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The new CIO mandate: Selling AI to employees

CIO Business Intelligence

Employees fearing job loss should take comfort in the 2024 Stanford AI Index Report , which found that while AI is gaining in capability, it can’t match humans in many complex cognitive functions, notes Daniel Barchi, CIO of CommonSpirit Health, a healthcare provider. They need to have a culture of experimentation.”

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Bringing an AI Product to Market

O'Reilly on Data

Many companies face a problem that’s even worse: no one knows which levers contribute to the metrics that impact business outcomes, or which metrics are important to the company (such as those reported to Wall Street by publicly-traded companies). Without clarity in metrics, it’s impossible to do meaningful experimentation.

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Top 8 predictive analytics tools compared

CIO Business Intelligence

Predictive analytics tools blend artificial intelligence and business reporting. The tool builds heavily on business intelligence and reporting by treating predictions as just another column in the analytics presentation. A free plan allows experimentation. What are predictive analytics tools?

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3 force multipliers for digital transformation

CIO Business Intelligence

While digital initiatives and talent are the board directors’ top strategic business priorities in 2023-2024, IT spending is forecasted to grow by only 2.4% Tech companies have laid off over 250 thousand employees since 2022, and 93% of CEOs report preparing for a US recession over the next 12 to 18 months.

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Expectations vs. reality: A real-world check on generative AI

CIO Business Intelligence

For every optimistic forecast, there’s a caveat against a rush to launch. Pilots can offer value beyond just experimentation, of course. Customers like Telstra report similar time savings for their early adopters, although Forrester lead analyst on Copilot for Microsoft 365 JP Gownder suggests five hours a month is a more common gain.

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eCommerce Brands Use Data Analytics for Conversion Rate Optimization

Smart Data Collective

One report found that global e-commerce brands spent over $16.7 These tools provide comprehensive reports and analyses that can help you understand user behavior on your website, giving you insight into vital metrics, conversion funnels, and geographical and demographic data. billion on analytics last year.

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Survey: Marketers embrace AI at expense of metaverse investments

CIO Business Intelligence

A report from Sitecore based on its AI & Composable Marketing Software Survey found that nearly 4 in 5 (78%) marketers believe that GAI will be instrumental in achieving the ideal customer experience (CX) not only through greater personalization but also through GAI’s ability to mine deep insights into individual customer needs and wants.