Principal Financial unifies IT to lay foundation for growth
Under EVP & CIO Kathy Kay, Principal Financial Group has united its IT strategy to establish the holistic data and cloud architecture necessary to elevate the customer experience and better leverage AI.
💭 “What caused us to move much faster to the cloud was aligning our technology assets with the capabilities we needed to enable a modern business strategy,” she says. “The customer had a 401(k) with us, for example, insurance benefits, and also asset management services, and [each] of those units did not know they shared a customer. Customers expect to be treated holistically.”
🤖 An integrated enterprise data foundation across business units enables the company to exploit new technologies in AI such as chatbots, machine learning models, and generative AI.
Wells Enterprises makes donation to MMCRU industrial tech program
The industrial technology program at MMCRU High School has received a $50,000 donation from Wells Enterprises, Inc. to be used for an addition to the Industrial Technology Program.
⚙️ The second addition to the facility will house new programs such as advanced manufacturing and heavy equipment (Diesel Tech) program.
💭 “These skillsets [are] in extreme demand and local companies like Wells need students with theses talents as manufacturing continues to grow in northwest Iowa, along with the large number of people retiring from these fields of work.” - Matt Hansen, Industrial Tech instructor
Iowa manufacturers are embracing a fourth industrial revolution that is ushering in a new era of smart technology and automation.
🏭 To support the state's top industry, Iowa established a Manufacturing 4.0 initiative, which includes grants to purchase collaborative robots, robotic cutters, laser welders and other cutting-edge technology that manufacturers need.
🚀 Five Iowa companies are embracing technological advances:
