This IDC Presentation examines the European implications of our Worldwide Payments 2018 predictions. The European predictions can vary in impact and timeframe from the worldwide predictions and provide a regional analysis of the overarching trends, the impact on IT and business, and guidance for technology buyers.
In terms of IT investments, IDC expects 2018 to be a defining year for payment providers to execute on their respective roadmaps 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 European-specific regulations such as GDPR and PSD2. With payments as a business getting harder against this backdrop, IDC believes that European payment providers will have to devise innovative business models and transform themselves — or face being marginalized in an increasingly competitive, highly regulated, and disruptive market environment.
This presentation is aimed at technology buyers to help them identify trending themes as it gives a high-level overview of the technology and its impact on IT and business. It also provides guidance to IT vendors where IDC expects payments 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.
Analytic applications, Big data analytics and discovery, Customer relationship management applications, Digital transformation, Financial resource management, Global IT and economic markets, Governance, risk and compliance infrastructure, Internet of things, Technology buyer, eCommerce