April, 2023

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BNY Mellon banks on AI to improve master data

CIO Business Intelligence

Data about who owes how much to whom is at the core of any bank’s business. At Bank of New York Mellon, that focus on data shows up in the org chart too. Chief Data Officer Eric Hirschhorn reports directly to the bank’s CIO and head of engineering, Bridget Engle, who also oversees CIOs for each of the bank’s business lines. “It’s very purposeful because a lot of the opportunities for us around data require tight integration with our technology,” says Hirschhorn.

Software 127
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Make Better Decisions with Collaborative Analytics

David Menninger's Analyst Perspectives

In my perspective on decision intelligence , I lamented the fact that business intelligence technologies have left the rest of the exercise to the reader for too long. Making a decision is a process that involves many steps and many people. Decision-making is so complicated and divorced from day-to-day business processes that organizations have had to create entirely separate teams to focus on the analytics and data to support it.

Analytics 300
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Trending Sources

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Real World Programming with ChatGPT

O'Reilly on Data

This post is a brief commentary on Martin Fowler’s post, An Example of LLM Prompting for Programming. If all I do is get you to read that post, I’ve done my job. So go ahead–click the link, and come back here if you want. There’s a lot of excitement about how the GPT models and their successors will change programming. That excitement is merited. But what’s also clear is that the process of programming doesn’t become “ChatGPT, please build me an enterprise application to sell shoes.

Testing 327
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Data Visualization Best Practices & Resources for Effective Communication

KDnuggets

This article is meant to help you understand the art of data visualization and how to apply it to your work.

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Generative AI Deep Dive: Advancing from Proof of Concept to Production

Speaker: Maher Hanafi, VP of Engineering at Betterworks & Tony Karrer, CTO at Aggregage

Executive leaders and board members are pushing their teams to adopt Generative AI to gain a competitive edge, save money, and otherwise take advantage of the promise of this new era of artificial intelligence. There's no question that it is challenging to figure out where to focus and how to advance when it’s a new field that is evolving everyday. 💡 This new webinar featuring Maher Hanafi, VP of Engineering at Betterworks, will explore a practical framework to transform Generative AI pr

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Deep Learning for Image Segmentation with TensorFlow

Analytics Vidhya

Introduction Image segmentation is a task in computer vision that involves dividing a particular image into multiple segments where each segment represents an object or region in the image. This task is important for applications such as object detection, image recognition, and autonomous driving. TensorFlow is an open-source framework used for building and training machine […] The post Deep Learning for Image Segmentation with TensorFlow appeared first on Analytics Vidhya.

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Bot Experience Engineer Is the Sexiest Job of the Next 10 Years

Dataiku

Thirteen years ago, 14 months after Geoffrey Hinton’s seminal deep learning tech talk , Google Chief Economist Hal Varian said that statisticians would be the sexiest job in the next 10 years. He was right, although we call them data scientists rather than statisticians. A new foundational machine learning model — deep learning — created demand for a new role to train those models.

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How Smart Buildings Use Data to Help Businesses Cut Costs

Smart Data Collective

There are many ways businesses are using big data to make better decisions and operate more efficiently Organizations can use big data to optimize expenses and reduce costs. A modern data infrastructure can help get more value from data by accelerating decision making, simplifying operations, and powering analytics. One of the many ways big data is helping companies operate more cost-effectively is through the construction of smart buildings.

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How the BMW Group analyses semiconductor demand with AWS Glue

AWS Big Data

This is a guest post co-written by Maik Leuthold and Nick Harmening from BMW Group. The BMW Group is headquartered in Munich, Germany, where the company oversees 149,000 employees and manufactures cars and motorcycles in over 30 production sites across 15 countries. This multinational production strategy follows an even more international and extensive supplier network.

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Mastering Generative AI and Prompt Engineering: A Free eBook

KDnuggets

In short, generative AI — and the prompts that power them — are everywhere. But beyond the basics, what do you really know about either? Perhaps you would find a concise, focused ebook on the topics useful.

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Futurist Ray Kurzweil Claims Humans Will Achieve Immortality by 2030

Analytics Vidhya

“Immortality in Just 7 Years,” Predicts Ex-Google Engineer Ray Kurzweil, the man behind some of the most accurate predictions of our time, has made a jaw-dropping claim: “Humans will achieve immortality by 2030!” In a recent YouTube series, the Ex-Google engineer spoke of the incredible advancements in technology that will lead to eternal life.

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Leading the Development of Profitable and Sustainable Products

Speaker: Jason Tanner

While growth of software-enabled solutions generates momentum, growth alone is not enough to ensure sustainability. The probability of success dramatically improves with early planning for profitability. A sustainable business model contains a system of interrelated choices made not once but over time. Join this webinar for an iterative approach to ensuring solution, economic and relationship sustainability.

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ISO 20022: Are your payment systems ready?

IBM Big Data Hub

ISO 20022 is a global standard for financial messaging that aims to standardize electronic data interchange between financial institutions. It provides a structured way of exchanging data for financial transactions, including payments, securities and trade services. The International Organization for Standardization (ISO) developed the standard, which is being adopted by countries and financial institutions worldwide.

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Building a vision for real-time artificial intelligence

CIO Business Intelligence

By George Trujillo, Principal Data Strategist, DataStax I recently had a conversation with a senior executive who had just landed at a new organization. He had been trying to gather new data insights but was frustrated at how long it was taking. (Sound familiar?) After walking his executive team through the data hops, flows, integrations, and processing across different ingestion software, databases, and analytical platforms, they were shocked by the complexity of their current data architecture

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The Role of Data in Understanding Demographics for Effective Marketing

Smart Data Collective

In the past, large data sets about consumers were far more difficult to come by. For small businesses and agencies, this meant being at a significant disadvantage to larger businesses and corporations that could afford to conduct large-scale research. Today, however, this is far from the case and consumer data is more available than it ever has been before.

Marketing 126
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What does AI think is a good analogy for a Business Data Fabric?

Timo Elliott

Here’s an extract of a short conversation I recently had with GPT-4, illustrated with images from Midjourney. What is a good analogy to explain the concept of “data fabric”? A good analogy to explain the concept of “data fabric” is a city’s transportation system. In a city, there are various means of transportation (roads, trains, buses, bike lanes, and walking paths) that allow people to move between different areas.

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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A Guide to Top Natural Language Processing Libraries

KDnuggets

Natural Language Processing is one of the hottest areas of research. While NLP tasks may seem a bit complicated at first, they can be made easier by using the right tools. This article covers a list of the top 6 NLP Libraries that can save you time and effort.

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FreedomGPT: Personal, Bold and Uncensored Chatbot Running Locally on Your PC

Analytics Vidhya

Introducing FreedomGPT: The Unfiltered AI Powerhouse Freedom GPT is a groundbreaking open-source AI technology developed by Age of AI, an Austin-based AI venture capital firm. This state-of-the-art chatbot is programmed to recognize and prioritize ethical considerations without any censorship filter, unlike ChatGPT, which comes with censorship compliance and certain safety rules that prevent it from […] The post FreedomGPT: Personal, Bold and Uncensored Chatbot Running Locally on Your PC a

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How to Use Large Language Models in the Enterprise

Dataiku

Large language models (LLMs) are the technology behind popular products including OpenAI’s ChatGPT, Microsoft’s Bing, and Google’s Bard. Yet reports of employees leaking sensitive company data to ChatGPT raises major questions around properly leveraging LLMs in an enterprise setting.

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10 fastest growing US tech hubs for IT talent

CIO Business Intelligence

Tech salaries are on the rise thanks to a demand for talent across nearly every industry. Salaries increased 2.3% between 2021 and 2022, reaching an average tech salary of $111,348 per year, according to the 2023 Dice Tech Salary Report. Salaries vary by location, with the technologists reporting the highest average salaries of $144,962 per year in Silicon Valley, the original tech hub.

IT 134
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Get Better Network Graphs & Save Analysts Time

Many organizations today are unlocking the power of their data by using graph databases to feed downstream analytics, enahance visualizations, and more. Yet, when different graph nodes represent the same entity, graphs get messy. Watch this essential video with Senzing CEO Jeff Jonas on how adding entity resolution to a graph database condenses network graphs to improve analytics and save your analysts time.

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The Surprising Role of AI in Making PowerPoint Presentations

Smart Data Collective

We have talked extensively about the benefits of using AI technology in marketing. One benefit we haven’t covered has been the use of AI to create amazing PowerPoint presentations. AI Makes it Easier than Ever to Create Amazing PowerPoint Presentations and Convert them to More Usable File Types AI tools such as Designs.ai can help you create beautiful presentation slides and templates that use A.I. technology.

Sales 99
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What’s hard about AI? Operations!

Timo Elliott

What’s hard about #AI ? It’s not creating the models or doing the data science—it’s actually making it part of an operational process. You don’t have to take my word for it, here’s a quote from Gartner AI Expert Erick Brethenoux talking on a recent (and free!) web seminar “ Beyond the Hype: Enterprise Impact of ChatGPT and Generative AI “ “As an AI expert myself, I didn’t have enough appreciation for my colleagues that are downstream, doing all the

Data Lake 101
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LangChain 101: Build Your Own GPT-Powered Applications

KDnuggets

LangChain is a Python library that helps you build GPT-powered applications in minutes. Get started with LangChain by building a simple question-answering app.

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Meet AgentGPT, an AI That Can Create Chatbots, Automate Things, and More!

Analytics Vidhya

A fully autonomous AI agent called AgentGPT is gaining popularity in the field of generative AI models. Based on AutoGPT initiatives like ChaosGPT, this tool enables users to specify a name and an objective for the AI to accomplish by breaking it down into smaller tasks. AgentGPT is a no-code, browser-based solution that makes AI […] The post Meet AgentGPT, an AI That Can Create Chatbots, Automate Things, and More!

Modeling 363
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Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You Need to Know

Speaker: Timothy Chan, PhD., Head of Data Science

Are you ready to move beyond the basics and take a deep dive into the cutting-edge techniques that are reshaping the landscape of experimentation? 🌐 From Sequential Testing to Multi-Armed Bandits, Switchback Experiments to Stratified Sampling, Timothy Chan, Data Science Lead, is here to unravel the mysteries of these powerful methodologies that are revolutionizing how we approach testing.

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Generic orchestration framework for data warehousing workloads using Amazon Redshift RSQL

AWS Big Data

Tens of thousands of customers run business-critical workloads on Amazon Redshift , AWS’s fast, petabyte-scale cloud data warehouse delivering the best price-performance. With Amazon Redshift, you can query data across your data warehouse, operational data stores, and data lake using standard SQL. You can also integrate AWS services like Amazon EMR , Amazon Athena , Amazon SageMaker , AWS Glue , AWS Lake Formation , and Amazon Kinesis to take advantage of all of the analytic capabilities in the

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CIO Fletcher Previn on designing the future of work

CIO Business Intelligence

It has been three years since COVID sent us into remote work, and we now find ourselves with a new challenge: employees who have never met in person. The hybrid work paradigm has exposed the importance of getting in front of evolving changes in the way employees will work together in the future, accelerating IT leaders’ need not only to address the impact of hybrid work and sharpen their tech strategies to support it , but also to help shape the future workplace culture, in large part through e

Strategy 137
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Data Careers That Make a Positive Impact on the World

Smart Data Collective

Are you interested in a career in big data? As we said before, there are many careers you can go into with a degree in data science. The BLS reports that there are 113,000 data scientists in the country. That figure is growing by the year. Finding a career that you are passionate about is not an easy task in itself. Once you have finished school it is likely that your career will take up the majority of your life going forward – so it’s important to find the right one.

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Are LLMs Poised To Be A Great Business Intelligence Equalizer? Not Yet.

Boris Evelson

The generative AI boom is fundamentally changing the landscape of vendor offerings. We believe one largely ignored area where generative AI will have a disruptive impact is in enterprise analytics, specifically business intelligence (BI).

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Unveiling the Potential of CTGAN: Harnessing Generative AI for Synthetic Data

KDnuggets

CTGAN and other generative AI models can create synthetic tabular data for ML training, data augmentation, testing, privacy-preserving sharing, and more.

Testing 158
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Microsoft Releases VisualGPT: Combines Language and Visuals

Analytics Vidhya

As artificial intelligence (AI) continues to evolve, so do the capabilities of Large Language Models (LLMs). These models use machine learning algorithms to understand and generate human language, making it easier for humans to interact with machines. Microsoft Research Asia has taken this technology a step further by introducing VisualGPT. This AI model incorporates Visual […] The post Microsoft Releases VisualGPT: Combines Language and Visuals appeared first on Analytics Vidhya.

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How to Summarize Data using ChatGPT

Juice Analytics

We know that ChatGPT is remarkable at generating text. It is also a powerful tool for summarizing text. It can compress a long article down to the CliffsNotes version in an instant. How does it do with data? With some prompting guidance, I was able to teach ChatGPT an approach for summarizing a data table. Understanding what you are working with in data is often the first step before diving into analysis.

Metrics 97
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3 Ways Companies Will Double Down on Agent Experience in 2023

CIO Business Intelligence

The current state of the contact center agent is clear, but for those unaware or overlooking this opportunity for improvement: agent attrition rates currently hover around 40% , the cost of replacing just one agent is between $10k-$20k , and 97% of agents are sometimes or almost always burned out. Unengaged employees (undoubtedly including contact center agents) collectively cost $7.8 trillion in lost productivity, or about 11% of the global GDP.

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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.