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But to face a potential for producing a dent in the market for finance automation tech, Concourse will have to display its products’s ROI — a difficult feat. For every Gartner, exhibiting or estimating the value of AI is really a top barrier to adopting it for near 50 percent of companies.
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Concourse will even have to assuage prospective buyers’ fears of AI-released problems and hallucinations. Inside a poll of U.K.-based executives by HR expert Peninsula, 40% reported inaccuracies from AI tools ended up a important problem, followed by worries around knowledge confidentiality.