AI Hot Spots: Where Is Artificial Intelligence Heading Now?

“Mehra and Early pointed to banking and financial services as one of the key industries benefiting from AI. The structured nature of financial data and the industry’s past experiences with analytics may have made it easier for companies in this sector to implement artificial intelligence.

‘Many legacy organizations [in other industries] are still learning how to move from pilot projects to full operational deployments since the underlying data and architecture is very different in a pilot versus being operationalized,’ said Early. ‘Financial services and insurance firms have been better at the advanced analytics on transitions since that data is well understood and managed.’”

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