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Gartner Predicts Half of Finance AI Projects Will Be Delayed or Cancelled By 2024

#artificialintelligence

Half of current finance artificial intelligence (AI) deployments will be either delayed or cancelled by 2024, while the use of business process outsourcing (BPO) for AI will rise from 6% to 40% within two years, according to Gartner, Inc. CFOs face major barriers to scaling up the use of AI in-house and will increasingly turn to business process outsourcing (BPO) solutions to meet their digital transformation objectives. Gartner experts provided CFOs with a breakdown view into some of the key predictions around the growing use of AI-driven technologies via the finance and accounting outsourcing market here today during the Gartner CFO & Finance Executive Conference. "While finance departments have made reasonable progress in laying the groundwork for AI, the challenges come when attempting to scale up solutions that can manage the complexities of function-wide use," said Sanjay Champaneri, senior director analyst in the Gartner Finance practice. "The upfront costs of building scalable infrastructure in house, and the overreliance on stretched citizen developers, will lead many CFOs to rethink their current strategies." Digital automation in finance often fails to meet the expected benefits outlined in business cases for deploying such technologies.


Nintendo Has Cancelled The Production For 'Project Giant Robot'

Forbes - Tech

One of the more interesting Wii U games revealed back in 2014 was Project Giant Robot, allowing players to bulldoze through environments as large mecha. It now appears that the company has since cancelled the game. Thanks to Polygon, we now know that the game has sadly been dropped from production and that the last Wii U game release will be Zelda: Breath of the Wild. If I am honest, I am not entirely surprised by this news. Nintendo doesn't really have a history of doing mecha games and these types of games aren't at all as straightforward to develop as many may assume.