Remove Cost-Benefit Remove Enterprise Remove Optimization Remove Risk
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Gen AI without the risks

CIO Business Intelligence

Gen AI will become a fundamental part of how enterprises manage and deliver IT services and how business users get their work done. Developing and deploying successful AI can be an expensive process with a high risk of failure. For the average enterprise, it’s prohibitively expensive. Not at all.

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MRO spare parts optimization

IBM Big Data Hub

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0

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Optimizing PCI compliance in financial institutions

CIO Business Intelligence

The CCA allows overarching enterprise functions and IT shared services to be assessed separately from the business unit’s products/applications that require PCI security compliance. How can implementing a CCA benefit financial institutions and their various business units in their quest for PCI security compliance?

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Types of enterprise resource planning (ERP) systems

IBM Big Data Hub

Enterprise resource planning (ERP) is a business management software built to do just that. The benefits of ERP include built-in business intelligence and access to real-time data, along with integrated machine learning capabilities unlike a legacy system. Customization: Organizations can customize the software as they see fit.

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LLMOps for Your Data: Best Practices to Ensure Safety, Quality, and Cost

Speaker: Shreya Rajpal, Co-Founder and CEO at Guardrails AI & Travis Addair, Co-Founder and CTO at Predibase

Large Language Models (LLMs) such as ChatGPT offer unprecedented potential for complex enterprise applications. However, productionizing LLMs comes with a unique set of challenges such as model brittleness, total cost of ownership, data governance and privacy, and the need for consistent, accurate outputs.

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AI adoption accelerates as enterprise PoCs show productivity gains

CIO Business Intelligence

Like other CIOs, Katrina Redmond has been inundated with opportunities to deploy AI that promise to speed business and operations processes, and optimize workflows. The cost of implementing and running AI models can be quite high, so you have to be really careful in assessing the business worthiness of AI use cases,” he says.

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Optimizing the Value of AI Solutions for the Public Sector

Cloudera

There, I met with IT leaders across multiple lines of business and agencies in the US Federal government focused on optimizing the value of AI in the public sector. AI can optimize citizen-centric service delivery by predicting demand and customizing service delivery, resulting in reduced costs and improved outcomes.