CIO Business Intelligence

APRIL 25, 2024

During the summer of 2023, at the height of the first wave of interest in generative AI, LinkedIn began to wonder whether matching candidates with employers and making feeds more useful would be better served with the help of large language models (LLMs). We didn’t start with a very clear idea of what an LLM could do.”

IT 88

IT Experimentation Cost-Benefit Metrics 88

AWS Big Data

APRIL 17, 2024

Amazon OpenSearch Service recently introduced the OpenSearch Optimized Instance family (OR1), which delivers up to 30% price-performance improvement over existing memory optimized instances in internal benchmarks, and uses Amazon Simple Storage Service (Amazon S3) to provide 11 9s of durability.

Optimization 112

Optimization Snapshot Metadata Cost-Benefit 112

O'Reilly on Data

MAY 25, 2021

GPT-3 is essentially an auto-complete bot whose underlying Machine Learning (ML) model has been trained on vast quantities of text available on the Internet. I’d like to share my thoughts on GPT-3 in terms of risks and countermeasures, and discuss real examples of how I have interacted with the model to support my learning journey.

Modeling 346

Modeling Marketing Testing Machine Learning 346

CIO Business Intelligence

MARCH 19, 2024

We recently passed the 100-day mark since VMware joined Broadcom. While much work remains, we’ve made substantial progress as we build the world’s leading infrastructure technology company. We’ve acted decisively to increase customer value since we closed the acquisition in late November. Please stay tuned.

Cost-Benefit 90

Cost-Benefit Software Finance Marketing 90

AWS Big Data

APRIL 17, 2024

Analytics as a service (AaaS) is a business model that uses the cloud to deliver analytic capabilities on a subscription basis. This model provides organizations with a cost-effective, scalable, and flexible solution for building analytics. times better price-performance than other cloud data warehouses.

Data Warehouse 91

Data Warehouse Analytics Cost-Benefit Modeling 91

Rocket-Powered Data Science

OCTOBER 6, 2023

Before we dive into these additional types of analytics applications, let us first consider a little pedagogical exercise with two simple evidence-based inferences. (a) How do predictive and prescriptive analytics fit into this statistical framework? Another way of saying this is: given observed data X, we can predict some outcome Y.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

Ontotext

FEBRUARY 26, 2024

From a technological perspective, RED combines a sophisticated knowledge graph with large language models (LLM) for improved natural language processing (NLP), data integration, search and information discovery, built on top of the metaphactory platform. Market sentiment analysis : Events can significantly influence market sentiment.

Data-driven 59

Data-driven Risk Modeling Risk Management 59

CIO Business Intelligence

NOVEMBER 1, 2023

There’s indeed a lot of hype around the latest wave of large language models (LLM) and associated tools, yet beneath the noise, there’s a whisper about how the technology will one day become indispensable. We were a little ahead of the game, mainly out of necessity,” says Thompson.

Enterprise 115

Enterprise Digital Transformation Modeling Interactive 115

Smart Data Collective

OCTOBER 13, 2021

FinTech is about connecting with customers. The more you know about your audience, the more you can offer them. It’s similar to prices – price optimization through machine learning is a great tool to grow your revenue. Figuring out the best pricing model can be tricky. How exactly?

Machine Learning 125

Machine Learning Optimization Software Modeling 125

CIO Business Intelligence

MARCH 18, 2024

SAP and Nvidia announced an expanded partnership today with an eye to deliver the accelerated computing that customers need in order to adopt large language models (LLMs) and generative AI at scale. We wanted to design it in a way that customers don’t have to care about complexity,” he said. “At

Digital Transformation 93

Digital Transformation Optimization Modeling Enterprise 93

CIO Business Intelligence

AUGUST 18, 2023

For organizations seeking a collaborative win-win approach to outsourcing, the Vested sourcing business model is worth consideration. Or it might want the supplier to implement “efficiencies” while spelling out a transactional pricing scheme that inherently incentivizes the supplier to perform more transactions.

Measurement 90

Measurement Modeling Risk Management 90

datapine

DECEMBER 11, 2019

SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. Before we dig any deeper into our top ten SaaS industry trends for 2020, let’s dispel some common myths surrounding the industry.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

CIO Business Intelligence

OCTOBER 17, 2023

That overall market stability has extended to prices, which, with some exceptions, have remained relatively flat. Google has its own large language model called PaLM , is building its own AI chips (Tensor Processing Units) , and is launching new industry specific AI-based services under the Vertex AI banner.

Marketing 143

Marketing IT Cost-Benefit Enterprise 143

datapine

MARCH 25, 2022

4) How Do BI And BA Apply To Business? If you feel a bit uncertain about the specifics here, you’re not alone, experts aren’t in agreement either! But let’s see in more detail what experts say and how can we connect and differentiate the both. Are we concerned with what happened, how it happened, or why it happened?

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

DataRobot Blog

JANUARY 17, 2023

As a data scientist, one of the best things about working with DataRobot customers is the sheer variety of highly interesting questions that come up. Peek into our conversation to learn when machine learning does—and doesn’t—work well in financial markets use cases. For price discovery (e.g., For price discovery (e.g.,

Machine Learning 87

Machine Learning Marketing Experimentation Modeling 87

CIO Business Intelligence

JANUARY 31, 2024

But AI users must also get over the urge to use the biggest, baddest AI models to solve every problem if they truly want to fight climate change. In addition, she says, “Employees, especially the younger generation, say they’re not going to work at a company that doesn’t have certain environmental goals. Our theory is no.

Cost-Benefit 117

Cost-Benefit Modeling Testing IoT 117

datapine

JANUARY 31, 2022

For example, in regards to marketing, traditional advertising methods of spending large amounts of money on TV, radio, and print ads without measuring ROI aren’t working like they used to. Ultimately, business intelligence and analytics are about much more than the technology used to gather and analyze data.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

CIO Business Intelligence

APRIL 24, 2024

That’s why we are investing $1 billion in generative AI over the next three years and leading the development of new research to explore its potential for our clients, their employees, and end customers.” It means they can now leverage AI technology to enhance operational efficiency, reduce manual work, and innovate at scale,” he said.

Enterprise 106

Enterprise Digital Transformation Consulting Risk 106

Smart Data Collective

NOVEMBER 2, 2022

Martech author Allen Martinez talks about the benefits of big data in Fintech marketing. The best Fintech marketers know how to leverage AI and data analytics technology to improve their outreach and branding efforts. How much does your Fintech company depend on big data? How much can you afford to spend?

Marketing 136

Marketing Big Data Data-driven Sales 136

Smarten

APRIL 19, 2024

In this article, we will discuss the current state of AI in analytics, as well as the future of this burgeoning industry and how it can be applied to analytics to simplify and clarify results and to make analytics easier for businesses and business users to leverage. GPT – Is based on a Large Language Model (LLM).

Analytics 57

Analytics Predictive Modeling KPI Machine Learning 57

CIO Business Intelligence

JANUARY 24, 2024

ChatGPT has turned everything we know about AI on its head. Generative AI and large language models (LLMs) like ChatGPT are only one aspect of AI. It’s the culmination of a decade of work on deep learning AI. Model sizes: ~5 billion to >1 trillion parameters. AI encompasses many things.

Deep Learning 83

Deep Learning Unstructured Data Machine Learning Modeling 83

datapine

MARCH 31, 2022

Does the idea of discovering patterns in large volumes of information make you want to roll up your sleeves and get to work? How do you get into this field? With analytical and business intelligence competencies, you can also choose to work with specific types of firms or companies operating within a particular niche or industry.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

CIO Business Intelligence

NOVEMBER 18, 2022

The reality is that while the public cloud works incredibly well for plenty of enterprise customers, it isn’t a one-size-fits-all solution. However, that doesn’t mean that the public cloud’s signature pay-for-use pricing model can’t work in a private-cloud scenario. Pulling that data out is where costs can add up.

Cost-Benefit 98

Cost-Benefit Data-driven Risk Enterprise 98

CIO Business Intelligence

JULY 10, 2023

Now, how do we stay ahead in this AI landscape? What foundation frameworks should we develop to make our product teams more productive and gain on our competitors?” His role now encompasses responsibility for data engineering, analytics development, and the vehicle inventory and statistics & pricing teams.

Data Warehouse 89

Data Warehouse Cost-Benefit Unstructured Data Machine Learning 89

CIO Business Intelligence

NOVEMBER 27, 2023

Intelligent assistants are already changing how we search, analyze information, and do everything from creating code to securing networks and writing articles. Gen AI will become a fundamental part of how enterprises manage and deliver IT services and how business users get their work done. Not at all.

Risk 121

Risk Cost-Benefit Modeling Optimization 121

AWS Big Data

OCTOBER 11, 2023

In recent years, there has been a growing emphasis on price transparency in the healthcare industry. Under the Transparency in Coverage (TCR) rule , hospitals and payors to publish their pricing data in a machine-readable format. For more information, refer to Delivering Consumer-friendly Healthcare Transparency in Coverage On AWS.

Visualization 94

Visualization Dashboards Data-driven Gap analysis 94

Data Science 101

OCTOBER 24, 2023

” Derek Gaston (@friedmud) on Threads So @friedmud , by day you are a Supercomputer Programmer, how did that happen? I did internships with automotive firms and then one with Sandia National Lab – where I ultimately worked for a while on massively parallel mod-sim. At my day job, we use it for simulating nuclear reactors.

Testing 105

Testing Software IT Modeling 105

CIO Business Intelligence

SEPTEMBER 29, 2022

New York-based insurance provider Travelers, with 30,000 employees and 2021 revenues of about $35 billion, is in the business of risk. s unique about the [chief data officer] role is it sits at the cross-section of data, technology, and analytics,â?? But we have to bring in the right talent.

Machine Learning 123

Machine Learning Insurance Technology Software 123

CIO Business Intelligence

MARCH 9, 2023

IT leaders may find that prices are going up without an accompanying increase in benefits, with technology providers — less dependent on any one industry or geography — taking a harder line on deals, says Achint Arora, a partner in the pricing assurance practice at Everest Group. The group of stakeholders keeps growing.”

Cost-Benefit 101

Cost-Benefit Risk Uncertainty Technology 101

CIO Business Intelligence

SEPTEMBER 25, 2023

That’s why, in the summer of 2021, Chris Nardecchia, SVP and chief digital and information officer, set about enabling a transformation that would change Rockwell’s business before it lost ground to a new class of hungry competitors. The Milwaukee, Wisc.-headquartered

Modeling 98

Modeling Manufacturing Digital Transformation Cost-Benefit 98

CIO Business Intelligence

JANUARY 9, 2023

Three years ago, IT leaders were squarely focused on how to adopt fledgling AI techniques and approaches into their business models in service of digital transformations that included plans for shifting some workloads to the cloud. Here’s how IT leaders plan to address the biggest issues they expect to face in the year ahead.

IT 145

IT Uncertainty Cost-Benefit Digital Transformation 145

CIO Business Intelligence

JANUARY 10, 2024

FinOps is part of the equation, but from a CIO perspective, you need a top-down view that starts with the strategy before you talk about the components of it,” McMasters says. But many CIOs, worried about going over budget, pre-book too much capacity. We need hard metrics because we’re running 800 instances of cloud computers.

Cost-Benefit 109

Cost-Benefit Measurement Optimization Metrics 109

AWS Big Data

NOVEMBER 29, 2023

Since then, customer demands for better scale, higher throughput, and agility in handling a wide variety of changing, but increasingly business critical analytics and machine learning use cases has exploded, and we have been keeping pace. Let’s dive into the highlights.

Data Warehouse 99

Data Warehouse Data Lake Analytics Machine Learning 99

AWS Big Data

MARCH 11, 2024

In this post, you can learn about the Managed Service for Apache Flink cost model, areas to save on cost in your Apache Flink applications, and overall gain a better understanding of your data processing pipelines. Refer to Amazon Managed Service for Apache Flink Pricing for up-to-date pricing and different Regions.

Management 95

Management Snapshot Metrics Cost-Benefit 95

CIO Business Intelligence

JUNE 28, 2023

After that, enterprises will have to pay a fee of $3 per user per month for AppFabric, the company said, adding that the pricing reflects support for 30 applications. The assistance is expected to improve the productivity of employees by suggesting intelligent actions across supported SaaS applications.

Enterprise 129

Enterprise Modeling Metrics Machine Learning 129

CIO Business Intelligence

AUGUST 23, 2023

That need for complex mathematical modeling at scale makes the finance industry a perfect candidate for the promise of quantum computing, which makes (extremely) quick work of computations, including complex ones, delivering results in minutes or hours instead of weeks and months.

IT 77

IT Machine Learning Risk Optimization 77

CIO Business Intelligence

FEBRUARY 14, 2024

But when it comes to implementing those projects successfully, they turn out to rely on how well the IT organization has implemented basics like connectivity, permissions, and configuration management. How do you achieve data loss prevention when you’re telling your AI to go suck up all this data and reuse it?”

IT 142

IT Metadata Data-driven Management 142