Business intelligence and analytics overtakes security as banking IT priority

Banks see investment in business intelligence and analytics technology as a greater priority than security as they use IT to achieve business benefit from mature online and mobile banking services.

According to research from Ovum, business intelligence and analytics was ranked as a top IT theme by 29% of banks, which put it slightly ahead of security at 28%. “Although security will always be a priority for banks, the role of business intelligence and analytics has emerged as a critical area for 2015,” said Ovum.

Author: Karl Flinders

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