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How to get your CFO to buy into a better model for IT funding

CIO Business Intelligence

Modern digital organisations tend to use an agile approach to delivery, with cross-functional teams, product-based operating models , and persistent funding. But to deliver transformative initiatives, CIOs need to embrace the agile, product-based approach, and that means convincing the CFO to switch to a persistent funding model.

Modeling 114
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What LinkedIn learned leveraging LLMs for its billion users

CIO Business Intelligence

During the summer of 2023, at the height of the first wave of interest in generative AI, LinkedIn began to wonder whether matching candidates with employers and making feeds more useful would be better served with the help of large language models (LLMs). Cost considerations One aspect that Bottaro dubbed “a hurdle” was the cost.

IT 104
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The Musk AI Model: Grok and Its Impact on the Market!

Smarten

So, while Grok claims to offer a competitive advantage with its real-time approach, users must have an X account to enjoy the benefits of Grok and they must pay a premium which is comparable to the real-time premium version of OpenAI that is currently available to the public. with a 175 billion parameter training model and GPT 4 with 1.76

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7 cloud market trends and how they will impact IT

CIO Business Intelligence

The frenzy created by the public release of OpenAI’s ChatGPT has triggered an arms race among hyperscalers to differentiate themselves by developing their own large language models (LLMs), building platforms that enable enterprises to create generative AI applications, and integrating generative AI throughout their portfolios of service offerings.

Marketing 143
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8 strategies for accelerating IT modernization

CIO Business Intelligence

New tech moves from bleeding edge to mainstream at an ever-increasing pace. Consider how fast generative AI went from avant-garde to ubiquity: At under two years, it may be a record. Luckily, there are ways to slash the timelines on those projects. Here veteran IT leaders and advisers offer eight strategies to speed up IT modernization.

Strategy 139
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3 Massive Cost-Saving Benefits of Smart Data for Businesses

Smart Data Collective

For example, they could maximize their employees’ skills or cut production costs. One of the reasons that the market is growing so rapidly is that smart data is improving the quality of data-driven business models. Not only that, but the cost of a bad employee remaining at a company is almost 30% of an employee’s annual salary.

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13 IT resolutions for 2024

CIO Business Intelligence

What benefit does AI serve to that department? Bring the whole organization on the AI journey CIOs also see the need to bring everyone along on that AI journey, something that takes a well-articulated narrative about the benefits AI can bring to those who are and will be impacted by the technology. We’re piloting, PoC-ing.

IT 144