This IDC Presentation examines the European implications of our Worldwide FutureScape 2018 predictions. The European predictions can vary in impact and timeframe from the worldwide predictions, providing a regional analysis of the overarching trends and the impact on IT and business as well as offering guidance for technology buyers.
In terms of IT investments, IDC expects 2018 to be a defining year for financial services (FS) organizations to execute on their respective road maps and landmark use cases to become digital-native enterprises. A dynamic compliance landscape is expected to drive a new way of thinking around digital risk and data privacy in the face of Europe-specific regulations such as General Data Protection Regulation (GDPR) and the Second Payment Services Directive (PSD2). Against this backdrop, IDC believes FS organizations will have to accelerate initiatives to take digital initiatives to scale — or face being marginalized in an increasingly competitive, highly regulated, and disruptive market environment.
This presentation can help technology buyers to identify trending themes, as it gives a high-level overview over current and upcoming regulations, emerging technologies, and their impact on IT and business. It also provides guidance to IT vendors on where IDC expects financial services IT spending to focus and highlights key focus areas of IDC research in the coming 12 months. As such, it provides guidance for analyst relations to contribute to upcoming research reports.
Big data analytics and discovery, Cognitive/artificial intelligence, Governance, risk and compliance infrastructure, Information protection and control, Internet of things, Security management, Technology buyer, eCommerce