CIO Business Intelligence
JANUARY 25, 2024
For enterprise executives in 2024, that means right-sizing those expectations and getting to work: justifying the right use cases, forming teams, and tracking progress and ROI. After a year of frenzied experimentation and investment, executives will have to identify truly valid use cases (and ROI) for AI in 2024.
CIO Business Intelligence
APRIL 19, 2024
According to a Gartner survey conducted in late 2023, 42% of CIOs planned to deploy generative AI tools by the third quarter of this year, with 55% planning to roll out some other type of AI or machine learning in the same timeframe. But those timelines — and investments — are “highly aspirational,” Loveland said. growth in 2023.
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Cloudera
NOVEMBER 16, 2020
million by 2024, a CAGR of 25.8% from 2019 to 2024. Fraud is one of the use cases where technology has made a huge, measurable difference: focusing on fraud detection and prevention, Emerj reports insurers have seen ROIs of up to 400% on their investments in fraud technology. . million in 2019 to $7.9
CIO Business Intelligence
MARCH 11, 2024
Nearly half of CIOs and close to a third line-of-business managers have cited AI and machine learning as the most strategically important area of concern this year, according to Foundry’s 2024 State of the CIO Study. An ROI-based value generation approach is the key to a successful adoption of this innovation journey.
IBM Big Data Hub
APRIL 18, 2024
Nearly all respondents reported promising early results from gen AI experiments and planned to increase their spending in 2024 to support production workloads. 46% of survey respondents in 2024 showed a preference for open source models. A key trend is the adoption of multiple models in production.
Smart Data Collective
APRIL 3, 2022
This is a huge market driven by AI technology that is expected to be worth $19 billion by 2024. As AI technology has improved, algorithmic trading has become more effective and given traders the opportunity to realize higher ROIs. This figure appears to have improved as AI helped boost their ROI. What is algorithmic trading?
Ontotext
APRIL 3, 2024
W hen you try to automate business processes, semantics, and machine learning , knowledge graphs can bring a lot of value. Nimit Mehta: I think that 2024 is going to be a buckle-down year, but, at the same time, we’ll see a rapid explosion of experimentation. Show me the ROI.” They are the best.”
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