Vultr just released the latest iteration of its AI Maturity report, “Unlocking the Power of AI in Financial Services,” which covers the impacts of AI implementation in the financial services industry, and how organizations can overcome industry challenges to make the most of their AI deployment.
The newest derivative report shares that finserv organizations are seeing improvements in their financial and business outcomes upon deploying AI systems. In addition to the above points, key findings include:
- FinServ organizations currently have on average 162 models in production, with that number expected to increase by more than 10% in the coming year.
- 47% of FinServ organizations report being in the “Accelerated” stage of AI implementation, compared to 39% of respondents in other sectors.
You can find the full report here and a supporting blog here.
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