Technology is a key for banking in 2009
I found a whole range of technology predictions for 2009. One of the best general forecasts comes from Gartner, who say that the top ten technology areas to focus upon during an economic crisis are:1. Reduce headcount or freeze hiring2. Renegotiate with technology and service providers3. Curtail data center expansion, virtualize assets and lease them back4. Consolidate systems5. Outsource commodity6. Offshore outsource7. Investment shutdown8. Prioritize projects9. Mothball businesses and projects10. Change leadership and restructure IT teamsI agree with this list.In banking, it goes further. In banking, technology is a critical part of the solution for the crisis, and technology also provides a way to avoid the crisis occurring again. That is why I titled this as technology providing 'a key for banking in 2009'.Technology is the key.