CIO Business Intelligence

MARCH 21, 2024

Indian enterprises are more likely to see Chief Digital Officers CDOs) and data science heads fill the upcoming position of Chief AI Officer (CAIOs), analysts and experts have said. “The role of a Chief AI Officer might be combined with other existing roles, such as a Chief Digital Officer or a head of data science.

Data Science 65

Data Science Enterprise Manufacturing Data-driven 65

Dataiku

JULY 21, 2021

According to McKinsey , organizations that adopt and integrate AI technology are better positioned to double their cash flow by 2030. However, when looking at manufacturing organizations specifically, they have room to grow when it comes to AI maturity.

Manufacturing 59

Manufacturing Technology IT 59

CIO Business Intelligence

JUNE 2, 2022

The report, based on survey responses from tech decision makers in banks and their technology vendors, categorizes 30 different technologies into three main categories: “hot,” “on-the-radar,” and “hype.”. AI enhances operational efficiency. Almost 33% of respondents claim that machine learning can lead to improved customer experience.

Predictive Analytics 144

Predictive Analytics Technology Analytics Machine Learning 144

CIO Business Intelligence

APRIL 25, 2022

According to IDC , 85% of the world’s largest organizations will be using artificial intelligence (AI) — including machine learning (ML), natural language processing (NLP) and pattern recognition — by 2026. IDC’s numbers look even worse, with only 31% of enterprises surveyed saying that they have AI functioning in production.

Machine Learning 131

Machine Learning Enterprise Deep Learning Cost-Benefit 131

CIO Business Intelligence

DECEMBER 27, 2023

Highly regulated, customer-centric, and dependent on layers of human involvement and manual processes, financial services are ripe for automation through artificial intelligence (AI). Those same characteristics, however, reveal the risks AI pose to this sector. AI is not the future of financial services — it’s the present.

Insurance 141

Insurance Cost-Benefit Risk Technology 141

Dataiku

OCTOBER 18, 2022

One of the primary challenges organizations face on their scaling AI journeys is a lack of operationalization and business impact.

Machine Learning 52

Machine Learning Modeling IT 52

CIO Business Intelligence

FEBRUARY 1, 2023

Especially as economies mature towards becoming a service industry, a relentless focus on and alignment between customer experience (CX) and employee experience (EX) is critical to an organization’s success. Harness the power of AI to facilitate EX and, therefore CX AI is already finding its way to transforming CX.

Interactive 114

Interactive Consulting Metrics Reporting 114

Jedox

JANUARY 3, 2023

Artificial intelligence is a mature technology that will increasingly support the finance organization. Artificial intelligence (AI) is already impacting our daily lives in powerful and exciting ways. AI filters spam from our inboxes, personalizes our social media feeds, and helps Amazon curate our online shopping experience.

Uncertainty 81

Uncertainty Forecasting Finance Data-driven 81

CIO Business Intelligence

MARCH 12, 2024

Generative AI is already having an impact on multiple areas of IT, most notably in software development. Still, gen AI for software development is in the nascent stages, so technology leaders and software teams can expect to encounter bumps in the road.

Software 131

Software Experimentation Testing Cost-Benefit 131

AWS Big Data

MARCH 26, 2024

A Gartner Marketing survey found only 14% of organizations have successfully implemented a C360 solution, due to lack of consensus on what a 360-degree view means, challenges with data quality, and lack of cross-functional governance structure for customer data. However, building a C360 solution can be complicated.

Data Strategy 66

Data Strategy Strategy Data Warehouse Prescriptive Analytics 66

CIO Business Intelligence

APRIL 1, 2024

Consider how fast generative AI went from avant-garde to ubiquity: At under two years, it may be a record. And with infrastructure and application modernization cited as key reasons for CIOs’ budget increases this year, according to the 2024 State of the CIO Survey, that pace is not fast enough.

Strategy 140

Strategy IT Digital Transformation ROI 140

O'Reilly on Data

JULY 28, 2020

The Core Responsibilities of the AI Product Manager. Product managers for AI must satisfy these same responsibilities, tuned for the AI lifecycle. If you’re an AI product manager (or about to become one), that’s what you’re signing up for. Identifying the problem. Agreeing on metrics.

Marketing 362

Marketing Experimentation Metrics Testing 362

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. While AI will, in theory, accelerate the process, the particulars remain the same.”

Digital Transformation 145

Digital Transformation Data-driven Business Objectives Strategy 145

CIO Business Intelligence

JANUARY 23, 2023

While many organizations in the Middle East region already had a digital-first strategy before the pandemic, over 40% of the CIOs of medium and large organizations IDC surveyed over the last month say they have shifted towards being “digital-first” because of the pandemic.

IoT 112

IoT Strategy Cost-Benefit Digital Transformation 112

CIO Business Intelligence

JUNE 23, 2023

According to the MIT Technology Review Insights Survey, an enterprise data strategy supports vital business objectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their data strategy. Data Center Management, IT Strategy

Data Strategy 112

Data Strategy Strategy Visualization Consulting 112

CIO Business Intelligence

AUGUST 9, 2023

They listed IT uplift, digitizing operations, digital marketing, and new ventures, writing that “which pillar is the right starting point for your company depends on your context, needs, but also your digital maturity. For example, the company embeds AI into its farming equipment, enabling it to tell the difference between weeds and crops.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

CIO Business Intelligence

FEBRUARY 27, 2023

Forrester’s Infrastructure Cloud Survey 2022 reveals that cloud decision-makers have implemented containerized applications that account for half of the total workloads in their organizations. IT leaders and executives must use AI and cloud platforms, and adopt platform engineering, to improve costs, operations, and software delivery.

Cost-Benefit 139

Cost-Benefit Digital Transformation Strategy Software 139

CIO Business Intelligence

MAY 16, 2023

In six short months, ChatGPT propelled artificial intelligence (AI) into the minds and imaginations of the masses more than any other development since the term “AI” was coined in 1956. adult web users surveyed have used one or more generative AI tools. and tokenization. higher [in 2022] than in 2017.”

Advertising 95

Advertising Recreation/Entertainment Experimentation Enterprise 95

CIO Business Intelligence

MAY 17, 2022

But it’s not just science fiction writers who are worried about the dangers of uncontrolled AI. In a 2019 survey by Emerj , an AI research and advisory company, 14% of AI researchers said that AI was an “existential threat” to humanity. Biased AI systems are already causing harm. Public relations disasters.

Risk 144

Risk Consulting Machine Learning Data Science 144

CIO Business Intelligence

NOVEMBER 20, 2023

In 2020, McKinsey surveyed 440 large companies about their “ developer velocity” — meaning the practices that best tap the full potential of development talent. Greater maturity in development practices is associated with better company performance. And like the Holy Grail, it has been elusive. The results were striking.

Measurement 125

Measurement Metrics Software Testing 125

O'Reilly on Data

JUNE 18, 2019

AI starts with ‘good’ data” is a statement that receives wide agreement from data scientists, analysts, and business owners. As we noted in the survey results above, the reality is that a lack of high-quality training data remains the main bottleneck in most machine learning projects. Models are increasingly becoming commodities.

Machine Learning 259

Machine Learning Data Quality Statistics Modeling 259

CIO Business Intelligence

NOVEMBER 23, 2022

Organizations that scored in the top quartile for EA maturity in a recent Bizzdesign survey were three times more likely to report having organizational agility, which has been crucial during the past few years with the COVID-19 pandemic. Artificial intelligence (AI). EA, and its goals, however, are constantly evolving.

Enterprise 127

Enterprise Cost-Benefit Digital Transformation Strategy 127

DataRobot Blog

SEPTEMBER 1, 2022

The latest McKinsey Global Survey on AI proves that AI adoption continues to grow and that the benefits remain significant. At the same time, AI remains complex and out of reach for many. Operational Efficiency with AI Inside. To prevent delays in productionalizing AI , many organizations invest in MLOps.

Metrics 145

Metrics Statistics Modeling Data Science 145

IBM Big Data Hub

JUNE 9, 2023

This has led to an explosion in the deployment of APIs, and a recent survey commissioned by Noname Security showed the average organization now has over 15,000 APIs in use, with a growth rate of 201% over the past year. Systematically detect potential malicious activity and use user-configurable policies to block attacks that may transpire.

Digital Transformation 83

Digital Transformation Interactive Risk Management 83

CIO Business Intelligence

JANUARY 19, 2023

The research, conducted by International Data Corporation (IDC) and commissioned by SUSE surveyed 838 respondents in 11 Asia/Pacific countries across a range of industries such as financial services and insurance, telecommunications, and government. When it comes to container-related technologies, only 30% are using OSS.

Software 127

Software Enterprise Digital Transformation Insurance 127

CIO Business Intelligence

SEPTEMBER 7, 2023

Of the nearly 6,000 CIOs, CISOs, and CTOs who shared their insights for VMware’s Multi-Cloud Maturity Index , a global survey conducted by market-research firm Vanson Bourne, more than half believe the stakes are even higher: 53% say organizations that do not adopt a multi-cloud approach risk failure. Multi Cloud

Enterprise 95

Enterprise Management Cost-Benefit Optimization 95

Domino Data Lab

MARCH 3, 2019

Paco Nathan covers recent research on data infrastructure as well as adoption of machine learning and AI in the enterprise. This month, the theme is not specifically about conference summaries; rather, it’s about a set of follow-up surveys from Strata Data attendees. Surveying ABC adoption in enterprise. Introduction.

Data Science 49

Data Science Deep Learning Machine Learning Modeling 49

IBM Big Data Hub

OCTOBER 25, 2023

Implementing generative AI can seem like a chicken-and-egg conundrum. In a recent IBM Institute for Business Value survey, 64% of CEOs said they needed to modernize apps before they could use generative AI. Organizations that have mastered hybrid cloud are well positioned to implement generative AI across the organization.

Cost-Benefit 88

Cost-Benefit ROI Modeling Testing 88

DataRobot

NOVEMBER 16, 2021

Many organizations, including state and local governments, are dipping their toes into machine learning (ML) and artificial intelligence (AI). As we’ve discussed in this blog series, some are already reaping the rewards of AI through increased productivity, cost savings, etc. What is MLOps? Issues with Deployment.

Cost-Benefit 98

Cost-Benefit Machine Learning Modeling Risk 98

CIO Business Intelligence

FEBRUARY 24, 2023

Benchmarking success One of the tools Lufthansa has turned to, with the help of partner Boston Consulting Group (BCG), is BCG’s Digital Acceleration Index (DAI), a survey of companies across 10 industries that seeks to benchmark digital transformation and identify how the most digitally mature companies have achieved success. “We

IT 143

IT Digital Transformation Data Warehouse Consulting 143

IBM Big Data Hub

OCTOBER 16, 2023

Artificial intelligence (AI) adoption is still in its early stages. As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. ” Are foundation models trustworthy?

Risk 76

Risk Modeling Management Metadata 76

CIO Business Intelligence

AUGUST 24, 2023

While AI has steadily worked its way into the enterprise and business vernacular over many years, gen AI has not only become an abrupt and immediate force unto itself, but also an overarching AI accelerant. There’s also congressional hearings and petitions to pause AI development, inclusive of gen AI.

Uncertainty 98

Uncertainty Risk Testing Enterprise 98

Dataiku

MAY 20, 2020

According to the 2019 State of Remote Work Survey , 99% of respondents said they would like to work remotely, at least some of the time, for the rest of their career. One of the most important trends in the past few years, and certainly in the tumultuous world of 2020, is enabling remote work.

Data Science 105

Data Science IT Machine Learning Testing 105

Cloudera

OCTOBER 30, 2023

The public cloud is increasingly becoming the preferred platform to host data analytics – related projects, such as business intelligence, machine learning (ML), and AI applications. According to the Flexera 2023 survey 1 , 82 percent of enterprises and SMBs pointed to cost management as the main challenge they are trying to overcome.

Analytics 76

Analytics Cost-Benefit ROI Business Objectives 76

CIO Business Intelligence

JUNE 13, 2022

“Companies like ours that have an amazing amount of data are now focused on finding those use cases that we think would be of most value to us,” she says, adding that Schneider Electric recently hired its first AI officer to drive its work in this area. Maturing the enterprise cloud strategy. Geopolitical impacts on the tech stack.

IT 144

IT Digital Transformation Strategy Internet of Things 144

CIO Business Intelligence

JUNE 23, 2022

The robots use computer vision, among other AI technologies, to move freight around warehouses. So few images were required because computer vision is a relatively mature area of artificial intelligence, with many pre-trained models. To train the system, employees walked with cell phones and took videos.

Manufacturing 145

Manufacturing Machine Learning Testing Marketing 145

Smart Data Collective

APRIL 14, 2021

Artificial intelligence (AI) is no more confined to big businesses. As the technology matures and becomes more affordable, it has found a place in startups and small businesses as well. After all, AI tools outperform humans in many ways. Not only that, AI tools are becoming easier to use and lighter on the pocket.

Advertising 102

Advertising Sales ROI Data-driven 102