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.

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Generative AI Deep Dive: Advancing from Proof of Concept to Production

Speaker: Maher Hanafi, VP of Engineering at Betterworks & Tony Karrer, CTO at Aggregage

Executive leaders and board members are pushing their teams to adopt Generative AI to gain a competitive edge, save money, and otherwise take advantage of the promise of this new era of artificial intelligence. There's no question that it is challenging to figure out where to focus and how to advance when it’s a new field that is evolving everyday. 💡 This new webinar featuring Maher Hanafi, VP of Engineering at Betterworks, will explore a practical framework to transform Generative AI pr

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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 142
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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 132
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Leading the Development of Profitable and Sustainable Products

Speaker: Jason Tanner

While growth of software-enabled solutions generates momentum, growth alone is not enough to ensure sustainability. The probability of success dramatically improves with early planning for profitability. A sustainable business model contains a system of interrelated choices made not once but over time. Join this webinar for an iterative approach to ensuring solution, economic and relationship sustainability.

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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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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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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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The Role of Data Products in Maximizing ROI from AI Initiatives

Stuck with stalled AI projects? Data silos and fragmented processes are likely culprits. This IDC report unveils Data Products as the secret weapon. By treating data as a product, organizations can overcome these challenges and unlock the true potential of AI. Learn how a unified data control plane empowers Data Products to deliver trusted, high-quality data for faster insights and improved decision-making.

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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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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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Google and Stanford Develop AI Housemaid

Analytics Vidhya

Stanford University has introduced Mobile ALOHA, a robotic system that advances the capabilities of bimanual mobile manipulation through low-cost whole-body teleoperation. This innovation, which builds upon Google DeepMind’s existing ALOHA system, brings mobility and dexterity to the forefront of robotic learning. The project developed in collaboration with Berkeley University and Meta has many features, which […] The post Google and Stanford Develop AI Housemaid appeared first on An

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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 112
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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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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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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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Survey: Machine Learning Projects Still Routinely Fail to Deploy

KDnuggets

The author highlights the chronic under-deployment of ML projects, with only 22% of revolutionary initiatives deploying and a lack of stakeholder visibility and detailed planning as key issues, in his industry survey and book "The AI Playbook.

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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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Get Better Network Graphs & Save Analysts Time

Many organizations today are unlocking the power of their data by using graph databases to feed downstream analytics, enahance visualizations, and more. Yet, when different graph nodes represent the same entity, graphs get messy. Watch this essential video with Senzing CEO Jeff Jonas on how adding entity resolution to a graph database condenses network graphs to improve analytics and save your analysts time.

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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 331
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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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AI Drives the Intersection of Industrial Hygiene and Cybersecurity

Smart Data Collective

AI technology has played a crucial role in the future of cybersecurity. According to Grand View Research, cybersecurity providers spent over $16.4 billion on AI in 2022. This figure is projected to grow over 24.3% a year through 2030.

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Use Amazon Athena with Spark SQL for your open-source transactional table formats

AWS Big Data

AWS-powered data lakes, supported by the unmatched availability of Amazon Simple Storage Service (Amazon S3), can handle the scale, agility, and flexibility required to combine different data and analytics approaches. As data lakes have grown in size and matured in usage, a significant amount of effort can be spent keeping the data consistent with business events.

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Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You Need to Know

Speaker: Timothy Chan, PhD., Head of Data Science

Are you ready to move beyond the basics and take a deep dive into the cutting-edge techniques that are reshaping the landscape of experimentation? 🌐 From Sequential Testing to Multi-Armed Bandits, Switchback Experiments to Stratified Sampling, Timothy Chan, Data Science Lead, is here to unravel the mysteries of these powerful methodologies that are revolutionizing how we approach testing.

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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 330
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Modernizing mainframe applications with a boost from generative AI

IBM Big Data Hub

Look behind the scenes of any slick mobile application or commercial interface, and deep beneath the integration and service layers of any major enterprise’s application architecture, you will likely find mainframes running the show. Critical applications and systems of record are using these core systems as part of a hybrid infrastructure. Any interruption in their ongoing operation could be disastrous to the continued operational integrity of the business.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene