China Banks momentum for the Digital Transformation Innovation Efforts



It is always indispensable, productive and efficient for every company to consider the Digital Transformation as a business model innovation, not like a trend. In this momentum, flexibility, agility, productivity, performance, security and compliance should be at the core of stakes. 


Nowadays, technologies such as Big Data/Analytics, Cloud, Mobility and Social Business; including Robotics, 3D Printing, Virtual/Augmented Reality (VR/AR), Internet of Things (IoT), Cognitive Systems, and Next Generation Security, are and will enable financial services companies to transform their business processes.

When it comes to the bank ecosystem in China, a report from IDC shows that the IT solution market in China’s banking industry continued to maintain a good momentum of stable growth in 2015.

The firm reveals that, while China’s banking industry is facing the 3 major challenges of macroeconomic decline, market-oriented interest rate reform and Internet finance, the IT solution market in China’s banking industry will enter a period of integration, while continuing to maintain a stable growth momentum.