More NewsThe Popularity of Tablets Among Treasurers is Set to Soar, Says Ovum

The Popularity of Tablets Among Treasurers is Set to Soar, Says Ovum

The ability of tablet devices, such as the iPad, to accommodate corporate treasurers’ needs when they are out of the office has been investigated by the Ovum consultancy in a new report entitled ‘Tablet Adoption in Corporate Banking and Wealth Management’.

The Ovum report found that there is an increasing movement from downloadable app-based solutions towards browser-based software among corporate treasurers and wealth managers, but the technology consultancy says full web-based functionality is still a year off for some useful applications. Of course, some treasuries may be more advanced in their tablet adoption, allowing staff to authorise payments, transactions and shipments while on the move. The ability to interact with your corporate bank on a standardised platform while out of the office is also a key consideration.

“HTML5 is becoming more robust and will gain momentum through 2012,” pointed out Rik Turner, a senior analyst at Ovum and author of the report, when discussing the reasons why tablets are likely to gain wider acceptance among businesses. Up until now Apple’s iPad has not been able to access pdfs, an important resource for corporate treasurers’, but HTML5 will change this. “Features such as the ability to work offline, access on-device contact lists, and so on, are in development and although there is still a significant drawback to be addressed in the form of code security, this too may not be an insurmountable obstacle,” added Turner.

With these improvements combined with the downloadable apps’ immense shortcoming – a different version must be written for each operating system the developer wants them to run on – Ovum expects to see more companies looking at browser-based functionality a year from now.

The Ovum report looked at the tablet as an aid to customer interaction in face-to-face meetings in the wealth management sector, alongside corporate treasury and banking uses.

Related Articles

Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

1m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

2m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

2m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

2m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

2m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

2m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

3m Tasja Botha
FX for corporates: 5 best practices for treasurers

Economy FX for corporates: 5 best practices for treasurers

3m Mateo Graziosi