CIO Business Intelligence

JUNE 7, 2024

American utility and power company AES launched a renewable energy program in mid-2022 that is not only reducing its carbon footprint but adding wealth to its coffer. The project, dubbed Farseer AI Generation Forecasting and Market Automation Program, was developed by a handful of AES data scientists in partnership with Google.

IT 128

IT Forecasting Machine Learning Modeling 128

CIO Business Intelligence

OCTOBER 4, 2022

Business leaders, recognizing the importance of elevated customer experiences, are looking to the CIO and their IT teams to help harness the power of data, predictive analytics, and cloud resources to create more engaging, seamless experiences for customers. Embed CX into your data strategy. Consider three key areas of focus: 1.

Data-driven 111

Data-driven Machine Learning Interactive Predictive Analytics 111

CIO Business Intelligence

JUNE 26, 2023

Transitioning to automated, data-driven processes is the best way for these companies to not only cope with change but also take advantage of it. Consumer banks can use digital interactions to gather more customer data and apply real-time analytics to expand services and speed up processes.

Data-driven 98

Data-driven Insurance Risk Risk Management 98

DataRobot Blog

DECEMBER 15, 2022

AI-powered Time Series Forecasting may be the most powerful aspect of machine learning available today. Working from datasets you already have, a Time Series Forecasting model can help you better understand seasonality and cyclical behavior and make future-facing decisions, such as reducing inventory or staff planning.

Forecasting 81

Forecasting Modeling ROI Machine Learning 81

CIO Business Intelligence

JUNE 2, 2022

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. in 2022 to $623 billion globally. Gartner highlights AI trend in banking.

Predictive Analytics 145

Predictive Analytics Technology Analytics Machine Learning 145

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. billion in 2022, according to a research study published by The Insight Partners in August 2022.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

DataRobot

JANUARY 20, 2022

The UK Government Health and Care Bill sets up Integrated Care Systems (ICSs) as legal entities from July 2022. The following is a summary list of the key data-related priorities facing ICSs during 2022 and how we believe the combined Snowflake & DataRobot AI Cloud Platform stack can empower the ICS teams to deliver on these priorities.

Data-driven 145

Data-driven Experimentation Predictive Modeling Data Warehouse 145

CIO Business Intelligence

JULY 10, 2024

The firm offers custom silicon solutions for consumer devices, data centers, artificial intelligence (AI), and edge computing applications, with clients in the automotive, telecommunications, and high-tech sectors. The potential upside for Accenture is large: Gartner forecasts the global semiconductor market will grow 16.8%

Consulting 111

Consulting Data-driven Forecasting Software 111

CIO Business Intelligence

NOVEMBER 14, 2022

Decision support systems definition A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. A DSS leverages a combination of raw data, documents, personal knowledge, and/or business models to help users make decisions.

Data mining 144

Data mining Data-driven Statistics OLAP 144

CIO Business Intelligence

DECEMBER 19, 2022

They want to know what role a combined Broadcom-VMware would play as governments increasingly recognize the power of data – economically, politically, and geo-politically – to drive local, national, and even multi-national economic development. Those rules are proliferating quickly.

Uncertainty 138

Uncertainty Risk Data-driven Reporting 138

CIO Business Intelligence

NOVEMBER 13, 2023

2 Dell Developing omnichannel omniscience requires edge data insights Now, more than ever, the edge is valuable territory for retailers. 3 The ability to perform real-time analytics and artificial intelligence (AI) on customer data at the point of creation enables hyper-personalized interactions at scale.

Cost-Benefit 131

Cost-Benefit Sales Data-driven Statistics 131

CIO Business Intelligence

MAY 28, 2024

From sophisticated cyberattacks targeting government entities to ransomware attacks on businesses, the threat landscape in the UAE is evolving rapidly, presenting significant challenges for CISOs tasked with safeguarding critical assets and data.

Strategy 131

Strategy IoT Risk Forecasting 131

CIO Business Intelligence

FEBRUARY 13, 2023

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). CIOs anticipate an increased focus on cybersecurity (70%), data analysis (55%), data privacy (55%), AI/machine learning (55%), and customer experience (53%).

IT 145

IT Insurance Machine Learning Marketing 145

Alation

DECEMBER 2, 2022

Data-driven decision-making (DDDM) is the process of using trusted data and insights to drive tactical business decisions that support key goals. Data analysts , scientists , stewards , engineers , and business leaders are just some of the core user groups for DDDM. By contrast, ignoring data leads to grave mistakes.

Data-driven 52

Data-driven Insurance Metadata ROI 52

CIO Business Intelligence

NOVEMBER 17, 2023

Turner helps drive that success by wearing two hats for the company: He oversees a product-driven organization that must develop and deliver innovative services out to hotel owners and guests continuously even as his teams continue to build out IHG’s internal technology stack and services. The company’s Speech AI managed more than 3.6

Forecasting 132

Forecasting Consulting Data-driven Business Objectives 132

CIO Business Intelligence

JUNE 30, 2022

First came those driven by cloud, mobile, and advanced security. But it also introduces a new set of challenges for the enterprise’s IT infrastructure, not least the need for more powerful tools to process workloads and data faster and more efficiently. That businesses are failing to capture the full value of their data.

IoT 98

IoT Forecasting Internet of Things Machine Learning 98

CIO Business Intelligence

JULY 5, 2022

First came those driven by cloud, mobile, and advanced security. But it also introduces a new set of challenges for the enterprise’s IT infrastructure, not least the need for more powerful tools to process workloads and data faster and more efficiently. That businesses are failing to capture the full value of their data.

IoT 98

IoT Forecasting Internet of Things Machine Learning 98

CIO Business Intelligence

MARCH 7, 2023

While digital initiatives and talent are the board directors’ top strategic business priorities in 2023-2024, IT spending is forecasted to grow by only 2.4% Tech companies have laid off over 250 thousand employees since 2022, and 93% of CEOs report preparing for a US recession over the next 12 to 18 months.

Digital Transformation 145

Digital Transformation Data Governance Machine Learning Experimentation 145

AWS Big Data

JUNE 14, 2023

The AWS Professional Services (ProServe) Insights team builds global operational data products that serve over 8,000 users within Amazon. In this post, we discuss how QuickSight has helped us improve our performance, democratize our data, and provide insights to our internal customers at scale.

Dashboards 104

Dashboards KPI Scorecard Metadata 104

AWS Big Data

OCTOBER 9, 2024

We also discuss a data-driven approach using a hackathon focused on cost optimization along with Apache Spark and Apache HBase configuration optimization. Background In early 2022, a business unit of a global financial services provider began their journey to migrate their customer solutions to AWS.

Optimization 128

Optimization Testing Data-driven Strategy 128

DataRobot Blog

JUNE 1, 2022

Join DataRobot and leading organizations June 7 and 8 at DataRobot AI Experience 2022 (AIX) , a unique virtual event that will help you rapidly unlock the power of AI for your most strategic business initiatives. DataRobot AIX has purpose-built content for business leads, data scientists, and IT leaders. Breakouts for Business Leads.

Machine Learning 119

Machine Learning Data-driven Risk Management Risk 119

DataRobot Blog

OCTOBER 18, 2022

Organizations are looking for AI platforms that drive efficiency, scalability, and best practices, trends that were very clear at Big Data & AI Toronto. DataRobot Booth at Big Data & AI Toronto 2022. Monitoring and Managing AI Projects with Model Observability.

Big Data 96

Big Data Forecasting Experimentation Machine Learning 96

Jedox

JANUARY 3, 2023

Even in a highly uncertain environment, organizations can adapt more easily by conducting more frequent financial forecasts, modeling multiple scenarios , integrating external data sources, and building closer collaboration between the business and FP&A teams. Integrated business planning creates more meaningful collaboration.

Uncertainty 83

Uncertainty Forecasting Finance Data-driven 83

CIO Business Intelligence

APRIL 26, 2023

In April 1972, entrepreneurs Dietmar Hopp, Hasso Plattner, Claus Wellenreuther, Klaus Tschira, and Hans-Werner Hector started an amazing innovation journey, which culminated in SAP’s 50th anniversary celebration in 2022. Together with our customers and partners, we are happy to celebrate the 10 th Anniversary of the SAP Innovation Awards.

Digital Transformation 98

Digital Transformation Forecasting Data-driven Publishing 98

CIO Business Intelligence

DECEMBER 15, 2023

Global spend on AI, including software, hardware, and services for AI-centric systems, is predicted to more than double between 2023 and 2026, according to the latest forecasts from IDC. In addition, Africa has only one data scientist for every 14 in the Global North, which means a deficiency of data science skills is a major hurdle, too.

Data-driven 122

Data-driven Forecasting Technology Data Science 122

Smart Data Collective

JANUARY 29, 2021

Another way in which businesses can reduce their expenses is by using smart data. Companies around the world are projected to spend $274 billion on big data by 2022. One of the reasons that the market is growing so rapidly is that smart data is improving the quality of data-driven business models.

Cost-Benefit 96

Cost-Benefit Data-driven Big Data Forecasting 96

DataRobot Blog

MAY 3, 2022

If you’ve ever driven through Texas or Florida during a rare Southern snowstorm, a few things quickly become cartoonishly obvious—your tyres matter, your driving matters, and your ability to navigate changing weather conditions really matters. As the Formula 1 Miami Grand Prix culminates on May 8, 2022, it’s not likely to be snowing.

Forecasting 105

Forecasting Strategy Data-driven Machine Learning 105

O'Reilly on Data

NOVEMBER 28, 2023

AI users say that AI programming (66%) and data analysis (59%) are the most needed skills. ChatGPT was opened to the public on November 30, 2022, roughly a year ago; the art generators, such as Stable Diffusion and DALL-E, are somewhat older. Few nonusers (2%) report that lack of data or data quality is an issue, and only 1.3%

Enterprise 342

Enterprise Testing Modeling Reporting 342

Jet Global

NOVEMBER 8, 2021

It’s about adapting to a rapidly changing world, using data-driven insights to assess the situation, understand the alternatives in front of you, and take the action necessary to win in an increasingly competitive global marketplace. If your organization is poised for finance transformation in 2022, insightsoftware can help.

Finance 52

Finance Predictive Analytics Reporting Uncertainty 52

CIO Business Intelligence

JULY 10, 2024

CIOs are under pressure to integrate generative AI into business operations and products, often driven by the demand to meet business and board expectations swiftly. Samsung employees leaked proprietary data to ChatGPT. We examine the risks of rapid GenAI implementation and explain how to manage it.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

CIO Business Intelligence

OCTOBER 24, 2024

Generative artificial intelligence (genAI) is the latest milestone in the “AAA” journey, which began with the automation of the mundane, lead to augmentation — mostly machine-driven but lately also expanding into human augmentation — and has built up to artificial intelligence. Artificial?

Cost-Benefit 131

Cost-Benefit Data-driven Enterprise Software 131

CIO Business Intelligence

SEPTEMBER 7, 2023

First, there is the need to properly handle the critical data that fuels defense decisions and enables data-driven generative AI. Organizations need novel storage capabilities to handle the massive, real-time, unstructured data required to build, train and use generative AI. billion by 2032.

Unstructured Data 119

Unstructured Data Cost-Benefit Risk Data-driven 119

FineReport

JULY 18, 2022

In an era full of data, data analysis allows us to discover the most useful information and make more scientific decisions for business operations. Data analysis tools are widely used by data analysts as well as non-professional business people to achieve better performance and higher efficiency. FineRepor t.

Forecasting 52

Forecasting Dashboards Statistics Visualization 52

datapine

NOVEMBER 19, 2019

No matter if you need to conduct quick online data analysis or gather enormous volumes of data, this technology will make a significant impact in the future. An exemplary application of this trend would be Artificial Neural Networks (ANN) – the predictive analytics method of analyzing data.

Technology 279

Technology Internet of Things IT IoT 279

CIO Business Intelligence

SEPTEMBER 8, 2022

Most organizations understand the profound impact that data is having on modern business. In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years.

Cost-Benefit 122

Cost-Benefit Internet of Things Data-driven Data Lake 122

Smart Data Collective

OCTOBER 17, 2022

Businesses are producing more data year after year, but the number of locations where it is kept is increasing dramatically. This proliferation of data and the methods we use to safeguard it is accompanied by market changes — economic, technical, and alterations in customer behavior and marketing strategies , to mention a few.

Big Data 119

Big Data Data-driven Recreation/Entertainment Data Governance 119

AWS Big Data

MAY 31, 2023

In 2022, Trakstar launched what is now called Trakstar Insights, which unlocks new analytical insights for HR across the employee life cycle. With our three products, Trakstar Hire , Trakstar Perform , and Trakstar Learn , HR leaders can use data to take an integrated approach and foster a better employee experience.

Slice and Dice 97

Slice and Dice Analytics Dashboards IT 97