Research and Markets: BFSI IT Market in India 2015-2019 with IBM, Oracle and Wipro Dominating

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/z5r4zk/bfsi_it_market_in) has announced the addition of the "BFSI IT Market in India 2015-2019" report to their offering.

The analysts forecast the BFSI IT Market in India to grow at a CAGR of 14.15 percent over the period 2014-2019.

Key Vendors

- HP

- IBM

- Oracle

- Polaris

- TCS

- Wipro

Other Prominent Vendors

- 3i Infotech

- Accenture

- Acer

- Aegis

- Atom Technologies

- Capgemini India

- Cisco Systems

- CMS Infosystems

- CSC

- Dell

- Diebold

- Firstsource Solutions

- Genpact India

- HCL Technologies

- Hitachi

- iGATE Global Solutions

- JP Morgan

- KPIT Technologies

- L&T Infotech

- Maverick Technologies

- Microsoft

- MindTree

- Mphasis

- Netapp

- Newgen

- Nucleus Software

- Ramco Systems

- Robert Bosch Engineering and Business Solutions

- SAP

- Serco Global Services

- Syntel

- Tally

- Tech Mahindra

- Vmware

- WNS Global Services

- Wolters Kluwer

Commenting on the report, an analyst from the author's team said: Increased adoption of cloud computing and virtualization by Banking, Financial Services and Insurance (BFSI) firms has become one of the major trends in the market. Financial institutions are cutting their capital investment and costs associated with maintenance, security and infrastructure by moving their IT infrastructures to the cloud.

According to the report, stringent regulatory framework is one of the major drivers that has increased the need for enhancement of compliance functions among organizations in the BFSI sector in India. Many financial institutions have established in-house software testing services in order to meet regulatory requirements, which has increased their operational costs.

For more information visit http://www.researchandmarkets.com/research/z5r4zk/bfsi_it_market_in

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Sector: Computing and Technology

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Computing and Technology