Verticals – examination into four areas (FinTech, healthcare, consumer goods, and cybersecurity)
We discussed general domains in understanding how AI is to be oriented in your chosen domain in the previous section. In this section, we will be looking at four specific verticals – that is, fintech, healthcare, consumer goods, and cybersecurity – that have seen increased AI adoption in order to best demonstrate trends within major areas of AI development through these examples. Getting an understanding of how and why AI was adopted in these verticals can give us promising examples of how AI can be applied in other domains as well. Let’s explore the adoption of AI in these four verticals.
FinTech
Perhaps the swiftest and most substantial AI transformation has been in the fintech space, and it’s not surprising to see why. AI applied toward specific use cases can bring about significant revenues saved or generated when done right. According to a recent...