Over the next two years, firms in the financial services sector plan to increase investment in DLT by 20%, which only slightly lags AI (21%). That’s according to a digital transformation survey conducted by Broadridge based on responses from 500 senior executives.
One of the features of the research was a classification of companies into technology leaders or non-leaders based on several factors. For example, the traits included an innovation culture, adoption of automation, and a modern core IT infrastructure. Companies that scored in the top quartile were classified as leaders.
Unsurprisingly, companies that are leaders scored higher adoption rates across most technologies. However, the gap was smaller for some technologies. For example, 85% of leaders prioritized investments in cloud platforms, only 1% ahead of non-leaders. In contrast, 44% of leaders are making moderate to large generative AI investments, double the rate of non-leaders.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
