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Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. I suggest that the simplest business strategy starts with answering three basic questions: What? Those F’s are: Fragility, Friction, and FUD (Fear, Uncertainty, Doubt).

Strategy 289
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Is an integrated ERP suite or a composable ERP strategy right for you?

CIO Business Intelligence

Today’s business climate is rife with economic uncertainty that is causing IT leaders to do more with less while still innovating to support the business. The other key ingredient is to lower the cost of support and services for the core in order to create funds for innovation. Let’s dive in.

Strategy 104
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Is there a “right” cloud strategy for banking?

IBM Big Data Hub

While central banks have a very different mission from commercial banks, what they do have in common is the need to modernize their IT operations to support digital transformation, contain costs, source key skills and mitigate operational and cybersecurity risks. Know yourself, your stakeholders and your data. appeared first on IBM Blog.

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What your CFO really needs in periods of economic uncertainty

CIO Business Intelligence

The pressure is on to navigate economic uncertainty. Build multiple budget scenarios with increasing levels of cost reduction to illustrate the plays you could run in response to various market conditions. If your top line is shrinking, prepare for questions on adjusting your cost structure to sustain margins during the storm.

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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

However, there are even more important benefits of using big data during a bad economy. As a result, they will need to invest in data analytics tools to sustain a competitive edge in the face of growing economic uncertainty. Big data offers many benefits for companies in any economy. Some of these benefits include the following.

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Uncertainties: Statistical, Representational, Interventional

The Unofficial Google Data Science Blog

by AMIR NAJMI & MUKUND SUNDARARAJAN Data science is about decision making under uncertainty. Some of that uncertainty is the result of statistical inference, i.e., using a finite sample of observations for estimation. But there are other kinds of uncertainty, at least as important, that are not statistical in nature.

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Top 8 challenges IT leaders will face in 2024

CIO Business Intelligence

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. To guide an organization through uncertainty, IT leaders must help ensure everyone in the company is on the same page, Srivastava says.

IT 129