Why BFSI enterprise need GPU-as-a service for critical workloads
What Is a GPU-as-a-Service Platform? GPU-as-a-Service (GaaS) is a cloud infrastructure offering on-demand access to high-powered Graphics Processing Units (GPUs) without the need for the enterprise to acquire or maintain high-cost hardware. Within the Banking, Financial Services, and Insurance (BFSI) industry, where there is demand for real-time analysis, fraud prevention, and AI-driven decision-making, GaaS allows institutions to leverage high-powered computation on demand and cost-effectively. Instead of using expensive GPU clusters and hosting them internally, BFSI institutions are taking advantage of a secure, scalable, and pay-per-use solution to speed up workloads including risk modelling, algorithmic trading, and customer service. ( source ). Adoption of AI in banking and finance is one of the biggest movers in the global GPUaaS market, which is expected to reach $26.62 billion by 2030. ( source ) What Are the Critical Workloads in BFSI That Require GPU Accel...