IBM and Italian bank, Banca Carige, have officially launched Dock, a $500M U.S. joint venture, to bring innovative technologies including AI, big data, analytics and cognitive tools to improve the competitiveness of Carige's more than 500 branches and over 1 million clients.
Analytics & Cognitive News
Cloud Native Consultancy Says App Can Quadruple Contract Analytics Productivity
Time is the single most important asset any business has – and how an organization spends its time ultimately dictates its productivity and success. In business, there are some tasks that are particularly time intensive – and, as a result, particularly costly. One notable example is legal time and costs. Imagine a national retail chain, for example. Lawyers and paralegals spend countless hours poring over the chain's procurement contracts to analyze risk, renewal dates and renegotiation terms – valuable time technology experts say can be largely recaptured with the proper implementation of artificial intelligence (AI). By tapping into the power of sophisticated services like IBM Watson Discovery Services for Element Classification, Coda Global (www.coda.global), a cloud-native consultancy and application developer, has created an AI-based Contract Review Automation solution that can be customized for each client to compare and contrast contractual language, discerning what should and should not be included in a contract, flagging only specific wording in contracts that needs human review. Today, the solution is best suited to procurement environments (i.e., retail, government or real estate), but the organization sees a growing number of use cases on the horizon.
Marsh, a global leader in insurance broking and innovative risk management solutions, in collaboration with IBM, ACORD, and ISN, announced today
By using blockchain technology, Marsh is fundamentally transforming the certificate of insurance process from complicated and manual to streamlined and transparent, allowing clients to speed up necessary business functions such as hiring contractors and transferring risk while increasing coverage certainty.
Holt Logistics Corporation announced today that it has become the first independent port operator in the northeastern United States to conduct a pilot based on a blockchain-based global trade digitization solution developed by Maersk and IBM. The solution is designed to provide transparency and promote the sharing of information within the global trade ecosystem, which in turn can reduce costs, improve productivity and speed the delivery of goods shipped around the world.
First platform to integrate legacy financial systems with multiple blockchain technologies including Hyperledger Fabric, IBM Blockchain, and Ethereum
IntellectEU, the fintech integrator focusing on blockchain networks, today announced Catalyst, a next-generation platform connecting business applications, financial market infrastructures, and modern blockchain networks. Catalyst is the first platform to integrate with multiple blockchain networks including networks built with Hyperledger Fabric.
IBM's new, industry-specific, machine-readable data sets designed to expedite AI training workflows; first kits will serve travel, transportation and food Industries
IBM today announced the launch of IBM Watson Data Kits, which are designed to accelerate the development of AI applications to help support faster, more informed decision making for business leaders. Watson Data Kits will provide companies across industries with pre-enriched, machine readable, industry-specific data that can enable them to scale AI across their business. With expected availability in 2Q 2018, the kits will initially serve the travel and transportation and food industries with Watson Data Kits for travel points of interest and food menus, respectively.
"This fundamental change in our technology platform will make us hyper-responsive to the unique brand of each of the 1,800 college campus web properties we manage," said Roe McFarlane, Chief Digital Officer of Follett Higher Education. "The customizable user interface is a 'mobile first' strategy and supports faster releases and agile site management allowing us to respond quickly with localized content that drives the priorities of each campus on a real-time basis."
Ivy, created by Go Moment, is the world's first automated guest engagement platform for hotels powered by IBM Watson. Caesars Palace and The LINQ Hotel & Casino are the latest Caesars Entertainment resorts to introduce guests to Ivy, which initially launched at the boutique Nobu Hotel at Caesars Palace and The Cromwell in December 2016. Ivy is expected to expand to Planet Hollywood Resort & Casino in February with planned rollouts to the remaining Las Vegas resorts in 2018.