Remove Cost-Benefit Remove Digital Transformation Remove Document Remove Unstructured Data
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3 key digital transformation priorities for 2024

CIO Business Intelligence

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control. Luckily, many are expanding budgets to do so. “94%

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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 data analyst FTEs.

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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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Future-Proofing Your Business with Hyperautomation

CIO Business Intelligence

Hyperautomation is a key enabler of digital transformation, often touted as being necessary for an organisation’s survival, but often hampered by economic pressures and talent shortages. These tools bring benefits beyond automation. Managing change and communicating the benefits effectively will be crucial.

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Do You Know Where All Your Data Is?

Cloudera

In spite of diligent digital transformation efforts, most financial services institutions still support a loose patchwork of siloed systems and repositories. The top-line benefits of a hybrid data platform include: Cost efficiency. This minimizes upfront disruption while reducing maintenance costs over time.

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Should you build or buy generative AI?

CIO Business Intelligence

Panasonic’s B2B Connect unit used the Azure OpenAI Service to build its ConnectAI assistant for internal use by its legal and accounting teams, as well as HR and IT, and the reasoning was similar, says Hiroki Mukaino, senior manager for IT & digital strategy. “We Some are general, others more targeted.

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Intelligent Operations: The engine behind Digital Transformation

bridgei2i

Intelligent Operations: The engine behind Digital Transformation. There are documents including images, emails etc. Yet, claims need to be settled, now more than ever and the cost of a single mistake is high, both the customer and the insurer. This moment of truth is now getting shifted irremovably.