The Great AI Divide: New Survey Finds Financial Services Leaders Struggle With Data Governance And Infrastructure Demands
Hitachi Vantara, Wednesday, March 26th, 2025
Hitachi Vantara report reveals 84% of leaders fear catastrophic data loss as AI strains infrastructure and 41% say AI is already a critical part of their function
The rapid advancement of artificial intelligence (AI) is placing unprecedented demands on traditional data infrastructures forcing businesses in the Banking, Financial Services and Insurance (BFSI) sector to prioritize between security, quality and sustainability, according to a new survey from Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501).
Reflecting input from 231 global IT and business leaders, the State of Data Infrastructure 2024 Report found that while 36% recognize the importance of data quality for AI success, financial leaders' focus remains on data security - leaving gaps in AI performance and long-term ROI.