DataRobot Blog

SEPTEMBER 1, 2022

The latest McKinsey Global Survey on AI proves that AI adoption continues to grow and that the benefits remain significant. But in the COVID-19 pandemic’s first year, many felt more strongly about the cost-savings front than the top line. Your model was accurate yesterday, but what about today? How can I get a better model fast?

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Metrics Statistics Modeling Data Science 145

CIO Business Intelligence

MARCH 13, 2024

So it’s no surprise that companies continue to heavily invest in it since the release of Dall-E 2 and ChatGPT in late 2022, where they expect to see the greatest value in increased productivity, with some estimates showing improvements of 5% or more over the next 12 months, and headcounts to reduce by at least 5% as well. for every $1 spent.

IT 128

IT Consulting Testing Cost-Benefit 128

IBM Big Data Hub

JULY 19, 2023

The industry is under tremendous pressure to accelerate drug development at an optimal cost, automate time- and labor-intensive tasks like document or report creation to preserve employee morale, and accelerate delivery. Code creation: Code co-pilot, code conversion, create technical documentation, test cases and more.

Consulting 59

Consulting Machine Learning Manufacturing Optimization 59

CIO Business Intelligence

SEPTEMBER 21, 2023

Today’s foundational models are jacks-of-all-trades. With a pre-trained model, you can bring it into HR, finance, IT, customer service—all of us are touched by it.” It doesn’t matter how accurate an AI model is, or how much benefit it’ll bring to a company if the intended users refuse to have anything to do with it.

Enterprise 130

Enterprise Consulting Modeling Cost-Benefit 130

CIO Business Intelligence

NOVEMBER 23, 2022

Unlike other frameworks, EA doesn’t include a formal documentation structure; instead, it’s intended to offer a more holistic view of the enterprise. Bizzdesigns asked respondents what IT benefits their EA program currently delivers and the top response was improved IT investment decisions.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

CIO Business Intelligence

OCTOBER 31, 2022

We agreed multi-cloud solutions meet this need, ultimately improving performance and strengthening resilience at a lower cost. Each of Broadcom and VMware may also file other relevant documents with the SEC regarding the proposed transaction. VMware develops technology for the future and addresses a growing market.

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Uncertainty Risk Reporting Marketing 97

IBM Big Data Hub

MAY 26, 2023

Leading life science companies are leveraging cloud for innovation around operational, revenue and business models. Leading life sciences companies are discovering the power of cloud in enabling analytics and artificial intelligence (AI) , shrinking innovation cycles, and standardizing processes across global operations, among other benefits.

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Consulting Cost-Benefit Optimization Machine Learning 73

CIO Business Intelligence

JANUARY 5, 2023

Here are some examples of how IT pros are using low code/no code tools to deliver benefits beyond just reducing the workload on professional developers. Without low code, which allows him to test new features at 10 to 15% of the cost of traditional development, “we couldn’t afford all the experiments we’re doing,” he says. “If

IT 130

IT Cost-Benefit Testing Dashboards 130

CIO Business Intelligence

AUGUST 22, 2023

But digital transformation remains a vital endeavor for today’s enterprise as it is about evolving the business and operating model and not just about modernizing technologies. Product leaders define the opportunity and problem statement, while delivery leaders establish the solution’s architecture, execution plan, and support model.

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Digital Transformation Data-driven Cost-Benefit Strategy 98

CIO Business Intelligence

FEBRUARY 24, 2023

VMware Tanzu Labs partners with organizations worldwide to accelerate the delivery of software and modernize legacy apps, while reducing operating costs and risk working side by side with customers to build capabilities, transfer skills and knowledge, and instill a process that shows immediate and lasting impact. government.

Software 119

Software Uncertainty Risk Cost-Benefit 119

IBM Big Data Hub

JUNE 2, 2023

improved document management capabilities, web portals, mobile applications, data warehouses, enhanced location services, etc.) AWS has the biggest cloud infrastructure services vendor market share worldwide, averaging around 33% as of Q4 2022. In 2022, IBM Consulting leveraged AIMM and worked with another major U.S.

Consulting 79

Consulting Cost-Benefit Technology ROI 79

CIO Business Intelligence

APRIL 5, 2023

The pandemic of 2020 forced the rest of the world to move knowledge workers out of the office into fully or partially remote work models. Employers benefitted too, releasing some of their real estate for savings on facility costs and reducing travel expenses. We’re settling on a hybrid model of digital work.

Cost-Benefit 116

Cost-Benefit Metrics Measurement Digital Transformation 116

CIO Business Intelligence

FEBRUARY 13, 2023

Multi-cloud, however, is not just mission-effective, but cost-effective as well, allowing federal agencies the freedom to shop around to determine the best and most transparent fit for their own environments. This means future IT and data management models will take a hybrid approach. Securities Act of 1933, as amended.

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IT Uncertainty Sales Risk 59

Cloudera

SEPTEMBER 20, 2022

My hope is that this document spurs a conversation among a diverse group, and that the results of that conversation may be incorporated into a document yet to be authored. Scope, motivation, and benefits. The benefit of this task is to lower the labor and skill burden in generating images of a desired quality.

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Deep Learning Cost-Benefit Risk Data-driven 86

CIO Business Intelligence

JANUARY 9, 2024

IT leaders say they’re discussing everything from the costs of AI implementations to whether AI is the existential threat to humanity some fear. ChatGPT caused quite a stir after it launched in late 2022, with people clamoring to put the new tech to the test. Which business cases actually need AI?

IT 140

IT Risk Cost-Benefit Enterprise 140

CIO Business Intelligence

AUGUST 17, 2023

The state of play The storied UK IT chief Paul Coby, now CIO of family property developer Persimmon Homes, has seen many trends come and go but he is bullish on generative AI, even though it only made its first appearance in November 2022. “I That said, I believe once these barriers are overcome, benefits-led implementation will be swift.”

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Risk Cost-Benefit Strategy Experimentation 98

CIO Business Intelligence

JULY 31, 2023

The adoption curve here is by no means gradual, with most enterprise leaders quickly working to harness the technology’s potential mere months after the November 2022 launch of gen AI tool ChatGPT kicked off a wave of enthusiasm (and worry). How has, say, ChatGPT hit your business model?” How is your business impacted by generative AI?

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Strategy Risk Enterprise Risk Management 98

CIO Business Intelligence

JUNE 12, 2024

To help alleviate the complexity and extract insights, the foundation, using different AI models, is building an analytics layer on top of this database, having partnered with DataBricks and DataRobot. Some of the models are traditional machine learning (ML), and some, LaRovere says, are gen AI, including the new multi-modal advances.

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Modeling Testing Cost-Benefit IT 140

O'Reilly on Data

NOVEMBER 28, 2023

And everyone has opinions about how these language models and art generation programs are going to change the nature of work, usher in the singularity, or perhaps even doom the human race. 16% of respondents working with AI are using open source models. 54% of AI users expect AI’s biggest benefit will be greater productivity.

Enterprise 271

Enterprise Modeling Testing Reporting 271

Smart Data Collective

DECEMBER 22, 2021

Businesses Must Use the Right Applications to Facilitate their Big Data Strategy in 2022. With the advent of computers and the Internet, businesses have moved away from on-paper communication and documentation, but managing digital documentation is challenging for companies. Benefits of Bespoke Business Software.

Data-driven 89

Data-driven Big Data Cost-Benefit Software 89

CIO Business Intelligence

AUGUST 8, 2023

billion through this model, which enhances efficiency and slashes labor costs by reducing the number of touchpoints. And when telecom providers announced they would end support for 3G-based devices in early 2022, PFNA soon found its direct-to-store business in the balance, as Intermec devices cannot be upgraded beyond 3G.

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Modeling IT Sales Cost-Benefit 98

Andrew White

JANUARY 9, 2022

On Thursday January 6th I hosted Gartner’s 2022 Leadership Vision for Data and Analytics webinar. Which trends do you see for 2022 in AI & ML technology and tools and tool capabilities? We will publish a new Top Trends for D&A for 2022 in a couple of months. The last item should be updated in 2022.

Analytics 64

Analytics Measurement Modeling Data-driven 64

CIO Business Intelligence

MAY 28, 2022

Eight years ago, McGlennon hosted an off-site think tank with his staff and came up with a “technology manifesto document” that defined in those early days the importance of exploiting cloud-based services, becoming more agile, and instituting cultural changes to drive the company’s digital transformation.

Insurance 145

Insurance Machine Learning Digital Transformation Cost-Benefit 145

IBM Big Data Hub

OCTOBER 12, 2023

The tasks behind efficient, responsible AI lifecycle management The continuous application of AI and the ability to benefit from its ongoing use require the persistent management of a dynamic and intricate AI lifecycle—and doing so efficiently and responsibly. Here’s what’s involved in making that happen.

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Cost-Benefit Metadata Data Governance Modeling 76

datapine

DECEMBER 11, 2019

billion by 2022—a level of growth that will shape SaaS trends in 2020. SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. 2019 was a breakthrough year for the SaaS world in many ways.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

CIO Business Intelligence

MAY 27, 2022

Eight years ago, McGlennon hosted an off-site think tank with his staff and came up with a “technology manifesto document” that defined in those early days the importance of exploiting cloud-based services, becoming more agile, and instituting cultural changes to drive the company’s digital transformation.

Insurance 98

Insurance Machine Learning Digital Transformation Cost-Benefit 98

IBM Big Data Hub

FEBRUARY 6, 2024

Today, these three cloud architecture models are not mutually exclusive; instead, they work in concert to create a hybrid multicloud—an IT infrastructure model that uses a mix of computing environments (e.g., on-premises, private cloud, public cloud, edge) with public cloud services from more than one provider.

Cost-Benefit 98

Cost-Benefit Digital Transformation Software Modeling 98

AWS Big Data

JUNE 21, 2023

Among them are the use of embedding models, a type of model that can encode a large body of data into an n-dimensional space where each entity is encoded into a vector, a data point in that space, and organized such that similar entities are closer together. An embedding model, for instance, could encode the semantics of a corpus.

Metrics 75

Metrics Measurement Modeling Dashboards 75

O'Reilly on Data

FEBRUARY 20, 2024

Since its release in November 2022, almost everyone involved with technology has experimented with ChatGPT: students, faculty, and professionals in almost every discipline. Interest and usage have increased as OpenAI has released more capable versions of its language model: GPT-3.5

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Insurance Modeling Technology Reporting 181

CIO Business Intelligence

AUGUST 1, 2023

In September 2022, Ofcom announced plans to study cloud service providers’ business methods, particularly as they relate to the provision of infrastructure as a service (which it defines as raw computing, storage, and networking resources) and platform as a service (tools to develop, test, run, and manage applications).

Cost-Benefit 52

Cost-Benefit Marketing Reporting Enterprise 52

IBM Big Data Hub

JULY 28, 2023

X-Force also found that the number of new vulnerabilities increases every year, with 23,964 recorded in 2022 alone. The vulnerability management lifecycle offers a formal model for effective vulnerability management programs in an ever-changing cyberthreat landscape. All of these findings help inform the next round of the lifecycle.

Management 64

Management Metrics Risk Measurement 64

AWS Big Data

JUNE 9, 2023

A modern data architecture enables companies to ingest virtually any type of data through automated pipelines into a data lake, which provides highly durable and cost-effective object storage at petabyte or exabyte scale. For updates, previous versions of the old values of a record may be retained until a similar process is run.

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Data Lake Metadata Optimization Statistics 109

BI-Survey

FEBRUARY 23, 2023

Ultimately, it is the people in the company who have to change their behavior and mindset in order to benefit from the ever-increasing amount of data available to them. Global survey This study was based on the findings of a worldwide online survey conducted in July and August 2022. This is not a sprint but a marathon.

Metadata 52

Metadata Data-driven Data Strategy Strategy 52

CIO Business Intelligence

DECEMBER 19, 2022

An underwriting infrastructure will allow us to leverage information, available across these wide sets of customers, by feeding it into certain projection models that will enable us to take credit decisions at scale. Unlike salaried people in tier 1 cities, most people in smaller cities may be self-employed and engaged in small businesses.

Data Warehouse 116

Data Warehouse Finance Machine Learning Technology 116

IBM Big Data Hub

FEBRUARY 9, 2024

2022 was the year that generative artificial intelligence (AI) exploded into the public consciousness, and 2023 was the year it began to take root in the business world. DeepFloyd and Stable Diffusion have achieved relative parity with leading proprietary models.

Cost-Benefit 94

Cost-Benefit Modeling Data-driven Enterprise 94

Jet Global

SEPTEMBER 19, 2023

In fact, a recent Gartner report on cloud expenditure found that cross-industry cloud spend has risen from 8% as a percentage of total IT spend in 2018 to 16% in 2022. But the constant noise around the topic – from cost benefit analyses to sales pitches to technical overviews – has led to information overload.

Cost-Benefit 52

Cost-Benefit Data Warehouse Reporting Enterprise 52

Jet Global

JUNE 9, 2022

Angles for Oracle delivers a context-aware, process-rich business data model, with a library of 1,800 pre-built, no-code business reports, and a high-performance process analytics engine for Oracle Business Applications, including EBS and OCA. was released in the first quarter of 2022. Lightning-fast search functionality.

Operational Reporting 52

Operational Reporting Reporting Data Warehouse Cost-Benefit 52