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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

Yet, controlling cloud costs remains the top challenge IT leaders face in making the most of their cloud strategies, with about one third — 35% — of respondents citing these expenses as the No. It depends on what business model you’re in. 1 barrier to moving forward in the cloud.

Strategy 140
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Unlocking generative AI’s greatest growth opportunities

CIO Business Intelligence

Over the last year, generative AI—a form of artificial intelligence that can compose original text, images, computer code, and other content—has gone from experimental curiosity to a tech revolution that could be one of the biggest business disruptors of our generation. Where will the biggest transformation occur first?

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ADP’s cloud transformation pays dividends

CIO Business Intelligence

These HCM services include applicant tracking, compensation, talent, and learning management, as well as insurance and retirement services. ADP’s innovation lab has already developed many machine learning models and predictive analytics that exploit the company’s data cloud. It allows others to move very quickly as well.

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Interview with: Sankar Narayanan, Chief Practice Officer at Fractal Analytics

Corinium

I am the Chief Practice Officer for Insurance, Healthcare, and Hi-Tech verticals at Fractal. The Insurance practice is currently engaged with several top 10 P&C insurers in the US, across the Insurance value chain through AI, Engineering, Design & Behavioural Sciences programs.

Insurance 250
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IT leaders grapple with shadow AI

CIO Business Intelligence

With the ability to instantaneously ingest reams of data using large language models (LLMs), generative AI technologies such as OpenAI’s ChatGPT and Google’s Bard can produce reports, contracts, and application code far surpassing earlier technologies in speed, accuracy, and thoroughness. Other CIOs have adopted similar strategies.

IT 98
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Digital listening reveals 3 leading innovation drivers

CIO Business Intelligence

To gain perspective, Iron Mountain sponsored research by Quadrant Strategies, which used digital listening technologies to study public online conversation trends among enterprise decision-makers. It surpasses blockchain and metaverse projects, which are viewed as experimental or in the pilot stage, especially by established enterprises.

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How to create a culture of innovation

CIO Business Intelligence

Prioritize time for experimentation. The team was given time to gather and clean data and experiment with machine learning models,’’ Crowe says. Employees will rally around a new business model, a new market opportunity, a new product offering,’’ Rybchin says. That starts to get people familiar with the agile model.”.