by Product/Service comparative analysis]
• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
• Consumption, Capacity & Production by Players
Have Any Questions Regarding Global Digital Transformation In BFSI Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/178855-global-digital-transformation-in-bfsi-market?utm_source=OpenPR/utm_medium=Rahul
The regional analysis of Global Digital Transformation In BFSI Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028.
On 26 July 2021, HCL Technologies (HCL), a leading global technology company, announced it was selected as a strategic launch partner for Microsoft. This partnership with Microsoft Cloud for Financial Services brings together capabilities with multilayered security and comprehensive compliance coverage to deliver differentiated customer experiences, improve employee collaboration and productivity, manage risk and modernize core systems.
Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers
Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/178855-global-digital-transformation-in-bfsi-market?utm_source=OpenPR/utm_medium=Rahul
Highlights of the Report
• The future prospects of the global Digital Transformation In BFSI market during the forecast period 2023-2028 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Digital Transformation In BFSI market.
Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
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Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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