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Banks, insurance firms, and other institutions are increasingly relying on AI to help with customer service, fraud detection, and more. Those that don’t risk getting left out of a potential $1 trillion-a-year increase in value, according to an estimate by McKinsey & Company.

However, obstacles remain for deploying AI and ML models, putting companies at risk of falling behind their competitors. To gain a deeper understanding of these obstacles, IDG and Red Hat recently surveyed IT decision-makers at 100 banks and insurance firms.

Access this research content to discover the trends that are holding back AI initiatives and learn about solutions designed to eliminate roadblocks to adoption.

Vendor:

Red Hat

Posted:

Dec 5, 2023

Published:

Dec 5, 2023

Format:

HTML

Type:

Research Content