TechNavio today launched its report Global IT Spending in the Capital Market 2011“2015 based on an in-depth study covering the Americas and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio™s IT Services team said; Shared services, customer analytics, data center consolidation, and IT consulting are some of the IT-based services that are being outsourced to IT vendors with proven expertise. The firms in the Capital market are looking to outsource IT activities to realize cost savings and leverage the expertise of vendors. The number of in-house IT-based functions is decreasing with the advent of a wide portfolio of IT-based products and services with low cost and high expertise that are being offered by the global IT vendors.
According to the report, the installation of application performance management systems has gained prominence in investment firms and brokerage houses. The adoption of application performance management systems enhances the efficiency of managed IT services operations. Hence, the integration of application performance management systems with existing IT infrastructure is a major growth driver of the Global IT Spending in the Capital market.
Further, the report also discusses that the delayed PC refreshment cycle has reduced the growth rate of the Global IT Spending in the Capital market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-it-spending-capital-market-2011-2015
Follow us on Twitter @ Technavio