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Europe Banking Industry CRM 2004 Vendor Profiles: Is It Time for Pervasive CRM?

Product Type: Market Research Report
Published by: IDC
Published: March 2005
Product Code: R104-19097
Description

This Financial Insights study analyzes the evolution of the CRM offering and of the business needs of banks in the field of customer interaction in Europe. Because customer interaction is expected to grab increasing attention, it is important to understand what has changed and how the situation is expected to evolve. This study answers key questions such as:

How has the CRM offering evolved, and what are the objectives of banks that implement CRM solutions? What should IT vendors take into consideration when targeting this market? What are the strengths and weaknesses of packaged and ASP solutions?

According to Angela Vacca, senior research analyst for European IT Opportunity: Financial Services research, "The European banking sector is expected to pay increasing attention to CRM software even if banks are still keeping costs under strict control and demanding more functionality. At the same time, competition among IT vendors is becoming fiercer. Therefore, IT vendors targeting this business area need to understand what is changing and how the evolutions that are taking place in the market can affect their position in the competitive arena."

Table of Contents
Table of Contents
Financial Insights Opinion
In This Study
Methodology
Executive Summary
Definitions
Situation Overview
Introduction
What Is CRM?
The Evolution of the CRM Offering: A Short Overview
Why Is CRM So Important for Banks?
Objectives and Priorities
Involvement of the Board
The Big Issues of IT Budget and ROI Calculation
The Players in the Competitive Arena
Amdocs
Company Profile
Figure: Amdocs Revenue Share by Region, 2004
Financial Services Offering
Financial Insights Opinion
Market References
CSC
Company Profile
Figure: CSC Revenue Share by Region, 2004
Financial Services Offering
Financial Insights Opinion
Market References
Finantix
Company Profile
Financial Services Offering
Financial Insights Opinion
Market References
Oracle/PeopleSoft
Company Profile
Figure: Oracle Revenue Share by Region, 2004
Financial Services Offering
Oracle
PeopleSoft
Financial Insights Opinion
Market References
SAP
Company Profile
Financial Services Offering
Figure: SAP Revenue Share by Region, 2004
Financial Insights Opinion
Market References
SAS
Company Profile
Figure: SAS Revenue Share by Region, 2004
Financial Services Offering
Financial Insights Opinion
Market References
Siebel
Company Profile
Figure: Siebel Revenue Share by Region, 2003
Financial Services Offering
Financial Insights Opinion
Market References
TietoEnator
Company Profile
Figure: TietoEnator Revenue Share by Region, 2004
Financial Services Offering
Financial Insights Opinion
Market References
Traditional CRM Vendor Comparison
Table: Traditional CRM Vendors: An Overview
Traditional Packaged Software Versus On-Demand ASP Solutions
Figure: Packaged Versus ASP CRM Solutions: Strengths and Weaknesses
ASP Solution Suppliers
RightNow Technologies
Company Profile
Figure: RightNow Technologies Revenue Share by Region, 2004
Financial Services Offering
Financial Insights Opinion
Market References
salesforce.com
Company Profile
Figure: salesforce.com Revenue Share by Region, 2005
Financial Services Offering
Financial Insights Opinion
Market References
ASP CRM Vendor Comparison
Table: ASP CRM Vendors: An Overview
Future Outlook
IT Vendors' Requirements
Essential Guidance
Learn More
Related Research
Synopsis
Ordering and More Information
Price and Delivery Options



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