€243B Tech Spend Ahead, but Only 1 in 4 Firms Achieves Scale: WBAM Research Reveals Structural Paradox
AI SummaryAI-generated — verify against the source.New research from WBAM highlights a structural paradox where firms are investing heavily in technology (€243B) but struggling to scale AI and digital initiatives effectively, with only 1 in 4 firms achieving success. For financial advisors, this underscores the difficulty of moving beyond pilot programs to actual operational efficiency and suggests that simply spending on tech is not a substitute for a cohesive AI integration strategy.
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