CIO Business Intelligence

FEBRUARY 7, 2024

Stephen Franchetti, CIO of Samsara, a fleet management SaaS provider that went public in 2021, believes the only way to optimize your AI strategy (or any emerging technology strategy, in fact) is with a bottoms-up approach. We’ve seen an ongoing iteration of experimentation with a number of promising pilots in production,” he says.

KPI 102

KPI Measurement Experimentation Finance 102

CIO Business Intelligence

DECEMBER 19, 2023

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. As every CIO can attest, the aggregate demand for IT and data capabilities is straining their IT leadership teams.

Digital Transformation 142

Digital Transformation Unstructured Data Machine Learning Risk Management 142

CIO Business Intelligence

MAY 12, 2022

The tools include sophisticated pipelines for gathering data from across the enterprise, add layers of statistical analysis and machine learning to make projections about the future, and distill these insights into useful summaries so that business users can act on them. Visual IDE for data pipelines; RPA for rote tasks. Highlights.

Predictive Analytics 136

Predictive Analytics Analytics Statistics Machine Learning 136

CIO Business Intelligence

FEBRUARY 14, 2024

Fundamentals like security, cost control, identity management, container sprawl, data management, and hardware refreshes remain key strategic areas for CIOs to deal with. Data due diligence Generative AI especially has particular implications for data security, Mann says.

IT 143

IT Metadata Data-driven Management 143

IBM Big Data Hub

DECEMBER 5, 2023

Generative AI excels at handling diverse data sources such as emails, images, videos, audio files and social media content. This unstructured data forms the backbone for creating models and the ongoing training of generative AI, so it can stay effective over time. The impact of these investments will become evident in the coming years.

Unstructured Data 95

Unstructured Data Cost-Benefit Experimentation Machine Learning 95

CIO Business Intelligence

DECEMBER 14, 2023

Reining in the rugged and remote Through rapid cycles of discovery and experimentation, Mathur and De Bernardi’s cross-functional team devised a solution that leaned heavily on additive manufacturing, more commonly known as “3D printing.” These early wins are reason for optimism.

Manufacturing 93

Manufacturing Digital Transformation Experimentation Cost-Benefit 93

CIO Business Intelligence

OCTOBER 1, 2022

The partners say they will create the future of digital manufacturing by leveraging the industrial internet of things (IIoT), digital twin , data, and AI to bring products to consumers faster and increase customer satisfaction, all while improving productivity and reducing costs. Smart manufacturing at scale is a challenge.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

CIO Business Intelligence

JANUARY 9, 2024

Many organizations know that commercially available, “off-the-shelf” generative AI models don’t work well in enterprise settings because of significant data access and security risks. Lesson 1: Don’t start from scratch to train your LLM model Massive amounts of data and computational resources are needed to train an LLM.

Enterprise 114

Enterprise Experimentation Modeling Data-driven 114

CIO Business Intelligence

DECEMBER 29, 2023

The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. They want to know how to handle access to their data as it comes in faster.”

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

JUNE 14, 2023

Data and big data analytics are the lifeblood of any successful business. Getting the technology right can be challenging but building the right team with the right skills to undertake data initiatives can be even harder — a challenge reflected in the rising demand for big data and analytics skills and certifications.

Big Data 122

Big Data Data Analytics Analytics Predictive Modeling 122

Cloudera

OCTOBER 18, 2023

In fact, some of the insights presented in this blog have been assisted by the power of large language models (LLMs), highlighting the synergy between human expertise and AI-driven insights. Portfolio Optimization Analyze a portfolio of investments and identify opportunities to optimize returns while managing risk. Quick wins!

Cost-Benefit 77

Cost-Benefit Testing Machine Learning Optimization 77

CIO Business Intelligence

FEBRUARY 21, 2023

The firm’s connected brewery IoT platform, for instance, is being used for data ingestion and edge computing in breweries, enabling local teams to analyze, adjust, test and optimize production processes, with this in-turn allowing operations to leverage real-time and historical data to support the workers on the shop floor.

Digital Transformation 103

Digital Transformation Sales Experimentation Optimization 103

CIO Business Intelligence

JUNE 28, 2023

These circumstances have induced uncertainty across our entire business value chain,” says Venkat Gopalan, chief digital, data and technology officer, Belcorp. “As The R&D laboratories produced large volumes of unstructured data, which were stored in various formats, making it difficult to access and trace.

Digital Transformation 101

Digital Transformation Cost-Benefit Informatics Data mining 101

O'Reilly on Data

MARCH 31, 2020

AI products are automated systems that collect and learn from data to make user-facing decisions. All you need to know for now is that machine learning uses statistical techniques to give computer systems the ability to “learn” by being trained on existing data. Why AI software development is different.

Management 332

Management Machine Learning Experimentation Metrics 332

AWS Big Data

NOVEMBER 2, 2023

GoDaddy is a data-driven company, and getting meaningful insights from data helps us drive business decisions to delight our customers. As a part of this vision, GoDaddy’s Data & ML Platform team plans to use EMR Serverless as one of the compute solutions under the hood.

Cost-Benefit 87

Cost-Benefit Big Data Testing Optimization 87

Cloudera

SEPTEMBER 17, 2020

Today’s data tool challenges. By enabling their event analysts to monitor and analyze events in real time, as well as directly in their data visualization tool, and also rate and give feedback to the system interactively, they increased their data to insight productivity by a factor of 10. .

Experimentation 81

Experimentation Data Warehouse Dashboards Visualization 81

Ontotext

JULY 6, 2023

In today’s fast changing environment, enterprises that have transitioned from being focused on applications to becoming data-driven gain a significant competitive edge. There are four groups of data that are naturally siloed: Structured data (e.g., Transaction and pricing data (e.g.,

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

Octopai

OCTOBER 26, 2022

Data-driven organizations are a bad idea. Using data to drive your organization is wonderful. But data, at best, can only be a powerful vehicle, or a reliable GPS system. Except sometimes we call organizations “data-driven” when really the data is driving them up the wall. And it should be.

Data Quality 52

Data Quality Data Analytics Analytics Manufacturing 52

Ontotext

NOVEMBER 2, 2023

Achieving this advantage is dependent on their ability to capture, connect, integrate, and convert data into insight for business decisions and processes. This is the goal of a “data-driven” organization. We call this the “ Bad Data Tax ”. This is partly because integrating and moving data is not the only problem.

IT 69

IT Cost-Benefit Data-driven Technology 69

Cloudera

APRIL 9, 2021

This blog series follows the manufacturing and operations data lifecycle stages of an electric car manufacturer – typically experienced in large, data-driven manufacturing companies. The first blog introduced a mock vehicle manufacturing company, The Electric Car Company (ECC) and focused on Data Collection.

Machine Learning 98

Machine Learning Forecasting Manufacturing Predictive Analytics 98

CIO Business Intelligence

MARCH 7, 2023

Ready for the right applications Generative AI is ready for use in coding, administrative workflows, data refinement, and simple use cases such as pre-filling forms, says Oliver Wittmaier, CIO and product owner at DB SYSTEL GmbH, the wholly owned subsidiary of DB AG and digital partner for all group companies. Mitre Corp.

Enterprise 111

Enterprise IT Experimentation Unstructured Data 111

CIO Business Intelligence

JUNE 28, 2023

For all of generative AI’s allure, large enterprises are taking their time, many outright banning tools like ChatGPT over concerns of accuracy, data protection, and the risk of regulatory backlash. Experimentation with a use case driven approach. Likely, you’re doing better than you think. Caution is king. Looking forward.

Enterprise 52

Enterprise Experimentation Risk Data-driven 52

DataRobot

JANUARY 13, 2022

Many companies find that they have a treasure trove of data but lack the expertise to use it to improve ROI. AI can help them wrangle the data that’s collected and quickly answer important questions. But they often don’t have enough data scientists with the full range of domain expertise to realize its full value.

ROI 52

ROI Machine Learning Experimentation Data Science 52

Smart Data Collective

DECEMBER 30, 2020

Big data is playing an important role in many facets of modern business. One of the most important applications of big data technology lies with inventory management and optimization. Understanding the Best Data-Driven Inventory Optimization Applications for the Coming Year.

Data-driven 95

Data-driven Software Optimization Big Data 95

DataRobot

JUNE 8, 2021

The proposed cognitive benefit of personas is that humans are better at thinking in narratives than abstract data about customers. Unlike personas, however, cluster analysis is data-driven. But despite the allure of a data-driven approach, cluster analysis is arbitrary. Personas are subjectively constructed.

Data-driven 98

Data-driven Testing Marketing Experimentation 98

Domino Data Lab

JANUARY 24, 2019

In 2018 we saw the “data science platform” market rapidly crystallize into three distinct product segments. Over the last couple years, it would be hard to blame anyone for being overwhelmed looking at the data science platform market landscape. Proprietary (often GUI-driven) data science platforms. Automation Tools.

Data Science 65

Data Science Marketing Data-driven Statistics 65

IBM Big Data Hub

JANUARY 17, 2023

Due to the convergence of events in the data analytics and AI landscape, many organizations are at an inflection point. Furthermore, a global effort to create new data privacy laws, and the increased attention on biases in AI models, has resulted in convoluted business processes for getting data to users. Data governance.

Data-driven 57

Data-driven Enterprise Data Governance Prescriptive Analytics 57

Occam's Razor

APRIL 8, 2013

We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. Sometimes, we escape the clutches of this sub optimal existence and do pick good metrics or engage in simple A/B testing. Online, offline or nonline.

Metrics 156

Metrics KPI Analytics Key Performance Indicator 156

CIO Business Intelligence

APRIL 24, 2024

Sales and marketing departments have long been at the forefront of embracing new technologies, and according to data provided by the Alexander Group, a revenue consultancy, 80% of hundreds of survey responses detailed that CROs have formally invested in AI for their marketing teams.

Sales 114

Sales Finance Experimentation Cost-Benefit 114

Occam's Razor

AUGUST 22, 2011

Be data driven?" Six Rules For Creating A Data Driven Boss! Be data driven?" Slay The Analytics Data Quality Dragon & Win Your HiPPO's Love! Web Data Quality: A 6 Step Process To Evolve Your Mental Model. The Ultimate Web Analytics Data Reconciliation Checklist.

KPI 124

KPI Metrics Measurement ROI 124

O'Reilly on Data

MAY 14, 2020

AI PMs should enter feature development and experimentation phases only after deciding what problem they want to solve as precisely as possible, and placing the problem into one of these categories. Experimentation: It’s just not possible to create a product by building, evaluating, and deploying a single model.

Management 363

Management Experimentation B2B Machine Learning 363

Occam's Razor

SEPTEMBER 19, 2011

We have to do Search Engine Optimization. It is also important to point out that I am keeping the data simple purely to keep communication of the story straightforward. Here's the outcomes data for the control version of the experiment. We have to do Email Marketing. We have to do Paid Search. We have to do Social Media.

Measurement 119

Measurement Advertising Testing Marketing 119

datapine

MAY 20, 2020

With a powerful dashboard maker , each point of your customer relations can be optimized to maximize your performance while bringing various additional benefits to the picture. When using a CRM dashboard tool , all these benefits will come under a single data-roof, where you can access and share your data across the board.

Dashboards 265

Dashboards Reporting KPI Visualization 265

Occam's Razor

DECEMBER 9, 2009

It is rare for me to work with a organization where the root cause for their faith based decision making (rather than data driven) was not the org structure. Surprisingly it is often not their will to use data, that is there in many cases. Chapter 14: HiPPOs, Ninjas, and the Masses: Creating a Data-Driven Culture.

Analytics 95

Analytics Data-driven Marketing Sales 95

Occam's Razor

JULY 24, 2018

The result is analytical strategies that are uninformed by reality, and driven new tool features, random expert recommendations and shiny objects ( OMG we have to get offline attribution! ). Diving a bit deeper into the x-axis… While most data can be collected in real-time now, not all metrics are useful in real-time.

Analytics 93

Analytics Metrics Strategy Measurement 93

O'Reilly on Data

OCTOBER 19, 2021

As with many burgeoning fields and disciplines, we don’t yet have a shared canonical infrastructure stack or best practices for developing and deploying data-intensive applications. Why: Data Makes It Different. Not only is data larger, but models—deep learning models in particular—are much larger than before.

IT 346

IT Testing Experimentation Software 346

IBM Big Data Hub

OCTOBER 20, 2023

AI platform tools enable knowledge workers to analyze data, formulate predictions and execute tasks with greater speed and precision than they can manually. AI platforms assist with a multitude of tasks ranging from enforcing data governance to better workload distribution to the accelerated construction of machine learning models.

Machine Learning 79

Machine Learning Manufacturing Cost-Benefit Deep Learning 79