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Volkswagen drives the automotive industry cloud forward

CIO Business Intelligence

Banking on industry cloud One such service VW has developed, Paint IT, is a cloud monitoring system that evaluates various aspects of an automobile’s paint coating criteria, such as layer thickness, color tone, and structure, which may be sold to interested parties. Automotive Industry, Cloud Computing, Digital Transformation

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Why AI Is The Future Of Cybersecurity

CTOvision

Capgemini Research Institute surveyed 850 senior executives from seven industries, including consumer products, retail, banking, insurance, automotive, utilities, and telecom. You can download the report here (28 pp., PDF, free, no opt-in). 20% of the executive respondents are […].

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Technology’s role in social sustainability

CIO Business Intelligence

Priority technologies by industry Financial Services: Data security and digital chat bots 72 percent of financial services organizations surveyed plan to invest in data security and digital chatbots as customers move from in-person to online banking.

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The Hongqi S9 is the start of a new chapter in China’s automotive story

The Verge

The S9 is meant to serve as a halo car above future fully electric vehicles that FAW will develop in China and in Italy as part of the joint venture with Silk EV — an effort that is backed by some of China’s biggest banks.

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Former director of Seattle startup accused of embezzling $2M in company funds

GeekWire

law enforcement authorities last week arrested a former employee of a Seattle startup who allegedly funneled more than $2 million in company funds to his personal bank accounts. Court documents reveal how Whisenant allegedly made at least 57 unauthorized transfers from Tred to 14 of his own bank accounts. (Tred Photo) U.S.

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Former director at Seattle auto marketplace startup indicted on $2M wire fraud charges

GeekWire

was arrested last month and accused of making at least 57 unauthorized transfers from Tred to 14 of his own bank accounts. The company raised $25 million in September 2021 and was acquired in September of last year by Cox Automotive, the parent company of Autotrader and Kelley Blue Book. According to the U.S.

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Generative AI usage gains traction among enterprises: McKinsey

CIO Business Intelligence

In contrast, manufacturing-based industries, such as aerospace, automotive, and advanced electronics could experience less disruptive effects due to limitations of the new technology’s usage in these industries as most work requires physical labor, the report said.