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

Everest Group

Though a recent Everest Group survey revealed the pressing need for mainframe modernization, the technology is far from dead in the banking, financial services, and insurance (BFSI) industry. Read on for insights from the survey or get in touch. Are BFSI firms really ditching mainframes?

Banking 64
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Why do the Greatest Minds alarm about AI?

Vilmate

Even those not tech-savvy are reading about AI models in the news. In the IT industry, AI has become more than a significant trend. However, instead of just excitement, there are growing concerns about the future this new technology might bring. Related reading: Are we ‘playing God’ with Neural Networks?