Search History
Clear History
{{item.search_key}}
Hot Searches
Change
{{item.name}}
{{item.english_name}}
Subscribe eNews
Once A Week Once Every Two Weeks
{{sum}}
Login Register

Applications

Aduro Clean Technologies studies on recycling hard-to-recycle crosslinked polymer

Yanfeng and Trinseo collaborate to develop circular automotive interior materials

LEONHARD KURZ’s Automotive Rear End Cover concept wins Innovation Award

Products

MOL inaugurates EUR 1.3 billion polyol complex in Hungary

Lubrizol launches new bio-based TPU for hot melts and extrusion

Milliken’s calling card: PP as high performance replacement for PS

Activities

  • Round Table at Fakuma 2023: “Plastic – Recyclable Rather Than Problem Material!”

  • ArabPlast 2023 – The Success Journey Continues………..

  • GREAT NEWS! INAPA 2023 IS COMING BACK 24 - 26 May 2023 at JIExpo Jakarta, Indonesia

Pictorial

Industry And Market

ASEAN: The Next Manufacturing Hub

Innovative and Sustainable Packaging

Recycling and Circular Economy

Exhibition And Conference

CHINA FOCUS

K 2022 FOCUS

CHINAPLAS

CHINAPLAS 2024 Focus

CHINAPLAS 2023 Focus

News Videos

TechHub@CPRJ: CHOVYTING Machinery at CHINAPLAS 2024

United Caps: Sustainable and innovative design of bottle caps

(Interview) Global Impact Coalition – Charlie Tan, CEO

Conference Videos

【Mandarin session:Webinar playback】Asahi Kasei: How to solve the black spots in plastic molding

【Mandarin session:Webinar playback】The Digital Challenge. SACMI at CHINAPLAS 2024 See your future manufacturing today

【Mandarin session:Webinar playback】Innovative solutions from WINTEC and Piovan in the new market situation

Product Videos

Demonstration video of dual color injection molding machine, US270

Demonstration video of ZJ series double template injection molding machine

Baofeng Energy is a leading enterprise in the coal-based new materials industry chain

Exhibition

Playback TECHHUB@CPRJ Live Streaming for CHINAPLAS

Events

Playback 5th Edition CHINAPLAS x CPRJ Plastics Recycling and Circular Economy Conference and Showcase

Home > News > Focus

61% of board directors focus on developing AI: study

Source:Adsale Plastics Network Date :2024-01-26 Editor :RC
Copyright: This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

Ocorian, a market leader in regulation and compliance services for funds, corporates, capital markets and private clients, conducted an international study on the view of artificial intelligence (AI) with leading firms.

 

The global study included 301 senior executives, including 51 board directors, of leading firms with annual turnover of more than US$250 million and based in the UK, continental Europe, Asia, the Middle East and North America.


Ocorian_AI_480.JPG

Ocorian conducted a global study with leading firms on their view of AI. (Source: Ocorian)

 

Results show intensified focus on AI

 

On the development of AI for the respondents’ respective sector, the study results found that 61% of board directors are very focused on this aspect while 33% are quite focused. Only 6% are not focused or do not have a view.

 

A majority of respondents (94%) say AI will be important to the success of their company over the next five years, including 53% who believe AI will be very important to how their fund performs.

 

These can be partly explained by the success of projects that firms have run with AI. 41% of firms have seen strong results from tests, and the same number say the results have been quite strong.

 

Only 14% say projects have delivered average results while the remaining 4% do not express a view or said they had not at least tested AI.

 

The study also found that “compliance and regulation” is regarded as the area most likely to provide a role for the use of AI, with “identifying and reviewing investments” ranks as the second.

 

“Administration, client servicing and recruitment” is also seen as important for the use of AI. Relatively low number of respondents rank “sales and marketing” as area where AI can play a major role.

 

For budget, 86% of board directors respond their budgets for AI will increase over the next two years, with 37% predicting a dramatic increase in budgets.

 

Conclusion and prediction

 

Alternative fund managers are shifting from an experimentation period after achieving success with pilots to larger scale adoption for real use, including cases across investment operations, compliance and managing risks.

 

“It is clear that generative AI has transformative potential for productivity, ways of working and economy as a whole. Given the continued investment into AI globally, we can expect more AI products to hit the market,” concluded Yegor Lanovenko, Co-Head of Fund Services.


 Like 丨  {{details_info.likes_count}}
AI

The content you're trying to view is for members only. If you are currently a member, Please login to access this content.   Login

Leave Comment

Submit

All Comments

No Comment

{{VueShowUserOrCompany(itme.user)}}

{{ toolTimes(itme.updated_at,'s') }}

{{itme.body}}

Reply   
Submit
{{VueShowUserOrCompany(itmes.user)}} {{ toolTimes(itmes.updated_at,'s') }} Reply

{{itmes.body}}

Submit

Recommended Articles

Focus
Survey: What are the outlook and trends of Chinese plastics industry going global?
 2024-04-24
Focus
The wheels of sustainability in plastics has started turning
 2024-04-23
  victor 管理员
Focus
(Chemicals and Materials) Major plastics production hubs in China you should know
 2024-04-11
Focus
(Plastics Machinery) Major manufacture centers in China
 2024-04-11
Focus
(Guide) How to effectively source Chinese plastics machinery and plastic materials?
 2024-04-11
Focus
CPRJ Survey: Majority of respondents remain conservative on overseas expansion in 2024
 2024-03-01
    1   

You May Also Like

{{[item['category']['name'],item['category']['english_name']][lang]}}
{{VueShowUserOrCompany(item.author)}} {{VueShowDisplayName(item.author)}}
Sponsored
{{item.title}} {{item['summary']}}
{{itags.name}}
{{item.updated_at}}
 {{item.likes_count}}       {{item.comments_count}}

You May Be Interested In

Change

  • People
  • Company
loading... No Content
{{[item.truename,item.truename_english][lang]}} {{[item.company_name,item.company_name_english][lang]}} {{[item.job_name,item.name_english][lang]}}
{{[item.company_name,item.company_name_english][lang]}} Company Name    {{[item.display_name,item.display_name_english][lang]}}  

Polyurethane Investment Medical Carbon neutral Reduce cost and increase efficiency CHINAPLAS Financial reports rPET INEOS Styrolution Evonik Borouge Polystyrene (PS) mono-material Sustainability Circular economy BASF SABIC Multi-component injection molding machine All-electric injection molding machine Thermoforming machine
Top
Feedback
Chat
News
Market News
Applications
Products
Video
In Pictures
Specials
Activities
eBook
Front Line
Plastics Applications
Chemicals and Raw Material
Processing Technologies
Products
Injection
Extrusion
Auxiliary
Blow Molding
Mold
Hot Runner
Screw
Applications
Packaging
Automotive
Medical
Recycling
E&E
LED
Construction
Others
Events
Conference
Webinar
CHINAPLAS
CPS+
Official Publications
CPS eNews
Media Kit
Social Media
Facebook
Youtube