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 tc survey show major banking


TCS survey shows major banking and financial interest in AI Business & Finance

#artificialintelligence

The survey conducted on leading banks and financial institutions across the world shows interesting developments and interest in the artificial intelligence (AI) sphere. Tata Consultancy Services (TCS) surveyed 182 banking and financial bodies (85 in North America, 65 in Europe, 28 in Asia-Pacific and 4 in Latin America). In total, 835 executives took part across 13 sectors such as automotive, energy and insurance, to name a few. The banking and financial services (BFS) institutions taking part produced some interesting results. Over four-in-five companies (86%) are now using AI with the remaining 14% planning to apply it by 2020.