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Why Financial Services Firms are Championing Natural Language Processing

CIO Business Intelligence

Those numbers represent the projected growth of chatbot interactions among banking customers between 2019 to 2023 and the cost savings from 862 hours less of work by support personnel, according to research by Juniper Research. Just starting out with analytics? Ready to evolve your analytics strategy or improve your data quality?

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4 Tips for Processing Real-Time Data

CIO Business Intelligence

Increased Digitization: Digitally transformed organizations are projected to contribute more than half of the global gross domestic product (GDP) by 2023. Real-time Analytics: The amount of real-time data in the global datasphere will grow from 9.5 Just starting out with analytics? zettabyes in 2020 to 51 zettabytes in 2025.

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The Technology Enabling Successful Hybrid Workforce Transformation

CIO Business Intelligence

While more than half of C-suite executives agree on the need to reimagine workforce models, only a quarter feel their organizations are ready to address the evolving environment, according to Deloitte’s 2023 Global Human Capital Trends report. [2] 2] In this arena, desktop virtualization and cloud technologies will play starring roles.

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Generate More Value from Data with AI Services

CIO Business Intelligence

Consider that it may be easier to make one big decision well, rather than hundreds of smaller decisions that each have different payouts and risks. For example, buying stock in one company involves determining which stock will provide the best results, balanced with risk. Graph analytics is one of the fastest growing markets in AI.

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The Reason Many AI and Analytics Projects Fail—and How to Make Sure Yours Doesn’t

CIO Business Intelligence

Topping the list of executive priorities for 2023—a year heralded by escalating economic woes and climate risks—is the need for data driven insights to propel efficiency, resiliency, and other key initiatives. Many companies have been experimenting with advanced analytics and artificial intelligence (AI) to fill this need.

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