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Barriers and benefits: How CIOs are navigating the AI whirlwind

CIO Business Intelligence

Perhaps no statistic shows just how much pressure CIOs are under to enable artificial intelligence (AI) than this: AI is now tied with cybersecurity as the top priority for CIOs, according to a recent Lenovo survey. Instead, productivity gains (83%) are far and away the top expected benefit, followed by increased competitiveness (77%).

ROI 105
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Your Data Won’t Speak Unless You Ask It The Right Data Analysis Questions

datapine

It is not just important to gather all the existing information, but to consider the preparation of data and utilize it in the proper way, has become an indispensable value in developing a successful business strategy. For example, you need to develop a sales strategy and increase revenue. Today, big data is about business disruption.

IT 317
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Achieving cloud excellence and efficiency with cloud maturity models

IBM Big Data Hub

” Given the statistics—82% of surveyed respondents in a 2023 Statista study cited managing cloud spend as a significant challenge—it’s a legitimate concern. A successful cloud strategy requires a comprehensive assessment of cloud maturity. Why move to cloud?

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Essential skills and traits of chief AI officers

CIO Business Intelligence

They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization. For companies with a central strategy function, the CAIO will be a key partner in driving success.” Artificial Intelligence, IT Leadership

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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. Statistics can be very misleading.

IT 144
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An intro to innovation in the U.S. government

CIO Business Intelligence

Because AI can crunch down and produce actionable data in seconds to significantly improve operational efficiency, cost optimization, service delivery, and compliance. What are the business benefits of innovation in government? We’ve already discussed improvements in operational efficiency. The choice is obvious.

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What is synthetic data? Generated data to help your AI strategy

CIO Business Intelligence

Artificial data has many uses in enterprise AI strategies. Synthetic data can also lower costs when collecting or buying real-world data is prohibitively expensive. Generating synthetic data sets that are statistically meaningful and reflect real data in ways relevant to use cases can be a challenge. Synthetic data use cases.

Strategy 145