January, 2024

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8 data strategy mistakes to avoid

CIO Business Intelligence

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. How enterprises gather, store, cleanse, access, and secure their data can be a major factor in their ability to meet corporate goals. Unfortunately, the road to data strategy success is fraught with challenges, so CIOs and other technology leaders need to plan and execute carefully.

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Top 6 predictions for AI advancements and trends in 2024

IBM Big Data Hub

In 2024, the initial cultural fascination with early generative AI yields tangible business results. This technology, which includes the ability to process and generate text, voice and video content, is revolutionizing how companies enhance productivity, foster innovation and stimulate creativity. According to McKinsey & Company , these AI applications have the potential to contribute between USD 2.6 trillion and 4.4 trillion annually to the global economy through various business scenarios.

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Ultimate List of Generative AI Resources

Analytics Vidhya

Introduction The rise of Large Language Models (LLMs) like ChatGPT has been revolutionary, igniting a new era in how we interact with technology. These sophisticated models, exemplified by ChatGPT, have redefined how we engage with digital platforms. Think about it – how often have you used tools like ChatGPT to effortlessly write an email or […] The post Ultimate List of Generative AI Resources appeared first on Analytics Vidhya.

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13 IT resolutions for 2024

CIO Business Intelligence

CIOs are readying for another demanding year, anticipating that artificial intelligence, economic uncertainty, business demands, and expectations for ever-increasing levels of speed will all be in play for 2024. Yet, CIOs remain both undaunted by that list and expectant about what they can achieve. They’re articulating ambitions and formulating objectives, turning those would-be challenges into opportunities.

IT 144
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Driving Business Impact for PMs

Speaker: Jon Harmer, Product Manager for Google Cloud

Move from feature factory to customer outcomes and drive impact in your business! This session will provide you with a comprehensive set of tools to help you develop impactful products by shifting from output-based thinking to outcome-based thinking. You will deepen your understanding of your customers and their needs as well as identifying and de-risking the different kinds of hypotheses built into your roadmap.

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The AI Playbook: Providing Important Reminders to Data Professionals

TDAN

Eric Siegel’s “The AI Playbook” serves as a crucial guide, offering important insights for data professionals and their internal customers on effectively leveraging AI within business operations.

Metrics 122
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Amplifying Deep Learning: A Dive into Data Augmentation Strategies

Analytics Vidhya

Introduction In the world of deep learning, where data is often less, the role of data augmentation has become very important. We use methods like turning images or flipping them to make our model learn better. But our datasets are becoming more complicated. That’s where data augmentation steps in. This helps for our learning model […] The post Amplifying Deep Learning: A Dive into Data Augmentation Strategies appeared first on Analytics Vidhya.

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Prompt Engineering 101: Mastering Effective LLM Communication

KDnuggets

This article serves as an introduction to those looking to understanding what prompt engineering is, and to learn more about some of the most important techniques currently used in the discipline.

Modeling 139
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How to handle a ransomware attack 

IBM Big Data Hub

It’s the news no organization wants to hear―you’ve been the victim of a ransomware attack, and now you’re wondering what to do next. The first thing to keep in mind is you’re not alone. Over 17 percent of all cyberattacks involve ransomware —a type of malware that keeps a victim’s data or device locked unless the victim pays the hacker a ransom.

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10 Advanced Git Techniques

KDnuggets

Improve your version control skills to resolve issues and maintain a clean Git repository.

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Oracle plans to expand its cloud region across the Middle East

CIO Business Intelligence

Oracle’s annual flagship event, CloudWorld Tour returned to the UAE for the second consecutive year to share the company’s latest AI innovations to power UAE’s Digital Economy and its plans across the region. The company that just turned 35 years old in the UAE will continue to invest in local infrastructure to bring cloud capabilities that will help the UAE Government entities and private sector.

IT 143
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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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Quiz of the Day (Scikit-learn) # 14

Analytics Vidhya

Welcome to another exciting edition of the AI Quiz of the Day! In today’s edition, we delve into the fascinating world of machine learning with a focus on the popular Scikit-learn library, commonly known as Sklearn. Sklearn is a powerful tool for data analysis and machine learning, offering a wide range of modules that simplify […] The post Quiz of the Day (Scikit-learn) # 14 appeared first on Analytics Vidhya.

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The EU Data Act Is Now In Force – What It Means For You And Your Organization

Martha Bennett

Providers and users of connected products in the EU, or services related to such products, take note: The EU Data Act is now in force. The clock on the transition period started ticking on January 11, 2023, and you need to be prepared.

IT 124
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Hackers aren’t breaking in – they’re logging in. What is double-extortion ransomware, and how should you respond?

Laminar Security

The rise of double-extortion ransomware Gone are the days when adversaries had to sift through hundreds of lines of code to penetrate a network. Today’s bad actors don’t break in; they log in. More than 24 billion usernames and password combinations are currently available on cybercrime marketplaces. By using authorized credentials, threat actors can log in and move laterally across a network to access data stores.

Risk 119
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How Indigenous perspectives can guide climate innovation for a just transition: IBM teams up with Net Zero Atlantic in Canada

IBM Big Data Hub

The windswept province of Nova Scotia lies on Canada’s Atlantic coast, and comprises part of Mi’kma’ki, the traditional districts of the Mi’kmaq First Nations people. In recent years, Nova Scotia has become a promising site for the clean energy transition, with some of the world’s fastest offshore wind speeds and potential for hydrogen development.

Testing 116
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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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Enroll in a 4-year Computer Science Degree Program For Free

KDnuggets

Enroll in the free OSSU Computer Science degree program and launch your career in tech today. Learn from high-quality courses from professors from leading universities like MIT, Harvard, and Princeton.

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Trust: The foundation for successful digital transformation

CIO Business Intelligence

In today’s dynamic, digitally evolving business landscape, establishing a strong foundation of trust within an organization is more vital than ever. In this article, we look at why trust is so critical in an enterprise and offer some key approaches for establishing a solid foundation of trust. Trust is critical and difficult to maintain In an enterprise, trust can be fragile.

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7 Libraries for Machine Learning

Analytics Vidhya

Introduction Machine learning has revolutionized the field of data analysis and predictive modelling. With the help of machine learning libraries, developers and data scientists can easily implement complex algorithms and models without writing extensive code from scratch. In this article, we will explore the top 7 libraries for machine learning and understand their features, use […] The post 7 Libraries for Machine Learning appeared first on Analytics Vidhya.

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Benefits of the LLM Mesh, Part 2: Enforcing a Secure API Gateway

Dataiku

With Generative AI top of mind for many companies, IT leaders have been tasked with figuring out how to make the most of this new technology through pilot use cases and experimentation.

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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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Why Data-Driven Businesses Need Clean Sales Data

Smart Data Collective

We have talked about how big data is beneficial for companies trying to improve efficiency. However, many companies don’t use big data effectively. In fact, only 13% are delivering on their data strategies. We have talked about the importance of data quality when you are running a data-driven business.

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Architectural patterns for real-time analytics using Amazon Kinesis Data Streams, part 1

AWS Big Data

We’re living in the age of real-time data and insights, driven by low-latency data streaming applications. Today, everyone expects a personalized experience in any application, and organizations are constantly innovating to increase their speed of business operation and decision making. The volume of time-sensitive data produced is increasing rapidly, with different formats of data being introduced across new businesses and customer use cases.

Analytics 114
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7 Steps to Landing Your First Data Science Job

KDnuggets

Want to make a successful career switch to data science? From learning data science concepts to cracking interviews, read this guide to move one step closer to your first data science job.

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SAP announces $2.2B restructuring program that’ll impact 8,000 jobs

CIO Business Intelligence

German tech major SAP has announced a 2 billion euro ($2.17 billion) restructuring program for 2024, impacting 8,000 employees as it focuses on AI. “In 2024, SAP will further increase its focus on key strategic growth areas, in particular Business AI. It also intends to transform its operational setup to capture organizational synergies, AI-driven efficiencies and to prepare the company for highly scalable future revenue growth,” SAP said in a press statement.

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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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apt-get Command in Linux: Understanding with Examples

Analytics Vidhya

Introduction The apt-get command is a powerful tool in Linux that allows users to manage software packages. Whether you want to install, update, remove, or search for packages, apt-get provides a simple and efficient way to handle these tasks. In this article, we will explore the various functionalities of apt-get and provide examples to help […] The post apt-get Command in Linux: Understanding with Examples appeared first on Analytics Vidhya.

Software 340
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LVMH's Data Revolution: Pioneering AI at Scale in the World of Luxury

Dataiku

This blog post is a translated adaptation of LeMagIt’s article, “ Comment LVMH déploie l’IA à l’échelle.” In the fast-evolving landscape of luxury retail, staying ahead means not just embracing innovation but also orchestrating it across diverse brands and sectors. LVMH, the iconic French luxury group, has emerged as a trailblazer by strategically deploying artificial intelligence (AI) on an unprecedented scale.

IT 111
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The dynamic forces behind data center re-transformation 

IBM Big Data Hub

Data centers are undergoing significant evolution. Initially, they were massive, centralized facilities that were complex, costly and difficult to replicate or restore. Now, advancements in hardware and software as well as increased focus on sustainability are driving rapid transformation. Catalysts and conundrums A dramatic shift in development and operations is making data centers more agile and cost-effective.

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10 Best Practices For Business Intelligence Dashboards

Smart Data Collective

Companies around the world increasingly use business intelligence (BI) dashboards. If you use one or intend to, knowing some business intelligence best practices can help you avoid pitfalls. Here are 10 best practices for usiness intelligence dashboards from which you can choose information to display.

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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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The Only Free Course You Need To Become a Professional Data Engineer

KDnuggets

Data Engineering ZoomCamp offers free access to reading materials, video tutorials, assignments, homeworks, projects, and workshops.

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SAP offers big discount to lure on-prem S/4HANA customers to Rise

CIO Business Intelligence

SAP is offering on-premises S/4HANA users a credit of 60% of their first year’s fees if they migrate to its all-in-one cloud-based offering, Rise with SAP. The credit, to be spent on other SAP services, should be enough to offset around half of the overall cost of a typical migration, according to Jan Gilg, the company’s chief product officer for cloud ERP.

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Going Beyond the Basics of RAG Pipelines: How Txtai Can Help?

Analytics Vidhya

Introduction Effective retrieval methods are paramount in an era where data is the new gold. This article introduces an innovative data extraction and processing approach. Dive into the world of txtai and Retrieval Augmented Generation (RAG), where complex data becomes easily navigable and insightful. By the end of this article, you will know how the fusion of txtai […] The post Going Beyond the Basics of RAG Pipelines: How Txtai Can Help?

Analytics 336
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Can Language Models Replace Compilers?

O'Reilly on Data

Kevlin Henney and I recently discussed whether automated code generation, using some future version of GitHub Copilot or the like, could ever replace higher-level languages. Specifically, could ChatGPT N (for large N) quit the game of generating code in a high-level language like Python, and produce executable machine code directly, like compilers do today?

Modeling 284
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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