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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. That will pay dividends for years,” Pick says.

IT 98
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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023.

Strategy 140
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CIOs press ahead for gen AI edge — despite misgivings

CIO Business Intelligence

based online insurer, is developing an LLM-based platform to handle customer requests with far more intelligent and enhanced chatbots. Yet, the intense focus on gen AI has only accelerated experimentation for CIOs and vendors, including Musk, whose xAI will reportedly enter the AI arms race.

Risk 141
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CIOs set their agendas to achieve IT’s ultimate balancing act

CIO Business Intelligence

But while the report found that growth was important, it was outranked by improving the customer experience and operational excellence. Hyatt’s experimental mindset and listen-first approach are heavily applied to IT’s pursuit of innovation, he says. That is a tall order for CIOs, who feel the pressure to do it all.

Strategy 137
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Getting ready for artificial general intelligence with examples

IBM Big Data Hub

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. Code (62%) : Gen AI helps developers write code more efficiently and with fewer errors.

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Search: Not Provided: What Remains, Keyword Data Options, the Future

Occam's Razor

The Multi-Channel Funnels folder in Google Analytics contains the Top Conversion Paths report. At the highest level, across visits by focusing on unique people, the report shows the role search plays in driving conversions. From there, jump to my personal favorite report in MCF, Assisted Conversions. See Page Value there?

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Reflections on the Data Science Platform Market

Domino Data Lab

Enterprises with teams of data scientists select these solutions to enable accelerated experimentation for individuals while simultaneously driving collaboration and governance for the organization. They have a forthcoming report on automation-focused platforms this year.