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A lot of organizations don’t recognize the role that AI technology can play when it comes to business management, improving customer relationships and managing your business’s online profile. It’s hard to have success with prospective customers when your online profiles don’t promote success.
One analysis found that the market for AI in the profession is expected to be worth over $600 million within the next three years. Personalized marketing messages, for instance, exhibit higher rates of being opened and clicked compared to generic messages. AI technology is rapidly changing the software industry.
Raduta recommends several metrics to consider: Cost savings and production increases when gen AI targets efficiencies and automation; Faster, more accurate decision-making when gen AI is used to analyze large datasets; Time-to-market and revenue when gen AI drives product innovation by generating new ideas and prototypes.
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According to P&S Intelligence , AI in the fintech market is expected to grow to $47 billion in 2030 from $7.7 According to MarketsandMarkets , AI in the cybersecurity market is projected to grow from $8.8 The post Promising Benefits of AI in the Financial Technology Market appeared first on SmartData Collective.
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