The latest annual report from the IBM Institute for Business Value reveals that Generative AI is becoming increasingly important in business, with 60% of CEOs stating that competitive advantage relies on advanced generative AI. However, more than half of the CEOs surveyed are facing challenges in filling key technology positions essential for driving innovation. To … Read more
FWD Group, a multinational insurance company, has entered into a five-year agreement for technology services with Amazon Web Services (AWS) as part of its cloud-first strategy. AWS will host core business applications for FWD, providing agility, scalability, and resiliency as the company transitions away from on-site data centers. Past collaborations with AWS include the development … Read more
Rimini Street, a provider of enterprise software support, has launched new offerings, Rimini Support, Rimini Protect, and Rimini Consult, for VMware perpetual license customers as VMware moves to a subscription-based licensing model. These services include guaranteed priority support response, global support and consulting services, proactive security protection, and consulting services to align technology strategy with … Read more
Oracle Financial Services Software (NSE:OFSS) experienced a 2.0% drop in its share price recently. Despite this, the company’s fundamentals appear strong, and its long-term financials are in line with future market price movements. One key metric to watch is the Return on Equity (ROE) for Oracle Financial Services Software. ROE is a measure that assesses … Read more
Retrieval Augmented Generation (RAG) models have been developed to improve the capabilities of language models by incorporating external knowledge from large text corpora. Despite their success in various natural language processing tasks, RAG models still have limitations such as missing content, reasoning mismatch, and challenges in dealing with multimodal data. To address these shortcomings, a … Read more
Cleo and Terillium have recently formed a partnership to offer Oracle customers a customizable solution for their Electronic Data Interchange (EDI) needs. The collaboration aims to provide flexibility and support for businesses looking to meet their unique EDI requirements. Cleo, a leading provider of EDI software and solutions, has joined forces with Terillium, a renowned … Read more
During the Think Conference 2024, IBM announced significant changes to its Watsonx platform to enhance the accessibility, affordability, and flexibility of its AI capabilities. CEO Arvind Krishna emphasized the importance of open innovation in AI and announced initiatives to contribute to the open-source AI community. One key initiative is the open sourcing of IBM’s Granite … Read more
Google is now entering the competition to win lucrative government contracts that have long been dominated by Microsoft. This move reflects Google’s increasing interest in expanding its presence in the government sector. As more companies vie for these contracts, it highlights the growing importance of technology in government operations. The competition between Google and Microsoft … Read more
CarNow, a provider of automotive digital retail software, has recently become a software partner of the Amazon Web Services Partner Network (APN). This partnership allows CarNow to utilize AWS generative artificial intelligence tools to enhance the customer experience and optimize business operations for auto dealers. By joining the APN, CarNow gains access to resources and … Read more
In the ever-evolving realm of artificial intelligence (AI), the emergence of generative AI models has paved the way for personalized and intelligent experiences. Organizations are harnessing these language models to drive innovation and enhance their services, ranging from natural language processing to content generation. To effectively leverage generative AI models in an enterprise setting, custom … Read more