CIO Business Intelligence

MAY 30, 2024

Others have seen gen AI as an opportunity to advance their AI projects with uniquely constructed technology. When ChatGPT came to market, and there were no other competitors, I had the impression it was hype. At first, I was wary of generative AI,” he says. Despite the progress, setbacks occurred.

Cost-Benefit 104

Cost-Benefit Sales Modeling Experimentation 104

Jet Global

APRIL 27, 2023

Tax teams of multinational enterprises (MNEs) in the manufacturing industry face increasing challenges to manage business and market risks effectively. For your tax team to be agile, you’ll need to optimize tax technology and processes so you can both spot data insights and mitigate risk.

Manufacturing 52

Manufacturing Marketing Experimentation Reporting 52

O'Reilly on Data

MAY 14, 2020

AI PMs should enter feature development and experimentation phases only after deciding what problem they want to solve as precisely as possible, and placing the problem into one of these categories. Experimentation: It’s just not possible to create a product by building, evaluating, and deploying a single model.

Management 363

Management Experimentation B2B Machine Learning 363

CIO Business Intelligence

APRIL 26, 2023

“Startup” means risk. Regardless, new business ventures work under pressure to research, refine, and deliver an idea to the market. But despite the high risk/reward framework, these Victory-or-Bust ventures don’t have the market cornered on agility and innovation. Why not both? The alternative is shuttering for good.

Technology 52

Technology Marketing Experimentation Modeling 52

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT. Following are seven steps to guide this transformation for competitive advantage.

IT 125

IT Risk Cost-Benefit Risk Management 125

O'Reilly on Data

APRIL 4, 2024

It is a dark pattern, a map to suboptimal outcomes rather than the true path to competition, innovation and the creation of robust companies and markets. To the extent that entrepreneurial funding is more concentrated in the hands of a few, private finance can drive markets independent of consumer preferences and supply dynamics.

Marketing 152

Marketing Modeling Finance Experimentation 152

CIO Business Intelligence

MAY 16, 2024

Announced at its CamundaCon 2024 event in Berlin this week, the company’s pitch for AI is that the technology will hugely simplify the steep learning curve that comes with the setup phase of many business orchestration projects. This has led to big claims that run the risk of hype and disappointment down the line.

Experimentation 89

Experimentation Machine Learning Technology Modeling 89

CIO Business Intelligence

OCTOBER 5, 2023

Sandeep Davé knows the value of experimentation as well as anyone. As chief digital and technology officer at CBRE, Davé recognized early that the commercial real estate industry was ripe for AI and machine learning enhancements, and he and his team have tested countless use cases across the enterprise ever since.

Experimentation 114

Experimentation Strategy Machine Learning Interactive 114

CIO Business Intelligence

JULY 28, 2023

In addition to bottom-line benefits, employees are often inspired and motivated by innovation – seeking job opportunities that encourage experimentation and embrace new ideas. You want to have a cloud data platform that allows for fast set up and time to market, but it also needs to integrate with modern architecture.

IT 94

IT Experimentation Digital Transformation Marketing 94

Ontotext

APRIL 3, 2024

Nimit Mehta: I think that 2024 is going to be a buckle-down year, but, at the same time, we’ll see a rapid explosion of experimentation. Nimit Mehta : You are talking about the three big ones: cost, revenue, and risk. And, when you get to the top, it’s about risks and existential threats to the business. They are the best.”

Technology 59

Technology Risk Digital Transformation Measurement 59

CIO Business Intelligence

APRIL 14, 2023

But just like other emerging technologies, it doesn’t come without significant risks and challenges. According to a recent Salesforce survey of senior IT leaders , 79% of respondents believe the technology has the potential to be a security risk, 73% are concerned it could be biased, and 59% believe its outputs are inaccurate.

Risk 112

Risk Experimentation Marketing Risk Management 112

CIO Business Intelligence

AUGUST 30, 2023

But as organizations look to quickly leverage the power of emerging digital technologies for business growth, such an approach is falling short on expectations. To capitalize on the gains offered by digital technologies, CIOs are building technology portfolios by allocating diverse investments based on prospective risk, reward, and value.

Digital Transformation 91

Digital Transformation Experimentation ROI Risk 91

CIO Business Intelligence

MAY 1, 2024

For example, a quarter of IT decision-makers in Foundry’s 2023 AI Priorities Study are piloting gen AI technologies, but only 20% have moved on to deployment. Pilots can offer value beyond just experimentation, of course. But now organizations appear to be taking a more cautious approach when it comes to official deployments.

Cost-Benefit 135

Cost-Benefit Metrics Insurance Measurement 135

IBM Big Data Hub

MARCH 13, 2024

IBM at the B7 We are living in a watershed moment for AI: the European Parliament has just voted on the EU AI Act, which will regulate and govern the use and implications of this technology. But first, we must overcome barriers to adoption and build trust in this exciting technology.

Experimentation 74

Experimentation Risk Machine Learning Technology 74

CIO Business Intelligence

MARCH 7, 2023

But the faster transition often caused underperforming apps, greater security risks, higher costs, and fewer business outcomes, forcing IT to address these issues before starting app modernizations. CIOs should consider technologies that promote their hybrid working models to replace in-person meetings.

Digital Transformation 141

Digital Transformation Data Governance Experimentation Machine Learning 141

CIO Business Intelligence

JULY 7, 2023

As more individuals use browser-based apps to get their work done, IT leaders need to provide seamless access to corporate apps and tools while minimizing security risks. Zero Trust encompasses a variety of technologies and practices that IT teams can use to streamline access to information for authorized individuals.

Measurement 103

Measurement Risk Experimentation Enterprise 103

Data Science 101

OCTOBER 15, 2023

I’ve spent most of the year in airports and hotels and offices, meeting customers and government and industry, and attempting to best find the path of “science to technology to engineering to product”. That’s the challenge in a new industry, and it’s still somewhere between science and technology. Very early days. This is true.

Risk 107

Risk Marketing Consulting Technology 107

CIO Business Intelligence

OCTOBER 9, 2022

However, delay too long, and you also risk giving yourself an insurmountable technological handicap if uptake in your industry suddenly accelerates. The benefits of the experimentation and iterative progression Agile enables are never more apparent than when we’re exploring uncertain and dynamic environments. Agile Development

Cost-Benefit 123

Cost-Benefit Manufacturing Experimentation Risk 123

Cloudera

OCTOBER 18, 2023

In the ever-evolving landscape of the financial services Industry, change is a constant and transformation is a requirement — to stay at pace with new regulations, risk mitigation, and the technological developments that support transformation.

Cost-Benefit 78

Cost-Benefit Testing Machine Learning Optimization 78

IBM Big Data Hub

DECEMBER 4, 2023

The surge in adoption of generative AI is happening in organizations across every industry, and the generative AI market is projected to grow by 27.02% in the next 10 years according to Precedence Research. And the abundance of data available for training models has opened up vast possibilities for experimentation and learning.

Experimentation 64

Experimentation Modeling Metrics Machine Learning 64

CIO Business Intelligence

DECEMBER 7, 2023

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?

Insurance 59

Insurance Experimentation Finance Data Governance 59

O'Reilly on Data

MARCH 18, 2020

More than half of respondent organizations identify as “mature” adopters of AI technologies: that is, they’re using AI for analysis or in production. The sample is far from tech-laden, however: the only other explicit technology category—“Computers, Electronics, & Hardware”—accounts for less than 7% of the sample. But what kind?

Enterprise 307

Enterprise Deep Learning Data Governance Risk 307

CIO Business Intelligence

APRIL 15, 2024

Tax preparation company H&R Block is no stranger to AI and machine learning (ML), having leveraged the technologies across its business for years. No one wants to implement AI that has a high risk of bias,” he says. “We We’re looking across engineering, marketing, legal, you name it,” he says. “In

Testing 72

Testing Experimentation Data Quality Machine Learning 72

CIO Business Intelligence

AUGUST 1, 2023

As many CIOs prepare their 2024 budgets and digital transformation priorities, developing a strategy that seeks opportunities to evolve business models, targets near-term operational impacts, prioritizes where employees should experiment, and defines AI-related risk-mitigating plans is imperative.

Digital Transformation 96

Digital Transformation Unstructured Data Strategy Experimentation 96

IBM Big Data Hub

MAY 25, 2023

The Center of Excellence (CoE) already has more than 1,000 consultants with specialized generative AI expertise that are engaging with a global set of clients to drive productivity in IT operations and core business processes like HR or marketing, elevate their customer experiences and create new business models.

Consulting 101

Consulting Experimentation Machine Learning Modeling 101

Ontotext

JULY 6, 2023

Changing the game with knowledge graphs So how does knowledge graph technology help enterprises in the Financial Services Industry become data-driven? Let’s consider an example about risk and opportunity event detection. Market Sentiment Index The Market Sentiment Index use case is relatively new.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

CIO Business Intelligence

FEBRUARY 21, 2024

CIOs on university campuses across the country have an obligation, as technology leaders, to provide the tools and expertise that staff, administration, and professors require to help fulfill the potential of students, and the university itself. If you don’t know these tools, you’re at a disadvantage in the job market.”

Recreation/Entertainment 120

Recreation/Entertainment Experimentation Modeling Data-driven 120

CIO Business Intelligence

AUGUST 17, 2023

Generative AI is widely regarded as one of the great technology breakthroughs of our time. But, as with any big new wave, there is a risk of once-promising projects being washed up and there are clear and obvious concerns over governance, quality and security. But overall, we see this as a huge opportunity.

Risk 86

Risk Cost-Benefit Strategy Experimentation 86

Domino Data Lab

JANUARY 24, 2019

Before we get too far into 2019, I wanted to take a brief moment to reflect on some of the changes we’ve seen in the market. In 2018 we saw the “data science platform” market rapidly crystallize into three distinct product segments. Reflections. The three segments that have crystallized are: Automation tools. Closing thoughts.

Data Science 65

Data Science Marketing Data-driven Statistics 65

CIO Business Intelligence

SEPTEMBER 27, 2023

And while many CIOs might have a fairly solid understanding of the technology, putting it into actual use at scale is something else entirely. As with any other significant technology rollout, it’s generally better to walk before running. Gen AI is a relatively new tool for organizations and individual users.

Strategy 118

Strategy Risk Data-driven Modeling 118

CIO Business Intelligence

FEBRUARY 22, 2024

With the aim to accelerate innovation and transform its digital infrastructures and services, Ferrovial created its Digital Hub to serve as a meeting point where research and experimentation with digital strategies could, for example, provide new sources of income and improve company operations.

IT 89

IT Digital Transformation IoT Cost-Benefit 89

DataRobot Blog

NOVEMBER 15, 2022

A packed keynote session showed how repeatable workflows and flexible technology get more models into production. At the event, a financial services panel discussion shared why iteration and experimentation are critical in an AI-driven data science environment. Financial Services leaders understand the importance of speed and safety.

Big Data 52

Big Data Experimentation Data-driven Machine Learning 52

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 129

Risk Manufacturing Enterprise Technology 129

CIO Business Intelligence

AUGUST 25, 2023

With every new claim that AI will be the biggest technological breakthrough since the internet, CIOs feel the pressure mount. Your journey will be fruitful only to the extent that you can instill in those with whom you go to market a digital fluency and a confidence in your ecosystem. Next, examine the market. AI never sleeps.

Strategy 85

Strategy Data Strategy Experimentation Uncertainty 85

CIO Business Intelligence

MARCH 5, 2024

Many other platforms, such as Coveo’s Relative Generative Answering , Quickbase AI , and LaunchDarkly’s Product Experimentation , have embedded virtual assistant capabilities but don’t brand them copilots. As copilot technology capabilities are changing rapidly, leaders should frequently identify metrics and evaluate strategies.

Cost-Benefit 107

Cost-Benefit Advertising Experimentation Software 107

CIO Business Intelligence

JULY 27, 2023

Soon after ChatGPT burst on the scene in November 2022, Chan realized generative AI would amount to far more than the just the latest technology flash-in-the-pan. If we don’t do anything about it, they will have no choice but to use it on their own,” says Chan, CIO of Avnet, a technology parts and services provider.

IT 81

IT Insurance Strategy Risk 81

IBM Big Data Hub

APRIL 18, 2024

This is the potential of artificial general intelligence (AGI), a hypothetical technology that may be poised to revolutionize nearly every aspect of human life and work. However, if AGI development uses similar building blocks as narrow AI, some existing tools and technologies will likely be crucial for adoption.

Cost-Benefit 91

Cost-Benefit Modeling Manufacturing Interactive 91