AWS Big Data

JANUARY 9, 2025

Our experiments are based on real-world historical full order book data, provided by our partner CryptoStruct , and compare the trade-offs between these choices, focusing on performance, cost, and quant developer productivity. Data management is the foundation of quantitative research. groupBy("exchange_code", "instrument").count().orderBy("count",

Metadata 106

Metadata Snapshot Cost-Benefit Optimization 106

CIO Business Intelligence

JANUARY 9, 2023

The need to grow smartly Gil Westrich’s company, ClearML, is benefiting from increased adoption of artificial intelligence and machine learning (ML) technology. Closing our offices made sense to conserve energy costs and give people flexibility to come into the office any day from Tuesday through Thursday,” Phelps says.

IT 145

IT Uncertainty Cost-Benefit Digital Transformation 145

CIO Business Intelligence

MARCH 19, 2025

And on AWS, Amazon Bedrock Agents have been available since 2023, but in December, Amazon added multi-agent collaboration capabilities. The business benefit is that attorneys can get through the contracting process faster, respond to customers faster, and transact faster than anyone else. followed a couple months later.

Software 143

Software Risk Enterprise Cost-Benefit 143

O'Reilly on Data

APRIL 30, 2024

Market structure is not simply the number of firms, but the cost structure and economic incentives in the market that follow from the institutions, adjacent government regulations, and available financing. For social media platforms, this was addictive content to increase time spent on platform at any cost to user health.

Risk 311

Risk Advertising Cost-Benefit Sales 311

O'Reilly on Data

NOVEMBER 28, 2023

Generative AI has been the biggest technology story of 2023. As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI. 54% of AI users expect AI’s biggest benefit will be greater productivity. Late in 2023, we suspect that relatively few companies have a policy.

Enterprise 339

Enterprise Testing Modeling Reporting 339

CIO Business Intelligence

DECEMBER 19, 2024

Back in 2023, at the CIO 100 awards ceremony, we were about nine months into exploring generative artificial intelligence (genAI). The key areas we see are having an enterprise AI strategy, a unified governance model and managing the technology costs associated with genAI to present a compelling business case to the executive team.

Experimentation 97

Experimentation Cost-Benefit Enterprise Strategy 97

AWS Big Data

JANUARY 9, 2024

We are excited about the OpenSearch Service features and enhancements we’ve added to that toolkit in 2023. 2023 was a year of rapid innovation within the artificial intelligence (AI) and machine learning (ML) space, and search has been a significant beneficiary of that progress. Multi-modal search OpenSearch Service 2.11

Visualization 106

Visualization Cost-Benefit Modeling Machine Learning 106

Timo Elliott

MAY 8, 2023

You can see the company’s winning submission document here , with lots of details about the business goals, technical infrastructure, benefits, and SAP products used. Petrobras works with mission critical industrial equipment to run operations at the Buzios field in Brazil, the world’s largest deep water reservoir.

IoT 104

IoT Cost-Benefit Machine Learning Risk 104

CIO Business Intelligence

FEBRUARY 20, 2025

Decades-old apps designed to retain a limited amount of data due to storage costs at the time are also unlikely to integrate easily with AI tools, says Brian Klingbeil, chief strategy officer at managed services provider Ensono. According to IDCs 2023 CIO Sentiment Survey , organizations were spending an average of 12.8%

Insurance 108

Insurance Cost-Benefit Unstructured Data Data Lake 108

CIO Business Intelligence

MARCH 27, 2023

According to the 2023 State of the CIO research , which surveyed 837 IT leaders and 201 line of business (LOB) participants, functional and transformational work consumed the bulk of IT leaders’ time this year, much the same as 2022.

Strategy 109

Strategy Digital Transformation Insurance Technology 109

CIO Business Intelligence

JANUARY 23, 2023

Companies and governments are aware of the benefits of new technologies and digitization: optimizing costs and operating resources, ensuring customer satisfaction, attracting new customers, and gaining a competitive advantage through digital adoption. LEAP 2023 will be held from February 6-9 in Riyadh Front Expo Centre, Saudi Arabia.

IoT 111

IoT Strategy Cost-Benefit Digital Transformation 111

AWS Big Data

AUGUST 23, 2023

Since its release in January 2021, the OpenSearch project has released 14 versions through June 2023. With managed domains, you can use advanced capabilities at no extra cost such as cross-cluster search, cross-cluster replication, anomaly detection, semantic search, security analytics, and more. Additional field types OpenSearch 2.7

Snapshot 97

Snapshot Dashboards Visualization Metrics 97

CIO Business Intelligence

NOVEMBER 13, 2023

1 But despite some of the benefits of online sales, this isn’t all good news for retailers. Retailers that successfully harness edge data to deliver seamless omnichannel customer experiences will benefit from the win/win combination of increasing sales and decreasing costs for a powerful boost to the bottom line. May 2022. [2]

Cost-Benefit 131

Cost-Benefit Sales Data-driven Statistics 131

CIO Business Intelligence

DECEMBER 18, 2024

Reinforcing this claim, one in four IT executives from the 2023 AI Priorities Study believe their organization is moving too fast when it comes to deploying gen AI. Measuring the benefits A strong resilience strategy brings a handful of benefits, one of which is improved productivity , says Rajavel.

Risk 105

Risk Risk Management Cost-Benefit Measurement 105

CIO Business Intelligence

JULY 11, 2024

The study surveyed over 2,500 global AI decision-makers and found that 58% of manufacturing leaders plan to increase AI spending in 2024, down from 93% in 2023. Security worries have tripled, accuracy concerns have grown fivefold, and transparency issues have quadrupled since 2023.”

Manufacturing 124

Manufacturing Cost-Benefit Data Quality Modeling 124

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

Smart Data Collective

JANUARY 30, 2023

However, there are other benefits of AI in marketing that get less publicity. As AI continues to change the marketing landscape , marketers will keep looking for new ways to automate various processes, reduce the scope of human error and lower costs. This is possibly the most important benefit of using AI for PPC advertising.

Advertising 116

Advertising Cost-Benefit Marketing Strategy 116

CIO Business Intelligence

DECEMBER 30, 2024

Anshu Bhardwaj, SVP and COO at Walmart Global Technology says that consumers arent the only ones who stand to benefit from mobile AI. Today, AI agents are relatively expensive, and inference costs can add up quickly for companies looking to deploy massive systems. But thats going to shift, he says.

ROI 141

ROI Software Modeling Interactive 141

CIO Business Intelligence

NOVEMBER 14, 2024

IDC’s Global Retail Survey (July 2023) found that 36% plan to invest in robotics for guest and store services in the next 36 months. Competing on a level playing field with the biggest e-retail successes requires agility, with visibility into automated, digitized supply chains. And they are making progress.

IT 64

IT Cost-Benefit Manufacturing Sales 64

CIO Business Intelligence

NOVEMBER 13, 2024

So for all its vaunted benefits to efficiency, gen AI doesn’t always reduce workloads. At least 30% of gen AI projects will be abandoned by the end of 2025, the research firm predicts, due to unclear business value — as well as poor data quality, inadequate risk controls, and escalating costs.

IT 141

IT Consulting ROI Cost-Benefit 141

CIO Business Intelligence

MAY 1, 2024

For example, a quarter of IT decision-makers in Foundry’s 2023 AI Priorities Study are piloting gen AI technologies, but only 20% have moved on to deployment. But talking to IT teams like the AI professionals in Intel’s 2023 ML Insider survey suggests only 10% of organizations put gen AI solutions into production in 2023.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

CIO Business Intelligence

MAY 5, 2023

x for business value even before ChatGPT became a household name. That is why the omnichannel used-car retailer earned a coveted spot on the 2023 CIO 100 Award list: for its early, innovative use of a nascent AI technology that led to a spike in page views as well as higher SEO ranking and placement that drove substantial business growth.

Digital Transformation 145

Digital Transformation Cost-Benefit Business Driver Machine Learning 145

datapine

NOVEMBER 27, 2019

According to Gartner, poor data quality is estimated to cost organizations an average of $15 million per year in losses. We detailed the benefits and costs of good or bad quality data in our previous article on data quality management , where you can read the five important pillars to follow. BN by 2023, with a CAGR of 13.6%

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CIO Business Intelligence

JANUARY 3, 2024

In fact, VSM has been shown to deliver significant organizational benefits and quantifiable, financial ROI. In November 2023, Forrester Consulting conducted a Total Economic Impact™ (TEI) study, commissioned by Broadcom, which found organizations using ValueOps, a dedicated VSM solution, can realize significant financial benefits.

Management 133

Management Cost-Benefit ROI Data-driven 133

CIO Business Intelligence

JULY 22, 2024

IT leader and former CIO Stanley Mwangi Chege has heard executives complain for years about cloud deployments, citing rapidly escalating costs and data privacy challenges as top reasons for their frustrations. They, too, were motivated by data privacy issues, cost considerations, compliance concerns, and latency issues.

Optimization 128

Optimization Strategy IT Cost-Benefit 128

Smart Data Collective

JULY 31, 2022

We have talked about a lot of the benefits of using predictive analytics in finance. in 2023, according to the Summer 2022 (interim) Economic Forecast. percent in 2023. in 2023, respectively. Increasing energy and financing costs, as well as high inflation, are the primary causes of economic weakness in the Eurozone.

Predictive Analytics 145

Predictive Analytics Analytics Uncertainty Forecasting 145

Jet Global

JUNE 22, 2023

Some of our most popular CFO backed posts: Best CFO KPIs and Dashboards for the 2023 CFO The Remote CFO’s Guide to Closing the Books from Home Crisis Planning for the Short and Long Term: Advice from Leading CFOs Generation CFO Link: [link] Generation CFO is not interested in the traditional operational structure of corporations.

KPI 105

KPI Finance Dashboards Digital Transformation 105

Rocket-Powered Data Science

FEBRUARY 15, 2023

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. 3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? 2) Why should your organization be doing it and why should your people commit to it? (3)

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

CIO Business Intelligence

NOVEMBER 8, 2023

It is estimated by the end of 2023, 31% of organizations expect to run 75% of their workloads 2 in the cloud. 1 The rapid migration to the public cloud comes with numerous benefits, such as scalability, cost-efficiency, and enhanced collaboration. 6 On top of that, the average cost of a data breach is over $4.4

Cost-Benefit 135

Cost-Benefit Risk Digital Transformation Reporting 135

AWS Big Data

NOVEMBER 8, 2023

Save the date: AWS re:Invent 2023 is happening from November 27 to December 1 in Las Vegas, and you cannot miss it. Hear about best practices that can help with migration while still maintaining costs, scale, and performance. Register today It’s going to be an amazing event, and we can’t wait to see you at re:Invent 2023!

Data-driven 98

Data-driven Machine Learning Data Lake Cost-Benefit 98

CIO Business Intelligence

APRIL 19, 2024

No company got out of 2023 without having a story about how much better their company was going to be, how much better their products were going to be, how much better their customers’ lives were going to be because of generative AI,” he said. growth in 2023. Another big change from 2023 comes in the devices category, which saw a 9.1%

IT 132

IT Software Cost-Benefit ROI 132

CIO Business Intelligence

JUNE 19, 2024

And that means cooling costs are also growing. In fact, according to the International Energy Agency, by 2026 the AI industry is expected to have grown exponentially to consume at least ten times its electricity demand in 2023. But, he added, “A final thought — depending on cost, it might be difficult to get business leaders to care.

Cost-Benefit 116

Cost-Benefit Enterprise Technology Reporting 116

AWS Big Data

NOVEMBER 26, 2024

Moreover, they can be combined to benefit from individual strengths. In later pipeline stages, data is converted to Iceberg, to benefit from its read performance. Traditionally, this conversion required time-consuming rewrites of data files, resulting in data duplication, higher storage, and increased compute costs.

Metadata 94

Metadata Data Lake Snapshot Data Warehouse 94

CIO Business Intelligence

JULY 5, 2024

Intel® Core™ Ultra processors featuring NPU engines also mean these HP AI PCs, such as the EliteBook 1000 series, can extend battery life, boost productivity, and enhance collaboration, packing a powerful punch of added benefits. Myth 5: Not all businesses can benefit from AI Waiting to implement AI could be a costly mistake.

Cost-Benefit 119

Cost-Benefit Optimization Technology Management 119

Smart Data Collective

MARCH 23, 2023

Many people have called 2023 “the year of AI.” Some companies are interested in taking advantage of the benefits of existing AI tools like ChatGPT. The ROI of creating their own AI applications can be massive, but they still need to use them cost-effectively.

Software 142

Software Strategy Cost-Benefit Testing 142

CIO Business Intelligence

NOVEMBER 14, 2023

“Today we face the harsh reality of cloud costs, if not done right,” says Jay Upchurch, executive vice president and CIO at SAS. Cloud costs will often — and rapidly — become large line items on budgets. Cloud costs will often — and rapidly — become large line items on budgets. Are we taking advantage of cloud-native benefits?

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145