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. growth experienced in 2022.

Strategy 140

Strategy Data Processing Experimentation Optimization 140

CIO Business Intelligence

JULY 28, 2023

Tight budgets and labor shortages have remained an ongoing challenge for IT leaders in 2023. In fact, according to Samsara’s State of Connected Operations Report , connected operations leaders who reported the highest level of digital maturity were 6x more likely to exceed their financial goals by 25% or more.

IT 98

IT Experimentation Digital Transformation Marketing 98

CIO Business Intelligence

JUNE 1, 2023

A report from Sitecore based on its AI & Composable Marketing Software Survey found that nearly 4 in 5 (78%) marketers believe that GAI will be instrumental in achieving the ideal customer experience (CX) not only through greater personalization but also through GAI’s ability to mine deep insights into individual customer needs and wants.

Marketing 98

Marketing B2B Experimentation Cost-Benefit 98

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 105

Management Experimentation Modeling Enterprise 105

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 143

Digital Transformation Experimentation Risk Metrics 143

CIO Business Intelligence

JULY 27, 2023

With the ability to instantaneously ingest reams of data using large language models (LLMs), generative AI technologies such as OpenAI’s ChatGPT and Google’s Bard can produce reports, contracts, and application code far surpassing earlier technologies in speed, accuracy, and thoroughness. If anything, 5% is conservative.

IT 98

IT Insurance Strategy Risk 98

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.

Deep Learning 70

Deep Learning Experimentation Machine Learning Risk 70

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.

Strategy 98

Strategy Risk Enterprise Risk Management 98

CIO Business Intelligence

FEBRUARY 14, 2024

Cost control Finops and cost control for cloud services continue to be a priority, and with so much gen AI usage relying on cloud AI services and APIs, CIOs will want to think about budgeting and automation, especially for AI development and experimentation. “If But that might be changing.

IT 143

IT Metadata Data-driven Management 143

The Unofficial Google Data Science Blog

APRIL 23, 2024

To find optimal values of two parameters experimentally, the obvious strategy would be to experiment with and update them in separate, sequential stages. Our experimentation platform supports this kind of grouped-experiments analysis, which allows us to see rough summaries of our designed experiments without much work.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

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. Separately, it’s been reported that Heineken has also used AI technologies to optimize the color of the beer to Heineken gold. There’s also a growing emphasis on improving team performance.

Digital Transformation 105

Digital Transformation Sales Experimentation Optimization 105

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. But while the report found that growth was important, it was outranked by improving the customer experience and operational excellence.

Strategy 137

Strategy Technology Experimentation Testing 137

CIO Business Intelligence

DECEMBER 29, 2023

Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. This will help us continue to build on our culture of continuous improvement, and the belief that everyone in the organization plays a role to encourage incident reporting practices and maintain peak security.”

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

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. Code (62%) : Gen AI helps developers write code more efficiently and with fewer errors.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

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 143

Cost-Benefit Metrics Insurance Measurement 143

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% Tech companies have laid off over 250 thousand employees since 2022, and 93% of CEOs report preparing for a US recession over the next 12 to 18 months.

Digital Transformation 145

Digital Transformation Data Governance Experimentation Machine Learning 145

CIO Business Intelligence

AUGUST 2, 2023

Rapid Innovation : The modular nature of composable architectures fosters experimentation and rapid iteration, encouraging continuous innovation. Their 2023 annual research , conducted in collaboration with MEL Research, revealed that 85% of the 500 respondents have increased the percentage of MACH implementations within their infrastructure.

Cost-Benefit 98

Cost-Benefit Experimentation Digital Transformation Optimization 98

CIO Business Intelligence

DECEMBER 6, 2023

As well as a process that includes human review, and encourages experimentation and thorough evaluation of AI suggestions, guardrails need to be put in place as well to stop tasks from being fully automated when it’s not appropriate. Human reviewers should be trained to critically assess AI output, not just accept it at face value.”

IT 133

IT Risk Management Interactive Modeling 133

CIO Business Intelligence

AUGUST 25, 2023

And pay special attention to use-cases that concern customer service: Of the executives surveyed at the latest Metis Strategy Digital Symposium , 43% said their organizations are prioritizing customer service use-cases for generative AI in 2023. Research reports have dangled that generative AI could add trillions to the global economy.

Strategy 98

Strategy Data Strategy Experimentation Uncertainty 98

CIO Business Intelligence

JULY 3, 2023

A majority (77%) of CIOs say their role has been elevated due to the state of the economy and they expect this visibility within the organization to continue, according to Foundry’s 22nd annual State of the CIO report. The vice president of IT reports to Johnson as well as the digital teams and transformation office.

IT 115

IT Digital Transformation Strategy Technology 115