CIO Business Intelligence

SEPTEMBER 10, 2024

More organizations than ever have adopted some sort of enterprise architecture framework, which provides important rules and structure that connect technology and the business. The results of this company’s enterprise architecture journey are detailed in IDC PeerScape: Practices for Enterprise Architecture Frameworks (September 2024).

Architecture 289

Architecture Enterprise Enterprise Disaster Recovery 289

CIO Business Intelligence

DECEMBER 30, 2024

Take for example the use of AI in deciding whether to approve a loan, a medical procedure, pay an insurance claim or make employment recommendations. Agents can be more loosely coupled than services, making these architectures more flexible, resilient and smart. Nobody wants to be hired or fired by a machine that has no accountability.

CTO Hire 354

CTO Hire Software Development Software Software 354

CIO Business Intelligence

JANUARY 21, 2025

CIOs feeling the pressure will likely seek more pragmatic AI applications, platform simplifications, and risk management practices that have short-term benefits while becoming force multipliers to longer-term financial returns. Before gen AI, speed to market drove many application architecture decisions.

Fractional CTO 356

Fractional CTO CTO Hire Strategy Government 356

CIO Business Intelligence

NOVEMBER 18, 2024

Traditionally viewed as rock-solid and steady, the insurance industry is not exactly associated with taking big risks. We’ve broken up a large entity that required people to wait in line and put delivery people working on applications, business process improvement, and fintech innovation back in the hands of the business.”

Insurance 336

Insurance Strategy Enterprise Enterprise 336

CIO Business Intelligence

MARCH 5, 2025

While its potential is broad, that makes it difficult to pinpoint its practical applications in specific industries. These specialized AI models are trained on domain-specific data, building on the EXL Insurance LLM that supports critical claims and underwriting tasks. AI agents in action EXLerate.AI

Artificial Intelligence 214

Artificial Intelligence Insurance Enterprise Enterprise 214

CIO Business Intelligence

MARCH 12, 2025

However, if you work with Office 365 and other Windows-based applications, Microsofts Azure is the better choice. In the product development scenario mentioned above, for example, a Windows application in Azure triggers a Lambda service in AWS that performs the desired calculations. This requires cross-platform technologies and tools.

Cloud 227

Cloud Applications Web Services Open Source 227

CIO Business Intelligence

OCTOBER 20, 2023

Most companies’ digital journeys begin by migrating legacy applications to the cloud — the theory being that lifting and shifting workloads can provide a fast onramp to making good on services and capabilities unique to the cloud. But home and automobile insurance company Allstate is taking a different approach.

Cloud 340

Cloud Insurance Applications Policies 340

Network World

JUNE 13, 2024

In the cyber world, this translates to performing lateral propagation to gain access to crown-jewel applications. Stage 4: This is when the thieves make their getaway with large sums of money, which is just like how cybercriminals steal large volumes of data from these crown-jewel applications that they can then use to commit extortion.

Banking 393

Banking Insurance Malware Trends 393

CIO Business Intelligence

APRIL 23, 2024

To illustrate, some examples: Applications portfolio rationalization : The most fundamental guiding principle of technical architecture management is to fill each required service exactly once. An unrationalized application portfolio, and for that matter poor rationalization of the other architecture layers, creates, in a word, “risks.”

Insurance 290

Insurance Architecture Artificial Intelligence Applications 290

Forrester IT

OCTOBER 5, 2022

New Principal Analyst joins Forrester in the areas of financial service, focusing on insurance and data, AI, and ML.

Insurance 39

Insurance Meeting Financial Data 39

CIO Business Intelligence

DECEMBER 9, 2024

Respondents represent 12 industries, among them banking, investment and insurance, manufacturing, automotive, retail, healthcare and the public sector. More than 90% of CIOs and CTOs are reviewing their network architecture due to the demand for GenAI.

Research 189

Research Report Automotive Industry 189

CIO Business Intelligence

DECEMBER 3, 2024

Respondents represent 12 industries, among them banking, investment and insurance, manufacturing, automotive, retail, healthcare and the public sector. More than 90% of CIOs and CTOs are reviewing their network architecture due to the demand for GenAI.

Research 195

Research Report Automotive Industry 195

CIO Business Intelligence

MAY 28, 2022

Liberty Mutual’s cloud infrastructure runs an array of business applications and analytics dashboards that yield real-time insights and predictions, as well as machine learning models that streamline claims processing. The insurer also uses Amazon Sage Maker to build machine learning models, but the core models are based on Python.

Cloud 363

Cloud Insurance Applications Data 363

CIO Business Intelligence

FEBRUARY 12, 2025

Modern security architectures deliver multiple layers of protection. A zero trust architecture supported by multi-factor authentication (MFA), separation of duties and least privilege access for both machines and roles will help prevent unauthorized users and machines from accessing the environment.

Enterprise 191

Enterprise Enterprise Security Backup 191

CIO Business Intelligence

AUGUST 21, 2024

Toward that end, organizations should look out for these key features: Modular architecture: It’s important to be able to add capabilities to your IDP platform over time. It should also seamlessly augment your workflows and processes and integrate well with other enterprise applications and services.

Artificial Intelligence 306

Artificial Intelligence Insurance Enterprise Enterprise 306

CIO Business Intelligence

APRIL 2, 2025

billion for Fortune 500 firms alone, according to an analysis by Parametrix, and total economic damages could run into tens of billions, Nir Perry, CEO of cyber insurance risk platform Cyberwrite, told Reuters. The overall cost was estimated at $5.4

CTO Hire 281

CTO Hire Fractional CTO Exercises Software 281

CIO Business Intelligence

AUGUST 26, 2024

It is all about the accelerator’s architectural design plus optimization of the AI ecosystem that sits on top of the accelerator. When it comes to AI acceleration in production enterprise workloads, a fit-for-purpose architecture matters. So, of course, that is very valuable IP to them.”

IBM 331

IBM Architecture Enterprise Enterprise 331

CIO Business Intelligence

MARCH 19, 2025

For example, at RGA, we can create a solution leveraging a fine-tuned large language model by infusing our clients data with our own, and then upsell their customers with new insurance products reinsured by RGA. Business engagement, enterprise data, delivery centers, and enterprise architecture. Thats gen AI driving revenue.

Data 162

Data Enterprise Enterprise Education 162

CTOvision

DECEMBER 15, 2014

An autonomic computing system would control the functioning of computer applications and systems without input from the user, in the same way that the autonomic nervous system regulates body systems without conscious input from the individual. Application Streaming / Virtualization. 3D Printing Design & Implementation.

Government 301

Government Virtualization Big Data Artificial Intelligence 301

Forrester IT

MAY 31, 2022

This report shows how each provider measures up and helps insurance technology architecture and delivery professionals select the right one for their needs.

Insurance 195

Insurance System Architecture Research 195

CIO Business Intelligence

SEPTEMBER 20, 2023

With 90 years of history, Mapfre is one of the giants of the Spanish insurance sector. The personalization of services and products is going to be fundamental in the insurance sector,” she says, an aspect she’s spearheading, along with a commitment to data and AI. “The Here, she speaks with Esther Macías on how it’ll all work.

Cloud 246

Cloud Insurance Strategy Data 246

CIO Business Intelligence

APRIL 19, 2022

I have been researching and thinking more deeply about how platform architectures can lead to intended or unintended consequences. 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.

Architecture 279

Architecture Enterprise Enterprise Insurance 279

CIO Business Intelligence

SEPTEMBER 13, 2022

Digitization has transformed traditional companies into data-centric operations with core business applications and systems requiring 100% availability and zero downtime. This bank needed to upgrade its enterprise storage infrastructure as part of a major upgrade of online banking applications with a third-party provider.

Case Study 242

Case Study Storage Study Enterprise 242

CIO Business Intelligence

NOVEMBER 8, 2023

As such, Kay’s biggest challenge in setting the stage for her digital ambitions — and one that has involved the entire C-suite — has been unifying the IT operations of Principal Financial’s individual businesses units in order to develop an enterprise-wide data foundation and cloud architecture on which to build its next-generation services.

Financial 312

Financial Insurance Cloud Enterprise 312

CIO Business Intelligence

APRIL 7, 2025

Henderson is in the throes of an 18- to 20-month project to consolidate three database architectures for operational efficiencies. IT is also creating a new platform architecture to enable the firm to move off legacy technology and build cloud-based capabilities. across Ulta Beautys 1,400-plus stores, Maresca says.

System 182

System Fractional CTO CTO Hire Strategy 182

CIO Business Intelligence

MARCH 5, 2025

The banking, financial services, and insurance (BFSI) sector is facing a storm. A simple consumer action, such as transferring money from one bank to another using a mobile banking app or filing an online insurance claim, may traverse numerous systems and networks, often spanning multiple corporate entities.

Handbook 130

Handbook Banking Financial Insurance 130

CIO Business Intelligence

MAY 27, 2022

Liberty Mutual’s cloud infrastructure runs an array of business applications and analytics dashboards that yield real-time insights and predictions, as well as machine learning models that streamline claims processing. The insurer also uses Amazon Sage Maker to build machine learning models, but the core models are based on Python.

Cloud 246

Cloud Insurance Applications Data 246

CIO Business Intelligence

OCTOBER 3, 2024

CIOs of many of the largest banks, financial firms, and insurance giants will likely continue to rely on big iron for the foreseeable future — especially if additional AI capabilities on the mainframe reduce their inclination to re-platform on the cloud. billion in 2015 to less than $6.5 platform running on the cloud makes sense for Ally.”

IBM 351

IBM Enterprise Enterprise Cloud 351

CIO Business Intelligence

APRIL 18, 2024

When it comes to cloud native application platforms, we’re at an important evolutionary point: will the best practice for platforms be to build or to buy? It is a cross-cutting layer that ensures a consistent experience for acquiring and integrating typical capabilities and services for a broad set of applications and use cases.

Cloud 263

Cloud Applications Software Software 263

CIO Business Intelligence

JULY 26, 2023

While the Denver-based company’s cloud transformation long preceded Ligon’s arrival, with various business units adopting AWS and the IT team already developing cloud-native applications, in hiring Ligon, Re/Max’s top brass decided to “bring it all under control” of its first CIO.

Real Estate 246

Real Estate Data Architecture Cloud 246

CIO Business Intelligence

MARCH 11, 2025

These providers operate within strict compliance boundaries, enabling organizations to host sensitive data in-country while leveraging robust encryption, zero-trust architectures, and continuous monitoring and auditing capabilities. VMware Sovereign Cloud Providers design their systemswith security at their core.

Vmware 191

Vmware Security Data Disaster Recovery 191

CIO Business Intelligence

MARCH 24, 2022

The first is to run transaction-intensive banking applications, including bank statements, deposits, mobile banking, debit-card processing, and loan payments. But hardware alone will not guarantee the future of IBM’s mainframe architecture. Also included in the announcement were tools for developing hybrid cloud applications. “It

IBM 360

IBM Banking Linux Open Source 360

CIO Business Intelligence

OCTOBER 13, 2022

In healthcare, securing personal health data is key, governed by national standards laid out by the Health Insurance Portability and Accountability Act (HIPAA). Application Management Next stop: Migrating a complex forecasting module planned for later in 2022. For more information, visit [link].

IBM 287

IBM Industry Disaster Recovery Healthcare 287

CIO Business Intelligence

OCTOBER 13, 2022

Citing an example, Pramanik says that if the discharge process for hospital patients holding a third-party health insurance, which typically takes five to eight hours, can be brought down to one hour with the help of technology intervention, a new patient can be admitted and given that bed faster, leading to substantial business gain.

Agile 331

Agile Applications Examples Enterprise 331

CTOvision

SEPTEMBER 3, 2014

Individuals also can arrange insurance with one click. Using a self-service portal, for instance, employees can request their own access to applications, network shares, functional mailboxes and distribution lists. Architecture CTO News' By Robert Doswell. It’s now common practice to perform a variety of banking tasks from home.

Enterprise 253

Enterprise Enterprise Applications System 253

CIO Business Intelligence

JUNE 16, 2022

Because of this, BPM tools can be conceived of as a nexus that sucks in data from an array of business applications, tracking everything that happens in a given business process — what some have come to describe as “building a digital twin.”. Its Connected Insurance system offers customized workflows to speed up all aspects of insurance.

Tools 299

Tools IBM Open Source Oracle 299

CIO Business Intelligence

FEBRUARY 13, 2023

Now, as more faculty, staff, and students are accessing information on-premises and in the cloud, IT has a borderless network and the team is implementing a zero-trust network architecture, says CIO Mugunth Vaithylingam. And it’s not just applications development where such tools are having an impact.

Budget 363

Budget CTO Hire Unified Communications Tourism 363