Operating rooms are a significant source of revenue for healthcare organizations — and a main contributor to costs. As such, any cost savings in operating rooms can have broad financial impact on a healthcare facility’s bottom line. One of the main reasons for the lower efficiency of operating rooms is the excessive amount of time taken…
Although bullish on the prospects for AI to automate many work activities, McKinsey acknowledges it’ll take several decades for this to happen at any scale. CIOs and other executive leaders should keep this in mind amid the hype and wild claims made by many vendors and consultants. There are a number of reasons why meaningful…
SAP has agreed to buy German enterprise architecture management specialist LeanIX, hoping its early adoption of AI will help with the massive task of migrating customers still using SAP’s legacy software on premises to the more modern S/4HANA in the cloud. LeanIX has around 1,000 customers for its EAM SaaS offering, its CEO André Christ…
Innovation has a different meaning for every organization. At Discover® Financial Services, it lies at the heart of the company’s business goals and growth. And it boils down to one core concept: a relentless commitment to improving the way people work and enhancing the careers of engineers. “Innovation is about modernization, it’s about optimization,” said…
A company’s journey to digital transformation heavily depends on the processes put in place to support the effort. You need the right people. You need the right technology. But without proper attention paid to the processes that support these — call it the third leg of the proverbial stool — the effort to modernize breaks…
As a fintech company, the reliability of our products and services is critical to ensuring that Discover® Financial Services customers can access their money, credit, and accounts when they need to. Like many other companies, Discover has adopted a product-centric approach where the responsibility for reliability sits with the product teams. My team at Discover…
The speed at which artificial intelligence (AI)—and particularly generative AI (GenAI)—is upending everyday life and entire industries is staggering. Slowing the progression of AI may be impossible, but approaching AI in a thoughtful, intentional, and security-focused manner is imperative for fintech companies to nullify potential threats and maintain customer trust while still taking advantage of…
The era of the multi-cloud landscape is here. CIOs are taking deliberate action by proactively matching workloads and applications with the ideal cloud, and companies are also seeing a proliferation of multi-cloud architectures created by mergers and acquisitions, data sovereignty needs, support for remote work, and shadow IT. This is leading to a multi-cloud approach…
When it comes to safeguarding people and nations, innovation can never rest. That’s why, around the world, governments and the defense industry as a whole are now investing and exploring generative artificial intelligence (AI), or large language models (LLMs), to better understand what’s possible. At first blush, it seems that generative AI and LLM tools…
Production lines, networks, call centers: every aspect of your organization is being revolutionized in different ways by technology such as AI, automation, edge computing and the many flavors of cloud. Additionally, many employees now work from home part- or full-time, using a range of corporate-issued or personal devices outside the traditional network perimeter. All these…