Smart Data Collective

JULY 20, 2022

A growing number of businesses use big data technology to optimize efficiency. While there are various interpretations or models to address such problems, Lean Thinking can contribute to the implementation of more optimal projects for a business. Data-driven decision-making has become a major element of modern business.

Data-driven 125

Data-driven Optimization Big Data Data Strategy 125

CIO Business Intelligence

APRIL 30, 2024

IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1 Bandwidth optimization. This optimization improves efficiency and reduces costs. over the 2023-2027 forecast period 1.

Forecasting 93

Forecasting Optimization Advertising IoT 93

CIO Business Intelligence

APRIL 10, 2024

The company needs massive computing power with CPUs and GPUs that are optimized for AI development, says Clark, adding that Seekr looked at the infrastructure it would need to build and train its huge AI models and quickly determined that buying and maintaining the hardware would be prohibitively expensive. Clark says.

IT 114

IT Testing Optimization Modeling 114

IBM Big Data Hub

APRIL 3, 2024

It helps organizations optimize their workplace experience , facility resource scheduling, facility strategic planning, lease accounting and asset disposal, and manage their transactions, capital projects , space , facility maintenance and facility sustainability. Figure 1: TAS on customer-hosted Red Hat OpenShift high-level architecture 2.

Data Processing 71

Data Processing Cost-Benefit Optimization Management 71

CIO Business Intelligence

MAY 23, 2022

Many companies whose AI model training infrastructure is not proximal to their data lake incur steeper costs as the data sets grow larger and AI models become more complex. The cloud is great for experimentation when data sets are smaller and model complexity is light. Potential headaches of DIY on-prem infrastructure.

Experimentation 126

Experimentation Cost-Benefit Data Lake Data Science 126

IBM Big Data Hub

JANUARY 24, 2024

With the seismic shift wrought by generative AI, the pressure is on IT to modernize and optimize to meet the demand. Turbonomic can automatically optimize your applications’ resourcing levels while dynamically scaling with business needs—all in near real-time while preserving performance.

Strategy 66

Strategy Data Processing Optimization Software 66

CIO Business Intelligence

APRIL 11, 2024

Oracle Cloud Infrastructure is now capable of hosting a full range of traditional and modern IT workloads, and for many enterprise customers, Oracle is a proven vendor,” says David Wright, vice president of research for cloud infrastructure strategies at research firm Gartner. These days that includes generative AI.

Enterprise 123

Enterprise IT Data Processing Strategy 123

CIO Business Intelligence

JULY 13, 2022

The result of years of consolidation, the sprawling facility was the home of more than 40 networks, different virtualization platforms and hypervisor levels, nearly 10,000 virtual machines, 585 servers, and a massive collection of legacy software. A migration that led to optimization. I was amazed. They are training them themselves.”.

Software 91

Software Cost-Benefit Optimization Data Processing 91

Smart Data Collective

SEPTEMBER 13, 2023

Hosting Your Own Website and Network Businesses that want to enjoy full control over their IT infrastructure opt for setting up everything in-house. For instance, used Dell servers , which are refurbished, offer the same performance as Dell servers of the same make and model; however, they come for a fraction of the cost.

IT 101

IT Cost-Benefit Data Processing Software 101

AWS Big Data

NOVEMBER 17, 2023

Managing the SQL files, integrating cross-team work, incorporating all software engineering principles, and importing external utilities can be a time-consuming task that requires complex design and lots of preparation. In this post, we look into an optimal and cost-effective way of incorporating dbt within Amazon Redshift.

Snapshot 90

Snapshot Data Processing Testing Data Warehouse 90

CIO Business Intelligence

NOVEMBER 27, 2023

On top of that, Gen AI, and the large language models (LLMs) that power it, are super-computing workloads that devour electricity.Estimates vary, but Dr. Sajjad Moazeni of the University of Washington calculates that training an LLM with 175 billion+ parameters takes a year’s worth of energy for 1,000 US households. Not at all.

Risk 124

Risk Cost-Benefit Modeling Optimization 124

Laminar Security

DECEMBER 1, 2023

DSPM solutions help organizations achieve data security compliance, reduce data breach risks, optimize cloud costs, and improve data quality, all while enabling data-driven innovation. Cost optimization: Optimize your cloud storage costs by eliminating or reducing redundant, obsolete, or trivial data in your cloud environment.

Modeling 52

Modeling Cost-Benefit Risk Data-driven 52

datapine

MAY 2, 2023

You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. Your Chance: Want to test a professional logistics analytics software? A testament to the rising role of optimization in logistics.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

IBM Big Data Hub

MAY 9, 2023

Over the past decade, deep learning arose from a seismic collision of data availability and sheer compute power, enabling a host of impressive AI capabilities. Data must be laboriously collected, curated, and labeled with task-specific annotations to train AI models. Data: the foundation of your foundation model Data quality matters.

Enterprise 134

Enterprise Technology Modeling Cost-Benefit 134

IBM Big Data Hub

SEPTEMBER 5, 2023

Open-source software. DevOps, open source and the mainframe Open-source software and DevOps share a common philosophy and technical underpinnings. DevOps is a mindset, a culture and a set of technical practices that foster better communication and collaboration across the software lifecycle.

Software 128

Software Testing Digital Transformation Interactive 128

CIO Business Intelligence

FEBRUARY 28, 2024

This is what Mobicule Technologies , an independent software vendor (ISV) in fintech, realised as they expanded their client base in India’s financial services industry. While other loan-management software vendors typically charge a fixed monthly fee per loan account, Mobicule only bills their clients once instalments have been recovered.

Digital Transformation 91

Digital Transformation Software Data Processing Management 91

CIO Business Intelligence

APRIL 29, 2024

Embracing a collaborative Request for Solution model transforms the procurement journey by incorporating a supplier “dialogue” phase where the buyer and supplier collaborate on the best possible solution. Stepping into this model means inviting suppliers to step up and present innovative solutions tailored to the buyer’s needs.

Modeling 83

Modeling Data Processing Measurement Risk 83

datapine

SEPTEMBER 27, 2022

Plus, knowing the best way to learn SQL is beneficial even for those who don’t deal directly with a database: Business Intelligence software , such as datapine, offers intuitive drag-and-drop interfaces, allowing for superior data querying without any SQL knowledge. SQL can perform a multitude of complex functions in a fraction of a second.

Business Intelligence 292

Business Intelligence Data Warehouse Data Processing Data mining 292

IBM Big Data Hub

FEBRUARY 7, 2024

2 For example, some are turning to software solutions that can more easily capture, manage and report ESG data. Circular economy: When waste is a resource Waste not, want not: the circular economy model, which aims to minimize unnecessary waste and make the most of resources, is booming. trillion in economic benefits by 2030.

Reporting 98

Reporting Cost-Benefit Internet of Things Data-driven 98

Smart Data Collective

SEPTEMBER 13, 2022

In today’s more competitive, technology-driven corporate environment, all firms seeking to increase activity and productivity are reaping the benefits of the software world. The abbreviation for software as a service is “SaaS.” The SaaS business model is gaining acceptance throughout the world.

Cost-Benefit 104

Cost-Benefit Data Processing Software Data-driven 104

IBM Big Data Hub

APRIL 29, 2024

Hosted by IBM® in partnership with Meta, VeloxCon showcased the latest innovation in Velox including project roadmap, Prestissimo (Presto-on-Velox), Gluten (Spark-on-Velox), hardware acceleration, and much more. Remus Lazar, VP Data & AI Software at IBM presented Velox’s journey within IBM and vision for its future.

Management 69

Management Optimization Data Processing Metrics 69

Smart Data Collective

SEPTEMBER 10, 2023

This approach is a departure from traditional networking models, where companies often invest heavily in on-premises hardware and maintenance. Virtualized Network Functions (VNFs): These are software-based network components that perform various functions like routing, firewalling, and load balancing.

Technology 108

Technology Cost-Benefit Data Processing Software 108

CIO Business Intelligence

NOVEMBER 2, 2023

Awareness of FinOps practices and the maturity of software that can automate cloud optimization activities have helped enterprises get a better understanding of key cost drivers,” McCarthy says, referring to the practice of blending finance and cloud operations to optimize cloud spend. growth experienced in 2022.

Strategy 128

Strategy Data Processing Experimentation Optimization 128

IBM Big Data Hub

JANUARY 9, 2024

relative to 2022, with the highest being in infrastructure-as-a-service (at 23%) followed by software-as-a-service (SaaS, at 8.4%) and IT services (at 3%). Scaling AI for better business outcomes and impact AI has transitioned from peripheral to core business driver, demanding optimized infrastructure for high-performance AI workloads.

Digital Transformation 73

Digital Transformation Business Driver Optimization Strategy 73

CIO Business Intelligence

OCTOBER 11, 2023

To overcome these challenges, energy companies are increasingly turning to artificial intelligence (AI), particularly generative AI large language models (LLM). First, AI is improving weather models so that utilities can have a better idea of where disaster might strike. Today, over 70% of the U.S. How can AI and generative AI help?

Unstructured Data 134

Unstructured Data Uncertainty Risk Data Processing 134

CIO Business Intelligence

MARCH 11, 2024

2023 was a challenging year, to say the least, for our industry – and software/SaaS vendors were hit particularly hard. A generic CRM might manage leads, but can it optimize industry pricing? Deep industry domain knowledge takes time – and experience – to build, and generally requires a much more expansive delivery model.

Manufacturing 80

Manufacturing Cost-Benefit Finance Marketing 80

IBM Big Data Hub

APRIL 18, 2024

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

CIO Business Intelligence

OCTOBER 7, 2022

Every organization pursuing digital transformation needs to optimize IT from edge to cloud to move faster and speed time to innovation. For IT decision makers and their partners and sellers, a modern approach involves three essential steps to optimize procurement — and accelerate digital transformation: 1. Understand your VM needs.

Data-driven 90

Data-driven IT Digital Transformation ROI 90

CIO Business Intelligence

JUNE 16, 2022

Today, they run on data and that data is usually juggled, herded, curated, and organized by business process management (BPM) software. BPM tools help organizations create, execute, optimize, and monitor business processes. The legal department can use contract tracking software. The help desk can follow trouble tickets.

Management 111

Management Insurance Software Digital Transformation 111

IBM Big Data Hub

DECEMBER 20, 2023

Whether it’s deeper data analysis, optimization of business processes or improved customer experiences , having a well-defined purpose and plan will ensure that the adoption of AI aligns with the broader business goals. A model represents what was learned by a machine learning algorithm. What is an AI strategy?

Strategy 79

Strategy Business Objectives Cost-Benefit Consulting 79

CIO Business Intelligence

NOVEMBER 29, 2023

The key is to bring in a platform-neutral software architect who can delineate business boundaries and create solutions that are less intertwined with a specific vendor.” Most of the time, those CIOs decide to keep the multi-cloud model because they’re locked in. But if it’s overladen with optimizations, you’re stuck.”

Recreation/Entertainment 120

Recreation/Entertainment Testing Strategy Risk 120

CIO Business Intelligence

JANUARY 10, 2024

Optimizing cloud investments requires close collaboration with the rest of the business to understand current and future needs, building effective FinOps teams, partnering with providers, and ongoing monitoring of key performance metrics. You worry you don’t have enough capacity, so you overprovision,” he says.

Cost-Benefit 113

Cost-Benefit Measurement Optimization Metrics 113

Smart Data Collective

FEBRUARY 20, 2022

AWS (Amazon Web Services), the comprehensive and evolving cloud computing platform provided by Amazon, is comprised of infrastructure as a service (IaaS), platform as a service (PaaS) and packaged software as a service (SaaS). Companies whose applications are rarely used, such as tax software. Management of data. Development tools.

Cost-Benefit 116

Cost-Benefit Data Lake Software Machine Learning 116

O'Reilly on Data

MARCH 31, 2020

If you’re already a software product manager (PM), you have a head start on becoming a PM for artificial intelligence (AI) or machine learning (ML). But there’s a host of new challenges when it comes to managing AI projects: more unknowns, non-deterministic outcomes, new infrastructures, new processes and new tools.

Management 332

Management Machine Learning Experimentation Metrics 332

CIO Business Intelligence

JANUARY 29, 2024

The evolving role of IT, coupled with new pandemic-era work models, has sifted the culture conversation away from in-office trappings. The commitment to build and scale your own mission-critical software platform requires a very specific kind of work culture and IT talent bench. To be clear, everyone still fancies a high-end perk.

IT 124

IT Insurance Digital Transformation Technology 124

CIO Business Intelligence

MARCH 13, 2024

So based on early results, the three functional areas where companies see the biggest productivity improvements are in customer service, software development, and general creative and knowledge work. AI models are able to present best practice code systems to help junior developers learn and hone their skills.”

IT 126

IT Consulting Testing Cost-Benefit 126

IBM Big Data Hub

OCTOBER 25, 2023

Hybrid cloud allows them to take advantage of powerful open-source large language models (LLMs), use public data and computing resources to train their own models and securely fine-tune their models while keeping their proprietary insights private. Much more can be said about IT operations as a foundation of modernization.

Cost-Benefit 89

Cost-Benefit ROI Modeling Testing 89