CIO Business Intelligence

DECEMBER 19, 2023

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Moreover, the CEOs and boards that CIOs report to don’t want to be left behind by generative AI, and many employees want to experiment with the latest generative AI capabilities in their workflows.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

APRIL 30, 2024

AI, including Generative AI (GenAI), has emerged as a transformative technology, revolutionizing how machines learn, create, and adapt. over the 2023-2027 forecast period 1. over the 2023-2027 forecast period 1. over 2023 2. over 2023 2. billion in 2027 with a compound annual growth rate (CAGR) of 86.1%

Forecasting 105

Forecasting Optimization Advertising IoT 105

CIO Business Intelligence

MAY 3, 2024

United Parcel Service last year turned to generative AI to help streamline its customer service operations. The in-house developed project, Message Response Automation (MeRA), is already delivering. The LLM gives agents the ability to confirm all responses suggested by the model.

Testing 140

Testing Sales Enterprise Digital Transformation 140

CIO Business Intelligence

MARCH 15, 2024

“There is no doubt that Dr. Plumb’s technical expertise and strategic acumen will enhance the CDAO’s innovative efforts, and help accelerate the DOD’s adoption of data, analytics, and AI to generate decision advantage from the boardroom to the battlefield,” Secretary of Defense Lloyd Austin said in a statement.

Big Data 124

Big Data Metrics Data Quality Machine Learning 124

CIO Business Intelligence

JANUARY 9, 2024

Few technologies have provoked the same amount of discussion and debate as artificial intelligence, with workers, high-profile executives, and world leaders waffling between praise and fears over AI. Here are the central AI conversations you should be having with your teams, line-of-business leaders, C-suite colleagues, and the board.

IT 140

IT Risk Cost-Benefit Enterprise 140

CIO Business Intelligence

MAY 8, 2024

In response to an RFP from a pharmacy benefit manager, for example, the underwriter would need to project future medication use in the covered population, wholesale cost increases, potential patent expirations on medications, and cost changes in medication rebates.

IT 111

IT Cost-Benefit Insurance Unstructured Data 111

CIO Business Intelligence

AUGUST 7, 2023

Watch our newest Multi-Cloud Briefing, The Frontiers of Generative AI for the Enterprise , which explores how the convergence of generative AI and multi-cloud technologies is driving the next wave of business innovation. The most profound impact of generative AI will be in the enterprise.

Enterprise 97

Enterprise B2B Machine Learning Strategy 97

CIO Business Intelligence

MAY 10, 2024

Sastry Durvasula, chief information and client services officer at TIAA, says the multilayered platform’s extensive use of machine learning as part of its customer service line partnership with Google AI makes JSOC a formidable tool for financial and retirement planning and guiding customers through complex financial journeys.

Machine Learning 116

Machine Learning Experimentation Digital Transformation Modeling 116

CIO Business Intelligence

APRIL 29, 2024

As organizations roll out AI applications and AI-enabled smartphones and devices, IT leaders may need to sell the benefits to employees or risk those investments falling short of business expectations. But 35% also said they felt cautious about AI, 26% skeptical, and 25% uncertain.

Experimentation 135

Experimentation Forecasting Risk Consulting 135

CIO Business Intelligence

NOVEMBER 7, 2023

As the end of 2023 approaches, it becomes imperative to assess the current landscape of cybersecurity threats, explore potential strategies to combat them, and explore the new practice measures that can be taken. Make a plan and start with Delinea’s complementary, customizable Cybersecurity Incident Response Plan Template.

Measurement 131

Measurement Risk Strategy Statistics 131

CIO Business Intelligence

MAY 15, 2024

Today we worry this phenomenon is playing out with enterprise adoption of generative AI. Generative AI (genAI) arrived on the scene with use cases such as “support chatbots” or “talk to your documentation apps” that were so obviously useful that many companies are well on their way to taking them into production.

Digital Transformation 124

Digital Transformation Strategy Metrics Machine Learning 124

CIO Business Intelligence

DECEMBER 7, 2023

And yet… EDiSON rises Ōita University, a national university established in 1921 in Ōita Prefecture , Kyushu, was interested in building a data-driven solution for enhancing disaster-response capabilities. The solution also facilitates collaboration among organizations involved in disaster response. Digital Transformation

IoT 108

IoT Internet of Things Forecasting Digital Transformation 108

CIO Business Intelligence

MAY 14, 2024

In 2023, King County reported about 1,300 fatal drug overdoses. A time-consuming process That manual reporting process, however, took far too long, impacting King County’s ability to shape response. The IT department also used the Hugging Face online AI service and PyTorch, a Python framework for building deep learning models.

Deep Learning 96

Deep Learning Machine Learning Reporting Experimentation 96

CIO Business Intelligence

MARCH 13, 2023

By Ram Velaga, Senior Vice President and General Manager, Core Switching Group This article is a continuation of Broadcom’s blog series: 2023 Tech Trends That Transform IT. In 2023, there is no doubt that artificial intelligence and automation will permeate every aspect of our lives.

Technology 145

Technology Machine Learning Data-driven Testing 145

CIO Business Intelligence

NOVEMBER 15, 2022

But released the next day, the 2023 Gartner CIO and Technology Executive Survey revealed that EMEA-based CIOs expect IT budgets to increase 4.4% Approximately 34% are increasing investment in artificial intelligence (AI) and 24% in hyper-automation as well. on average over the next year, somewhat lower than the projected 6.5%

Digital Transformation 143

Digital Transformation Experimentation Risk Metrics 143

CIO Business Intelligence

APRIL 11, 2024

In December 2023, Gartner named Oracle a leader in its Magic Quadrant for Strategic Cloud Platform Services , joining the “big three.” Seeking the AI edge Leo Leung, vice president of OCI and Oracle Technology at Oracle, believes the vendor’s long history in enterprise software “gives us the ability to be nimble and innovative.” “We

Enterprise 124

Enterprise IT Data Processing Strategy 124

CIO Business Intelligence

MARCH 11, 2024

Internal and external customer experience has always been a top priority for most companies, especially as demands increase for faster response and improved personalization. Covanta is keenly aware of generative AI’s potential for enhancing the digital experience of its employees and customers.

Data-driven 69

Data-driven Strategy ROI Machine Learning 69

CIO Business Intelligence

FEBRUARY 24, 2023

5G infrastructure involves multiple components, each of which represents an area where there is potential risk: Virtualized infrastructure: 5G services will run on virtual machines ( VMs ) as well as Kubernetes-based container infrastructure in the cloud and in data centers.

Risk 122

Risk Digital Transformation IoT Enterprise 122

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. A recent survey of nearly 1,000 IT decision-makers conducted by Foundry underscores this.

Risk 141

Risk Manufacturing Enterprise Technology 141

CIO Business Intelligence

MAY 5, 2023

Generative AI such as ChatGPT has of late captured the imagination of business leaders across industries. The combination of CarMax’s revolutionary digital business model applied to the used-car business with revolutionary AI tools available to all makes for powerful and profitable business outcomes.

Digital Transformation 145

Digital Transformation Cost-Benefit Business Driver Data Lake 145

CIO Business Intelligence

NOVEMBER 27, 2023

CIOs are hardly Luddites, but even some technologists fret about artificial intelligence, the rapid pace of tech evolution, and their ability to keep up. That’s not to say they’re looking to ditch their roles or smash machines, as the real Luddites had. Rather, they’re stressed about how AI will impact their own organizations.

IT 138

IT Digital Transformation Reporting Finance 138

CIO Business Intelligence

JANUARY 12, 2024

Our 2023 Global Customer Experience Report notes that, in the context of CX, EX has emerged as the top C-suite priority, with the spotlight mainly on technologies that enable and empower employees and raise efficiency levels. AI is a powerful tool, but you must use it right. Take meetings.

Technology 111

Technology Strategy Interactive Reporting 111

CIO Business Intelligence

SEPTEMBER 18, 2023

When the timing was right, Chavarin honed her skills to do training and coaching work and eventually got her first taste of technology as a member of Synchrony’s intelligent virtual assistant (IVA) team, writing human responses to the text-based questions posed to chatbots.

IT 136

IT Cost-Benefit Technology Business Intelligence 136

CIO Business Intelligence

APRIL 25, 2023

Over the last few months, both business and technology worlds alike have been abuzz about ChatGPT, and more than a few leaders are wondering what this AI advancement means for their organizations. It’s only one example of generative AI. Meanwhile, however, many other labs have been developing their own generative AI models.

Experimentation 116

Experimentation Enterprise Deep Learning Modeling 116

CIO Business Intelligence

JUNE 30, 2023

It’s well acknowledged that data, when used correctly, has the potential to be a strategic growth asset driving innovation – and with the recent developments in large language models (LLM) for AI, data is really having its day in the sun. To win the game, you need a modern, future-proof business plan.

Internet of Things 104

Internet of Things Strategy Data Strategy Risk 104

CIO Business Intelligence

SEPTEMBER 20, 2023

Data Management: CIOs are focused on effectively managing and leveraging the massive amounts of data generated by digital businesses. Artificial Intelligence (AI) and Machine Learning (ML): AI and ML are rapidly gaining traction as a means of automating processes and improving decision-making.

Digital Transformation 111

Digital Transformation Risk Management Risk Machine Learning 111

CIO Business Intelligence

OCTOBER 11, 2023

A complex mix of macroeconomic instability, technological advancements, and digital disruption has businesses in search of IT leaders who can rise to the occasion and turn what could be intractable challenges into business opportunities. Most CIOs (58%) are still in what Forrester calls the traditional mode of leading IT.

Technology 137

Technology Enterprise Strategy Risk 137

CIO Business Intelligence

JULY 17, 2023

Companies that have embraced the cloud need to understand the Shared Responsibility Model: a security and compliance framework that explains what shared infrastructure and systems the cloud provider is responsible for maintaining and how a customer is responsible for operating systems, data, and applications utilizing the cloud.

Management 98

Management Data Processing Risk Digital Transformation 98

CIO Business Intelligence

FEBRUARY 28, 2023

As enterprises increasingly look to artificial intelligence (AI) to support, speed up, or even supplant human decision-making, calls have rung out for AI’s use and development to be subject to a higher power: our collective sense of right and wrong. Impartiality : AI systems must not follow or create biases.

IT 136

IT Enterprise Software Technology 136

CIO Business Intelligence

AUGUST 9, 2023

Digital transformation became a key strategic initiative in the mid-2010s, as mobile communications, cloud, data analytics, and other advanced information technologies took off, enabling businesses and consumers to easily engage via digital channels. Amazon became a metaphor for markets upended in upstarts digitalization wake. Deere & Co.,

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

CIO Business Intelligence

JANUARY 10, 2023

Hiring tech talent in 2023 means navigating an uncertain economy, the effects of widespread tech industry layoffs, and candidates who want to work for a company with a mission and workplace culture that align with their values, including diversity, equity, and inclusion. IT leaders say the best approach is to focus on adaptability.

IT 131

IT Uncertainty Data Science Marketing 131

CIO Business Intelligence

DECEMBER 13, 2023

Most recently, in June, it spent $650 million to buy Casetext, a 104-employee company that offers an AI assistant for legal professionals powered by OpenAI’s GPT-4, the same large language model (LLM) behind ChatGPT. But that’s not the only big bet the company is making on generative AI. What does it mean to be a business partner?

Enterprise 137

Enterprise Consulting Risk Marketing 137

CIO Business Intelligence

JULY 31, 2023

The same goes for reinsurance firms, which provide insurance for insurers, reducing their likelihood of large payouts—a significant factor in the insurance industry’s response to natural disasters. In 2023, through July 11, NOAA confirmed 12 such events, including floods and severe storms.

Insurance 98

Insurance Strategy Modeling Data-driven 98

CIO Business Intelligence

OCTOBER 24, 2023

Over the past few years, CIOs have focused on enabling hybrid work, driving efficiencies through automation, modernizing applications, enabling machine learning predictions, and maturing the data-driven organization. It’s hard to deliver business outcomes from any technology investment without business executives as partners.

Digital Transformation 145

Digital Transformation Data-driven Business Objectives Strategy 145

CIO Business Intelligence

FEBRUARY 14, 2023

Titanium Intelligent Solutions, a global SaaS IoT organization, even saved one customer over 15% in energy costs across 50 distribution centers , thanks in large part to AI. Here, I’ll focus on why these three elements and capabilities are fundamental building blocks of a data ecosystem that can support real-time AI.

Data Strategy 116

Data Strategy Strategy Machine Learning Data-driven 116

CIO Business Intelligence

MARCH 13, 2023

Bodnari, who previously worked at Google, says that while the search engine giant was a great place to build core technology, it felt more meaningful to integrate healthcare with AI. Individuals are looking to make sure they have a role that is socially responsible and globally responsible.”

Machine Learning 98

Machine Learning Technology Software Reporting 98

CIO Business Intelligence

AUGUST 14, 2023

The AI fragrance application trimmed years off what had been a lengthy process, based largely on human “hit-and-miss” calculations, enabling the company to manufacture and market new products while demand was at its peak. Participating partner Ernst & Young (China) was brought in to assist Huabao with constructing the digital landscape.

Key Performance Indicator 98

Key Performance Indicator Sales Manufacturing KPI 98