CIO Business Intelligence

JULY 17, 2023

The Infrastructure-as-a-Service (IaaS) cloud computing model enables remote working, supports digital transformation, provides scale, increases resilience, and can reduce costs. Unless the model is understood and followed, it could lead to data, applications, and cloud workloads being exposed to security vulnerabilities.

Management 98

Management Data Processing Risk Digital Transformation 98

CIO Business Intelligence

NOVEMBER 2, 2023

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023. It depends on what business model you’re in.

Strategy 140

Strategy Data Processing Experimentation Optimization 140

CIO Business Intelligence

APRIL 11, 2024

Oracle Cloud Infrastructure is now capable of hosting a full range of traditional and modern IT workloads, and for many enterprise customers, Oracle is a proven vendor,” says David Wright, vice president of research for cloud infrastructure strategies at research firm Gartner.

Enterprise 124

Enterprise IT Data Processing Strategy 124

Laminar Security

DECEMBER 1, 2023

According to a recent report by IBM , the average cost of a data breach in 2023 was $4.24 Laminar’s State of Cloud Data Security Report 2023 revealed that three out of four respondents acknowledged that their cloud environments were breached in the previous year. million, the highest it’s been in 17 years.

Modeling 52

Modeling Cost-Benefit Risk Data-driven 52

IBM Big Data Hub

DECEMBER 5, 2023

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.

Unstructured Data 95

Unstructured Data Cost-Benefit Experimentation Machine Learning 95

Rita Sallam

APRIL 2, 2023

Are there mitigation strategies that show reasons for optimism? Are there mitigation strategies that can be implemented successfully that could provide policy guidance and reasons for optimism in the face of ever increasing frequency of extreme weather events? Based on these estimators, SAS created an easy to use what-if dashboard.

Optimization 52

Optimization Machine Learning Insurance Risk 52

CIO Business Intelligence

MARCH 11, 2024

2023 was a challenging year, to say the least, for our industry – and software/SaaS vendors were hit particularly hard. A generic CRM might manage leads, but can it optimize industry pricing? Deep industry domain knowledge takes time – and experience – to build, and generally requires a much more expansive delivery model.

Manufacturing 106

Manufacturing Cost-Benefit Finance Marketing 106

IBM Big Data Hub

JANUARY 9, 2024

An IDC survey forecasting the primary reasons for an increase in enterprise storage spending in 2023 cites, “greater data protection needs” was the most selected primary driver by IT decision makers. You don’t have to worry about hosting, shopping for ingredients, cooking or even the resulting clean up.

Digital Transformation 72

Digital Transformation Business Driver Optimization Strategy 72

IBM Big Data Hub

FEBRUARY 7, 2024

Circular economy: When waste is a resource Waste not, want not: the circular economy model, which aims to minimize unnecessary waste and make the most of resources, is booming. 2 For example, some are turning to software solutions that can more easily capture, manage and report ESG data. trillion in economic benefits by 2030.

Reporting 97

Reporting Cost-Benefit Internet of Things Data-driven 97

IBM Big Data Hub

APRIL 18, 2024

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

CIO Business Intelligence

DECEMBER 20, 2023

million by 2028, growing at a CAGR of 7.35% from 2023 to 2028. Optimizing service efficiency with smooth, rapid transactions elevates overall customer satisfaction. Since a delivery management system hosts a mammoth of customer data, it provides a lucrative opportunity to enhance the revenue model.

Software 111

Software Deep Learning B2B Cost-Benefit 111

CIO Business Intelligence

OCTOBER 23, 2023

CIOs and their IT teams have enjoyed a bump in power and prestige in recent years, as the C-suite has embraced continuous transformation, digital everything, and a host of emerging technologies — all enabled by IT. Organizations should optimize IT ops by bringing in automation to continuously look for cost reduction opportunities.

IT 137

IT Consulting Scorecard Key Performance Indicator 137

IBM Big Data Hub

NOVEMBER 9, 2023

Which is why the Recording Academy®, which hosts the GRAMMYs®, calls it “Music’s Biggest Night® ” But it’s still only one night. It’s a major production. So they developed an initial two-phase engagement to triage non-negotiable processes before addressing long-term engagement and scalability.

Consulting 63

Consulting Digital Transformation Optimization Marketing 63

CIO Business Intelligence

OCTOBER 23, 2023

In the Equinix 2023 Global Tech Trends Survey (GTTS), 68% of global IT leaders said that the environmental impact of their IT equipment and infrastructure is something they measure and actively try to limit. This could allow you to run even very large model training workloads without the need for power-hungry cooling systems.

Enterprise 124

Enterprise Digital Transformation Strategy Data Processing 124

Cloudera

OCTOBER 30, 2023

The public cloud is increasingly becoming the preferred platform to host data analytics – related projects, such as business intelligence, machine learning (ML), and AI applications. According to the Flexera 2023 survey 1 , 82 percent of enterprises and SMBs pointed to cost management as the main challenge they are trying to overcome.

Analytics 75

Analytics Cost-Benefit ROI Business Objectives 75

IBM Big Data Hub

MAY 26, 2023

Cloud computing offers the potential to redefine and personalize customer relationships, transform and optimize operations, improve governance and transparency, and expand business agility and capability. Leading life science companies are leveraging cloud for innovation around operational, revenue and business models.

Consulting 78

Consulting Cost-Benefit Optimization Machine Learning 78

Jen Stirrup

JUNE 21, 2023

AI includes optimizing existing algorithms and low-code options to help develop AI-based innovations that are intrinsically more efficient. Decarbonization efforts through sustainable energy and effective use of data in AI One crucial area for innovation in energy system optimization is data. How can you get involved at ADIPEC 2023?

Technology 52

Technology Manufacturing Data Processing Optimization 52

IBM Big Data Hub

MARCH 8, 2024

The ecosystem has become more complex as business models advance and new ecommerce trends appear. Digital optimization and automation tools have made it cheaper and easier for businesses to use customer data or third-party data, creating intelligent ecommerce sites. The ecommerce market has grown exponentially over the last decade.

Consulting 86

Consulting Marketing Sales Data Processing 86

Smart Data Collective

JANUARY 11, 2021

Furthermore, the report found cloud-hosting services are expected to account for almost half of all manufacturing software usage by manufacturing companies by the year 2023. Also, with cloud technology’s ability to virtually simulate tooling and modeling, you can speed up trial productions and reduce waste. Instant Quotes.

Manufacturing 99

Manufacturing Cost-Benefit Internet of Things Big Data 99

DataKitchen

FEBRUARY 21, 2023

On 24 January 2023, Gartner released the article “ 5 Ways to Enhance Your Data Engineering Practices.” Data Engineering teams often deliver to one or more self-service teams in a hub and spoke or data enablement organization model. His company just decided that it needs to get its act together with data.

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

AWS Big Data

MARCH 10, 2023

The transformed zone is an enterprise-wide zone to host cleaned and transformed data in order to serve multiple teams and use cases. Sales data model Star schema and its variants are very popular for modeling data in data warehouses. Dimension-based models have been used extensively to build data warehouses.

Data Lake 105

Data Lake Sales Data Warehouse Snapshot 105

BizAcuity

APRIL 25, 2022

According to Statista, the US online gambling market is expected to reach $93 billion by 2023 from $67 billion in 2022. . To fully utilize the benefit, high-end algorithms are deployed on digital assets and then data analysis is done to produce optimized marketing campaigns. Floor Optimization. Casino Marketing matters.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

IBM Big Data Hub

APRIL 4, 2024

In a report from Technavio (link resides outside ibm.com), the private cloud services market size is estimated to grow at a CAGR of 26.71% between 2023 and 2028, and it is forecast to increase by USD 619.08 A VPC allows organizations to run code, host websites, and more in a secure setting with shared CSP resources.

Data Processing 100

Data Processing Cost-Benefit Software Digital Transformation 100

datapine

DECEMBER 11, 2019

SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. AI optimizes business processes, increasing productivity and efficiency while automating repetitive tasks and supporting human capabilities.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

IBM Big Data Hub

MARCH 28, 2024

billion in 2023. A private cloud is a single-tenant cloud computing model in which all of the hardware and software resources are dedicated exclusively to—and accessible only by—a single organization. billion by 2033, up from USD 92.64 What is a private cloud?

Enterprise 107

Enterprise Cost-Benefit Data Processing Software 107

datapine

MAY 31, 2022

Instead of installing software on your own servers, SaaS companies enable you to rent software that’s hosted, this is typically the case for a monthly or yearly subscription fee. More and more CRM, marketing, and finance-related tools use SaaS business intelligence and technology, and even Adobe’s Creative Suite has adopted the model.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

AUGUST 15, 2023

Shamim Mohammad, CIO, CarMax CarMax That volume created a Sisyphean task for the company’s content writers, as they struggled to provide up-to-date information by make, model, and year for each vehicle in the company’s constantly changing inventory. The company expects 60% growth to its waterpark-themed resorts in the next three years.

IT 98

IT Manufacturing IoT Cost-Benefit 98

CIO Business Intelligence

JUNE 6, 2023

And the market for doing so remains robust for corporations looking to make the most of the model. CIOs should define a specialized co-creation model , optimized for collaborating with startups, that can be very different from their in-house development strategies and partnerships with larger service providers.

Key Performance Indicator 105

Key Performance Indicator Cost-Benefit Enterprise Experimentation 105

IBM Big Data Hub

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. billion in 2023. Webex or Slack) hosted over the public internet. to total $678.8 billion in 2024, up from $563.6

Strategy 99

Strategy Cost-Benefit Risk Optimization 99

IBM Big Data Hub

JULY 17, 2023

is our enterprise-ready next-generation studio for AI builders, bringing together traditional machine learning (ML) and new generative AI capabilities powered by foundation models. With watsonx.ai, businesses can effectively train, validate, tune and deploy AI models with confidence and at scale across their enterprise. IBM watsonx.ai

Machine Learning 66

Machine Learning Data Warehouse Modeling Cost-Benefit 66

Cloudera

OCTOBER 17, 2023

Recently, Confluent hosted Current 2023 (formerly Kafka summit) in San Jose on Sept 26th and 27th. I will cover key takeaways from Current 2023 and offer Cloudera’s perspective. This blog is for anyone who was interested but unable to attend the conference, or anyone interested in a quick summary of what happened there.

Data-driven 75

Data-driven Enterprise IoT Data Warehouse 75

IBM Big Data Hub

SEPTEMBER 27, 2023

The average cost of a data breach set a new record in 2023 of USD 4.45 A modern log management platform, optimized for security and compliance use cases, can be vital to modernizing security operations, improving security readiness and reducing risk in a more cost-effective way.

Cost-Benefit 102

Cost-Benefit OLAP Dashboards Visualization 102

Cloudera

APRIL 21, 2022

(Remember, a pedabyte of data is roughly equivalent to 500 billion pages of standard printed text) A solution was needed to backstop those never-ending streams of data into a single, universally available platform, using advanced analytics powered by machine learning optimized for a cloud service.

Metadata 84

Metadata Informatics Insurance Data Processing 84

CIO Business Intelligence

DECEMBER 18, 2023

CIOs confronted a host of issues over the past year, with economic, political, and technology events creating both uncertainties and opportunities for organizations across all sectors. Large language models had been around for a few years, but generative AI brought about a particularly rapid pace of change.

IT 137

IT Digital Transformation Technology Reporting 137

AWS Big Data

NOVEMBER 8, 2023

Save the date: AWS re:Invent 2023 is happening from November 27 to December 1 in Las Vegas, and you cannot miss it. To derive meaningful insights and ensure the optimal performance of machine learning (ML) and generative AI models, data needs to be ingested and processed in real time. Reserve your seat now!

Data-driven 90

Data-driven Data Lake Machine Learning Cost-Benefit 90

CIO Business Intelligence

OCTOBER 26, 2023

The question inspires spirited debate from both sides of the hosting aisle. As always, you’ll base your workload placement decision on security, performance, latency, cost, and other variables, including the size and complexity of the large (or small) language model you plan to run, as well as the environments you plan to deploy it to.

Testing 141

Testing Digital Transformation Modeling Data Processing 141

Jet Global

AUGUST 24, 2023

The Harvard Business Review study finds that 88% of organizations that already have a hybrid model in place see themselves maintaining the same strategy into the future. Accept and Address the Financial Impact of Cloud Adoption, 2023 Download Now Hybrid ERP – The Best of Both Worlds?

Finance 52

Finance Reporting Data Integration Risk 52