Artificial Intelligence Related Content

Spending on AI to Grow 26% and Reach $120B by 2025

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

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

IDC Forecasts Improved Growth for Global AI Market in 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

2021 Healthcare Industry Outlook

John Sparta

The healthcare industry is, arguably, one of the most heavily impacted industries by the COVID-19 pandemic. Pre-pandemic, it was expected that transformative technologies like artificial intelligence, at-home diagnostics and virtual care would continue to gain traction through 2020 and beyond.... 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

Fincura Provides Free Access to Financial Spreading and Analysis Software

Fincura has announced a new initiative to help equipment finance and leasing companies address the massive influx of financial documents during this pandemic. read more

Addressing the Elephant in the Room: Building AI Capability from the Ground Up

In magazine articles and summits, the equipment leasing and finance industry has begun to move beyond a discussion of emerging technologies and onto practical implementation. John Hurt interviews Fusemachines founder Sameer Maskey and examines how companies can take on what can often seem like a daunting task when they decide to integrate new technologies into their platforms.... read more

Disruptive Forces: Fintech, AI and the Power of Teamwork

Dexter Van Dango sees the future as a synthesis of the past and present as companies develop new technology to adapt some old-fashioned teamwork. He believes equipment finance and leasing companies should take advantage of not only collaborative work models but the agility fintechs and artificial intelligence will continue to offer them.... read more

TD Integrates AI-Powered Chatbot “Clari” into Mobile App

TD Clari, a new chatbot integrated into the bank's mobile app, empowers mobile banking app users with details about their daily spending in a format that's as familiar as texting with a friend. read more

Artificial Intelligence in Manufacturing to Grow at CAGR of 52%

According to a ResearchAndMarkets report, global artificial intelligence in the manufacturing market is expected to rise with a CAGR of about 52% during the forecast period 2017-2024. read more

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