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Merck Life Sciences banks on RPA to streamline regulatory compliance

CIO

Although non-compliance with regulations can attract exorbitant fines, many pharma companies still depend on manual process for these value chains. The pharmaceutical industry is a highly regulated one, especially for multinationals doing business across the globe.

Banking 596
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How genAI is transforming financial services

CIO

It makes banks more data-driven and insightful, enhancing decision-making; providing deeper insights; and achieving greater agility, personalized customer service, and automation. Enriched data allows banks to create a comprehensive picture of customer behavior, enabling personalized services and accurate risk assessments.

Banking 730
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Powering the future: How Gen AI and AI illuminate utility companies

CIO

John Villali, research director for IDC Energy Insights 2 , explains: “Operational segments across the utility value chain have established use cases that have proven to be beneficial to utilities. And by 2028, the AI spend is likely to more than quadruple to 14.257 billion USD.

Alliance 856
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How Cairn Oil & Gas taps its network of 2,000 startups to fuel innovation

CIO

Cairn Oil & Gas is on a mission to transform its value chain. While banks might be expected to work with fintechs or agribusinesses with agritechs, most people don’t typically associate energy companies with startups. Even more notable about this system for AI-based system surveillance is its source.

Startups 744
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3 powerful lessons of using data governance frameworks

CIO

When there’s no sharing, there are no use cases that span the value chain. The biggest value comes when you can implement end-to-end use cases—combining manufacturing with sales forecast planning, for example.” All three require you to look across the value chain,” says Hennig.

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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO

It has also made significant acquisitions, notably of Newfoundland-based Verafin, whose AI-based financial crime management solution supports 2,400 banking customers globally. To power its pivot, Nasdaq restructured into three divisions: Market Platforms, Capital Access Platforms, and Anti-Financial Crimes.

Banking 724
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Volkswagen drives the automotive industry cloud forward

CIO

Banking on industry cloud One such service VW has developed, Paint IT, is a cloud monitoring system that evaluates various aspects of an automobile’s paint coating criteria, such as layer thickness, color tone, and structure, which may be sold to interested parties.

Banking 659