CIO Business Intelligence

SEPTEMBER 6, 2023

Since ChatGPT’s release in November of 2022, there have been countless conversations on the impact of similar large language models. While the potential of Generative AI in software development is exciting, there are still risks and guardrails that need to be considered. To learn more, visit us here.

Software 119

Software Risk Experimentation Data Lake 119

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. What is it, how does it work, what can it do, and what are the risks of using it? What Are the Risks? Copyright violation is another risk.

IT 346

IT Modeling Testing Risk 346

The Unofficial Google Data Science Blog

APRIL 23, 2024

To find optimal values of two parameters experimentally, the obvious strategy would be to experiment with and update them in separate, sequential stages. Our experimentation platform supports this kind of grouped-experiments analysis, which allows us to see rough summaries of our designed experiments without much work.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

CIO Business Intelligence

JUNE 15, 2023

Despite headlines warning that artificial intelligence poses a profound risk to society , workers are curious, optimistic, and confident about the arrival of AI in the enterprise, and becoming more so with time, according to a recent survey by Boston Consulting Group (BCG). For many, their feelings are based on sound experience.

Management 116

Management Experimentation Optimization Enterprise 116

CIO Business Intelligence

OCTOBER 1, 2022

In summer 2022, P&G sealed a multiyear partnership with Microsoft to transform P&G’s digital manufacturing platform. It has moved past what Cretella calls the “experimentation phase” with scaled solutions and increasingly sophisticated AI applications. Data and AI as digital fundamentals.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

CIO Business Intelligence

MAY 16, 2023

It surpasses blockchain and metaverse projects, which are viewed as experimental or in the pilot stage, especially by established enterprises. Top Technologies Mentioned in Innovation Conversations Tweets from Verified Accounts, January 2021 – December 2022 Opportunities abound for innovating with AI. higher [in 2022] than in 2017.”

Advertising 105

Advertising Recreation/Entertainment Experimentation Data Collection 105

DataRobot Blog

OCTOBER 18, 2022

The DataRobot expo booth at the 2022 conference showcased our AI Cloud platform with industry-specific demonstrations including Anti-Money Laundering for Financial Services , Predictive Maintenance for Manufacturing and Sales Forecasting for Retail. DataRobot Booth at Big Data & AI Toronto 2022. Monitoring with Machine Learning.

Big Data 96

Big Data Forecasting Experimentation Machine Learning 96

IBM Big Data Hub

OCTOBER 4, 2022

It is well known that Artificial Intelligence (AI) has progressed, moving past the era of experimentation. Today, AI presents an enormous opportunity to turn data into insights and actions, to amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. IBM Global AI Adoption Index 2022.).

Metadata 97

Metadata Risk Management Risk Experimentation 97

CIO Business Intelligence

JULY 3, 2023

In 2022, OpenAI lost $540 million despite having raised $11.3 Rather than relying on APIs provided by firms such as OpenAI and the risks of uploading potentially sensitive data to third-party servers, new approaches are allowing firms to bring smaller LLMs inhouse. billion in funding rounds.

Management 105

Management Experimentation Modeling Enterprise 105

CIO Business Intelligence

SEPTEMBER 12, 2022

Fast-forward to 2022. Prioritize time for experimentation. By providing your employees with psychological safety, an innovation-centric purpose, and encouragement — you can help them find the courage to risk failure in pursuit of creative ambition.” . Santhosh Keshavan, executive vice president and CIO, Voya.

Experimentation 133

Experimentation Consulting Technology Machine Learning 133

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. And doing so requires taking risks , he says, something he believe IT leaders must embrace to succeed today. “We

Risk 141

Risk Manufacturing Enterprise Technology 141

AWS Big Data

JULY 3, 2023

This helps traders determine the potential profitability of a strategy and identify any risks associated with it, enabling them to optimize it for better performance. Backtesting is a process used in quantitative finance to evaluate trading strategies using historical data.

Snapshot 94

Snapshot Data Lake Testing Strategy 94

CIO Business Intelligence

SEPTEMBER 27, 2023

Identifying worthwhile use cases Hackajob, a company that provides a platform for organizations to find and recruit IT and developer talent, began piloting generative AI models in the second half of 2022 as part of an informal research and development initiative to explore emerging technology trends.

Strategy 126

Strategy Data-driven Risk Technology 126

IBM Big Data Hub

MAY 25, 2023

Generative AI has progressed quickly beyond experimentation; businesses are embracing it to improve customer service, seize new market opportunities and more. At the same time, there are reasonable concerns about how to mitigate bias, manage data security, and factor in precision and risk.

Consulting 99

Consulting Machine Learning Experimentation Modeling 99

CIO Business Intelligence

MARCH 6, 2023

Otherwise, they say, IT simply moves the location of its servers from its own data centers to someone else’s — and risks missing out on the innovation, transformation, and speed to market that cloud adoption enables. Moreover, the differences between each stovepipe also meant more work for security teams trying to manage and mitigate risks.

IT 140

IT Strategy Cost-Benefit Consulting 140

CIO Business Intelligence

JUNE 6, 2023

Despite a volatile economy, corporate venture capital investments in startups fell by only 2% to $192 billion in 2022 , compared to a 25% drop in overall venture capital. In addition, the percentage of corporate-backed deals in early seed rounds increased from 10% in 2021 to 18% in 2022.

Key Performance Indicator 105

Key Performance Indicator Cost-Benefit Enterprise Experimentation 105

CIO Business Intelligence

FEBRUARY 22, 2024

With the aim to accelerate innovation and transform its digital infrastructures and services, Ferrovial created its Digital Hub to serve as a meeting point where research and experimentation with digital strategies could, for example, provide new sources of income and improve company operations.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

CIO Business Intelligence

AUGUST 1, 2023

During keynotes and discussions with CIOs, I remind everyone how strategic priorities evolve significantly every two years or less, from growth in 2018, to pandemic and remote work in 2020, to hybrid work and financial constraints in 2022. It might actually be worth something by cleaning it up and using an LLM.”

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Data Science 98

CIO Business Intelligence

AUGUST 17, 2023

But, as with any big new wave, there is a risk of once-promising projects being washed up and there are clear and obvious concerns over governance, quality and security. We ran workshops with every division of our business, educating them on the accelerating innovation in this area, brainstorming opportunities and risks.

Risk 98

Risk Cost-Benefit Strategy Unstructured Data 98

CIO Business Intelligence

JULY 6, 2023

The media conglomerate completed a hundred years in 2022. What do you do to foster a culture of innovation and experimentation in your employees? Only experimentation can help to improve this index. As a tech leader, I thoroughly enjoy this part of my job, and don’t see them as tough decisions at all. This is an evolving area.

Digital Transformation 98

Digital Transformation Experimentation Recreation/Entertainment Technology 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). And buyers most often disagreed that generative AI will expose them to greater risks.

Strategy 98

Strategy Risk Enterprise Risk Management 98

CIO Business Intelligence

JULY 27, 2023

Soon after ChatGPT burst on the scene in November 2022, Chan realized generative AI would amount to far more than the just the latest technology flash-in-the-pan. This followed a ChatGPT hackathon to identify security risks. “It We did see a tremendous amount of personal experimentation going on.

IT 98

IT Insurance Strategy Risk 98

Cloudera

OCTOBER 8, 2024

In 2022, the release of ChatGPT attracted over 100 million users within just two months, demonstrating the technology’s accessibility and its impact across various user skill levels. By 2023, the focus shifted towards experimentation.

Optimization 75

Optimization Experimentation Metrics Enterprise 75

DataRobot Blog

NOVEMBER 15, 2022

At the DataRobot Booth at Big Data AI World Asia 2022 Chief Data Officers data scientists and IT leaders learned the latest in AI-driven business outcomes. At the event, a financial services panel discussion shared why iteration and experimentation are critical in an AI-driven data science environment. Request a demo.

Big Data 52

Big Data Experimentation Machine Learning Data-driven 52

DataRobot Blog

MARCH 16, 2023

We are offering customers rapid experimentation and value identification, with both code-first and no-code approaches. Erick Brethenoux, Anthony Mullen, Published 26 August 2022 The post A New Era of Value-Driven AI appeared first on DataRobot AI Platform.

Experimentation 52

Experimentation Data-driven Measurement Enterprise 52

Jet Global

APRIL 27, 2023

Tax teams of multinational enterprises (MNEs) in the manufacturing industry face increasing challenges to manage business and market risks effectively. For your tax team to be agile, you’ll need to optimize tax technology and processes so you can both spot data insights and mitigate risk.

Manufacturing 52

Manufacturing Marketing Reporting Risk 52

CIO Business Intelligence

MAY 10, 2023

We look at Midea Industrial Internet (MIOT), the recipient of the Future Enterprise of the Year at the IDC Future Enterprise Awards 2022. Suresh Sundararajan, the recipient of the CDO of the Year Award (Singapore) in 2022, is the then-Chief Officer and now CEO of Olam Ventures and Olam Technology Services.

Enterprise 52

Enterprise Digital Transformation Internet of Things B2B 52

Ontotext

DECEMBER 30, 2022

Those are bold plans, because in 2022 we received recognition for what we’ve achieved through investment to help us expand, accelerate growth and engage the market with the technology we’ve been developing for 20 years. 9 years of research, prototyping and experimentation went into developing enterprise ready Semantic Technology products.

Enterprise 52

Enterprise Sales Cost-Benefit Marketing 52

Ontotext

DECEMBER 30, 2022

Those are bold plans, because in 2022 we received recognition for what we’ve achieved through investment to help us expand, accelerate growth and engage the market with the technology we’ve been developing for 20 years. 9 years of research, prototyping and experimentation went into developing enterprise ready Semantic Technology products.

Enterprise 52

Enterprise Sales Cost-Benefit Marketing 52

CIO Business Intelligence

APRIL 26, 2023

“Startup” means risk. But despite the high risk/reward framework, these Victory-or-Bust ventures don’t have the market cornered on agility and innovation. More than an experimental group, they hold themselves accountable the same way any startup should. Why not both? The alternative is shuttering for good.

Technology 52

Technology Marketing Experimentation Modeling 52

CIO Business Intelligence

MAY 14, 2024

Like many public health agencies across the US, the King County Medical Examiner’s Office tracks drug overdose deaths to target interventions for populations at risk and save lives. Seattle, the county seat, reported nearly 600 drug overdose deaths in 2022, an increase of 72% from the previous year.

Machine Learning 97

Machine Learning Deep Learning Reporting Experimentation 97

DataRobot Blog

AUGUST 10, 2022

NHS organisations are used to using workforce KPIs to manage staffing levels, but the real opportunity is being able to identify staff that are at risk of leaving post and to implement strategies to retain their much needed talent. Resetting urgent care performance and delivery. Improving patient outcomes through a data-first approach.

Forecasting 52

Forecasting Data-driven Experimentation Risk 52

CIO Business Intelligence

FEBRUARY 5, 2025

In 2022, Air Canada tried to put distance between it and its chatbot after a passenger was told he could get reimbursed for a bereavement fare. Lucidworks study of gen AI investment says that in 2024, business leaders are slowing down spending to balance the benefits, costs, and risks of this relatively new technology.

Cost-Benefit 117

Cost-Benefit ROI Metrics Measurement 117