Financial institutions from funds to banks operate in highly regulated markets. The movements are important and fast. Automation resulting from AI brings unknown possibilities until today. It also allows new levels of profitability to be achieved. This IT revolution also reduces the risk of errors in the processing of millions of data.
AI automates many aspects of insurance products from design to communication campaigns and customer relations. Among other things, Artificial Intelligence can anticipate contract termination behaviour and prevent the risk of fraud. In this sector, AI allows cost and time savings in the development of services and products. Insurers say they are 70% ready to invest in process automation in the near future.
The Automotive sector is driven by three revolutions that define the car of tomorrow: electric, connected and autonomous. The AI finds its place in the automotive sector where the autonomous car has become the ultimate goal for all market players who wish to remain in the race after 2025.
Artificial Intelligence is also entering the world of medicine. This is not to replace the link between the patient and the doctor, but to strengthen it, in particular by facilitating patient follow-up. The AI then intervenes in the follow-up of the treatment. But the patient – that is, everyone – can get answers to all his health questions thanks to chatbots based on Big Data and Artificial Intelligence.