AI Related Content

IDC Forecasts Demand for AI Platforms Software will Drive Remarkable Growth over the Next Five Years

The market for artificial intelligence (AI) platforms software grew at a rapid pace in 2023 and is projected to maintain its remarkable momentum, driven by the increasing adoption of AI across many industries, according to the International Data Corporation (IDC). read more

Certification and AI in eVTOLs and eCTOLs: Industry Leaders Avoid Autopilot in Bringing Electric Aircraft to Market

The march toward electric vertical takeoff and landing aircraft (eVTOL) certification is progressing, though some predict a delay in eVTOLs’ market entry. Leading eVTOL developers have nonetheless continued to innovate, with some developing electric conventional takeoff and landing aircraft (eCTOL) and others exploring the application of artificial intelligence to the eVTOL ecosystem.... read more

5 Tech Takeaways from Converge 2024

Scott Nelson

Monitor’s Converge conference is built for people like me. Converge has a multi-faceted focus on how organizations intertwine business strategy, productivity and technology. It is built for enthusiasts looking to learn about and share their experiences with these topics. I... read more

Brij Patel: The Agility Of An Entrepreneurial Spirit

The quest for wealth first drew Brij Patel, president of Alliance Funding Group, to the finance industry. After launching a company, transitioning from a broker to a lender and asset management firm, Patel has demonstrated that true success stems from adaptability and a willingness to embrace change.... read more

Walter Stranzl: Staying On Point In A Changing Industry

As president of OnPoint Capital, the captive of OnPoint Group, Walter Stranzl consistently seeks out challenging opportunities, whether in the current economic climate or in future collaborations between the industry and AI.... read more

AI Fitness Begins with Data Consolidation

Scott Nelson

Most aspirational 2024 New Years’ resolutions have fallen by the wayside leaving only those that are critical to mission and well-being. In equipment finance, Engaging AI in 2024 is one of the latter, not the former — making it a... read more

The Future of Work After AI: Human Wisdom Will Be the Most Valuable Business Asset

Jena Morgan

What does the future of work after AI look like? What if the most valuable business asset over the coming decades will be the wisdom of our mid-lifers and elders? I predict a big Western culture shift in which we... read more

Converge 2024: Creating an Innovative Future with Peter Hinssen

Monitor is hosting Converge 2024 on May 15 – 16 in Philadelphia to build the future of the industry with companies that want to be disruptive and innovative. Monitor chose the event’s keynote speaker, Peter Hinssen, to inspire and challenge Converge’s audience to turn ‘business as usual’ operations upside-down.... read more

The Generative AI Future for Equipment Finance: It’s Time to Think About How to Make it Happen

What are the practical applications of AI in equipment finance? What can it do today and what can we train it to do tomorrow? Valerie Gerard and Denis Stypulkoski explore possibilities for streamlining sales, documentation, underwriting, asset valuation and more.... read more

Dakota Financial Implements Core Elements of Tamarack’s AI Product Suite

Dakota Financial partnered with Tamarack Technology on the implementation of Tamarack’s AI Product Suite – TrailView Customer Service Portal and DataConsole. Dakota is enhancing team productivity, customer service and overall business performance. read more

Financial Service Leaders Believe Sector is ‘Digitally Fit’ But Anxious About AI

While most financial service leaders are confident about the digital fitness of their businesses, 26% have “tech anxiety” about AI and machine learning, according to Kin + Carta. read more

Butterflies and Caterpillars: Exploring Major Themes from Converge

One of the key components of Monitor’s Converge event in June was a Future-Focused Workshop designed to spark transformation in the equipment finance industry. Throughout the day-long conference, many themes emerged, including new business models, outside disruptors, bringing the customer along and, yes, artificial intelligence.... read more

Not Another Buzzword: Top Technology Terms You Need to Know

Let’s face it, to the uninitiated, conversations about technology can sometimes sound like a long string of buzzwords. But understanding certain terms and implementing them will be vital to the continued success of equipment finance. With the help of our guest editors and several service providers, Monitor assembled a primer of essential technology terms. ... read more

Alfa Releases Second Paper on AI, “Using Machine Learning in the Wild”

Alfa, provider of Alfa Systems, released its second paper on artificial intelligence in the industry. Part 2: Using Machine Learning in the Wild explores two specific use cases which take very different approaches to machine learning implementation. read more

Why Manufacturers Need Artificial Intelligence Now

Dean Oliver

As leasing and financial companies, when we hear the term artificial intelligence (AI), the first thing many of us think about is software and big data applications. But the truth is many of our customers and primary lines of business... read more

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