CIO Business Intelligence

MARCH 18, 2024

billion in 2024 to $521.0 When it comes to AI, Nafde sees risks in the vendors selected, the business-worthiness of the use case, and the cost of the initiative. To find promising use cases, Webster Bank canvassed several dozen proposals and decided to start with three that could deliver tangible benefits. billion on 2027.

Risk 122

Risk Cost-Benefit Data Processing Testing 122

Cloudera

MARCH 26, 2024

The release of LLMs surged by 136% in 2023 compared to 2022, and this upward trend is projected to continue in 2024. How much is all this really going to cost? This release will remove the complexity from getting started with AI, delivered as a cost-effective bundle to deliver immediate business value.”

Cost-Benefit 80

Cost-Benefit Machine Learning Enterprise Modeling 80

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. 46% of survey respondents in 2024 showed a preference for open source models.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

AWS Big Data

JANUARY 9, 2024

However, not all customers who have the opportunity to benefit from k-NN have adopted it, due to the significant engineering effort and resources required to do so. For instance, you can connect to external ML models hosted on Amazon SageMaker , which provides comprehensive capabilities to manage models successfully in production.

Cost-Benefit 91

Cost-Benefit Visualization Modeling Machine Learning 91

IBM Big Data Hub

FEBRUARY 26, 2024

With this expanded observability, incidents can be prevented in the design phase or identified in the implementation and testing phase to reduce maintenance costs and achieve higher productivity. Efficient cloud migrations McKinsey predicts that $8 out of every $10 for IT hosting will go toward the cloud by 2024.

Cost-Benefit 100

Cost-Benefit Metadata Data Governance Reporting 100

IBM Big Data Hub

FEBRUARY 12, 2024

A key reason for this hesitancy is the complexity and cost of migrating to a new ERP platform. SAPinsider’s RISE with SAP 2023 report identified the primary benefit as the single contract that enables a cost-effective move 2. SAP offers both cloud and on-prem deployment options for S/4HANA.

Cost-Benefit 74

Cost-Benefit Data Processing Consulting ROI 74

IBM Big Data Hub

APRIL 11, 2024

For example, New York City published its own AI Action plan in October 2023, and formalized its AI principles in March 2024. Responsibility for risk: These forms can imply that model owners will be absolved of risk because they used a certain technology or cloud host or procured a model from a third party.

Risk 78

Risk Consulting Modeling Data Processing 78