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5 hot IT budget investments — and 2 going cold

CIO

Hot: AI and VR/AR With digital transformations moving at full throttle, and a desire to stay innovative, it should come as no surprise that use cases for virtual reality, augmented reality, and artificial intelligence continue to grow in several verticals.

Budget 363
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Daily Crunch: China criticizes India for ‘frequent investigations’ of local Chinese firms

TechCrunch

The life insurance company, which has a wellness and gamification focus, was previously valued at $70 million. was faring during the global venture capital market slowdown. From beds to insurance : Jordan ’s report on insurance startup Ranger’s $5.25 Speaking of Quest, Amanda gives you a look at Meta’s next VR headset.

Insurance 234
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Was Quibi the good kind of startup failure?

TechCrunch

Root Insurance plans pricing as Datto goes public. The IPO market has not shut down (yet) for election turmoil and whatnot. Next to market, Root Insurance released its stock pricing set this week, raising the goal to a valuation above $6 billion. AR/VR is coming (sooner than expected).

Insurance 329
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As extreme weather events worsen, 7Analytics meshes AI and big data to predict flooding

TechCrunch

Recent data from reinsurance company Swiss Re suggests that extreme global weather events cost insurers $101 billion last year , apparently only the third time since 1970 this figure has surpassed $100 billion. market, 7Analytics today announced that it has raised $2.5 ” Startups to the rescue?

Big Data 233
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Extra Crunch roundup: China’s new data privacy law, fractional farming, debt vs. equity

TechCrunch

“We aren’t so easily categorized,” said Better CEO Vishal Garg, who told Ryan that the company plans to soon expand into traditional financial services like auto loans and insurance. If you don’t have a good story to share, it doesn’t matter how big your marketing budget is.

Data 242
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Impact of technology on insurance industry

Hacker Earth

Like every other industry, the global insurance sector, worth over $5 trillion, has undergone an immense overhaul because of disruptive technologies in recent years. According to PwC’s 2017 Global InsurTech Report, the challenges the insurance industry faces in their ability to innovate are. Talent (87%). IT security (53%). Blockchain.

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Storytelling for CIOs: From niche to bestseller

CIO

Storytelling is as old as humanity itself and it’s core to the fundamentals of faith, politics, and marketing. Traquina at iProov foresees AI, AR, and VR making stories more immersive and engaging. “AI Get the story right, then people understand the plan and you’ve a much better chance of them buying in.