Remove 2023 Remove Modeling Remove Optimization Remove Reporting
article thumbnail

FinOps is the discipline enterprises need to optimize cloud spending

CIO Business Intelligence

in 2023, to $591.8 A survey for Foundry’s Cloud Computing Study 2023 found that lowering total cost of ownership ranks in the top three drivers of cloud computing initiatives, but controlling cloud costs was the top challenge that slows or stalls cloud adoption. Cloud Computing

article thumbnail

UK Government tests frictionless trade models with Ecosystem of Trust pilots

IBM Big Data Hub

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The models also reduce private sector customs data collection costs by 40%.

Testing 96
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

For the planet and people: IBM’s focus on AI ethics in sustainability

IBM Big Data Hub

That means making more sustainable choices about how models are built, trained, and used, where processing occurs, what infrastructure is used, and how open and collaborative we are along the way.” In our 2023 Impact Report , we reported that 70.6% In our 2023 Impact Report , we reported that 70.6%

article thumbnail

Generative AI: 5 enterprise predictions for AI and security — for 2023, 2024, and beyond

CIO Business Intelligence

Enterprise use of AI tools will only grow, with industries like manufacturing leading the charge Our research shows that mirroring the broader AI trend, enterprises across industry verticals sharply increased their use of AI from May 2023 to June 2023, with sustained growth through August 2023.

article thumbnail

5 ways to deploy your own large language model

CIO Business Intelligence

A large language model (LLM) is a type of gen AI that focuses on text and code instead of images or audio, although some have begun to integrate different modalities. But there’s a problem with it — you can never be sure if the information you upload won’t be used to train the next generation of the model.

Modeling 139
article thumbnail

Climate change predictions: Anticipating and adapting to a warming world

IBM Big Data Hub

Climate models provide answers Human activities precipitated changes to the Earth’s climate in the 20th century and will largely determine the future climate. Global climate models have given climate scientists a set of expectations as to what the future could hold, both for the Earth at large and for specific regions.

Modeling 124
article thumbnail

The impact of AI on edge computing

CIO Business Intelligence

over the 2023-2027 forecast period 1. It’s like having a mini data center right where the action happens.IDC reports worldwide spending on edge computing is expected to reach $232 billion in 2024, an increase of 15.4% over 2023 2. Bandwidth optimization. This optimization improves efficiency and reduces costs.