This resource is no longer available

Last year US banks spent $67 billion on new technology but with revenues growing in low single-digits and return on assets below cost of capital, return on these investments have often disappointed.

This disconnect clearly demonstrates that there is more to becoming a data business than buying some shiny new tech. Without a data strategy, led from the top and encompassing the whole bank, tech investments run the risk of becoming expensive pet projects, driven by fads and siloed thinking. Which is probably why 85% of them fail.

Read the blog post to learn more and get tips on becoming a data-driven business.

Vendor:

Teradata

Posted:

Feb 8, 2021

Published:

Aug 19, 2020

Format:

HTML

Type:

Resource