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NLP Isn’t Enough. Leading Financial Services Companies Are Now Moving to Conversational AI.

CIO Business Intelligence

Juniper Research forecasts that in 2023 the global operational cost savings from chatbots in banking will reach $7.3 And that not only benefits customers, but it can also increase morale among the employees. Conversational AI also collects heaps of useful customer data. billion, and for insurance, the savings will approach $1.3

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Digital Twin Use Races Ahead at McLaren Group

CIO Business Intelligence

For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digital transformation and competitive strategy, on and off the track. . Like professional basketball, industrial-scale farming, national politics, and global merchandising, auto racing has become a data science. A Competitive Differentiator.

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How MLOps Is Helping Overcome Machine Learning’s Biggest Challenges

CIO Business Intelligence

In addition, “Of the 31% with AI in production, only one third claim to have reached a mature state of adoption wherein the entire organization benefits from an enterprise-wide AI strategy.”. Data analytics is the key to unlocking the most value you can extract from data across your organization. So what’s the problem?

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Smart Cities Increase Efficiency, Safety and Sustainability

CIO Business Intelligence

There are many benefits that come along with making a city “smart.” It gives the city more information and data to help drive decision making leading to tremendous benefits that positively influence the lives of everyone who lives, works, and visits, such as: . Doral is already preparing a Smart City 2.0

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The Technology Enabling Successful Hybrid Workforce Transformation

CIO Business Intelligence

Companies benefit by keeping or acquiring geographically-dispersed top talent often attracted to a flexible work environment. Notably, businesses are adopting virtual desktop infrastructure (VDI) as a way to keep data secure, teams collaborative, and staff productive while reducing costs.

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Top Data Science Tools That Will Empower Your Data Exploration Processes

datapine

To fully leverage the power of data science, scientists often need to obtain skills in databases, statistical programming tools, and data visualizations. But being an inquisitive Sherlock Holmes of data is no easy task. In the past, data scientists had to rely on powerful computers to manage large volumes of data.

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What’s New and What’s Next in 2023 for HPC

CIO Business Intelligence

Deployed successfully around the globe, liquid cooling is becoming essential to future proofing data centers. Scaling out and developing large-scale systems : To meet demand, the HPC industry is developing and honing strategies to effectively scale and deploy large systems that are both efficient and reliable.