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Soaring healthcare costs have been pushed to the top of government budgets around the globe because of a distorted reimbursement model. In a recent study…
Reimagining Business Models in Life Sciences
Highly regulated and strictly adherent to predictable, validated outcomes, the life sciences industry is now facing a unique disruption of its own – brought on…
Banks Explore New World of Customer Convenience With Virtual and Augmented Reality
Virtual and augmented reality are poised to disrupt modern banking, offering customers an immersive experience in ultra-personalized convenience. I put on a head-mounted device (HMD)…
Whatever the Question, AI Is the Answer Because Nobody Likes Calling Customer Service
“Give us your superstar customer service representative, and we’ll provide an AI application that replicates their behavior, reducing problem resolution time from 10 minutes to…
We Are Underestimating Blockchain’s Value, Despite the Hype
Just when I thought blockchain hype was hitting the over-saturation mark, I had a conversation with Joe Fox, senior vice president of Business Development and…
SAP’s Torsten Zube Reveals the Truth Between Extremist Views on Blockchain
Torsten Zube, blockchain lead at the SAP Innovation Center Network, sat down to talk about which blockchain use cases will burst forth from the hype to…
The Role Of AI In Financial Trading – It’s Not What You Think
The financial industry has been all over artificial intelligence (AI) supporting front-end trading processes, leaving much of the rest of the business in the last…
FIS Joins Forces with SAP to Implement IFRS 17 Globally
The new International Financial Reporting Standard 17 (IFRS 17) will significantly change the way insurance contracts are measured and reported on. Under IFRS 17, insurers…
Danish Insurer Tryg Uses SAP SuccessFactors to Boost Sales, Customer Satisfaction
Companies in just about every industry are competing on the basis of the experience they deliver to increasingly demanding customers. Nowhere is this trend more…
Why This Brilliant Startup is Co-Innovating with SAP on AI
Of all the big trends this year, artificial intelligence (AI) is one of the hottest growth areas. IDC predicts that in just two years, 40…
Why Insurance Will Be Bigger — and Invisible — In 20 Years
You might want to take a mental snapshot of what insurance looks like, because children born today could make up the first generation that won’t…
SAP and Ovum Report Says Insurance Model Will Be Radically Different in Five Years
NEWSBYTE — A recent report from SAP SE (NYSE: SAP) and Ovum titled “Technology Transformation in the Global Insurance Industry” states that, to remain competitive,…
Global Insurance Group Ageas Adopts Industry’s First End-to-End Enterprise Insurance Software in the Cloud Thanks to SAP
WALLDORF — SAP SE (NYSE: SAP) today announced that Ageas, an international insurance group with a heritage spanning more than 190 years, has purchased the…
Tackling the Top 3 Workforce Risks in Financial Services
Some economies may be rebounding, but a study from Oxford Economics entitled “Workforce 2020” shows companies across the financial services industry don’t necessarily understand the import or…
SAP Survey Reveals Insurers Prioritize Speed and Agility for Product Innovation and Enhanced Customer Experience
WALLDORF — Insurers are seeking speed and agility throughout their infrastructure for innovative product development and an enhanced customer experience, reveals a survey by SAP…
New York Life Selects SAP to Transform Finance into Strategic Enabler for Insurance Business
NEW YORK — New York Life, one of the largest mutual life insurers in the world, has selected SAP AG to enable an enterprise-wide financial transformation in…
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