May, 2023

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Chatbot Evolution: ChatGPT Vs. Rule-based

Analytics Vidhya

Introduction Chatbots have become an integral part of the digital landscape, revolutionizing the way businesses interact with their customers. From customer service to sales, virtual assistants to voice assistants, chatbot evolution has taken place in everyday lives and in the way companies communicate with their users. The technological capabilities of chatbots have improved over time, […] The post Chatbot Evolution: ChatGPT Vs.

Analytics 359
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10 Examples of How Big Data in Logistics Can Transform The Supply Chain

datapine

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. The complex and ever-evolving nature of logistics makes it an essential use case for big data applications. You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain.

Big Data 275
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CIOs seek efficiencies as uncertain economy looms

CIO Business Intelligence

Efficiency, always a top concern of IT leaders, is the subject of heightened focus in 2023, thanks to ongoing inflation and the threat of recession. Expenditures for cloud services in particular are coming under close scrutiny, at a time when cloud spending is nearly half of many IT budgets. “As more and more workloads migrate to the cloud, managing cloud expenses has become an important priority,” says Dilip Venkatachari, senior executive vice president and global chief information and technolo

ROI 144
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AI is Eating Data Science

KDnuggets

When it's all said and done, and AI has been universally recognized as our rightful overlords, the idea of data science as a standalone field will have been but a blip on our collective radar.

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The Executive Guide to Generative AI

Generative AI is taking the world by storm, but the questions that all CEOs, data leaders, and AI leaders are being asked are: What are we going to do about it, and what is our plan? The business and creative possibilities are practically limitless with generative AI. From productivity gains to finding new routes to revenue generation, generative AI is going to radically transform how we work.

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Introducing the technology behind watsonx.ai, IBM’s AI and data platform for enterprise

IBM Big Data Hub

We stand on the frontier of an AI revolution. Over the past decade, deep learning arose from a seismic collision of data availability and sheer compute power, enabling a host of impressive AI capabilities. But we’ve faced a paradoxical challenge: automation is labor intensive. It sounds like a joke, but it’s not, as anyone who has tried to solve business problems with AI may know.

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Peloton embraces Amazon Redshift to unlock the power of data during changing times

AWS Big Data

Credit: Phil Goldstein Jerry Wang, Peloton’s Director of Data Engineering (left), and Evy Kho, Peloton’s Manager of Subscription Analytics, discuss how the company has benefited from using Amazon Redshift. New York-based Peloton , which aims to help people around the world reach their fitness goals through its connected fitness equipment and subscription-based classes, saw booming growth in the early stage of the COVID-19 pandemic.

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How Does Microsoft Fabric Change the Enterprise BI Game?

Paul Turley

Microsoft Fabric (#MicrosoftFabric), the new Unified Analytics platform, was announced this morning, literally moments before the Build Conference. Satya made the official announcement in the keynote address. Why is this big news and why is it important? In a few words, this is the most significant expansion to the Power BI and the analytics platform since the product was introduced.

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Accelerating VMware’s growth

CIO Business Intelligence

By Hock Tan, Broadcom President & CEO Innovation comes in many forms. In Broadcom’s case, it has been through a combination of organic growth and growth through acquisition, which has created Broadcom today – a company built from a heritage of American technology pioneers such as AT&T Bell Labs and Hewlett Packard, among others. Broadcom has grown by building on the innovations of businesses with critical products, a strong track record, and significant long-term growth potential.

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Bard for Data Science Cheat Sheet

KDnuggets

Check out our latest cheat sheet to get you up to speed and provide a handy reference for using Google's LLM chat tool Bard for data science.

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Make SAP ERP deployments future-ready with IBM Cloud

IBM Big Data Hub

As we navigate an unstable economy, organizations across industries want to be “future-ready,” and that requires systems and processes that can continuously evolve in response to the marketplace demands. For customers who run their operations on SAP, this means modernizing to a cloud ERP platform that supports greater flexibility and agility.

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From Hadoop to Data Lakehouse

Getting off of Hadoop is a critical objective for organizations, with data executives well aware of the significant benefits of doing so. The problem is, there are few options available that minimize the risk to the business during the migration process and that’s one of the reasons why many organizations are still using Hadoop today. By migrating to the data lakehouse, you can get immediate benefits from day one using Dremio’s phased migration approach.

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What’s new with Amazon MWAA support for Apache Airflow version 2.4.3

AWS Big Data

Amazon Managed Workflows for Apache Airflow (Amazon MWAA) is a managed orchestration service for Apache Airflow that makes it simple to set up and operate end-to-end data pipelines in the cloud at scale. Amazon MWAA supports multiple versions of Apache Airflow (v1.10.12, v2.0.2, and v2.2.2). Earlier in 2023, we added support for Apache Airflow v2.4.3 so you can enjoy the same scalability, availability, security, and ease of management with Airflow’s most recent improvements.

Testing 117
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Top 10 AI Companies to Watch in 2023

Analytics Vidhya

The quest for the best AI companies heightens in the super-evolving terrain of artificial intelligence. The need for cutting-edge technology and ground-breaking innovation has risen dramatically as we progress through 2023. The top AI companies that succeed in their industry and offer the greatest AI software and solutions are avidly sought after by investors and […] The post Top 10 AI Companies to Watch in 2023 appeared first on Analytics Vidhya.

Analytics 308
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Cloud Advances Make Record Keeping Compliance Easier Than Ever

Smart Data Collective

The advent of the digital age introduced a novel conundrum for businesses, and it is adhering to stringent government regulations related to record-keeping. This challenge becomes particularly pronounced for companies that manage extensive reservoirs of data. However, cloud computing has revolutionized how enterprises manage their records and make it easier for businesses to comply.

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10 highest-paying IT skills for 2023

CIO Business Intelligence

Digital transformation is at the forefront of every modern business strategy, whether it’s adopting the cloud, improving and updating IT infrastructure, or developing data and analytics strategy to drive decision-making. Companies are interested in hiring seasoned pros who have a strong working knowledge of the skills they need to accomplish technology and business goals.

IT 145
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ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

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A Deep Dive into GPT Models: Evolution & Performance Comparison

KDnuggets

The blog focuses on GPT models, providing an in-depth understanding and analysis. It explains the three main components of GPT models: generative, pre-trained, and transformers.

Modeling 122
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IBM Consulting unveils Center of Excellence for generative AI

IBM Big Data Hub

IBM Consulting has established a Center of Excellence for generative AI. It stands alongside IBM Consulting’s existing global AI and Automation practice, which includes 21,000 data and AI consultants who have conducted over 40,000 enterprise client engagements. 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 H

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Amazon OpenSearch Service Under the Hood: Multi-AZ with Standby

AWS Big Data

Amazon OpenSearch Service recently announced Multi-AZ with Standby , a new deployment option for managed clusters that enables 99.99% availability and consistent performance for business-critical workloads. With Multi-AZ with Standby, clusters are resilient to infrastructure failures like hardware or networking failure. This option provides improved reliability and the added benefit of simplifying cluster configuration and management by enforcing best practices and reducing complexity.

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OpenAI’s New Tool Explains Behavior of Language Model At Every Neuron Level

Analytics Vidhya

In recent news, OpenAI has been working on a groundbreaking tool to interpret an AI model’s behavior at every neuron level. Large language models (LLMs) such as OpenAI’s ChatGPT are often called black boxes. Even data scientists have trouble explaining why a model responds in a particular manner, leading to inventing facts out of nowhere. […] The post OpenAI’s New Tool Explains Behavior of Language Model At Every Neuron Level appeared first on Analytics Vidhya.

Modeling 331
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The B2B Sales Leader's Guide for Any Economic Environment

When economic headwinds pick up, sales leaders are the first to sound the alarm — and chart a new course. Longer sales cycles, larger buying committees, increased price pressure, and smaller teams can quickly combine to reduce your margin for error and increase the urgency to find a solution. To thrive in a challenging environment, sales teams need a rock-solid grasp of the fundamentals and the biggest force-multipliers they can get their hands on.

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Cyber Attacks on Small Businesses: Understanding Risks and Prevention

Smart Data Collective

If you’re like most small business owners, cybersecurity is probably the last worry on your mind. Between growing a business and dealing with day-to-day tasks, it’s easy to let your cyber presence fade into the background of your thoughts. Unfortunately, as the world becomes more and more digital, cybersecurity risks are growing at a rapid pace. As a small business owner, this means that you and your business could be at risk of being attacked this very second.

Risk 109
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7 enterprise cloud strategy trends for 2023

CIO Business Intelligence

There’s no denying the fact that cloud technology is headed in many different directions, all aimed at providing rapid, scalable access to computing resources and IT services. Yet as cloud technology evolves, many organizations are becoming more thoughtful and intentional in their transformation journey as they look to close the gap between simply running on the cloud and creating enterprise-wide value, observes Cenk Ozdemir, cloud and digital leader at business consulting firm PwC.

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HuggingGPT: The Secret Weapon to Solve Complex AI Tasks

KDnuggets

Get ready to discover the next big thing in AI with HuggingGPT. Read this article to develop an understanding of how it works and how it handles complex AI tasks.

IT 138
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Introducing watsonx: The future of AI for business

IBM Big Data Hub

Today is a revolutionary moment for Artificial Intelligence (AI). After some impressive advances over the past decade, largely thanks to the techniques of Machine Learning (ML) and Deep Learning , the technology seems to have taken a sudden leap forward. Suddenly, everybody is talking about generative AI: sometimes with excitement, other times with anxiety.

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The Definitive Guide to Dashboard Design

Dashboard design can mean the difference between users excitedly embracing your product or ignoring it altogether. Great dashboards lead to richer user experiences and significant return on investment (ROI), while poorly designed dashboards distract users, suppress adoption, and can even tarnish your project or brand. That’s one of the many reasons we wrote The Definitive Guide to Dashboard Design—to help you avoid common pitfalls, including… Cramming too much onto one screen and expecting the u

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Build efficient, cross-Regional, I/O-intensive workloads with Dask on AWS

AWS Big Data

Welcome to the era of data. The sheer volume of data captured daily continues to grow, calling for platforms and solutions to evolve. Services such as Amazon Simple Storage Service (Amazon S3) offer a scalable solution that adapts yet remains cost-effective for growing datasets. The Amazon Sustainability Data Initiative (ASDI) uses the capabilities of Amazon S3 to provide a no-cost solution for you to store and share climate science workloads across the globe.

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How OpenAI Lost Half a Billion Dollars Due to ChatGPT?

Analytics Vidhya

Following claims of massive losses sustained in building their most recent product, ChatGPT, OpenAI, the AI research firm co-founded by tech titans like Elon Musk and Sam Altman, is making headlines. According to a recent story by The Information, the development of this technology apparently came at a high cost, with losses almost doubling to […] The post How OpenAI Lost Half a Billion Dollars Due to ChatGPT?

Analytics 334
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Making GPT More Accessible With Dataiku

Dataiku

We’ve previously explored what large language models (LLMs) are , how they can be used in an enterprise setting , and how the technology’s usefulness can be tested inside your organization. We’ve also delved into how ChatGPT and open source LLM technology can be leveraged in the Dataiku platform. In this blog article, we’re taking a closer look at our OpenAI GPT integration and how it makes GPT technology even more accessible with Dataiku.

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SAP takes steps toward ‘green ledger’ for carbon accounting

CIO Business Intelligence

SAP wants to give new meaning to the resources in enterprise resource planning, going beyond the boundaries of the enterprise and accounting for its impact on the whole planet. The software provider plans to do that by enhancing existing tools for estimating greenhouse gas emissions due to an enterprise’s activities, and adding capabilities for exchanging that data with partners, bringing it all together in a “green ledger” that will record the climate cost of doing business alongside the financ

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Connect, Care, Convert: Secrets to Establishing Trust with Niche Markets and Turning Them Into Clients

Speaker: Lynnette Khalfani-Cox, The Money Coach®

Niche markets represent a huge opportunity for the financial services industry in America. From college students and women to communities of color and low-to-moderate-income households, niche populations have specialized financial needs – but they often underutilize many valuable financial products and services. How can you better connect with these consumers?

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The Top AutoML Frameworks You Should Consider in 2023

KDnuggets

AutoML frameworks are powerful tool for data analysts and machine learning specialists that can automate data preprocessing, model selection, hyperparameter tuning, and even perform complex tasks like feature engineering.

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Accelerate your speed of business with IBM Event Automation

IBM Big Data Hub

Customer needs and market dynamics are constantly shifting from one moment to the next. There are thousands of business events flowing through every part of your organization every day. These events can provide a wealth of information about what’s actually happening across your business at any moment in time. Organizations that can capitalize on this continual stream of business intelligence can spot trends, issues and opportunities, address threats, and act quickly.

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How SOCAR handles large IoT data with Amazon MSK and Amazon ElastiCache for Redis

AWS Big Data

This is a guest blog post co-written with SangSu Park and JaeHong Ahn from SOCAR. As companies continue to expand their digital footprint, the importance of real-time data processing and analysis cannot be overstated. The ability to quickly measure and draw insights from data is critical in today’s business landscape, where rapid decision-making is key.

IoT 111
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10 Best Data Analytics Projects

Analytics Vidhya

Introduction Not a single day passes without us getting to hear the word “data.” It is almost as if our lives revolve around it. Don’t they? With something so profound in daily life, there should be an entire domain handling and utilizing it. This is precisely what happens in data analytics. People equipped with the […] The post 10 Best Data Analytics Projects appeared first on Analytics Vidhya.

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The Forrester Wave™: AI/ML Platforms: Vendor Strategy, Market Presence, and Capabilities Overview

As enterprises evolve their AI from pilot programs to an integral part of their tech strategy, the scope of AI expands from core data science teams to business, software development, enterprise architecture, and IT ops teams. Enterprises need a platform that can make broader AI teams more productive, implementing more complex use cases and harnessing the fast pace of new AI technologies.