AI Implementation Strategy: DIY or a Customized Solution?

In a rapidly changing financial environment, the race is on for AI implementation. It's no longer if an organization is using AI, it's when they get it and how they implement it in business. The big question is should they develop in-house, buy off the shelf or get a custom solution? Here's what the options offer and what to look for when choosing an AI solution. Surveys of major financial organizations show they recognize the need to use AI to leverage their complex data and mitigate business risks. MIT Sloan Management Review did a survey of more than 3,000 managers and interviewed executives, learning that a majority of companies have tried developing AI, but only 1 in 10 gained significant financial benefits.