O'Reilly on Data

APRIL 30, 2024

It’s difficult to argue with David Collingridge’s influential thesis that attempting to predict the risks posed by new technologies is a fool’s errand. We ought to heed Collingridge’s warning that technology evolves in uncertain ways. It’s also about ensuring that value from AI is widely shared by preventing premature consolidation.

Risk 311

Risk Advertising Cost-Benefit Sales 311

CIO Business Intelligence

DECEMBER 30, 2024

Generative AI has seen faster and more widespread adoption than any other technology today, with many companies already seeing ROI and scaling up use cases into wide adoption. Anshu Bhardwaj, SVP and COO at Walmart Global Technology says that consumers arent the only ones who stand to benefit from mobile AI.

Software 141

Software ROI Modeling Interactive 141

CIO Business Intelligence

DECEMBER 19, 2024

As the chief research officer at IDC, I lead a global team of analysts who develop research and provide advice to help our clients navigate the technology landscape. Back in 2023, at the CIO 100 awards ceremony, we were about nine months into exploring generative artificial intelligence (genAI). We were full of ideas and possibilities.

Experimentation 97

Experimentation Cost-Benefit Enterprise Strategy 97

CIO Business Intelligence

FEBRUARY 14, 2023

We know that the Contact Center-as-a-Service (CCaaS) market is growing; an increasing number of companies are choosing this flexible model to support their CX operations, and this will continue through 2023. Cost optimization: Existing IT investments can’t be cost-effectively discarded in favor of new technology.

Statistics 98

Statistics Cost-Benefit Enterprise Modeling 98

O'Reilly on Data

NOVEMBER 28, 2023

Generative AI has been the biggest technology story of 2023. Executive Summary We’ve never seen a technology adopted as fast as generative AI—it’s hard to believe that ChatGPT is barely a year old. As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI.

Enterprise 339

Enterprise Modeling Testing Reporting 339

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 111

Metadata Snapshot Cost-Benefit Optimization 111

CIO Business Intelligence

JANUARY 9, 2023

Recruiting, retainment, and yes, adoption of lead-edge technology, are back on the radar of IT leaders. Grace Liu, senior vice president of IT for Seagate Technology, says the shifting economy can offer a chance to be opportunistic. “We How do we grow our business responsibly?” “How do we get the talent we need?

IT 145

IT Uncertainty Cost-Benefit Digital Transformation 145

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.

Visualization 119

Visualization Cost-Benefit Modeling Machine Learning 119

CIO Business Intelligence

APRIL 30, 2025

Cloud architects are responsible for managing the cloud computing architecture in an organization, especially as cloud technologies grow increasingly complex. Its an advanced job title, with cloud architects typically reporting to the IT director, CIO, CTO, or other technology executives. What does a cloud architect do?

Testing 108

Testing Cost-Benefit Optimization Software 108

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. Key strategies for resilience A handful of emerging approaches and technologies are helping CIOs deliver better risk mitigation and resilience measures.

Risk 105

Risk Risk Management Cost-Benefit Measurement 105

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It’s a hot topic, and as technologies continue to evolve at a rapid pace, the scope of the cloud continues to expand. More and more CRM, marketing, and finance-related tools use SaaS business intelligence and technology, and even Adobe’s Creative Suite has adopted the model. Table of Contents.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

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

A business objective to “arrive” more patients per hour or the CEO’s desire to leverage historical data to predict future patient volume and revenue doesn’t start with a technology discussion or spoon-feed IT a particular business strategy to execute. A CIO or CTO who wakes up thinking about technology is thinking about the wrong things.”

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. The Middle East is on the edge of a massive digital disruption.

IoT 111

IoT Strategy Cost-Benefit Digital Transformation 111

Rocket-Powered Data Science

FEBRUARY 15, 2023

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. I suggest that the simplest business strategy starts with answering three basic questions: What? (3)

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

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

Timo Elliott

MAY 8, 2023

It monitors sensors and indicators powered by IoT, machine learning, and digital twin technology in real-time, in the form of graphs, geographical maps, and advanced analytics of equipment and systems. The outcomes are really impressive.

IoT 104

IoT Cost-Benefit Machine Learning Risk 104

CIO Business Intelligence

NOVEMBER 13, 2024

So for all its vaunted benefits to efficiency, gen AI doesn’t always reduce workloads. These technologies can produce more content that everyone needs to consume and be aware of,” says Anita Woolley, professor at Carnegie Mellon University. But adopting the technology is helping the company move forward, she says.

IT 141

IT Consulting ROI Cost-Benefit 141

CIO Business Intelligence

NOVEMBER 14, 2024

Challenge: Employee hiring and retention Today’s employees have increasingly high expectations around corporate values, culture, flexibility, and available technology. 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. And they are making progress.

IT 64

IT Cost-Benefit Manufacturing Sales 64

CIO Business Intelligence

SEPTEMBER 5, 2024

Is it a lack of the right technology for enabling security operations? Most problems stem from a complex mix of people, process, and technology deficiencies, but pinpointing their sources can be a real challenge. Is it inefficient processes that hamper communication within security teams?

Technology 116

Technology Metrics Cost-Benefit Marketing 116

IBM Big Data Hub

NOVEMBER 6, 2023

When developers first started using serverless technology, they were mostly only using it for Function-as-a-Service, or FaaS. Recently, we’ve seen serverless expand far beyond FaaS: there is a lot more value by using this technology for more large-scale, compute-intensive workloads.

Technology 115

Technology Data-driven Cost-Benefit Dashboards 115

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. 3) Artificial Intelligence.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

datapine

DECEMBER 11, 2019

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. Artificial Intelligence (AI) technologies are becoming more widespread; it’s becoming a game-changer worth $15.7 Migration to PaaS.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

Smart Data Collective

JANUARY 30, 2023

Every year, we hear new stories about how artificial intelligence technology is becoming more integral to the marketing profession. However, there are other benefits of AI in marketing that get less publicity. AI technology is the backbone of many modern marketing strategies. One of them is the use of AI in PPC marketing.

Advertising 116

Advertising Cost-Benefit Marketing Strategy 116

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

Timo Elliott

NOVEMBER 30, 2022

My role was to talk about the trends and opportunities for 2023, for customers, SAP, and our partners. IDC calls it the Future Enterprise , Forrester talks about Future Fit organizations, and Gartner explains the benefits of the Composable Enterprise. And then on top of that foundation, we offer the SAP Business Technology Platform.

Recreation/Entertainment 98

Recreation/Entertainment Metadata Data Warehouse Cost-Benefit 98

Smart Data Collective

JULY 4, 2023

Last year, the World Meteorological Association reported that AI technology is playing an increasingly more important role in disaster management. It is easy to see why this is an important topic of conversation in 2023. Fortunately, AI technology can help mitigate some of these issues.

Technology 97

Technology Data-driven Software Measurement 97

Smart Data Collective

MARCH 23, 2023

You have probably read a lot about the major changes brought on by AI technology in recent months. Many people have called 2023 “the year of AI.” For example, ChatGPT recently The Independent said that the technology is starting to show signs that it can think like humans.

Software 142

Software Strategy Cost-Benefit Testing 142

Smart Data Collective

JULY 31, 2022

Modern investors have a difficult time retaining a competitive edge without having the latest technology at their fingertips. Predictive analytics technology has become essential for traders looking to find the best investing opportunities. We have talked about a lot of the benefits of using predictive analytics in finance.

Predictive Analytics 145

Predictive Analytics Analytics Uncertainty Forecasting 145

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 105

Metadata Data Lake Snapshot Data Warehouse 105

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. re:Invent is a learning conference organized by AWS for the global cloud computing community.

Data-driven 105

Data-driven Machine Learning Data Lake Cost-Benefit 105

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. The technology is not a good fit for everyone, though. Any capture is good.

Cost-Benefit 116

Cost-Benefit Enterprise Technology Reporting 116

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

CIO Business Intelligence

JANUARY 26, 2023

IT leaders seeking to drive enterprise growth through technology investments are often saddled with budgets that make their tasks of increasing the top and bottom lines challenging. The year 2023 seems to be no different. on average for 2023, research firm Gartner points to a projected 6.5%

IT 138

IT Cost-Benefit Finance Consulting 138

CIO Business Intelligence

AUGUST 15, 2024

Many of those gen AI projects will fail because of poor data quality, inadequate risk controls, unclear business value , or escalating costs , Gartner predicts. Gen AI projects can cost millions of dollars to implement and incur huge ongoing costs, Gartner notes. For example, a gen AI virtual assistant can cost $5 million to $6.5

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

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

AUGUST 29, 2024

According to IDC’s North American Tools/Vendors Consolidation Survey (November 2023), organizations plan to add even more security tools to their arsenals over time. Unnecessary costs: Every tool requires a subscription or upfront cost along with maintenance and upgrades, integrations, and training. The short answer is “no.”

Cost-Benefit 124

Cost-Benefit Enterprise Software Marketing 124