CIO Business Intelligence

JUNE 15, 2023

BCG asked 12,898 frontline employees, managers, and leaders in large organizations around the world how they felt about AI: 61% listed curiosity as one of their two strongest feelings, 52% listed optimism, 30% concern, and 26% confidence. Despite BCG’s findings of optimism in the workforce, there’s a darker side.

Management 112

Management Experimentation Optimization Enterprise 112

CIO Business Intelligence

MARCH 12, 2024

Early use cases include code generation and documentation, test case generation and test automation, as well as code optimization and refactoring, among others. Junior developers are reporting the biggest productivity boosts, but this remains an area of active research and experimentation,” Tandon says.

Software 131

Software Experimentation Testing Cost-Benefit 131

CIO Business Intelligence

SEPTEMBER 7, 2023

Innovation is about modernization, it’s about optimization,” said Dan Gisolfi, Distinguished Engineer, Head of Innovation and Intellectual Property at Discover Financial Services. “It And it boils down to one core concept: a relentless commitment to improving the way people work and enhancing the careers of engineers.

Experimentation 85

Experimentation Digital Transformation Optimization Testing 85

CIO Business Intelligence

NOVEMBER 13, 2023

No matter the industry, organizations are increasingly looking for ways to optimize mission-critical software development processes. Businesses are under constant pressure to adopt new processes and platforms to achieve the goals set out by business leaders. The DevOps ecosystem of today is becoming increasingly more complex.

Experimentation 117

Experimentation Software Data Processing Optimization 117

CIO Business Intelligence

FEBRUARY 22, 2024

With the aim to accelerate innovation and transform its digital infrastructures and services, Ferrovial created its Digital Hub to serve as a meeting point where research and experimentation with digital strategies could, for example, provide new sources of income and improve company operations.

IT 101

IT Digital Transformation IoT Cost-Benefit 101

CIO Business Intelligence

APRIL 25, 2023

It is simply unaware of truthfulness, as it is optimized to predict the most likely response based on the context of the current conversation, the prompt provided, and the data set it is trained on. It’s hard to achieve a deep, experiential understanding of new technology without experimentation.

Experimentation 112

Experimentation Enterprise Deep Learning Modeling 112

CIO Business Intelligence

NOVEMBER 7, 2022

Here are several factors to consider: Educate business leaders about their roles in ML projects. Have business leaders defined realistic success criteria and areas of low-risk experimentation? Are they involved in pilots and providing feedback? Think a step ahead regarding production infrastructure requirements.

Machine Learning 128

Machine Learning Data Science Experimentation IoT 128

CIO Business Intelligence

NOVEMBER 2, 2023

“Awareness of FinOps practices and the maturity of software that can automate cloud optimization activities have helped enterprises get a better understanding of key cost drivers,” McCarthy says, referring to the practice of blending finance and cloud operations to optimize cloud spend.

Strategy 134

Strategy Data Processing Experimentation Optimization 134

CIO Business Intelligence

FEBRUARY 7, 2024

Stephen Franchetti, CIO of Samsara, a fleet management SaaS provider that went public in 2021, believes the only way to optimize your AI strategy (or any emerging technology strategy, in fact) is with a bottoms-up approach. We’ve seen an ongoing iteration of experimentation with a number of promising pilots in production,” he says.

KPI 96

KPI Measurement Experimentation Finance 96

CIO Business Intelligence

OCTOBER 1, 2022

The digital transformation of P&G’s manufacturing platform will enable the company to check product quality in real-time directly on the production line, maximize the resiliency of equipment while avoiding waste, and optimize the use of energy and water in manufacturing plants. Data and AI as digital fundamentals.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

CIO Business Intelligence

JULY 3, 2023

According to a recently leaked Google memo, “The barrier to entry for training and experimentation has dropped from the total output of a major research organization to one person, an evening, and a beefy laptop.”

Management 105

Management Experimentation Modeling Enterprise 105

CIO Business Intelligence

DECEMBER 29, 2023

Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. But in 2024, CIOs will shift their focus toward responsible deployment, says Barry Shurkey, CIO at NTT Data, a digital business and IT consulting and services firm. “To

Cost-Benefit 137

Cost-Benefit Digital Transformation Consulting Strategy 137

CIO Business Intelligence

AUGUST 16, 2023

But now, routes are optimized according to the filling levels in the vessels, which are owned by the Swedish Transport Administration, yet Svevia is responsible for emptying them through a number of subcontractors around the country. “We Since the route optimization came into place, fewer emptyings are required, he notes.

Risk 89

Risk Cost-Benefit Digital Transformation Internet of Things 89

CIO Business Intelligence

JUNE 14, 2023

They should also have experience with pattern detection, experimentation in business, optimization techniques, and time series forecasting.

Big Data 126

Big Data Data Analytics Analytics Predictive Modeling 126

CIO Business Intelligence

DECEMBER 14, 2023

Reining in the rugged and remote Through rapid cycles of discovery and experimentation, Mathur and De Bernardi’s cross-functional team devised a solution that leaned heavily on additive manufacturing, more commonly known as “3D printing.” These early wins are reason for optimism.

Manufacturing 81

Manufacturing Digital Transformation Experimentation Cost-Benefit 81

CIO Business Intelligence

JANUARY 9, 2024

Retrieval Augmented Generation (RAG), which provides a way to optimize LLM output without altering the underlying LLM model, seems to be the best and most practical framework to do so. Much of the LLM development and deployment work includes experimentation and creative use of prompts.

Enterprise 114

Enterprise Experimentation Modeling Data-driven 114

Ontotext

JULY 6, 2023

The visualization and analytical interfaces help enterprises derive valuable business intelligence by connecting business abstractions like products, services and processes to the technical infrastructure that enables them. The solution also reduces incident response times, optimizes processes and streamlines asset management.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

CIO Business Intelligence

FEBRUARY 21, 2023

The firm’s connected brewery IoT platform, for instance, is being used for data ingestion and edge computing in breweries, enabling local teams to analyze, adjust, test and optimize production processes, with this in-turn allowing operations to leverage real-time and historical data to support the workers on the shop floor.

Digital Transformation 101

Digital Transformation Sales Experimentation Optimization 101

CIO Business Intelligence

FEBRUARY 14, 2024

Introduce gen AI capabilities without thinking about data hygiene, he warns, and people will be disillusioned when they haven’t done the pre work to get it to perform optimally. At the beginning of 2023, Gartner reported only 15% of organizations already have data storage management solutions that classify and optimize data.

IT 143

IT Metadata Data-driven Management 143

CIO Business Intelligence

DECEMBER 19, 2023

If CIOs don’t improve conversions from pilot to production, they may find their investors losing patience in the process and culture of experimentation. For example, McKinsey estimates enterprises can cut 15% to 20% of cloud costs through optimizations, and implementing finops practices is one opportunity.

Digital Transformation 142

Digital Transformation Unstructured Data Machine Learning Risk Management 142

DataRobot

JANUARY 13, 2022

Even if a data scientist has worked with a particular type of customer data before, their domain expertise doesn’t always translate into actionable insights for the business. Determining demand, optimal price, and how much of each kind of product to have available when new products enter the market.

ROI 52

ROI Machine Learning Experimentation Data Science 52

CIO Business Intelligence

JUNE 28, 2023

As Belcorp considered the difficulties it faced, the R&D division noted it could significantly expedite time-to-market and increase productivity in its product development process if it could shorten the timeframes of the experimental and testing phases in the R&D labs. This allowed us to derive insights more easily.”

Digital Transformation 94

Digital Transformation Cost-Benefit Informatics Data mining 94

CIO Business Intelligence

MARCH 10, 2022

Fujitsu remains very much interested in the mainframe market, with a new model still on its roadmap for 2024, and a move under way to “shift its mainframes and UNIX servers to the cloud, gradually enhancing its existing business systems to optimize the experience for its end-users.”

Sales 128

Sales Testing Experimentation Data Processing 128

CIO Business Intelligence

MARCH 21, 2022

As such, a data scientist must have enough business domain expertise to translate company or departmental goals into data-based deliverables such as prediction engines, pattern detection analysis, optimization algorithms, and the like. Get the latest insights by signing up for our newsletters. ]

Unstructured Data 136

Unstructured Data Data Analytics Analytics Structured Data 136

CIO Business Intelligence

MARCH 7, 2023

Oliver Wittmaier, CIO and product owner at DB SYSTEL GmbH DB SYSTEL GmbH Content generation is also an area of particular interest to Michal Cenkl, director of innovation and experimentation at Mitre Corp. “I Michal Cenkl, director of innovation and experimentation, Mitre Corp. Mitre Corp. The technology also needs human oversight.

Enterprise 115

Enterprise IT Experimentation Unstructured Data 115

CIO Business Intelligence

OCTOBER 18, 2023

in concert with Microsoft’s AI-optimized Azure platform. based online insurer, is developing an LLM-based platform to handle customer requests with far more intelligent and enhanced chatbots. John Spottiswood, COO of Jerry, a Palo Alto, Calif.-based

Risk 138

Risk Manufacturing Enterprise Technology 138

CIO Business Intelligence

SEPTEMBER 12, 2022

A shift has occurred and IT is now viewed as an equal partner in driving business growth with CIOs recognized as the de facto leaders of innovation. Prioritize time for experimentation. Here, they and others share seven ways to create and nurture a culture of innovation.

Experimentation 131

Experimentation Consulting Technology Machine Learning 131

CIO Business Intelligence

MAY 8, 2023

So it launched a collaboration with Chemical Abstract Services (CAS), a division of the American Chemistry Society, to leverage CAS SciFinder, which, unlike generic search engines, is optimized for searching for chemical molecules from an electronic catalog of more than 200 million compounds.

Manufacturing 73

Manufacturing Experimentation Digital Transformation Technology 73

FineReport

DECEMBER 11, 2019

Big Data”, “Business Intelligence”, “ Data Analysis ” and “ Artificial Intelligence ” came into being. In the past few years, the term “data science” has been widely used, and people seem to see it in every field. For a while, everyone seems to have begun to learn data analysis. By Michael Milton.

Big Data 98

Big Data Statistics Experimentation Data Strategy 98

CIO Business Intelligence

JUNE 28, 2023

Experimentation with a use case driven approach. For those companies that have chosen to experiment, they’re doing so largely in a controlled sandbox environment, with an emphasis on learning and understanding how to pair the technology with human capabilities to optimize for value and risk.

Enterprise 52

Enterprise Experimentation Risk Data-driven 52

CIO Business Intelligence

OCTOBER 9, 2023

Hyatt’s experimental mindset and listen-first approach are heavily applied to IT’s pursuit of innovation, he says. One way he is doing that is by using AI to optimize logistics and move caregivers more quickly from patient to patient, increasing the time they can spend with each one. I have to close the gaps,” he says.

Strategy 136

Strategy Technology Experimentation Testing 136

CIO Business Intelligence

JUNE 12, 2023

Shoots wide of the target With generative AI, where functionality can be built into other parts, the focus is now on things like predictive analysis and energy optimization by finding deviations in the property data that Bravida collects. “We’ve used other methods such as robotization and low code.”

Sales 52

Sales Machine Learning Experimentation Deep Learning 52

FineReport

DECEMBER 19, 2019

If you want to learn more about self-service BI tools, you can take a look at this review: 5 Most Popular Business Intelligence (BI) Tools in 2019 , to understand your own needs and then choose the tool that is right for you. Of course, other BI tools such as Power BI and Qlikview also have their own advantages. From Google.

Knowledge Discovery 98

Knowledge Discovery Visualization Experimentation Reporting 98

Cloudera

MARCH 2, 2022

You can read previous blog posts on Impala’s performance and querying techniques here – “ New Multithreading Model for Apache Impala ”, “ Keeping Small Queries Fast – Short query optimizations in Apache Impala ” and “ Faster Performance for Selective Queries ”. . Analytical SQL workloads use aggregates and joins heavily.

Data Warehouse 85

Data Warehouse Optimization Analytics Sales 85

CIO Business Intelligence

JUNE 27, 2022

It’s not perfect by any means, and we are continuously breaking our own product, but it’s optimized for shipping new features to customers as quickly as we can. A lot of the current approaches feel very experimental and are tough to see as maintainable, so there’s certainly still room for growth here. Is it still true today? .

Software 106

Software Experimentation Testing Marketing 106

CIO Business Intelligence

APRIL 24, 2024

That includes many technologies based on machine learning, such as sales forecasting, lead scoring and qualification, pricing optimization, and customer sentiment analysis. We’re mostly still optimizing our sales and marketing processes with CRM tools,” he says.

Sales 118

Sales Finance Experimentation Cost-Benefit 118

CIO Business Intelligence

MAY 1, 2024

Pilots can offer value beyond just experimentation, of course. McKinsey reports that industrial design teams using LLM-powered summaries of user research and AI-generated images for ideation and experimentation sometimes see a reduction upward of 70% in product development cycle times.

Cost-Benefit 130

Cost-Benefit Metrics Insurance Measurement 130