Cloud Computing & Virtualization will Help the BFSI IT Market in India Gain Traction through 2019

Reportstack has announced a new market research report on the BFSI IT Market in India 2015-2019, which is expected to post a CAGR of 14.15 percent from 2014-2019.

About the Report

According to the report, there is an increase in adoption of cloud computing and virtualization in the banking, financial services and insurance (BFSI) industry. Financial organizations have started cutting their capital investment and costs associated with maintenance, security and infrastructure by moving the bulk of their IT infrastructures to the cloud.

“Cloud computing allows developers to work independently and reduce testing times by accessing software from the cloud directly, even during the development stage,”.

“Because the software testing team can work independently, these solutions tend to eliminate delays and override issues between product development and testing.”

Furthermore, virtualization helps BFSI organizations develop an economical cost structure by reducing the need for physical hardware and lowering energy consumption, thus reducing overall infrastructural costs. It also facilitates centralized deployment and management of virtual desktop environments in order to enhance safety measures for desktop access and data sharing over standard network infrastructures.

To access full report with TOC, please visit BFSI IT Market in India 2015-2019

Key Information Covered in the Report:

Market segmentation, size and forecast through 2019

Market Growth Drivers:

Stringent Regulatory Framework 
For a full detailed list, view our report.

Market Challenges:

Lack of Awareness of Advanced Technologies and Rising Security Issues
For a full detailed list, view our report.

Market Trends:

Increased Adoption of Cloud Computing and Virtualization
For a full detailed list, view our report.

Key Vendors:

HP Corp.
IBM Corp.
Oracle Corp.

Other Prominent Vendors:

3i Infotech
Capgemini India

About Reportstack:

Reportstack is one of the leading distributors of market research reports in the world today. We host more than 200,000 research products from the world's top publication houses. These publications are distributed amongst 12 top industry verticals and 62 sub verticals, which are then further classified into 257 business categories and 5000 micro markets. The vast selection criterion provides granular data from the length and breadth of all these industries delivering Reportstack members with cutting edge research products to facilitate strategic business decisions.



Debora White
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Reportstack Market Research