IBM Big Data Hub

MAY 25, 2023

IBM Consulting has established a Center of Excellence for generative AI. It stands alongside IBM Consulting’s existing global AI and Automation practice, which includes 21,000 data and AI consultants who have conducted over 40,000 enterprise client engagements. The CoE is off to a fast start.

Consulting 107

Consulting Experimentation Machine Learning Modeling 107

CIO Business Intelligence

APRIL 30, 2024

AI, including Generative AI (GenAI), has emerged as a transformative technology, revolutionizing how machines learn, create, and adapt. over the 2023-2027 forecast period 1. over the 2023-2027 forecast period 1. over 2023 2. over 2023 2. billion in 2027 with a compound annual growth rate (CAGR) of 86.1%

Forecasting 100

Forecasting Optimization Advertising IoT 100

CIO Business Intelligence

APRIL 29, 2024

As organizations roll out AI applications and AI-enabled smartphones and devices, IT leaders may need to sell the benefits to employees or risk those investments falling short of business expectations. But 35% also said they felt cautious about AI, 26% skeptical, and 25% uncertain. They need to have a culture of experimentation.”

Experimentation 130

Experimentation Forecasting Risk Consulting 130

CIO Business Intelligence

JANUARY 9, 2024

Few technologies have provoked the same amount of discussion and debate as artificial intelligence, with workers, high-profile executives, and world leaders waffling between praise and fears over AI. IT leaders say they’re discussing everything from the costs of AI implementations to whether AI is the existential threat to humanity some fear.

IT 130

IT Risk Cost-Benefit Enterprise 130

CIO Business Intelligence

JANUARY 12, 2024

Our 2023 Global Customer Experience Report notes that, in the context of CX, EX has emerged as the top C-suite priority, with the spotlight mainly on technologies that enable and empower employees and raise efficiency levels. AI is a powerful tool, but you must use it right. Take meetings.

Technology 111

Technology Strategy Interactive Reporting 111

CIO Business Intelligence

FEBRUARY 22, 2024

A report by the Bank for International Settlements singled out the growth of cloud-based services and remote working as two of the primary drivers behind the heightened risk. In 2023, the average cost of a data breach in the financial services sector was $5.9 billion in 2023 and forecast to reach $ 285.4 billion by 2032.

Risk 98

Risk Forecasting Software Reporting 98

CIO Business Intelligence

MARCH 11, 2024

Internal and external customer experience has always been a top priority for most companies, especially as demands increase for faster response and improved personalization. Covanta is keenly aware of generative AI’s potential for enhancing the digital experience of its employees and customers.

Data-driven 69

Data-driven Strategy ROI Machine Learning 69

CIO Business Intelligence

APRIL 11, 2024

In December 2023, Gartner named Oracle a leader in its Magic Quadrant for Strategic Cloud Platform Services , joining the “big three.” Traditionally, OCI has leveraged Oracle’s leadership in the database and ERP markets to grow its market share through existing Oracle customers,” the report notes.

Enterprise 124

Enterprise IT Data Processing Strategy 124

CIO Business Intelligence

OCTOBER 18, 2023

OpenAI’s November 2022 announcement of ChatGPT and its subsequent $10 billion in funding from Microsoft were the “shots heard ’round the world” when it comes to the promise of generative AI. in concert with Microsoft’s AI-optimized Azure platform. A recent survey of nearly 1,000 IT decision-makers conducted by Foundry underscores this.

Risk 139

Risk Manufacturing Enterprise Technology 139

CIO Business Intelligence

NOVEMBER 27, 2023

That’s not to say they’re looking to ditch their roles or smash machines, as the real Luddites had. The September Monthly Threat Intelligence Report from cybersecurity firm NCC Group delivers plenty of reasons to worry. For example, it highlighted a 153% rise in global ransomware attacks from September 2022 to September 2023.

IT 123

IT Digital Transformation Reporting Finance 123

IBM Big Data Hub

JULY 25, 2023

Independent research firm Verdantix recently identified IBM as a leader in their report, “ Green Quadrant: ESG Reporting and Data Management Software ” (July 17, 2023), which evaluated and provided a detailed assessment of solution providers and their product offerings.

Software 60

Software Reporting Management Data Quality 60

CIO Business Intelligence

NOVEMBER 17, 2023

A managed service provider (MSP) is an outsourcer contracted to remotely manage or deliver IT services such as network, application, infrastructure, or security management to a client company by assuming full responsibility for those services, determining proactively what technologies and services are needed to fulfill the client’s needs.

Management 129

Management IT IoT Cost-Benefit 129

CIO Business Intelligence

SEPTEMBER 20, 2023

Artificial Intelligence (AI) and Machine Learning (ML): AI and ML are rapidly gaining traction as a means of automating processes and improving decision-making. Incident Response: CISOs must have effective incident response plans in place to deal with security incidents as they occur.

Digital Transformation 108

Digital Transformation Risk Management Risk Machine Learning 108

CIO Business Intelligence

JULY 17, 2023

Companies that have embraced the cloud need to understand the Shared Responsibility Model: a security and compliance framework that explains what shared infrastructure and systems the cloud provider is responsible for maintaining and how a customer is responsible for operating systems, data, and applications utilizing the cloud.

Management 97

Management Data Processing Risk Digital Transformation 97

IBM Big Data Hub

FEBRUARY 7, 2024

Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them. Sustainability reporting: Accountability on the record This may be the biggest year yet in sustainability reporting.

Reporting 97

Reporting Cost-Benefit Internet of Things Data-driven 97

CIO Business Intelligence

AUGUST 9, 2023

Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth. Once a vanguard business strategy, digital transformation has become a perennial objective for business survival.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

IBM Big Data Hub

JUNE 23, 2023

Whether you’re a CFO, an accountant, a financial analyst or a business partner, artificial intelligence (AI) can help improve your finance strategy, uplift productivity and accelerate business outcomes. What is generative AI, what are foundation models, and why do they matter?

Finance 60

Finance Consulting Data-driven Risk 60

IBM Big Data Hub

MAY 26, 2023

According to a report on mapping the cloud maturity curve from the EIU , 48% of industry executives said cloud has improved data access, analysis and utilization, 45% say cloud has sped up delivery of new IT services and capabilities, and 44% say cloud has expanded sales channels across digital avenues.

Consulting 78

Consulting Cost-Benefit Optimization Machine Learning 78

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% Approximately 34% are increasing investment in artificial intelligence (AI) and 24% in hyper-automation as well. on average over the next year, somewhat lower than the projected 6.5%

Digital Transformation 141

Digital Transformation Experimentation Risk Metrics 141

CIO Business Intelligence

APRIL 15, 2024

Case in point: Mehta, who now has the responsibility of developing National Life’s three-year enterprise strategy. We’re not just doing digitization and AI and machine learning in a piecemeal way,” she adds. “We As a result, today’s IT leaders cast a wider lens and wield broader influence.

Digital Transformation 129

Digital Transformation Strategy Technology Enterprise 129

IBM Big Data Hub

JUNE 26, 2023

With generative AI , search becomes dramatically different. It’s like having a conversation with a very smart machine. What is generative AI? Generative AI is being analyzed for a variety of use cases including marketing, customer service, retail and education. by 2032 with a 27.02% CAGR between 2023 and 2032.

Risk 70

Risk Deep Learning Modeling Metadata 70

IBM Big Data Hub

APRIL 18, 2024

Imagine a world where machines aren’t confined to pre-programmed tasks but operate with human-like autonomy and competence. AGI, sometimes referred to as strong AI , is the science-fiction version of artificial intelligence (AI), where artificial machine intelligence achieves human-level learning, perception and cognitive flexibility.

Cost-Benefit 94

Cost-Benefit Modeling Manufacturing Interactive 94

datapine

NOVEMBER 27, 2019

The development of business intelligence to analyze and extract value from the countless sources of data that we gather at a high scale, brought alongside a bunch of errors and low-quality reports: the disparity of data sources and data types added some more complexity to the data integration process.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CIO Business Intelligence

FEBRUARY 14, 2023

Titanium Intelligent Solutions, a global SaaS IoT organization, even saved one customer over 15% in energy costs across 50 distribution centers , thanks in large part to AI. Here, I’ll focus on why these three elements and capabilities are fundamental building blocks of a data ecosystem that can support real-time AI.

Data Strategy 115

Data Strategy Strategy Machine Learning Data-driven 115

IBM Big Data Hub

DECEMBER 7, 2023

There is no question that customer service is about to take a massive leap forward, thanks to emerging trends like artificial intelligence (AI). Undoubtedly, the future of customer service must be AI-based for organizations to improve the customer experience and increase customer loyalty.

Interactive 84

Interactive Data-driven Consulting Technology 84

Smart Data Collective

JANUARY 30, 2023

AI technology has significantly disrupted the world of business. According to a survey by IBM, 35% of companies report using AI. One of the most important is to use AI to improve the quality of your websites. The good news is that AI technology can help significantly improve the performance of your website.

Technology 87

Technology Optimization Machine Learning Marketing 87

CIO Business Intelligence

JULY 31, 2023

The same goes for reinsurance firms, which provide insurance for insurers, reducing their likelihood of large payouts—a significant factor in the insurance industry’s response to natural disasters. In 2023, through July 11, NOAA confirmed 12 such events, including floods and severe storms. This helps prevent losses compounding.

Insurance 91

Insurance Strategy Modeling Data-driven 91

CIO Business Intelligence

AUGUST 14, 2023

The AI fragrance application trimmed years off what had been a lengthy process, based largely on human “hit-and-miss” calculations, enabling the company to manufacture and market new products while demand was at its peak. Participating partner Ernst & Young (China) was brought in to assist Huabao with constructing the digital landscape.

Key Performance Indicator 97

Key Performance Indicator Sales Manufacturing KPI 97

CIO Business Intelligence

OCTOBER 24, 2023

Over the past few years, CIOs have focused on enabling hybrid work, driving efficiencies through automation, modernizing applications, enabling machine learning predictions, and maturing the data-driven organization. It’s hard to deliver business outcomes from any technology investment without business executives as partners.

Digital Transformation 145

Digital Transformation Data-driven Business Objectives Strategy 145

CIO Business Intelligence

SEPTEMBER 18, 2023

When the timing was right, Chavarin honed her skills to do training and coaching work and eventually got her first taste of technology as a member of Synchrony’s intelligent virtual assistant (IVA) team, writing human responses to the text-based questions posed to chatbots.

IT 135

IT Cost-Benefit Technology Business Intelligence 135

CIO Business Intelligence

MARCH 13, 2023

Bodnari, who previously worked at Google, says that while the search engine giant was a great place to build core technology, it felt more meaningful to integrate healthcare with AI. Individuals are looking to make sure they have a role that is socially responsible and globally responsible.”

Machine Learning 98

Machine Learning Technology Software Reporting 98

CIO Business Intelligence

FEBRUARY 28, 2024

The rate of companies that have either already deployed generative AI or are actively exploring it is accelerating to the point where, combined, there are very few holdouts. The use of gen AI in the enterprise was nearly nothing in November 2022, where the only tools commonly available were AI image or early text generators.

IT 122

IT Consulting Modeling Enterprise 122

BizAcuity

NOVEMBER 15, 2022

In our previous blog, we discussed the advantages of implementing AI for businesses. Now it’s time to discuss leveraging AI for Ecommerce marketing in various ways. AI-driven marketing is a well-accepted mandate for businesses who are digital. AI-powered Recommendation System. The need for Hyper-Personalization in 2022.

Marketing 98

Marketing Machine Learning Strategy Data-driven 98

Laminar Security

DECEMBER 11, 2023

Data leakage can also compromise the security and privacy of customers, employees, partners, and stakeholders. According to a report by Verizon, insider threats accounted for 30% of data breaches in 2020. Another report by the Ponemon Institute found that the average cost of an insider threat incident had increased from $15.4

Behavioral Analytics 55

Behavioral Analytics Machine Learning Risk Cost-Benefit 55

CIO Business Intelligence

JANUARY 10, 2023

Hiring tech talent in 2023 means navigating an uncertain economy, the effects of widespread tech industry layoffs, and candidates who want to work for a company with a mission and workplace culture that align with their values, including diversity, equity, and inclusion. IT leaders say the best approach is to focus on adaptability.

IT 130

IT Uncertainty Data Science Marketing 130

CIO Business Intelligence

OCTOBER 18, 2023

In September 2021, Fresenius set out to use machine learning and cloud computing to develop a model that could predict IDH 15 to 75 minutes in advance, enabling personalized care of patients with proactive intervention at the point of care. Each of those were associated with blockers, real and perceived. “It

Predictive Analytics 133

Predictive Analytics Analytics Machine Learning Digital Transformation 133

CIO Business Intelligence

MAY 30, 2023

Projects also include the introduction of multifactor authentication; security, orchestration, automation, and response (SOAR); extended detection and response (XTR); and security information and event management (SIEM) software, according to Uzupis, who left his position in spring 2023. Analytics is the No.

IT 131

IT Risk Optimization Technology 131