Cloudera

DECEMBER 19, 2023

Without a doubt, 2023 has shaped up to be generative AI’s breakout year. Earlier this month, I had the opportunity to lead a roundtable discussion at the PSN Government Innovation show ( 2023 Government Innovation Show – Federal – Public Sector Network ) in Washington, DC. The underlying reason?

Optimization 95

Optimization Cost-Benefit Unstructured Data Risk 95

CIO Business Intelligence

MAY 21, 2024

We were using LLMs for chat support for administrators and employees, but when you get into vector data, and large graphical structures with a couple of hundred million rows of inter-related data and you want to optimize towards a predictive model for the future, you can’t get anywhere with LLMs,” says MakeShift CTO Danny McGuinness.

IT 129

IT Cost-Benefit Experimentation Forecasting 129

CIO Business Intelligence

NOVEMBER 14, 2023

“Today we face the harsh reality of cloud costs, if not done right,” says Jay Upchurch, executive vice president and CIO at SAS. Cloud costs will often — and rapidly — become large line items on budgets. Cloud costs will often — and rapidly — become large line items on budgets. There are other risks, too.

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

CIO Business Intelligence

JANUARY 11, 2024

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. These external factors can have a dramatic impact on business operations and strategic planning.

IT 132

IT Uncertainty Cost-Benefit Strategy 132

CIO Business Intelligence

OCTOBER 23, 2023

According to its 2023 research paper Total Enterprise Reinvention , “only 8% of companies are moving to adopt a strategy of Total Enterprise Reinvention.” Jain says that starts by understanding the definition of “customer,” which Jain defines as “anybody who benefits from your services and products.” IT needs to go beyond that.

IT 137

IT Consulting Scorecard Key Performance Indicator 137

AWS Big Data

OCTOBER 1, 2024

Over the last year, Amazon Redshift added several performance optimizations for data lake queries across multiple areas of query engine such as rewrite, planning, scan execution and consuming AWS Glue Data Catalog column statistics. Some of the queries in our benchmark experienced up to 12x speed up.

Data Lake 103

Data Lake Statistics Broadcasting Optimization 103

Ontotext

DECEMBER 1, 2023

So, KGF 2023 proved to be a breath of fresh air for anyone interested in topics like data mesh and data fabric , knowledge graphs, text analysis , large language model (LLM) integrations, retrieval augmented generation (RAG), chatbots, semantic data integration , and ontology building. Cunningham.

Metadata 78

Metadata Sales Consulting Machine Learning 78

CIO Business Intelligence

JULY 5, 2024

IT teams must be able to equip workers with the right AI tools and ensure thorough training for optimal use. Intel® Core™ Ultra processors featuring NPU engines also mean these HP AI PCs, such as the EliteBook 1000 series, can extend battery life, boost productivity, and enhance collaboration, packing a powerful punch of added benefits.

Cost-Benefit 116

Cost-Benefit Optimization Technology IT 116

CIO Business Intelligence

NOVEMBER 8, 2023

in September, 2023, the price pressures facing IT have persisted. in September, 2023, the price pressures facing IT have persisted. The technology talent gap continues to inflate labor costs, too, despite big layoffs in high tech, CIOs say, and they’ve seen double-digit increases in SaaS and cloud costs over the last two years.

IT 132

IT Cost-Benefit Digital Transformation Software 132

AWS Big Data

OCTOBER 3, 2023

Compaction is the process of combining these small data and metadata files to improve performance and reduce cost. Systems of this nature generate a huge number of small objects and need attention to compact them to a more optimal size for faster reading, such as 128 MB, 256 MB, or 512 MB. impl":"org.apache.iceberg.aws.s3.S3FileIO",

Optimization 120

Optimization Snapshot Data Lake Metadata 120

CIO Business Intelligence

JANUARY 23, 2023

Companies and governments are aware of the benefits of new technologies and digitization: optimizing costs and operating resources, ensuring customer satisfaction, attracting new customers, and gaining a competitive advantage through digital adoption. GCC countries are increasingly looking to invest in Digital.

IoT 108

IoT Strategy Cost-Benefit Digital Transformation 108

CIO Business Intelligence

FEBRUARY 13, 2023

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. It’s all about uptime and input.

IT 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

OCTOBER 2, 2024

Cities are embracing smart city initiatives to address these challenges, leveraging the Internet of Things (IoT) as the cornerstone for data-driven decision making and optimized urban operations. from 2023 to 2028. According to IDC, the IoT market in the Middle East and Africa is set to surpass $30.2

IoT 121

IoT Internet of Things Predictive Modeling Data-driven 121

CIO Business Intelligence

OCTOBER 2, 2024

Cities are embracing smart city initiatives to address these challenges, leveraging the Internet of Things (IoT) as the cornerstone for data-driven decision making and optimized urban operations. from 2023 to 2028. According to IDC, the IoT market in the Middle East and Africa is set to surpass $30.2

IoT 120

IoT Internet of Things Predictive Modeling Data-driven 120

Smart Data Collective

NOVEMBER 4, 2021

A geolocation transponder is very useful on a highway, since it picks up the beacon and charges the cost to your account. Here are some benefits of big data provided by GPS technology: It helps car companies learn more about the driving behaviors of their customers, so vehicles can be designed to meet their needs.

Optimization 110

Optimization Big Data Cost-Benefit Manufacturing 110

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. 3- Continued move to the public cloud and hybrid cloud, optimizing deployments. 1- Treating data as a strategic business asset .

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

NOVEMBER 8, 2023

It is estimated by the end of 2023, 31% of organizations expect to run 75% of their workloads 2 in the cloud. 1 The rapid migration to the public cloud comes with numerous benefits, such as scalability, cost-efficiency, and enhanced collaboration. 6 On top of that, the average cost of a data breach is over $4.4

Cost-Benefit 134

Cost-Benefit Risk Digital Transformation Reporting 134

AWS Big Data

APRIL 25, 2024

However, as data volumes continue to grow, optimizing data layout and organization becomes crucial for efficient querying and analysis. To address this challenge, common practices like partitioning and bucketing can significantly improve query performance and reduce computation costs.

Optimization 70

Optimization Data Lake Cost-Benefit Reporting 70

Smart Data Collective

JANUARY 30, 2023

However, there are other benefits of AI in marketing that get less publicity. As AI continues to change the marketing landscape , marketers will keep looking for new ways to automate various processes, reduce the scope of human error and lower costs. After all, it can mean their search engine optimization (SEO) techniques are working.

Advertising 97

Advertising Cost-Benefit Marketing Strategy 97

CIO Business Intelligence

SEPTEMBER 14, 2023

In a rapidly evolving business landscape, where innovation and cost efficiency are paramount, the launch of VMware Cross-Cloud managed services at VMware Explore 2023 Las Vegas is a pivotal moment. Flexibility: Organizations can now choose the cloud environments that best suit their specific needs.

Management 94

Management Cost-Benefit Optimization ROI 94

CIO Business Intelligence

SEPTEMBER 30, 2024

In fact, IT’s embrace of AI is nearly ubiquitous, with 89% of IT decision-makers surveyed for Foundry’s 2024 CIO Tech Priorities study saying they’re researching, piloting, or currently using AI-enabled technologies — up from 72% in 2023. AI changes the bundle of tasks that are in a job, and AI over time will change the nature of roles.

Machine Learning 141

Machine Learning ROI Data Processing Optimization 141

CIO Business Intelligence

JULY 10, 2024

As organizations worldwide prepare to spend over $40 billion in core IT (technology budgeted and overseen by central IT) on GenAI in 2024 (per IDC’s Worldwide Core IT Spending for GenAI Forecast, 2023-2027 , January 2024), there’s an urgent need to manage the risks associated with these investments.

Risk 108

Risk Strategy Consulting Cost-Benefit 108

CIO Business Intelligence

AUGUST 13, 2024

Indeed, according to the 2023 survey (September 2023), 71.1% Unlike traditional approaches, deep automation is holistic, adaptive, and evolutive, prioritizing human-machine partnership and customer experience for optimal efficiency and impact. said it was to improve processes in the context of difficult economic conditions.

Data-driven 127

Data-driven Metrics Optimization Deep Learning 127

CIO Business Intelligence

JULY 17, 2023

Like investors, they seek optimal outcomes while minimizing risks. This includes migrating to different tools, based on changing requirements such as performance, latency, resiliency, and security, as well as cost efficiency. Professional investors factor in certain financial targets and risk tolerance as they pursue maximum ROI.

Cost-Benefit 97

Cost-Benefit Optimization ROI Strategy 97

CIO Business Intelligence

OCTOBER 23, 2024

Organizations experimenting with gen AI typically set up enterprise-grade accounts with cloud-based services such as OpenAI’s ChatGPT or Anthropic’s Claude, and early field tests and productivity benefits may inspire them to look for more opportunities to deploy the technology. Adobe’s Photoshop, for example, now has a gen AI feature.

Cost-Benefit 124

Cost-Benefit Enterprise Testing Consulting 124

CIO Business Intelligence

AUGUST 14, 2024

Microsoft itself claims half of Fortune 500 companies use its Copilot tools and the number of daily users doubled in Q4 2023, although without saying how widely they’re deployed in those organizations. The cost of OpenAI is the same whether you buy it directly or through Azure. Although competitors have similar model gardens, at 13.8%

Enterprise 135

Enterprise Cost-Benefit Experimentation Modeling 135

CIO Business Intelligence

JANUARY 4, 2023

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. Fortunately, the HPC community is both collaborative and transparent in our work to apply and advance supercomputing technologies.

Cost-Benefit 57

Cost-Benefit Machine Learning Uncertainty Modeling 57

IBM Big Data Hub

APRIL 22, 2024

“But it’s important to reap these benefits while minimizing the environmental impact. . “But it’s important to reap these benefits while minimizing the environmental impact. In our 2023 Impact Report , we reported that 70.6% In our 2023 Impact Report , we reported that 70.6%

Cost-Benefit 88

Cost-Benefit Modeling Manufacturing Reporting 88

CIO Business Intelligence

JANUARY 3, 2024

AI can help optimize processes in many different ways, for example: customers’ speech and text into different languages, dialects, or accents. They have created a joint solution that combines Amazon Connect with additional features from IBM Consulting to optimize and personalize customer communication.

Insurance 123

Insurance B2B Consulting Cost-Benefit 123

Jen Stirrup

AUGUST 18, 2023

AI can help here in various ways, notably to support optimization in exploration and production efforts with a view on sustainability. AI can optimize drilling and production processes by analyzing enormous amounts of data at speed, such as seismic data, well logs, and reservoir simulation data.

Optimization 96

Optimization Cost-Benefit IoT Data-driven 96

CIO Business Intelligence

JULY 24, 2024

In fact, by 2027, more than 50% of the GenAI models used by large businesses are predicted to be designed specifically for focused industry or business process functions – up from about 1% in 2023, according to Gartner. The following are some of the important lessons we’ve learned along the way.

Modeling 72

Modeling Insurance Cost-Benefit Unstructured Data 72

CIO Business Intelligence

SEPTEMBER 5, 2024

billion industry in India’s networking infrastructure in 2023, and projected to hit over US$ 6 billion in 2028. Ultimately, as AI driven solutions take centerstage, and its popularity drives down the costs of AI training, Ruckus is getting ahead of the curve of mass adoption. It has now grown significantly, becoming a US$ 5.09

IoT 115

IoT Internet of Things Manufacturing Data-driven 115

CIO Business Intelligence

JANUARY 4, 2023

In its Worldwide Sustainability/ESG 2023 Predictions , analyst firm IDC sees digital and sustainability transformations converging. This should not just be a discussion about costs; sustainability should be considered as a business outcome.” And the opportunities for tech-enabled sustainability solutions are wide ranging.

IT 129

IT Internet of Things Reporting Cost-Benefit 129

CIO Business Intelligence

DECEMBER 19, 2023

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.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

O'Reilly on Data

APRIL 23, 2024

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Why is it that Google, a company once known for its distinctive “Do no evil” guideline, is now facing the same charges of “surveillance capitalism” as Facebook, a company that never made such claims? What Is Economic Rent?

Advertising 278

Advertising Cost-Benefit Marketing Risk 278

CIO Business Intelligence

NOVEMBER 27, 2023

How can CIOs deliver accurate, trustworthy AI without the energy costs and carbon footprint of a small city? Six tips for deploying Gen AI with less risk and cost-effectively The ability to retrain generative AI for specific tasks is key to making it practical for business applications. But do be careful.

Risk 131

Risk Cost-Benefit Modeling IoT 131

Timo Elliott

FEBRUARY 8, 2023

ActoVent in Germany is a great example of this trend, and has explained the technical and business opportunities in their entry to the SAP Innovation Awards 2023. This has helped guarantee high quality air while reducing energy costs by more than 20% — with further cost cutting opportunities expected in the future.

Modeling 98

Modeling Cost-Benefit Optimization Machine Learning 98