Oracle Corporation and HSBC announced a strategic partnership aimed to accelerate the bank’s digital transformation. Under the multi-year agreement, HSBC will upgrade and migrate select database systems to Oracle Exadata Cloud@Customer, a cloud platform delivered as a managed infrastructure service in HSBC’s own data centers.
Ricoh USA, Inc. introduced RICOH Claims Management Services, an intent-integrated service that addresses a significant obstacle for insurance providers: accelerating claims resolution to boost retention and satisfaction with clients.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 5107
Published Date: Jul 27, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Growing need to improve business operations in enterprises and the increasing adoption of big data management & analytics are the major factors driving the market growth.
The market is anticipated to attain a CAGR of 14.9% over the forecast period, i.e., 2023 Ã¢â‚¬â€œ 2035.
The major players in the market are IBM Corporation, Microsoft, Oracle Corporation, Fujitsu, Mitsubishi Logistics Corporation, Be One Solution, Fujifilm Business Innovation Co., Ltd, and Open Text Corporation.
The solution segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.