Banking is a leader in AI implementation: Usetech expert commentary

Banking is a leader in AI implementation: Usetech expert commentary

Published: 27 March, 2024, 09:12

Solutions created by banks can be used where there are not enough funds to implement similar projects, believes Ilya Smirnov, Head of Artificial Intelligence and Machine Learning at Usetech. The fact is that many business processes in different industries are similar.

For example, the technology used to monitor the condition of power lines in an energy company can be adapted to analyze photos from the archive to identify those that need restoration, or to analyze pellets on a conveyor belt. In both cases, the same ML model is used.

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