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 95

Insurance Digital Transformation Unstructured Data Machine Learning 95

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. The life insurance industry has not been historically focused on pure efficiency, but the cost-per-unit concept is coming into the business.” Contact us today to learn more.

IT 130

IT Insurance Cost-Benefit Risk 130

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

JANUARY 8, 2024

“As we head into the new year, CIOs and other IT leaders will need to understand how innovation can disrupt the business from both an internal and external perspective and make decisions with measured risk taking and a strong focus on priority outcomes.”

Cost-Benefit 142

Cost-Benefit Digital Transformation Optimization Measurement 142

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. Krantz suggests that IT leaders should seek Ph.D.

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Enterprise 145

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. Patience and staying power on strategy is really key.”

IT 128

IT Insurance Digital Transformation Technology 128

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

MARCH 8, 2023

If digital transformation was about driving fundamental change within the company, then its next chapter will be far more outward-looking. This is about being digital-first: to build digital businesses that are viable and sustainable in the long term. Adversalo of Malayan Insurance Co., Maria Beatriz A.

Enterprise 98

Enterprise Digital Transformation Insurance Strategy 98

CIO Business Intelligence

JUNE 7, 2022

It can be used to reveal structures in data — insurance firms might use cluster analysis to investigate why certain locations are associated with particular insurance claims, for instance. Organizations across all industries leverage data analytics to improve operations, increase revenue, and facilitate digital transformations.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

CIO Business Intelligence

OCTOBER 13, 2022

While pandemic-driven digital transformation has enabled the media and entertainment industry to stream awesome content 24/7 – digital technology is also safeguarding visitors, performing artist, and crew at the Eurovision Song Contest by monitoring their Covid-19 exposure levels in real time. So, how does it work?

Risk 98

Risk Broadcasting Recreation/Entertainment Dashboards 98

CIO Business Intelligence

AUGUST 29, 2022

While CIOs and CTOs play critical roles in a company’s digital transformation efforts , only about half of them are part of their organization’s sustainability goal leadership team , and even fewer are assessed on a company’s achievement of its sustainability goals.

Enterprise 97

Enterprise Internet of Things Measurement Finance 97

CIO Business Intelligence

MARCH 31, 2022

To date, many of those appointments have been concentrated in the insurance, banking, media and entertainment, retail, and IT/technology verticals. IDC found that 80% of the top KPIs used to measure chief data officer performance are business-oriented. IDC says 59% of chief data officers currently report to a business leader.

Consulting 134

Consulting Data Strategy Data Governance Strategy 134

CIO Business Intelligence

FEBRUARY 16, 2024

Security and data privacy The introduction of GenAI into enterprise workflows, and the related data needed to power it, amplifies the need for CIOs to implement robust security measures, develop incident response plans, and stay vigilant against evolving cyber threats to protect sensitive information and maintain business continuity.

Strategy 138

Strategy Insurance Digital Transformation Enterprise 138

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 You have to get that understanding first.”

Digital Transformation 135

Digital Transformation ROI Strategy Data Science 135

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. He adds four key objectives for ambitious CIOs. Second, ensure you hone your cross-functional expertise.

Digital Transformation 122

Digital Transformation Technology Insurance Data-driven 122

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 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. Brands can also engage with customers digitally by embracing digital transformation. And today, we have with us, Suvodip Chatterjee.

Enterprise 98

Enterprise Technology Digital Transformation Manufacturing 98

CIO Business Intelligence

MAY 31, 2022

BPM tools provide organizations with a systematic approach to managing and optimizing their business processes by helping organizations design, model, implement, and measure workflows and business rules. Business process management software and tools. BPM vs. RPA.

Enterprise 104

Enterprise Management Interactive Software 104

CIO Business Intelligence

AUGUST 21, 2024

It wasn’t just a single measurement of particulates,” says Chris Mattmann, NASA JPL’s former chief technology and innovation officer. “It It was many measurements the agents collectively decided was either too many contaminants or not.” They also had extreme measurement sensitivity. That’s the most difficult thing,” he says.

Risk 136

Risk Insurance Cost-Benefit Software 136

Smart Data Collective

NOVEMBER 1, 2020

We’re living in an era of digital switch-over with only one constant – evolve. And that digital transformation is being introduced by high-tech solutions. Today, the need to digitize texts, that is, the need for software that would convert data from paper to digital is ever increasing. Source ].

Machine Learning 145

Machine Learning Data mining Visualization Statistics 145

bridgei2i

JULY 21, 2020

He explains the major challenges faced by the suppliers and retailers and the need for digital transformation. I have been collaborating with multiple stakeholders across many global CPG companies, enabling high impact business transformation strategies and guiding them in their analytics journey. Mukesh: Absolutely.

Enterprise 95

Enterprise Digital Transformation Sales Forecasting 95

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. Even as they recognize digital transformation as the primary driver of business growth, many CEOs expect IT to do it all while keeping budgets flat.

IT 138

IT Cost-Benefit Digital Transformation ROI 138

IBM Big Data Hub

NOVEMBER 10, 2023

Since 2021, healthcare insurance companies also known as payers, that set service rates, collect payments, process claims, and pay healthcare provider claims, have the obligation to comply with the interoperability requirements set in 2020. These requirements enable the exchange of important data between healthcare payers and providers.

Cost-Benefit 95

Cost-Benefit Insurance Unstructured Data Consulting 95

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.

Data Processing 91

Data Processing Cost-Benefit Software Digital Transformation 91

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. However, I managed, engaged, and formed a team to collaborate with stakeholders to implement change.

Insurance 52

Insurance Digital Transformation Measurement Technology 52

Cloudera

MARCH 25, 2021

The protection and controls around data become increasingly complex when used in the context of banking and insurance activities. Personal and confidential information carries heightened sensitivity in the light of financial, health and insurance activities. Financial institutions and insurers understand the benefits of more data.

Data Strategy 65

Data Strategy Strategy Enterprise Insurance 65

CIO Business Intelligence

DECEMBER 4, 2023

One very simple measure of this was how often they were meeting. As the leader of IT, he may have his own big bets, such as digital transformation or artificial intelligence, he says. The greater the frequency of their interactions with the CIO, the greater success they were having.” What about the CIO? “At

Digital Transformation 126

Digital Transformation Strategy Technology Marketing 126

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 105

Advertising Recreation/Entertainment Experimentation Data Collection 105

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 137

Strategy Technology Experimentation Testing 137

Cloudera

MARCH 18, 2021

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. At a glance, here are the primary changes FRTB introduces: A shift from value-at-risk (VaR) to an expected shortfall (ES) measure of risk under stress.

Machine Learning 55

Machine Learning Risk Risk Management Measurement 55

CIO Business Intelligence

MARCH 7, 2024

Firewall capability for AI security: Enhance security measures by providing firewall capabilities to safeguard against potential AI-related vulnerabilities. Patricia was previously the CISO at Markel Insurance, Freddie Mac, Symantec, and Unisys, and her insights have always been extremely valuable to her peers.

Digital Transformation 72

Digital Transformation Machine Learning Risk Testing 72

CIO Business Intelligence

NOVEMBER 7, 2022

However, the measure of success has been historically at odds with the number of projects said to be overrunning or underperforming, as Panorama has noted that organizations have lowered their standards of success. The move to a cloud-based ERP system came several years into a broader digital transformation at Ranpak.

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

IBM Big Data Hub

MARCH 20, 2024

Prioritizing operational resiliency In our view, the essence of operational resilience is an assumption that disruption is inevitable, and organizations must have measures in place to be able to absorb and adapt to any shocks. This includes cyber incidents, technology failures, natural disasters and more.

Risk Management 72

Risk Management Risk Enterprise Business Services 72

CIO Business Intelligence

MAY 24, 2023

And with such a presence of history and reputation in the market, it had the foresight and resources to make early investment and commitment to dovetailing its digital transformation with sustainability. CIO, Cloud Native, Digital Transformation, IT Leadership Here are some edited excerpts of that conversation.

Cost-Benefit 52

Cost-Benefit Digital Transformation Metrics Insurance 52

IBM Big Data Hub

MARCH 28, 2024

High security: Certain industries, like insurance, are more prone to data breaches and cyberattacks. Other customized cloud security measures that help limit the attack surface include virtual private networks (VPNs), data encryption and API keys.

Enterprise 97

Enterprise Cost-Benefit Data Processing Software 97

Sisense

AUGUST 19, 2020

Disrupting Markets is your window into how companies have digitally transformed their businesses, shaken up their industries, and even changed the world through the use of data and analytics. Moving to the cloud helped transform the way McKesson operates. The right use of data changes everything.

Big Data 52

Big Data Machine Learning Digital Transformation Data-driven 52

CIO Business Intelligence

AUGUST 15, 2023

In increasingly politicized times, easily performing RLAs can provide a measure of confidence to the interested voter that elections are being run properly.” San Francisco’s IT effort “provides greater transparency to the public, minimizes human bias, and saves time,” Gerull says. “In

IT 98

IT Manufacturing IoT Cost-Benefit 98