Tue.Apr 16, 2024

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Accelerating Industry 4.0 at warp speed: The role of GenAI at the factory edge

CIO

It’s Wednesday night. You’re fast asleep aboard the USS Enterprise Star Trek. Suddenly, you wake to an urgent announcement and rush to the bridge of the starship. Captain James T. Kirk is activating warp drive and you see the iconic blurred streaks of light as the spaceship reaches warp speed. Within seconds, you are traveling faster than the speed of light to reach a Klingon war in the Alpha Quadrant–arriving in minutes versus years.

Travel 535
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New AI Startups Surpass ChatGPT for Legal Solutions

Smart Data Collective

Unleash the power of new AI startups transforming legal solutions, surpassing ChatGPT's performance. Elevate your legal processes today!

Startups 274
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Skills-first hiring has CIOs rethinking talent strategies

CIO

Jason Snyder faces the same challenge nearly all CIOs encounter when looking to fill open positions: a tight labor market, where fierce competition for workers has meant months-long vacancies. Snyder, secretary of the Executive Office of Technology Services and Security and Commonwealth CIO for Massachusetts, responded by overhauling the agency’s recruitment and retention practices.

Education 497
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Why the Best Accident Lawyers Are Using AI

Smart Data Collective

Lawyers are becoming more dependent on AI technology, which is helping them get better settlements for customers in ride-sharing accidents.

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Prepare Now: 2025s Must-Know Trends For Product And Data Leaders

Speaker: Jay Allardyce, Deepak Vittal, Terrence Sheflin, and Mahyar Ghasemali

As we look ahead to 2025, business intelligence and data analytics are set to play pivotal roles in shaping success. Organizations are already starting to face a host of transformative trends as the year comes to a close, including the integration of AI in data analytics, an increased emphasis on real-time data insights, and the growing importance of user experience in BI solutions.

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How to be the CIO every company wants

CIO

Companies expect a lot from their CIOs: integral knowledge of the business, visible financial results, and agility, as well as the ability to manage change, actively collaborate with business leaders, and explain IT in plain English. It’s a tall order that requires a broad spectrum of skills. It once prompted a CFO contemporary of mine to say, “I’m glad you’re the CIO.

Finance 468

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People-centric planning: Fund people, not work

CIO

Technological innovation has continued to accelerate, providing capabilities and advantages that would have been unimaginable just a short time ago. The problem is that technology planning and funding approaches continue to look very much like they did 30 years ago. In this post, I’ll look at some of the key problems these legacy approaches pose, and I’ll outline why a new approach, people-centric planning, is now key to success.

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Data Mining Helps Dropshipping Companies Discover Products

Smart Data Collective

Data mining technology is a huge benefit for dropshipping companies that are trying to find new products.

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Generative AI sparks family business renaissance: PwC report

CIO

The next generation of leaders in family businesses is poised to embrace the transformative power of generative AI (GenAI) despite marked resistance from the incumbent leaders, according to a PwC report. The global report, based on a survey of over 900 NextGen individuals aged between 18 and early 40s, was aimed at understanding family businesses’ “Success and Succession in an AI World.

Business 397
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2024 Is a Transitional Year for GenAI and PCs

TBR

PC vendors are embracing the AI PC in hopes that this new offering will propel a vigorous recovery from the recent post-pandemic slump in PC sales. There are, however, only a few unexciting current AI applications that take advantage of the new AI hardware. Compelling applications that rely on PC and smartphone hardware will become available starting in 2025.

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Gain a Competitive Edge With This Scenario Planning Toolkit

In a world where uncertainty and change are constant, scenario planning empowers companies with the agility and competitive edge needed to thrive. Download the toolkit to fortify your business strategy , set up your competitive positioning , and ensure your company is poised to respond to any future scenario.

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Trasformazione digitale e sostenibilità: ecco come i CIO affrontano la sfida

CIO

La trasformazione digitale è un percorso a tappe e, per molti CIO italiani, passare di livello due vuol dire sistematizzare i progetti in ottica di data-driven company mettendo al centro la sostenibilità. Se già la continua ridefinizione del ruolo del Chief Information Officer non fosse abbastanza, ecco gli obiettivi ESG (Environment, Sustainability, Governance) diventare un’altra parte essenziale del suo compito.

KPI 195
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Overcoming Real-Time Data Integration Challenges to Optimize for Surgical Capacity

Dataversity

In the healthcare industry, surgical capacity management is one of the biggest issues organizations face. Hospitals and surgery centers must be efficient in handling their resources. The margins are too small for waste, and there are too many patients in need of care. Data, particularly real-time data, is an essential asset. But it is only […] The post Overcoming Real-Time Data Integration Challenges to Optimize for Surgical Capacity appeared first on DATAVERSITY.

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Competitive Portfolio Positioning in Asset Management: The Power of Generative AI

Alpha Sense BI

Across the investment industry, asset managers have felt the effects of lingering economic uncertainty. Over the last couple of years, macroeconomic factors—such as record high inflation, persistent interest rate hikes, market volatility, and geopolitical tensions—have created a difficult environment for both asset managers and investors. The pressure to generate net positive returns on behalf of clients has become an increasingly challenging task.

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Innovation in Annuities- Higher Rates, Index Offerings Drive Record Sales

Wink Intel

Bloomberg Intelligence (BI) is hosting a webinar on Innovation in the Annuity Market on April 18 at 10AM EST. Please join us for a fireside chat with insurance industry experts Sheryl J. Moore , Alan Grissom and Carrie Freeburg, ASA, MAAA , as well as an economic perspective from BI economist Stuart Paul. Registration Link: [link] The post Innovation in Annuities- Higher Rates, Index Offerings Drive Record Sales appeared first on Wink, Inc.

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Business Intelligence 101: How To Make The Best Solution Decision For Your Organization

Speaker: Evelyn Chou

Choosing the right business intelligence (BI) platform can feel like navigating a maze of features, promises, and technical jargon. With so many options available, how can you ensure you’re making the right decision for your organization’s unique needs? 🤔 This webinar brings together expert insights to break down the complexities of BI solution vetting.

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7 states adopt AI rules; insurer compliance called ‘significant lift’

Wink Intel

Seven states are on board with guidelines for use of artificial intelligence that insurers “are expected” to follow. Adopted by the National Association of Insurance Commissioners and sent to the states in December, the AI framework is an initial regulatory effort to gain oversight over the rapidly evolving technology. Momentum for AI regulation in the insurance sector “is definitely growing,” said Mary Jane Wilson-Bilik, partner at the law firm Eversheds Sutherland.

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OMB completes review of Labor Department’s polarizing fiduciary rule

Wink Intel

The White House Office of Management and Budget announced that it has concluded a review of the Department of Labor’s controversial fiduciary rule. The review is the final big hurdle before the rule is published in the Federal Register. OMB is still scheduled to meet with stakeholder groups through April 15, but the agency indicated on its website that its official review completed Wednesday.

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Iowa advisor schemed to defraud clients, making FBI Most Wanted list

Wink Intel

An advisor wanted for allegedly ripping off clients for $1.5 million was captured by the FBI last week after a short time on the run. William Jack Berg, 51, is charged with money laundering and several counts of wire fraud, according to an indictment filed in U.S. District Court for the Southern District of Iowa. Berg sold life insurance, annuities, and similar products and also acted as a financial advisor, the indictment says.

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Empower reaches tentative deal with 13 ex-advisors it sued for poaching

Wink Intel

Empower has reached a settlement agreement with 13 advisors who left the firm to create a competing advisory business. In a federal lawsuit filed March 13 in Colorado, Empower accused the firm, known as Atomi Financial, of misappropriating its trade secrets and using the trade secrets to steal its clients. Atomi does business as Compound Planning, with offices in San Francisco and New York.

IT 40
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Are Your Impact Comms Resonating With Stakeholders?

Whether your organization is at the start of its sustainability and impact journey or years into it, many brands share a common concern: the uncertainty of whether they are sending stakeholders mixed messages. Creating content that speaks to your audience's “love language” can be a tricky dance. But, worry not! 3BL has put together tips to ensure that your content not only finds its rhythm but also resonates with your target audiences.

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Globe Life accused of rampant insurance fraud by short-seller report

Wink Intel

Globe Life is reeling after a report Thursday accused brokers at subsidiary American Income Life of widespread insurance fraud, including writing policies for dead and fictitious people, and an alleged kickback scheme that netted millions for senior executives. Shares of Globe Life dropped more than 50%, following the report from Fuzzy Panda Research, which took a short position on the company.

Loss 40
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Panel to look at growth of RIAs, as channel grows in number, assets

Wink Intel

The number of Registered Investment Advisors is growing faster than all sales channels in both number and assets under management, according to several surveys. For the past 10 years, the number of independent RIA companies has grown at a compounded annual rate of 2.4% with the number of advisors growing at a rate of 5.3% a year. All other channels were flat or showed declines, according to Cerulli Associates, a wealth and asset management firm.

Sales 40
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Opinion How did so many Americans’ retirement money end up in Bermuda?

Wink Intel

Without meaning to, the world’s soccer fans and sportswriters have opened a window into the secretive but influential world of Bermuda reinsurance. Just a glimpse is enough to raise concerns about the retirement security of millions of Americans. We’re talking here about people who have either earned a defined-benefit pension at work or bought an annuity from a life insurer.

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Pacific Life Debuts Indexed Life Product for High-Net-Worth Customers

Wink Intel

The rollout comes at a promising time for the product segment. In the fourth quarter of 2023, sales of indexed life, including indexed universal and whole insurance, totaled $799.1 million, a 5% rise from a year earlier, according to Wink ‘s Sales & Market Report. Sales of indexed life insurance for all of 2023, the firm noted, surpassed 2022’s record high by 3.6%.

Sales 40
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How To Speak The Language Of Financial Success In Product Management

Speaker: Jamie Bernard

Success in product management goes beyond delivering great features - it’s about achieving measurable financial outcomes that resonate across the organization. By connecting your product’s journey with the company’s financial success, you’ll ensure that every feature, release, and innovation contributes to the bottom line, driving both customer satisfaction and business growth.

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Are you aware of consumers not being “made whole,” in the wake of an insurance company insolvency?

Wink Intel

I recently began researching the NATIONAL ORGANIZATION OF LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATIONS. This is the organization that ensures that consumers receive as much as [$250,000] of their annuity back, in the event of an insurance company insolvency. Over the past year, I have heard stories about customers not receiving their full $250,000 back, when Executive Life failed.