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Bank of America’s big bet on AI started small

CIO

Today, more than 20 million banking clients use the Erica virtual assistant. Hari Gopalkrishnan, head of consumer, business, and wealth management technology at BofA, says the key to Ericas success and longevity has been its small size. We are not writing essays with Erica. We are not trying to write software. Gopalkrishnan says.

Banking 169
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Streaming Analytics in the Real World

Cloudera

From leading banks, and insurance organizations to some of the largest telcos, manufacturers, retailers, healthcare and pharma, organizations across diverse verticals lead the way with real-time data and streaming analytics. The data shelf life is decreasing,” said Marr. This speed of change has enormous implications for businesses.

Analytics 101
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Is your data strategy ready for gen AI? LOB leaders may disagree

CIO

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September.

Strategy 205
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New Zealand-based Imagr thinks camera-based AI is the future of shopping trolleys

TechCrunch

The early-stage startup has invented tech that attaches to the trolley and uses cameras to detect and label products, adding them to a virtual cart where shoppers can checkout without ever interacting with a human or waiting in a line. . million in seed funding at the end of November 2019 in a round led by Toshiba Tec.

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IBM and AWS Create a Path to Modernization Via Industry-Specific Solutions

CIO

Modernization journeys are complex and typically highly custom, dependent on an enterprise’s core business challenges and overall competitive goals. Yet one way to simplify transformation and accelerate the process is using an industry-specific approach. Consider the critical area of security controls, for example.

AWS 172
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AI adoption accelerates as enterprise PoCs show productivity gains

CIO

We don’t want to just go off to the next shiny object,” she says. “We To keep up, Redmond formed a steering committee to identify opportunities based on business objectives, and whittled a long list of prospective projects down to about a dozen that range from inventory and supply chain management to sales forecasting. “We

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8 Digital Healthcare Trends For 2025

Perficient

Strict regulations around HIPAA, PHI, and PII create significant barriers, making it difficult to adopt off-the-shelf AI solutions from fields like commerce or digital experience. Healthcare Trend #1: AI Disruption and Enablement Healthcare has seen a surge of interest in AI, with the market set to soar to $187.95 billion by 2030.