article thumbnail

3 key digital transformation priorities for 2024

CIO Business Intelligence

Create these six generative AI workstreams CIOs should document their AI strategy for delivering short-term productivity improvements while planning visionary impacts. Improving search capabilities and addressing unstructured data processing challenges are key gaps for CIOs who want to deliver generative AI capabilities.

article thumbnail

Future-Proofing Your Business with Hyperautomation

CIO Business Intelligence

They enable greater efficiency and accuracy and error reduction, better decision making, better compliance and risk management, process optimisation and greater agility. Intelligent document processing: uses artificial intelligence and machine learning techniques to automate the processing of documents and unstructured data.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Examples of IBM assisting insurance companies in implementing generative AI-based solutions  

IBM Big Data Hub

The most common insurance use cases include optimizing processes that require processing large documents and large blocks of text or images. Customer engagement Providing insurance coverage involves working with numerous documents. IBM works with several insurance companies to identify high-value opportunities for using generative AI.

article thumbnail

Making intelligent automation work at scale

CIO Business Intelligence

Classic examples are the use of AI to capture and convert semi-structured documents such as purchase orders and invoices, Fleming says. We’re also starting to see NLP [ natural language processing ] applied to unstructured text, such as categorizing an email or understanding the content of the email,” she says.

article thumbnail

Celebrating Data Superheroes: The 2021 Data Impact Awards Winners

Cloudera

The variety of formats, unstructured nature, and dispersed location of these documents present several challenges for critical business decisions. To enable faster and easier access to millions of documents, ExxonMobil combined domain specific knowledge and a combination of Cloudera tools with cloud services.

article thumbnail

Your Effective Roadmap To Implement A Successful Business Intelligence Strategy

datapine

Improved risk management: Another great benefit from implementing a strategy for BI is risk management. They can govern the implementation with a documented business case and be responsible for changes in scope. On the flip side, document everything that isn’t working. Develop a “Data Dictionary”.

article thumbnail

Commercial Lines Insurance- the End of the Line for All Data

Cloudera

The result is creative use cases that improve operational efficiency such as those around natural catastrophe management, telematics/fleet management, underwriting efficiency/document analysis, supply chain and construction insurance. The tools and technology to analyze this data have advanced also of course.