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4 hidden risks of your enterprise cloud strategy

CIO Business Intelligence

As enterprise CIOs seek to find the ideal balance between the cloud and on-prem for their IT workloads, they may find themselves dealing with surprises they did not anticipate — ones where the promise of the cloud, and cloud vendors, fall short versus the realities of enterprise IT. That’s where the contract comes into play.

Risk 131
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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.

Risk 132
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CIOs weigh where to place AI bets — and how to de-risk them

CIO Business Intelligence

There are a lot of risks and a lot of land mines to navigate,” says the analyst. Coming to grips with risk The first step in making any bet — or investment — is to understand your ability to withstand risk. It’s a significant danger with significant costs. The opportunity is too big. billion in 2024 to $521.0

Risk 133
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AI adoption accelerates as enterprise PoCs show productivity gains

CIO Business Intelligence

Some prospective projects require custom development using large language models (LLMs), but others simply require flipping a switch to turn on new AI capabilities in enterprise software. “AI Production is another area that benefits from AI. “At Webster Bank is following a similar strategy. It’s a good accelerator in the beginning.”

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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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Want to tackle technical debt? Sell it as business risk

CIO Business Intelligence

That includes maintenance and upgrades deferred in favor of other projects or priorities, which can result in high future costs when those actions can no longer by avoided, often when a solution reaches end-of-life. Here’s where CIOs can rethink their approach to the long-term benefit of their organizations.

Risk 128
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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.