S&P Global Inc. (SPGI) Turns to AI to Enhance Data Management

S&P Global Inc. (NYSE:SPGI) is one of the best beginner stocks to buy, according to analysts. On September 9, CEO Martina Cheung reiterated that the company’s strategic priorities are on artificial integration and data management.

The company is increasingly integrating artificial intelligence into its operations to enhance products and internal processes. While two-thirds of the company’s employees are already using the S&P Spark Assist Platform, the integration is expected to result in a significant reduction in headcount.

S&P is placing more emphasis on artificial intelligence as its clients, which include financial institutions, begin experimenting with the technology in the hope that it will increase employee productivity and enable cost savings. The company is exploring strategic partnerships with AI companies to make its data accessible to customers who leverage AI tools.

S&P Global Inc. (NYSE:SPGI) is a financial information and analytics company that provides data, insights, and benchmarks across the global capital, commodity, and automotive markets. The company’s key offerings include credit ratings from S&P Global Ratings and data and analytics from S&P Global Market Intelligence.

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Disclosure: None. This article is originally published at Insider Monkey.