CIO Business Intelligence

SEPTEMBER 15, 2023

Salesforce is looking at a large recruitment drive as it plans to invest in new areas such as generative AI and push some of its popular products, such as the Data Cloud, CEO Marc Benioff, and chief operating officer Brian Millham told Bloomberg in an interview.

IT 129

IT Uncertainty Sales Data-driven 129

CIO Business Intelligence

NOVEMBER 14, 2022

Decision support systems definition A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. A DSS leverages a combination of raw data, documents, personal knowledge, and/or business models to help users make decisions.

Data mining 129

Data mining Data-driven Statistics OLAP 129

CIO Business Intelligence

APRIL 28, 2023

Continuing with current cloud adoption plans is a risky strategy because the challenges of managing and securing sensitive data are growing. As it becomes a dominant IT operating model, critical data is finding its way into the cloud. Almost 50% of European companies are putting classified data in the public cloud.

Uncertainty 81

Uncertainty Business Driver Data Processing Data-driven 81

CIO Business Intelligence

JANUARY 11, 2024

A data-driven foundation Of course, a dose of caution is in order, particularly with newer AI offshoots such as generative AI. IT leaders understand that the models are only as good as the information on which they are educated.

Enterprise 113

Enterprise Uncertainty Risk Management Reporting 113

Jedox

JANUARY 3, 2023

In times of uncertainty and change, technology can drive our ability to adapt quickly. Integrated business planning (IBP) is the next generation of decisive planning, with technology-driven cross-functional collaboration at its core. Integrated business planning creates more meaningful collaboration. Technology is a talent magnet.

Uncertainty 81

Uncertainty Forecasting Finance Data-driven 81

CIO Business Intelligence

FEBRUARY 8, 2024

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Although there are efforts to boost industries such as semiconductors, there is much uncertainty about when the impact may be seen.

IT 84

IT Uncertainty Consulting Forecasting 84

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. Machine learning adds uncertainty.

Management 332

Management Machine Learning Experimentation Metrics 332

CIO Business Intelligence

OCTOBER 4, 2022

From delightful consumer experiences to attacking fuel costs and carbon emissions in the global supply chain, real-time data and machine learning (ML) work together to power apps that change industries. Data architecture coherence. Putting data in the hands of the people that need it.

Machine Learning 100

Machine Learning Data Architecture Uncertainty Data-driven 100

CIO Business Intelligence

APRIL 24, 2024

CIOs will need to focus on aligning AI-driven solutions with broader business strategies, ensuring seamless integration into existing processes while addressing potential challenges like data security and ethical AI use.

Enterprise 116

Enterprise Digital Transformation Consulting Risk 116

Cloudera

MARCH 2, 2018

If you do an internet search for ‘data-driven disruption’ you can find articles about almost every industry being disrupted by digitalisation and new applications of data. While there are instances of data-driven efforts in the nonprofit sector, they are not as widespread as they can be.

Data-driven 42

Data-driven Prescriptive Analytics Descriptive Analytics Machine Learning 42

CIO Business Intelligence

JANUARY 9, 2023

Three years ago, IT leaders were squarely focused on how to adopt fledgling AI techniques and approaches into their business models in service of digital transformations that included plans for shifting some workloads to the cloud. How do you future-proof your business in the face of so much uncertainty?

IT 145

IT Uncertainty Cost-Benefit Digital Transformation 145

CIO Business Intelligence

AUGUST 1, 2023

But we don’t necessarily see this with AI-driven models, in which the return on scale can continue to climb to previously unheard-of levels. It will be driven by the fierce pace of evolution of best-of-breed technology like the Apache open-source data ecosystem. Whatever you conclude won’t actually matter.

Strategy 52

Strategy Data-driven Interactive Uncertainty 52

erwin

OCTOBER 16, 2020

It’s certainly no secret that data has been growing in volume, variety and velocity, and most companies are overwhelmed by managing it, let alone harnessing it to put it to work. quintillion bytes of data every day, and 90% of the world’s data volume has been created in the past two years alone. Where is the data?

Internet of Things 145

Internet of Things Data-driven Uncertainty Data Governance 145

CIO Business Intelligence

MARCH 14, 2022

Hubbard defines measurement as: “A quantitatively expressed reduction of uncertainty based on one or more observations.”. This acknowledges that the purpose of measurement is to reduce uncertainty. And the purpose of reducing uncertainty is to make better decisions. I call this point data saturation.

Uncertainty 86

Uncertainty Measurement Cost-Benefit Optimization 86

CIO Business Intelligence

OCTOBER 23, 2023

In today’s uncertain economic landscape, it is no surprise that organizations are driven to optimize business costs. All of these present challenges for IT professionals within their day-to-day activities in data centers. It’s a win-win scenario when moving to an as-a-service model.

Cost-Benefit 88

Cost-Benefit Uncertainty Digital Transformation Optimization 88

IBM Big Data Hub

FEBRUARY 20, 2024

Climate models provide answers Human activities precipitated changes to the Earth’s climate in the 20th century and will largely determine the future climate. Global climate models have given climate scientists a set of expectations as to what the future could hold, both for the Earth at large and for specific regions.

Modeling 119

Modeling Forecasting Reporting Risk 119

CIO Business Intelligence

JULY 26, 2023

Alphabet on Tuesday reported a 7% increase in revenue for the quarter ended June driven by the growth in its cloud computing division, Google Cloud. Despite macroeconomic uncertainty affecting customers’ cloud expenditure, Google Cloud maintained its growth momentum, reporting a 28% increase in revenue. billion compared to $69.7

Uncertainty 52

Uncertainty Reporting Data-driven Sales 52

Smart Data Collective

AUGUST 18, 2021

When applied to the hiring process, data analytics can help you strategically grow and manage your team with greater accuracy and success. More companies are using big data to create a stronger company culture. 50% of business owners consider big data to be the most effective hiring method, a Global Recruiting Trends survey reveals.

Data Science 137

Data Science Management Big Data Metrics 137

Cloudera

JUNE 1, 2021

This means we can double down on our strategy – continuing to win the Hybrid Data Cloud battle in the IT department AND building new, easy-to-use cloud solutions for the line of business. It also means we can complete our business transformation with the systems, processes and people that support a new operating model. .

Uncertainty 144

Uncertainty Cost-Benefit Risk Strategy 144

CIO Business Intelligence

JULY 18, 2023

We have invested in the areas of security and private 5G with two recent acquisitions that expand our edge-to-cloud portfolio to meet the needs of organizations as they increasingly migrate from traditional centralized data centers to distributed “centers of data.”

IT 83

IT Uncertainty Data-driven Reporting 83

CIO Business Intelligence

DECEMBER 4, 2023

I use the word “content” rather than “data” here deliberately. All AI thrives on data, but generative AI applications can readily be built against the documents, emails, meeting transcripts, and other content that knowledge workers produce as a matter of course. Here’s a more detailed explanation of the importance of RAG.)

Uncertainty 77

Uncertainty Strategy Data-driven Consulting 77

erwin

MAY 6, 2020

In these times of great uncertainty and massive disruption, is your enterprise data helping you drive better business outcomes? The COVID-19 pandemic has forced organizations to tactically adjust their business models, work practices and revenue projections for the short term. Decrease data discovery and preparation times.

Cost-Benefit 94

Cost-Benefit Data Governance Uncertainty Data-driven 94

CIO Business Intelligence

JULY 11, 2023

McKinsey partners Lareina Yee, Bryan Hancock, and Bill Schaninger home in on how generative AI could help in a discussion of employee evaluations: But what if I, as the employee, can query, “Who are five success models with my strengths and weaknesses, and what have they gone on to do? What if Bill is someone I should model myself on?

Strategy 69

Strategy Uncertainty Data-driven Consulting 69

The Unofficial Google Data Science Blog

DECEMBER 14, 2021

by AMIR NAJMI & MUKUND SUNDARARAJAN Data science is about decision making under uncertainty. Some of that uncertainty is the result of statistical inference, i.e., using a finite sample of observations for estimation. But there are other kinds of uncertainty, at least as important, that are not statistical in nature.

Uncertainty 56

Uncertainty Statistics Measurement Cost-Benefit 56

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 Belcorp operates under a direct sales model in 14 countries. The team leaned on data scientists and bio scientists for expert support.

Digital Transformation 86

Digital Transformation Cost-Benefit Informatics Data mining 86

IBM Big Data Hub

FEBRUARY 21, 2022

But amidst all this uncertainty just what trends should business leaders be focused on? Strikingly, 36% of Gen Z consumers — so-called “digital natives” — prefer this hybrid model of shopping: the largest share of any age cohort. The importance of the purpose-driven consumer. The rise of hybrid shopping experiences.

Digital Transformation 80

Digital Transformation Data-driven Uncertainty Strategy 80

AWS Big Data

JUNE 27, 2023

Given the limitations of the static PDF charts used for its recruitment marketing data, we recognized the opportunity to introduce real-time interactive dashboards to improve insights needed to drive recruitment marketing initiatives. This makes protecting customer data even more important.

Metrics 96

Metrics Dashboards Interactive Visualization 96

Timo Elliott

JANUARY 4, 2021

With advanced analytics, flexible dashboarding and effective data visualization, FP&A storytelling has become both an art and science. First, because uncertainty exploded. Business people want more data than ever. We’re no longer talking about tinkering at the margins of a stable business model.

Dashboards 139

Dashboards Visualization Data-driven Forecasting 139

erwin

DECEMBER 10, 2020

However, data is central to our mission, and data is the key to sound decision-making. To survive and eventually thrive in the face of radical disruption requires transformation that’s just as radical: Developing new business models, like breweries and distillers manufacturing hand sanitizer. We might well be on our way.

Manufacturing 134

Manufacturing Uncertainty Data-driven Consulting 134

Cloudera

JULY 15, 2021

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. In this session we explored what firms are doing to approach the uncertainty with more predictability. Modeling that was previously well established – for both commercial and consumer lines – became less reliable.

Risk 96

Risk Optimization Management Insurance 96

Smart Data Collective

FEBRUARY 23, 2022

Many companies are going to have to revamp their entire business models in order to deal with the new technological changes brought on by advances in the IoT. We have many examples of companies that refuse to previous changes in the market and eventually collapse because of their persistent attachment to an old-fashioned business model.

IoT 114

IoT Internet of Things Data-driven Uncertainty 114

DataRobot Blog

MARCH 17, 2022

Businesses today operate under greater pressure and greater uncertainty than ever before. DataRobot For the AI-driven Business: Empower Your Business with No-Code Solutions that Deliver Timely, Continuous, and Trusted Insights from more of Your Data. Without data, you can’t have insights or models in production.

Forecasting 52

Forecasting Machine Learning Data-driven Uncertainty 52

CIO Business Intelligence

JANUARY 20, 2023

NaaS eliminates large upfront capital expenditure investments that often go into new network infrastructure design, planning, and implementation with a monthly subscription-based or flexible consumption model, alleviating the financial impact on rebuilding a new workplace environment.

Uncertainty 76

Uncertainty Reporting Consulting Data-driven 76

CIO Business Intelligence

APRIL 28, 2022

Right from the start, auxmoney leveraged cloud-enabled analytics for its unique risk models and digital processes to further its mission. Particularly in Asia Pacific , revenues for big data and analytics solutions providers hit US$22.6bn in 2020 , with financial services companies ranking among their biggest clients.

Analytics 84

Analytics Insurance Big Data Uncertainty 84

erwin

AUGUST 13, 2020

Compliance and Legislation : How do we manage uncertainty around legislative change (e.g., data protection, personal and sensitive data, tax issues and sustainability/carbon emissions)? Data Overload : How do we find and convert the right data to knowledge (e.g., big data, analytics and insights)?

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

Jedox

OCTOBER 8, 2020

We are currently operating in an environment with a very high (if not the highest ever) level of VUCA, (Volatility, Uncertainty, Complexity, Ambiguity). The way you mitigate uncertainty is with planning, planning, and more planning. Not to mention eventually leveraging the 70% – 80% of data that is considered “dark”.

Uncertainty 75

Uncertainty Cost-Benefit Unstructured Data Data-driven 75

CIO Business Intelligence

JUNE 28, 2022

Some call data the new oil. Philosophers and economists may argue about the quality of the metaphor, but there’s no doubt that organizing and analyzing data is a vital endeavor for any enterprise looking to deliver on the promise of data-driven decision-making. And to do so, a solid data management strategy is key.

Management 132

Management Internet of Things Statistics Data-driven 132