Many insurers are hesitant to invest aggressively in AI & ML initiatives given that the ROIC is difficult to quantify. This conservatism combined with market disruption bodes well for technology & service providers that offer an Outsourcing option with a demonstrable ROI. Examples include Accenture, EXL Service, IBM Global Services and SS&C Technologies. Plus - … Continue reading We Expect Outsourcing Providers to Gain Traction with Insurance CarriersPremium
Financial Institutions May Recover Lost Glory If They Aggressively Adopt Technology Fee Compression As Far As The Eye Can See Long gone are the days of white-collared shirts, suspenders and fat fees. The Financial Services industry is reducing headcount across the board. No pocket of the capital markets is immune. Investment Banks, Depository Institutions and … Continue reading Will Financial Institutions Learn to Stop Worrying and Embrace Technology?Premium
For the past few years I've poked around the machine learning ("ML") and artificial intelligence ("AI") space. I advised Boston-based DataRobot back in 2014 when they started to build their machine learning platform. I've thought about how we at CEORater may leverage ML to score CEOs and companies. Typically when we read about ML and … Continue reading SS&C Technologies: Multi-Tenant Machine Learning at Scale
Regular readers know that we are partial toward Technology Founder CEOs vs. hired CEOs as a general rule. Our experience is that founder CEOs are generally better than hired CEOs at anticipating customer market needs, in many cases before customers know they have a need. Founder CEOs care deeply about details of the business that … Continue reading CEORater Technology Founder CEO Index Significantly Outperformed YTD
Human Capital is Key “It’s people! Soylent Green is people!” shouted Charlton Heston’s Robert Thorn in 1973’s Soylent Green. Fast forward 45 years and people remain central to the process. Although the process we refer to isn’t recycled human foodstuff but rather the global economy where Intellectual Capital provides economic sustenance and Human Capital is … Continue reading It’s People! It’s People!
Amazon's straight-through-processing ("STP") retail experience provides the company with an edge vs. Google in the AI war: Visual output from our Amazon Alexa query - "Buy Amazon Echo": Consumers may execute the purchase transaction with one or two instructions. This is true for millions of products sold via Amazon's retail platform. Amazon provides consumers with … Continue reading Amazon’s Retail Experience Provides the Company with an Edge vs. Google in the AI War.