How digital is the Financial Services industry?
Here’s what we learned from our Digital IQ respondents:
- Increasing investments in data mining and cybersecurity. Financial Services respondents report higher current spending than their peers in other industries for data mining & analysis (55% vs. 45%) and cybersecurity (50% vs. 39%) technology.
- Digital IQ among the highest. Financial Services respondents rated the Digital IQ of their organizations (69%) slightly higher than the overall average (63%), making it the industry with the third highest Digital IQ
- Business and IT disconnect on Digital IQ rating. However, there was a 7% gap between the ratings of business executives and IT executives, with IT executives rating their organizations higher than their business peers.
6th Annual Digital IQ Survey