Cortex is excited that Jonathan Hobday will be speaking at the Intech, Information Technology Matters Forum on Wednesday 11th April 2018. The event is being held at Lloyd’s Old Library and brings together Insurance companies looking to adopt the latest digital innovations in insurance and leading technology specialists.
In today’s world, there is no escaping the market interest and expectations of AI and Intelligent Automation. Technology surveys and reports are seeing a continued focus on uptake and adoption as organisations look to capitalise on digital transformations.
Gartner predicts that by 2020, AI technologies will be a top-five investment priority for more than 30% of CIOs*. In their recent spending guide, IDC forecast that Worldwide spending on cognitive and artificial intelligence (AI) systems will reach $19.1 billion in 2018, an increase of 54.2% over the amount spent in 2017**.
In February 2018 HfS released a survey report from their interviews with 80 insurance industry leaders where they had asked what were the key business drivers being directed from the C-Suite. Classed as ‘Mission critical’ was the need to drive down operating costs (59% of respondents) followed by the need to invest in AI technologies and machine learning to reduce the reliance on mid/high skilled labour (32% of respondents)***.
Cortex has been working with Insurance organisations across the globe transforming the way they operate through the adoption of Intelligent Automation. Cortex goes beyond the market hype and promises, applying proven technology and methodologies to deliver real-world results.
If you are working within Insurance you can REGISTER TO JOIN US on the 11th April to find out where AI and Intelligent Automation can take your organisation.
*Source Applying Artificial Intelligence to Drive Business Transformation: A Gartner Trend Insight Report
** Source IDC Worldwide Semiannual Cognitive Artificial Intelligence Systems Spending Guide
*** Source Insurance Customers Demand Intelligent Automation