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Madrona backs WaFd Bank spinout developing consumer software for regional banks

GeekWire

A new banking software startup spun out of Washington Federal Bank (WaFd) wants to help digitize consumer-facing products used by regional banks across the U.S. The idea was to help develop and deploy new software at a faster rate. Many banks are hesitant to make a transition from their current software provider.

Banking 123
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Using genAI in IT operations boosts productivity, but security concerns linger

Network World

The rise of generative AI in recent years has accelerated the application of artificial intelligence across various business segments, especially in IT. IT organizations are putting genAI applications to work both with in-house developed use cases as well as vendor-provided tools.

Security 145
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Three predictions for AI and automation business adoption

CIO Business Intelligence

That’s one of the main themes from IDC’s recent predictions report, “IDC FutureScape: Worldwide Artificial Intelligence and Automation 2024 Top 10 Predictions”. In DevOps, KPIs may be improvements in software quality or time to value. Artificial Intelligence, Business, Events

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AI, predictive analytics top list of hot technologies for banks

CIO Business Intelligence

Among the hot technologies, artificial intelligence and machine learning — a subset of AI that that makes more accurate forecasts and analysis as it ingests data — continue to be of high interest as banks keep a strong focus on costs while trying to boost customer experience and revenue. AI enhances operational efficiency.

Banking 145
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4 moves CIOs should make to achieve a more efficient IT organization

CIO Business Intelligence

While investing in technology is key—and becoming more so—this doesn’t mean that CIO budgets won’t come under pressure, both for capital spend as well as for operations and maintenance (O&M). Optimize cloud spend It’s a good time for CIOs to conduct a financial health check on their technology budget. Not necessarily.

Licensing 138
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CIOs take note: Platform engineering teams are the future core of IT orgs

CIO Business Intelligence

BSH’s previous infrastructure and operations teams, which supported the European appliance manufacturer’s application development groups, simply acted as suppliers of infrastructure services for the software development organizations. If we have a particular type of outage, our observability tool can also restart the application.”

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How strategic partnerships are the key to AI-driven innovation

CIO Business Intelligence

But things have gotten a little more complicated now, as the large-scale roll-out of generative artificial intelligence (GenAI) has introduced the need for a multidisciplinary approach to innovation. Artificial Intelligence