For the 3rd consecutive year, Advention sponsored the New York Private Equity Forum put on by the Markets Group. This year’s event highlighted the impact of AI on accelerating operational improvements in PortCos through direct automation and predictive analytics, increasingly data driven decision making, and simplification of back-office functions in Finance, HR and marketing leading to lower costs. The outlook for 2024 is positive with increased deal-flow compared to 2023 and a focus on power infrastructure (supported by US government incentives) that will enable data centers focused on AI and machine learning.
