Remove Banking Remove Market Research Remove Research
article thumbnail

AI poised to replace entry-level positions at large financial institutions

CIO

Global banks and investment firms are currently mulling plans to replace entry-level financial analyst positions with artificial intelligence (AI), with as many as two-thirds of these positions potentially on the chopping block.

Banking 539
article thumbnail

Banks Merge Data Mining and CRM Tools to Boost Profitability

Smart Data Collective

The recent slew of bank failures have created a lot of concerns about the state of the global economy. The good news is that big data technology is helping banks meet their bottom line. The banking sector, in particular, can use big data technology to improve the actuarial analysis of the loan underwriting and approval process.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 industries where chatbots will have the biggest impact

CIO

Healthcare: digital assistants for Dx and Rx The market for healthcare chatbots globally is projected to more than triple to $647 million by 2030, according to Vantage Market Research. billion, according to Verified Market Research. Banking customers are increasingly using chatbots in their everyday transactions.

Banking 397
article thumbnail

5 top ERP trends for 2022 — and their implications for IT leaders

CIO

By going in for a standardized ERP solution, IT leaders can avoid these issues, and most are following suit,” says Abhishek Mundra, practice director for enterprise platform services at research firm Everest Group. Gartner defines the market for cloud ERP as a market for application technology.

IT 545
article thumbnail

Global managed services to grow in 2024 as enterprise IT spending rises

CIO

Many of the large deals were signed in the Nordics, including the Danske Bank and Infosys contract and the LahiTapiola Mutual Insurance and CG deal, which further fueled the growth in the region.” The research firm predicted that managed services deal size in 2024 will be larger than that of 2023. billion, IDC said.

article thumbnail

Powering the future: How Gen AI and AI illuminate utility companies

CIO

According to market researchers at Gartner 1 , “Utilities are faced with unprecedented challenges.” ResearchandMarkets 1 estimates that the energy and power market spent 3.103 billion USD on AI in 2021. And by 2028, the AI spend is likely to more than quadruple to 14.257 billion USD.

Alliance 514
article thumbnail

10 Market Research Trends in 2021

Netbasequid

Filling your coffers with consumer, competitive and market intelligence pulls back the curtains and opens the windows breathing new life into the way you do business. And these 10 market research trends in 2021 are bound to do just that. How Market Research Tools Have Evolved.