O'Reilly on Data

DECEMBER 12, 2023

If the output of a model can’t be owned by a human, who (or what) is responsible if that output infringes existing copyright? Copyright law says nothing about whether texts are acquired legally or illegally. Generating output means what it says: providing the model instructions that cause it to produce something.

Modeling 253

Modeling Software Sales Statistics 253

Smart Data Collective

AUGUST 30, 2022

One of the most important is with helping companies set their prices correctly. Analytics Can Be Essential for Helping Companies with their Pricing Strategies. We all know how difficult it can be to get the pricing right in B2B contexts. Analytics technology can help companies optimize their prices more effectively.

B2B 131

B2B Analytics Cost-Benefit Metrics 131

CIO Business Intelligence

MARCH 18, 2024

SAP and Nvidia announced an expanded partnership today with an eye to deliver the accelerated computing that customers need in order to adopt large language models (LLMs) and generative AI at scale. Herzig notes that SAP has a large ecosystem of partners and various LLM providers, with new LLMs popping up seemingly every day. “We

Digital Transformation 118

Digital Transformation Optimization Modeling Enterprise 118

CIO Business Intelligence

OCTOBER 17, 2023

That overall market stability has extended to prices, which, with some exceptions, have remained relatively flat. It’s a race to determine who owns this space and the ability to de-commoditize their services with this new technology layered on top of more traditional cloud services.”

Marketing 144

Marketing IT Cost-Benefit Enterprise 144

IBM Big Data Hub

OCTOBER 30, 2023

While features and capabilities are important to evaluate, it’s also important to consider pricing to ensure the right solution that will meet your needs. While that specific pricing policy may have been changed, many legacy APM vendors still employ complicated pricing structures that produce unexpected charges and fees.

Data Processing 79

Data Processing Optimization Modeling IT 79

CIO Business Intelligence

NOVEMBER 1, 2023

There’s indeed a lot of hype around the latest wave of large language models (LLM) and associated tools, yet beneath the noise, there’s a whisper about how the technology will one day become indispensable. A boost to traditional AI While generative AI is new, AI is not. Vendors are keeping the prices down to encourage adoption.

Enterprise 131

Enterprise Digital Transformation Modeling Interactive 131

CIO Business Intelligence

MARCH 20, 2024

ServiceNow’s latest platform release, dubbed Washington DC, moves the cloud-based IT management and operations software company sharply in the direction of generative AI, with new features designed to help companies working with that technology. Everybody’s going to have multiple models adopted,” he said.

Data Governance 105

Data Governance Technology Software Management 105

IBM Big Data Hub

NOVEMBER 6, 2023

Compared to large businesses, SMBs have fewer resources to help them weather an economic downturn or diversify into new value streams. Enterprises must provide tailored support for SMBs as they adopt new products Most SMBs do not have massive tech teams to support the adoption of new products and services.

Cost-Benefit 111

Cost-Benefit Enterprise ROI Data Warehouse 111

CIO Business Intelligence

DECEMBER 18, 2023

By Bryan Kirschner, Vice President, Strategy at DataStax For all the deserved enthusiasm about the potential of generative AI, “ ChatGPT is not your AI strategy ” remains sound advice. That said, it’s still worthwhile to think about how to use large language model (LLM)-powered tools like ChatGPT in more strategic ways.

Strategy 132

Strategy IT Uncertainty Machine Learning 132

O'Reilly on Data

MAY 25, 2021

GPT-3 is essentially an auto-complete bot whose underlying Machine Learning (ML) model has been trained on vast quantities of text available on the Internet. I’d like to share my thoughts on GPT-3 in terms of risks and countermeasures, and discuss real examples of how I have interacted with the model to support my learning journey.

Modeling 346

Modeling Marketing Testing Machine Learning 346

CIO Business Intelligence

DECEMBER 21, 2023

This is not only about managing the burgeoning volume of data as organizations deepen their cloud service usage; it’s about the agility to dynamically adjust the cloud security infrastructure in response to the fluctuating landscape of threats and user behavior. 90% accuracy for the new Command & Control activity.

Data-driven 105

Data-driven Risk Enterprise Cost-Benefit 105

DataRobot Blog

JULY 5, 2022

At the confluence of cloud computing, geospatial data analytics, and machine learning we are able to unlock new patterns and meaning within geospatial data structures that help improve business decision-making, performance, and operational efficiency. Utah Spatial Modeling Process. Price Prediction Example. White Paper.

Recreation/Entertainment 103

Recreation/Entertainment Machine Learning Predictive Modeling Sales 103

CIO Business Intelligence

JANUARY 31, 2024

But AI users must also get over the urge to use the biggest, baddest AI models to solve every problem if they truly want to fight climate change. Is it necessary for a model that can also write a sonnet to write code for us?” Our approach has been to create specific models for specific use cases rather than one general-purpose model.”

Cost-Benefit 135

Cost-Benefit Modeling Testing IoT 135

CIO Business Intelligence

SEPTEMBER 25, 2023

That’s why, in the summer of 2021, Chris Nardecchia, SVP and chief digital and information officer, set about enabling a transformation that would change Rockwell’s business before it lost ground to a new class of hungry competitors. The Milwaukee, Wisc.

Modeling 105

Modeling Manufacturing Digital Transformation Cost-Benefit 105

Timo Elliott

FEBRUARY 8, 2023

New cloud platform technologies have unleashed new opportunities for business model innovation. But the company has now introduced a new product called FreshAirManager (“frischluftManager”) an all-in-one solution that orchestrates everything required to provide “Fresh air as a service.”

Modeling 98

Modeling Cost-Benefit Optimization Machine Learning 98

AWS Big Data

MARCH 25, 2024

Foundation models (FMs) are large machine learning (ML) models trained on a broad spectrum of unlabeled and generalized datasets. This scale and general-purpose adaptability are what makes FMs different from traditional ML models. As new data appears, you will have to continuously fine-tune or further train the model.

Data Lake 88

Data Lake Unstructured Data Management Modeling 88

CIO Business Intelligence

FEBRUARY 28, 2024

In a world where every aspect of life is digitally connected, and as tuition prices and the student debt bubble soar, higher education institutions are expected to be cutting-edge hubs of technological advancement. Tools that help educators take a more proactive approach to accessibility and inclusion. data view). data view).

Technology 116

Technology Machine Learning Digital Transformation Data-driven 116

CIO Business Intelligence

APRIL 21, 2022

The platforms are relatively new, offering a wide variety of approaches both in strategy and in tactics. Another difference lies in pricing. Some CDPs rely on a sales team to set up demonstrations and then create a price. Others have open price lists with set thresholds and, sometimes, free tiers to help you evaluate the tools.

Sales 145

Sales Marketing Dashboards Advertising 145

CIO Business Intelligence

MARCH 11, 2024

Industry-specific business value Vertical solutions of course are not necessarily new – the recent Medium post “Vertical SaaS, Flipping the Playbook” states that there are already nine public vertical SaaS companies with more than $1B in revenue – so why do I expect them to become so much more popular in 2024 (and beyond)?

Manufacturing 106

Manufacturing Cost-Benefit Finance Marketing 106

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). LLM was the new thing and it felt like it could solve everything,” Bottaro said. “We

IT 126

IT Experimentation Cost-Benefit Metrics 126

CIO Business Intelligence

JULY 10, 2023

Now, with the infrastructure side of its data house in order, the California-based company is envisioning a bold new future with AI and machine learning (ML) at its core. His role now encompasses responsibility for data engineering, analytics development, and the vehicle inventory and statistics & pricing teams.

Data Warehouse 98

Data Warehouse Cost-Benefit Unstructured Data Machine Learning 98

IBM Big Data Hub

MARCH 8, 2024

Generative AI opens up greater opportunities for value-creating personalization, dynamic pricing, user-friendly chatbots , voice assistants, virtual assistants, and improved customer search. The ecosystem has become more complex as business models advance and new ecommerce trends appear.

Consulting 87

Consulting Marketing Sales Data Processing 87

DataRobot Blog

JANUARY 17, 2023

As a data scientist, one of the best things about working with DataRobot customers is the sheer variety of highly interesting questions that come up. Why is machine learning able to perform well in high frequency trading applications, but is so bad at predicting asset prices longer-term? For price discovery (e.g.,

Machine Learning 87

Machine Learning Marketing Experimentation Modeling 87

CIO Business Intelligence

JANUARY 24, 2024

ChatGPT has turned everything we know about AI on its head. Generative AI and large language models (LLMs) like ChatGPT are only one aspect of AI. Model sizes: ~5 billion to >1 trillion parameters. Great for: Turning prompts into new material. Model sizes: ~Millions to billions of parameters.

Deep Learning 112

Deep Learning Unstructured Data Machine Learning Modeling 112

CIO Business Intelligence

APRIL 29, 2024

Tracy’s team of around 30 people couldn’t support that model. This move deepened Tracy’s initial concern about changing too much too fast. AIQ even helped them find the right partner at the right price and level of support. Focus on value, not just price : The lowest bidder does not always win.

Technology 59

Technology Cost-Benefit Data-driven Finance 59

IBM Big Data Hub

DECEMBER 20, 2023

Whether the organization is focused on developing new products or marketing an existing service to an under-served demographic, having a solid strategy will help an organization realize its long-term goals. A successful business strategy dictates the allocation of resources and outlines how a company will achieve its strategic goals.

Strategy 78

Strategy Advertising Key Performance Indicator Consulting 78

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.

Unstructured Data 95

Unstructured Data Cost-Benefit Experimentation Machine Learning 95

Smart Data Collective

MAY 3, 2022

A few years ago, Walter Baker and his colleagues at McKinsey reported that one of the biggest advantages of big data in business is that it can help with pricing decisions. In order to appreciate the benefits of using big data for optimizing prices, companies must recognize the merits of creating the right price point in the first place.

Data Analytics 90

Data Analytics Analytics Big Data Sales 90

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. Models can be designed, for instance, to discover relationships between various behavior factors.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

CIO Business Intelligence

FEBRUARY 12, 2024

A host of new product and feature launches, questions about SAP’s plans for managing commitments to legacy platform customers, and the acceleration of generative AI in popular products such as SAP RISE are just a few of the major issues enterprise SAP customers will need to keep on top of in the year ahead.

Consulting 118

Consulting Cost-Benefit Strategy Modeling 118

IBM Big Data Hub

DECEMBER 18, 2023

As Professor Felix Oberlholzer-Gee of Harvard Business School emphasized , an effective business strategy requires a deep understanding of your company and a profound sense of optimism about its potential for exceptional performance. This business model needs careful consideration of marketing strategies and market dynamics.

Strategy 75

Strategy Cost-Benefit Consulting Marketing 75

CIO Business Intelligence

APRIL 25, 2024

And that’s all before considering the need to fuel new AI initiatives , which can push cloud costs up further. He also wanted to structure a set of governing policies in which each team must answer questions about the cloud resources they use, the expense associated with their use, and other management options for their resources.

Management 115

Management Optimization Strategy Enterprise 115

Smart Data Collective

MARCH 19, 2023

A data analysis can also answer important questions about your company’s financial health like: how much income was earned this quarter and where does most of your traffic come from? You can start dropshipping as a part-time business at any age and organize a successful business that can include other business models.

Predictive Analytics 128

Predictive Analytics Analytics Manufacturing Advertising 128

Smart Data Collective

FEBRUARY 3, 2022

Therefore, the subscription business model is changing how customers pay for the service they receive. Hover, the subscription model can be quite challenging for businesses. If they wish to implement this model, they need to have an information collection system to keep track of billing and customer requests.

Optimization 111

Optimization Data Analytics Modeling Analytics 111

CIO Business Intelligence

MAY 23, 2023

By Cathy Won, Consultant with eTeam, HPE Aruba Networking Contributor In a recent IDC NaaS survey 1 , sponsored by HPE, 71% of respondents agree or strongly agree as-a-service (aaS) consumption models offer better IT agility compared to traditional consumption models.

Finance 86

Finance Cost-Benefit Consulting Metrics 86

CIO Business Intelligence

NOVEMBER 27, 2023

On top of that, Gen AI, and the large language models (LLMs) that power it, are super-computing workloads that devour electricity.Estimates vary, but Dr. Sajjad Moazeni of the University of Washington calculates that training an LLM with 175 billion+ parameters takes a year’s worth of energy for 1,000 US households. Not at all.

Risk 132

Risk Cost-Benefit Modeling Optimization 132

Smart Data Collective

DECEMBER 20, 2022

Many of these buyers are enamored with the idea of using AI to improve their business models, but don’t make sure that they are getting the right value from it. But why is this happening, and what can you do about it? The problem of pricing visibility for SAAS companies offering artificial intelligence services.

Cost-Benefit 110

Cost-Benefit Software Sales Finance 110