IBM Big Data Hub

SEPTEMBER 6, 2023

In a May 2023 survey carried out by IBM and Momentive.ai , 67% of CMOs reported that they plan on implementing generative AI in the next 12 months and 86% plan to do so within 24 months. Enterprise marketing teams stand to benefit greatly from generative AI, yet introduction of this capability will require new skills and processes.

Marketing 114

Marketing Strategy B2B Cost-Benefit 114

AWS Big Data

JANUARY 9, 2024

We are excited about the OpenSearch Service features and enhancements we’ve added to that toolkit in 2023. 2023 was a year of rapid innovation within the artificial intelligence (AI) and machine learning (ML) space, and search has been a significant beneficiary of that progress. Multi-modal search OpenSearch Service 2.11

Visualization 92

Visualization Cost-Benefit Modeling Machine Learning 92

CIO Business Intelligence

JULY 31, 2023

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode. This is an issue for CIOs.

Strategy 98

Strategy Risk Enterprise Risk Management 98

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

CIO Business Intelligence

MARCH 25, 2024

This article explores how CIOs can address each of their CFO’s key concerns when moving away from project-based teams to persistent funding, including the need to better track ROI, reduce risk, and reduce cost. The persistent teams used a benefits delivery roadmap, which outlined the SMART benefits to be delivered throughout the year.

Modeling 123

Modeling Cost-Benefit IT ROI 123

CIO Business Intelligence

MAY 30, 2024

One of our key directives was to audit procurement for all state agencies by the end of the calendar year 2023,” McIntosh says. “To The demand is coming from companies [that] have been told by strategy firms that they must cut costs to preserve margins. ALPI) is also benefiting from process mining. 31 deadline.”

IT 140

IT Cost-Benefit Key Performance Indicator Dashboards 140

CIO Business Intelligence

FEBRUARY 29, 2024

Everest Group, which monitors 8,500 captive centers around the world, counted 452 new setups in 2023. Captive centers are no longer just means of value creation, providing cost savings and driving process standardization. The upside of captives today Some benefits of captive centers are the same as ever.

Cost-Benefit 113

Cost-Benefit Risk Modeling Strategy 113

IBM Big Data Hub

MAY 17, 2024

” Given the statistics—82% of surveyed respondents in a 2023 Statista study cited managing cloud spend as a significant challenge—it’s a legitimate concern. A successful cloud strategy requires a comprehensive assessment of cloud maturity. Why move to cloud?

Modeling 98

Modeling Cost-Benefit Optimization Digital Transformation 98

IBM Big Data Hub

FEBRUARY 6, 2024

Organizations that neglect to develop reliable cyber and disaster recovery strategies expose themselves to a broad range of threats that can have devastating consequences. Reduced costs from unplanned events: Cyber and disaster recovery can be expensive, with critical assets like employees, data and infrastructure being threatened.

Cost-Benefit 89

Cost-Benefit Testing Risk Strategy 89

IBM Big Data Hub

AUGUST 18, 2023

Regulators also require organizations to test business recovery processes periodically and provide documented test results showing that SLAs have been met. The need for a strong cyber-resilience strategy According to the IBM Cost of Data Breach Report 2023 , the global average cost of data breach was $4.45M.

Cost-Benefit 75

Cost-Benefit Testing Strategy Risk Management 75

CIO Business Intelligence

JANUARY 9, 2024

IT leaders say they’re discussing everything from the costs of AI implementations to whether AI is the existential threat to humanity some fear. ChatGPT caused quite a stir after it launched in late 2022, with people clamoring to put the new tech to the test. Which business cases actually need AI? It’s an interesting dilemma CIOs have.

IT 140

IT Risk Cost-Benefit Enterprise 140

IBM Big Data Hub

NOVEMBER 30, 2023

The cyberthreat landscape is evolving and countries such as India are facing an alarming rate of increase in cyberattacks ( Q2 of 2023 saw a 90% increase ). Businesses, regardless of their size, are recognizing the importance of a solid security strategy—especially having a strong SOC.

Cost-Benefit 66

Cost-Benefit Digital Transformation Data-driven Strategy 66

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. Develop mitigation strategies.

Optimization 91

Optimization Cost-Benefit Unstructured Data Risk 91

CIO Business Intelligence

JANUARY 5, 2024

Until then, the IT part of Radisson was considered a cost center, but thanks to that plan, it became a central pillar of the group’s strategy. This plan covers from 2018 to 2023. You mentioned assembling a new data strategy to restructure the company. We made everything new from scratch. This is what happened with RPA.

IT 113

IT Finance Cost-Benefit Strategy 113

CIO Business Intelligence

JULY 7, 2023

As an IT management framework, ITIL can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. As of 2023, ITIL 4 has been fully rolled out and Axelos announced the discontinuation of ITIL 3 at the start of 2022.

Cost-Benefit 98

Cost-Benefit Strategy Management Uncertainty 98

CIO Business Intelligence

SEPTEMBER 7, 2023

As the index shows, the benefits of such an approach are widely celebrated. Regrettably, the enthusiasm that led more than a few organizations to quickly adopt a “cloud first” strategy continues to prompt many enterprises to embrace a multi-cloud approach without considering the complexities involved. There are also challenges.

Enterprise 103

Enterprise Management Cost-Benefit Optimization 103

CIO Business Intelligence

JUNE 13, 2022

Juniper Research predicts that chatbots will account for 79% of successful mobile banking interactions in 2023. The very best conversational AI systems come close to passing the Turing test , that is, they are very difficult to distinguish from a human being. . The investments are paying off in more than increased customer loyalty.

Data Processing 103

Data Processing Deep Learning Insurance Cost-Benefit 103

CIO Business Intelligence

OCTOBER 12, 2022

By Bryan Kirschner, Vice President, Strategy at DataStax. Now technology has become such an indispensable tool to drive revenue or remove costs that CIOs are just as likely to be asked to do more in the face of a downturn rather than less. About Bryan Kirschner : Bryan is Vice President, Strategy at DataStax.

Cost-Benefit 97

Cost-Benefit Advertising Uncertainty Strategy 97

CIO Business Intelligence

MARCH 7, 2023

The new resources have come at a 30% to 40% additional cost but there has only been an incremental y-o-y increase of 10% to 12% in our budgets.” Describing India as a “bright spot” in the global economy, Kristalina Georgieva, MD of International Monetary Fund, has said the country will contribute 15% of the global growth in 2023.

IT 109

IT Cost-Benefit Manufacturing Technology 109

DataKitchen

MARCH 16, 2023

Gartner attempted to list every metric under the sun in their recent report , “T oolkit: Delivery Metrics for DataOps, Self-Service Analytics, ModelOps, and MLOps, ” published February 7, 2023. Automated data test tools can help identify data entry errors or processing errors. There are four main benefits of reducing errors.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

CIO Business Intelligence

AUGUST 17, 2023

Generative AI is a key part of our business strategy, facilitating growth with AI-enabled processes already live in production,” he says. We’re testing ChatGPT at an individual level,” he says. That said, I believe once these barriers are overcome, benefits-led implementation will be swift.”

Risk 98

Risk Cost-Benefit Strategy Experimentation 98

IBM Big Data Hub

MAY 26, 2023

Leading life sciences companies are discovering the power of cloud in enabling analytics and artificial intelligence (AI) , shrinking innovation cycles, and standardizing processes across global operations, among other benefits. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach.

Consulting 74

Consulting Cost-Benefit Optimization Machine Learning 74

IBM Big Data Hub

JANUARY 29, 2024

Business continuity and disaster recovery plans are risk management strategies that businesses rely on to prepare for unexpected incidents. Lower financial risk: According to IBM’s recent Cost of Data Breach Report, the average cost of a data breach was USD 4.45 million in 2023—a 15% increase since 2020.

Cost-Benefit 86

Cost-Benefit Risk Enterprise Advertising 86

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. 46% of survey respondents in 2024 showed a preference for open source models.

Cost-Benefit 90

Cost-Benefit Modeling Manufacturing Interactive 90

CIO Business Intelligence

JULY 13, 2023

IT leaders should expect increased competition in many talent pools and that the cost of IT talent will continue to rise.” If you’re updating your recruitment marketing strategy, add a storytelling element that incorporates narratives from IT employees who speak to your organization’s values and culture.”

IT 98

IT Strategy Cost-Benefit Marketing 98

IBM Big Data Hub

AUGUST 16, 2023

Gartner predicted that cloud spending would reach nearly $600 billion by the end of 2023. There are many reasons why organizations have embraced cloud services, including improved efficiencies, cost savings, scalability, flexibility and quicker time-to-market.

Cost-Benefit 64

Cost-Benefit Data Processing Optimization Software 64

Cloudera

JANUARY 14, 2021

They are armed with more knowledge than ever before, as a result, four strategic pillars have emerged that have resulted as leading retailers and brands have deployed a data-centric strategy enabling a customer-first approach. Reinventing Brick and Mortar is Delivering Fresh Customer Experiences.

Cost-Benefit 72

Cost-Benefit Digital Transformation Sales IoT 72

CIO Business Intelligence

DECEMBER 22, 2023

To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.

Consulting 128

Consulting Software Business Objectives Optimization 128

CIO Business Intelligence

JANUARY 23, 2023

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. That app, Microsoft Designer , is currently in closed beta test.

Enterprise 130

Enterprise Deep Learning Recreation/Entertainment Interactive 130

AWS Big Data

MARCH 2, 2023

Apache Iceberg is designed to support these features on cost-effective petabyte-scale data lakes on Amazon S3. To set up and test this solution, we complete the following high-level steps: Set up an S3 bucket in the curated zone to store converted data in Iceberg table format. As of January 2023, the latest release is 6.9.0.

Data Lake 118

Data Lake Data Processing Metadata Snapshot 118

AWS Big Data

APRIL 25, 2024

To address this challenge, common practices like partitioning and bucketing can significantly improve query performance and reduce computation costs. The queries need to complete in 10 seconds, and the cost needs to be optimized carefully. In this scenario, you’re a data engineer responsible for optimizing query performance and cost.

Optimization 65

Optimization Data Lake Cost-Benefit Reporting 65

CIO Business Intelligence

MAY 17, 2022

The following real-world implementation issues highlight prominent risks every IT leader must account for in putting together their company’s AI deployment strategy. If a correlation uncovered by the algorithm is weak, doctors might be subjecting patients to unnecessary tests that would be a waste of time and money for the hospital.

Risk 145

Risk Consulting Machine Learning Data Science 145

CIO Business Intelligence

SEPTEMBER 21, 2023

Generative AI touches every aspect of the enterprise, and every aspect of society,” says Bret Greenstein, partner and leader of the gen AI go-to-market strategy at PricewaterhouseCoopers. It doesn’t matter how accurate an AI model is, or how much benefit it’ll bring to a company if the intended users refuse to have anything to do with it.

Enterprise 128

Enterprise Consulting Modeling Cost-Benefit 128

O'Reilly on Data

NOVEMBER 28, 2023

Generative AI has been the biggest technology story of 2023. As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI. Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing. of users and 3.9%

Enterprise 270

Enterprise Modeling Testing Reporting 270

CIO Business Intelligence

MAY 27, 2024

A study by Verizon in their 2023 Data Breach Investigations Report found that 68% of breaches involved a human element, such as social engineering, misuse of privileges, or simple mistakes. The incident cost Maersk over $300 million in losses. Here are some key strategies: 1. million compared to those with lower levels.

Cost-Benefit 113

Cost-Benefit Statistics ROI Measurement 113

Jen Stirrup

FEBRUARY 24, 2024

Artificial Intelligence revolutionizes large and small businesses with automation, data analysis, and improved customer experiences, offering cost savings and a competitive edge. Artificial Intelligence is transforming industries and everyday lives, but how can it benefit small businesses? What is AI?

Cost-Benefit 71

Cost-Benefit Data-driven Testing Sales 71

CIO Business Intelligence

SEPTEMBER 13, 2023

Indeed, 50% of C-suite execs surveyed for a 2023 report on digital transformation from fintech company Broadridge admitted they struggle to balance innovation with daily tasks. It is nearly impossible to separate the business strategy from the organization’s technology strategy. Give them challenges.

IT 135

IT Digital Transformation Risk Cost-Benefit 135