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94% of FIs expect higher data spend in 2025

AI, cloud contribute to higher data budgets

Vaidik TrivedibyVaidik Trivedi
December 16, 2024
in Banking
Reading Time: 3 mins read
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Financial institutions are bracing for higher data budgets in 2025 primarily driven by cloud infrastructure and AI technology.  Nearly 94% of FIs are expecting increased data management budgets, according to London-based data service provider Gresham Technologies’ Dec. 9 report, “Financial firms’ digital wake-up call.” Gresham surveyed 200 senior data professionals working in financial services across […]

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