Artificial intelligence (AI) is particularly effective at improving efficiency and user experience in scaled, repetitive, data-rich processes—common in regulated industries like banking and insurance. Although these industries… Article Source https://aws.amazon.com/blogs/enterprise-strategy/innovating-with-ai-in-regulated-industries/
The rapid incorporation of artificial intelligence (AI) in companies has surprised many, with traditionally slow-moving sectors like healthcare and finance leading the charge. Matt Wood, global vice president of AI products at Amazon Web Services, notes that even 160-year-old life insurance companies are at the forefront of AI adoption. These companies are leveraging AI to … Read more
As companies across various industries race to incorporate artificial intelligence into their operations, Matt Wood, global vice president of AI products at Amazon Web Services, has noticed a surprising trend. The early adopters of AI technology are companies typically known for being slow to change, such as those in regulated industries like healthcare, life sciences, … Read more
In the fast-paced world of artificial intelligence, Matt Wood, global vice president of AI products at Amazon Web Services, has observed that companies traditionally slow to change are leading the charge in AI adoption. Surprisingly, regulated industries such as healthcare, financial services, insurance, and manufacturing are embracing AI at an accelerated pace. Wood’s recent visit … Read more
San Jose-based global networking and security solutions provider Cisco has recently expanded its Meraki offerings in India by introducing a new cloud region in the country. This new cloud service will allow companies to host their data locally, providing the opportunity to access more regulated sectors such as finance, banking, and public sector companies while … Read more