AIFinance

Corporate Treasuries Accelerating AI Integration Despite Data Hurdles, Citi Study Reveals

Corporate treasury departments are increasingly embracing generative AI despite significant data quality challenges, according to a new Citi report. The study reveals nearly 60% of treasurers have identified practical AI applications, with 40% planning investment increases within two years. However, fragmented data remains the primary barrier to effective implementation.

AI Momentum Builds in Corporate Treasury Functions

Corporate treasury departments worldwide are accelerating their adoption of artificial intelligence technologies, particularly generative AI, according to recent analysis from Citi. The banking giant’s global survey of 75 corporate treasuries across multiple industries and regions indicates a clear directional shift toward AI integration despite ongoing implementation challenges.

ManufacturingTechnology

Manufacturers Turn to External IT Partnerships to Overcome Digital Transformation Hurdles

Mid-market manufacturers are increasingly relying on external IT partnerships to navigate digital transformation challenges. With ransomware attacks intensifying and AI projects faltering, companies are finding strategic advantages through specialized technology partnerships that bridge critical resource gaps.

Manufacturing’s Digital Transformation Dilemma

Mid-market manufacturers are navigating a complex technological landscape where digital transformation has become essential for survival, yet internal resources often fall short of meeting escalating demands. According to reports, companies are increasingly turning to external information technology expertise to bridge critical gaps in their modernization efforts. This strategic shift comes as manufacturers face what analysts suggest is a perfect storm of challenges: tightening budgets, scarce technical talent, and increasingly sophisticated cyber threats.