Financial services companies applied one particular strategy for the use of AI and machine learning more often than others in 2023. The primary strategy for the use of artificial intelligence and ML during the first quarter of 2023 was app development with cloud-based AI and ML services. 44 percent of the financial services companies used this application regularly. Financial companies also regularly purchase apps with embedded machine learning.
Primary strategy of financial services companies for use of artificial intelligence (AI) and machine learning (ML) in 1st quarter 2023
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S&P Global. (October 31, 2023). Primary strategy of financial services companies for use of artificial intelligence (AI) and machine learning (ML) in 1st quarter 2023 [Graph]. In Statista. Retrieved November 06, 2024, from https://www.statista.com/statistics/1446123/financial-services-strategy-for-use-of-ai-and-ml/
S&P Global. "Primary strategy of financial services companies for use of artificial intelligence (AI) and machine learning (ML) in 1st quarter 2023." Chart. October 31, 2023. Statista. Accessed November 06, 2024. https://www.statista.com/statistics/1446123/financial-services-strategy-for-use-of-ai-and-ml/
S&P Global. (2023). Primary strategy of financial services companies for use of artificial intelligence (AI) and machine learning (ML) in 1st quarter 2023. Statista. Statista Inc.. Accessed: November 06, 2024. https://www.statista.com/statistics/1446123/financial-services-strategy-for-use-of-ai-and-ml/
S&P Global. "Primary Strategy of Financial Services Companies for Use of Artificial Intelligence (Ai) and Machine Learning (Ml) in 1st Quarter 2023." Statista, Statista Inc., 31 Oct 2023, https://www.statista.com/statistics/1446123/financial-services-strategy-for-use-of-ai-and-ml/
S&P Global, Primary strategy of financial services companies for use of artificial intelligence (AI) and machine learning (ML) in 1st quarter 2023 Statista, https://www.statista.com/statistics/1446123/financial-services-strategy-for-use-of-ai-and-ml/ (last visited November 06, 2024)
Primary strategy of financial services companies for use of artificial intelligence (AI) and machine learning (ML) in 1st quarter 2023 [Graph], S&P Global, October 31, 2023. [Online]. Available: https://www.statista.com/statistics/1446123/financial-services-strategy-for-use-of-ai-and-ml/