FINEXTRA AND CLOUDERA REPORT REVEALS HYBRID AI IS THE NEW STANDARD IN FINANCIAL SERVICES, WITH 91% CITING IT AS HIGHLY VALUABLE

SANTA CLARA, Calif., Nov 11 (Bernama) -- Cloudera, the only company bringing AI to data anywhere, today announced a new global report. The report, created in partnership with Finextra Research, is based on a survey of 155 executives and leaders across the globe. Findings reveal that hybrid AI deployment has become an essential strategy in the financial services industry, with an overwhelming 91% of organizations rating a hybrid approach as highly valuable. Additionally, while AI adoption is widespread, the study confirms that significant data and security barriers prevent firms from achieving full, enterprise-wide integration.

The survey shows 62% of financial services organizations are now using a hybrid AI approach that includes public cloud, data centers, and edge environments to deploy AI wherever data resides. This model is considered critical for managing legacy systems, scaling efficiently, and handling the resource-intensive tasks of training and deploying AI models. The widespread adoption proves that a flexible, data-anywhere infrastructure is no longer an option, but a core requirement for competitive advantage.