CIO Business Intelligence

JANUARY 20, 2023

Topping the list of executive priorities for 2023—a year heralded by escalating economic woes and climate risks—is the need for data driven insights to propel efficiency, resiliency, and other key initiatives. Many companies have been experimenting with advanced analytics and artificial intelligence (AI) to fill this need.

Analytics 123

Analytics Key Performance Indicator Unstructured Data IoT 123

IBM Big Data Hub

FEBRUARY 19, 2024

In 2023, the global data monetization market was valued at USD 3.5 AI automation substantially reduces data security and compliance risks by proactively identifying and analyzing the severity, scope and root cause of threats before they impact the business. Reduced costs through risk mitigation. from 2024 to 2032.

Cost-Benefit 65

Cost-Benefit Data-driven Optimization Marketing 65

CIO Business Intelligence

JUNE 7, 2022

Those numbers represent the projected growth of chatbot interactions among banking customers between 2019 to 2023 and the cost savings from 862 hours less of work by support personnel, according to research by Juniper Research. In business, when a trend is forecast to grow by more than 3000% and generate cost savings of $7.3

Unstructured Data 80

Unstructured Data Deep Learning Insurance Interactive 80

CIO Business Intelligence

JANUARY 23, 2023

23, 2023, is likely to shake up the market for AI-based enterprise services, said Rajesh Kandaswamy, distinguished analyst and fellow at Gartner: “It provides additional impetus for Google to relook at its roadmap. The deal, announced by OpenAI and Microsoft on Jan.

Enterprise 130

Enterprise Deep Learning Recreation/Entertainment Interactive 130

CIO Business Intelligence

APRIL 1, 2022

Consider that it may be easier to make one big decision well, rather than hundreds of smaller decisions that each have different payouts and risks. For example, buying stock in one company involves determining which stock will provide the best results, balanced with risk. Graph analytics is one of the fastest growing markets in AI.

Data-driven 76

Data-driven Deep Learning Risk Optimization 76

CIO Business Intelligence

MAY 30, 2024

Most recently, she has served as EVP and chief customer and technology officer at Ameren, which she joined 2018 as SVP and chief digital and information officer before adding customer experience and operations in 2023. It has been around since the 1950s with machine learning. However, this advancement doesn’t come without risks.

Data Quality 72

Data Quality Key Performance Indicator Digital Transformation Management 72

IBM Big Data Hub

MAY 9, 2023

After some impressive advances over the past decade, largely thanks to the techniques of Machine Learning (ML) and Deep Learning , the technology seems to have taken a sudden leap forward. 1] When comparing published 2023 list prices normalized for VPC hours of watsonx.data to several major cloud data warehouse vendors.

Data Warehouse 107

Data Warehouse Machine Learning Cost-Benefit Metadata 107

CIO Business Intelligence

MARCH 14, 2022

Increased Digitization: Digitally transformed organizations are projected to contribute more than half of the global gross domestic product (GDP) by 2023. Modern data analytics spans a range of technologies, from dedicated analytics platforms and databases to deep learning and artificial intelligence (AI).

Data Processing 109

Data Processing Optimization Deep Learning Software 109

Smart Data Collective

JANUARY 14, 2022

By 2023, cybersecurity is expected to be worth $248 billion , mainly owing to the growth of cyber threats that require increasingly complex and precise countermeasures. Moreover, cyberattacks are expected to become harder to detect, more frequent, and more sophisticated in the future, putting all of our connected devices at risk.

Machine Learning 127

Machine Learning Deep Learning Strategy Data-driven 127

DataRobot Blog

MARCH 7, 2023

Your AI teams will be equipped with self-serve tools, explainable automation, and manual overrides to run hundreds of diverse models in minutes, allowing you to solve business problems faster with less risk to the business. The capability to rapidly build an AI-powered organization with industry-specific solutions and expertise.

Data-driven 59

Data-driven Machine Learning Experimentation Data Lake 59

CIO Business Intelligence

MARCH 30, 2022

Decision intelligence is one of the top strategic technology trends for 2022 , according to the analyst firm, with more than a third of large organizations expected to be practicing the discipline by 2023. It helps to start with a process that is extremely well-defined, low-risk, and has a large collection of examples.

Machine Learning 142

Machine Learning Testing Risk Data-driven 142

IBM Big Data Hub

JULY 17, 2023

Currently chat bots are relying on rule-based systems or traditional machine learning algorithms (or models) to automate tasks and provide predefined responses to customer inquiries. However, executives are also concerned about navigating risks such as bias, ethics and security.

Consulting 54

Consulting Machine Learning Deep Learning Cost-Benefit 54

CIO Business Intelligence

JANUARY 20, 2023

While more than half of C-suite executives agree on the need to reimagine workforce models, only a quarter feel their organizations are ready to address the evolving environment, according to Deloitte’s 2023 Global Human Capital Trends report. [2] 2] In this arena, desktop virtualization and cloud technologies will play starring roles.

Technology 57

Technology Cost-Benefit Deep Learning Modeling 57

IBM Big Data Hub

APRIL 18, 2024

According to Andreessen Horowitz (link resides outside IBM.com ) , in 2023, the average spend on foundation model application programming interfaces (APIs), self-hosting and fine-tuning models across surveyed companies reached USD 7 million. AGI wouldn’t just perceive its surroundings; it would understand them.

Cost-Benefit 91

Cost-Benefit Modeling Manufacturing Interactive 91

IBM Big Data Hub

AUGUST 15, 2023

Regulations to protect consumers are ever expanding; In July 2023, the EU Commission proposed new standards of GDPR enforcement and a data policy that would go into effect in September. Without proper governance and transparency, companies risk reputational damage, economic loss and regulatory violations.

IT 76

IT Data Governance Modeling Cost-Benefit 76