CIO Business Intelligence

MAY 28, 2022

Eight years ago, McGlennon hosted an off-site think tank with his staff and came up with a “technology manifesto document” that defined in those early days the importance of exploiting cloud-based services, becoming more agile, and instituting cultural changes to drive the company’s digital transformation.

Insurance 145

Insurance Machine Learning Digital Transformation Cost-Benefit 145

Alation

NOVEMBER 4, 2022

In this blog we’ll describe digital transformation: how it can be achieved as well as how it can benefit your business. What does it mean to undergo a digital transformation? At its core, digital transformation is simply incorporating digital technology into one’s business.

Digital Transformation 52

Digital Transformation Cost-Benefit Insurance Machine Learning 52

CIO Business Intelligence

JULY 17, 2024

Pioneering digital leaders help organizations make the most out of emerging technologies, but to be successful, they must keep up with the fast pace of change and deliver the right solutions at the right time, and at the right cost. These capabilities make digital leaders well placed to lead large-scale change projects.

Digital Transformation 132

Digital Transformation Technology Cost-Benefit Insurance 132

Cloudera

OCTOBER 21, 2020

The Insurance industry is in uncharted waters and COVID-19 has taken us where no algorithm has gone before. Today’s models, norms, and averages are being re-written on the fly, with insurers forced to cope with the inevitable conflict between old standards and the new normal. . Insurers are thinking on their feet.

Insurance 72

Insurance Unstructured Data Digital Transformation Cost-Benefit 72

CIO Business Intelligence

SEPTEMBER 24, 2024

This is a significant change moment,” says Rich Wiedenbeck, CAIO of Ameritas, an insurance and financial services company headquartered in Lincoln, Nebraska. See IDC PlanScape: Unit-Based Costing to Optimize IT Performance for an exploration of how unit cost can be applied to digital products and services.)

IT 130

IT Insurance Cost-Benefit Risk 130

CIO Business Intelligence

JANUARY 8, 2024

Build a robust talent development plan Monica Caldas, CIO and executive vice president with Liberty Mutual Insurance, believes that a strong, skills-focused development plan should be an imperative for IT leaders in 2024. As AI continues to redefine work, its benefits are already becoming clear.

Cost-Benefit 142

Cost-Benefit Digital Transformation Optimization Measurement 142

CIO Business Intelligence

JANUARY 11, 2023

As the economic pendulum shifts to cost control, CIOs will have to find ways to continue achieving the same results but with less margin for error,” he notes. CIOs will be looking to rationalize their technology estate to reduce unnecessary cost and maintenance, and to minimize their security attack surface and privacy exposure.”

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Enterprise 145

CIO Business Intelligence

JUNE 6, 2024

When it’s done well, every choice is calculated, made mindfully of both its short- and long-run impacts, and of the delicate balance in which it must hold certain key variables — cost, productivity, digital maturity, and the potential to build capabilities that last. Among such leaders is Barry Perkins.

Strategy 122

Strategy IT Cost-Benefit Digital Transformation 122

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 124

IT Insurance Machine Learning Cost-Benefit 124

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 56

Insurance Cost-Benefit Digital Transformation Marketing 56

CIO Business Intelligence

DECEMBER 1, 2023

IT leaders looking for a blueprint for staving off the disruptive threat of generative AI might benefit from a tip from LexisNexis EVP and CTO Jeff Reihl: Be a fast mover in adopting the technology to get ahead of potential disruptors. brillion on its digital transformation, the CTO says. In total, LexisNexis spent $1.4

Cost-Benefit 128

Cost-Benefit Machine Learning Digital Transformation Deep Learning 128

CIO Business Intelligence

OCTOBER 13, 2022

Rich Gilbert, who joined Aflac in 2019 as chief digital and information officer, now serves as its chief transformation officer and head of individual benefits. He was named the 2021 CIO of the Year by GeorgiaCIO, receiving the ORBIE Award in the Global category for helping reinvent Aflac as a digital-first company.

IT 128

IT Insurance Cost-Benefit Modeling 128

CIO Business Intelligence

MARCH 19, 2025

This enforces the need for good data governance, as AI models will surface incorrect data more frequently, and most likely at a greater cost to the business. When I joined RGA, there was already a recognition that we could grow the business by building an enterprise data strategy. Thats gen AI driving revenue.

Metrics 64

Metrics Enterprise Cost-Benefit Experimentation 64

CIO Business Intelligence

JULY 22, 2024

IT leader and former CIO Stanley Mwangi Chege has heard executives complain for years about cloud deployments, citing rapidly escalating costs and data privacy challenges as top reasons for their frustrations. They, too, were motivated by data privacy issues, cost considerations, compliance concerns, and latency issues.

Optimization 128

Optimization Strategy IT Cost-Benefit 128

CIO Business Intelligence

FEBRUARY 16, 2024

For most organizations, a shift to the cloud brings scalability, access to innovative tools, and the possibility of cost savings. These HCM services include applicant tracking, compensation, talent, and learning management, as well as insurance and retirement services. An early partner of Amazon, the Roseburg, N.J.-based

Digital Transformation 116

Digital Transformation Experimentation Cost-Benefit Machine Learning 116

CIO Business Intelligence

JULY 18, 2024

Mainframe security is critical to IT infrastructure, especially in industries like banking, insurance, healthcare, and government, where mainframes often store vast amounts of sensitive data. It’s a set of best practices that have quickly gone from a new idea to something that is a mission-critical piece of mainframe security.

Risk 124

Risk Software Insurance Cost-Benefit 124

CIO Business Intelligence

NOVEMBER 8, 2023

The technology talent gap continues to inflate labor costs, too, despite big layoffs in high tech, CIOs say, and they’ve seen double-digit increases in SaaS and cloud costs over the last two years. They weren’t communicating enough and it cost them a lot,” he says. in June, 2022, to 3.7%

IT 133

IT Cost-Benefit Digital Transformation Risk 133

CIO Business Intelligence

DECEMBER 5, 2023

But as digital transformation efforts have intensified in recent years, CIOs have had fewer opportunities to pause and reevaluate IT’s financial situation. That means taking a long hard look at costs and ensuring their spend is focused on the future and not just maintaining the past,” says Jay Upchurch, EVP and CIO at SAS.

IT 138

IT Cost-Benefit Digital Transformation ROI 138

CIO Business Intelligence

MAY 27, 2022

Eight years ago, McGlennon hosted an off-site think tank with his staff and came up with a “technology manifesto document” that defined in those early days the importance of exploiting cloud-based services, becoming more agile, and instituting cultural changes to drive the company’s digital transformation.

Insurance 98

Insurance Machine Learning Digital Transformation Cost-Benefit 98

CIO Business Intelligence

APRIL 12, 2022

When the COVID-19 pandemic hit, it shook every industry to the core, but especially and dramatically affected health insurers. In addition, they faced an onslaught of claims and initial uncertainty about cost and payments for antibody testing, evolving treatments, and, later, vaccines.

Insurance 52

Insurance Technology Management Cost-Benefit 52

erwin

FEBRUARY 19, 2021

The Benefits of Metadata Management. With automation, data quality is systemically assured with the data pipeline seamlessly governed and operationalized to the benefit of all stakeholders. Greater productivity & reduced costs. Digital transformation. Better data quality. Regulatory compliance.

Metadata 110

Metadata Management Data Quality Cost-Benefit 110

Timo Elliott

JANUARY 5, 2022

They discussed how medium and small sized enterprises should handle the digital transformation, and the concrete roles of Data Protection Officers and Innovation Evangelists during this process. “We Yves: Do you think people are already fully convinced about the real added value of digital transformation? Timo: Yes.

Digital Transformation 115

Digital Transformation Machine Learning Enterprise Data Science 115

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 98

Modeling Insurance IT Cost-Benefit 98

CIO Business Intelligence

APRIL 29, 2022

Preparing for an artificial intelligence (AI)-fueled future, one where we can enjoy the clear benefits the technology brings while also the mitigating risks, requires more than one article. This first article emphasizes data as the ‘foundation-stone’ of AI-based initiatives.

Data Governance 145

Data Governance IT Data Lake Risk 145

CIO Business Intelligence

APRIL 19, 2022

Vendors, by making indistinguishable claims about digital transformation and process automation, suggest similar outcomes. Digital transformation cannot be achieved through purely tech-enabled, service-led approaches, with the promise to build autonomous enterprises with low code, flexible applications, etc.

Digital Transformation 111

Digital Transformation Insurance Business Objectives ROI 111

CIO Business Intelligence

NOVEMBER 1, 2022

So, for instance, it’s not surprising that retirees represent the largest growth segment in Israel’s insurance sector. Yet the system for claiming pensions through insurance companies is known to be slow and cumbersome. So a new project was devised by the company’s digital and innovation section. “I Something had to give.

Insurance 98

Insurance Digital Transformation Cost-Benefit Dashboards 98

CIO Business Intelligence

APRIL 24, 2024

The first use of generative AI in companies tends to be for productivity improvements and cost cutting. But there are only so many costs that can be cut. CIOs are well positioned to cut costs since they’re usually well acquainted with a company’s digital processes, having helped set them up in the first place.

Sales 128

Sales Finance Experimentation Cost-Benefit 128

CIO Business Intelligence

JANUARY 23, 2023

While it’s common for others in the C-suite to take on so-called plus-roles, the CIO has historically worn multiple hats without the benefit or glory of a formal title marking their expanded terrain.

Digital Transformation 145

Digital Transformation Technology Management Data-driven 145

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. They can cut costs and generate additional revenue streams.” This will have a knock-on environmental benefit.

Consulting 105

Consulting Insurance Cost-Benefit Finance 105

CIO Business Intelligence

FEBRUARY 13, 2023

Hot: AI and VR/AR With digital transformations moving at full throttle, and a desire to stay innovative, it should come as no surprise that use cases for virtual reality, augmented reality, and artificial intelligence continue to grow in several verticals. “We It’s all about uptime and input.

IT 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

AUGUST 14, 2023

The CIO of transportation and logistics company Werner Enterprises has spent the bulk of his career doing full-blown transformation projects that often took two or three years to complete and ended up being a “massive, monolithic platform.” Here’s how IT leaders are embracing a quick-win, cumulative approach to digital transformation.

IT 98

IT Insurance Digital Transformation Broadcasting 98

bridgei2i

FEBRUARY 24, 2021

In our latest episode of the AI to Impact podcast, host Monica Gupta – Manager of AI Actions, meets with Sunil Mudgal – Advisor, Talent Analytics, BRIDGEi2i, to discuss the benefits of adopting AI-powered surveillance systems in HR organizations. How, do you assess the impact of these costs on business outcomes? Subscribe Now.

Recreation/Entertainment 92

Recreation/Entertainment Cost-Benefit Digital Transformation Scorecard 92

IBM Big Data Hub

NOVEMBER 10, 2023

Behind the scenes, a complex net of information about health records, benefits, coverage, eligibility, authorization and other aspects play a crucial role in the type of medical treatment patients will receive and how much they will have to spend on prescription drugs.

Cost-Benefit 95

Cost-Benefit Insurance Unstructured Data Consulting 95

CIO Business Intelligence

SEPTEMBER 11, 2023

Translating the CEO’s strategy Another legacy organization, 105-year-old The Teachers Insurance and Annuity Association of America (TIAA), has “a specific focus on elevating data and digital fluency” across the organization, says Sastry Durvasula, CIO and client services officer. “Our

Digital Transformation 135

Digital Transformation ROI Strategy Data Science 135

bridgei2i

JUNE 30, 2020

I collaborate with multiple stakeholders across many global CPG companies, enabling high impact business transformation strategies and guiding them in their analytics journey. The challenge for businesses is how to engage digitally with the employees. Brands can also engage with customers digitally by embracing digital transformation.

Enterprise 98

Enterprise Technology Digital Transformation Manufacturing 98

CIO Business Intelligence

AUGUST 21, 2024

The previous state-of-the-art sensors cost tens of thousands of dollars, adds Mattmann, who’s now the chief data and AI officer at UCLA. Insurance company Aflac is one company making sure this is the case to maintain human oversight over the AI, instead of letting it act completely autonomously.

Risk 136

Risk Insurance Cost-Benefit Software 136

IBM Big Data Hub

APRIL 4, 2024

The need for private cloud settings is also closely linked to a hybrid cloud approach—the integration of on-premises, private cloud and public cloud into a single, flexible IT infrastructure—which is an essential part of the enterprise-business digital transformation journey. Adobe Creative Suite, Slack).

Data Processing 91

Data Processing Cost-Benefit Software Digital Transformation 91