CIO Business Intelligence

MARCH 11, 2024

Although there are signs of general economic recovery including lower inflation & interest rates and higher growth as we navigate early 2024, there’s little evidence to suggest that buyers will suddenly return to their old ways. A generic CRM might manage leads, but can it optimize industry pricing? Here are three key reasons: 1.

Manufacturing 80

Manufacturing Cost-Benefit Finance Marketing 80

IBM Big Data Hub

MAY 17, 2024

Cloud maturity models are a useful tool for addressing these concerns, grounding organizational cloud strategy and proceeding confidently in cloud adoption with a plan. Cloud maturity models (or CMMs) are frameworks for evaluating an organization’s cloud adoption readiness on both a macro and individual service level.

Modeling 97

Modeling Cost-Benefit Optimization Digital Transformation 97

CIO Business Intelligence

JANUARY 11, 2024

To get back in front, IT leaders will have to transform lessons learned from 2023 into actionable, adaptable processes, as veteran technology pros have been remarkably consistent in identifying global and economic uncertainties as key challenges for IT leaders to anticipate in 2024 as well.

IT 125

IT Uncertainty Cost-Benefit Strategy 125

CIO Business Intelligence

FEBRUARY 13, 2024

Get ready for the IDC Middle East CIO Summit 2024. Developing GenAI implementation strategies will be imperative for technology leaders, and they must focus on prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency.

Data Processing 87

Data Processing Forecasting Risk Optimization 87

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

David Menninger's Analyst Perspectives

OCTOBER 14, 2022

It is also used to enable business process intelligence and improvement in any function or industry using events and activity models for data-driven decision-making. We assert that through 2024, 1 in 4 organizations will look to streamline their operations by exploring process mining to optimize workflow and business processes.

Data-driven 263

Data-driven Visualization Optimization Modeling 263

Ontotext

JANUARY 29, 2024

These will include developing a better understanding of AI, recognizing the role semantic metadata plays in data fabrics, and the rapid acceleration and adoption of knowledge graphs — which will be driven by large language models (LLMs) and the convergence of labeled property graphs (LPGs) and resource description frameworks (RDFs).

Strategy 52

Strategy Management Metadata Data-driven 52

CIO Business Intelligence

MAY 20, 2024

That’s the story writ large by the 2024 Pulse of the SAP Customer Research, released by the American SAP User Group earlier this year. If you really want these models to perform well over time, they’re going to require digital transformation.” The survey also found that 69% expect to have implemented S/4HANA within two years.

Digital Transformation 119

Digital Transformation Dashboards Modeling Technology 119

CIO Business Intelligence

APRIL 30, 2024

IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1 Bandwidth optimization. This optimization improves efficiency and reduces costs. over the 2023-2027 forecast period 1.

Forecasting 94

Forecasting Optimization Advertising IoT 94

IBM Big Data Hub

FEBRUARY 12, 2024

Also, optimizing search on webpages makes for an easier digital customer experience. This model sounds like it can invite disaster; however, by providing a trusted 24/7 customer support program, Airbnb upholds their customer experience. AI-powered chatbots allow customers unlimited access to information via messaging.

Consulting 70

Consulting Strategy Interactive Data Processing 70

CIO Business Intelligence

MAY 21, 2024

Grow will reimagine how AI-powered ERP software can and should serve the supply chain industries and their workers, delivering more than 200 adaptive industry use cases, it said at its Insights 2024 user conference in Nashville, Tennessee. “We Grow Inventory Forecasting, Grow BI, and Grow FP&A are generally available.

Forecasting 119

Forecasting Predictive Analytics Machine Learning Data-driven 119

CIO Business Intelligence

MARCH 18, 2024

That means hardware designed from the ground up for maximum performance, data center integration, AI development support, optimal cooling, and easy vertical and horizontal scaling. ASUS optimizes these servers with three key capabilities. ASUS’ collaboration with AI chip leader NVIDIA makes this all possible.

Optimization 110

Optimization Software Risk Technology 110

CIO Business Intelligence

MARCH 18, 2024

Many IT leaders are responding to C-suite pressure for artificial intelligence (AI) capabilities by increasing the organization’s AI investment in 2024. Maximize performance Look for servers equipped with the most advanced CPUs or GPUs optimized for AI workloads. But it can simplify achieving your AI goals.

Optimization 127

Optimization Software Enterprise Modeling 127

CIO Business Intelligence

JUNE 3, 2024

With prices escalating, it’s imperative to implement cost optimization strategies more broadly. Two critical levers control cloud costs: Rate Optimization involves understanding service rates, pricing models, and available discounts to lower starting costs. However, these two primary levers aren’t just for the cloud.

IT 91

IT Optimization Strategy Finance 91

CIO Business Intelligence

OCTOBER 25, 2023

Between our research and dozens of conversations with customers and partners, there are a number of trends that we can expect to see this year, in 2024, and onward. Once shared, this data can be fed into the data lakes used to train large language models (LLMs) and can be discovered by other users.

Enterprise 130

Enterprise Risk Manufacturing Finance 130

CIO Business Intelligence

APRIL 1, 2024

Right-size your model(s). You may also choose to leverage retrieval augmented generation (RAG) to augment your model with domain-specific information, which may also reduce hallucinations. Ultimately, how you decide to right-size your models will depend on your use cases and the business outcomes you wish to derive from them.

Data Lake 127

Data Lake Consulting Uncertainty Risk 127

CIO Business Intelligence

JUNE 3, 2024

Sustainability: Cloud waste is only increasing as artificial intelligence and generative AI models rely heavily on scalable cloud resources and highly reliable network services. But beyond simply a strategic model, FinOps is also a service enabling companies to identify, measure, and optimize their cloud spend.

ROI 91

ROI Measurement Optimization Finance 91

CIO Business Intelligence

MARCH 3, 2024

Its conclusions were less than optimal. Worse, it said “adversaries are accelerating and widening their range of sophisticated attacks at scale through automation, cybercrime-as-a-service models, impersonations and adaptation.” The adversaries, at least for now, have the upper hand on many global organisations,” the report concluded.

IT 102

IT Measurement Risk Testing 102

CIO Business Intelligence

NOVEMBER 1, 2023

SAP doesn’t want to build those tools from scratch itself: “We definitely want to leverage what’s already out there,” Sun said, noting there are already many large language models (LLMs) it can build on, adding its own prompting, fine tuning, and data embedding to get those models to business customers quickly.

Enterprise 130

Enterprise Cost-Benefit Unstructured Data Software 130

CIO Business Intelligence

APRIL 10, 2024

Inferencing has emerged as among the most exciting aspects of generative AI large language models (LLMs). Crunching mathematical calculations, the model then makes predictions based on what it has learned during training. Inferencing funneled through RAG must be efficient, scalable, and optimized to make GenAI applications useful.

Cost-Benefit 127

Cost-Benefit Modeling Strategy Interactive 127

CIO Business Intelligence

MAY 24, 2024

During his 53-minute keynote, Nadella showcased updates around most of the company’s offerings, including new large language models (LLMs) , updates to Azure AI Studio , Copilot Studio , Microsoft Fabric , databases offerings , infrastructure , Power Platform , GitHub Copilot , and Microsoft 365 among others.

Uncertainty 100

Uncertainty Enterprise Modeling Software 100

CIO Business Intelligence

JUNE 4, 2024

I recently told an audience of around 350 analytic professionals that their future was a function of how they think (mental models) and what they did (their actions). In 2024 empirical evidence indicates the modern attention span has shrunk to around 45 seconds. It’s time to focus on the human side of the future.

Technology 122

Technology Strategy Interactive Enterprise 122

IBM Big Data Hub

APRIL 22, 2024

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.” IBM is focused on developing energy-efficient methods to train, tune and run AI models, such as its own Granite foundation models.

Cost-Benefit 89

Cost-Benefit Modeling Manufacturing Reporting 89

Rita Sallam

APRIL 2, 2023

Are there mitigation strategies that show reasons for optimism? Are there mitigation strategies that can be implemented successfully that could provide policy guidance and reasons for optimism in the face of ever increasing frequency of extreme weather events? Based on these estimators, SAS created an easy to use what-if dashboard.

Optimization 52

Optimization Machine Learning Insurance Risk 52

CIO Business Intelligence

JANUARY 15, 2024

As they take stock after the year-end frenzy of shopping the holiday season always brings, retail CIOs attending the National Retail Federation’s annual show, NRF 2024, may be wondering how they can improve their IT systems’ performance over the next 12 months. year on year in the first 11 months of 2023, AI or no AI.

Sales 90

Sales Software Forecasting Statistics 90

CIO Business Intelligence

JUNE 3, 2024

IDC research finds roughly half of worldwide genAI expenditures in 2024 will go toward digital infrastructure. But the sheer quantity of infrastructure needed to process genAI’s large language models (LLMs), along with power and cooling requirements, is fast becoming unsustainable. billion in 2022 to $57 billion in 2027.

Data Processing 136

Data Processing Data-driven Modeling Strategy 136

CIO Business Intelligence

JANUARY 19, 2024

According to data from PayScale, $99,842 is the average base salary for a data scientist in 2024. The certification consists of several exams that cover topics such as machine learning, natural language processing, computer vision, and model forecasting and optimization.

Data Science 125

Data Science Machine Learning Predictive Modeling Experimentation 125

CIO Business Intelligence

MAY 30, 2024

According to Forrester’s 2024 predictions, 60% of skeptics will overcome their gen AI doubts by the end of the year and appreciate it for its uses in conversational assistants, and its ability to translate and synthesize content. Creating new business models Gen AI is also unique in that it can generate useful business models.

Cost-Benefit 112

Cost-Benefit Sales Modeling Experimentation 112

CIO Business Intelligence

MAY 8, 2024

Process automation and improvement is a perennial CIO agenda item, and the call for business process optimization is only getting louder — especially for those processes directly tied to the bottom line. Now, if the model is drifting away, we get alerted automatically, and we fix it.” In the past, anybody could make a mistake easily.

IT 96

IT Insurance Cost-Benefit Unstructured Data 96

Cloudera

JUNE 7, 2023

By now, almost everyone across the tech landscape has heard of the Zero Trust (ZT) security model, which assumes that every device, application, or user attempting to access a network is not to be trusted (see NIST definitions below). But as models go, the idea is easier than the execution.

Metadata 85

Metadata Data Lake Optimization Modeling 85

IBM Big Data Hub

APRIL 18, 2024

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

Cost-Benefit 90

Cost-Benefit Modeling Manufacturing Interactive 90

CIO Business Intelligence

FEBRUARY 8, 2024

“The industry data from Layoffs.fyi, a platform monitoring workforce reductions in the tech industry, reveals that 24,584 employees across 93 companies have been laid off in 2024. If there is a need, they will continue to add capacity or else scale down and optimize the cost.” In challenging times, tough measures are often required.

IT 88

IT Uncertainty Consulting Forecasting 88

CIO Business Intelligence

APRIL 11, 2022

Although centralized data models and architectures, including data lakes and data-center-based warehouses and repositories, may no longer be the leading data strategy, elements of a centralized approach remain a critical part of the mix. IDC estimates that there will be 55.7 over last year. It can also ease data accessibility.

Optimization 52

Optimization Data Lake Data Strategy Internet of Things 52

CIO Business Intelligence

DECEMBER 6, 2023

The same is true when it comes to resiliency planning. Businesses can become more resilient in many ways, from optimizing production with supply chain planning, to better leveraging data, to diversifying their suppliers, and by giving their workforce new tools and training to become future ready. IT Leadership

Forecasting 103

Forecasting Uncertainty Modeling Optimization 103

CIO Business Intelligence

JANUARY 8, 2024

Instead, the publicly held operator of Cathay Pacific Airlines and HK Express is shifting from migration to optimization mode in an effort to wrest additional benefits from its all-in cloud transformation. Enhanced automation and self-service will also be emphasized as part of the cloud optimization strategy, Nair says.

Optimization 95

Optimization Digital Transformation Cost-Benefit Data Warehouse 95

CIO Business Intelligence

JANUARY 31, 2024

It’s expected to drive discoveries and advancements across a wide range of compute-intensive research areas—from bioscience to fusion energy and climate modeling. “The 2 On the software side, UK SME StackHPC’s Scientific OpenStack provides Dawn with an AI- and simulation-optimized cloud supercomputing software environment.

Software 113

Software IoT Technology Optimization 113

IBM Big Data Hub

DECEMBER 8, 2023

It interacts with its environment, learns and supports service-based business models. The hybrid cloud approach is complemented by the IBM Edge Application Manager, enabling OEMs to scale and operate edge solutions autonomously, along with the IBM Embedded Automotive Platform, a Java runtime optimized for in-vehicle use.

Software 68

Software Testing Manufacturing Data-driven 68