NVIDIA Research: AI brings significant profits to financial sector

NVIDIA’s fifth annual study on the state of artificial intelligence in the financial sector shows significant progress in AI’s practical application. Financial organizations are moving from the experimental phase to full-scale technology implementation, achieving substantial business results.

According to the report, nearly 70% of respondents recorded revenue increases of 5% or more due to AI implementation, with a significant growth in the number of companies achieving 10-20% revenue increases. More than 60% of study participants reported annual cost reductions of at least 5%. Notably, a quarter of respondents plan to use AI to create new business directions and revenue streams.

In generative AI, trading and portfolio optimization show the highest return on investment – 25% of responses, followed by customer experience and interaction at 21%. This data confirms AI’s practical value in transforming key business processes.

The study also revealed significant progress in overcoming AI implementation barriers. Half of the respondents in management positions reported launching their first generative AI-based service or application, with another 28% planning to do so in the next six months. The number of companies reporting insufficient AI budget decreased by 50%, indicating growing investments in technology development.

There is a notable reduction in problems characteristic of the initial AI implementation stage. Fewer companies report data difficulties and privacy issues, and concerns about insufficient data for model training have also decreased. These improvements reflect growing expertise and improved data management practices in the industry.

As financial organizations increase AI budgets and improve data management, they strengthen their positions to use artificial intelligence to enhance operational efficiency, security, and innovation across all business functions.

Autor: AIvengo
For 5 years I have been working with machine learning and artificial intelligence. And this field never ceases to amaze, inspire and interest me.
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