Solutions to Align with the Industry’s Most Pressing Needs
Every industry has its own unique focus when it comes to IT spending and priorities, and the financial service sector is no different. Currently, financial services providers have a number of challenges to resolve pertaining to their IT infrastructure. Thankfully, iT1 Source has the right solutions to address each of these issues –- and best of all, these solutions don’t just align with financial service organizations’ requirements, but with their budgets as well.
Data storage and analytics: Big data is a priority across the board currently, and recent research from SourceMedia shows that more than half of all banks –- nearly 60 percent in fact –- are increasing their spending on data analytics solutions. However, in order to leverage these assets to their full potential, financial services providers must also have a robust and secure data storage and management environment. iT1 Source is an expert in this field, and can provide banks and credit unions with everything they need to properly store, secure and manage their critical data, no matter how much of it they have.
Emerging technology: A survey from PricewaterhouseCoopers found that one of the most significant challenges facing the financial service industry today is the prevalence of complex and advancing technologies. Currently, more than 30 percent of banks have plans to bolster the technology at their branch locations. While these assets represent beneficial investments for the organization, they also present challenges when it comes to network support and connectivity. Without the proper network resources in place, these technologies may not operate correctly, or at their fullest capacity.
This is another area where a partnership with iT1 Source is so valuable. We offer numerous options for network connectivity, ensuring that your company and all of your branch locations have the proper support in place to power its advanced technologies.
Reducing on-premise hardware: Financial services organizations aren’t increasing spending overall, however. Eighteen percent of all banks will decrease their budget for servers, demonstrating a need for consolidating existing resources and migrating applications and other items into virtual environments.
While this can be a complex undertaking, virtualization provides promising benefits here, and can be effectively achieved with the assistance of an expert like iT1 Source. We can help ensure that your virtualization initiative is fully supported with the best technologies, and that this migration is successful for your business.
iT1 Source: An expert in IT solutions for financial services
Today’s banks, credit unions and other financial services providers have specialized needs. iT1 Source can help ensure that these are addressed, and that your firm is in the best position to achieve success in the marketplace. iT1 Source partners with industry-leading technology companies, meaning that you benefit not only from our expertise, but the proven excellence of solutions from:
- Hewlett Packard Enterprise
- HP Inc.
- And many more
To find out more about our solutions –- which also include collaboration and unified communication systems, procurement and logistics, and professional services –- be sure to contact one of our our expert iT1 Source agents today.