AWS Big Data

JANUARY 9, 2024

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. However, not all customers who have the opportunity to benefit from k-NN have adopted it, due to the significant engineering effort and resources required to do so.

Cost-Benefit 89

Cost-Benefit Visualization Modeling Machine Learning 89

DataRobot Blog

MARCH 23, 2023

Difficulties faced when moving models into production include cost and a lack of automation – cited by over 55% of respondents to a recent IDC study. This is why businesses are increasingly investing in machine learning operations (MLOps): IDC predicts by 2024, 60% of enterprises will have operationalized their ML workflows by using MLOps.

Machine Learning 52

Machine Learning Cost-Benefit Modeling Testing 52

Jen Stirrup

FEBRUARY 24, 2024

Artificial Intelligence revolutionizes large and small businesses with automation, data analysis, and improved customer experiences, offering cost savings and a competitive edge. Artificial Intelligence is transforming industries and everyday lives, but how can it benefit small businesses? What is AI?

Cost-Benefit 70

Cost-Benefit Data-driven Testing Risk 70

AWS Big Data

APRIL 2, 2024

In March 2024, we announced the general availability of the generative artificial intelligence (AI) generated data descriptions in Amazon DataZone. For instance, a dataset designated for testing might mistakenly be used for financial forecasting, resulting in poor predictions.

Metadata 85

Metadata Metrics Data-driven Modeling 85

CIO Business Intelligence

MARCH 21, 2022

Way back in 1999, his team did a cost-benefit analysis of the free shipping model, which is arguably one of the key drivers of Amazon’s stupendous growth. They tested free shipping as a lever against a 10% discount on each order and found that the former generated twice as much business. billion a year. Out of that, $6.1

Data-driven 116

Data-driven IT Finance Forecasting 116

IBM Big Data Hub

FEBRUARY 6, 2024

A prime benefit of cloud computing for business is its flexibility for quickly and efficiently scaling resources to meet business demands, freeing organizations from investing time and expense into expanding their own physical IT infrastructure. Automation Automation tools are a significant feature of cloud-based infrastructure.

Cost-Benefit 109

Cost-Benefit Digital Transformation Software Modeling 109

IBM Big Data Hub

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. billion in 2024, up from $563.6 Uncontrolled costs: More clouds and cloud services translate into more cloud bills.

Strategy 101

Strategy Cost-Benefit Risk Optimization 101

CIO Business Intelligence

JANUARY 24, 2024

I will share what we have learned in the past year and my predictions for 2024. Explainability Previous Machine Learning models performed well, but could not answer the question of “why?” In 2024, we will understand that not every use case is the best fit for LLMs.

Modeling 143

Modeling Machine Learning Cost-Benefit Software 143

FineReport

MARCH 31, 2024

In 2024, business intelligence (BI) software has undergone significant advancements, revolutionizing data management and decision-making processes. Through meticulous testing and research, we’ve curated a list of the ten best BI tools, ensuring accessibility and efficacy for businesses of all sizes. Try FineBI Now 3.3

Dashboards 52

Dashboards Visualization Data mining Data-driven 52

datapine

NOVEMBER 27, 2019

According to Gartner, poor data quality is estimated to cost organizations an average of $15 million per year in losses. We detailed the benefits and costs of good or bad quality data in our previous article on data quality management , where you can read the five important pillars to follow.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

IBM Big Data Hub

FEBRUARY 9, 2024

2024 thus stands to be a pivotal year for the future of AI, as researchers and enterprises seek to establish how this evolutionary leap in technology can be most practically integrated into our everyday lives. The most immediate benefit of multimodal AI is more intuitive, versatile AI applications and virtual assistants.

Cost-Benefit 105

Cost-Benefit Modeling Data-driven Enterprise 105