Only 10% of Financial Institutions Prioritise AI-Ready Storage: Report
New Delhi, June 11 -- Financial institutions are placing data growth at the top of their storage agendas, but only a small proportion are prioritising the AI-ready infrastructure and unified data platforms needed to manage that growth, according to research from Hitachi Vantara.
The study found that 35% of financial institutions identified managing data growth as a leading storage priority. However, only 10% prioritised AI-ready storage and data platforms, while 9% cited the implementation of centralised data hubs for governance, reporting, AI, machine learning and data reuse.
The findings are based on a survey of 100 financial-services decision-makers working across banking, payments and investment firms globally.
While data growth ra...
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