CIO Business Intelligence

SEPTEMBER 27, 2023

By suggesting a number of use cases, we further encourage experimentation and creative application.” The initiative was driven in the first quarter of 2023 by leaders within the customer support organization, says David Lloyd, chief data officer.

Strategy 124

Strategy Risk Data-driven Modeling 124

CIO Business Intelligence

FEBRUARY 16, 2024

The cloud-native advantage ADP’s aggressive, early digital transformation has paid off nicely: Its expanded HCM portfolio is served to more than 1 million customers globally, up from 800,000 several years ago, with revenues at $18 billion in fiscal year 2023, up from $13 billion five years prior. It allows others to move very quickly as well.

Digital Transformation 112

Digital Transformation Experimentation Cost-Benefit Machine Learning 112

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. IDC 1 estimates the AI Services market will grow from approximately $36 billion USD in 2023 to approximately $65 billion USD in 2026.

Consulting 102

Consulting Experimentation Machine Learning Modeling 102

CIO Business Intelligence

APRIL 25, 2023

years to ChatGPT (November 2022), and only 4 months to GPT-4 (March 2023). By March of 2023, ChatGPT’s maker OpenAI announced the availability of GPT3.5 It’s hard to achieve a deep, experiential understanding of new technology without experimentation. It was 2 years from GPT-2 (February 2019) to GPT-3 (May 2020), 2.5

Experimentation 110

Experimentation Enterprise Deep Learning Modeling 110

DataRobot Blog

MARCH 8, 2023

SAP AI Solutions: Making Business Applications More Intelligent AI is at the heart of the SAP strategy to help customers become intelligent, sustainable enterprises. Tune in to learn more. Registration is free for both events. You can learn more about today’s DataRobot and SAP announcements here: Attend SAP DataUnleashed – Mar.

Enterprise 105

Enterprise Experimentation Machine Learning Modeling 105

CIO Business Intelligence

MAY 21, 2024

Along with code-generating copilots and text-to-image generators, which leverage a combination of LLMs and diffusion processing, LLMs are at the core of most generative AI experimentation in business today. In 2023, it was really dominated by models with text and code,” Chandrasekaran says.

IT 128

IT Cost-Benefit Experimentation Forecasting 128

CIO Business Intelligence

APRIL 12, 2024

With information about products and availability constantly changing, Tractor Supply sees Hey GURA as a “knowledge base and a training platform,” says Rob Mills, chief technology, digital commerce, and strategy officer at Tractor Supply. Customers may have questions about plants to grow in a certain climate zone, for example.

Experimentation 109

Experimentation Sales Digital Transformation Metrics 109

IBM Big Data Hub

DECEMBER 5, 2023

Retailers recognize the need to build their strategies around AI, integrating it into many aspects of their operations. 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.

Unstructured Data 92

Unstructured Data Cost-Benefit Experimentation Machine Learning 92

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

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. A successful cloud strategy requires a comprehensive assessment of cloud maturity. DevOps and DevSecOps are operational, highly skilled and fully scaled.

Modeling 92

Modeling Cost-Benefit Optimization Digital Transformation 92

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

CIO Business Intelligence

MAY 14, 2024

In 2023, King County reported about 1,300 fatal drug overdoses. This project focuses on this very classic problem of taking a highly manual process, applying some readily available kind of classic automation techniques,” says Grace Preyapongpisan, director of data strategy and operations for the King County Department of IT.

Deep Learning 84

Deep Learning Machine Learning Reporting Experimentation 84

CIO Business Intelligence

JULY 28, 2023

Tight budgets and labor shortages have remained an ongoing challenge for IT leaders in 2023. In addition to bottom-line benefits, employees are often inspired and motivated by innovation – seeking job opportunities that encourage experimentation and embrace new ideas. Step #4: Leverage AI and automation to scale AI is everywhere!

IT 98

IT Experimentation Digital Transformation Marketing 98

CIO Business Intelligence

JULY 27, 2023

Instead, he’s implementing a dual-track strategy: to limit generative AI utilization through strict policies, while rapidly developing and piloting approved and safe applications. Other CIOs have adopted similar strategies. Those early applications are now nearing fruition. “We If anything, 5% is conservative.

IT 92

IT Insurance Strategy Risk 92

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

Dataiku

MARCH 25, 2024

OBELICS is an open, massive, and curated collection of interleaved image-text web documents, containing 141 million English documents, 115 billion text tokens, and 353 million images, extracted from Common Crawl dumps between February 2020 and February 2023.

Visualization 132

Visualization Modeling Experimentation Testing 132

CIO Business Intelligence

DECEMBER 29, 2023

Among the various strategies at our disposal, automation stands out as a pivotal solution,” she says. “In Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools.

Cost-Benefit 137

Cost-Benefit Digital Transformation Consulting Strategy 137

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 114

Measurement Risk Experimentation Enterprise 114

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. Tech leaders must focus on a business-aligned tech strategy to deliver on the competing mandates, Guarini says. “A

Strategy 136

Strategy Technology Experimentation Testing 136

CIO Business Intelligence

JANUARY 2, 2024

With AI being the talk of 2023, [there were questions on] how do we, as a company, handle its adoption, governance, and education about it to our employees,” he says. He plans to scale his company’s experimental generative AI initiatives “and evolve into an AI-native enterprise” in 2024. IT Leadership, IT Strategy

IT 144

IT Cost-Benefit Statistics Consulting 144

CIO Business Intelligence

AUGUST 25, 2023

It’s around these four work streams that leading organizations are positioning themselves to mature their data strategies and, in doing so, answer not only today’s AI questions but tomorrow’s. You need to re-envision business strategies with the exponential scale of AI in mind,” he says. You can’t wrangle AI by yourself.

Strategy 95

Strategy Data Strategy Experimentation Uncertainty 95

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. Digital Transformation, Innovation, IT Strategy, Startups

Key Performance Indicator 104

Key Performance Indicator Cost-Benefit Enterprise Experimentation 104

AWS Big Data

AUGUST 21, 2023

In particular, our experimentation shows that hybrid search, combining lexical and vector approaches, typically results in a 15% improvement in search result quality over lexical or vector search alone on industry-standard test sets, as measured by the NDCG@10 metric (Normalized Discounted Cumulative Gain in the first 10 results).

Data Processing 94

Data Processing Experimentation Visualization Metrics 94

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. Strategically, Ing Yan says there’s board alignment with the launch of a new digital strategy, and close collaboration with his CDO, who sits on the board.

Digital Transformation 99

Digital Transformation Sales Experimentation Optimization 99

AWS Big Data

NOVEMBER 14, 2023

Amazon Kinesis Data Streams is a foundational data strategy pillar for tens of thousands of customers. A data strategy that incorporates streaming is necessary to deliver personalization and proprietary data that is available for querying in real time. Real-time streaming data technologies are essential for digital transformation.

IoT 55

IoT Data-driven Data Lake Data Strategy 55

CIO Business Intelligence

AUGUST 17, 2023

Generative AI is a key part of our business strategy, facilitating growth with AI-enabled processes already live in production,” he says. Neil Ward-Dutton, VP, AI and Intelligent Process Automation European Practices at IDC , suggests that generative AI usage is high but business strategy may lag.

Risk 95

Risk Cost-Benefit Strategy Experimentation 95

CIO Business Intelligence

JULY 3, 2023

They are increasingly included in board-level discussions on cybersecurity and tech investments for organizational initiatives and are influencing decisions related to planning, strategy, implementation, and operations. So, from strategy to execution, CIOs must be involved in all facets of the organization.

IT 107

IT Digital Transformation Strategy Technology 107

AWS Big Data

MAY 24, 2023

You can adjust your retry strategy by increasing the maximum retry limit for the default exponential backoff retry strategy or enabling and configuring the additive-increase/multiplicative-decrease (AIMD) retry strategy. You still need to set appropriate EMRFS retries to provide additional resiliency.

Data Lake 87

Data Lake Snapshot Metadata Optimization 87

CIO Business Intelligence

DECEMBER 6, 2023

Generative AI in particular is amplifying issues that previously existed but were not whole-heartedly addressed,” warns Matt Baker, SVP AI strategy for Dell Technologies (which offers services to help customers build AI systems with Microsoft 365 Copilot or open access models like Llama2).

IT 132

IT Risk Management Interactive Modeling 132

IBM Big Data Hub

SEPTEMBER 25, 2023

While this side-by-side strategy enabled data capture, they quickly discovered that the data lake worked well for long-running queries, but it was not fast enough to support the near-real time engagement necessary to maintain a competitive advantage. They stood up a file-based data lake alongside their analytical database.

OLAP 89

OLAP Data Lake Data-driven Snapshot 89

IBM Big Data Hub

JANUARY 17, 2023

In 2023, we have four entry points aligned to common data & AI stakeholder challenges. You can select a hybrid integration strategy that aligns with your organization’s business strategy to meet the needs of your data consumers wanting to access and utilize the data. AI is no longer experimental. Start a trial.

Data-driven 56

Data-driven Enterprise Data Governance Prescriptive Analytics 56

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.

Cost-Benefit 92

Cost-Benefit Modeling Manufacturing Interactive 92