Remove 2023 Remove Business Intelligence Remove Data Processing Remove Modeling
article thumbnail

Managed services projections increase through 2023

CIO Business Intelligence

Despite national news about increased costs, economic uncertainty, and more reports of technology firm layoffs, respondents indicated that they were planning to spend more IT budget in 2023, not less. The 2023 State of IT report stated that 59% of all respondents find it somewhat challenging or very challenging to find skilled IT talent.

article thumbnail

Private cloud makes its comeback, thanks to AI

CIO Business Intelligence

Private cloud providers may be among the key beneficiaries of today’s generative AI gold rush as, once seemingly passé in favor of public cloud, CIOs are giving private clouds — either on-premises or hosted by a partner — a second look. You don’t want a mistake to happen and have it end up ingested or part of someone else’s model.

IT 137
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 ways to deploy your own large language model

CIO Business Intelligence

A large language model (LLM) is a type of gen AI that focuses on text and code instead of images or audio, although some have begun to integrate different modalities. But there’s a problem with it — you can never be sure if the information you upload won’t be used to train the next generation of the model. Dig Security isn’t alone.

Modeling 128
article thumbnail

What’s New and What’s Next in 2023 for HPC

CIO Business Intelligence

Cloud, sustainability, scale, and exponential data growth—these major factors that set the tone for high performance computing (HPC) in 2022 will also be key in driving innovation for 2023. Advances in Artificial Intelligence and Machine Learning (AI/ML): AI/ML will continue growing as an important workload in HPC.

article thumbnail

SAP forecasts clarity in the cloud

CIO Business Intelligence

And even the companies that have heavily invested in SAP on-premise for years are moving to the cloud, with Microsoft Teams and Microsoft 365 — best-of-breed applications — or they host their ERP systems. All business models, across all industries, and especially in Germany, are undergoing fundamental changes.

article thumbnail

FinOps is the discipline enterprises need to optimize cloud spending

CIO Business Intelligence

in 2023, to $591.8 A survey for Foundry’s Cloud Computing Study 2023 found that lowering total cost of ownership ranks in the top three drivers of cloud computing initiatives, but controlling cloud costs was the top challenge that slows or stalls cloud adoption. “The Cloud Computing

article thumbnail

Huawei unveils four strategic directions for the future of finance

CIO Business Intelligence

Finance is poised to undergo a transformation, as Artificial Intelligence (AI) steps in to make real-time decisions using vast data sets. This vision was outlined by Jason Cao, CEO of Global Digital Finance at Huawei, during Huawei Intelligent Finance Summit 2023. This model treats entire data centres as computers. “We

Finance 92