26 September 2024

Banking on the right AI deployment strategy

AI, Other

Banking on the right AI deployment strategy Quick Insights:  Cloud deployment dominates GenAI in finance, with 54% of organizations increasing investments  GenAI could add $200-340 billion in global banking value annually  Hybrid and edge solutions are emerging for specific use cases like fraud detection and wealth management  The banking sector is rapidly integrating GenAI into its operations. Financial institutions must choose between cloud, edge, or hybrid architectures. This decision is not just technical but strategic,…

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27 August 2024

$99 or $99,000: How much does AI implementation really cost? 

AI, Business, Digital Transformation, Other

$99 or $99,000: How much does AI implementation really cost?  Quick insights:  • AI implementation costs range from $5,000 to over $1 million  • Hidden costs include training, infrastructure and data preparation • Early AI adopters gain significant competitive advantages  AI and its price tag  How much does implementing AI actually cost? It's a question that's both simple to ask and complex to answer. The reality is, there's no fixed price tag for AI implementation.…

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8 August 2024

Why 77% of employees’ productivity is down due to AI and what can you do about it? 

AI, Business, Other

Why 77% of employees' productivity is down due to AI and what can you do about it?  Quick insights:  AI is causing unexpected productivity challenges for employees  Gap between executives and employees widens when AI is introduced  Successful AI implementation lies in active engagement of the workforce  The AI productivity paradox AI entered today's workforce promising great productivity gains and efficiency. However, there's a major roadblock on the way to success - the disconnect between…

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