Technology Trend: Fast Cycle of Consumer Technology

By | June 27, 2014
This entry is part 25 of 30 in the series Trends

Banks need to be agile in the build/test/deploy of new apps.  Digital Bank describes banks that invested in iPhone and then customers switched to Samsung.  This will accelerate.  Indeed, consumer technology is an important part of the environment for Banks.  Pol Navarro believes “innovation is a need to adapt to an environment, which changes faster and faster.  If companies do not change at least as fast as their environment, they will not survive.” in his interview in part 2 of the book.

Banks need the capability to sustain a rapid deployment of new apps on diverse devices.  The devices will not all be phones or tablets.  No one knows which technologies will be important or for how long.

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