August, 2023

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Your AI journey: Destined for the ditch?

CIO Business Intelligence

Every organization is on an AI journey. Some don’t know they are. Others don’t want to leave home. Very few have a map or a mutually agreed upon destination. And only a tiny fraction have the appropriate shoes. That’s the current state of AI at Global 2000 enterprises, whose behavior set thus far in the AI space appears to be designed more to avoid embarrassment than to maximize value creation.

Insurance 102
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Data Analytics Boosts ROI of Investment Trusts

Smart Data Collective

Data analytics has had a tremendous impact on the financial sector in recent years. Therefore, it should be no surprise that the market for financial analytics is projected to be worth nearly $19 billion by 2030. There are a ton of great benefits of using data analytics in finance. One of the biggest opportunities to leverage financial analytics technology is in the field of investing.

ROI 92
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The 4 most overhyped technologies in IT

CIO Business Intelligence

Most CIOs and IT staffers remain, at heart, technologists, with many proclaiming their interest in shiny new tech toys. They may publicly preach “No technology for technology’s sake,” but they still frequently share their fascination with the latest tech gadgets. They’re not the only ones enthralled by tech. With technology and tech news now both pervasive and mainstream, many outside of IT — from veteran board members to college-age interns — are equally enthusiastic about bleeding-edge technol

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Building A Model From Scratch to Generate Text From Prompts

Analytics Vidhya

Introduction In the swiftly evolving Generative AI landscape, a new era has arrived. This transformative shift brings unprecedented advancements to AI applications, with Chatbots at the forefront. These AI-powered conversational agents simulate human-like interactions, reshaping communication for businesses and individuals. The term “Gen AI Era” emphasizes advanced AI’s role in shaping the future. “Unlocked potential” […] The post Building A Model From Scratch

Modeling 353
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Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

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Combining Scenario Evaluation with BI Delivers Better Decisions

David Menninger's Analyst Perspectives

If I had a magic wand, I would want to add scenario evaluation to all business intelligence tools on the market. I have previously written about the need to make intelligent decisions with decision intelligence. The data and analytics markets have evolved so that organizations have far greater capabilities to utilize data in decision-making processes.

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The Burtch Works 2023 Data Science & AI Professionals Salary Report is Here!

KDnuggets

The Burtch Works 2023 Data Science & AI Professionals salary report is here, and includes insightful data such as hiring and marketplace trends, compensation changes over time, and salary data. Get your copy here.

More Trending

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Advances in AI Are Driving Major Changes in Cybersecurity

Smart Data Collective

Artificial intelligence technology is radically changing the future of cybersecurity. Last year, global organizations spent over $15 billion on AI to bolster their cyber defenses. Smart companies realize that they can no longer overlook the importance of using AI to thwart hackers. After all, hackers themselves are turning to AI to commit their crimes.

Risk 105
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What is NLP? Natural language processing explained

CIO Business Intelligence

Natural language processing definition Natural language processing (NLP) is the branch of artificial intelligence (AI) that deals with training computers to understand, process, and generate language. Search engines, machine translation services, and voice assistants are all powered by the technology. While the term originally referred to a system’s ability to read, it’s since become a colloquialism for all computational linguistics.

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Basic Tenets of Prompt Engineering in Generative AI

Analytics Vidhya

Introduction In this article, we shall discuss ChatGPT Prompt Engineering in Generative AI. ChatGPT has been one of the most discussed topics among tech and not-so-techies since November 2022. It is a type of intelligent conversation that marks the dawn of an era of intelligent conversation. One can ask almost anything ranging from science, arts, […] The post Basic Tenets of Prompt Engineering in Generative AI appeared first on Analytics Vidhya.

Analytics 342
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Deploy Amazon OpenSearch Serverless with Terraform

AWS Big Data

Amazon OpenSearch Serverless provides the search and analytical functionality of OpenSearch without the manual overhead of configuring, managing, and scaling OpenSearch clusters. It automatically scales the resources based on your workload, and you only pay for the resources consumed. Managing OpenSearch Serverless is simple, but with infrastructure as code (IaC) software like Terraform , you can simplify your resource management even more.

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Entity Resolution Checklist: What to Consider When Evaluating Options

Are you trying to decide which entity resolution capabilities you need? It can be confusing to determine which features are most important for your project. And sometimes key features are overlooked. Get the Entity Resolution Evaluation Checklist to make sure you’ve thought of everything to make your project a success! The list was created by Senzing’s team of leading entity resolution experts, based on their real-world experience.

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KDnuggets News, August 30: 7 Projects Built with Generative AI • Beyond Numpy and Pandas: Lesser-Known Python Libraries

KDnuggets

7 Projects Built with Generative AI • Beyond Numpy and Pandas: Unlocking the Potential of Lesser-Known Python Libraries • 5 Ways You Can Use ChatGPT’s Code Interpreter For Data Science • GPT-4: 8 Models in One; The Secret is Out

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Threads Dev Interview 8: @pau.codes

Data Science 101

Threads Dev Interviews I am finding developers on Threads and interviewing them, right on Threads. You are welcome to follow along and let me know on Threads if you would like to be interviewed. “I’m writing a book about Typescript. It’s called TypeScript Gamified, and its goal is to help people learn TS the fun way.” — Paula Santamaría (@pau.codes) on Threads I believe you, @pau.codes, became a developer right out of high school.

Software 111
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The Enduring Significance of Data Modeling in the Modern Data-Driven Enterprise

erwin

Q: Is data modeling cool again? A: It always was and is getting cooler!! In today’s fast-paced digital landscape, data reigns supreme. The data-driven enterprise relies on accurate, accessible, and actionable information to make strategic decisions and drive innovation. Amidst the evolving technological landscape, one constant remains despite the ongoing attacks from nay-sayers: the importance of data modeling as a foundational step in the delivery of data to these forward-thinking organiz

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What is digital transformation? A necessary disruption

CIO Business Intelligence

Once a vanguard business strategy, digital transformation has become a perennial objective for business survival. Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth. Executives know that if their businesses don’t continually evolve through digital transformation they risk being overtaken by competitors or shut down by startups th

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Strategic CX: A Deep Dive into Voice of the Customer Insights for Clarity

Speaker: Nicholas Zeisler, CX Strategist & Fractional CXO

The first step in a successful Customer Experience endeavor (or for that matter, any business proposition) is to find out what’s wrong. If you can’t identify it, you can’t fix it! 💡 That’s where the Voice of the Customer (VoC) comes in. Today, far too many brands do VoC simply because that’s what they think they’re supposed to do; that’s what all their competitors do.

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Generative AI’s Shift From GPT-3.5 to GPT-4 Journey

Analytics Vidhya

Introduction The transition from GPT-3.5 to GPT-4 in the generative artificial intelligence (AI) realm marks a transformative leap in language generation and comprehension. GPT-4, short for “Generative Pre-trained Transformer 4,” is the culmination of iterative advancements, harnessing improved architecture and training methods. While GPT-3.5 showcased impressive prowess in comprehending context and producing coherent text, GPT-4 […] The post Generative AI’s Shift From GP

Analytics 333
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How B2B Marketing, Sales, And Product Can Align To Drive Growth In 2024

Srividya Sridharan

Planning season is the perfect time for B2B revenue engine leaders to address common challenges, share functional insights and competencies, and build a customer-obsessed growth strategy.

B2B 98
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5 Skills All Marketing Analytics and Data Science Pros Need Today

KDnuggets

Join us at the MADS conference in Washington, D.C., from Sept. 26 to 28, 2023. Learn more here and register with code KDN100 for $100 of your conference pass.

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Thread Dev Interview 6: @chris.mrbananas.greening

Data Science 101

Threads Dev Interviews I am finding developers on Threads and interviewing them, right on Threads. You are welcome to follow along and let me know on Threads if you would like to be interviewed. “Definitely – now it [programmer] seems like an obvious career choice. Back then it really wasn’t that popular. Though when the dot com boom came everything changed!

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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AI helping Oil And Gas Sector navigate sustainability

Jen Stirrup

The oil and gas industry is championing AI as another leader at the table, advancing profitability, sustainability and environmental responsibility as the industry looks to future solutions to meet energy needs. 92% of oil & gas companies are diving into AI, bridging efficiency gaps with transformative technology, according to a recent Forbes article , and now is the time to participate in shaping the energy industry’s future.

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CIOs are worried about the informal rise of generative AI in the enterprise

CIO Business Intelligence

In my previous column in May, when I wrote about generative AI uses and the cybersecurity risks they could pose , CISOs noted that their organizations hadn’t deployed many (if any) generative AI-based solutions at scale. What a difference a few months makes. Now, generative AI use has infiltrated the enterprise with tools and platforms like OpenAI’s ChatGPT / DALL-E, Anthropic’s Claude.ai, Stable Diffusion, and others in ways both expected and unexpected.

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Google Watermarks AI-Generated Images to Shield Against Deepfakes

Analytics Vidhya

In a significant stride towards combating the surge of misleading content, Google has introduced an innovative solution that brings a new layer of defense against the onslaught of deepfakes. This pioneering endeavor employs invisible watermarks, like secret shields, on images created using AI technology. The watermarking tool, named “SynthID,” is a product of the innovative […] The post Google Watermarks AI-Generated Images to Shield Against Deepfakes appeared first on Analytic

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How Ontraport reduced data processing cost by 80% with AWS Glue

AWS Big Data

This post is written in collaboration with Elijah Ball from Ontraport. Customers are implementing data and analytics workloads in the AWS Cloud to optimize cost. When implementing data processing workloads in AWS, you have the option to use technologies like Amazon EMR or serverless technologies like AWS Glue. Both options minimize the undifferentiated heavy lifting activities like managing servers, performing upgrades, and deploying security patches and allow you to focus on what is important:

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The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data and AI

Speaker: Aindra Misra, Sr. Staff Product Manager of Data & AI at BILL (Previously PM Lead at Twitter/X)

Embark on a transformation journey into the heart of the data ecosystem! This webinar is your gateway to a deeper comprehension of the foundations that drive the data industry and will equip you with the knowledge needed to navigate the evolving landscape. Delve into the diverse use cases where data analytics plays a pivotal role. We’ll explore how these applications are transforming with the introduction of Gen AI, and discuss the anticipated use cases for 2024 and beyond.

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Top Posts August 14-20: How to Use ChatGPT to Convert Text into a PowerPoint Presentation

KDnuggets

How to Use ChatGPT to Convert Text into a PowerPoint Presentation • 5 Ways You Can Use ChatGPT’s Code Interpreter For Data Science • Forget ChatGPT, This New AI Assistant Is Leagues Ahead and Will Change the Way You Work Forever • Python Vector Databases and Vector Indexes: Architecting LLM Apps • 3 Ways to Access GPT-4 for Free

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Threads Dev Interview 5: @arkmuntasser

Data Science 101

Threads Dev Interviews I am finding developers on Threads and interviewing them, right on Threads. You are welcome to follow along and let me know on Threads if you would like to be interviewed. “I have worked at every level of the stack, but my heart is and will forever be in frontend. I’m a CSS guy.” — @arkmuntasser Threads Dev Interview #5 I am finding developers on Threads and interviewing them, right here on Threads.

IT 111
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Laminar strengthens cloud data security with Microsoft OneDrive and Google Drive integration

Laminar Security

New cloud file share integrations mark a pivotal moment for holistic data security posture management in the cloud In today’s digital era, cloud file-sharing platforms have become the backbone of modern businesses, enabling swift, seamless, and efficient data collaboration. However, with such accessibility comes potential risks: data breaches, unauthorized access, and compliance violations.

Risk 88
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IFS acquires Falkonry to offer AI-based enterprise asset management services

CIO Business Intelligence

Enterprise resource planning (ERP) software vendor IFS has agreed to acquire Falkonry, the developer of an AI-based time-series data analytics tool, to boost its enterprise asset management (EAM) services portfolio. IFS has an eye on the growing number of connected machines in factories, and will add Falkonry’s self-learning Time Series AI Suite, which can help enterprises manage and maintain manufacturing equipment, to its existing enterprise simulation and AI-based scheduling and optimization

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Addressing Top Enterprise Challenges in Generative AI with DataRobot

The buzz around generative AI shows no sign of abating in the foreseeable future. Enterprise interest in the technology is high, and the market is expected to gain momentum as organizations move from prototypes to actual project deployments. Ultimately, the market will demand an extensive ecosystem, and tools will need to streamline data and model utilization and management across multiple environments.

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Top 12 AI Music Generators in 2023

Analytics Vidhya

AI Music Generation is the process of using artificial intelligence techniques to generate music. AI algorithms can autonomously generate new track pieces by examining patterns, structures, and styles from existing music. This technology can potentially revolutionize how music is composed, produced, and enjoyed. AI music technology is a rapidly advancing field with numerous structures and […] The post Top 12 AI Music Generators in 2023 appeared first on Analytics Vidhya.

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Monitor Apache Spark applications on Amazon EMR with Amazon Cloudwatch

AWS Big Data

To improve a Spark application’s efficiency, it’s essential to monitor its performance and behavior. In this post, we demonstrate how to publish detailed Spark metrics from Amazon EMR to Amazon CloudWatch. This will give you the ability to identify bottlenecks while optimizing resource utilization. CloudWatch provides a robust, scalable, and cost-effective monitoring solution for AWS resources and applications, with powerful customization options and seamless integration with other AWS services.

Metrics 92
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Who Will Make Money from the Generative AI Gold Rush?

KDnuggets

Buckle up for the Generative AI gold rush! Will BigTech rule with its picks and shovels? Which startups will strike it rich? Will “copilot for X” be the business strategy to hit pay dirt? How can startups dig moats to keep out other prospectors? And will the US once again have the richest gold seams?

Strategy 109
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Threads Dev Interview 3: @bryandevideas

Data Science 101

Threads Dev Interviews I am finding developers on Threads and interviewing them, right on Threads. You are welcome to follow along and let me know on Threads if you would like to be interviewed. “I’d suggest two things […] 1. Play the numbers game […] 2. Network meaningfully” — @bryandevideas Welcome to the series and let’s get started.

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A Tale of Two Case Studies: Using LLMs in Production

Speaker: Tony Karrer, Ryan Barker, Grant Wiles, Zach Asman, & Mark Pace

Join our exclusive webinar with top industry visionaries, where we'll explore the latest innovations in Artificial Intelligence and the incredible potential of LLMs. We'll walk through two compelling case studies that showcase how AI is reimagining industries and revolutionizing the way we interact with technology. Some takeaways include: How to test and evaluate results 📊 Why confidence scoring matters 🔐 How to assess cost and quality 🤖 Cross-platform cost vs. quality tr