Digital Transformation in Finance Industry: The Latest State in Turkey

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IDC predicts that 65% of global gross domestic product (GDP) will be digitalized by 2022. In addition, global investments in digital transformation (DX) are expected to exceed $6.8 trillion over the 2020–2023 period.

Companies that have successfully transformed themselves fully into digital enterprises generate twice as much revenue and operating profit as those that have not yet transformed.

Less than 20% of companies are fully transformed today. As more and more companies undertake DX, the relative GDP generated from digitalized products and services will expand exponentially.

In line with global trends, IDC’s recent end-user survey shows that financial organizations in Turkey are rapidly embracing new technologies to improve agility, enhance customer engagement, maximize profit, and sustain a competitive advantage.

According to survey 76% of finance organizations in Turkey have integrated, continuous, and enterprise-wide DX initiatives. 

Where are the finance companies in the experience transformation, what are the reasons that encourage the use of new technologies, which technologies are used the most, and what results do they achieve?

Please fill out the form to download our research results, which we have carried out with the participation of the leading executives of the financial sector, together with IDC.

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