Goto

Collaborating Authors

 meaningful implementation


Moving from AI awareness to meaningful implementation

#artificialintelligence

While most executives at financial institutions agree that artificial intelligence (AI) is important to their organization's success, few have fully implemented AI projects. In a recent Cognizant survey of 230 financial services executives, three-quarters said AI is extremely or very important to the success of their organizations. However, only 61% of those were aware of an AI project at their company. Even more telling, only 29% were aware of a project that had been fully implemented. Clearly, AI is quickly becoming a competitive requirement, creating the risk that those who are not implementing or updating AI capabilities will fall behind.