February, 2024

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Semantic Layers are the Missing Piece for AI-Enabled Analytics

KDnuggets

Integrating a semantic layer with Language Learning Models (LLMs) presents a clean solution to this, particularly in the realm of AI chatbots. This combination empowers businesses to generate fast responses and reports based on their data. Leveraging AI and semantic layers is advancing business intelligence, making it easier than ever for people to interact with data.

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LinkedIn’s New AI Chatbot Wants to Help You Find a Job

Analytics Vidhya

LinkedIn, the professional networking platform, is harnessing the power of artificial intelligence (AI) to redefine the job search experience and streamline networking efforts. With new AI-powered features, LinkedIn aims to offer personalized assistance to users navigating the competitive job market and seeking to expand their professional connections.

Marketing 376
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CIOs rethink all-in cloud strategies

CIO Business Intelligence

After years of marching to the cloud migration drumbeat, CIOs are increasingly becoming circumspect about the cloud-first mantra, catching on to the need to turn some workloads away from the public cloud to platforms where they will run more productively, more efficiently, and cheaper. “‘Cloud exit’ became a big theme in 2023 and there’s good odds it’ll turn into a real trend for 2024.

Strategy 135
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Generative AI use cases for the enterprise

IBM Big Data Hub

Remember how cool it felt when you first held a smartphone in your hand? The compact design and touch-based interactivity seemed like a leap into the future. Before long, smartphones became a way of life for organizations worldwide because of all they offer for business productivity and communication. Generative AI ( artificial intelligence ) promises a similar leap in productivity and the emergence of new modes of working and creating.

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Driving Business Impact for PMs

Speaker: Jon Harmer, Product Manager for Google Cloud

Move from feature factory to customer outcomes and drive impact in your business! This session will provide you with a comprehensive set of tools to help you develop impactful products by shifting from output-based thinking to outcome-based thinking. You will deepen your understanding of your customers and their needs as well as identifying and de-risking the different kinds of hypotheses built into your roadmap.

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Combine transactional, streaming, and third-party data on Amazon Redshift for financial services

AWS Big Data

Financial services customers are using data from different sources that originate at different frequencies, which includes real time, batch, and archived datasets. Additionally, they need streaming architectures to handle growing trade volumes, market volatility, and regulatory demands. The following are some of the key business use cases that highlight this need: Trade reporting – Since the global financial crisis of 2007–2008, regulators have increased their demands and scrutiny on regulatory

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Documenting Critical Data Elements

TDAN

Many Data Governance or Data Quality programs focus on “critical data elements,” but what are they and what are some key features to document for them? A critical data element is any data element in your organization that has a high impact on your organization’s ability to execute its business strategy.

More Trending

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Microsoft Reveals How Hackers Are Using GenAI Tools

Analytics Vidhya

Microsoft, in collaboration with OpenAI, has revealed a concerning trend in the realm of cybersecurity: the utilization of generative artificial intelligence (GenAI) by hostile states for offensive cyber operations. Highlighting the involvement of countries such as Iran, North Korea, Russia, and China, Microsoft sheds light on the evolving landscape of cyber warfare.

Analytics 362
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Prioritizing AI? Don’t shortchange IT fundamentals

CIO Business Intelligence

Generative AI continues to dominate IT projects for many organizations, with two thirds of business leaders telling a Harris Poll they’ve already deployed generative AI tools internally, and IDC predicting spend on gen AI will more than double in 2024. But the usual laundry list of priorities for IT hasn’t gone away. Fundamentals like security, cost control, identity management, container sprawl, data management, and hardware refreshes remain key strategic areas for CIOs to deal with.

IT 143
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How Meta’s Llama 3 will impact the future of AI

IBM Big Data Hub

In January of 2024, Meta CEO Mark Zuckerberg announced in an Instagram video that Meta AI had recently begun training Llama 3. This latest generation of the LLaMa family of large language models (LLMs) follows the Llama 1 models (originally stylized as “LLaMA”) released in February 2023 and Llama 2 models released in July. Though specific details (like model sizes or multimodal capabilities) have not yet been announced, Zuckerberg indicated Meta’s intent to continue to open sou

Modeling 104
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Climate Change investment needs more than hot air from politicians

Jen Stirrup

Like many people, I care about the environment and the climate crisis. At the time of writing, the UK Labour Party is expected to announce that it would no longer spend £28bn a year on environmental projects if it won the upcoming general election. They are still talking about a £28bn figure, but are moving towards this figure coming from private investment but have no clear plan on how to obtain it.

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Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

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7 Reasons Dataiku Is the Trusted Source for Modern Analytics

Dataiku

In my prior post , I shared the seven reasons analytics and IT leaders should upgrade to a modern, cloud-native analytics platform. In short, the world has changed, and teams must collaborate and take advantage of the latest cloud and AI technology in a safe and governed environment to create production projects that will generate value for their business.

Analytics 111
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A Roadmap For Your Data Career

KDnuggets

As you design your career in data, you’ve got to avoid getting stuck in your comfort zone or allowing your manager or current situation to determine your path.

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Understanding the Python Global Interpreter Lock (GIL)

Analytics Vidhya

Introduction Python is a popular programming language known for its simplicity and versatility. However, it has a unique feature called the Global Interpreter Lock (GIL) that sets it apart from other languages. In this article, we will delve into the details of the GIL, its purpose, and its impact on Python’s performance. What is the […] The post Understanding the Python Global Interpreter Lock (GIL) appeared first on Analytics Vidhya.

Analytics 336
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IT leaders turn to HBCUs for future IT talent

CIO Business Intelligence

Officials at the North Carolina Department of Information Technology found themselves in a position familiar to most IT organizations: aware of the need to do more to attract IT workers given that they — like most employers — faced fierce competition for talent. They also believed they needed to take more responsibility for increasing the diversity of workers in their IT ranks.

IT 137
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Entity Resolution Checklist: What to Consider When Evaluating Options

Are you trying to decide which entity resolution capabilities you need? It can be confusing to determine which features are most important for your project. And sometimes key features are overlooked. Get the Entity Resolution Evaluation Checklist to make sure you’ve thought of everything to make your project a success! The list was created by Senzing’s team of leading entity resolution experts, based on their real-world experience.

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Conversational AI use cases for enterprises

IBM Big Data Hub

Today, people don’t just prefer instant communication; they expect it. Conversational artificial intelligence (AI) leads the charge in breaking down barriers between businesses and their audiences. This class of AI-based tools, including chatbots and virtual assistants, enables seamless, human-like and personalized exchanges. Beyond the simplistic chat bubble of conversational AI lies a complex blend of technologies, with natural language processing (NLP) taking center stage.

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Chart Snapshot: Change Bar Charts

The Data Visualisation Catalogue

Also known as an Arrow Plot, Arrow Chart, Change Graph, Difference Graph , or Arrow Bar Chart. A Change Bar Chart is a visualisation that compares multiple categories at two distinct points in time or between different conditions. This type of graph plots a pair of values and connects them for each factor at the start or end time points or between conditions with a bar or line.

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Why You’re Not Ready for Knowledge Graphs!

Ontotext

In the UK, there’s an old saying “Don’t wear your coat indoors, or you won’t feel the benefit when you go out”. In the same way, it’s good to know what you need to have in place to feel all the benefits knowledge graphs can bring. Based on our experience, we’ve found that there are some common stumbling blocks. Let’s have a look at those. Why You need to make sure the people in your organization know the why of the knowledge graph project.

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Python in Finance: Real Time Data Streaming within Jupyter Notebook

KDnuggets

Learn a modern approach to stream real-time data in Jupyter Notebook. This guide covers dynamic visualizations, a Python for quant finance use case, and Bollinger Bands analysis with live data.

Finance 112
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Strategic CX: A Deep Dive into Voice of the Customer Insights for Clarity

Speaker: Nicholas Zeisler, CX Strategist & Fractional CXO

The first step in a successful Customer Experience endeavor (or for that matter, any business proposition) is to find out what’s wrong. If you can’t identify it, you can’t fix it! 💡 That’s where the Voice of the Customer (VoC) comes in. Today, far too many brands do VoC simply because that’s what they think they’re supposed to do; that’s what all their competitors do.

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Top Data Science Specializations for 2024

Analytics Vidhya

Introduction Data Science is everywhere in the 21st century and has emerged as an innovative field. But what exactly is Data Science? And why should one consider specializing in it? This blog post aims to answer these questions and more. Data Science is a multidisciplinary field that uses scientific methods, processes, algorithms, and systems to […] The post Top Data Science Specializations for 2024 appeared first on Analytics Vidhya.

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SAP names Philipp Herzig as chief artificial intelligence officer

CIO Business Intelligence

SAP is reorganizing its AI activities. Philipp Herzig, formerly head of cross-product engineering and experience, now leads a new “end-to-end growth area” focused on AI as the company’s chief artificial intelligence officer (CAIO). Herzig now reports directly to CEO Christian Klein, and will oversee the entire value chain for SAP business AI from research and product development through to implementation at the customer.

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Use Amazon OpenSearch Ingestion to migrate to Amazon OpenSearch Serverless

AWS Big Data

Amazon OpenSearch Serverless is an on-demand auto scaling configuration for Amazon OpenSearch Service. Since its release, the interest for OpenSearch Serverless had been steadily growing. Customers prefer to let the service manage its capacity automatically rather than having to manually provision capacity. Until now, customers have had to rely on using custom code or third-party solutions to move the data between provisioned OpenSearch Service domains and OpenSearch Serverless.

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The Art of Lean Governance: Addressing the Elephant in the Room

TDAN

Hands down one of the most frequent observations when walking the data factory at different clients is the excessive use of spreadsheets for data collection and purification. These spreadsheets are part of a critical data enrichment process for getting reports out the door on time.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Operationalizing responsible AI principles for defense

IBM Big Data Hub

Artificial intelligence (AI) is transforming society, including the very character of national security. Recognizing this, the Department of Defense (DoD) launched the Joint Artificial Intelligence Center (JAIC) in 2019, the predecessor to the Chief Digital and Artificial Intelligence Office (CDAO), to develop AI solutions that build competitive military advantage, conditions for human-centric AI adoption, and the agility of DoD operations.

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University of Cincinnati MS Business Analytics Summer 2024 Information Session

KDnuggets

Don't miss this chance to chart your course toward a successful career in business analytics. Reserve your spot now and embark on a journey of knowledge and growth!

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Top 7 Strategies to Mitigate Hallucinations in LLMs

Analytics Vidhya

The introduction of Large Language Models (LLMs) has brought in a significant paradigm shift in artificial intelligence (AI) and machine learning (ML) fields. With their remarkable advancements, LLMs can now generate content on diverse topics, address complex inquiries, and substantially enhance user satisfaction. However, alongside their progression, a new challenge has surfaced: Hallucinations.

Strategy 301
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5 key metrics for IT success

CIO Business Intelligence

IT leaders are drowning in metrics, with many finding themselves up to their KPIs in a seemingly bottomless pool of measurement tools. The result is wasted time, confusion, and, in some cases, conflicting insights. There are several important metrics that can be used to achieve IT success, says Jonathan Nikols, senior vice president of global enterprise sales for the Americas at Verizon.

Metrics 139
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Addressing Top Enterprise Challenges in Generative AI with DataRobot

The buzz around generative AI shows no sign of abating in the foreseeable future. Enterprise interest in the technology is high, and the market is expected to gain momentum as organizations move from prototypes to actual project deployments. Ultimately, the market will demand an extensive ecosystem, and tools will need to streamline data and model utilization and management across multiple environments.

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Health Care Outside of the Box

Cloudera

How enterprise-grade data management creates better and more efficient care. In the last few years, the acceptance of telehealth has become more widespread as patients and providers found they could maintain continuity through phone and video collaboration, instead of in-person visits. In many cases, a level of care that once required a drive to the clinic or hospital could be delivered over a mobile phone or laptop, with no travel and no waiting room.

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Climate Change and the need to look back as well as forward

Jen Stirrup

Climate change initiatives must combat existing issues and prevent future climate problems. One worrying issue is that it is not enough to look at the alleviation of future climate damage; we also need to look at ways to fix the damage that has already occurred, as well as look at the economic viability of options so that there will be a strong incentive for businesses to switch from petrochemical sources to alternatives.

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Reducing defects and downtime with AI-enabled automated inspections

IBM Big Data Hub

A large, multinational automobile manufacturer responsible for producing millions of vehicles annually, engaged with IBM to streamline their manufacturing processes with seamless, automated inspections driven by real-time data and artificial intelligence (AI). As an automobile manufacturer, our client has an inherent duty to provide high-quality products.

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8 Built-in Python Decorators to Write Elegant Code

KDnuggets

Developers can modify a function's behavior using decorators, without changing its source code. This provides a concise and flexible way to enhance and extend the functionality of functions.

IT 102
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The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data and AI

Speaker: Aindra Misra, Sr. Staff Product Manager of Data & AI at BILL (Previously PM Lead at Twitter/X)

Embark on a transformation journey into the heart of the data ecosystem! This webinar is your gateway to a deeper comprehension of the foundations that drive the data industry and will equip you with the knowledge needed to navigate the evolving landscape. Delve into the diverse use cases where data analytics plays a pivotal role. We’ll explore how these applications are transforming with the introduction of Gen AI, and discuss the anticipated use cases for 2024 and beyond.