According to the IDC, global revenues for big data and business analytics (BDA) in banking will grow to more than US$203 billion in 2020. Moreover, 40% of the industry has stated that harnessing Location Intelligence is their top technological focus. As data increasingly becomes an invaluable part of business intelligence solutions for bankers, managing vast amounts of datasets in real time will be an essential tool in determining profitability for banks. Geospatial and location intelligence (GLI) are shaping up to be a powerful ally for its early adopters in banking, with 23% of organizations applying GLI capabilities within their business intelligence (BI) and analytic platforms.
This factsheet is tailored to banking managers and high level executives who are curious to see what Location Intelligence can deliver for them. Download it now and discover: