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Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. I suggest that the simplest business strategy starts with answering three basic questions: What? encouraging and rewarding) a culture of experimentation across the organization.

Strategy 290
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Rebranding IT for the modernized IT mission

CIO Business Intelligence

At a recent Coffee with Digital Trailblazers event that I host on Fridays at 11 am ET, we debated not if but when and how top CIOs should rebrand and recast IT’s mission. A best practice is to include a recurring communication strategy , so executives see rebranding as not a one-and-done activity.

IT 108
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BNY Mellon’s Joseph Sieczkowski: cloud removes opportunity cost

CIO Business Intelligence

Laying the foundation for its cloud strategy, BNY Mellon undertook a multi-year application modernization effort. “In On BNY Mellon’s cloud strategy: First and foremost, we view cloud as a journey, not a destination. Today, our strategy is to have a multi-cloud approach. What follows are edited excerpts of that conversation.

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Accelerating Cost Reduction: AI Making an Impact on Financial Services

Cloudera

In this year’s post, I’ve collected cost-reduction strategies — augmented by the capabilities of generative AI — and innovative approaches that promise to accelerate cost-reduction and reshape the financial services landscape in the year ahead. Debugging: Identifying and fixing bugs in code is essential for application security.

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10 digital transformation roadblocks — and 5 tips for overcoming them

CIO Business Intelligence

Transformational leaders must ensure their organizations have the expertise to integrate new technologies effectively and the follow-through to test and troubleshoot thoroughly before going live. Digital transformation is not a one-time event but a continuous process. Digital Transformation, IT Leadership, IT Strategy

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Backtesting index rebalancing arbitrage with Amazon EMR and Apache Iceberg

AWS Big Data

Backtesting is a process used in quantitative finance to evaluate trading strategies using historical data. This helps traders determine the potential profitability of a strategy and identify any risks associated with it, enabling them to optimize it for better performance.

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Higher-ed CIOs embrace academia’s AI challenges

CIO Business Intelligence

But we also have teams responsible for data analytics, and teams of audio-visual experts to ensure our concert halls and event centers can support a range of activities. We’ve done a lot of experimentation on these adaptive tools that use AI,” says Ventimiglia. We do the typical things like helpdesk and payroll,” says Fozard.