CIO Business Intelligence

APRIL 25, 2023

years to ChatGPT (November 2022), and only 4 months to GPT-4 (March 2023). It is simply unaware of truthfulness, as it is optimized to predict the most likely response based on the context of the current conversation, the prompt provided, and the data set it is trained on.

Experimentation 107

Experimentation Enterprise Deep Learning Modeling 107

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. Optimized: Cloud environments are now working efficiently and every new use case follows the same foundation set forth by the organdization.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

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 134

Risk Manufacturing Enterprise Technology 134

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. The impact of these investments will become evident in the coming years. trillion on retail businesses through 2029.

Unstructured Data 90

Unstructured Data Cost-Benefit Experimentation Machine Learning 90

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. But the rise of large language models (LLMs) is starting to make true knowledge management (KM) a reality.

Management 104

Management Experimentation Modeling Enterprise 104

CIO Business Intelligence

FEBRUARY 14, 2024

Introduce gen AI capabilities without thinking about data hygiene, he warns, and people will be disillusioned when they haven’t done the pre work to get it to perform optimally. At the beginning of 2023, Gartner reported only 15% of organizations already have data storage management solutions that classify and optimize data.

IT 141

IT Metadata Data-driven Management 141

CIO Business Intelligence

DECEMBER 29, 2023

Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. To effectively address this priority, organizations must focus on developing and executing comprehensive strategies that encompass several key aspects, such as data classification, security, and resource optimization.”

Cost-Benefit 133

Cost-Benefit Digital Transformation Consulting Strategy 133

CIO Business Intelligence

FEBRUARY 21, 2023

Yet in 2023, the brewer faces new constraints, such as an expected recession, rising barley and energy prices, and aluminum supply chain shortages. Ing Yan says it’s already helped detect and resolve customer churn, and improve sustainability by reducing sales travel by 30% through optimal routing.

Digital Transformation 95

Digital Transformation Sales Experimentation Optimization 95

CIO Business Intelligence

MAY 8, 2023

So it launched a collaboration with Chemical Abstract Services (CAS), a division of the American Chemistry Society, to leverage CAS SciFinder, which, unlike generic search engines, is optimized for searching for chemical molecules from an electronic catalog of more than 200 million compounds.

Manufacturing 68

Manufacturing Experimentation Digital Transformation Technology 68

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 135

Strategy Technology Experimentation Testing 135

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. AGI wouldn’t just perceive its surroundings; it would understand them.

Cost-Benefit 89

Cost-Benefit Modeling Manufacturing Interactive 89

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 139

Cost-Benefit Metrics Insurance Measurement 139

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. Significant improvements made GraphDB more powerful and more efficient across a wider set of workloads, with key optimizations.

Enterprise 52

Enterprise Sales Cost-Benefit Marketing 52

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 144

Digital Transformation Data Governance Experimentation Machine Learning 144

CIO Business Intelligence

AUGUST 2, 2023

By independently selecting the most suitable technologies for each layer, organizations can optimize performance, boost scalability, and readily adapt to emerging trends, resulting in highly engaging consumer experiences. A significant advantage of composable architecture lies in its incremental and iterative approach.

Cost-Benefit 88

Cost-Benefit Experimentation Digital Transformation Optimization 88

AWS Big Data

MAY 24, 2023

When you build your transactional data lake using Apache Iceberg to solve your functional use cases, you need to focus on operational use cases for your S3 data lake to optimize the production environment. The following examples are also available in the sample notebook in the aws-samples GitHub repo for quick experimentation.

Data Lake 85

Data Lake Snapshot Metadata Optimization 85

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.

Key Performance Indicator 105

Key Performance Indicator Cost-Benefit Enterprise Experimentation 105

CIO Business Intelligence

JULY 7, 2023

Improving employee productivity and collaboration is a top business objective, according to the 2023 Foundry Digital Business Study. Adopting a strategy for single identity and access management not only assists with enforcing security policies organization-wide, but also optimizes the employee experience,” Krumova said.

Measurement 111

Measurement Risk Experimentation Enterprise 111

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. Significant engine optimizations made GraphDB more powerful and more efficient across a wider set of workloads.

Enterprise 52

Enterprise Sales Cost-Benefit Marketing 52

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

AWS Big Data

NOVEMBER 14, 2023

With a combination of low-latency data streaming and analytics, they are able to understand and personalize the user experience via a seamlessly integrated, self-reliant system for experimentation and automated feedback. Another integration launched in 2023 is with Amazon Monitron to power predictive maintenance management.

IoT 55

IoT Data-driven Data Lake Data Strategy 55

CIO Business Intelligence

JULY 3, 2023

Rick Johnson, who has been a CIO since 2011, was appointed the first-ever chief digital officer at Marvin, a manufacturer of doors and windows in January 2023. This has meant that Sezgin has embraced a culture of innovation and experimentation. He says the CDO role there “is inclusive of a typical CIO role.”

IT 104

IT Digital Transformation Strategy Technology 104

O'Reilly on Data

JULY 25, 2023

Here’s how I worked on it: I subscribed to ChatGPT Plus and used the GPT-4 model in ChatGPT (first the May 12, 2023 version, then the May 24 version) to help me with design and implementation. I found it easier to keep a single conversational flow within ChatGPT rather than switching between multiple tools.

Consulting 246

Consulting Interactive Software IT 246

IBM Big Data Hub

SEPTEMBER 25, 2023

With a few taps on a mobile device, riders request a ride; then, Uber’s algorithms work to match them with the nearest available driver and calculate the optimal price. This allowed them to focus on SQL-based query optimization to the nth degree. But the simplicity ends there. Every transaction, every cent matters.

OLAP 87

OLAP Data Lake Data-driven Snapshot 87