India, June 11 -- Financial institutions are prioritising the management of growing data volumes, yet many are placing less emphasis on the infrastructure needed to support artificial intelligence (AI) and long-term data governance, according to new research from Hitachi Vantara.

The report found that 35% of financial organisations identified managing data growth as their leading storage priority, making it the most cited concern among respondents. However, only 10% said enabling AI-ready storage and data platforms was a key priority, while just 9% highlighted the implementation of centralised data hubs for governance, reporting, AI and machine learning (AI/ML), and data reuse.

The findings suggest a gap between the increasing demands o...