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CIOs weigh where to place AI bets — and how to de-risk them

CIO Business Intelligence

There are a lot of risks and a lot of land mines to navigate,” says the analyst. Coming to grips with risk The first step in making any bet — or investment — is to understand your ability to withstand risk. The opportunity is too big. According to IDC , core IT spending for AI will grow from $235.6 billion in 2024 to $521.0

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The risks and limitations of AI in insurance

IBM Big Data Hub

In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. Technological risk—data confidentiality The chief technological risk is the matter of data confidentiality.

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Optimizing Risk and Exposure Management – Roundtable Highlights

Cloudera

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Now, risk management has become exponentially complicated in multiple dimensions. .

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Automating Model Risk Compliance: Model Validation

DataRobot Blog

To start with, SR 11-7 lays out the criticality of model validation in an effective model risk management practice: Model validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses.

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How digital turned Nationale-Nederlanden into an omnichannel company

CIO Business Intelligence

So as a fundamental part of its goal to be data-driven, for example, the company is in the midst of implementing a platform that can host all analytical capabilities. Migration to the cloud is another transversal project with great impact, both in operations and business.

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ServiceNow boasts industry-first gen AI general availability with Vancouver release of Now

CIO Business Intelligence

Now Assist for IT Service Management, Customer Service Management, and HR Service Delivery add new text creation and summarization features and an interactive chatbot interface to help workers get to relevant information more quickly. Other pieces include staffing, skills training, partner involvement, legal exposure, and risk mitigation.”

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Exploring crucial terminal emulation capabilities

CIO Business Intelligence

As organizations rely on terminal emulation to access and interact with legacy systems, the capabilities offered by terminal emulation solutions become crucial factors in the selection process. Terminal emulation users have specific requirements to ensure a seamless and efficient user experience.