Remove 2023 Remove Business Objectives Remove Cost-Benefit Remove Marketing
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10 Best Big Data Analytics Tools You Need To Know in 2023

FineReport

Cost Savings : Big data tools such as FineReport , Hadoop, Spark, and Apache can assist businesses in saving costs by storing and handling huge amounts of data more efficiently. Market Insight : Analyzing big data can help businesses understand market demand and customer behavior.

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Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. Conduct market research. Choose the right development partner.

Strategy 290
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Transforming IT for digital success

CIO Business Intelligence

According to its 2023 research paper Total Enterprise Reinvention , “only 8% of companies are moving to adopt a strategy of Total Enterprise Reinvention.” Meanwhile, 86% are what Accenture deemed “transformers,” meaning they’re “transforming parts of their business rather than the whole. “IT IT needs to go beyond that.

IT 137
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Cloud Analytics Powered by FinOps

Cloudera

Agility, innovation, and time-to-value are the key differentiators cloud service providers (CSP) claim to help organizations speed up digital transformation projects and business objectives. The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management.

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AI search and RAG at Microsoft Build 2024 – what does this mean for businesses?

Jen Stirrup

These reference architectures and implementation guides allow enterprises to deploy intelligent applications confidently, ensuring reliability, cost-efficiency, and compliance. AIGC models could be better; at the time of writing, ChatGPT was up to date until May 2023, one year ago. What are the risks of RAG for businesses?

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13 IT resolutions for 2024

CIO Business Intelligence

With AI being the talk of 2023, [there were questions on] how do we, as a company, handle its adoption, governance, and education about it to our employees,” he says. What benefit does AI serve to that department? Transform IT into a business catalyst CIOs say they want to further transform IT. Statistics can be very misleading.

IT 144
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The unfulfilled promise of automation: DNA matters

CIO Business Intelligence

But the market demands something more, in the form of end-to-end automation capabilities that push beyond efficiency into other outcomes such as innovation, growth, and true business resiliency. The approach has value, evidenced by the size of the RPA and process mining markets. If history is a guide, the answer is no.