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How strategic partnerships are the key to AI-driven innovation

CIO

Innovate or die,” Peter Drucker’s 1985 exhortation on the importance of constant reinvention, was great business advice for the last 40 or so years. Budgets to build new innovations It’s always a challenge to find the budget to build new innovations and platforms when the primary focus of the CIO is to keep the business running.

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10 emerging innovations that could redefine IT

CIO

The pace of innovation is relentless. The next generation promises to deliver the same unstoppable parade of innovation. The fascination in the idea comes from the observation that AI models don’t need the same kind of precision as, say, bank ledgers. Embracing an idea before it’s ready can be invigorating — if you’re right.

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Digital listening reveals 3 leading innovation drivers

CIO

In six short months, ChatGPT propelled artificial intelligence (AI) into the minds and imaginations of the masses more than any other development since the term “AI” was coined in 1956. The industries these decision-makers represented include insurance, banking, healthcare and life sciences, government, entertainment, and energy in the U.S.

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How the cloud helps banking and finance companies tackle core modernization challenges

CIO

While banking and finance organizations have aggressively moved workloads and apps to the cloud to meet changing customer needs, some remain hesitant to tackle modernization of core infrastructure and systems, fearing a disruption to the business. You have to be innovative, but in a secure way. They need to move quickly, and at scale.”

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The hybrid approach: Get the best of both mainframe and cloud

CIO

As more businesses push forward with digital transformation projects, cloud computing has stood out as a powerful tool capable of fueling the analytics that drive new technologies like artificial intelligence (AI) and machine learning (ML)—two capabilities that are quickly becoming a must-have in nearly every organization.

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CIOs weigh where to place AI bets — and how to de-risk them

CIO

Given existing relationships with Webster Bank, that includes AWS and Microsoft. To find promising use cases, Webster Bank canvassed several dozen proposals and decided to start with three that could deliver tangible benefits. The CIO has strategies in place to address all three.

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Concerns remain even as the EU reaches a landmark deal to govern AI

CIO

This regulation aims to ensure that fundamental rights, democracy, the rule of law and environmental sustainability are protected from high risk AI, while boosting innovation and making Europe a leader in the field,” said the press release issued by European Parliament. It is a myth that the AI Act will hamper innovation.