The advantages of cloud computing and AI in banking


According to Gartner, the demand for artificial intelligence (AI) in cloud services will continue to increase. Companies develop many products, but some of them never get past the prototype or proof-of-concept stage. By analyzing data and supporting low-skilled users (or those with limited budgets), cloud providers offer their services to all types of businesses, big and small. The next step belongs to the AI. With it, companies can run critical processes and keep an eye on infrastructure, power consumption, cooling systems, network management and more. How does banking benefit from this market development?

Both artificial intelligence and the cloud are introducing automation, which means financial and operational efficiencies.

Head in the cloud and mind in the machine

For many companies cloud computing is a catalyst for digital transformation. It helps to structure and drive business operations, product performance and data availability. For…

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