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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 Thus, the storage architecture can be optimized for performance and scale.

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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. Data analytics is the key to unlocking the most value you can extract from data across your organization.

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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

Better decision-making isn’t always about deciding whether A or B is the optimal choice. 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. Graph analytics is one of the fastest growing markets in AI. Automation through AI.

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What is IT operations analytics?

IBM Big Data Hub

And yet, CIOs say their executives believe 59% of digital initiatives take too long to complete and 52% take too long to realize value, according to a 2023 Gartner survey. The rise in complexity has created a need for a systematic approach to ensuring the health and optimization of any organization’s IT services.

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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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Top 10 Financial Mistakes That Can Be Resolved with AI

Smart Data Collective

By leveraging these resources, you can optimize your financial plan and stay on track toward achieving your goals. Unfortunately, a 2023 Bankrate survey found that 36% of Americans have more credit card debt than emergency savings. trillion in the first quarter of 2023. percent, to $17.05