Study: Over 75% of Service Providers Believe Investment in Data Modernization Crucial to Realizing Generative AI's Full Potential
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Amdocs released a study showing that over 75% of service providers see data modernization as crucial for generative AI, but only 19% have fully implemented necessary processes. The study emphasizes the need for robust data modernization to leverage AI's potential.
February 21, 2025 | 1:15 pm
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Amdocs' study highlights the importance of data modernization for AI, potentially increasing demand for its services. However, only 19% of providers have fully implemented necessary processes, indicating a market opportunity.
The study sponsored by Amdocs underscores a significant market need for data modernization, which is crucial for AI. This could lead to increased demand for Amdocs' services, positively impacting their revenue and stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80