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The process of utilizing advanced AI technologies, such as generative AI and large language models, significantly enhances classification accuracy across various languages. To take leverage of these technologies, in September 2023, Temenos launched a secure Generative AI solution in banking, enabling banks to automatically classify customers' transactions. This solution provides personalized insights, enhances customer loyalty, and improves digital banking experiences. The solution uses Generative AI and large language models to understand various modalities, allowing banks to classify and label transactions with high accuracy in different languages.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Explainable AI Market Report Segment
By Component
- Solutions
- Services
By Deployment Mode
- Cloud
- On-Premises
By Methods
- Model-Agnostic Methods
- Model-Specific Methods
By End-User
- Healthcare
- BFSI
- Aerospace & Defense
- Retail and E-commerce
- Public Sector & Utilities
- IT & Telecommunication
- Automotive
- Others (Government and Defense, and Telecommunications)
Global Explainable AI Market Report Segment by Region
North America
- United States
- copyright
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global explainable AI market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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