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IBM Study: Gen AI Will Elevate Financial Performance of Banks in 2025

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Initiatives are maturing from pilots and proofs of concept to targeted, enterprise-wide strategies

ARMONK, N.Y., Feb. 5, 2025 /PRNewswire/ — IBM (NYSE: IBM) today released its annual expectations for technology and transformation in the global financial services industry in the year ahead in the IBM Institute for Business Value 2025 Outlook for Banking and Financial Markets.

Key Insights

Gen AI adoption is set to soar. Only 8% of banks were developing generative AI systematically in 2024, and 78% had a tactical approach. As banks move from pilots to execution, more are redefining their strategic approach to service expansion, including agentic AI. Steady banking convergence is giving way to contrasting financial performance. Re-imagining the business model/processes and, importantly, execution will separate the winners from the rest.60% of banking CEOs surveyed acknowledge they must accept some level of risk to harness automation advantages and enhance competitiveness.1 While over 16% of clients worldwide are comfortable with a branchless, fully digital bank as their primary banking relationship, competition is shifting from mass market digital offers to higher-value services, including embedded finance and advisory services to affluent investors and small and medium-size enterprises (SMEs).

“We are seeing a significant shift in how generative AI is being deployed across the banking industry as institutions shift from broad experimentation to a strategic enterprise approach that prioritizes targeted applications of this powerful technology,” said Shanker Ramamurthy, IBM Consulting’s Global Managing Director Banking & Financial Markets. “As banks and other financial institutions around the world gear up for a pivotal year of investing in transformation, technology, and talent, we anticipate their efforts coalescing around initiatives using generative AI to level up customer experience, boost operational efficiency, reduce risks and modernize IT infrastructure.”

The report shares insights from analysis of industry C-suite leader sentiment, bank customer behavior and economic data from eight major markets—the United States, Canada, European Union, United Kingdom, Japan, China, India, and Japan–and what financial institutions and their ecosystem partners can glean from the trends.

For additional perspective and to download the full report, visit https://ibm.co/2025-banking-financial-markets-outlook.

1.  6 Hard Truths CEOs Must Face: How to Leap Forward with Courage and Conviction in the Generative AI Era. IBM Institute for Business Value. May 2024. https://ibm.co/c-suite-study-ceo

IBM is a leading provider of enterprise AI, hybrid cloud architecture, security and ESG insights to the global financial services sector. Its deep industry expertise, extensive portfolio of services and solutions, and its robust ecosystem of fintech partners, empower collaboration, innovation, and creation with clients. As a trusted partner to banks, insurers, capital markets and payments providers, IBM guides financial institutions on all stages of their digital transformation journeys through IBM Consulting and delivers the proven infrastructure, software, and services they need through IBM Technology. For more information, visit www.ibm.com/industries/banking-financial-markets.

The IBM Institute for Business Value, IBM’s thought leadership think tank, combines global research and performance data with expertise from industry thinkers and leading academics to deliver insights that make business leaders smarter. For more world-class thought leadership, visit www.ibm.com/ibv.

About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.

Media Contact

Mary Ellen Higgins
IBM Global Financial Services Industry External Communications
maryellen.higgins@ibm.com
781.789.1911

SOURCE IBM

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Embracing the AI Era: Huawei Cloud Thailand Launched New Cloud Service Series to Accelerate Enterprises’ Shift to AI-Native

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BANGKOK, March 14, 2025 /PRNewswire/ — Huawei Cloud Thailand successfully hosted the “Intelligence Ignites a New Era: Huawei Cloud Reshaping Thailand’s Digital Wave” technology forum at the Renaissance Bangkok Ratchaprasong Hotel. The forum brought together over 200 business leaders and technology experts to delve into the value of data in the AI era, unveiling a suite of innovative cloud services designed to empower Thailand’s digital transformation with superior AI capabilities.

AI Strategy: A New Engine Empowering Industries
As AI drives the fourth industrial revolution forward, Celine Cao, CEO of Huawei Cloud Thailand, emphasized that: “AI should not be a high-barrier technology. Through open-source collaboration and innovation, every nation can build its own localized intelligent ecosystem.”

Prof. Jing Tang, D. Eng from Chulalongkorn University added, “Enterprises can achieve cost-efficient intelligent transformation by optimizing open-source large models with high-quality data assets. The cultivation of such data will be pivotal to successful AI implementation.”

Huawei Cloud Gives Thailand a Better AI Choice.
Huawei Cloud AI Cloud Service provides diverse, efficient, and stable computing power, enabling businesses and developers to rapidly build large-scale AI applications. The platform not only optimizes mainstream open-source models but also offers a cloud-based toolchain for streamlined development, eliminating complex configurations with one-click access and instant usability.

Technical Breakthroughs: The DeepSeek localization solution, powered by Huawei Cloud AI Cloud Service, reduces deployment cycles from 2 weeks to 2 days and cuts inference costs by 40%, supporting both full-scale and lightweight distilled models.

Scenario-Driven Innovations: Leveraging 30+ industry-specific best practices, Huawei Cloud launched three key solutions:Intelligent Interaction Hub: DeepSeek+Chatbot delivers precise semantic understanding and personalized interactions for high-concurrency scenarios across industries like customer service, education, healthcare, and finance.

Development Efficiency Revolution: DeepSeek+CodeArts boosts deployment efficiency by 20x, reduces code defects by 70%, and enables automated programming with intelligent Q&A and code inspection.

Knowledge Management Upgrade: DeepSeek+KooSearch integrates enterprise data to build unified intelligent knowledge centers.

Cloud Service Portfolio: Building Blocks for Digital Transformation
At the event, James Tan Shijie, Vice President of Solution Sales, Asia Pacific Cloud, announced a series of cloud services to accelerate enterprises’ transition from cloud native to AI-native.

CloudDC Solution: A one-stop cloud migration service for data centers, integrating deterministic operations, cloud DCs, and full-stack AI.

Backup & Disaster Recovery Continuity Center Solution: Ensures business continuity across five layers (management, applications, hosts, storage, cloud DCs), featuring risk detection within seconds, rapid recovery, and unified visibility.

Large Model Security Solution: End-to-end protection covering environment security, data compliance, model inference security, and unified security operations.

GaussDB & TaurusDB:GaussDB’s three-layer pooling architecture enables elastic resource scaling, while its dual-cluster disaster recovery design isolates hardware/software failures between clusters. An AI-powered DevOps assistant automates 90% of fault diagnosis and recovery.TaurusDB offers MySQL compatibility for seamless migration and pioneers AI-driven serverless capabilities with unique write scalability.

AI Cloud Service: Supports uninterrupted foundation model training for up to 40 days, with 10-minute fault recovery and compatibility with 100+ global models like DeepSeek and Llama.

Ecosystem Collaboration: Data-Driven Sustainable Growth
During the “C-Level Big Data Roundtable,” experts agreed that enterprises must build intelligent data governance systems to transform data assets into competitive advantages. Wu Shiwei, CTO of Huawei Cloud Asia-Pacific, stated, “Through open architectures and localized support, we empower Thai businesses to leap from data accumulation to value creation.”

This forum marks Huawei Cloud’s strategic upgrade in Thailand, combining “technology democratization” and “ecosystem collaboration” to fuel Thailand’s digital economy. With the rollout of these solutions, Huawei Cloud will continue driving intelligent transformation across Thailand

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/embracing-the-ai-era-huawei-cloud-thailand-launched-new-cloud-service-series-to-accelerate-enterprises-shift-to-ai-native-302401944.html

SOURCE Huawei Cloud Thailand

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Saab receives order for additional Live Training equipment from U.S. Marine Corps

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STOCKHOLM, March 14, 2025 /PRNewswire/ — Saab has received a contract modification award from the U.S. Marine Corps for additional Marine Corps Training Instrumentation Systems (MCTIS) equipment. The order value for this award is USD $37 million (SEK 375 million) with deliveries taking place from 2025 to 2027.

This award ensures the U.S. Marine Corps will continue implementing Saab’s deployable and expeditionary MCTIS capability. This advanced, interoperable live training solution helps Marines train in the most realistic environments, significantly improving their performance and survivability on the battlefield. 

The system focuses on developing and reinforcing effective tactics, techniques and procedures, while also facilitating joint training with NATO allies during multinational exercises.

“We are honored that the U.S. Marine Corps continues to rely on us as their training partner for the next generation of Marine warfighters,” said Erik Smith, President and CEO of Saab in the U.S. “Our training capability enhances combat readiness by immersing Marines in realistic scenarios and rigorously analyzing their decision-making and actions, ultimately delivering on the objective of saving American lives. We take pride in providing the premier interoperable, land-based live training capability in the world.”

Saab’s collaboration with the U.S. Marine Corps began with a contract awarded in June 2021, marking the transition from the previous Instrumentation and Tactical Engagement Simulation System II (ITESS – II) to the MCTIS training system. 

Contact

Ben Decatur 
+1 (571) 926-5978 
benjamin.decatur@saabinc.com

Saab is a leading defense and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 25,000 talented people, Saab constantly pushes the boundaries of technology to create a safer and more sustainable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defense capability of several nations.

Saab, Inc. is a U.S. based wholly owned subsidiary, delivering advanced technology and systems, supporting the U.S. Armed Forces and the Federal Aviation Administration, as well as international and commercial partners. Headquartered in Syracuse, New York, the company has business units and local employees in nine U.S. locations.

This information was brought to you by Cision http://news.cision.com.

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Saab receives order for additional Live Training equipment from U.S. Marine Corps

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Saab Training and Simulation Live Training

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Saab Training and Simulation support

 

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SOURCE Saab

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FLORIDA SOUTHERN COLLEGE NAMES BRITTANY BEHRENS, MSN, RN, CNE, CHSE, THE MAIDA BADCOCK POU ENDOWED CHAIR IN NURSING SIMULATION

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LAKELAND, Fla., March 14, 2025 /PRNewswire/ — Florida Southern College is excited to announce Brittany Behrens, MSN, RN, CNE, CHSE, as being named the Maida Badcock Pou Endowed Chair in Nursing Simulation.

This honor is made possible by a generous gift from alumna Ebbie Sue Pou Doherty, class of 1981, dedicated to the legacy of Maida Badcock Pou, a Florida Southern Trustee Emerita whose service and philanthropy left a lasting impact on the College.

A proud Florida Southern College graduate with a Bachelor of Science in Nursing in 2014 and a Master of Science in Nursing Education in 2017, Behrens began her career at FSC in 2015 as a part-time Simulation Lab Assistant. She transitioned to a full-time faculty role in 2017 and lastyear assumed the position of Nursing Simulation Lab Manager and Instructor in the Ann Blanton Edwards School of Nursing and Health Sciences. In this role, she fosters a dynamic learning environment where students develop essential nursing skills through clinical experiences.

“I am incredibly honored to receive the Maida Badcock Pou Endowed Chair in Nursing Simulation,” said Behrens. “This endowment will allow Florida Southern College to further enhance our simulation program, equipping students with high-quality simulation experiences to improve critical thinking and clinical judgment skills. I am so grateful for the generosity that surrounds this school and will use this opportunity to ensure that our graduates are confident, competent, and ready to meet the evolving demands of healthcare.”

Ebbie Sue Pou Doherty, retired Vice President of Employee Services at W.S. Badcock Corporation, shared, “My family and I are honored to continue my mother’s legacy by creating this endowed chair. We hope it will be a platform for future leaders in nursing simulation to continue pushing the boundaries of education and healthcare.”

About Florida Southern College
Founded in 1883, Florida Southern College is the oldest private college in the state. The College maintains its commitment to academic excellence through 70+ undergraduate programs and distinctive graduate programs in business administration, education, nursing, and physical therapy. Florida Southern has a 14:1 student-to-faculty ratio, is an award-winning national leader in engaged learning, and boasts 30 NCAA Division II National Championships. In the U.S. News & World Report’s 2025 “Best Colleges” guide, Florida Southern ranks #11 among “Best Regional Universities in the South,” #9 in “Most Innovative Schools,” and #20 in “Best Value Schools.” The College is also highlighted in The Princeton Review’s 2024 Best 389 Colleges guide and the “Fiske Guide to Colleges 2025.” The 2024-2025 Colleges of Distinction guidebook praises Florida Southern’s AACSB accredited Barney Barnett School of Business and Free Enterprise alongside the College’s School of Education and its Ann Blanton Edwards School of Nursing and Health Sciences. Home to the world’s largest single-site collection of Frank Lloyd Wright architecture, FSC has appeared on The Princeton Review’s top 20 “Most Beautiful Campus” national listing for 13 consecutive years, now ranking #5. Connect with Florida Southern College. 

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SOURCE Florida Southern College

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