Results tagged “US”

Automation, AI and the Opportunities of Lifelong Learning

Automation, AI and the Opportunities of Lifelong Learning

While debates and discussions across forums are focusing on automation, costs reduction and job loss - the inevitable throes of massive transformation - we at Infosys believe in taking a deeper perspective, and rather look at the future that will be born out of this change. There are significant roles that stakeholders across the spectrum, from government, to academics, to businesses and non-profits, can play in collaborating to shape the skills and competencies needed to be successful. Infosys' strong tradition of learning and education has equipped us to adopt this approach of always looking forward to the innovations and skills of the future, and at the same time, has created a culture of lifelong learning, where every opportunity is new and provides growth.

We believe the future need not be an increment of our past or present - and this time around, it could be a significant shift. The exponential rise of computing power at fraction of the cost, as well as rapid miniaturization of hardware that can correspondingly support this, are fundamentally making all of this possible - bringing about the onset of the age of automation and AI.

Protecting Patient Health Information - A Hard Look

Protecting Patient Health Information with the 'Zero Trust Model'

In the recent past, information systems in healthcare organizations have become vulnerable to hacking. This in turn is making patient data susceptible to misuse. A study in 2016, pegged the cost of data breaches in the healthcare industry at $6.2Bn . While some of these were small, the major ones affected millions of people. As in the case of Banner Health, one of the largest nonprofit health systems in the US, which suffered a data breach in 2016 that compromised the details of 3.7 million patients. Hackers gained access to the organization's data through the point of sale (PoS) system.

A reason why healthcare organizations have become soft targets for hackers is because they store a large amount of sensitive customer data. Usually this data is stored in a single database. So when hackers gain access, they access the entire cache. This personally identifiable and health-related information is also valuable to organizations in a number of other industries. In this blog post, I highlight areas that make healthcare organizations vulnerable to hackers and discuss possible ways to address the problem.

Five Ways in Which AI Is Changing Banking As We Know It

Sense, Analyse, Engage: How to Successfully Monetize Your Fan Ecosystem (Part 1)

There was a time when every neighborhood bank in North America and Europe was acquired by or merged with a larger institution. By 2000, global mega-banks offered fewer choices to consumers looking for competitive interest rates and other services. But the too big to fail banks are now facing competition because of a resurgence of customer-friendly, local banks. There is an even bigger challenge: Technology companies have been applying for financial licenses that would allow them to enter the digital payments space.

As traditional banks grapple with the challenges posed by FinTechs, legacy constraints and traditional operational models, artificial intelligence (AI) is emerging as the savior. In a recent survey that Infosys commissioned on AI adoption across industries, 23% of the nearly 250 respondents, in the financial services sector, confirmed that AI technologies have been fully deployed in their organizations, and these are also delivering up to expectations; 47% of the respondents view AI as being fundamental to the success of the organization's strategy.

Bet You Won't Have Time To Read This Post Today

Bet You Won't Have Time To Read This Post Today

Today is Cyber Monday here in the US, and we are inundated with steals and deals. These range from lunches to gaming consoles, furniture to holidays. As the energy of the day takes over, it's not uncommon to have family and friends glued to their mobiles, filling up their carts with stuff they have been coveting for weeks- even months perhaps.

But first there was only Black Friday- the day after Thanksgiving when American retailers officially kicked off the holiday shopping season. In the last decade - never to let a lucrative opportunity pass them by - retailers devoted the following Monday to their virtual shop, and Cyber Monday was born. But something else was born along with it: the special 'one-day event' in the retail scheme of things. Aren't we all familiar with the 'manic Monday', 'terrific Tuesday' and 'wacky Wednesday' offers? Ask any marketing expert and she'll tell you that creating a sense of urgency appeals to the human psychology and is a well-tested method to sell merchandise rapidly.

AT&T's Business Transformation: From Connectivity, to Services, to Experiences

AT&T's Business Transformation: From Connectivity, to Services to Experiences

Last Saturday AT&T's CEO Randall L. Stephenson announced that AT&T Inc. has reached an agreement to buy Time Warner Inc. for $85.4 billion, including the Time Warner Inc's debt and cash, the purchase is valued at $108.7 billion. AT&T has agreed to pay $107.50 a share, evenly split between cash and stock and when the deal finally closes, Time Warner shareholders will own 14.4 % -- 15.7% of AT&T shares.

This is a landmark in the history of AT&T, as with this announcement, they have transitioned from a communications company to a media conglomerate. This will result in the largest vertically integrated media company, with a combined market capital of over $300 billion (AT&T has a current market capital of $230.64 billion and Time Warner Inc. has a current market capital of $69.7 billion). With this acquisition, AT&T will be able to combine content from Time Warner, a vast library of TV and movie properties, including HBO, CNN, TBS, TNT, Cartoon Network, and the Warner Bros. film studio, home to the Harry Potter and DC Comics franchises entertainment, with AT&T's distribution network of mobile services, broadband and TV in the U.S., Mexico and Latin America.

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