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Technology and AI

CIO Business Intelligence

At the core of the Linz AI ecosystem is the Artificial Intelligence Lab at the Linz Institute of Technology (LIT) , where Austrian AI pioneer Sepp Hochreiter and his team conduct research in the field of deep learning, thus facilitating the industrial use of AI. Companies like Dynatrace benefit from this set-up.

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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. As a community, we keep sharing information and we stay on top of developments to realize the maximum benefits of HPC.

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Unlocking financial benefits through data monetization

IBM Big Data Hub

Financial benefits include increased revenue through the creation of adjacent industry business models, accessing new markets to establish more revenue streams, and growing existing revenue. Cost optimization can be achieved through a combination of productivity enhancements, infrastructure savings and reductions in operating expenses.

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Explainer: Building a high-performing last-mile delivery software

CIO Business Intelligence

million by 2028, growing at a CAGR of 7.35% from 2023 to 2028. Since the last mile process is highly agile, CIOs must ensure the software systems have built-in deep learning capabilities to make in-the-moment decisions. This integration brings forth a suite of tangible benefits.

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Retailers can tap into generative AI to enhance support for customers and employees

IBM Big Data Hub

With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications. trillion on retail businesses through 2029. trillion in that year.

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NLP Isn’t Enough. Leading Financial Services Companies Are Now Moving to Conversational AI.

CIO Business Intelligence

Juniper Research predicts that chatbots will account for 79% of successful mobile banking interactions in 2023. Juniper Research forecasts that in 2023 the global operational cost savings from chatbots in banking will reach $7.3 And that not only benefits customers, but it can also increase morale among the employees.

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Microsoft’s latest OpenAI investment opens way to new enterprise services

CIO Business Intelligence

Microsoft stands to benefit from its investment in three ways. As OpenAI’s exclusive cloud provider it will see additional revenue for its Azure services, as one of OpenAI’s biggest costs is providing the computing capacity to train and run its AI models. The deal, announced by OpenAI and Microsoft on Jan.