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. Luckily, many are expanding budgets to do so. “94%

Digital Transformation 142

Digital Transformation Unstructured Data Machine Learning Risk Management 142

CIO Business Intelligence

APRIL 29, 2024

As organizations roll out AI applications and AI-enabled smartphones and devices, IT leaders may need to sell the benefits to employees or risk those investments falling short of business expectations. They need to have a culture of experimentation.” CIOs should be “change agents” who “embrace the art of the possible,” he says.

Experimentation 133

Experimentation Forecasting Risk Consulting 133

CIO Business Intelligence

MAY 1, 2024

For example, a quarter of IT decision-makers in Foundry’s 2023 AI Priorities Study are piloting gen AI technologies, but only 20% have moved on to deployment. But talking to IT teams like the AI professionals in Intel’s 2023 ML Insider survey suggests only 10% of organizations put gen AI solutions into production in 2023.

Cost-Benefit 142

Cost-Benefit Metrics Insurance Measurement 142

Rocket-Powered Data Science

FEBRUARY 15, 2023

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. 3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? encouraging and rewarding) a culture of experimentation across the organization.

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

CIO Business Intelligence

MARCH 7, 2023

While digital initiatives and talent are the board directors’ top strategic business priorities in 2023-2024, IT spending is forecasted to grow by only 2.4% Many CIOs will face a challenging year grappling with growing pressure from transformation initiatives, weekly layoff announcements, and the prospect of a recession.

Digital Transformation 145

Digital Transformation Data Governance Experimentation Machine Learning 145

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 138

Risk Manufacturing Enterprise Technology 138

CIO Business Intelligence

FEBRUARY 8, 2024

No doubt, AI was the cutting-edge technology in 2023 that everyone was trying to keep pace with. Developers need tools and resources to produce quality, safe, and secure products, while enterprises need to trust the tools and resources to not introduce risk to their business.

Cost-Benefit 114

Cost-Benefit Experimentation Interactive Risk 114

CIO Business Intelligence

NOVEMBER 15, 2022

But released the next day, the 2023 Gartner CIO and Technology Executive Survey revealed that EMEA-based CIOs expect IT budgets to increase 4.4% Gartner’s managing VP Mary Mesaglio said she remained optimistic for tech investments, with the latest crisis offering CIOs yet another opportunity to “make the difference”. global inflation rate.

Digital Transformation 141

Digital Transformation Experimentation Risk Metrics 141

Ontotext

DECEMBER 30, 2022

This makes 2023 both a very challenging and exciting year! 9 years of research, prototyping and experimentation went into developing enterprise ready Semantic Technology products. Of course, there is still heavy lifting needed to lower the cost, risk and time-to-value of advanced knowledge management technology.

Enterprise 52

Enterprise Sales Cost-Benefit Marketing 52

CIO Business Intelligence

MAY 14, 2024

Like many public health agencies across the US, the King County Medical Examiner’s Office tracks drug overdose deaths to target interventions for populations at risk and save lives. In 2023, King County reported about 1,300 fatal drug overdoses. King County’s NLP model was based on BERT, an advanced large language model (LLM).

Deep Learning 85

Deep Learning Machine Learning Reporting Experimentation 85

IBM Big Data Hub

MAY 25, 2023

In 2023 alone, IBM Consulting has interacted with more than 100 clients and completed dozens of engagements infusing generative AI alongside classical machine learning AI strategies. Generative AI has progressed quickly beyond experimentation; businesses are embracing it to improve customer service, seize new market opportunities and more.

Consulting 104

Consulting Experimentation Machine Learning Modeling 104

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. When should I use it?

Strategy 97

Strategy Risk Enterprise Risk Management 97

CIO Business Intelligence

JULY 7, 2023

Improving employee productivity and collaboration is a top business objective, according to the 2023 Foundry Digital Business Study. As more individuals use browser-based apps to get their work done, IT leaders need to provide seamless access to corporate apps and tools while minimizing security risks. Here are their top tips.

Measurement 116

Measurement Risk Experimentation Enterprise 116

CIO Business Intelligence

JULY 3, 2023

The 2023 State of the CIO survey reveals that 71% of CIO respondents anticipate greater involvement in business strategy over the next three years with 85% stating they were becoming more digital- and innovation-focused. Data exists in ever larger silos, but real knowledge still resides in employees.

Management 105

Management Experimentation Modeling Enterprise 105

CIO Business Intelligence

AUGUST 25, 2023

In this conversation with Foundry, Mitali discusses the accelerated importance of technology in healthcare, on enabling healthcare providers with data and why her team isn’t afraid of experimentation. Implementing it on the clinical side will take additional trials, because we cannot risk anything in that area.

Experimentation 93

Experimentation Digital Transformation Technology Measurement 93

IBM Big Data Hub

DECEMBER 15, 2023

When AI algorithms, pre-trained models, and data sets are available for public use and experimentation, creative AI applications emerge as a community of volunteer enthusiasts builds upon existing work and accelerates the development of practical AI solutions. Morgan’s Athena uses Python-based open-source AI to innovate risk management.

Deep Learning 68

Deep Learning Experimentation Machine Learning Risk 68

IBM Big Data Hub

DECEMBER 5, 2023

This data tracks closely with a recent IDC Europe study that found 40% of worldwide retailers and brands are in the experimentation phase of generative AI, while 21% are already investing in generative AI implementations. Retailers recognize the need to build their strategies around AI, integrating it into many aspects of their operations.

Unstructured Data 92

Unstructured Data Cost-Benefit Experimentation Machine Learning 92

CIO Business Intelligence

SEPTEMBER 27, 2023

By suggesting a number of use cases, we further encourage experimentation and creative application.” Generative artificial intelligence is all the rage, but how can enterprises actually harness the technology’s promise and implement it for value? What benefits can be expected and what challenges might arise?

Strategy 125

Strategy Risk Data-driven Modeling 125

CIO Business Intelligence

DECEMBER 29, 2023

Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. While there remains a lot we don’t fully understand about AI, including its associated risks, there are many opportunities to take advantage of moving forward in business and life,” he says.

Cost-Benefit 137

Cost-Benefit Digital Transformation Consulting Strategy 137

CIO Business Intelligence

AUGUST 17, 2023

But, as with any big new wave, there is a risk of once-promising projects being washed up and there are clear and obvious concerns over governance, quality and security. We ran workshops with every division of our business, educating them on the accelerating innovation in this area, brainstorming opportunities and risks.

Risk 95

Risk Cost-Benefit Strategy Experimentation 95

CIO Business Intelligence

MAY 10, 2023

times the economy in 2023. Sundararajan has redefined the company’s purpose of reimagining global agriculture and food systems, and this is buoyed by his beliefs in good leadership: the ability to manage ambiguity and look at things through an experimental framework, which can open doors to more possibilities for the business.

Enterprise 52

Enterprise Digital Transformation Internet of Things B2B 52

CIO Business Intelligence

AUGUST 25, 2023

Accordingly, many CIOs have fashioned themselves into the de facto AI professor within their organizations—developing 101 materials and conducting roadshows to build awareness, explain how generative AI differs from other types, and discuss its risks. He and his peers make a point of emphasizing the risks. That’s the way you want it.

Strategy 95

Strategy Data Strategy Experimentation Uncertainty 95

CIO Business Intelligence

OCTOBER 9, 2023

Christian Mate, CIO, Elara Caring Elara Caring CIOs have more tactical aspirations right now, especially with regard to digital initiatives, according to Gartner’s 2023 CIO and Technology Executive Agenda. Hyatt’s experimental mindset and listen-first approach are heavily applied to IT’s pursuit of innovation, he says.

Strategy 136

Strategy Technology Experimentation Testing 136

CIO Business Intelligence

JUNE 6, 2023

Organize frequent startup pitches and demos With venture capital investment continuing to fall in 2023 , more startups should find themselves eager to partner with enterprises, and that presents IT leaders a wealth of opportunities to improve their innovation outlook. We think weeks; they think months,” says Mathieu of the startup mentality.

Key Performance Indicator 105

Key Performance Indicator Cost-Benefit Enterprise Experimentation 105

IBM Big Data Hub

APRIL 18, 2024

This is the potential of artificial general intelligence (AGI), a hypothetical technology that may be poised to revolutionize nearly every aspect of human life and work. Imagine a self-driving car piloted by an AGI. It cannot only pick up a passenger from the airport and navigate unfamiliar roads but also adapt its conversation in real time.

Cost-Benefit 93

Cost-Benefit Modeling Manufacturing Interactive 93

CIO Business Intelligence

APRIL 26, 2023

“Startup” means risk. But despite the high risk/reward framework, these Victory-or-Bust ventures don’t have the market cornered on agility and innovation. More than an experimental group, they hold themselves accountable the same way any startup should. Why not both? The alternative is shuttering for good.

Technology 52

Technology Marketing Experimentation Modeling 52

Ontotext

DECEMBER 30, 2022

This makes 2023 both a very challenging and exciting year! 9 years of research, prototyping and experimentation went into developing enterprise ready Semantic Technology products. Of course, there is still heavy lifting needed to lower the cost, risk and time-to-value of such an advanced knowledge management technology.

Enterprise 52

Enterprise Sales Cost-Benefit Marketing 52

AWS Big Data

MAY 2, 2023

Earlier in 2023, we added support for Apache Airflow v2.4.3 Removal of experimental Smart Sensors. should also help you align with security standards by mitigating the risk of older versions of Python such as 3.7, Amazon MWAA supports multiple versions of Apache Airflow (v1.10.12, v2.0.2, and v2.2.2). Apache Airflow v2.4.3

Testing 103

Testing Experimentation Management Metadata 103

IBM Big Data Hub

JANUARY 17, 2023

In 2023, we have four entry points aligned to common data & AI stakeholder challenges. AI is no longer experimental. A data fabric architecture elevates the value of enterprise data by providing the right data, at the right time, regardless of where it resides. We are also introducing IBM Cloud Park for Data Express.

Data-driven 56

Data-driven Enterprise Data Governance Prescriptive Analytics 56

DataRobot Blog

MARCH 7, 2023

DataRobot on Azure accelerates the machine learning lifecycle with advanced capabilities for rapid experimentation across new data sources and multiple problem types. AI Platform Single-Tenant SaaS are fully managed by DataRobot and replace disparate machine learning tools, simplifying management. For more information, visit [link].

Data-driven 59

Data-driven Machine Learning Experimentation Data Lake 59

IBM Big Data Hub

SEPTEMBER 25, 2023

The magic behind Uber’s data-driven success Uber, the ride-hailing giant, is a household name worldwide. We all recognize it as the platform that connects riders with drivers for hassle-free transportation. Every day, millions of riders use the Uber app, unwittingly contributing to a complex web of data-driven decisions.

OLAP 90

OLAP Data Lake Data-driven Snapshot 90