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How TCS is helping to fight financial crime with AI and Microsoft Cloud

CIO Business Intelligence

As consumers embrace ecommerce, digital banking, and online payment applications, the risk of fraud and other financial crimes has increased dramatically. billion, a 436% increase over 2017 levels, according to McKinsey. The stakes for financial organizations are growing as well. In 2021, U.S. fraud losses amounted to $5.9

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When natural disasters strike Japan, ?ita University’s EDiSON is ready to act

CIO Business Intelligence

In 2017, the university created its Education and Research Center for Disaster Risk Reduction and Redesign that focuses on disaster relief – including disaster medicine, prevention education, and reconstruction design. So far, the solution has increased details about disaster-response risk by 40% over traditional methods.

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Private cloud makes its comeback, thanks to AI

CIO Business Intelligence

Such private cloud solutions eliminate the risks of multitenancy data leakage, for example, a key CIO concern with AI. Voya Financial, which opted for a public-private mix when launching its digital transformation in 2018, is one organization taking a measured approach to workload placement. We have no choice. “We

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5 things to know: IBM Cloud’s mission to accelerate innovation for clients

IBM Big Data Hub

We are bringing the power of foundation models with the availability of a GPU as a service on IBM Cloud offering to help organizations tap into artificial intelligence (AI) in a secured environment while aiming to mitigate third- and fourth-party risk.

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National Grid’s energy transformation is fueled by IT

CIO Business Intelligence

That’s what some people asked of Adriana “Andi” Karaboutis, the former CIO of Dell who left the computer giant and was named National Grid’s global chief information and digital officer in 2017. All of that together is how we’re measuring the value of going to the cloud.”. Digital Transformation, Energy Industry

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Digital listening reveals 3 leading innovation drivers

CIO Business Intelligence

higher [in 2022] than in 2017.” The inherent capabilities of AI–to process vast amounts of data and use learned intelligence to make decisions with extraordinary speed–enable opportunities uncovered through digital listening. Information governance enables enterprises to achieve strategic goals, mitigate risk, and reduce costs.

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12 famous ERP disasters, dustups and disappointments

CIO Business Intelligence

However, the measure of success has been historically at odds with the number of projects said to be overrunning or underperforming, as Panorama has noted that organizations have lowered their standards of success. While we weren’t naïve to the risk of disruption to the business, the extent and magnitude was greater than we anticipated.”