CIO Business Intelligence

JULY 3, 2023

But the rise of large language models (LLMs) is starting to make true knowledge management (KM) a reality. These models can extract meaning from digital data at scale and speed beyond the capabilities of human analysts. In 2022, OpenAI lost $540 million despite having raised $11.3 billion in funding rounds.

Management 105

Management Experimentation Modeling Enterprise 105

CIO Business Intelligence

MAY 29, 2024

Sometimes it came in through the front door, but in most cases, it seeped in quietly, as knowledge workers experimented with it to write documents and email without necessarily admitting they were doing so. AI consumes a lot of power, whether it’s training large language models or running inference. And this is only the beginning.

Cost-Benefit 108

Cost-Benefit Measurement Reporting Modeling 108

DataRobot Blog

SEPTEMBER 1, 2022

For example, a recent IDC study 1 shows that it takes about 290 days on average to deploy a model into production from start to finish. Once you move your model into production, you need to monitor and manage your models to ensure that you can trust predictions and turn them into the right business decisions.

Metrics 145

Metrics Statistics Modeling Data Science 145

CIO Business Intelligence

JANUARY 26, 2024

Three years ago, Ford reorganized its cloud-first, SDV manufacturing organization into three interconnected though separate business units: Ford Pro, for commercial customers; Model-E, for electric vehicles; and Blue, for traditional customers and vehicles employing all engine types.

IoT 119

IoT Manufacturing Digital Transformation Internet of Things 119

CIO Business Intelligence

OCTOBER 20, 2023

At Google’s recent Next conference, for instance, L’Oréal and Shopify announced they are using BigQuery in gen AI pilots to accelerate and optimize business processes. As models evolve in the future to become fully multi-modal, they [will be] able to traverse different types of data.”

Digital Transformation 136

Digital Transformation Insurance Recreation/Entertainment Machine Learning 136

IBM Big Data Hub

OCTOBER 4, 2022

IBM Global AI Adoption Index 2022.). Multiple unsupported tools for building and deploying models. Platforms and practices not optimized for AI. Success in delivering scalable enterprise AI necessitates the use of AI tools and processes that are specifically made for building, deploying, monitoring and retraining models.

Metadata 97

Metadata Risk Risk Management Experimentation 97

CIO Business Intelligence

NOVEMBER 17, 2022

Statista estimates that global investment in digital transformation is expected to increase significantly between 2022 and 2025, from $1.8 A key component to the appeal of cloud-first business models is cloud technologies’ ability to simplify processes and streamline workflows through integration and automation. trillion to $2.8

Software 144

Software Management Digital Transformation Data Governance 144

CIO Business Intelligence

MARCH 22, 2023

Since ServiceNow introduced role-based workspaces as part of its new user interface, Next Experience, in March 2022, coverage has grown with each passing release. Other enhancements include new workflows for HR and team leaders to optimize workforce output, and manage health and safety incidents, the company said.

Optimization 52

Optimization Enterprise Management Metrics 52

Cloudera

JANUARY 19, 2024

As described in our recent blog post , an SQL AI Assistant has been integrated into Hue with the capability to leverage the power of large language models (LLMs) for a number of SQL tasks. It can help you to create, edit, optimize, fix, and succinctly summarize queries using natural language. or higher on the public cloud.

Data Warehouse 71

Data Warehouse Data Processing Optimization Modeling 71

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

OCTOBER 18, 2023

OpenAI’s November 2022 announcement of ChatGPT and its subsequent $10 billion in funding from Microsoft were the “shots heard ’round the world” when it comes to the promise of generative AI. in concert with Microsoft’s AI-optimized Azure platform. CarMax CITO Shamim Mohammed confirms his company was using OpenAI’s GPT-3.x

Risk 141

Risk Manufacturing Enterprise Technology 141

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.

Digital Transformation 98

Digital Transformation Data-driven Cost-Benefit Strategy 98

IBM Big Data Hub

MAY 26, 2023

Cloud computing offers the potential to redefine and personalize customer relationships, transform and optimize operations, improve governance and transparency, and expand business agility and capability. Leading life science companies are leveraging cloud for innovation around operational, revenue and business models.

Consulting 73

Consulting Cost-Benefit Optimization Machine Learning 73

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

OCTOBER 9, 2023

AI-powered chatbots can guide new employees through the onboarding process, answer questions, provide information and send reminders about key documents—reducing time-consuming tasks and enhancing the new hire experience. Employee privacy: Using AI to optimize processes and evaluate performance could raise concerns.

Machine Learning 67

Machine Learning Management Optimization Technology 67

DataRobot Blog

JUNE 23, 2022

Human intuition is relied on, or an older, hand-build BI/predictive model exists, or perhaps a set of heuristics were documented that more or less predict something. Far fewer AI models succeed in creating business value when there is no existing prediction to replace. Too often the new model fails the “so what” test.

Predictive Modeling 59

Predictive Modeling Modeling Data Science Measurement 59

CIO Business Intelligence

JANUARY 12, 2023

In some cases, even when the processes were well documented, one department might not fully understand how their workflow impacts another team, Upton says. We went through the process of matching customer personas and employee personas, and got a huge amount of optimizations,” he says. But First Tech is not unique.

Consulting 145

Consulting Technology Software Reporting 145

Cloudera

NOVEMBER 15, 2021

Seagate Technology forecasts that enterprise data will double from approximately 1 to 2 Petabytes (one Petabyte is 10^15 bytes) between 2020 and 2022. In other words, structured data has a pre-defined data model , whereas unstructured data doesn’t. . Most of that data will be unstructured, and only about 10% will be stored.

Unstructured Data 88

Unstructured Data Recreation/Entertainment Structured Data Reporting 88

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

Alation

SEPTEMBER 7, 2021

Now that you have empowered data scientists and analysts to access the Snowflake Data Cloud and speed their modeling and analysis, you need to bolster the effectiveness of your governance models. Before they can use data to build their model or perform day-to-day analysis – they need to understand its quality. Find Trusted Data.

Data Governance 59

Data Governance Risk Data Quality Dashboards 59

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. A few have even tried out Bard or Claude, or run LLaMA 1 on their laptop.

Enterprise 271

Enterprise Modeling Testing Reporting 271

O'Reilly on Data

MARCH 23, 2023

ChatGPT, or something built on ChatGPT, or something that’s like ChatGPT, has been in the news almost constantly since ChatGPT was opened to the public in November 2022. It’s important to understand that ChatGPT is not actually a language model. It’s a convenient user interface built around one specific language model, GPT-3.5,

IT 261

IT Modeling Testing Risk 261

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

Connecting AI models to a myriad of data sources across cloud and on-premises environments AI models rely on vast amounts of data for training. Once trained and deployed, models also need reliable access to historical and real-time data to generate content, make recommendations, detect errors, send proactive alerts, etc.

Cost-Benefit 76

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

O'Reilly on Data

JULY 25, 2023

I’m a professor who is interested in how we can use LLMs (Large Language Models) to teach programming. Here’s how I worked on it: I subscribed to ChatGPT Plus and used the GPT-4 model in ChatGPT (first the May 12, 2023 version, then the May 24 version) to help me with design and implementation. using “22” for the year 2022).

Consulting 246

Consulting Interactive Software IT 246

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

AWS Big Data

JUNE 28, 2023

Amazon Aurora zero-ETL integration with Amazon Redshift was announced at AWS re:Invent 2022 and is now available in public preview for Amazon Aurora MySQL-Compatible Edition 3 (compatible with MySQL 8.0) For the complete list of public preview considerations, please refer to the feature AWS documentation. or higher).

Data Warehouse 81

Data Warehouse Analytics Metrics Dashboards 81

IBM Big Data Hub

DECEMBER 20, 2023

Machine learning (ML) technologies can drive decision-making in virtually all industries, from healthcare to human resources to finance and in myriad use cases, like computer vision , large language models (LLMs), speech recognition, self-driving cars and more. However, the growing influence of ML isn’t without complications.

Machine Learning 73

Machine Learning Modeling Deep Learning Predictive Modeling 73

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

OCTOBER 11, 2022

Gartner has anointed “Hyperautomation” one of the top 10 trends for 2022. We’ll see it in the processing of the thousands of documents businesses handle every day. Data integration problems aren’t pretty; they’re boring, uninteresting, the “killing field of any modeling project,” as Lorien Pratt has said. Should it be?

Data Integration 290

Data Integration Insurance Dashboards Modeling 290

AWS Big Data

JANUARY 25, 2023

We ended 2022 on a high note with the preview release of Amazon OpenSearch Serverless at re:Invent. Both options give you full control over the configuration of compute, memory, and storage resources in clusters, which allows you to optimize cost and performance for their applications.

Management 105

Management Dashboards Metadata Modeling 105

DataRobot Blog

DECEMBER 1, 2022

Ingest your data and DataRobot will use all these data points to train a model—and once it is deployed, your marketing team will be able to get a prediction to know if a customer is likely to redeem a coupon or not and why. This allows you to build better machine learning models in less time and increase the pace of innovation with AI.

Machine Learning 52

Machine Learning Marketing Modeling Statistics 52

Sisense

AUGUST 21, 2020

Gartner: “Within the current pandemic context, AI techniques such as machine learning (ML), optimization and natural language processing (NLP) are providing vital insights and predictions about the spread of the virus and the effectiveness and impact of countermeasures. Let’s dive into these trends and see what else is on the horizon.

Analytics 112

Analytics Machine Learning Dashboards Visualization 112

IBM Big Data Hub

MAY 17, 2023

billion in 2022 to USD 47.38 The data captured by the sensors and housed in the cloud flow into real-time monitoring for 24/7 visibility into your assets, enabling the Predictive Failure Model. DaaS uses built-in deep learning models that learn by analyzing images and video streams for classification.

Data Collection 76

Data Collection Visualization Data-driven Unstructured Data 76

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 9, 2023

This data is then projected into analytics services such as data warehouses, search systems, stream processors, query editors, notebooks, and machine learning (ML) models through direct access, real-time, and batch workflows.

Data Lake 109

Data Lake Metadata Optimization Statistics 109