According to the IDC, worldwide spending on AI, including AI-enabled applications, infrastructure and related IT and business services, will more than double by 2028. read more
AUG 20, 2024 - 6:03 am
Equipment-as-a-service, once considered a potential threat to traditional leasing, is becoming quickly antiquated as we enter a new era of intelligence-as-a-service. Paul Bent and Diane Croessmann explain why traditional equipment and asset funders should begin positioning themselves as enablers of new AI-enabled IaaS technology.... read more
July/August 2024
As all angles of innovation and technology continue to dominate industry conversations, Monitor sat down with three leaders of technology companies to discuss best practices for staying up to date with and implementing emerging tech to drive innovation in equipment finance.... read more
July/August 2024
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
JUL 30, 2024 - 6:14 am
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
May/June 2024
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
June 2024
According to a recent report from the U.S. Department of the Treasury, there is a widening gap between large and small financial institutions when it comes to in-house AI systems, with the rise of AI creating additional cybersecurity and fraud challenges. read more
APR 1, 2024 - 6:47 am
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
March 28, 2024
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
March 22, 2024
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
Jan/Feb 2024
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
FEB 27, 2024 - 5:30 am
The highly developed and evolving artificial intelligence (AI)-driven tools and resources, including those that employ natural language processing like ChatGPT and Google’s recent AI offering Bard, are providing many new opportunities for today’s finance professionals. And while experts in the... read more
June 2023
Spending on artificial intelligence in the United States will grow to $120 billion by 2025, representing a compound annual growth rate of 26% during the 2021 to 2025 forecast period, according to International Data Corporation. read more
MAR 18, 2022 - 6:34 am
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
Vol. 48 No. 1 2021
Worldwide revenues for the artificial intelligence market, including software, hardware and services, are forecasted to grow 16.4% year over year in 2021 to $327.5 billion, according to International Data Corporation. read more
FEB 24, 2021 - 6:37 am