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The Significance of Open Source Software in the Digital-First Future Enterprise

CIO

As companies shift their focus from the digital transformation of individual processes to the business outcomes enabled by a digitally transformed organisation, software engineering will become a core enterprise capability. For example, close to 60% of respondents are using OSS for Database and 53% for Operating Systems.

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EvolutionIQ secures $21M to streamline insurance claims processing with AI

TechCrunch

Processing claims at scale presents a challenge for insurers, particularly where the claims entail factors like complex underlying health conditions. A growing cohort of startups including Alan, Tractable and Snapsheet offer tools to help customers navigate through the insurance claims process. ” Accelerating insurance claims.

Insurance 233
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Soci raises $120M in debt and equity to grow its marketing management platform

TechCrunch

“Soci became an essential partner to brands for this transformation, which led to an increased need for brands to turn to technology to manage their presence in local digital market channels.” Khoury says he was inspired to found Soci by the dearth of options for brands to manage their presence across digital marketing channels.

Marketing 234
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Are You Ready for Cloud Regulations?

CIO

The paper is a proposal to enable oversight of third parties providing critical services to the UK financial system. The proposal would grant authority to classify a third party as “critical” to the financial stability and welfare of the UK financial system, and then provide governance in order to minimize the potential systemic risk.

Cloud 246
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Cybersecurity Snapshot: How To Boost the Cybersecurity of AI Systems While Minimizing Risks

Tenable

In addition, cyber insurance demand is forecast to grow robustly. As nations and organizations embrace the transformative power of AI, it is important that we provide concrete recommendations to AI end users and cultivate a resilient foundation for the safe development and use of AI systems,” she added. And much more! billion in 2023.

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5 hot IT budget investments — and 2 going cold

CIO

Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group. This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says.

Budget 363
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Nigeria’s Helium Health acquires Qatar’s Meddy in rare Africa-GCC deal

TechCrunch

Typically , an enterprise client needs various services on one platform — from electronic medical record and management information systems to revenue cycle management, consolidated analytics and telemedicine services. The company could have built out these services but acquiring Meddy presented a better option due its expansion play.