Data Snapshot

Most Financial Service Firms Utilize AI In Software Testing, But Not Effectively

November 16th, 2022
Indranil Bandyopadhyay, Principal Analyst
Indranil Bandyopadhyay Principal Analyst
With contributors:
Oliwia Berdak , Carine Lam , Demi Starks

The pandemic has accelerated the financial industry’s digital transformation. As a result, software must be delivered more frequently and at higher quality. Forrester’s Developer Survey, 2022, shows that 80% of developers working in the financial services industry claim that their firms use AI techniques in software testing. However, they don’t apply AI techniques effectively. Modern fast, agile software delivery can only succeed if software quality considerations are integrated into the software delivery lifecycle. Software testing tools with embedded AI capabilities accelerate software testing while increasing the depth and breadth of test cases, resulting in higher software quality.

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