CIO Business Intelligence

SEPTEMBER 6, 2023

Since ChatGPT’s release in November of 2022, there have been countless conversations on the impact of similar large language models. The use of AI-generated code is still in an experimental phase for many organizations due to numerous uncertainties such as its impact on security, data privacy, copyright, and more.

Software 112

Software Experimentation Risk Data Lake 112

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Luckily, many are expanding budgets to do so. “94%

Digital Transformation 137

Digital Transformation Unstructured Data Machine Learning Risk Management 137

DataRobot Blog

MARCH 8, 2023

Leveraging DataRobot’s JDBC connectors, enterprise teams can work together to train ML models on their data residing in SAP HANA Cloud and SAP Data Warehouse Cloud, as well as have an option to enrich it with data from external data sources.

Enterprise 105

Enterprise Experimentation Machine Learning Modeling 105

Dataiku

MARCH 25, 2024

This scenario is not science fiction but a glimpse into the capabilities of Multimodal Large Language Models (M-LLMs), where the convergence of various modalities extends the landscape of AI. But instead, a machine seamlessly identifies the scene and its location, provides a detailed description, and even suggests nearby attractions.

Visualization 132

Visualization Modeling Experimentation Testing 132

IBM Big Data Hub

MAY 25, 2023

The Center of Excellence (CoE) already has more than 1,000 consultants with specialized generative AI expertise that are engaging with a global set of clients to drive productivity in IT operations and core business processes like HR or marketing, elevate their customer experiences and create new business models.

Consulting 101

Consulting Experimentation Machine Learning Modeling 101

Ontotext

DECEMBER 30, 2022

This makes 2023 both a very challenging and exciting year! 9 years of research, prototyping and experimentation went into developing enterprise ready Semantic Technology products. However, developing these conceptual models for better data interpretation from scratch for each solution can be slow, expensive and risky.

Enterprise 52

Enterprise Sales Cost-Benefit Marketing 52

CIO Business Intelligence

MAY 10, 2024

One analyst says a solution like JSOC that uses both generative AI and machine learning models and is built in collaboration with customer service teams is ahead of the pack in an era still dominated by AI experimentation. You can’t just go to an IT organization and ask them to build an AI model for retirement planning.

Machine Learning 105

Machine Learning Experimentation Digital Transformation Modeling 105

CIO Business Intelligence

APRIL 29, 2024

They need to have a culture of experimentation.” The same Gartner forecast, using survey results from late 2023, found that 55% percent of all companies planned to deploy AI or machine learning tools by the end of this year. CIOs should be “change agents” who “embrace the art of the possible,” he says.

Experimentation 123

Experimentation Forecasting Risk Consulting 123

CIO Business Intelligence

APRIL 25, 2023

A transformer is a type of AI deep learning model that was first introduced by Google in a research paper in 2017. Five years later, transformer architecture has evolved to create powerful models such as ChatGPT. Meanwhile, however, many other labs have been developing their own generative AI models.

Experimentation 100

Experimentation Enterprise Deep Learning Modeling 100

CIO Business Intelligence

MARCH 7, 2023

While digital initiatives and talent are the board directors’ top strategic business priorities in 2023-2024, IT spending is forecasted to grow by only 2.4% CIOs should consider technologies that promote their hybrid working models to replace in-person meetings. Release an updated data viz, then automate a regression test.

Digital Transformation 141

Digital Transformation Data Governance Experimentation Machine Learning 141

CIO Business Intelligence

APRIL 25, 2024

During the summer of 2023, at the height of the first wave of interest in generative AI, LinkedIn began to wonder whether matching candidates with employers and making feeds more useful would be better served with the help of large language models (LLMs).

IT 131

IT Experimentation Cost-Benefit Metrics 131

CIO Business Intelligence

MAY 14, 2024

In 2023, King County reported about 1,300 fatal drug overdoses. During the second phase, NLP and ML models created and trained by the King County Department of IT extract the pertinent information from these digitized reports. King County’s NLP model was based on BERT, an advanced large language model (LLM).

Deep Learning 73

Deep Learning Machine Learning Reporting Experimentation 73

CIO Business Intelligence

FEBRUARY 16, 2024

The cloud-native advantage ADP’s aggressive, early digital transformation has paid off nicely: Its expanded HCM portfolio is served to more than 1 million customers globally, up from 800,000 several years ago, with revenues at $18 billion in fiscal year 2023, up from $13 billion five years prior.

Digital Transformation 104

Digital Transformation Experimentation Cost-Benefit Machine Learning 104

CIO Business Intelligence

JULY 3, 2023

But the rise of large language models (LLMs) is starting to make true knowledge management (KM) a reality. These models can extract meaning from digital data at scale and speed beyond the capabilities of human analysts. Data exists in ever larger silos, but real knowledge still resides in employees.

Management 100

Management Experimentation Modeling Enterprise 100

IBM Big Data Hub

DECEMBER 5, 2023

With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications. The impact of these investments will become evident in the coming years.

Unstructured Data 91

Unstructured Data Cost-Benefit Experimentation Machine Learning 91

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 129

Risk Manufacturing Enterprise Technology 129

CIO Business Intelligence

APRIL 12, 2024

Both projects were rolled out to pilot stores in late 2023, and Hey GURA was fully deployed to all 2,200-plus locations in 49 states earlier this year. The tech team uses AI machine learning operations (AI MLOps) and AI large language model operations (LLMOps) practices.

Experimentation 99

Experimentation Sales Digital Transformation Metrics 99

CIO Business Intelligence

FEBRUARY 8, 2024

No doubt, AI was the cutting-edge technology in 2023 that everyone was trying to keep pace with. AI is like the discovery of fire—it’s a great tool if you know how to use it, but if you don’t use it responsibly (or use a model built responsibly), it will burn you. Artificial Intelligence

Cost-Benefit 102

Cost-Benefit Experimentation Interactive Risk 102

IBM Big Data Hub

DECEMBER 15, 2023

When AI algorithms, pre-trained models, and data sets are available for public use and experimentation, creative AI applications emerge as a community of volunteer enthusiasts builds upon existing work and accelerates the development of practical AI solutions.

Deep Learning 66

Deep Learning Experimentation Machine Learning Risk 66

DataRobot Blog

MARCH 7, 2023

Organizations that want to prove the value of AI by developing, deploying, and managing machine learning models at scale can now do so quickly using the DataRobot AI Platform on Microsoft Azure. Models trained in DataRobot can also be easily deployed to Azure Machine Learning, allowing users to host models easier in a secure way.

Data-driven 59

Data-driven Machine Learning Experimentation Data Lake 59

CIO Business Intelligence

NOVEMBER 2, 2023

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023. It depends on what business model you’re in.

Strategy 121

Strategy Data Processing Experimentation Optimization 121

AWS Big Data

AUGUST 21, 2023

For the demo, we’re using the Amazon Titan foundation model hosted on Amazon Bedrock for embeddings, with no fine tuning. If you are interested in exploring the multi-modal model, please reach out to your AWS specialist. With OpenSearch’s Search Comparison Tool , you can compare the different approaches.

Data Processing 94

Data Processing Experimentation Visualization Metrics 94

CIO Business Intelligence

DECEMBER 6, 2023

Some of the most vocal complaints about generative AI have come from authors and artists unhappy at having their work used to train large language models (LLMs) without permission. But these Guardian polls appear to have been published on Microsoft properties with millions of visitors by automated systems with no human approval required.

IT 125

IT Risk Management Interactive Modeling 125

CIO Business Intelligence

SEPTEMBER 27, 2023

Identifying worthwhile use cases Hackajob, a company that provides a platform for organizations to find and recruit IT and developer talent, began piloting generative AI models in the second half of 2022 as part of an informal research and development initiative to explore emerging technology trends.

Strategy 118

Strategy Risk Data-driven Modeling 118

CIO Business Intelligence

JULY 27, 2023

With the ability to instantaneously ingest reams of data using large language models (LLMs), generative AI technologies such as OpenAI’s ChatGPT and Google’s Bard can produce reports, contracts, and application code far surpassing earlier technologies in speed, accuracy, and thoroughness. If anything, 5% is conservative.

IT 81

IT Insurance Strategy Risk 81

CIO Business Intelligence

JUNE 6, 2023

And the market for doing so remains robust for corporations looking to make the most of the model. CIOs should define a specialized co-creation model , optimized for collaborating with startups, that can be very different from their in-house development strategies and partnerships with larger service providers.

Key Performance Indicator 104

Key Performance Indicator Cost-Benefit Enterprise Experimentation 104

CIO Business Intelligence

JULY 31, 2023

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode. How has, say, ChatGPT hit your business model?”

Strategy 91

Strategy Risk Enterprise Risk Management 91

CIO Business Intelligence

FEBRUARY 14, 2024

That’s not just about the cost of preparing a larger data set than you need, which takes expertise that’s still uncommon and commands a high salary, but also what you’re teaching the model. At the beginning of 2023, Gartner reported only 15% of organizations already have data storage management solutions that classify and optimize data.

IT 139

IT Metadata Data-driven Management 139

CIO Business Intelligence

JULY 7, 2023

Improving employee productivity and collaboration is a top business objective, according to the 2023 Foundry Digital Business Study. They are expected to make smarter and faster decisions using data, analytics, and machine learning models. Here are their top tips. Caution is king, however.

Measurement 103

Measurement Risk Experimentation Enterprise 103

CIO Business Intelligence

AUGUST 25, 2023

And pay special attention to use-cases that concern customer service: Of the executives surveyed at the latest Metis Strategy Digital Symposium , 43% said their organizations are prioritizing customer service use-cases for generative AI in 2023. Someone has to develop, train, and supervise the models,” he explains. “…the Experiment.

Strategy 85

Strategy Data Strategy Experimentation Uncertainty 85

CIO Business Intelligence

MAY 8, 2023

The resulting project, SmarthSearch, has earned Dow a 2023 CIO 100 Award list for IT leadership and innovation, and now enables thousands of Dow chemists to discover needed molecules in minutes that once took weeks to identify. It eliminates a lot of experimentation time … and accelerates our research quite dramatically.”

Manufacturing 65

Manufacturing Experimentation Digital Transformation Technology 65

AWS Big Data

NOVEMBER 14, 2023

With data streaming, you can power data lakes running on Amazon Simple Storage Service (Amazon S3), enrich customer experiences via personalization, improve operational efficiency with predictive maintenance of machinery in your factories, and achieve better insights with more accurate machine learning (ML) models.

IoT 55

IoT Data-driven Data Lake Data Strategy 55

IBM Big Data Hub

APRIL 18, 2024

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

Cost-Benefit 91

Cost-Benefit Modeling Manufacturing Interactive 91

Ontotext

DECEMBER 30, 2022

This makes 2023 both a very challenging and exciting year! 9 years of research, prototyping and experimentation went into developing enterprise ready Semantic Technology products. However, developing these models from scratch for each and every solution can be slow, expensive and risky.

Enterprise 52

Enterprise Sales Cost-Benefit Marketing 52

CIO Business Intelligence

JANUARY 2, 2024

With AI being the talk of 2023, [there were questions on] how do we, as a company, handle its adoption, governance, and education about it to our employees,” he says. He plans to scale his company’s experimental generative AI initiatives “and evolve into an AI-native enterprise” in 2024. He sees 2024 as the year to have good answers.

IT 144

IT Cost-Benefit Statistics Consulting 144

IBM Big Data Hub

JANUARY 17, 2023

Furthermore, a global effort to create new data privacy laws, and the increased attention on biases in AI models, has resulted in convoluted business processes for getting data to users. In 2023, we have four entry points aligned to common data & AI stakeholder challenges. AI is no longer experimental. Start a trial.

Data-driven 56

Data-driven Enterprise Data Governance Prescriptive Analytics 56

CIO Business Intelligence

APRIL 26, 2023

More than an experimental group, they hold themselves accountable the same way any startup should. Using rapid ideation, agile methodologies, incubation, and validation, the group employs startup thinking with a venture capital (VC) backing model, which brings together committed, diverse teams of experts at the top of their technical fields.

Technology 52

Technology Marketing Experimentation Modeling 52