Gartner Identifies Three Technology Trends Gaining Traction in Banking and Investment Services in 2022

  • 📰 Gartner_inc
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Banking and investment firms will spend $623 billion on technology products and services this year, according to Gartner_IT. Which technologies are gaining traction? Read the press release here. Banking TechTrends CIO

IT spending by banking and investment services firms is forecast to grow 6.1% in 2022 to $623 billion worldwide. The largest category of spending is IT services, which includes consulting and managed services and accounts for 42% of total IT spending in the sector at $264 billion. The fastest growing category is software, with spending forecast to increase by 11.5% to $149 billion.

Currently, autonomic systems are mostly software-based in the banking context. However, humanoid robots are emerging in smart branches that are examples of hardware-based autonomous systems that cater to clients and customers. They could be applied in autonomous debt management, personal finance assistants and automated lending. Roboadvisors are essentially low-level autonomic systems, although there are still trust concerns due to their high level of automation.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Gartner_IT Any data on compensation premiums/bonuses for AI/Digital Transformation jobs across industries?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 455. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines