CIO Business Intelligence

MAY 21, 2024

Along with code-generating copilots and text-to-image generators, which leverage a combination of LLMs and diffusion processing, LLMs are at the core of most generative AI experimentation in business today. And the benefits of MakeShift’s use of AI are beginning to multiply. Currently, text-only LLMs require tremendous compute power.

IT 131

IT Cost-Benefit Experimentation Forecasting 131

CIO Business Intelligence

APRIL 25, 2024

During the summer of 2023, at the height of the first wave of interest in generative AI, LinkedIn began to wonder whether matching candidates with employers and making feeds more useful would be better served with the help of large language models (LLMs). Cost considerations One aspect that Bottaro dubbed “a hurdle” was the cost.

IT 139

IT Experimentation Cost-Benefit Metrics 139

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

OCTOBER 3, 2024

billion in 2023 — with periodic spikes whenever IBM has introduced a new mainframe generation, Gartner claims. It’s a natural fit and will be interesting to see how these ensemble AI models work and what use cases will go from experimentation to production,” says Dyer. billion in 2015 to less than $6.5

Machine Learning 140

Machine Learning Experimentation Insurance Modeling 140

Ontotext

DECEMBER 30, 2022

This makes 2023 both a very challenging and exciting year! 9 years of research, prototyping and experimentation went into developing enterprise ready Semantic Technology products. GraphDB 10 brings smarter and simpler cluster architecture enabling, among other benefits, best in class resilience and reduced infrastructure costs.

Enterprise 52

Enterprise Sales Cost-Benefit Marketing 52

CIO Business Intelligence

OCTOBER 15, 2024

But continuous deployment isn’t always appropriate for your business , stakeholders don’t always understand the costs of implementing robust continuous testing , and end-users don’t always tolerate frequent app deployments during peak usage. Platform engineering is one approach for creating standards and reinforcing key principles.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

CIO Business Intelligence

FEBRUARY 16, 2024

For most organizations, a shift to the cloud brings scalability, access to innovative tools, and the possibility of cost savings. When you’re introducing many new applications, the ease of getting them up and running and lowered costs [on the cloud] is tremendously beneficial,” he says. An early partner of Amazon, the Roseburg, N.J.-based

Digital Transformation 116

Digital Transformation Experimentation Cost-Benefit Machine Learning 116

CIO Business Intelligence

AUGUST 2, 2023

Benefits of composable architecture Embracing a composable architecture empowers your business to compose building blocks with unparalleled flexibility, opening doors to new opportunities for innovation. This gradual progression allows for seamless adaptation and continuous improvement, keeping your business at the forefront of innovation.

Cost-Benefit 98

Cost-Benefit Experimentation Digital Transformation Optimization 98

CIO Business Intelligence

JUNE 1, 2023

They may also be eager to quickly ditch new technologies that don’t provide significant benefits. Fast forward to early 2023, and our survey found that only 36% of respondents prioritized metaverse programs, instead elevating AI (79%) and digital experience (56%) as top priorities.

Marketing 98

Marketing B2B Experimentation Cost-Benefit 98

IBM Big Data Hub

DECEMBER 5, 2023

With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications. The impact of these investments will become evident in the coming years.

Unstructured Data 90

Unstructured Data Cost-Benefit Experimentation Machine Learning 90

IBM Big Data Hub

MAY 17, 2024

” Given the statistics—82% of surveyed respondents in a 2023 Statista study cited managing cloud spend as a significant challenge—it’s a legitimate concern. Most “lifted and shifted” apps can operate in a cloud environment but might not to reap the full benefits of cloud. Why move to cloud?

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

CIO Business Intelligence

DECEMBER 29, 2023

“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation. Our focus is on curating reusable data and AI insights,” she says.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

JANUARY 2, 2024

With AI being the talk of 2023, [there were questions on] how do we, as a company, handle its adoption, governance, and education about it to our employees,” he says. What benefit does AI serve to that department? He plans to scale his company’s experimental generative AI initiatives “and evolve into an AI-native enterprise” in 2024.

IT 144

IT Cost-Benefit Statistics Consulting 144

CIO Business Intelligence

JUNE 6, 2023

The implication is that while some businesses are cutting costs and many tech companies are announcing layoffs, forward-looking enterprises are investing and collaborating with startups. For example, startups are likelier to have advanced devops practices that enable continuous deployments and feature experimentation.

Key Performance Indicator 105

Key Performance Indicator Cost-Benefit Enterprise Experimentation 105

DataRobot Blog

MARCH 7, 2023

DataRobot on Azure accelerates the machine learning lifecycle with advanced capabilities for rapid experimentation across new data sources and multiple problem types. DataRobot is available on Azure as an AI Platform Single-Tenant SaaS, eliminating the time and cost of an on-premises implementation. For more information, visit [link].

Data-driven 59

Data-driven Machine Learning Experimentation Data Lake 59

CIO Business Intelligence

JULY 31, 2023

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode. This is an issue for CIOs.

Strategy 98

Strategy Risk Enterprise Risk Management 98

Ontotext

DECEMBER 30, 2022

This makes 2023 both a very challenging and exciting year! 9 years of research, prototyping and experimentation went into developing enterprise ready Semantic Technology products. GraphDB 10 brings smarter and simpler cluster architecture enabling, among other benefits, best in class resilience and reduced infrastructure costs.

Enterprise 52

Enterprise Sales Cost-Benefit Marketing 52

CIO Business Intelligence

AUGUST 17, 2023

“An IDC survey from March 2023 saw 21% of respondents say they’re already investing in generative AI this year, and a further 55% are exploring potential use cases. That said, I believe once these barriers are overcome, benefits-led implementation will be swift.” This is true across both public and independent sectors.

Risk 98

Risk Cost-Benefit Strategy Unstructured Data 98

AWS Big Data

NOVEMBER 14, 2023

With a combination of low-latency data streaming and analytics, they are able to understand and personalize the user experience via a seamlessly integrated, self-reliant system for experimentation and automated feedback. Another integration launched in 2023 is with Amazon Monitron to power predictive maintenance management.

IoT 59

IoT Data-driven Data Lake Data Strategy 59

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. 46% of survey respondents in 2024 showed a preference for open source models.

Cost-Benefit 89

Cost-Benefit Manufacturing Modeling Interactive 89

CIO Business Intelligence

OCTOBER 21, 2024

Meanwhile, Foundry found in its 2024 State of the CIO Study that 88% of CIOs said their role has become more digital and innovation focused, up from 85% in 2023. Slow progress frustrates teams and discourages future experimentation.” IT initiatives are often perceived as cost centers rather than strategic enablers.

IT 137

IT Experimentation Cost-Benefit Consulting 137

IBM Big Data Hub

SEPTEMBER 25, 2023

Presto’s cost-based query optimizer, dynamic filtering and extensibility through user-defined functions make it a versatile tool in Uber’s analytics arsenal. The cost and constraints of traditional analytics soon reached their limit, forcing Uber to look elsewhere for a solution.

OLAP 86

OLAP Data Lake Data-driven Snapshot 86