Clover Infotech brings to you a curated round-up of important technology updates for the month of December’24.
#1 Large Savings & Loan Society Modernizes its Core Banking with Oracle FLEXCUBE
Teachers Savings and Loan Society Limited (TISA), a leading savings and loan society in Papua New Guinea and parent company of TISA Bank Limited, has successfully transformed its core banking system with Oracle. As one of the largest credit unions in the Pacific, TISA implemented Oracle FLEXCUBE for Core Banking…CONTINUE READING
#2 Gartner Identifies the Top Trends Impacting Infrastructure and Operations for 2025
Gartner, Inc. highlighted the six trends that will have a significant impact on infrastructure and operations (I&O) for 2025 (see Figure 1). Gartner analysts presented the findings during the Gartner IT Infrastructure, Operations & Cloud Strategies Conference. These trends give the opportunity for I&O leaders to identify future skills requirements and seek insights to help meet implementation requirements…CONTINUE READING
#3 OpenAI’s Sora AI Video Generation Model Launched; Available to Paid Subscribers
OpenAI finally launched Sora, its artificial intelligence (AI) video generation model, on Monday. In February, the company previewed Sora to select individuals, and now, it released a different variant of the model dubbed Sora Turbo. Sora can generate videos in 1080p resolution which can be as long as 20 seconds…CONTINUE READING
By 2028, 30% of Fortune 500 companies will offer service only through a single, AI-enabled channel that allows communication through text, image and sound, according to Gartner, Inc. Multichannel service journeys have become increasingly complex and expensive, leading to a disjointed customer experience and reduced customer retention. Service and support leaders will reexamine omnichannel strategies and leverage advancements in voice-enabled conversational AI…CONTINUE READING
#5 Google Launches New Image and Video GenAIs: Imagen 3 and Veo
Generative AI is leading to real business growth and transformation. Among enterprise companies with gen AI in production, 86% report an increase in revenue, with an estimated 6% growth. That’s why Google is investing in its AI technology with new models like Veo, an advanced video generation model, and Imagen 3, their highest quality image generation model. Goole has built on that momentum at Google Cloud…CONTINUE READING
Eighty-five percent of customer service leaders will explore or pilot a customer-facing conversational generative AI (GenAI) solution in 2025, according to a survey by Gartner, Inc. A Gartner survey of 187 customer service and support leaders conducted in July through August 2024 found 44% of leaders report exploring a customer-facing GenAI voicebot, in addition to 11% who are already piloting this technology, and 5% who have this solution deployed…CONTINUE READING
#7 Oracle Database@AWS Available in Limited Preview
Oracle recently announced the limited preview of Oracle Database@AWS. Customers will now be able to run Oracle Exadata Database Service on Oracle Cloud Infrastructure (OCI) in Amazon Web Services (AWS), starting with the AWS US East Region. Oracle Database@AWS provides customers with a fully integrated experience for deploying, managing, and using Oracle Exadata Database Service…CONTINUE READING
#8 Google’s new Jules AI Agent Will Help Developers Fix Buggy Code
Google recently announced an experimental AI-powered code agent called “Jules” that can automatically fix coding errors for developers. Jules was introduced alongside Gemini 2.0 and uses the updated Google AI model to create multi-step plans to address issues, modify multiple files, and prepare pull requests for Python and Javascript coding tasks in GitHub workflows…CONTINUE READING
#9 Gartner Finance Survey Shows Slower Top Line Growth and Talent Issues Biggest CFO Worries for 2025
CFOs anticipate slower top line growth and talent issues will be the biggest challenges for enterprise performance in 2025, according to December survey by Gartner, Inc. The poll of 250 CFOs and finance leaders, taken during The Top Priorities for CFOs in 2025 webinar, showed CFOs have a range of other concerns including the strategic alignment of executive teams, increases in costs and enterprise data quality…CONTINUE READING
