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Digital Transformation in Banking Industry

WHITE PAPER

 
Jerry Silva

IDC

Key Success Factors for Digital Transformation in the Banking Industry

IDC says data analytics is “top priority” in transformation to digital.

The tsunami of digital technologies is disrupting many industries, particularly banks and credit unions. These financial institutions are being forced to embrace digital transformation and adopt cloud, mobile, and analytics technologies. These are all vital, but advanced analytics capabilities are particularly important to understand and serve customers more effectively—and to grow business.

  • Embrace digital technologies to survive

  • Branches remain relevant (surprisingly)

  • Enterprise analytics are essential