IBM Big Data Hub

FEBRUARY 7, 2024

These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. trillion in economic benefits by 2030. Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices.

Reporting 100

Reporting Cost-Benefit Internet of Things Data-driven 100

AWS Big Data

NOVEMBER 27, 2023

Today, we’re excited to bring the benefits of Graviton3 to Kafka workloads, with Amazon MSK now offering M7g instances for new MSK provisioned clusters. These performance improvements, along with M7g’s lower prices provide up to 24% in compute cost savings over M5 instances. Gbps up to 10 Gbps M7g.xlarge 4 16 GiB up to 12.5

Cost-Benefit 93

Cost-Benefit Optimization Management Testing 93

CIO Business Intelligence

SEPTEMBER 8, 2023

Operating rooms are a significant source of revenue for healthcare organizations — and a main contributor to costs. As such, any cost savings in operating rooms can have broad financial impact on a healthcare facility’s bottom line.

Cost-Benefit 98

Cost-Benefit Machine Learning Metrics Marketing 98

IBM Big Data Hub

AUGUST 11, 2023

Machine learning (ML), a subset of artificial intelligence (AI), is an important piece of data-driven innovation. Machine learning engineers take massive datasets and use statistical methods to create algorithms that are trained to find patterns and uncover key insights in data mining projects. What is MLOps?

Data Science 59

Data Science Machine Learning Cost-Benefit Deep Learning 59

CIO Business Intelligence

FEBRUARY 22, 2024

Getting AI off the ground After several years of innovating in AI, Ferrovial can cite many examples of projects and services benefitting from it. “If Plus, to provide all its businesses with the ability to obtain information in record time, the company has been working with gen AI and LLMs, specifically Azure OpenAI, since December 2022.

IT 101

IT Digital Transformation IoT Cost-Benefit 101

CIO Business Intelligence

SEPTEMBER 7, 2023

Nearly 95% of organizations say hybrid work has led them to invest more in data protection and security, according to NTT’s 2022–23 Global Network Report. Adopting Prisma SASE reduces cost and risk while speeding up your digital transformation. Cyberattacks, SASE

IT 108

IT Data Lake Cost-Benefit Digital Transformation 108

Cloudera

OCTOBER 6, 2022

A major goal of these projects is cost reduction; it’s not sexy, it’s pragmatic. Finding opportunities for monetary savings offers the benefit of reducing costs, but more importantly, it enables a reallocation of budgets towards innovation projects. . Cost savings opportunities. Strategies to maximize impact.

Digital Transformation 84

Digital Transformation Cost-Benefit Data Lake Machine Learning 84

CIO Business Intelligence

AUGUST 7, 2023

Sales of public cloud enterprise applications software had already overtaken on-premises, hosted, and private-cloud sales by 2022, representing 51.4% This will continue as organizations start to recognize the benefits of public cloud in the digital world.” Whether new features such as AI should cost extra is a divisive topic.

Sales 52

Sales Enterprise Cost-Benefit Software 52

IBM Big Data Hub

AUGUST 14, 2023

The Cost of a Data Breach 2023 global survey found that extensively using artificial intelligence (AI) and automation benefited organizations by saving nearly USD 1.8 million in data breach costs and accelerated data breach identification and containment by over 100 days, on average.

Cost-Benefit 61

Cost-Benefit Machine Learning Consulting Data mining 61

IBM Big Data Hub

MAY 26, 2023

Leading life sciences companies are discovering the power of cloud in enabling analytics and artificial intelligence (AI) , shrinking innovation cycles, and standardizing processes across global operations, among other benefits. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach.

Consulting 81

Consulting Cost-Benefit Optimization Machine Learning 81

CIO Business Intelligence

AUGUST 23, 2022

To address this requirement and ensure seamless connectivity, organizations are rapidly adopting consumption-driven NaaS models to balance the cost of their network growth with the digital experience of their stakeholders. Obtaining more insight into hidden costs (e.g., IT Leadership

Cost-Benefit 103

Cost-Benefit Business Objectives ROI Risk 103

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. For example, Singapore’s United Overseas Bank (UOB) used machine learning to operationalize analytics and provide insights to users across the bank.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

FEBRUARY 13, 2023

CIOs anticipate an increased focus on cybersecurity (70%), data analysis (55%), data privacy (55%), AI/machine learning (55%), and customer experience (53%). Dental company SmileDirectClub has invested in an AI and machine learning team to help transform the business and the customer experience, says CIO Justin Skinner.

IT 145

IT Insurance Machine Learning Marketing 145

IBM Big Data Hub

DECEMBER 14, 2022

Conversational AI solutions for customer service have come a long way, helping organizations meet customer expectations while reducing containment rates, complexity, and costs. It starts with bringing AI into the mix and ends with more cost-efficient operations and more satisfied customers. Reduced operational costs.

Cost-Benefit 88

Cost-Benefit Interactive Machine Learning Consulting 88

Cloudera

AUGUST 8, 2022

In June 2022, Cloudera announced the general availability of Apache Iceberg in the Cloudera Data Platform (CDP). The general availability covers Iceberg running within some of the key data services in CDP, including Cloudera Data Warehouse ( CDW ), Cloudera Data Engineering ( CDE ), and Cloudera Machine Learning ( CML ).

Snapshot 87

Snapshot Data Warehouse Machine Learning Cost-Benefit 87

Smart Data Collective

SEPTEMBER 29, 2022

However, we haven’t discussed the benefits of using AI to distribute apps through app marketplaces in as much detail. In order to appreciate the benefits of using AI to create a new app marketplace, it is important to first address the challenges. Let’s have a look at the main app store alternatives for the App Store in 2022.

Technology 125

Technology Advertising Cost-Benefit Publishing 125

CIO Business Intelligence

SEPTEMBER 14, 2023

billion in 2022, derives roughly 30% of its business from its markets, trading, and exchange business — and about 40% from software sales and licensing. As exchanges were modernizing, they looked at the cost benefit and realized it was better to buy Nasdaq’s technology,” Peterson says. Not just the technology group.”

Risk Management 114

Risk Management Risk Marketing Cost-Benefit 114

CIO Business Intelligence

JANUARY 11, 2023

As the economic pendulum shifts to cost control, CIOs will have to find ways to continue achieving the same results but with less margin for error,” he notes. CIOs will be looking to rationalize their technology estate to reduce unnecessary cost and maintenance, and to minimize their security attack surface and privacy exposure.”

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Enterprise 145

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. If you ask it, ‘How does the Toyota Camry 2022 drive?’ Now, without development costs we can share a data set with them and they can share a data set with us.

Data Warehouse 94

Data Warehouse Cost-Benefit Unstructured Data Machine Learning 94

AWS Big Data

APRIL 3, 2024

This greatly improves performance and compute cost in comparison to external tables on Snowflake , because the additional metadata improves pruning in query plans. You can also use data in Snowflake for visualization using Amazon QuickSight , or use it for machine learning (ML) and artificial intelligence (AI) purposes with Amazon SageMaker.

Data Lake 91

Data Lake Snapshot Metadata Data Architecture 91

CIO Business Intelligence

NOVEMBER 18, 2022

In this article, we’ll share opportunities for oil and gas companies to increase sustainability while achieving other business benefits. Increasingly, oil and gas companies are making strategic technology investments to accelerate sustainable digital transformation and deliver a competitive advantage.

Digital Transformation 90

Digital Transformation Cost-Benefit Optimization Machine Learning 90

IBM Big Data Hub

JULY 19, 2023

The industry is under tremendous pressure to accelerate drug development at an optimal cost, automate time- and labor-intensive tasks like document or report creation to preserve employee morale, and accelerate delivery. Yet, it is burdened by long R&D cycles and labor-intensive clinical, manufacturing and compliancy regimens.

Consulting 66

Consulting Machine Learning Manufacturing Optimization 66

IBM Big Data Hub

NOVEMBER 30, 2022

It starts with bringing AI into the mix and ends with more cost-efficient operations and more satisfied customers. According to a Gartner® report, in 2031, conversational AI chatbots and virtual assistants will handle 30% of interactions that would have otherwise been handled by a human agent, up from 2% in 2022. per contained call.

Cost-Benefit 52

Cost-Benefit Interactive Machine Learning Consulting 52

AWS Big Data

MAY 17, 2023

Credit: Phil Goldstein Jerry Wang, Peloton’s Director of Data Engineering (left), and Evy Kho, Peloton’s Manager of Subscription Analytics, discuss how the company has benefited from using Amazon Redshift. million at the end of 2022. In 2022, it began renting bikes as well as selling them.

Data Warehouse 108

Data Warehouse Cost-Benefit Sales Data-driven 108

CIO Business Intelligence

JUNE 21, 2023

In 2022, companies were still reeling from the rapid digital transformation efforts to survive the pandemic. A common but critical challenge I hear from CIOs, CTOs, and CDOs every day is that they have a difficult time helping the C-suite understand that IT is the very architecture for the future of business, not a cost center.

Modeling 105

Modeling Cost-Benefit Digital Transformation ROI 105

IBM Big Data Hub

JULY 27, 2023

As of 2022, the EAM market was valued at nearly $6 billion , with a compound annual growth rate of 16.9% More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictive analytics and real-time monitoring. through 2030.

Cost-Benefit 61

Cost-Benefit IoT Internet of Things Enterprise 61

CIO Business Intelligence

JANUARY 9, 2024

IT leaders say they’re discussing everything from the costs of AI implementations to whether AI is the existential threat to humanity some fear. ChatGPT caused quite a stir after it launched in late 2022, with people clamoring to put the new tech to the test. Which business cases actually need AI?

IT 130

IT Risk Cost-Benefit Enterprise 130

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. In addition, IDC projections show worldwide spending on edge computing reaching $176 billion in 2022, an increase of 14.8% over last year.

IoT 88

IoT Data Warehouse Internet of Things Machine Learning 88

CIO Business Intelligence

MARCH 1, 2023

Still, most companies have not yet benefited from real-time AI. Now, we have another exciting piece of the puzzle: Kaskada, a machine-learning company that recently joined forces with DataStax. The future is bright We believe every company should be able to deploy real-time AI at 3X the scale and half the cost.

Cost-Benefit 92

Cost-Benefit Machine Learning Software Strategy 92

Smart Data Collective

AUGUST 1, 2022

There are a number of ways that traders can benefit from AI. Some use machine learning technology to create models that more accurately predict price movements. from 2022 to 2027. Many people can learn about the benefits of AI technology with it. The topics are categorized, making them easy to find.

Cost-Benefit 109

Cost-Benefit Machine Learning Marketing Strategy 109

CIO Business Intelligence

JANUARY 9, 2023

The product line is designed to be beautiful as well as sustainable in terms of its durability and benefits for the environment. A fresh approach Arpa wanted to standardize and optimize its FENIX production to cut costs and improve product quality and innovation — as well as reduce the consumption of resources in the production process.

Manufacturing 59

Manufacturing Cost-Benefit Digital Transformation Software 59

CIO Business Intelligence

NOVEMBER 23, 2022

This has become a priority for businesses that are trying to keep up with new technologies such as the cloud, IoT, machine learning, and other emerging trends that will prompt digital transformation. EA, and its goals, however, are constantly evolving.

Enterprise 126

Enterprise Cost-Benefit Digital Transformation Strategy 126

Smart Data Collective

MAY 10, 2022

Computer programmers can apply machine learning (ML) techniques to detect unusual transactions in a bank’s network. You can train a machine learning model for fraud detection by feeding it with many transactions and assigning them to “fraud” or “non-fraud” categories. from 2022 to 2027.

Marketing 110

Marketing Technology Insurance Machine Learning 110

CIO Business Intelligence

SEPTEMBER 8, 2022

In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years. Businesses are facing a rapidly evolving set of threats from supply chain constraints, rising fuel costs, and shipping delays.

Cost-Benefit 116

Cost-Benefit Internet of Things Data-driven Data Lake 116

IBM Big Data Hub

APRIL 6, 2023

This new regulation applies to any “automated employment tool;” so, any computational process derived from machine learning, statistical modeling, data analytics, or artificial intelligence, including homegrown and third-party programs. A holistic approach to AI governance can help.

Cost-Benefit 57

Cost-Benefit Risk Statistics Machine Learning 57

CIO Business Intelligence

NOVEMBER 21, 2023

With the appointment, Vidrine rejoined the department after serving as the senior strategic advisor for data to the federal CIO in the Office of Management and Budget (OMB), a post she held since January 2022. That includes using automation, artificial intelligence, and machine learning, to increase responsiveness to warfighter needs.

Strategy 115

Strategy Machine Learning Technology Data-driven 115

Smart Data Collective

APRIL 21, 2021

Moving further, as the title suggests, we are discussing a few benefits that a business might find useful, especially the one that has low capital or just started. . And a small business that has to bear fewer costs on rents, taxes, etc, can fill that gap and take advantage of it. Easier adaption of the machine learning.

IoT 94

IoT Internet of Things Manufacturing Cost-Benefit 94