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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 368
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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 448
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Research: Businesses optimistic as they deploy generative AI

CIO

Respondents represent 12 industries, among them banking, investment and insurance, manufacturing, automotive, retail, healthcare and the public sector. Organisations are increasingly using it to automate parts of the value chain, remove drudgery from human roles and rapidly improve processes.

Research 284
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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 514
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The business value of social sustainability

CIO

Directly or indirectly, companies affect what happens to employees, workers in the value chain, customers and local communities and it is important to manage impacts proactively. For instance, the World Bank estimates a $160.2 NTT’s report , based on a ThoughtLab survey of 250 senior executives with a combined revenue of $2.2

Business 396
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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 435