Global Big Data as a Service Market to Grow at a CAGR of 60.9% During 2016-2020

Albany, NY -- (SBWIRE) -- 05/04/2016 -- With the rise in IT consumerization, technology has created a new platform for financial applications, helping banks to collect, consolidate, and consume information to change the engagement model with customers through websites and mobile applications. With the rise in mobile workforce and consumer expectation, financial institutions are gearing up their efforts to attract, retain, and grow their next-generation IT-driven bankers. However, many industry verticals are struggling to act quickly to meet the expectations of online customers due to fragmented processes, legacy technology infrastructure, and ingrained businesses.