IT Vendor Market Shares in European Financial Markets, 2001: Industry Report

IT Vendor Market Shares in European Financial Markets, 2001

Product Type: Market Research Report
Published by: Datamonitor
Published: September 2002
Product Code: R313-4353

Description

Introduction: This executive report examines technology expenditure in European financial markets with a drill down into the software and services and external spending markets. It then analyses market shares for the top 12 vendors for the total external and software and service markets with a strategic summary of key vendors. Scope of the Report: * Coverage of Western Europe including Benelux, France, Germany, Italy, Nordics, Spain, Switzerland, and the UK * Vendor market share analysis using Datamonitor's granular vendor database including IBM, Reuters, Misys, SunGard, Accenture, Compaq and HP * Market forecasts for the European external technology and software and services markets to 2004. Report Highlights: The crash in the TMT sector followed by the events of September 11th turned market sentiment from undue optimism to heavy pessimism and the focus of IT strategy shifted from revenue building to cost cutting and efficiency-led initiatives forcing IT vendors to revise their business strategies and product offerings. A significant reduction in new development spending has impacted the adoption of new applications, hurting ISVs servicing this market, and the change in strategic focus to cost reduction has led to cutbacks on variable costs, such as IT services. The key area of investment spend remaining in the short term is chiefly concentrated on efficiency-led projects, that deliver near-term cost savings and thus provide rapid ROI. Key Reasons to Buy this Report: * Learn which key macro and micro factors are shaping the European financial markets competitor landscape * Understand the development of the external and software and services markets with robust market forecasts to 2004 * Garner a detailed overview of the European financial markets competitor landscape by market share and strength areas * Learn what strategies are being used by institutions to generate operational efficiencies and the resultant opportunity for vendors

Table of Contents

Overview

Introduction

This executive report examines technology expenditure in European financial markets with a drill down into the software and services and external spending markets. It then analyses market shares for the top 12 vendors for the total external and software and service markets with a strategic summary of key vendors.

Scope

Coverage of Western Europe including Benelux, France, Germany, Italy, Nordics, Spain, Switzerland, and the UK.

Vendor market share analysis using Datamonitor's granular vendor database including IBM, Reuters, Misys, SunGard, Accenture, Compaq and HP.

Market forecasts for the European external technology and software and services markets to 2004.

Report Highlights

The crash in the TMT sector followed by the events of September 11th turned market sentiment from undue optimism to heavy pessimism and the focus of IT strategy shifted from revenue building to cost cutting and efficiency-led initiatives forcing IT vendors to revise their business strategies and product offerings.

A significant reduction in new development spending has impacted the adoption of new applications, hurting ISVs servicing this market, and the change in strategic focus to cost reduction has led to cutbacks on variable costs, such as IT services.

The key area of investment spend remaining in the short term is chiefly concentrated on efficiency-led projects, that deliver near-term cost savings and thus provide rapid ROI.

Reasons to Purchase

Learn which key macro and micro factors are shaping the European financial markets competitor landscape.

Understand the development of the external and software and services markets with robust market forecasts to 2004.

Garner a detailed overview of the European financial markets competitor landscape by market share and strength areas.

Learn what strategies are being used by institutions to generate operational efficiencies and the resultant opportunity for vendors.

THE EUROPEAN FINANCIAL MARKETS ENVIRONMENT

Pressures shaping the vendor landscape are examined, helping you to position your offerings. Understand why efficiency concerns are steering IT investment decisions.

How significant is revenue building as an IT strategy?

Cost out and efficiency in

Why standardization and rationalization are top priority

OVERALL EUROPEAN FINANCIAL MARKETS TECHNOLOGY MARKET

Understand the path of the overall external spending opportunity to 2004 and spikes in investment. Discover the top vendors by market share and understand their key business drivers.

Will 2003 fare any better than 2002?

The new HP - challenger to IBM?

Near term depression for hardware and license revenues

EUROPEAN FINANCIAL MARKETS SOFTWARE AND SERVICES MARKET

Discover the path to growth and time your play. This section charts development of the market and positions vendors by market share. IBM leads but the market is very fragmented ISVs are well positioned and momentum should be leveraged

The play is open but viability is key

APPENDIX

Future readings

Contact the author

Ordering and More Information

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