Digital transformation has fundamentally changed the way banks interact with their customers, and artificial intelligence is at the heart of this development. It enables banks to achieve a whole new level of personalized customer care and tailor their services to the individual needs of their customers. Through the use of advanced AI technologies, financial institutions can...Read More

The banking world is in the midst of a digital transformation, and the use of artificial intelligence (AI) is a key factor in future customer delight. While acquiring new customers is significantly more expensive than maintaining existing customer relationships, advanced AI technologies offer innovative ways to optimize customer service and segmentation. Traditional banking products are becoming increasingly interchangeable and the...Read More

Digitalization is fundamentally changing banking. The challenges you have to face are complex and multi-layered: customer expectations are constantly rising, while at the same time cost pressure is increasing and new competitors are entering the market. In this dynamic environment, you as a decision-maker have to make far-reaching strategic decisions to ensure the long-term success of your institution. A digital...Read More

The digital transformation in the banking sector is progressing inexorably, and Vertex AI from Google Cloud (GCP) is increasingly establishing itself as a key technology for forward-looking financial institutions. In this comprehensive guide, we look at how major banks can successfully implement Vertex AI and which factors are particularly important. The basics of a successful Vertex AI transformation The implementation of Vertex AI...Read More

Digital transformation and the use of artificial intelligence are increasingly shaping the business world of the 21st century. In the midst of this technological revolution, Google Cloud Platform (GCP) has created Vertex AI, a groundbreaking platform that redefines the entire process of AI development and implementation. In this in-depth article, we look at the many aspects of Vertex AI and show you how it...Read More

Exasol AI Lab: The game changer for AI development in the banking sector The development and implementation of AI models poses major challenges for banks and financial institutions. With the newly launched Exasol AI Lab, Espresso AI presents a groundbreaking solution that has the potential to fundamentally change the way banks develop and deploy AI. In this article...Read More

The digital transformation presents banks and financial institutions with unprecedented challenges when it comes to processing and analyzing their data. With the exponential growth of data volumes, financial institutions need more powerful solutions that go beyond traditional database systems. In this context, Exasol is positioning itself as a pioneering technology that not only acts as a high-performance analytical database, but also as a true accelerator...Read More

Banking analytics: the essential strategy for modern financial institutions Digital transformation is no longer a vision of the future for the financial services sector - it's a reality. Even before the COVID-19 pandemic, banks, savings banks and other financial institutions were implementing innovative digital solutions to overcome ongoing challenges and develop a customer-centric approach to banking. This transformation has...Read More

A digital twin of a company (DTO) is a virtual representation of a company that reflects its structure, processes and assets in a digital environment. Similar to a digital twin of a physical object, a DTO provides a real-time, data-driven image of a company. It captures a company's digital footprint by integrating various data sources, such as enterprise systems, IoT devices,...Read More

6 building blocks of the digital twin that companies need - and how AI fits in Digital twins, which are increasingly being used in companies of all kinds, are on the verge of a technological transformation. These digital representations of physical facilities or objects, which allow users to simulate results and try out new ideas, have been particularly prominent in the manufacturing sector...Read More