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Huawei unveils four strategic directions for the future of finance

CIO

Finance is poised to undergo a transformation, as Artificial Intelligence (AI) steps in to make real-time decisions using vast data sets. This vision was outlined by Jason Cao, CEO of Global Digital Finance at Huawei, during Huawei Intelligent Finance Summit 2023.

Finance 587
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How Big Data Impacts The Finance And Banking Industries

Smart Data Collective

Typically, this approach is essential, especially for the banking and finance sector in today’s world. Right now, Big Data tools are continuously being incorporated in the finance and banking sector. Here are a few of the advantages of Big Data in the banking and financial industry: Improvement in risk management operations.

Finance 356
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Building resilient infrastructure: the key to cloud-native, real-time decision-making

CIO

Finance is poised to undergo a transformation, as Artificial Intelligence (AI) steps in to make real-time decisions using vast data sets. This vision was outlined by Jason Cao, CEO of Global Digital Finance at Huawei, during Huawei Intelligent Finance Summit 2023.

Finance 499
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ServiceNow boasts industry-first gen AI general availability with Vancouver release of Now

CIO

One advantage of the text-and-typing interface, she said, is that it can be used with voice-to-text entry and screen readers. When it comes to domain specific knowledge that we need for ServiceNow, we build our own LLM.” It’s too early to say whether there’s any advantage to being the first mover, though, according to IDC’s Elliot.

Finance 681
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3 things that make a CIO-CFO dream team

CIO

How well the CIO understands finance : “The CIO should run IT like a business within a business,” says McGittigan. There are many advantages to reporting to the CFO—as long as the relationship is based on trust and constructive growth discussions.” Most CIOs don’t have the benefit of a background in finance.

Finance 684
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Grounding sky-high cloud costs: 3 hot tips

CIO

There are a few ways to do so: How to pay less for cloud services Take advantage of today’s shifting market competition and reevaluate your current providers’ offerings – existing players are losing their dominance while others are rising in prominence.

Win 553
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10 cloud strategy questions every IT leader must answer

CIO

This makes cloud costs a target for finance teams and executives.” Are we taking advantage of cloud-native benefits? Instead, his team employed DevOps practices to rearchitect applications to take advantage of native cloud capabilities. A knowledgeable and motivated team working together can achieve great things.”

IT 873