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From legacy to lakehouse: Centralizing insurance data with Delta Lake

CIO

In 2025, insurers face a data deluge driven by expanding third-party integrations and partnerships. Maintaining legacy systems can consume a substantial share of IT budgets up to 70% according to some analyses diverting resources that could otherwise be invested in innovation and digital transformation.

Insurance 164
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AI in action: How enterprises are scaling AI for real business impact

CIO

To capitalize on the enormous potential of artificial intelligence (AI) enterprises need systems purpose-built for industry-specific workflows. Strong domain expertise, solid data foundations and innovative AI capabilities will help organizations accelerate business outcomes and outperform their competitors.

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Why a data-first culture is key to unlocking value from AI in insurance

CIO

Data is the lifeblood of the modern insurance business. Yet, despite the huge role it plays and the massive amount of data that is collected each day, most insurers struggle when it comes to accessing, analyzing, and driving business decisions from that data. There are lots of reasons for this.

Insurance 197
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How Fastweb fine-tuned the Mistral model using Amazon SageMaker HyperPod as a first step to build an Italian large language model

AWS Machine Learning - AI

AIs transformative impact extends throughout the modern business landscape, with telecommunications emerging as a key area of innovation. With a vision to build a large language model (LLM) trained on Italian data, Fastweb embarked on a journey to make this powerful AI capability available to third parties.

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Accelerating AI at scale without sacrificing security

CIO

By eliminating time-consuming tasks such as data entry, document processing, and report generation, AI allows teams to focus on higher-value, strategic initiatives that fuel innovation. With the rise of AI and data-driven decision-making, new regulations like the EU Artificial Intelligence Act and potential federal AI legislation in the U.S.

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3 Key Insurance Takeaways from InsureTech Connect 2024

Perficient

The 2024 InsureTech Connect (ITC) conference was truly exhilarating, with key takeaways impacting the insurance industry. The industry is constantly evolving, and ITC displays the alignment of everyone within the insurance industry surrounding the same purpose. Moreover, AI is not here to replace the human, but rather assist the human.

Insurance 111
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When is the right time to dump an AI project?

CIO

A medical, insurance, or financial large language model (LLM) AI, built from scratch, can cost up to $20 million. It’s important to note that failure is a necessary part of innovation,” he says. Of course, AI pilots are panning out at higher rates of late, according to Gartner.