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⚠️ Financial services alert: Banks are racing to build AI — but tech gaps are slowing them down 🏦⚙️

CIO Dive reports that banks are doubling down on cloud, cybersecurity, and data investments to unlock GenAI’s full potential:

🔹 72% of firms are scaling generative AI projects
🔹 4 in 5 rank cyber, analytics, and cloud as top priorities
🔹 Yet nearly half are battling data silos and quality issues
🔹 Leaders expect GenAI-driven productivity gains — but returns are uneven

The path forward?
🧠 Build resilient, secure cloud foundations
🔍 Tackle data modernization before scaling AI
🛡️ Invest in governance, access controls, and model guardrails

AI may be the future of banking — but only if the underlying tech can support it safely.

#Banking #Cloud #CyberSecurity #GenerativeAI #DataStrategy #Fintech #security #privacy #cloud #infosec

ciodive.com/news/bank-tech-clo

CIO Dive · Banks gear up to boost cybersecurity, cloud and data spendingBy Matt Ashare

Overcoming Data Analytics challenges. Data analytics teams in Austria, Denmark, Germany and Netherlands often struggle with defining a clear data strategy and integrating advanced analytics tools. These challenges limit the potential for data-driven decision-making.

Pain Points:
Defining a comprehensive data strategy.
Integrating advanced analytics tools.
Ensuring data quality and consistency.

As noted in Austrian data analytics challenges, privacy, security, and data ownership are significant concerns. Additionally, barriers to data adoption include data consolidation and governance.

Pain Points and barriers to the adoption of Data services
plainconcepts.com/pain-points-

Austrian data analytics challenges
iktderzukunft.at/resources/pdf

We know data is more significant than ever before, but how can you lead a successful data strategy initiative in your own organization?

In the first episode of our Humanizing Data Strategy series, Markus Buhmann speaks to Tiankai Feng and Asmaa Hechenberger about how to build the foundations of a strong data strategy. If you’re a data leader looking to bolster your data strategy for the future, this podcast is for you: ter.li/4l1o4n

📢 Calling all data enthusiasts! 📢

It's time for the next episode of The Drill Down with Ahmad & James, featuring an in-depth discussion on 𝗧𝗵𝗲 𝗗𝗔𝗥 𝗣𝗿𝗶𝗻𝗰𝗶𝗽𝗹𝗲. In this livestream, Ahmad Chamy and I will share how you can apply this simple principle to revolutionize your approach to 𝗗ashboarding, 𝗔nalysis, and 𝗥eporting in Power BI and Fabric. Perfect for anyone looking to enhance their organization's data-driven decision-making capability! 📈🔍

🗓️ Date: Wednesday, 5 February 2025
🕒 Time: 2PM CST

👉 RSVP here, and let’s chart a course to better data analytics together! 📈
lnkd.in/gSi6_CRF

lnkd.inThe Drill Down with Ahmad & James: The DAR Principle | LinkedInTune in to this episode of The Drill Down with Ahmad and James, as we explore The DAR Principle and how it can help you improve your Dashboards, Analysis, and Reporting in Power BI and Fabric. Discover practical tips and strategies to take your data analytics to the next level. Get ready for an insightful session! 🎯📊 🗓️ Date: Feb 5 🕒 Time: 12 PM PST 🔗 Register today, and let's improve our DAR-chitecture together! 🏛️ #TheDrillDown #PowerBI #MicrosoftFabric #DataVisualization #DARPrinciple #BusinessIntelligence #DataStrategy

AI & ML are revolutionizing how organizations operate, make decisions, & create value. Diving headfirst into AI/ML without a solid foundation can lead to costly mistakes & suboptimal outcomes

The top 5 data fundamentals organizations need to have in place before implementing AI/ML:
foxconsulting.co/post/stressed

Fox Consulting helps organizations prepare for next generation technologies! Reach out for a FREE 1 hour prospective client strategy session: foxconsulting.co/contact

Our #DataLeaders Summit is coming back to #Wexford in March! Join our invited keynote speakers and panellists for a focussed discussion on four strategic data topics for leaders in organisations. Details of the event can be found at the link below. Spaces are limited and early bird discounts for event packages including accommodation expire at the end of the month!
summit.castlebridge.info/
#DataStrategy #DataGovernance #DataLiteracy #DataLeader