Report cover image

Enterprise Intelligence in Financial Services: Accelerating Decision Velocity to Scale and Differentiate

Publisher IDC
Published May 02, 2023
Length 6 Pages
SKU # IDC17916012

Description

Enterprise Intelligence in Financial Services: Accelerating Decision Velocity to Scale and Differentiate


This IDC Perspective examines the concept of enterprise intelligence that helps institutions make faster decisions based on location-independent data, analytics, AI/ML, and automation and that supports the institution's ability to accelerate decisions without undue risks. IDC believes that speed and accuracy of decision making is critical to enhancing the ability to overcome disruptions and leveraging the work already done to evolve the financial institution into a digital business and lead the industry to a new era of innovation and differentiation. IDC believes that enterprise intelligence, based on a data-driven culture and appropriate technologies, will continue the work done to digitally transform and help the institution scale and differentiate through innovation and service."Financial institutions continue to invest in digital infrastructures and technologies with a goal of scaling the digital business," says Jerry Silva, program vice president, IDC Financial Insights. "Enterprise intelligence is quickly becoming a critical capability that will support institutions by improving decision velocity while maintaining control, and help the institution achieve growth in the future market."

Please Note: Extended description available upon request.

Table of Contents

6 Pages
Executive Snapshot
Situation Overview
Faster Decisioning Will Be Critical to Future Growth
Adopting an Enterprise Intelligence Architecture in Financial Services
Spending on Enterprise Intelligence Is on the Rise
Advice for the Technology Buyer
Learn More
Related Research
Synopsis

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us