Rewired, 2nd Edition
by Eric Lamarre, Kate Smaje, Robert Levin, Alex Singla, Alexander Sukharevsky
CHAPTER 39DBS Bank: A multinational bank goes all in on AI
Industrializing AI to radically speed up the time to value
In 2018, the top team at DBS, the Singapore-based bank, came together to discuss a key priority as part of an annual leadership workshop. The focus wasn’t on strategy or AI or business models (at least, not directly). No, the most senior people in the bank had come together to talk about data transformation.
Many companies appreciate the importance of data, but few make it a top leadership priority like DBS did (and continues to do). That’s because DBS realized the critical role of data in enabling its aspirations to be the best bank in the world.
That lesson had come through clearly in the first phase of DBS’s transformation journey when it focused on becoming digital to the core (see sidebar, “DBS’s first phase”).
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access