IT in Banking Future Trends

Assignment 2 Presentation by-

Nikhil Gupta
Saurav Mitra
Mohd. Naseem Akhtar
Siddhartha Mitra
Sowmya Mendu

August 6, 2014
2
Agenda
1. What IT related changes can we expect in
two years, i.e. by 2016 in world at large?
2. What IT related changes can we expect in
two years, i.e. by 2016 in the banking industry?
2. What IT related changes can we expect in
twenty years, i.e. by 2034?
3
Agenda
1. What IT related changes can we expect in
two years, i.e. by 2016 in world at large?
2. What IT related changes can we expect in
two years, i.e. by 2016 in the banking industry?
2. What IT related changes can we expect in
twenty years, i.e. by 2034?
Next Gen Mobile- Smart Devices: Smart phones with
excess design and features are going to have
effective parity with PCs
Social Media- Social Business: The world will be
approaching more towards social media services to
stay in touch, communicate, and collaborate.
4
What IT related changes can we
expect in two years?
What IT related changes can we
expect in two years? (continued)
CRM Software purchase: A vast majority of
businesses will be using commercial CRM
solution as opposed to a proprietary solution.
Cloud Computing: More reasons to adopt than
just cost reduction. In the case of businesses
performance issues and lack of visibility into the
stack for large enterprises can be avoided.



5
6
Agenda
1. What IT related changes can we expect in
two years, i.e. by 2016 in world at large?
2. What IT related changes can we expect in
two years, i.e. by 2016 in the banking industry?
2. What IT related changes can we expect in
twenty years, i.e. by 2034?
Effective usage of commercial CRM solution to
manage and service customers.
Banks payment gateway solutions will be faster,
safer and efficient.
Mobile banking facility will be enhanced.


7
What IT related changes can we
expect in two years in banking
industry?
What IT related changes can we
expect in two years in banking
industry? (continued)

With increase in literacy level (educational plus
IT), The rural Banking will be the lucrative sector
for every bank in terms of profit maximizing,
following low investment in fixed infrastructure
cost due to active IT involvement.

8
9
Agenda
1. What IT related changes can we expect in
two years, i.e. by 2016 in world at large?
2. What IT related changes can we expect in
two years, i.e. by 2016 in the banking industry?
2. What IT related changes can we expect in
twenty years, i.e. by 2034?
Digital eye contact lenses: Solving all computing
needs.
Data Storage: No more USBs, hard drives, data
centres. It will be mind access and mind sharing.
3 D Printer: Maximum utilities (products) can be
obtained using 3-D printers.
No plastic money usage. Only virtual money will
be used for transaction and other purposes.

10
What IT related changes can we
expect in twenty years?

11
Thank you