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Allstate’s cloud-first approach to digital transformation pays off

CIO

But home and automobile insurance company Allstate is taking a different approach. based insurer has rebuilt its core application for claims processing, sales, and support, and plans to overhaul its entire portfolio of business processes, all with the aim to enhance and accelerate the customer experience.

Cloud 340
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American Honda IT to fuel innovation with generative AI

CIO

Generative AI takes a front seat As for that AI strategy, American Honda’s deep experience with machine learning positions it well to capitalize on the next wave: generative AI. The ascendent rise of generative AI last year has applied pressure on CIOs across all industries to tap its potential.

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How AI Reinforces a Next Generation of Business Processes

Mentormate

Over the past several months, artificial intelligence (AI) has revealed its power and potential to the general public with the rise of generative AI tools like ChatGPT and Stable Diffusion. That was when the first commercial computers started supporting business operations and tasks in the insurance and military sector.

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LexisNexis rises to the generative AI challenge

CIO

Given LexisNexis’ core business, gathering and providing information and analytics to legal, insurance, and financial firms, as well as government and law enforcement agencies, the threat of generative AI is real. We use AWS and Azure. It was just staggering in terms of its capabilities.” We will pick the optimal LLM.

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Technology Trends for 2023

O'Reilly Media - Ideas

In 2021, we saw that GPT-3 could write stories and even help people write software ; in 2022, ChatGPT showed that you can have conversations with an AI. Software development is followed by IT operations (18%), which includes cloud, and by data (17%), which includes machine learning and artificial intelligence.

Trends 134
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Expectations vs. reality: A real-world check on generative AI

CIO

Gen AI takes us from single-use models of machine learning (ML) to AI tools that promise to be a platform with uses in many areas, but you still need to validate they’re appropriate for the problems you want solved, and that your users know how to use gen AI effectively. Productivity improvements can be much lower initially, though.

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Cost still biggest driver for multicloud, study finds

CIO

Italian insurer Reale Group found itself with four cloud providers running around 15% of its workloads, and no clear strategy to manage them. “It His choice of clouds — Oracle’s OCI and Microsoft’s Azure — was constrained by Reale’s reliance on Oracle’s Exadata platform. Our core applications all run on Oracle databases,” he said.

Study 359