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Interestingly, Gartner predicts major increase of spend in - ahem - mainframes, a technology that's not normally associated with digital! To play loose with the old saying, the light on the other side of the tunnel might be the headlight from the legacy
train coming from the opposite direction!
Great article. I agree banks need to take a long and holistic view of their digital transformation initiatives. Digital transformation is going to involve more than just the latest shiny new technology. In addition to investing in technology, banks will
need to break down organizational silos, evolve their business processes and implement a governance program that drives accountability, ensures adoption, and holistically focuses the bank on their desired outcomes and long-term vision. Otherwise, they'll metaphorically
still suffer the same bottlenecks and delays that Bostonians are dealing with even after the Big Dig.
Ravco Marketing, LLC
20 Jan 2008
This post is from a series of posts in the group:
A community for discussing technology trends, views and perspective in global transaction banking
09 Jul 2020
04 Apr 2020
13 Mar 2020