According to these reports, the competitive business environment that exists today, combined with "compliance pressure", not to mention the current economic turbulence, is set to drive huge investment in BI software by the banks.
These financial institutions recognise the need to invest in infrastructure if they are to sustain the required compliance solutions and also provide business value.
The integration of business intelligence with analytic tools such as content management, business processes and risk modelling was described as vital if such developments were to be continued.
Meanwhile, a new Computerworld report notes that the growth in user-generated content has required web analytics to adapt and produce data on more than the traditional focus on page views.
