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Banks bet on AI to deliver digital efficiencies

CIO

The Global Banking Benchmark Study 2024 , which surveyed more than 1,000 executives from the banking sector worldwide, found that almost a third (32%) of banks’ budgets for customer experience transformation is now spent on AI, machine learning, and generative AI.

Banking 530
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Morgan Stanley’s gen AI launch is about global analysis

CIO

Deep analytics Aaron Cirksena, founder and CEO of MDRN Capital, said the real value for Morgan Stanley in this move is getting into deep global analytics insights, building on the hoped-for data consistency through one centralized offering. “It It is going to make their data analysis far better.

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The unstoppable rise of AI in healthcare: What to expect at GITEX GLOBAL 2024

CIO

AI is revolutionizing the healthcare industry, GITEX GLOBAL 2024, marking its 44th edition in Dubai between 14 and 18th October with a huge focus on how AI takeover in healthcare is unstoppable, with health industry leaders betting big on AI’s transformative potential.

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The targeted approach to cloud and data CIOs need for ROI gains

CIO

“Our digital transformation has coincided with the strengthening of the B2C online sales activity and, from an architectural point of view, with a strong migration to the cloud,” says Vibram global DTC director Alessandro Pacetti. Snowflake has also made data management much easier for us,” Paleari adds. “We

Commerce 448
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AI Driving the future of UAE enterprises: 59% of business leaders plan to increase investment in advanced technologies

CIO

Technical skills such as AI and ML or data analysis continue to be important, but there is now a higher demand for soft skills like digital literacy, team leadership and critical thinking.

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Making AI accessible leads to greater innovation

CIO

It’s difficult to visualise the true scale of AI, as it’s almost certainly more than you imagine – it’s going to contribute more to the global economy than the current GDP of India and China combined. PwC research suggests that AI could contribute as much as $15.7

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10 projects top of mind for IT leaders today

CIO

Tech services provider Logicalis found in its 2024 Global CIO Report that 89% of CIOs reported “actively seeking opportunities to incorporate AI capabilities into their companies,” making it the No. Customer experience Data analysis also feeds into another area of increasing focus for CIOs in 2024: customer experience.

IT 533