CIO Business Intelligence

SEPTEMBER 15, 2023

From the CEO’s perspective, an optimized IT services portfolio maximizes cost efficiency, flexibility, and scalability. It enables the organization to focus on its core business while managing risks and accelerating time-to-market for new products and services.

Optimization 111

Optimization IT Metrics Marketing 111

CIO Business Intelligence

AUGUST 17, 2022

To help make it quick and easy for IT leaders to get a reliable snapshot of the enterprise storage trends, we put together this “trends update” for the second half of 2022. We predicted at the start of 2022 that cyber resilience from the storage estate would be critical this year because of the threats of cyberattacks.

Enterprise 111

Enterprise Cost-Benefit Snapshot Data-driven 111

Smart Data Collective

NOVEMBER 9, 2022

One of the biggest benefits is testing processes for optimal effectiveness. It allows for optimizing the work of banks, restaurants, factories, and even gas stations. Dataiku provides various AI tools and software to help with customer churn, fraud detection, supply chain optimization, predictive maintenance, and more.

Machine Learning 122

Machine Learning Testing Cost-Benefit Data-driven 122

O'Reilly on Data

JUNE 15, 2023

The world changed on November 30, 2022 as surely as it did on August 12, 1908 when the first Model T left the Ford assembly line. Should we risk loss of control of our civilization?” The creators of generative AI systems and Large Language Models already have tools for monitoring, modifying, and optimizing them.

Metrics 359

Metrics Reporting Measurement Finance 359

CIO Business Intelligence

JULY 22, 2024

As a result, organizations were unprepared to successfully optimize or even adequately run their cloud deployments and manage costs, prompting their move back to on-prem. There are optimization opportunities for companies who have already lifted and shifted to the cloud.” That 80% is consistent with past survey findings.

Optimization 128

Optimization Strategy IT Cost-Benefit 128

AWS Big Data

OCTOBER 9, 2024

We outline cost-optimization strategies and operational best practices achieved through a strong collaboration with their DevOps teams. We also discuss a data-driven approach using a hackathon focused on cost optimization along with Apache Spark and Apache HBase configuration optimization. This sped up their need to optimize.

Optimization 123

Optimization Testing Data-driven Strategy 123

Smart Data Collective

FEBRUARY 8, 2022

However, it has also created a lot of risks. You must appreciate the risks of possible data breaches and take appropriate measures to prevent them. One of the ways that you can mitigate the risks of data breaches is by using IP address risk scoring. In the first six months of 2019, over 4.1 The world has changed.

Recreation/Entertainment 98

Recreation/Entertainment Risk Measurement Strategy 98

CIO Business Intelligence

FEBRUARY 1, 2023

As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. You need to “identify benefits and risks,” Seiter said.

Optimization 111

Optimization Cost-Benefit Consulting Strategy 111

IBM Big Data Hub

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0

Optimization 73

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 73

Timo Elliott

MAY 27, 2022

First, data is by default, and by definition, a liability , because it costs money and has risks associated with it. But Gartner is calling for something more sophisticated — for example, what they call Decision Intelligence , where you go beyond just providing information, and actually help reengineer and optimize decision processes.

Data Analytics 124

Data Analytics Analytics Recreation/Entertainment Data Lake 124

Smarten

FEBRUARY 19, 2025

billion USD in 2022 and is expected to reach $38 billion USD by 2028. Supply Chain The organization can forecast demand and manage the supply chain to optimize inventory using machine learning to predict customer demand, seasonality, product trends etc., based on credit history, and other financial considerations.

Predictive Analytics 64

Predictive Analytics Analytics Predictive Modeling Forecasting 64

CIO Business Intelligence

MARCH 5, 2025

Top impacts of digital friction included: increased costs (41%)increased frustration while conducting work (34%) increased security risk (31%) decreased efficiency (30%) lack of data for quality decision-making (30%) are top impacts. But organizations within the energy industry are in an especially precarious situation.

Management 86

Management Data-driven Cost-Benefit Risk 86

CIO Business Intelligence

FEBRUARY 10, 2023

billion in 2022, according to a research study published by The Insight Partners in August 2022. from 2022 to 2028. With predictive analytics, organizations can find and exploit patterns contained within data in order to detect risks and opportunities. Financial services: Develop credit risk models.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

IBM Big Data Hub

JUNE 19, 2023

However, a 2022 report by the World Bank estimated that the global economy could lose up to USD 1.2 Companies can manufacture products closer to the consumer, reducing the risk of disruption caused by natural disasters and geopolitical instability. trillion in 2023 because of these disruptions.

Risk 77

Risk Manufacturing Reporting Modeling 77

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

Cloudera

DECEMBER 16, 2022

We are pleased to announce that Cloudera has been named a Leader in the 2022 Gartner ® Magic Quadrant for Cloud Database Management Systems. Anything else requires integration, sometimes between multiple vendors, which means complexity and risk. 6-Operational efficiency to optimize workload performance and cost. This is unique.

Management 92

Management Metadata Machine Learning Data Lake 92

CIO Business Intelligence

MARCH 22, 2022

March 2022. February 2022. January 2022. He brings expertise in developing IT strategy, digital transformation, AI engineering, process optimization and operations. At Fractal, Tiwari will be responsible for the company’s digital transformation and overseeing IT operations, cybersecurity, and risk management. .

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

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? It was not optimized to provide correct responses. What Are the Risks?

IT 346

IT Modeling Testing Risk 346

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

O'Reilly on Data

NOVEMBER 28, 2023

Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing. 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. Only 4% pointed to lower head counts.

Enterprise 339

Enterprise Testing Modeling Reporting 339

Smart Data Collective

JUNE 23, 2022

Market analysts predict the supply chain to normalize in the third quarter of 2022, which is only a few months away as of this publication. It’s important to know that analytics is integral to every facet of car production, not only in supply chain optimization (more on that later). Risk Management. The Fundamentals.

Analytics 132

Analytics Manufacturing Internet of Things Advertising 132

Smart Data Collective

FEBRUARY 14, 2023

AI Helps with the Rollout of Impressive New Browser-Based Solutions Mobile apps represent a huge market valued at over $200 billion in 2022 and are expected to top $400 billion by 2028. It’s seemingly compulsory for most developers to build mobile versions of their applications or risk losing millions of potential users.

Risk 136

Risk Technology Optimization Machine Learning 136

Smart Data Collective

DECEMBER 13, 2021

Here are five marketing strategies you need to use to grow your e-commerce store in 2022. Marketers are using AI to refine their outreach strategies, assess the likelihood that their messages will be flagged as spam or phishing with risk scoring algorithms and ensure compliance with local regulations.

Data-driven 145

Data-driven Marketing Strategy Big Data 145

CIO Business Intelligence

APRIL 1, 2022

Michael Schrage, visiting scholar at the MIT Sloan Initiative on the Digital Economy and author of The Innovator’s Hypothesis: How Cheap Experiments Are Worth More Than Good Ideas , speaking at the MITSMR Connections session on February 9, 2022, lamented, “I don’t think we have strategies. I think we have a set of tactics. Given that ~$1.3

Digital Transformation 145

Digital Transformation Finance Consulting Strategy 145

CIO Business Intelligence

MAY 28, 2022

“It tended to be additive to our legacy platforms when we started building out our cloud initially, but more recently, we’ve become far more mature in our use of the cloud and in our ability to optimize it to make sure that every single cycle of a CPU that we use out in the cloud is adding value.”.

Insurance 145

Insurance Machine Learning Digital Transformation Cost-Benefit 145

CIO Business Intelligence

FEBRUARY 13, 2023

We run factories and help companies run them and optimize them” and AI is used to optimize everything from getting more throughput to better quality to preventative maintenance, productivity, and cost optimization, Nardecchia says. growth in 2022, according to Gartner. It’s all about uptime and input.

IT 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

MAY 4, 2022

Ceridian SVP and CIO Carrie Rasmussen got a 7% bump in her IT budget for 2022, with her company’s growth, its ongoing digitalization drive, and security mindfulness driving the boost. More specifically, Rasmussen is boosting her spend on cybersecurity to help manage risk, a key element for enabling Ceridian’s planned global expansion.

IT 135

IT Business Driver Reporting Uncertainty 135

CIO Business Intelligence

OCTOBER 9, 2024

Without the real-time data visibility necessary to make informed decisions, Petrobras was facing an upsurge in risks and disruptions. Next generation planning As soon as the solution was deployed in August 2022, the processes for advance planning were transformed, with historical and real-time data incorporated into the calculations.

Forecasting 123

Forecasting Risk Consulting Optimization 123

CIO Business Intelligence

SEPTEMBER 13, 2024

Beginning in June 2022, the Santa Clara, Calif.-based The key objective was to accelerate our delivery time, increase accuracy, optimize costs, and reduce the touch process.” The Logistic Service Center, which went live in November 2022, reduced the campus footprint by 50%.

Manufacturing 123

Manufacturing Cost-Benefit Testing Interactive 123

CIO Business Intelligence

MARCH 7, 2023

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. Then, often reporting to risk, compliance, or security organizations, are separate data governance teams focused on data security, privacy, and quality.

Digital Transformation 145

Digital Transformation Data Governance Machine Learning Experimentation 145

CIO Business Intelligence

DECEMBER 8, 2022

The good news is that decision-makers are universally aware of the security risks that proliferate in the absence of these solutions. NTT’s research found that 90% of organizations say they need AIOps, automation & improved analytics to further optimize their network operations. Networking.

Cost-Benefit 128

Cost-Benefit Digital Transformation Strategy Risk 128

CIO Business Intelligence

APRIL 4, 2023

Four modern network management challenges Today’s network is facing new market pressures, including: Hybrid work becomes mainstream : According to Gartner, if an organization were to go back to a fully on-site arrangement, it would risk losing up to 39% of its workforce. [2]

Marketing 97

Marketing Management Cost-Benefit IoT 97

CIO Business Intelligence

JUNE 3, 2024

of the overall AI server market in 2022 to 36% in 2027. of AI storage in 2022 to 30.5% billion in 2022 to $57 billion in 2027. Shifting to small language models, hybrid infrastructure Savvy IT leaders are aware of the risk of overspending on genAI infrastructure, whether on-premises or in the cloud.

Data Processing 139

Data Processing Data-driven Modeling Strategy 139

CIO Business Intelligence

OCTOBER 11, 2023

As a result, utilities can improve uptime for their customers while optimizing operations to keep costs low. AI can help by proactively monitoring operations and flagging when an organization is at risk for non-compliance. AI models can also help evaluate risks, and generative AI can offer suggestions for mitigating those risks.

Unstructured Data 137

Unstructured Data Uncertainty Risk Data Processing 137

CIO Business Intelligence

MARCH 27, 2023

That’s from a survey of 566 data and analytics leaders globally that Gartner conducted online from September to November 2022. “It And sometimes, data leaders must be performers: helping to implement data management , data quality, data trust, spending time on data governance , compliance, and risk.

Data-driven 145

Data-driven Data Quality Strategy Reporting 145

CIO Business Intelligence

JANUARY 13, 2023

The report attributes the huge over-expenditure to vendor lock-in and NASA’s unwillingness to risk a license audit by Oracle because of its lack of visibility into software management. These challenges expose the agency to increased costs because of penalties for violations of software licensing agreements, the report showed.

IT 122

IT Software Reporting Risk 122

CIO Business Intelligence

JUNE 6, 2022

According to the 2022 CEO survey from the Conference Board , inflation ranks second on the list of issues worrying chief executives, just after the ongoing impact of the COVID-19 pandemic. (In million so far in 2022. Here’s a look at 10 areas where CIOs are feeling the impact of inflation. Economic talk. Demand management.

IT 138

IT Consulting Digital Transformation Risk 138