Development Tools Spend - Banking, Finance & Insurance Companies

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Financial services organisations are forecast to spend almost £350m on software development tools in 2015.  Banks & finance houses will dominate the sector with expenditure of £200m.  At little over half that amount will be invested by auxiliary financial & insurance institutions such as those providing security, commodity and insurance brokerage services.  Life and general insurance companies are each expected to spend under £20m. 

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Source: IT & Telecom Spend - 80 Industry Sectors (www.kewassociates.co.uk)

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This page contains a single entry by Kris Wicka published on February 18, 2013 1:00 AM.

UK will need 24,000 big data specialists a year by 2017 was the previous entry in this blog.

The business benefits of big data: what do companies expect ? is the next entry in this blog.

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