IBM Big Data Hub

JUNE 23, 2023

Although interest rates have increased at an unprecedented rate over the past year due to efforts by central banks to curb inflation, insurers are locked into low-yielding investments, and it will take several years for their investment yields to improve. Core modernization (processes and technology) is a top priority for every insurer.

Insurance 59

Insurance Cost-Benefit Digital Transformation Marketing 59

bridgei2i

OCTOBER 7, 2020

Adoption of Automated Sales & Underwriting Strategies can Transform Insurance. The insurance industry—which, in the US alone, stands at $1.2 trillion, is seeing the volume of insurance transactions growing every year. In days ahead, digital transformation will be the saviour and guide of the industry.

Insurance 52

Insurance Sales Strategy Digital Transformation 52

CIO Business Intelligence

DECEMBER 20, 2022

But succeeding in the cloud can be complex, and CIOs have continued to fumble their cloud strategies in 2022 in a variety of ways, industry observers say. These three are still a work in progress,” says McGlennon, adding that every mistake identified and fixed leads to a healthier cloud transformation.

Strategy 116

Strategy Insurance Digital Transformation Consulting 116

bridgei2i

JULY 8, 2020

PODCAST: COVID 19 | Redefining Digital Enterprises. Episode 10: COVID-19 | Evolving Trends of Digital Transformation. COVID-19 | Evolving Trends of Digital Transformation. My name is Vignesh, and I help companies succeed in their AI-enabled digital transformation. Listening time: 12 minutes.

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

CIO Business Intelligence

OCTOBER 18, 2023

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. According to Nationale-Nederlanden deputy general manager and CTO David Vaquero, the company’s digital transformation and evolution is continuous.

Digital Transformation 119

Digital Transformation Insurance Interactive Sales 119

Alation

OCTOBER 4, 2022

The foundation of insurance is data and analytics. Actuaries and their mathematical models enable insurers to calculate risk to determine premiums. Today, the rise of digital insurance companies and the changing risk landscape together drive the industry’s digital transformation. Why is it Important?

Insurance 52

Insurance Data Governance Risk Strategy 52

CIO Business Intelligence

DECEMBER 18, 2023

As businesses speed up their digital transformation, solutions for application and data integration become key for modernizing applications and deploying AI effectively throughout the enterprise, IBM said in a news release announcing the deal. IDC predicts the worldwide integration software market will exceed $18.0 1,” IBM said.

Software 103

Software Digital Transformation Contextual Data Insurance 103

bridgei2i

MAY 4, 2020

Episode 4: COVID-19 | Implications and Impact on Insurance Industry. COVID-19 | Implications and Impact on Insurance Industry. In this episode, Anirban Chaudhury talks about how insurers the world over are grappling with new and unprecedented challenges to balance high financial losses, increasing new premiums, and rising claims.

Insurance 95

Insurance Enterprise Sales Digital Transformation 95

CIO Business Intelligence

NOVEMBER 8, 2023

For companies whose business units have traditionally operated independently, centralizing IT operations under one strategy can reap significant benefits — especially when it comes to offering a holistic customer experience and establishing a unified data foundation for leveraging the latest emerging technologies.

IT 115

IT Insurance Machine Learning Cost-Benefit 115

CIO Business Intelligence

NOVEMBER 16, 2023

In a career spanning such companies as IBM, KeyCorp, M&T Bank, and BMO, she has “answered the call” many times, most recently as CIO of The Hartford, where she is responsible for the overall strategy, vision, and execution of business technology, cyber, data analytics, and data science. We are focused on being agile, not ‘doing Agile.’

Insurance 123

Insurance Enterprise Risk Digital Transformation 123

CIO Business Intelligence

FEBRUARY 21, 2024

The company was in the final stages of refreshing our business strategy; in September 2021, we spun off from Prudential plc to become an independent public company. Our strategy was to accelerate our core competencies to position ourselves and our brand in the market. What is the strategy you eventually developed?

Scorecard 100

Scorecard Insurance Strategy Digital Transformation 100

CIO Business Intelligence

NOVEMBER 13, 2023

The changing landscape of IT, driven by rapid advances in technology and digital transformation, has seen a shift in CIOs’ responsibilities and challenges. Embracing change, fostering innovation, and maintaining a relentless focus on delivering value will serve CIOs well in this new era of digital transformation,’’ Purdy says.

Digital Transformation 136

Digital Transformation Insurance Software Technology 136

CIO Business Intelligence

SEPTEMBER 20, 2023

With 90 years of history, Mapfre is one of the giants of the Spanish insurance sector. And in charge of the group’s technological strategy and digitalization processes is global CIO Vanessa Escrivá. This is a strategy of some complexity, based on three pillars: digitalization, insurance platform as a service, and data.

Modeling 96

Modeling Insurance IT Cost-Benefit 96

CIO Business Intelligence

JUNE 22, 2023

While Silicon Valley still pays top dollar for IT pros, the war for talent has moved beyond the technology industry, with other verticals vying for talented IT workers who have the skills to enable digital transformation, process improvement, change management, and the development of apps and services.

IT 118

IT Insurance Recreation/Entertainment Consulting 118

CIO Business Intelligence

JANUARY 29, 2024

With IT increasingly driving new initiatives in concert with key business partners, there’s opportunity for technology leaders to nurture an organizational identity that keeps everyone razor-focused on digitally transforming the business in pursuit of strategic goals.

IT 125

IT Insurance Digital Transformation Technology 125

CIO Business Intelligence

FEBRUARY 16, 2024

Today, it is not enough just to innovate within one’s own vertical; to truly exploit the power of GenAI to transform workflows and drive competitive advantage, CIOs need to look outside their own organizations to get the scale, domain expertise, and speed required to develop fully integrated solutions.

Strategy 133

Strategy Insurance Digital Transformation Enterprise 133

CIO Business Intelligence

JANUARY 19, 2023

As companies shift their focus from the digital transformation of individual processes to the business outcomes enabled by a digitally transformed organisation, software engineering will become a core enterprise capability. When it comes to container-related technologies, only 30% are using OSS.

Software 125

Software Enterprise Digital Transformation Insurance 125

IBM Big Data Hub

NOVEMBER 20, 2023

In 2023, organizations have faced an unprecedented level of pressure to digitally transform with the rise of generative AI as well as imperatives such as sustainability, labor productivity and security. With the rise of generative AI comes an influx of data.

Digital Transformation 87

Digital Transformation Insurance Enterprise Data-driven 87

CIO Business Intelligence

APRIL 24, 2024

That means using the technology to improve a company’s marketing, sales, customer success, and RevOps: the process of aligning all three operations across the full customer life cycle in a way that drives growth, improves efficiency, and breaks down silos. Revenue leaders embracing AI The interest is there on the business side.

Sales 125

Sales Finance Experimentation Cost-Benefit 125

Rocket-Powered Data Science

FEBRUARY 12, 2021

Consequently, as organizations everywhere are undergoing significant digital transformation, we have been witnessing increases both in the use of RPA in organizations and in the number of RPA products in the market. IA refers to the addition of “intelligence” to the RPA – transforming it into “smart RPA” or even “cognitive RPA”.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

CIO Business Intelligence

JANUARY 11, 2023

As technology projects, budgets, and staffing grew over the past few years, the focus was on speed to market to maximize opportunity, says Troy Gibson, CIO services leader at business and IT advisory firm Centric Consulting. At Schneider Electric, we’re focused on transforming our sales tracking processes as well as HR,” Hackenson says.

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Enterprise 145

CIO Business Intelligence

OCTOBER 30, 2023

“I really do think about the two roles differently,” says Wiedenbeck, senior vice president and chief technology and transformation officer (CTTO) for the financial services and insurance company. “I I don’t think of it as an extension of the CIO job, but rather as a separate role to ensure we achieve transformation.

Digital Transformation 140

Digital Transformation Strategy Technology Enterprise 140

CIO Business Intelligence

AUGUST 19, 2022

The traditional in-person process of insurance agents meeting with prospective customers to discuss policies, sign paperwork, and load it into the company’s client/server system came to a complete halt. Because we are an insurance company, what we are is a promise on a piece of paper,” says then-CIO Richard Gilbert. “We

Insurance 96

Insurance Digital Transformation Data Processing Machine Learning 96

CIO Business Intelligence

JANUARY 31, 2023

The organization typically has tons of initiatives taking place, so to operationalize them can be difficult, especially as people are so busy,” says Anjali Subburaj, DCX architect with digital retailer The Very Group. “The The transition from monolith to microservices needs a high level of good governance.”

Enterprise 130

Enterprise Digital Transformation Risk Technology 130

CIO Business Intelligence

FEBRUARY 13, 2023

At the same time, they are defunding technologies that no longer contribute to business strategy or growth. Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group. This should secure our business strategy for the next five years and longer.”

IT 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

MARCH 22, 2022

With more and more companies undertaking the journey of digital transformation, the role of the CIO has become critical. He has assisted the top management in planning IT strategies and leveraging technologies for rationalizing manpower, enhancing organizational productivity, and improving the efficiency of operations.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

CIO Business Intelligence

DECEMBER 4, 2023

CIOs today find themselves in a unique position to survey everything taking place across their organization, find opportunities, resolve conflicts, set priorities, and help shape strategy. How can a CIO use that unique vantage point to help mold strategy for their organization? Start with some of these steps.

Digital Transformation 123

Digital Transformation Strategy Technology Marketing 123

CIO Business Intelligence

SEPTEMBER 11, 2023

When it comes to fostering digital literacy in the C-suite, Michael Seals literally wrote the book. In tandem with his job as chief digital officer and senior vice president of strategy at Hussman, Seals got a Ph.D. in business administration and wrote his dissertation on digital acuity and intelligence in “incumbent companies.”

Digital Transformation 134

Digital Transformation ROI Strategy Technology 134

CIO Business Intelligence

NOVEMBER 8, 2023

Danielle Phaneuf, partner, Cloud & Digital Strategy at PwC, says that inflation will probably be the leading threat to business for at least the next six months — an assertion 40% of CEOs agreed with in PwC’s 2023 CEO Survey. But it’s a long-game strategy: That cycle can take 10 years to play out, he says. Here’s how.

IT 127

IT Cost-Benefit Digital Transformation Software 127

CIO Business Intelligence

MARCH 31, 2022

While the chief data officer title is often shortened to CDO, the role should not be confused with that of the chief digital officer , which is also frequently referred to as CDO. To date, many of those appointments have been concentrated in the insurance, banking, media and entertainment, retail, and IT/technology verticals.

Consulting 132

Consulting Strategy Data Strategy Data Governance 132

CIO Business Intelligence

APRIL 22, 2024

He has divided his 170 workers into two groups, with 60% of them focused 100% on digital transformation and the remainder focused on operational IT. Additionally, he launched Marcum Technology, which brings some of the tech products that his IT department creates for Marcum to the market.

IT 105

IT Data-driven Strategy Consulting 105

CIO Business Intelligence

DECEMBER 5, 2023

The Digital Future in Europe The future of European organisations and industries is looking increasingly digital and cloud-centric. According to Foundry’s Digital Business Study 2023 , 91% of EMEA organisations have adopted or plan to adopt a digital-first business strategy. Cloud Computing

Manufacturing 91

Manufacturing Sales Strategy Insurance 91

IBM Big Data Hub

MARCH 20, 2024

To do this, it’s crucial that enterprises place an emphasis on operational resilience with the aim of maintaining stability, preserving market integrity and protecting confidential data for themselves and their customers. At IBM, we are committed to helping clients on this journey.

Risk Management 76

Risk Management Risk Enterprise Business Services 76

CIO Business Intelligence

APRIL 20, 2023

Food and water insecurity will increase, and energy systems, housing stock, insurance, and currency markets will all become more volatile—a worrying set of scenarios for business leaders and boards. Software platforms will also play an essential role in an organization’s ESG maturity journey.

Consulting 93

Consulting Insurance Cost-Benefit Finance 93

CIO Business Intelligence

APRIL 19, 2022

Vendors, by making indistinguishable claims about digital transformation and process automation, suggest similar outcomes. But the market demands something more, in the form of end-to-end automation capabilities that push beyond efficiency into other outcomes such as innovation, growth, and true business resiliency.

Digital Transformation 106

Digital Transformation Insurance ROI Business Objectives 106

CIO Business Intelligence

APRIL 27, 2022

The NPHIES health information exchange platform, designed to unify patient care records for healthcare providers and optimise insurance services, is central to the digital transformation of healthcare in Saudi Arabia. Could you give us more details about this?

Insurance 52

Insurance Digital Transformation Measurement Technology 52

Cloudera

JUNE 13, 2023

The bank offerings include standard deposit and lending services, credit cards, wealth management, agribusiness finance and insurance, and foreign exchange services for other financial institutions. In 2021, ANZ Bank unveiled its strategy to drive digital transformation, increase their speed to market and become more agile.

Data-driven 77

Data-driven Analytics Insurance Big Data 77