Some organizations may feel that acquiring AI capabilities is a race, and if a company starts late, it can never catch up. That notion is belied by Scotiabank (officially the Bank of Nova Scotia), which has pursued a results-oriented approach to artificial intelligence over the past two years. While some of its resources are devoted to exploring how new technologies — including blockchain and quantum computing — might drive fresh business models and products, the great majority of its data and AI work is focused on improving operations today rather than incubating for the future. As a result, Scotiabank — one of the Big Five banks based in Canada — has caught up to competitors in some crucial areas. It has done so by more closely integrating its data and analytics work; taking a pragmatic approach to AI; and focusing on reusable data sets, which help with both speed and return on investment.
Veranese Promoted to CEO of AMI
With the continued growth and evolution of Advanced Manufacturing International, Inc. (AMI), the