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Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. encouraging and rewarding) a culture of experimentation across the organization.

Strategy 290
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Amazon OpenSearch Service search enhancements: 2023 roundup

AWS Big Data

We are excited about the OpenSearch Service features and enhancements we’ve added to that toolkit in 2023. 2023 was a year of rapid innovation within the artificial intelligence (AI) and machine learning (ML) space, and search has been a significant beneficiary of that progress. and is now generally available with version 2.9.

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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

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 133
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20 issues shaping generative AI strategies today

CIO Business Intelligence

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. How is your business impacted by generative AI?

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3 key digital transformation priorities for 2024

CIO Business Intelligence

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

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Gen AI success starts with an effective pilot strategy

CIO Business Intelligence

And while many CIOs might have a fairly solid understanding of the technology, putting it into actual use at scale is something else entirely. As with any other significant technology rollout, it’s generally better to walk before running. Gen AI is a relatively new tool for organizations and individual users.

Strategy 124
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The CIO’s 2024 AI playbook

CIO Business Intelligence

The AI hype cycle has peaked: Tens of thousands of companies helped get it there with generative AI in 2023, with two-thirds now reporting they have deployed GAI tools to their workforce. Here are three strategies designed to help CIOs and others maximize their return not just on AI, but all essential tech.

ROI 100