Demand for artificial intelligence goes global

Demand for artificial intelligence goes global
#AI #MachineLearning #Fintech #ML #tech

  • ‘The financial sector understands the value of innovation and there is real ambition to implement artificial intelligence around the world, especially in Europe and the US’

    Synechron Inc., the global financial services consulting and technology services provider, has announced that nearly 60 financial institutions are set to implement artificial intelligence (AI) technology – with interest spanning across four continents.

  • Currently, 57 financial institutions based in Europe, the US, Middle East and Asia are being helped to adopt AI technology by Synechron: 28% of these firms are based in Europe with UK headquartered institutions accounting for nearly half (45%) of the interest in Europe, and 23% of interest worldwide.
  • >See also: 5 ways AI will impact the global business market in 2017

    A further 26% involve natural language processing or natural language generation.

  • Most (54%) of the interest from the UK is centered on robotic process automation, while 43% of US firms and 30% of firms based on the European continent are interested in adopting natural language processing or natural language generation technology.
  • >See also: Digital investment doubles in the UK, led by IoT and AI

    Faisal Husain, Synechron co-founder and CEO, said: “The financial sector understands the value of innovation and there is real ambition to implement artificial intelligence around the world, especially in Europe and the US.

Demand for artificial intelligence reaches four continents in three months, new figures from Synechron show
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