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Navigating the Landscape: The Cost and Benefits of Generative AI Implementation | Blog

Everest Group

Generative AI (gen AI) can significantly benefit the BFSI industry. Explore the various costs and advantages associated with this technology in this blog, or get in touch to find out more. Gen AI has recently gained considerable attention in the banking, financial services, and insurance (BFSI) industry.

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Sailing Through Tech Talent Market Turbulence: Optimize and Fortify the Talent Supply Chain for Superior Talent Readiness | Blog

Everest Group

A notable trend during this period has been the record-high attrition rates, especially in niche and specialized roles, indicating a significant turnover of skilled professionals within the industry. However, the supply of qualified talent is struggling to keep pace with this demand, leading to a widening talent demand-supply gap.

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Beyond the Hype: Approaching Gen AI in BFSI Enterprises with the Generative AI-EXCEL Framework | Blog

Everest Group

To successfully adopt Gen AI in BFSI, enterprises need to consider four fundamental aspects that can lead to responsible and effective deployment. Carefully evaluating each framework component is essential to ensure a positive Gen AI journey. However, a thoughtful approach is required to fully reap the benefits of Gen AI.

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AWS re:Invent: The Story Beyond Generative AI | Blog

Everest Group

This blog explores the top three themes we believe make their mark in the sea of announcements, initiatives, and even unspoken priorities. However, with the market transitioning to Generative AI , the earlier approach of building partnerships based on core infrastructure will need to evolve. Since attending AWS re:Invent from Nov.

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Generative AI and Cloud Integration Keep Mainframes Alive in the BFSI Industry | Blog

Everest Group

The rise of generative AI (gen AI) will encourage more BFSI firms to adopt a comprehensive technical architecture, integrating cloud and mainframe technology at its core. Read on for insights from the survey or get in touch. Are BFSI firms really ditching mainframes? IBM is focusing its messaging on rightsizing over downsizing.

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BigTechs’ Play in Generative AI in Healthcare | Blog

Everest Group

The healthcare sector is increasingly interested in harnessing generative AI capabilities to drive operational and cost efficiencies. Discover the latest developments, challenges, and outlook for generative AI in healthcare in this blog. For example, Oracle partnered with AI specialist firm Cohere to develop GAI solutions.

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Key Issues 2023: Assessing the Global Services Industry’s Performance Against Expectations | Blog

Everest Group

Coming off a bumper year in 2022 with double-digit growth driven by pent-up demand after the pandemic, the global services industry entered 2023 with macroeconomic uncertainty clouding the forecast. The talent/skill shortage was the top concern industry leaders highlighted as part of the Key Issues Survey 2022.

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