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Expion Health revamps its RFP process with AI

CIO Business Intelligence

For Expion Health, a cumbersome manual process to determine what rates to quote to potential new customers had become a cap on the healthcare cost management firm’s ability to grow its business. Expion hasn’t yet calculated the potential new business created, but the tool will save the company the cost of about 1.5

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8 data strategy mistakes to avoid

CIO Business Intelligence

“Similar to disaster recovery, business continuity, and information security, data strategy needs to be well thought out and defined to inform the rest, while providing a foundation from which to build a strong business.” Overlooking these data resources is a big mistake. It will not be something they can ignore.

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Generative AI will profoundly change healthcare operations

CIO Business Intelligence

According to a recent analysis by EXL, a leading data analytics and digital solutions company, healthcare organizations that embrace generative AI will dramatically lower administration costs, significantly reduce provider abrasion, and improve member satisfaction. The timing could not be better.

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AI and generative AI are revolutionizing manufacturing…here’s how

CIO Business Intelligence

AI can help with all of these challenges via manufacturing-specific use cases that benefit manufacturers, their employees, and their customers. Process optimization In manufacturing, process optimization that maximizes quality, efficiency, and cost-savings is an ever-present goal. Artificial Intelligence Here’s how.

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By enabling “ask and expert” capabilities, generative AI like Microsoft Copilot will transform manufacturing

CIO Business Intelligence

The ask-an-expert tool enables manufacturers to increase productivity, drive down costs, and improve employees’ work-life balance. In one case involving air bags, 60 to 70 million vehicles were recalled worldwide , across at least 19 manufacturers, costing close to €25bn. This can be a major challenge.

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3 key digital transformation priorities for 2024

CIO Business Intelligence

After all, every department is pressured to drive efficiencies and is clamoring for automation, data capabilities, and improvements in employee experiences, some of which could be addressed with generative AI. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control.

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Generative AI’s potential as a force multiplier in defense

CIO Business Intelligence

First, there is the need to properly handle the critical data that fuels defense decisions and enables data-driven generative AI. Organizations need novel storage capabilities to handle the massive, real-time, unstructured data required to build, train and use generative AI.