CIO Business Intelligence

JUNE 15, 2023

Despite headlines warning that artificial intelligence poses a profound risk to society , workers are curious, optimistic, and confident about the arrival of AI in the enterprise, and becoming more so with time, according to a recent survey by Boston Consulting Group (BCG). For many, their feelings are based on sound experience.

Management 115

Management Experimentation Optimization Enterprise 115

AWS Big Data

DECEMBER 8, 2023

Users could now assess risk, profitability, and cross-sell opportunities not only for piecemeal divisions or products, but also globally for the business as a whole. In 2022, FanDuel shifted their focus to using data sharing. The following diagram illustrates this architecture.

Data Warehouse 67

Data Warehouse Cost-Benefit KPI Risk 67

CIO Business Intelligence

AUGUST 23, 2022

Technology that minimizes operational risk and provides advanced data management and protection that spans the entire edge-to-core continuum. An optimized network planning experience along with scalability and sustainability built-in, and a simple monthly payment with no upfront capital expenditure. Transitioning to Business Value .

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

Alation

SEPTEMBER 7, 2021

In this blog we will discuss how Alation helps minimize risk with active data governance. Governance influences how an organization’s objectives are set and achieved, how risk is monitored and addressed, and how performance is optimized. Organizations that run afoul of such laws risk damaging their reputation.

Data Governance 59

Data Governance Risk Data Quality Dashboards 59

Andrew White

JANUARY 9, 2022

On Thursday January 6th I hosted Gartner’s 2022 Leadership Vision for Data and Analytics webinar. Which trends do you see for 2022 in AI & ML technology and tools and tool capabilities? We will publish a new Top Trends for D&A for 2022 in a couple of months. The last item should be updated in 2022.

Analytics 64

Analytics Measurement Modeling Data-driven 64

AWS Big Data

MARCH 12, 2024

Our commitment to efficiency is unwavering, and we’ve undertaken an exciting initiative to optimize our batch processing jobs. By early 2022, we successfully migrated our big data workloads to EMR on EC2. Platform-level enhancements – Enhancements at preceding layers can only optimize a given job or a workflow.

Cost-Benefit 91

Cost-Benefit Optimization Big Data Metrics 91

IBM Big Data Hub

DECEMBER 12, 2023

Let’s explore how the IBM® Maximo® Application Suite (MAS) can help you optimize the efficiency of your assets through operational emissions management. To manage these byproducts effectively, focus on optimizing your assets and identifying emerging issues early on. How can MAS help you better manage emissions?

Management 79

Management Cost-Benefit Optimization Strategy 79

IBM Big Data Hub

SEPTEMBER 6, 2023

From customized content creation to task automation and data analysis, AI has seemingly endless applications when it comes to marketing, but also some potential risks. Content generation: The recent launch of OpenAI’s generative AI platform ChatGPT in November of 2022 has prompted a flood of new use cases for AI.

Marketing 88

Marketing Technology Advertising ROI 88

IBM Big Data Hub

OCTOBER 30, 2023

The global AI market is projected to grow to USD 190 billion by 2025, increasing at a compound annual growth rate (CAGR) of 36.62% from 2022, according to Markets and Markets. Real-world Business Solutions The real value of any technology is measured by its impact on real-world problems.

Insurance 87

Insurance Data Warehouse Data-driven Unstructured Data 87

CIO Business Intelligence

OCTOBER 20, 2023

Nearly 40% of the company’s business processes have now been digitized, and filing claim time — a key measure of customer satisfaction — has been reduced from four minutes to 43 seconds, according to the company. And it has all been undertaken with a cloud-first approach.

Digital Transformation 136

Digital Transformation Insurance Recreation/Entertainment Machine Learning 136

CIO Business Intelligence

OCTOBER 18, 2023

OpenAI’s November 2022 announcement of ChatGPT and its subsequent $10 billion in funding from Microsoft were the “shots heard ’round the world” when it comes to the promise of generative AI. in concert with Microsoft’s AI-optimized Azure platform. CarMax CITO Shamim Mohammed confirms his company was using OpenAI’s GPT-3.x

Risk 141

Risk Manufacturing Enterprise Technology 141

CIO Business Intelligence

APRIL 27, 2023

1. IT management It’s no surprise that IT executive positions earn some of the highest average salaries, with Dice reporting an average yearly salary of $164,814 in 2022 — an 8.4% The role requires identifying resource requirements, creating and defining project objectives, establishing necessary timelines, and determining potential risks.

IT 116

IT Software Risk Management 116

IBM Big Data Hub

MAY 6, 2024

In 2022, less than 10% of trial participants for FDA approval were Black, fewer than 12% were Asian, under 13% were Hispanic, and women constituted less than 50% (Exhibit 3), not reflective of the current US population. The number of first-time clinical investigators has declined, especially among non-US based investigators.

Advertising 57

Advertising Data-driven Optimization Strategy 57

IBM Big Data Hub

AUGUST 1, 2023

We are bringing the power of foundation models with the availability of a GPU as a service on IBM Cloud offering to help organizations tap into artificial intelligence (AI) in a secured environment while aiming to mitigate third- and fourth-party risk.

Digital Transformation 70

Digital Transformation Risk Data Processing Enterprise 70

DataRobot Blog

SEPTEMBER 1, 2022

Imagine yourself as a pilot operating aircraft through a thunderstorm; you have all the dashboards and automated systems that inform you about any risks. After DataRobot AutoML has delivered an optimal model , Continuous AI helps ensure that the currently deployed model will always be the best one even as the world changes around it.

Metrics 145

Metrics Statistics Modeling Data Science 145

datapine

MAY 31, 2022

In fact, the Foundry’s recently published Cloud Computing Study (2022) found that 84% of organizations have at least one application, or a portion of their computing infrastructure already in the cloud. This increases the risks that can arise during the implementation or management process. Cost management and containment.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

APRIL 29, 2022

True transformation can emerge only when an organization learns how to optimally acquire and act on data and use that data to architect new processes. Data strategies developed in a vacuum without consideration of these other business functions run the risk of being impossible to implement, ultimately representing a wasted investment.

Digital Transformation 129

Digital Transformation Strategy Data-driven Data Strategy 129

CIO Business Intelligence

FEBRUARY 13, 2023

This strategy will be overseen by the company’s recently appointed Chief Risk and Sustainability Officer Zellah Fuphe. “We Bridgestone America is already using the solution to gain real-time visibility into its carbon footprint. Notably, Turnley-Jones also stresses that sustainability at now at the heart of Dimension Data’s strategy.

Internet of Things 85

Internet of Things IT IoT Strategy 85

CIO Business Intelligence

APRIL 19, 2022

Meanwhile, the “ 2022 State of Enterprise Tech Employment ” report from Motion Recruitment found that 42% of the total workforce are 1099 workers, independent contractors, or freelancers and that 90% of companies are moving to a blend of full-time and freelance employees. million in 2020 to 51.1 million in 2021.

IT 98

IT Cost-Benefit Strategy Consulting 98

CIO Business Intelligence

MARCH 13, 2024

So it’s no surprise that companies continue to heavily invest in it since the release of Dall-E 2 and ChatGPT in late 2022, where they expect to see the greatest value in increased productivity, with some estimates showing improvements of 5% or more over the next 12 months, and headcounts to reduce by at least 5% as well. for every $1 spent.

IT 128

IT Consulting Testing Cost-Benefit 128

CIO Business Intelligence

NOVEMBER 22, 2022

Initiatives such as automated predictive maintenance on machinery or workforce optimization through operational data are only a few of the many opportunities enabled by the pairing of a successful data strategy with the impactful deployment of artificial intelligence.”

Data Strategy 145

Data Strategy Strategy Enterprise Consulting 145

CDW Research Hub

OCTOBER 19, 2021

Optimal use of capital, maintaining disciplined capital allocation prioritization. by the end of 2022 in alignment with its capital allocation priorities. However, CDW has not completed its reconciliation of Sirius’ non-GAAP financial measures to its non-GAAP financial measures, and any future reconciliation may be material.

Uncertainty 102

Uncertainty Sales Finance Cost-Benefit 102

CIO Business Intelligence

JANUARY 12, 2023

He says that in Senegal, Tunisia and many other countries, companies are working hard on intelligent irrigation, and on how to optimize water resources that are becoming increasingly scarce, especially in the context of climate change and unpredictable rainfall. Managing water is becoming crucial,” he says. “The

IoT 143

IoT Consulting Internet of Things Technology 143

CDW Research Hub

DECEMBER 20, 2021

Sirius’ professional services team offers deep experience to help you assess your level of risk and develop a remediation plan. Egress filtering is a basic measure, but it works—blocking outgoing requests from external servers, especially on LDAP ports. These are also at risk even without external access. Apache Disclosure.

Testing 93

Testing Measurement IoT Risk 93

Laminar Security

MAY 3, 2023

According to our recent State of Cloud Data Security Report 2023 , 77% of organizations experienced a cloud data breach in 2022. They’re a byproduct of data democratization, a process through which business data has been made accessible to and by many teams across the organization for innovation and optimization.

Management 52

Management Risk Risk Management Data Processing 52

CIO Business Intelligence

JULY 14, 2022

Infinidat added cyber resilience on its InfiniGuard ® secondary storage system during the past year and, at the end of April 2022, across its primary storage platforms with the InfiniSafe Reference Architecture, encompassing Infinidat’s complete portfolio. Each enterprise has its own unique operating requirements.

Enterprise 119

Enterprise Snapshot Strategy Technology 119

CIO Business Intelligence

DECEMBER 21, 2023

released in March 2022, with mandatory compliance starting on March 31, 2024, represents an updated and refined version of the Standard. However, one common measure can be applied for all carriers: Do not touch (store, process, or transmit) any payment card data to begin with. [1] The PCI DSS v4.0, 1] That’s a great idea.

Measurement 52

Measurement Risk Management Risk Management 52

IBM Big Data Hub

AUGUST 11, 2023

Today, 35% of companies report using AI in their business, which includes ML, and an additional 42% reported they are exploring AI, according to the IBM Global AI Adoption Index 2022. Conduct validation in the error process—This method measures how good the guesswork was by comparing it to known examples when available.

Data Science 60

Data Science Machine Learning Cost-Benefit Deep Learning 60

CIO Business Intelligence

SEPTEMBER 12, 2022

Fast-forward to 2022. One instance of how that exploration led to real business benefits was with the application of machine learning to predict optimal product formulation using a set of desired consumer benefits. What didn’t change was the need for organizations to continue to move forward with digital initiatives.

Experimentation 133

Experimentation Consulting Technology Machine Learning 133

DataRobot Blog

JUNE 23, 2022

Business rules set by the credit committee to control business risk and the loan portfolio also constrain accepting this application and advancing the loan. 10 Keys to AI Success in 2022. Your artificial intelligence (AI) system has given you this “predicted feature” in addition to what you already know about the applicant.

Predictive Modeling 59

Predictive Modeling Modeling Data Science Measurement 59

AWS Big Data

JUNE 21, 2023

For more information, refer to Building a semantic search engine in OpenSearch to learn how semantic search can deliver a 15% relevance improvement, as measured by normalized discounted cumulative gain (nDCG) metrics compared with keyword search. In general, NMSLIB and FAISS should be selected for large-scale use cases.

Metrics 76

Metrics Measurement Modeling Dashboards 76

AWS Big Data

MARCH 26, 2024

In 2022, AWS commissioned a study conducted by the American Productivity and Quality Center (APQC) to quantify the Business Value of Customer 360. You can use the same capabilities to serve financial reporting, measure operational performance, or even monetize data assets.

Data Strategy 69

Data Strategy Strategy Data Warehouse Prescriptive Analytics 69

BizAcuity

MARCH 1, 2019

This is where AI-based analysis and response play a critical role in extracting optimal value from the data. With the help of these algorithms, the system predicts the disease and suggests preventive measures automatically. to make better decisions and risk assessments. Bringing the power of AI to IoT.

IoT 56

IoT Internet of Things Big Data Data-driven 56

Andrew White

APRIL 12, 2021

We define re-engineering the decision as: “ The fundamental rethinking of business decisions to achieve dramatic improvements in critical, contemporary measures of performance such as business value, cost, quality, service and speed.”. As a supply-chain provider, as a logistics provider, we are very much in the data business.”. “We

Analytics 59

Analytics Data-driven Publishing Digital Transformation 59

CIO Business Intelligence

MAY 30, 2023

3, with 55% of responding IT leaders listing this area) and risk management (at No. Today’s focus on these initiatives is more about optimizing the use of technologies to deliver measurable value in those areas, rather than just delivering the technologies themselves. 9, with 47% involved in such).

IT 131

IT Risk Optimization Technology 131

CIO Business Intelligence

MARCH 14, 2024

Adopting and scaling AI Some of the NAO’s advice to government could also apply to enterprises, especially those with a similar aversion to risk and change. They also need to identify who are the senior leaders with clear accountability for the success of AI initiatives, what are the desired outcomes, and how performance will be measured.

Testing 111

Testing Risk Digital Transformation Statistics 111

IBM Big Data Hub

MARCH 12, 2024

Today, utilities are meeting these challenges and risks with innovation by leaning on data and AI to prepare for the next event. And in December 2022, Winter Storm Elliott struck the US Eastern Interconnection grid, resulting in 90,500megawatts (MW) of generation experiencing unplanned outages.

Risk 65

Risk Forecasting Data-driven IoT 65