CIO Business Intelligence

MAY 8, 2024

Process automation and improvement is a perennial CIO agenda item, and the call for business process optimization is only getting louder — especially for those processes directly tied to the bottom line. Now, if the model is drifting away, we get alerted automatically, and we fix it.” In the past, anybody could make a mistake easily.

IT 111

IT Cost-Benefit Insurance Unstructured Data 111

CIO Business Intelligence

APRIL 10, 2024

Inferencing has emerged as among the most exciting aspects of generative AI large language models (LLMs). Crunching mathematical calculations, the model then makes predictions based on what it has learned during training. Inferencing funneled through RAG must be efficient, scalable, and optimized to make GenAI applications useful.

Cost-Benefit 135

Cost-Benefit Modeling Strategy Interactive 135

IBM Big Data Hub

APRIL 22, 2024

“But it’s important to reap these benefits while minimizing the environmental impact. That means making more sustainable choices about how models are built, trained, and used, where processing occurs, what infrastructure is used, and how open and collaborative we are along the way.”

Cost-Benefit 96

Cost-Benefit Modeling Manufacturing Reporting 96

CIO Business Intelligence

NOVEMBER 1, 2023

SAP doesn’t want to build those tools from scratch itself: “We definitely want to leverage what’s already out there,” Sun said, noting there are already many large language models (LLMs) it can build on, adding its own prompting, fine tuning, and data embedding to get those models to business customers quickly.

Enterprise 132

Enterprise Cost-Benefit Unstructured Data Software 132

O'Reilly on Data

APRIL 23, 2024

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

Advertising 270

Advertising Cost-Benefit Marketing Risk 270

CIO Business Intelligence

JANUARY 8, 2024

Instead, the publicly held operator of Cathay Pacific Airlines and HK Express is shifting from migration to optimization mode in an effort to wrest additional benefits from its all-in cloud transformation. Enhanced automation and self-service will also be emphasized as part of the cloud optimization strategy, Nair says.

Optimization 119

Optimization Digital Transformation Cost-Benefit Data Warehouse 119

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 95

Cost-Benefit Modeling Manufacturing Interactive 95

IBM Big Data Hub

APRIL 22, 2024

With 2024 on track to be the hottest year on record , data and AI can be applied to many areas to help supercharge sustainability efforts. We use to collect data from 6,500+ utility bills we receive globally each year and summarize total energy consumption, cost, and renewable electricity purchases across to save many hours of calculations.

IoT 84

IoT Internet of Things Cost-Benefit Reporting 84

CIO Business Intelligence

DECEMBER 11, 2023

For many CIOs, implementations may be nascent, but mitigating biases in AI models and balancing innovation with ethical considerations are already among their biggest challenges. Companies must fortify against attacks that could mislead AI models and result in ill-informed decisions. We intend to implement it in Q1 2024.”

Modeling 131

Modeling Risk Strategy Software 131

CIO Business Intelligence

APRIL 25, 2022

But despite all the money flowing into ML projects, most organizations are struggling to get their ML models and applications working on production systems. . And another recent survey has the worst numbers of all, finding that 90% of ML models are not deployed to production. So what’s the problem? The approach works.

Machine Learning 134

Machine Learning Enterprise Deep Learning Cost-Benefit 134

DataRobot Blog

SEPTEMBER 1, 2022

The latest McKinsey Global Survey on AI proves that AI adoption continues to grow and that the benefits remain significant. But in the COVID-19 pandemic’s first year, many felt more strongly about the cost-savings front than the top line. Your model was accurate yesterday, but what about today? How can I get a better model fast?

Metrics 145

Metrics Statistics Modeling Data Science 145

Rocket-Powered Data Science

MAY 21, 2024

Fast-forward to 2024 and we see a totally different landscape: massive data sets feeding dynamic cross-enterprise processes, increasing automation and dynamic adaption of complex multi-step tasks, and ubiquitous value-producing applications of AI. At the NVIDIA GTC 2024 conference, Pure Storage announced so much more!

Cost-Benefit 225

Cost-Benefit Unstructured Data Enterprise Technology 225

Smart Data Collective

APRIL 3, 2022

This is a huge market driven by AI technology that is expected to be worth $19 billion by 2024. Towards Data Science published an article titled How Renaissance beat the markets with Machine Learning , which emphasized the major benefits of AI in their trading. This gives the strategy a distinct set of benefits. Reduced cost.

Technology 94

Technology Cost-Benefit ROI Strategy 94

FineReport

APRIL 9, 2024

Benefits of Healthcare Business Intelligence Tools Improved Decision-Making: Healthcare BI tools enable informed decision-making by providing real-time data analysis and predictive insights. Optimized Operational Efficiency: These tools streamline processes and resource allocation, leading to cost savings and improved resource utilization.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

CIO Business Intelligence

MAY 16, 2022

To reap the benefits, organizations need to modernize with a decentralized data strategy that delivers the speed and flexibility necessary for driving smarter outcomes for the business. The concept of the edge is not new, but its role in driving data-first business is just now emerging. That’s the promise of edge computing.”.

IoT 98

IoT Data Warehouse Internet of Things Machine Learning 98

IBM Big Data Hub

NOVEMBER 8, 2023

TL2 — building on Power10’s high availability leadership with performance and scale enhancements to Live Kernel Update (designed to give the ability to update AIX without unplanned downtime), optimized file system performance and enhancements designed to improve AIX encryption performance and audit event checking.

Strategy 97

Strategy Cost-Benefit Data-driven Digital Transformation 97

Smart Data Collective

JUNE 15, 2022

trillion in 2024, up from roughly $5.47 Following is a detailed look at some of the benefits of taking a data-driven approach in a retail business. Retailers of all sizes may benefit from current analytics systems’ capacity to take enormous volumes of data and provide relevant insights. trillion in 2019?

Advertising 97

Advertising Cost-Benefit ROI Sales 97

IBM Big Data Hub

MAY 13, 2024

In the previous blog , we discussed the differentiated approach by IBM to delivering enterprise-grade models. In this blog, we delve into why foundation model choices matter and how they empower businesses to scale gen AI with confidence. Why are model choices important?

Modeling 75

Modeling Cost-Benefit Risk Testing 75

FineReport

APRIL 21, 2024

Industries benefit significantly from embedded analytics, driving operational efficiency and deeper customer understanding. When comparing options, consider scalability, total cost of ownership, and the BI tech stack. What Are the Main Benefits of Embedded BI Tools? Dashboard customization requires CSS and JavaScript skills.

Dashboards 52

Dashboards Visualization Interactive Business Intelligence 52

CIO Business Intelligence

APRIL 11, 2024

Far from just gimmicks, these use cases will usher in a new era of smart stores that boost customer experience while increasing staff efficiency to drive down costs. The result is fewer mistakes, lower costs, happier customers, and less stressed employees. RFID tags have been around for decades and now cost just pennies.

Cost-Benefit 124

Cost-Benefit Technology Sales Visualization 124

IBM Big Data Hub

FEBRUARY 19, 2024

Financial benefits include increased revenue through the creation of adjacent industry business models, accessing new markets to establish more revenue streams, and growing existing revenue. from 2024 to 2032. When it comes to data optimization, most organizations focus solely on infrastructure cost reduction.

Cost-Benefit 69

Cost-Benefit Data-driven Optimization Marketing 69

Jen Stirrup

FEBRUARY 24, 2024

Artificial Intelligence revolutionizes large and small businesses with automation, data analysis, and improved customer experiences, offering cost savings and a competitive edge. Artificial Intelligence is transforming industries and everyday lives, but how can it benefit small businesses? What is AI?

Cost-Benefit 71

Cost-Benefit Data-driven Testing Risk 71

IBM Big Data Hub

FEBRUARY 6, 2024

Today, these three cloud architecture models are not mutually exclusive; instead, they work in concert to create a hybrid multicloud—an IT infrastructure model that uses a mix of computing environments (e.g., on-premises, private cloud, public cloud, edge) with public cloud services from more than one provider.

Cost-Benefit 108

Cost-Benefit Digital Transformation Software Modeling 108

IBM Big Data Hub

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. billion in 2024, up from $563.6 Uncontrolled costs: More clouds and cloud services translate into more cloud bills.

Strategy 99

Strategy Cost-Benefit Risk Optimization 99

IBM Big Data Hub

FEBRUARY 2, 2024

What companies are doing : Companies are incorporating sustainable practices into their business models. Businesses may optimize logistics by revaluating supply chain practices ; for example, by making transportation and shipping more efficient or using only suppliers that embrace sustainable practices.

Optimization 93

Optimization Cost-Benefit Strategy Technology 93

CIO Business Intelligence

MARCH 21, 2022

Way back in 1999, his team did a cost-benefit analysis of the free shipping model, which is arguably one of the key drivers of Amazon’s stupendous growth. FP&A has the potential to transform the value proposition, operational model, strategic direction, or even the business model of a company. billion a year.

Data-driven 116

Data-driven IT Finance Forecasting 116

CIO Business Intelligence

JULY 11, 2022

billion in 2024. This growth is certainly a testament to some of the more well-known benefits of SD-WAN technology , such as centralized network policy management, network flexibility and application-aware routing. More recently, SD-WAN has emerged as a key component for building more flexible, integrated security frameworks.

Risk 98

Risk Cost-Benefit Enterprise Optimization 98

Andrew White

JANUARY 9, 2022

A data fabric has the same model but it adds a set of capabilities that continuously monitor the whole landscape, and continuously update the intelligent part that infers insight as new data is discovered and/or added. I would suggest that one way to explore it is to explore the idea of a standard operating model.

Analytics 64

Analytics Measurement Modeling Data-driven 64

Jet Global

FEBRUARY 6, 2024

You’ll have access to all the features you know and love, plus the added benefits of the integrated environment. This change is about more than just technology; it’s about optimizing your experience and empowering you to make data-driven decisions with greater ease and efficiency.

Dashboards 52

Dashboards Visualization Data-driven Reporting 52

FineReport

MARCH 31, 2024

In 2024, business intelligence (BI) software has undergone significant advancements, revolutionizing data management and decision-making processes. These tools offer a host of invaluable benefits: Centralized Data: Best BI tools consolidate data from diverse sources, providing a unified and comprehensive view of organizational operations.

Dashboards 52

Dashboards Visualization Data mining Data-driven 52

datapine

NOVEMBER 27, 2019

According to Gartner, poor data quality is estimated to cost organizations an average of $15 million per year in losses. We detailed the benefits and costs of good or bad quality data in our previous article on data quality management , where you can read the five important pillars to follow.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

FineReport

APRIL 3, 2024

Comprehending the distinctions between BI dashboards and reports is crucial for optimizing their effectiveness in data analysis and decision-making processes. Benefits of BI Dashboard Tools Business intelligence dashboards are now essential tools, making complex data accessible to non-technical users. Try FineBI Now 5.3

Dashboards 52

Dashboards Visualization Metrics Interactive 52

IBM Big Data Hub

FEBRUARY 9, 2024

2024 thus stands to be a pivotal year for the future of AI, as researchers and enterprises seek to establish how this evolutionary leap in technology can be most practically integrated into our everyday lives. DeepFloyd and Stable Diffusion have achieved relative parity with leading proprietary models.

Cost-Benefit 103

Cost-Benefit Modeling Data-driven Enterprise 103

Jet Global

MARCH 4, 2024

The CSRD and the ESRS will be implemented in 4 stages, the first of which will enter into force in 2025 and will apply to the financial year 2024. Phase Effective Date Scope Reporting Requirement Deadline 1 January 1, 2024 Companies subject to the NFRD, including large non-EU companies (>500 employees) listed in the EU.

Reporting 52

Reporting Management Cost-Benefit Enterprise 52