ai_adoption

Snowflake Urges Parallel AI and Data Modernization Tracks

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Snowflake Urges Parallel AI and Data Modernization Tracks

Global – October 29, 2026 -- Only 5% of enterprises say their data is ready to support AI, although 97% are running active AI initiatives, according to figures cited in Snowflake's new ebook "Break the Sequence."

The ebook targets what Snowflake calls the biggest brake on enterprise AI: the belief that data transformation must be complete before AI work can begin. Snowflake argues that "finished" is an impossible standard, because new applications, regulatory changes, acquisitions and evolving AI models continually reshape the data estate.

Deloitte: 40% of Enterprises Let AI Act Without Human Approval

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Deloitte: 40% of Enterprises Let AI Act Without Human Approval

NEW YORK – October 29, 2026 -- Forty percent of enterprises now allow AI systems to execute decisions without human approval, at least to a moderate degree, while 23% say accountability is unclear when AI produces a negative outcome, according to the Deloitte AI Institute's latest "State of AI in the Enterprise" report.

The survey covered 3,500 director to C-suite leaders across 25 countries and six industries, all directly involved in their companies' AI initiatives. It was conducted between May and June 2026.

Speed gains are widespread, but only 25% are transforming their business

Some 81% of companies report faster decision-making and execution from AI. Only 25% say they use AI to deeply transform the business by creating new products or services, reinventing core processes, or changing business models. For most respondents, AI accelerates existing workflows without changing the work itself.

Qorus-Infosys Finacle Awards Name 37 Banking Innovation Winners

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Qorus-Infosys Finacle Awards Name 37 Banking Innovation Winners

BENGALURU – October 29, 2026 -- Qorus and Infosys Finacle named 37 financial institutions as winners of the 13th Banking Innovation Awards, selected from 538 projects submitted by 206 institutions in 68 countries.

Winners selected across ten categories by peer vote and 81-member jury

The awards span ten categories: Business Model Innovation, Product and Service Innovation, Business Banking Innovation, Predictive, AI-led Value Creation, Operational Transformation and Customer Experience Innovation. They also cover Social, Sustainable & Responsible Banking Innovation, Modern Tech Innovation of the Year, Neobank and Fintech Innovation, and Transformative Innovator of the Year.

Selection combined voting by a community of industry peers with evaluation by a jury of 81 senior global banking executives.

Guidewire Honors Beazley, Definity, RCIS in 2026 Innovation Awards

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Guidewire Honors Beazley, Definity, RCIS in 2026 Innovation Awards

Las Vegas – October 29, 2026 -- Guidewire (NYSE: GWRE) named Beazley, Definity and RCIS winners of its 2026 Innovation Awards at its Connections conference. The wins include Beazley's consolidation of more than 200 marketable products and Definity's first production agentic AI tool for claims intake.

Beazley consolidates 200-plus products on a Guidewire Cloud platform

Lloyd's syndicate and global specialty insurer Beazley implemented Guidewire PolicyCenter and BillingCenter with Capgemini. The European solution was delivered in approximately eight months.

The program rationalized more than 200 marketable products into a condensed, streamlined set, which cut complexity and improved speed to market. Capgemini's AI-enabled delivery model and Guidewire's Advanced Product Designer (APD) established a repeatable "Product Factory" approach for rapid development.

Keyes' 4,000 Florida Agents Join HouseCanary Google Listings Program

SAN FRANCISCO – October 29, 2026 -- The Keyes Company and Illustrated Properties, Florida's largest independent brokerage company with more than 4,000 agents, have joined HouseCanary's Google Listings Program, putting their active listings in Google mobile search in live markets.

Keyes and Illustrated listings now appear in a Google mobile carousel

When consumers search for homes on Google mobile in a live market, Keyes and Illustrated listings will be among those shown in a carousel at the top of the results. Each listing carries basic property details and brokerage attribution. A tap opens a detail page with more information on the home, the listing agent's name and a click-to-contact button.

Easol Raises $30M Series A Extension, Totaling $60M Funding

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Easol Raises $30M Series A Extension, Totaling $60M Funding

NEW YORK – October 29, 2026 -- Experience commerce platform Easol has raised a $30 million Series A extension, bringing its total funding to $60 million. The round combines $20 million in equity with a $10 million debt facility from Viola Credit.

The equity investors are Y Combinator, Tiger Global, Foundation Capital, FMZ Ventures, Notion Capital and Eight Roads.

Easol has served 2.8 million guests in 135 countries so far in 2026

Ben and Lisa Simpson, co-founders of Rise Festival, launched Easol in 2021. The platform serves festivals, wellness retreats, sports operators and location-based entertainment venues, with offices in London, New York and Los Angeles. Customers include Coachella, Stagecoach, Rapha, Boots in the Park, Defected, State of Play Hospitality, Bingo Loco and Swingers - The Home of Revelry.

CodeSignal Launches Agents That Score Employee Skills From Real Work

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CodeSignal Launches Agents That Score Employee Skills From Real Work

San Francisco – October 29, 2026 -- CodeSignal has made Agentic Skills Intelligence generally available. The platform scores employee proficiency from work done in systems such as Salesforce, GitHub and Workday, rather than from keyword scraping or self-ratings.

Specialized agents score live work against psychology-based rubrics

The agents evaluate output from tools including Gong, Salesforce, GitHub, Cursor, Claude, ChatGPT, Workday, Greenhouse and Google Workspace. They score it against structured rubrics grounded in industrial-organizational psychology, the method behind more than 21 million skill evaluations completed on CodeSignal. Each employee gets a profile that is continuously updated from real work, replacing performance reviews, self-ratings and course completions as the source of record.

IMDA, NUH Sign MOI Opening Hospital Challenges to 21,000 Innovators

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IMDA, NUH Sign MOI Opening Hospital Challenges to 21,000 Innovators

SINGAPORE – October 29, 2026 -- Singapore's Infocomm Media Development Authority (IMDA) and the National University Hospital (NUH) have signed a Memorandum of Intent giving technology firms direct access to hospital-defined problems, in IMDA's first Open Innovation Platform (OIP) partnership with a public healthcare institution.

NUH will participate through its Kent Ridge Office of Innovation (KROI), established in April 2024. The deal connects the hospital's clinical and operational teams with the OIP network of about 21,000 innovators and solution providers, spanning startups, technology firms and research institutions. IMDA frames the tie-up as support for Singapore's National AI Strategy in key sectors such as healthcare.

Infoya Ranks 34th on Deloitte Fast 50 With 665% Revenue Growth

OAKVILLE – October 29, 2026 -- Infoya posted 665% revenue growth from 2022 to 2025, placing 34th on Deloitte's 2026 Technology Fast 50 ranking of Canada's fastest-growing technology companies.

Infoya makes the list for a second straight year

The Toronto-headquartered IT solutions provider was named to the Fast 50 for a second consecutive year. Company leadership attributes the growth to an AI-first strategy, continued investment in proprietary AI-powered platforms and client trust. Infoya also says existing clients are expanding their partnerships with the firm.

Ranking rests on four-year revenue growth and R&D spending

The Fast 50 ranks companies by the highest percentage revenue growth over four years. Eligible companies must meet these criteria:

Auto Executives Expect China to Host 6 of Top 10 OEMs by 2035

Berlin – October 29, 2026 -- Fifty-one percent of automotive executives expect software and digital technologies to become their company's most important competitive differentiator by 2035, according to the 26th KPMG Global Automotive Executive Survey. The study polled 775 executives worldwide.

Execution lags ambition. Only 36% of AI and software initiatives have been scaled beyond the pilot phase on average, and 92% of companies need at least twelve months to roll out a new AI, digital or software solution enterprise-wide. More than one-third need over two years.

China expected to dominate the global top 10 by 2035

Forty-eight percent of respondents expect six of the world's ten largest automakers to be headquartered in China by 2035. KPMG's analysis cites China's growing capabilities in electrification, software and digital innovation.