Cloudera

DECEMBER 11, 2020

COVID-19 has forced virtually every industry to embrace an acceleration in digital capabilities. While it can be argued that digital transformation was already underway; it’s hard to dispute that it has accelerated in recent months. Insurance and finance are two industries that rely on measuring risk with historical data models.

Insurance 92

Insurance Digital Transformation Unstructured Data Machine Learning 92

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.

Software 117

Software Enterprise Digital Transformation Insurance 117

CIO Business Intelligence

FEBRUARY 23, 2024

We are designing our AI efforts to really augment the human creativity and productivity,” he says, noting that the company’s pilot testing has shown significant productivity gains in document and data summarization as well as churning out data insights faster. Automotive Industry, Digital Transformation, Generative AI, Innovation

IT 122

IT Manufacturing Unstructured Data Strategy 122

CIO Business Intelligence

JANUARY 11, 2023

Aligning on business goals There must be open, transparent, and collaborative working sessions to create alignment on how technology capabilities can be deployed to meet enterprise goals, states Bill Cassidy, CIO at New York Life Insurance. The negative financial and competitive consequences … will be difficult to escape,” he says.

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Enterprise 145

CIO Business Intelligence

MARCH 7, 2024

Public LLMs in the sandbox: Safely test publicly available Large Language Models (LLMs) in a sandbox environment, separate from the production setting, to assess their impact without risking operational disruptions. If you have a digital transformation office , you likely have used AI in several facets of a program.

Digital Transformation 72

Digital Transformation Machine Learning Risk Testing 72

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 76

Data-driven Analytics Insurance Digital Transformation 76

CIO Business Intelligence

JUNE 7, 2022

Prescriptive analytics is a type of advanced analytics that involves the application of testing and other techniques to recommend specific solutions that will deliver desired outcomes. Organizations across all industries leverage data analytics to improve operations, increase revenue, and facilitate digital transformations.

Data Analytics 127

Data Analytics Diagnostic Analytics Management Analytics 127

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 brings expertise in developing IT strategy, digital transformation, AI engineering, process optimization and operations. He will also plan and implement the company’s IT and digital strategy.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

CIO Business Intelligence

OCTOBER 9, 2023

Renganathan is keenly aware that to do so requires not only investing in technology to digitally transform its processes but also practicing the principle of “people helping people,’’ and balancing the ability to innovate and grow with achieving efficiencies. Internally, we say, ‘Let’s perform while we transform,’’’ Renganathan says.

Strategy 134

Strategy Technology Experimentation Testing 134

CIO Business Intelligence

DECEMBER 21, 2022

The Teachers Insurance and Annuity Association of America (TIAA) has grown over the course of a century into a $40 billion organization with $1.2 In the post-pandemic world, we’re testing the limits of the core,” he says. Acceleration on its transformation is happening. Together, I think we can make a big difference.

Data-driven 91

Data-driven Insurance Digital Transformation Technology 91

IBM Big Data Hub

FEBRUARY 14, 2024

AIOps is one of the fastest ways to boost ROI from digital transformation investments. Insurance With AI, the insurance industry can virtually eliminate the need for manual rate calculations or payments and can simplify processing claims and appraisals.

Cost-Benefit 88

Cost-Benefit Insurance Unstructured Data Machine Learning 88

bridgei2i

JULY 28, 2020

The second thing is that we’re seeing a real transition in our companies and organizations to a complete digital transformation and I call it universal digital transformation. We need people who can test. So, what we see that’s taking place in a more general setting is digital transformation.

Enterprise 98

Enterprise Digital Transformation Insurance B2B 98

CIO Business Intelligence

MAY 31, 2022

Anthem taps RPA, AI in digital transformation push : Health insurance company Anthem is using BPM and RPA to balance data center workloads to make IT operations nimbler. They frequently enable non-IT specialists to build business workflows and connect disparate systems. BPM vs. RPA.

Enterprise 76

Enterprise Management Interactive Software 76

CIO Business Intelligence

MARCH 24, 2022

The initiatives are part of the bank’s five-pillar digital transformation strategy to modernize its core banking and mainframe environments. In a recent announcement, IBM rolled out a basketful of Z series enhancements and services , including IBM Z as-a-service on IBM cloud for software development and testing.

Strategy 144

Strategy Marketing Testing Software 144

Decision Management Solutions

DECEMBER 17, 2021

In the recent McKinsey article discussing designing next-generation credit-decisioning models they outlined four best practices for automated credit-decisioning models for banks as they continue their digital transformations. Digital lending based on high-performance credit-decisioning models, says McKinsey, lead to: Increased revenue.

Modeling 52

Modeling Experimentation Visualization Risk 52

CIO Business Intelligence

MAY 16, 2023

To gain perspective, Iron Mountain sponsored research by Quadrant Strategies, which used digital listening technologies to study public online conversation trends among enterprise decision-makers. Digital Transformation and tokenization.

Advertising 85

Advertising Recreation/Entertainment Experimentation Enterprise 85

CIO Business Intelligence

APRIL 25, 2022

That person is now a Scrum master at a major insurance company. These can range from simple “lunch and learn” meetings to formal educational programs, such as the one at insurance giant Liberty Mutual, which has created an internal tech literacy program for its non-tech employees. Andrew Palmer. Liberty Mutual.

IT 111

IT Insurance Cost-Benefit Reporting 111

bridgei2i

FEBRUARY 24, 2021

Sunil has over two decades of experience in building talent analytics capabilities and solutions, and most recently enabling organizations to drive their digital transformation journey. Sunil: We’ve recently deployed it for a leading global professional services organization and also a global insurance major.

Cost-Benefit 92

Cost-Benefit Recreation/Entertainment Digital Transformation Scorecard 92

IBM Big Data Hub

APRIL 5, 2023

The healthcare industry’s heavy reliance on legacy systems, regulatory and security challenges are significant hurdles for its journey toward digital transformation. We saw this during the COVID-19 pandemic as many large healthcare systems scrambled to integrate digital technology at speed.

Digital Transformation 62

Digital Transformation Consulting Finance Insurance 62

Ontotext

APRIL 3, 2024

Aurelije Zovko : For me, it is a digital transformation. This ties in with the point about digital transformation as well as with making sure data-centricity is at the root of our approach. For example, when I want to insure some property and want to find out if the CEO has been involved in crime. It’s open.

Technology 59

Technology Risk Digital Transformation Measurement 59

CIO Business Intelligence

NOVEMBER 7, 2022

The move to a cloud-based ERP system came several years into a broader digital transformation at Ranpak. Instead, the company planned to build a modular system using best-of-breed third-party components alongside its existing predictive maintenance, insurance claim and contract management systems.

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

bridgei2i

FEBRUARY 21, 2019

Monideepa Bhattacharya, Digital Transformation Lead, BRIDGEi2i Analytics Solution, delivered the keynote presentation at Infocom-2018, Kolkata. In the journey of enterprises, digital transformation encompasses customer experience, improving operational efficiency and monetizing data for newer digital business models.

Digital Transformation 66

Digital Transformation Analytics Sales KPI 66

Alation

FEBRUARY 13, 2020

We also have some primary insurance entities in the group, but the main thing about reinsurance is that we’re taking care of the big and complex risks in the world. Then in the end, it is, of course, about the ability to try out and quickly test those new ideas.

Data-driven 52

Data-driven Data Lake Enterprise Analytics 52

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. Lat year was about execution at the corporate level because there were many things we had to test before taking them to various countries.

Modeling 91

Modeling Insurance IT Cost-Benefit 91

CIO Business Intelligence

APRIL 24, 2024

We’ve been doing proof-of-value and different test cases on efficiency opportunities within our organization as it relates to AI,” he says. A third gen AI product, BenefitsGPT, isn’t yet commercially available, but is currently being tested by three other Blue Cross Blue Shield organizations. But that could change. “I

Sales 123

Sales Finance Experimentation Cost-Benefit 123

Alation

FEBRUARY 13, 2020

It concerns me that a similar approach has taken over the IT world with the recent avalanche of “digital transformation” initiatives being kicked-off in major enterprises. Digital transformation” is often described as technology-led innovation, but innovation for innovation’s sake can run you into the ground, a la Gibson.

Digital Transformation 59

Digital Transformation Insurance Data-driven Machine Learning 59

CIO Business Intelligence

DECEMBER 20, 2022

These fundamental issues resonate strongly with Liberty Mutual Executive Vice President and CIO James McGlennon, who admits to having dropped the ball on these strategic priorities while developing the insurance company’s advanced cloud infrastructure. flops or believing it is too late to implement a cloud strategy at all.

Strategy 114

Strategy Insurance Digital Transformation Consulting 114

CIO Business Intelligence

NOVEMBER 4, 2022

Just as you wouldn’t add on to your house without increasing your insurance coverage, you shouldn’t grow your contact center without investing in a way to ensure your technology truly allows customers to get the help they need, regardless of which channel they use. In a sense, Cyara has become Agero’s insurance policy for flawless CX.

Technology 92

Technology Insurance Interactive Testing 92

erwin

FEBRUARY 19, 2021

It’s easier to map, move and test data for regular maintenance of existing structures, movement from legacy systems to new systems during a merger or acquisition or a modernization effort. Digital transformation. Quicker project delivery. Regulatory compliance.

Metadata 110

Metadata Management Data Quality Cost-Benefit 110

O'Reilly on Data

OCTOBER 11, 2022

Selenium , the first tool for automated browser testing (2004), could be programmed to find fields on a web page, click on them or insert text, click “submit,” scrape the resulting web page, and collect results. But the core of the process is simple, and hasn’t changed much since the early days of web testing. What’s required?

Data Integration 291

Data Integration Insurance Dashboards Modeling 291

CIO Business Intelligence

FEBRUARY 3, 2023

The Queen’s death brings e-commerce innovation Hobbs joined The Royal Mint in January 2020, bringing 20 years of experience from financial services, where he worked for Barclays Bank, Barclaycard, Lloyds Banking Group and Admiral Insurance. Data and Information Security, Digital Transformation, IT Leadership, IT Management, IT Operations

IT 52

IT Experimentation Scorecard Digital Transformation 52

Cloudera

MARCH 18, 2021

Continuous monitoring will be required, and banks will need to conduct back-testing to ensure accuracy. Banks and insurers facing the FRTB transition need to ready themselves to manage an increased variety of data, including new sources, both real-time and batched. Operational Impact of FRTB. FRTB Demands a Streamlined Architecture.

Risk 55

Risk Machine Learning Risk Management Measurement 55

IBM Big Data Hub

MARCH 28, 2024

Serverless simplifies development and supports DevOps practices by allowing developers to spend less time defining the infrastructure required to integrate, test, deliver and deploy code builds into production. High security: Certain industries, like insurance, are more prone to data breaches and cyberattacks.

Enterprise 108

Enterprise Cost-Benefit Data Processing Software 108

CIO Business Intelligence

AUGUST 15, 2023

In partnership with OpenAI and Microsoft, CarMax worked to develop, test, and iterate GPT-3 natural language models aimed at achieving those results. So, the CarMax technology and content teams recognized the need to create a new system that could produce updated vehicle information and analyze and summarize customer reviews at scale.

IT 91

IT Manufacturing IoT Cost-Benefit 91

Alation

OCTOBER 28, 2021

Indeed, many healthcare organizations today are embracing digital transformation and using data to enhance operations. Value-based care is a new concept, growing in popularity and transforming the business model. Data & analytics represents a major opportunity to tackle these challenges.

Data Governance 52

Data Governance Measurement Modeling Metrics 52

IBM Big Data Hub

JULY 17, 2023

Capabilities within the Prompt Lab include: Summarize: Transform text with domain-specific content into personalized overviews and capture key points (e.g., ” Raman Venkatraman, CEO of STL Digital Watsonx.data is truly open and interoperable. How you can get started today Test out watsonx.ai Within the watsonx.ai

Machine Learning 67

Machine Learning Data Warehouse Modeling Cost-Benefit 67

CIO Business Intelligence

AUGUST 1, 2023

Digital transformation must be a core organizational competency. The impact of generative AIs, including ChatGPT and other large language models (LLMs), will be a significant transformation driver heading into 2024. That’s my key advice to CIOs and IT leaders.

Digital Transformation 97

Digital Transformation Unstructured Data Strategy Experimentation 97