Security, Digital and analytics investments go up! overall spend up 4.3%, can imagine that Banks first need to increase costs before seeing the cost coming down....e.g. many binary costs, until last customer is migrated or stopped using is hard to shut it down
Optimism about business growth and a rising sense of alarm at security breaches are shaping U.S. banks' tech spending plans for 2015. Top spending initiatives are planned in the areas of security, analytics and digital banking (an umbrella term for online and mobile), according to research and anecdotal evidence. Meanwhile, the basic costs of keeping the lights on and running the IT infrastructure are dropping, thanks to hardware and software commoditization. Overall, research firm Ovum expects U.S. banks to spend 4.3% more on IT in 2015 than they did in 2014.
unknownx500
