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The adoption of cloud technology by banks is on the rise
The adoption of cloud technology by banks has been on the rise as they seek to lower costs, meet public demand for online services, and manage remote teams. Despite a relatively high adoption rate of cloud services by banks, the overall percentage of bank workloads in the cloud is still low, estimated to be between 8% and 10% of global bank business. Banks tend to first migrate to the cloud for internal business functions such as finance, legal and regulatory compliance, and human resources, while core banking services, which are critical to bank operations such as transaction processing, account updating, and ledger reconciliation, are likely to be the last to adopt cloud technology. The shift towards cloud computing in the banking sector is expected to continue as banks aim to stay ahead of the competition and better serve their customers.
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Exploring the Benefits of Artificial Intelligence in IT Operations
Artificial Intelligence (AI) is transforming the way businesses operate and the IT industry is no exception. AI technology has the potential to revolutionize the way IT teams manage their systems, identify and resolve problems, and optimize performance. The benefits of AI in IT operations are numerous, ranging from increased efficiency and accuracy to reduced downtime and better customer experience.
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AI Ethics: Ensuring Responsible and Ethical Development of Artificial Intelligence
AI ethics refers to the principles and values that guide the development and deployment of artificial intelligence (AI) systems. The goal of AI ethics is to ensure that AI systems are designed, developed, and used in ways that are safe, transparent, accountable, and aligned with human values.
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AI is eating software
Artificial Intelligence (AI) has been one of the most impactful and transformative technologies of our time. It has the power to revolutionize the way we live and work, and it’s changing the software industry as we know it. AI is eating software, and this article will explain why and how.
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How AI is Revolutionizing the Healthcare Industry
Artificial Intelligence (AI) has been making waves in various industries, and the healthcare sector is no exception. From improving patient outcomes to streamlining administrative tasks, AI is changing the way healthcare is delivered and received. Here are some of the ways AI is transforming the healthcare industry.