CIO Business Intelligence

APRIL 4, 2024

Like other CIOs, Katrina Redmond has been inundated with opportunities to deploy AI that promise to speed business and operations processes, and optimize workflows. To be successful, an AI proof of concept (PoC) project also needs to make good business sense, says CIO Vikram Nafde, CIO at Connecticut-based Webster Bank.

Enterprise 133

Enterprise Cost-Benefit Forecasting Strategy 133

CIO Business Intelligence

NOVEMBER 27, 2023

ChatGPT, Stable Diffusion, and DreamStudio–Generative AI are grabbing all the headlines, and rightly so. Gen AI will become a fundamental part of how enterprises manage and deliver IT services and how business users get their work done. Developing and deploying successful AI can be an expensive process with a high risk of failure.

Risk 129

Risk Cost-Benefit Modeling Optimization 129

CIO Business Intelligence

SEPTEMBER 19, 2023

Organizations all around the globe are implementing AI in a variety of ways to streamline processes, optimize costs, prevent human error, assist customers, manage IT systems, and alleviate repetitive tasks, among other uses. And with the rise of generative AI, artificial intelligence use cases in the enterprise will only expand.

Enterprise 141

Enterprise Cost-Benefit Optimization Deep Learning 141

CIO Business Intelligence

APRIL 17, 2024

With this deal, Salesforce would be the dominant data integration company, making it the starting point for enterprises trying to bring disparate data sources together,” said Hyoun Park, chief analyst at Amalgam Insights. This challenge requires tools with capabilities outside of what MuleSoft and Tableau can offer,” Park explained.

Cost-Benefit 128

Cost-Benefit B2B Marketing Enterprise 128

CIO Business Intelligence

FEBRUARY 16, 2024

But things have gotten a little more complicated now, as the large-scale roll-out of generative artificial intelligence (GenAI) has introduced the need for a multidisciplinary approach to innovation. According to an EXL Enterprise AI study , 74% of C-level leaders say data silos have been a barrier to enterprise-wide AI implementation.

Strategy 134

Strategy Insurance Digital Transformation Enterprise 134

O'Reilly on Data

MAY 18, 2020

Moreover, things seem likely to keep changing until a vaccine or effective treatment for COVID-19 becomes available. All this change could wreak havoc on artificial intelligence (AI) systems. The most common types of AI systems are still only as good as their training data. What is an incident when it comes to an AI system?

Risk 359

Risk Modeling Data Processing Software 359

CIO Business Intelligence

MARCH 26, 2024

Enterprise CIOs have always been at a disadvantage competing with tech firms for skilled IT pros, but accelerated transformation efforts and an AI gold rush have significantly intensified the talent war, prompting CIOs to increasingly turn to outside firms for help. Staff augmentation and outsourcing are nothing new.

Recreation/Entertainment 123

Recreation/Entertainment Consulting Metrics Enterprise 123

O'Reilly on Data

JULY 28, 2020

The Core Responsibilities of the AI Product Manager. Product managers for AI must satisfy these same responsibilities, tuned for the AI lifecycle. If you’re an AI product manager (or about to become one), that’s what you’re signing up for. Identifying the problem.

Marketing 362

Marketing Experimentation Metrics Testing 362

CIO Business Intelligence

AUGUST 4, 2023

This has served us well for many years, but the time has come where we need to step up the risk management mindset, including R&D and innovation-related projects, due to technology’s increasing rate of adoption, scale, and impact. Technology has always been used for positive and negative effect. What’s new and different today?

Risk 96

Risk Risk Management ROI Technology 96

IBM Big Data Hub

DECEMBER 20, 2023

Artificial intelligence (AI) is a transformative force. By giving machines the growing capacity to learn, reason and make decisions, AI is impacting nearly every industry, from manufacturing to hospitality, healthcare and academia. Without an AI strategy, organizations risk missing out on the benefits AI can offer.

Strategy 77

Strategy Business Objectives Cost-Benefit Consulting 77

CIO Business Intelligence

JANUARY 2, 2024

“This approach is vital for staying competitive and responsive in an era where technological advancements, particularly in AI, are rapid and transformative.” Answer those persistent questions about AI As GDH’s Boelens observes, the swift advancements made in AI have left CIOs and their C-suite colleagues grappling with significant questions.

IT 144

IT Cost-Benefit Statistics Consulting 144

CIO Business Intelligence

OCTOBER 13, 2023

Generative AI is quickly changing the landscape of the business world, with rapid adoption rates across nearly every industry. Businesses are turning to gen AI to streamline business processes, develop proprietary AI technology, and reduce manual efforts in order to free up employees to take on more intensive tasks.

Deep Learning 143

Deep Learning Machine Learning Modeling Software 143

CIO Business Intelligence

DECEMBER 11, 2023

The adoption of generative AI in the U.S. You have to balance the potential benefits of generative AI with significant, important operational issues, such as ensuring patient data privacy and complying with regulatory requirements. And yet, generative AI is a transformative technology—one that cannot be ignored.

Unstructured Data 75

Unstructured Data Interactive Data-driven Consulting 75

O'Reilly on Data

SEPTEMBER 15, 2021

In June 2021, we asked the recipients of our Data & AI Newsletter to respond to a survey about compensation. The results then provide a place to start thinking about what effect the pandemic had on employment. The average salary for data and AI professionals who responded to the survey was $146,000. Executive Summary.

Machine Learning 363

Machine Learning Statistics Reporting Consulting 363

CIO Business Intelligence

AUGUST 9, 2023

It’s an appropriate takeaway for another prominent and high-stakes topic, generative AI. Generative AI “fuel” and the right “fuel tank” Enterprises are in their own race, hastening to embrace generative AI ( another CIO.com article talks more about this). What does this have to do with technology?

Unstructured Data 94

Unstructured Data Modeling Data Architecture Enterprise 94

IBM Big Data Hub

OCTOBER 25, 2023

Implementing generative AI can seem like a chicken-and-egg conundrum. In a recent IBM Institute for Business Value survey, 64% of CEOs said they needed to modernize apps before they could use generative AI. Organizations that have mastered hybrid cloud are well positioned to implement generative AI across the organization.

Cost-Benefit 88

Cost-Benefit ROI Modeling Testing 88

O'Reilly on Data

MAY 25, 2021

There have also been colorful conversations about whether GPT-3 can pass the Turing test, or whether it has achieved a notional understanding of consciousness, even amongst AI scientists who know the technical mechanics. Indeed, Google recently announced LaMDA , a model at GPT-3 scale that is designed to participate in conversations.

Modeling 346

Modeling Marketing Testing Machine Learning 346

CIO Business Intelligence

AUGUST 21, 2023

Generative AI Perhaps not surprisingly, generative AI tops the list of today’s overhyped tech. At the same time, today’s hype may be distracting enterprise leaders from fully understanding how generative AI (also known as GAI) will evolve and how they can use that power in the future. Here’s what they say on the topic.

Technology 145

Technology IT Uncertainty Reporting 145

CIO Business Intelligence

NOVEMBER 9, 2023

As countless organizations race to investigate or adopt artificial intelligence technologies, many are building out an AI skilled workforce. They should be a champion for smart AI adoption, and be able to recognize and balance AI benefits with risks. What is a chief AI officer?

IT 128

IT Strategy Reporting Visualization 128

IBM Big Data Hub

MAY 8, 2023

Artificial intelligence (AI) is polarizing. In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. It excites the futurist and engenders trepidation in the conservative.

Insurance 71

Insurance Risk Testing Data Quality 71

IBM Big Data Hub

MAY 18, 2023

Forrester Research just released “ The Forrester Wave™: AI Decisioning Platforms, Q2 2023: The 13 Providers That Matter Most And How They Stack Up ” by Mike Gualtieri with Aaron Katz, Catherine Marcin, and Jen Barton, and IBM is proud to be recognized as a Leader.

Reporting 92

Reporting Scorecard Predictive Modeling Machine Learning 92

CIO Business Intelligence

AUGUST 11, 2023

Despite numerous stories about companies restricting generative AI use in the workplace, employees don’t seem to be using it any less. Recent research conducted by Dell indicates that 91% of respondents have dabbled with generative AI in their lives in some capacity, with another 71% reporting they’ve specifically used it at work 1.

IT 92

IT Data Processing Risk Strategy 92

IBM Big Data Hub

AUGUST 1, 2023

We’re delighted about the recent expansion of IBM and Adobe’s dynamic partnership to help brands transform their content supply chains using generative AI. IBM Consulting provides the expertise to effectively implement design and creative generative AI models in a scaleable, secure and governed way for the enterprise.

Consulting 62

Consulting Marketing Enterprise Optimization 62

CIO Business Intelligence

SEPTEMBER 18, 2023

AI has been a huge topic in the technology world with ChatGPT, and I had some exposure through the IVA team so I was really interested in pursuing the AI apprenticeship,” Chavarin says. From a company standpoint, you minimize turnover and search and recruiting costs.” You need to continually be willing to train and learn.”

IT 135

IT Cost-Benefit Technology Business Intelligence 135

CIO Business Intelligence

JANUARY 11, 2024

Add the rapid rise of generative AI, and the past year was one in which CIOs often found themselves on the back foot, reacting to disruptions and shifting strategies in real-time. It starts with establishing a clear set of agreed upon initiatives and outcomes for the organization,” he says. “We

IT 129

IT Uncertainty Cost-Benefit Strategy 129

CIO Business Intelligence

FEBRUARY 14, 2023

Titanium Intelligent Solutions, a global SaaS IoT organization, even saved one customer over 15% in energy costs across 50 distribution centers , thanks in large part to AI. Here, I’ll focus on why these three elements and capabilities are fundamental building blocks of a data ecosystem that can support real-time AI.

Data Strategy 114

Data Strategy Strategy Machine Learning Data-driven 114

CIO Business Intelligence

NOVEMBER 2, 2023

And that is where many CIOs find themselves today: tackling cloud cost issues more skillfully just as disruptive forces such as generative AI are set to ensure those costs will exponentially escalate, CIOs predict. 1 barrier to moving forward in the cloud. People better understand the charges, and [they] better negotiate costs.

Strategy 134

Strategy Data Processing Experimentation Optimization 134

IBM Big Data Hub

JULY 12, 2023

In less than a year, we’ve gone from the “run your business and apply AI to help” paradigm to a reality where enterprises in every industry are navigating how to embed AI into the fabric of their strategies. Generative AI based on foundation models has brought us to this inflection point.

Enterprise 56

Enterprise Unstructured Data Modeling Machine Learning 56

CIO Business Intelligence

JANUARY 12, 2023

Jermia Bayisa Lulu, CEO and co-founder of start-up Debo Engineering Agritech, has consolidated his knowledge and experience in computer networking, engineering, and Artificial Intelligence (AI) research to go all in on agritech to solve the problems that affect 85% of community life in his native Ethiopia. Plus, about 20.4

IoT 143

IoT Consulting Internet of Things Technology 143

CIO Business Intelligence

AUGUST 23, 2023

We’re largely B2B, so that digital customer experience had to be able to scale from individual bodega owners to large food distribution colleagues and other large organizations like multinationals. We had to find ways to scale that digital customer experience across that gamut. But it’s a very large and complex organization.”

Data Strategy 97

Data Strategy Strategy B2B Digital Transformation 97

CIO Business Intelligence

SEPTEMBER 21, 2023

The advent of gen AI changed everything, and the pace of that change is like nothing we’ve seen before. According to McKinsey, gen AI is poised to add up to an annual $4.4 But there’s also the downside: the possibility gen AI will take companies down. In Europe, the AI Act is on its way. billion to the global economy.

Enterprise 129

Enterprise Consulting Modeling Cost-Benefit 129

Cloudera

MAY 5, 2022

Fraud, waste, and abuse (FWA) in government is a constant, multi-billion dollar issue that challenges agency leaders at all levels and across all sectors, from healthcare to education to taxation to Social Security. The scope and scale of public spending — federal outlays alone were approximately $6.6

Machine Learning 96

Machine Learning Visualization Data Analytics Optimization 96

CIO Business Intelligence

MARCH 14, 2022

It is also the foundation of predictive analysis, artificial intelligence (AI), and machine learning (ML). Real-time Data Scaling Challenges. The challenge for many organizations is to scale real-time resources in a manner that reduces costs while increasing revenue. The cloud also supports fast scaling.

Data Processing 115

Data Processing Optimization Deep Learning Software 115

CIO Business Intelligence

JULY 14, 2023

Whether it’s text, images, video or, more likely, a combination of multiple models and services, taking advantage of generative AI is a ‘when, not if’ question for organizations. Since the release of ChatGPT last November, interest in generative AI has skyrocketed. Every company will be doing that,” he adds. “In

Modeling 94

Modeling Machine Learning Cost-Benefit B2B 94

IBM Big Data Hub

MAY 1, 2023

Along with the explosion of information technology in the 1950’s, the term ‘artificial intelligence’ (AI) was coined by John McCarthy in 1956. Continued advancement in AI development has resulted today in a definition of AI which has several categories and characteristics.

Insurance 80

Insurance Predictive Modeling Cost-Benefit Statistics 80

AWS Big Data

JANUARY 9, 2024

2023 was a year of rapid innovation within the artificial intelligence (AI) and machine learning (ML) space, and search has been a significant beneficiary of that progress. Background: Lexical and semantic search Before we get started, let’s review lexical and semantic search. Only items that have words the user typed match the query.

Cost-Benefit 90

Cost-Benefit Visualization Modeling Machine Learning 90

IBM Big Data Hub

JULY 19, 2023

The exponential leap in generative AI is already transforming many industries: optimizing workflows , helping human teams focus on value added tasks and accelerating time to market. Life sciences industry is beginning to take notice and aims to leapfrog the technological advances.

Consulting 62

Consulting Machine Learning Manufacturing Optimization 62