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The Future of Data Migration Fueled by Generative AI - Onix

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 As enterprises accelerate their move from legacy systems to the cloud, data migration is no longer a technical afterthought—it’s a strategic business imperative. And now, with the rise of Generative AI , the global data migration market is expected to skyrocket to $11 billion by 2025 . While 2022 marked the rise of Generative AI in public awareness, 2024 is the year it moves beyond the hype , solving real-world business challenges— starting with the complexity of data migration . In this blog, we explore how GenAI is transforming every stage of the data migration journey. Why Traditional Data Migration Falls Short A staggering 80% of data migration projects fail to meet their goals , often exceeding budgets or deadlines. The process is intricate—dealing with inconsistent metadata, incomplete datasets, regulatory challenges, and poor data quality. This is where Generative AI-powered tools come in, offering game-changing solutions for streamlining, securing, and scaling the d...

Transforming Finance with Generative AI: Onix Solutions for the Financial Sector

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  Generative AI solutions is revolutionizing the financial services industry, empowering institutions to enhance customer experiences, optimize operations, and gain a competitive edge. Leading financial institutions are leveraging the power of GenAI to transform various aspects of their businesses, from customer service to risk management. Onix plays a crucial role in helping these institutions harness the potential of GenAI. As a leading provider of cloud managed services and AI/ML solutions, Onix assists financial institutions in: Developing and deploying AI-powered solutions: Onix helps develop and deploy custom AI models for tasks such as fraud detection, customer churn prediction, and personalized financial advice. Modernizing data infrastructure: Onix assists in cloud migration and modernization initiatives, enabling seamless data flow and integration for AI/ML workloads. Optimizing AI model performance: Onix leverages its expertise to optimize AI model performance, ensuri...