Remove 2023 Remove Cost-Benefit Remove Data-driven Remove Modeling
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To understand the risks posed by AI, follow the money

O'Reilly on Data

Others retort that large language models (LLMs) have already reached the peak of their powers. These are risks stemming from misalignment between a company’s economic incentives to profit from its proprietary AI model in a particular way and society’s interests in how the AI model should be monetised and deployed.

Risk 221
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Rockwell Automation makes shift to ‘as-a-service’ model

CIO Business Intelligence

To do so, Nardecchia and his team sought to incorporate “digital threads” into the company’s hardware and thereby expand its business model beyond manufacturing into software-as-a-service. “We We knew we had to reinvent ourselves and that our business model wasn’t going to be sustained with so many companies moving to software as a service.

Modeling 105
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KGF 2023: Bikes To The Moon, Datastrophies, Abstract Art And A Knowledge Graph Forum To Embrace Them All

Ontotext

It enriched their understanding of the full spectrum of knowledge graph business applications and the technology partner ecosystem needed to turn data into a competitive advantage. Content and data management solutions based on knowledge graphs are becoming increasingly important across enterprises.

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A summary of Gartner’s recent DataOps-driven data engineering best practices article

DataKitchen

On 24 January 2023, Gartner released the article “ 5 Ways to Enhance Your Data Engineering Practices.” Or, as one of our customers put it, “How do I increase the total amount of team insight generated without continually adding more staff (and cost)?” Staff turnover, stress, and unhappiness. It’s not been going well.

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Key Success Metrics, Benefits, and Results for Data Observability Using DataKitchen Software

DataKitchen

Key Success Metrics, Benefits, and Results for Data Observability Using DataKitchen Software Lowering Serious Production Errors Key Benefit Errors in production can come from many sources – poor data, problems in the production process, being late, or infrastructure problems. Data errors can cause compliance risks.

Metrics 117
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Top 9 challenges IT leaders will face in 2023

CIO Business Intelligence

Three years ago, IT leaders were squarely focused on how to adopt fledgling AI techniques and approaches into their business models in service of digital transformations that included plans for shifting some workloads to the cloud. Inflation is a major issue for CIOs both in direct costs and labor,” Reeher says.

IT 145
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3 key digital transformation priorities for 2024

CIO Business Intelligence

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control.