The Artificial Intelligence &Cognitive Systems and Artificial in BFSI will witness a CAGR of 45.9% during the forecast period 2016-2022. <\/p>\n
The increasing usage of cloud-based solutions in the BFSI industry, rising demand for the data-driven solutions, increasing internet banking penetration, and scope of deriving market risk are fostering the market growth. The market is segmented into technologies, deployment types, verticals and regions. <\/p>\n
Globally, BFSI is the second most customer data-centric industry, where players have a bundle of new business opportunities from Cognitive Systems and Artificial Intelligence (AI). It is an evolving data driven technology that works on on-premises and cloud-based software. The system replaces the human thought process with a simulated digital model that includes a self-learning system, which derives patterns by using data mining, speech recognition, and language processing techniques. The cognitive systems require AI platform to derive the complicated business issues.<\/p>\n
Globally, the growing demand for digital technology and changing customer demands have led the BFSI players to adopt cognitive systems and AI implementation in their operations to deal with ever-changing regulatory & compliance laws to face the market risk and understand both income tax & corporate tax laws in an efficient way. It is also showing a strong presence in analyzing consumer behavior patterns to bring new offerings and is finding new distribution channels for the financial institutions. <\/p>\n
Companies Mentioned<\/p>\n
Key Topics Covered: <\/p>\n
1 Industry Outlook <\/p>\n
2 Report Outline <\/p>\n
3 Market Snapshot <\/p>\n
4 Market Outlook <\/p>\n
5 Market Characteristics <\/p>\n
6 Deployment Type: Market Size & Analysis <\/p>\n
7 Technologies: Market Size & Analysis <\/p>\n
8 Verticals: Market Size & Analysis <\/p>\n
9 Regions: Market Size & Analysis <\/p>\n
10 Vendor Profiles <\/p>\n
11 Companies to Watch for<\/p>\n
For more information about this report visit https:\/\/www.researchandmarkets.com\/research\/5nkrdm\/cognitive_systems<\/a> <\/p>\n Media Contact: <\/p>\n Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com<\/a> <\/p>\n For E.S.T Office Hours Call +1-917-300-0470 For U.S.\/CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 <\/p>\n U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 <\/p>\n To view the original version on PR Newswire, visit:http:\/\/www.prnewswire.com\/news-releases\/research-and-markets---cognitive-systems--artificial-intelligence-in-bfsi-market-to-grow-at-a-cagr-of-459-by-2022---key-players-are-ibm-synechron-micro-strategy-infosys-next-it-corp--rocket-fuel-300479536.html<\/a> <\/p>\n SOURCE Research and Markets <\/p>\n http:\/\/www.researchandmarkets.com<\/a><\/p>\n <\/p>\n View post: <\/p>\n Research and Markets - Cognitive Systems & Artificial Intelligence in BFSI Market to Grow at a CAGR of 45.9% by 2022 ... - PR Newswire (press...<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The Artificial Intelligence &Cognitive Systems and Artificial in BFSI will witness a CAGR of 45.9% during the forecast period 2016-2022. The increasing usage of cloud-based solutions in the BFSI industry, rising demand for the data-driven solutions, increasing internet banking penetration, and scope of deriving market risk are fostering the market growth. The market is segmented into technologies, deployment types, verticals and regions Continue reading