ai sector overviews Articles and Reports

Artificial intelligence “sector overview” reports are designed to help business leaders explore the possibilities and important AI trends across industries. Search our sector overview reports below:

Artificial Intelligence in Corporate Banking - Current Applications

Artificial Intelligence in Corporate Banking – Current Applications

AI software for corporate banks is not too different from those for retail banks, although their data requirements and intentions for the software will differ. AI vendors currently selling to banks typically have clients covering all types of banking, but few specify any of their solutions to be for corporate banking specifically. Instead, they market themselves across the entire industry and give corporate banking details where appropriate.

Artificial Intelligence in the Chinese Military - Current Initiatives

Artificial Intelligence in the Chinese Military – Current Initiatives

The Chinese military, or People's Liberation Army, is focusing heavily on artificial intelligence. However, China's race to develop "smarter," cheaper AI technology for the military is not linear, but instead a many-pronged strategy that involved the central government, domestic companies, and international trade. Gregory Allen of the Center for a New American Security published a report on China's AI strategy, in which he said:
Chinese military leaders increasingly refer to intelligent or “intelligentized” military technology as their confident expectation for the future basis of warfare. Use of the term “intelligentized” is meant to signify a new stage of military technology beyond the current stage based on information technology.
He also reported that “total Chinese national and local government spending on AI to implement these plans is not publicly disclosed, but it is clearly in the tens of billions of dollars.”

Machine Learning in Healthcare Cybersecurity - Current Applications

Machine Learning in Healthcare Cybersecurity – Current Applications

The healthcare industry holds perhaps the most responsibility of any industry when it comes to ensuring data privacy. A breach in electronic medical records (EMRs) could tarnish a healthcare company's reputation, put undue stress on patients, and render the company in violation of regulations.

Artificial Intelligence for Credit Cards - Current Applications

Artificial Intelligence for Credit Card Companies – Current Applications

Credit card companies could make use of AI applications across multiple business areas. AI-based fraud detection is among the most widely discussed AI applications in the financial sector, and it seems to work for credit cards similarly to how it works for banks. Additionally, credit card companies and financial institutions could use AI software to improve customer service and develop customer-targeted marketing campaigns.

Artificial Intelligence in the US Air Force - Current Initatives

Artificial Intelligence in the US Air Force – Current Initiatives

Government contracts are notoriously hard to acquire. It takes many months of painstaking work to get through the gamut of regulations that weigh about 8.5 lb when printed out. Startups and small companies, including those developing artificial intelligence, often do not have the resources to compete for a share of this market. The US Air Force is changing that by streamlining the process in what it calls Pitch Days, the first of which was on March 6 and 7, 2019 in New York.

Artificial Intelligence for Generic Drug Companies - Current Applications

Artificial Intelligence for Generic Drug Companies – Current Applications

Generic pharmaceuticals require less research and development than their brand name counterparts. As a result, AI applications for research and development don’t seem to be the most prominent solutions for generic drug companies. That said, despite the lack of precedence, there may be many areas in which AI could help generic drug companies.