CIO Business Intelligence

JANUARY 21, 2025

AI systems can analyze vast amounts of data in real time, identifying potential threats with speed and accuracy. Companies like CrowdStrike have documented that their AI-driven systems can detect threats in under one second. Thats the potential of AI-driven automated incident response.

Behavioral Analytics 122

Behavioral Analytics Data-driven Risk Insurance 122

IBM Big Data Hub

DECEMBER 1, 2023

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. Large, well-established insurance companies have a reputation of being very conservative in their decision making, and they have been slow to adopt new technologies.

Insurance 96

Insurance Digital Transformation Unstructured Data Risk 96

Rocket-Powered Data Science

FEBRUARY 12, 2021

Repetition implies that the same steps are repeated many times, for example claims processing or business form completion or invoice processing or invoice submission or more data-specific activities, such as data extraction from documents (such as PDFs), data entry, data validation, and report preparation.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

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.

Insurance 128

Insurance Digital Transformation Interactive Sales 128

Alation

NOVEMBER 4, 2022

In business, data-based goals tend to be very tangible. Perhaps you want to boost your ROI or CAGR, or reduce the time your analysts spend accessing and leveraging data. In this blog we’ll describe digital transformation: how it can be achieved as well as how it can benefit your business.

Digital Transformation 52

Digital Transformation Cost-Benefit Insurance Machine Learning 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 Big Data Insurance 77

bridgei2i

FEBRUARY 21, 2019

Monideepa Bhattacharya, Digital Transformation Lead, BRIDGEi2i Analytics Solution, delivered the keynote presentation at Infocom-2018, Kolkata. Some of the buzzwords of the day: blockchain, graph database, edge computing, and AI-driven solutions can seem quite complex yet undoubtedly they are the future of technology.

Digital Transformation 66

Digital Transformation Analytics Sales KPI 66

O'Reilly on Data

OCTOBER 11, 2022

Some tasks should not be automated; some tasks could be automated, but the company has insufficient data to do a good job; some tasks can be automated easily, but would benefit from being redesigned first. Some of these data sources will be owned by the pharmacy; others aren’t. Most are subject to privacy regulations.

Data Integration 352

Data Integration Insurance Dashboards Data-driven 352

CIO Business Intelligence

SEPTEMBER 26, 2024

These leaders hold key positions across a spectrum of roles, including Chief Information Officer (CIO), Chief Technology Officer (CTO), and Chief Data Officer (CDO). Beyond these technical titles, the honorees also play critical roles in business transformation and executive leadership.

Insurance 110

Insurance IT Data-driven Digital Transformation 110

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. 60% of respondents identified security as the top technology domain for use of OSS in the future.

Software 137

Software Enterprise Digital Transformation Insurance 137

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 122

IT Insurance Recreation/Entertainment Consulting 122

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

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

bridgei2i

MAY 20, 2020

Tourism and Hospitality are also largely affected, but in FS, insurance, and CPG, the impact is moderate. But because of COVID-19, digital transformation is helping B2B models trying to replicate successful B2C models. So, there are areas which are moderately affected, you know, take financial services, insurance, and CPG.

Enterprise 98

Enterprise B2B Digital Transformation Insurance 98

CIO Business Intelligence

JANUARY 11, 2023

There’s an industry-wide push to reduce technical and data debt and reallocate those resources toward building the future, Conyard says. “CIOs To achieve this goal, “CIOs need to treat the assessment and analysis of data as a scientific discipline,” he advises. Krantz suggests that IT leaders should seek Ph.D.-level

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Enterprise 145

Cloudera

MAY 30, 2024

The financial services industry is undergoing a significant transformation, driven by the need for data-driven insights, digital transformation, and compliance with evolving regulations. What are some of the reasons that TAI Solutions’ customers choose Cloudera?

Data Analytics 81

Data Analytics Risk Management Analytics Digital Transformation 81

CIO Business Intelligence

JANUARY 8, 2024

Gain stronger control over data Jae Evans, global CIO and executive vice president at Oracle, is planning to prioritize data control in 2024, and CIOs across industries would be wise to follow suit. “As As a large enterprise, we have vast amounts of data from disparate sources,” she says.

Cost-Benefit 142

Cost-Benefit Digital Transformation Optimization Measurement 142

CIO Business Intelligence

JUNE 9, 2022

Projects are great if you’re planning to, say, migrate a data center. DPM makes digital transformations easier. Many organizations have tried digital transformations, but few initiatives fulfilled the promise. However, almost nine-tenths of respondents, 89%, said DPM makes digital transformation easier.

Management 96

Management Digital Transformation Insurance Software 96

CIO Business Intelligence

FEBRUARY 16, 2024

Vipul Nagrath, who was global CIO of ADP during the company’s early embrace of the cloud, spearheaded ADP’s companywide digital transformation, which started in earnest five years ago fueled by the company’s hybrid cloud. There’s a brand-new wave of digital transformation that’s coming,” he says.

Digital Transformation 116

Digital Transformation Experimentation Cost-Benefit Machine Learning 116

CIO Business Intelligence

JANUARY 7, 2025

With the AI revolution underway which has kicked the wave of digital transformation into high gear it is imperative for enterprises to have their cloud infrastructure built on firm foundations that can enable them to scale AI/ML solutions effectively and efficiently.

Optimization 98

Optimization Strategy Cost-Benefit Enterprise 98

CIO Business Intelligence

APRIL 29, 2022

This first article emphasizes data as the ‘foundation-stone’ of AI-based initiatives. Establishing a Data Foundation. Software development, once solely the domain of human programmers, is now increasingly the by-product of data being carefully selected, ingested, and analysed by machine learning (ML) systems in a recurrent cycle.

Data Governance 145

Data Governance IT Data Lake Risk 145

bridgei2i

JUNE 2, 2020

Additionally, institutions are finding it difficult to forecast trends, as historical data isn’t relevant anymore. Despite these pressing concerns, COVID-19 has accelerated digital transformation. As past data isn’t relevant anymore, current models aren’t going to work. Compliance is another.

Risk Management 128

Risk Management Risk Enterprise Management 128

CIO Business Intelligence

JUNE 16, 2022

Today, they run on data and that data is usually juggled, herded, curated, and organized by business process management (BPM) software. Over time, casual developers can use the low-code functionality to update the process and incorporate new data feeds. NewgenONE Digital Transformation Platform. Arrayworks.

Management 119

Management Insurance Software Digital Transformation 119

CIO Business Intelligence

MARCH 31, 2022

The chief data officer (CDO) is a senior executive responsible for the utilization and governance of data across the organization. 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.

Consulting 134

Consulting Data Strategy Data Governance Strategy 134

CIO Business Intelligence

AUGUST 24, 2022

“Now more than ever, having a strong partnership between HR and the CIO is critical, because the demand for talented employees is so high,” says Kathy Kay, CIO at global financial investment management and insurance company Principal Financial Group. Using real-time data helps us react more quickly when we notice trends.”.

Digital Transformation 126

Digital Transformation Data-driven Technology Advertising 126

CIO Business Intelligence

FEBRUARY 13, 2023

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). CIOs anticipate an increased focus on cybersecurity (70%), data analysis (55%), data privacy (55%), AI/machine learning (55%), and customer experience (53%).

IT 145

IT Insurance Machine Learning Marketing 145

IBM Big Data Hub

SEPTEMBER 11, 2023

We are in the midst of an AI revolution where organizations are seeking to leverage data for business transformation and harness generative AI and foundation models to boost productivity, innovate, enhance customer experiences, and gain a competitive edge. Watsonx.data on AWS: Imagine having the power of data at your fingertips.

Data-driven 104

Data-driven Insurance Data Warehouse Digital Transformation 104

CIO Business Intelligence

JANUARY 23, 2023

There’s a natural pull to look at CIOs now not just for running data centers and applications, but to be a transformative catalyst for the business.” John Hill, SVP and chief digital information officer, MSC Industrial Supply MSC Industrial Supply “It was that broad set of experiences that was attractive for MSC,” he says.

Digital Transformation 145

Digital Transformation Technology Management Data-driven 145

IBM Big Data Hub

JANUARY 15, 2024

Enterprises now recognize the importance of leveraging innovative technologies to drive digital transformation and achieve cost efficiency. The path of digital transformation is fraught with challenges. As an insurance company integrating technology into the new development landscape, BoB-Cardif Life Insurance Co.,

Digital Transformation 66

Digital Transformation Insurance Optimization ROI 66

CIO Business Intelligence

APRIL 22, 2024

Moreover, Scavuzzo saw an additional business benefit to such an approach, thanks to scale: Using anonymized data, Marcum could analyze and compare client performance and thereby provide better consulting advice to them. Heeding the call for business-driven IT Scavuzzo is not alone in his quest to create a business-driven IT department.

IT 126

IT Data-driven Strategy Consulting 126

CIO Business Intelligence

SEPTEMBER 11, 2024

The CIO’s reputation has reached new heights over the past few years in large part due to rapid digital transformations following the COVID-19 pandemic, and initiatives to help businesses make the most of emerging technologies. There was no such thing as a chief data and analytics officer.

Digital Transformation 122

Digital Transformation Technology Insurance Data-driven 122

erwin

FEBRUARY 19, 2021

Metadata management is key to wringing all the value possible from data assets. However, most organizations don’t use all the data at their disposal to reach deeper conclusions about how to drive revenue, achieve regulatory compliance or accomplish other strategic objectives. Quite simply, metadata is data about data.

Metadata 110

Metadata Management Data Quality Cost-Benefit 110

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. Rizwan, CIO of Z2C Ltd.,

Digital Transformation 135

Digital Transformation ROI Strategy Data Science 135

CIO Business Intelligence

APRIL 19, 2022

Vendors, by making indistinguishable claims about digital transformation and process automation, suggest similar outcomes. Process automation began with two promises: uniting disparate systems together and unleashing the massive trove of data that sits within your processes and back-office functions.

Digital Transformation 111

Digital Transformation Insurance Business Objectives ROI 111

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

JUNE 24, 2020

Capturing data about the customer and making these insights available for the customer-facing business functions will become invaluable in the B2B enterprise’s integrated customer engagement drive. My name is Anushruti and I’m part of the CEO’s program office at BRIDGEi2i and the custodian of data around the sales pipeline.

B2B 117

B2B Enterprise Sales Digital Transformation 117

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 Technology is at the forefront of any business and for our business, there’s a lot of stuff that’s going to change, driven by technology. Everything we do is purpose-driven.

Data-driven 114

Data-driven Insurance Digital Transformation Technology 114