Introduction

This databook from the Technology Trends service helps vendors to understand the current and forthcoming investment in enterprise applications in retail banking. The data has been drawn from interviews with 40 IT managers conducted in H2 2006.

Scope

Datamonitor has interviewed 400 IT decision makers about their investment in 8 core enterprise technologies. Interviews have been conducted with IT decision makers to gain an understanding of their attitudes to, and adoption of, various technologies. The interviews have been spread evenly across 8 geographical markets and span 10 vertical markets and 5 enterprise size bands.

Highlights

Over the course of 2006, Datamonitor is publishing over 500 databooks with Technology Trends data cut by technology, vertical market, geography and size band.

Reasons to Purchase

Gain insight into key technology investment patterns and trends in target markets. Understand evolving customer IT budgets, attitudes to technology adoption, technology decision-making processes, and perception of technology vendors. Enable your sales, marketing and product teams to address your IT audience.

TABLE OF CONTENTS

Overview 1
Catalyst 1
Summary 1
ENTERPRISE APPLICATIONS IN RETAIL BANKING 5
Extent to which Retail banks currently have or use enterprise applications 5
Retail banks that are considering investment in enterprise applications in the next 6 months 7
Retail banks that are considering investment in enterprise applications in 6 months to 2 years time 9
Retail banks preferred approach to buying enterprise applications 11
Size of investment in single biggest IT project in budget year 2006 13
Area of investment for single biggest IT project in budget year 2006 15
Technologies that Retail banks are currently outsourcing 17
Technologies that Retail banks are considering outsourcing in the next 6 months 19
Technologies that Retail banks are considering outsourcing in 6 months to 2 years’ time 21
APPENDIX 23
Breakdown of the Technology Trends sample by geography 23
Breakdown of the Technology Trends sample by company size 25
Breakdown of the Technology Trends sample by company revenue 27
Further reading 29
Ask the analyst 29

LIST OF FIGURES
Figure 1: Extent to which Retail banks currently have or use enterprise applications 5
Figure 2: Retail banks that are considering investment in enterprise applications in the next 6 months 7
Figure 3: Retail banks that are considering investment in enterprise applications in 6 months to 2 years time 9
Figure 4: Retail banks’ preferred approach to buying enterprise applications 11
Figure 5: Size of investment in single biggest IT project in budget year 2006 13
Figure 6: Area of investment for single biggest IT project in budget year 2006 15
Figure 7: Technologies that Retail banks are currently outsourcing 17
Figure 8 Technologies that Retail banks are considering outsourcing in the next 6 months 18
Figure 9: Technologies that Retail banks are considering outsourcing in 6 months to 2 years’ time 20
Figure 10: Breakdown of the Technology Trends sample by geography 22
Figure 11: Breakdown of the Technology Trends sample by company size 24
Figure 12: Breakdown of the Technology Trends sample by company revenue 26

LIST OF TABLES
Table 1: Extent to which Retail banks currently have or use enterprise applications 6
Table 2: Retail banks that are considering investment in enterprise applications in the next 6 months 8
Table 3: Retail banks that are considering investment in enterprise applications in 6 months to 2 years time 10
Table 4: Retail banks’ preferred approach to buying enterprise applications 12
Table 5: Size of investment in single biggest IT project in budget year 2006 14
Table 6: Area of investment for single biggest IT project in budget year 2006 16
Table 7: Technologies that Retail banks are currently outsourcing 17
Table 8: Technologies that Retail banks are considering outsourcing in the next 6 months 19
Table 9: Technologies that Retail banks are considering outsourcing in 6 months to 2 years’ time 21
Table 10: Breakdown of the Technology Trends sample by geography 23
Table 11: Breakdown of the Technology Trends sample by company size 25