The third article in our Data Economy series examines what it takes to unlock the opportunities with AI. Based on some of the key findings of our own research ‘Predicting the Data and AI Revolution’ and exclusive insights provided by leaders in the data economy, this piece explores how organizations are currently using AI.

From the beginning, Kroo’s architecture was designed with future scalability in mind, using PostgreSQL as its database and Apache Kafka as the mechanism for message distribution. By embracing an asynchronous infrastructure, Kroo can also independently scale different parts of its system, improving efficiency and responsiveness. After securing its full UK banking license in 2022, Kroo launched its current account. In the next 12 months alone, it secured an impressive 150,000 customers.

This is the second piece in our Data Economy series. While the first, available here, looked at the data economy as a whole and why it is important, this piece looks more specifically at the environment around the data economy. This includes both the environment needed for it to thrive and the ecosystem of companies and businesses that are being created in order to evolve it.