Remove Cost-Benefit Remove Experimentation Remove Risk Remove Unstructured Data
article thumbnail

3 key digital transformation priorities for 2024

CIO Business Intelligence

After all, every department is pressured to drive efficiencies and is clamoring for automation, data capabilities, and improvements in employee experiences, some of which could be addressed with generative AI. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control.

article thumbnail

Why Choose a Hybrid Data Cloud in Financial Services?

Cloudera

Customers vary widely on the topic of public cloud – what data sources, what use cases are right for public cloud deployments – beyond sandbox, experimentation efforts. Private cloud continues to gain traction with firms realizing the benefits of greater flexibility and dynamic scalability. Cost Management.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Retailers can tap into generative AI to enhance support for customers and employees

IBM Big Data Hub

With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications. The impact of these investments will become evident in the coming years.

article thumbnail

Belcorp reimagines R&D with AI

CIO Business Intelligence

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.”

article thumbnail

Tech leaders weigh in on the upside and flipside of generative AI

CIO Business Intelligence

But, as with any big new wave, there is a risk of once-promising projects being washed up and there are clear and obvious concerns over governance, quality and security. We ran workshops with every division of our business, educating them on the accelerating innovation in this area, brainstorming opportunities and risks.

Risk 93
article thumbnail

Hey Siri, What’s My Forecasted EBITDA Look Like?

Jedox

There are many reasons why such technology isn’t available yet—insufficient data, unstructured data and some human knowledge that is not yet transferable to machine. Experimental” Technology. Is AI truly experimental technology? The earlier you start, the more benefit your organization will be able to obtain.

article thumbnail

How to Take Back 40-60% of Your IT Spend by Fixing Your Data

Ontotext

Unlocking additional value from data requires context, relationships, and structure, none of which are present in the way most organizations store their data today. Solution to the Data Dilemma The good news is that the solution to this data dilemma is actually quite simple.

IT 69