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If 2023 was the year of AI discovery and 2024 was that of AI experimentation, then 2025 will be the year that organisations seek to maximise AI-driven efficiencies and leverage AI for competitive advantage. Primary among these is the need to ensure the data that will power their AI strategies is fit for purpose.
times compared to 2023 but forecasts lower increases over the next two to five years. Why should CIOs bet on unifying their data and AI practices? It created fragmented practices in the interest of experimentation, rapid learning, and widespread adoption and it paid back productivity dividends in many areas.
CIOs have the daunting task of educating it on the various flavors of this capability, and steering them to the most beneficial investments and strategies. When I joined RGA, there was already a recognition that we could grow the business by building an enterprise datastrategy. Thats a critical piece.
It’s around these four work streams that leading organizations are positioning themselves to mature their datastrategies and, in doing so, answer not only today’s AI questions but tomorrow’s. As you mature your datastrategy , remember that you have many data-driven tools at your disposal, only one of which is AI.
Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. But in 2024, CIOs will shift their focus toward responsible deployment, says Barry Shurkey, CIO at NTT Data, a digital business and IT consulting and services firm.
With data streaming, you can power data lakes running on Amazon Simple Storage Service (Amazon S3), enrich customer experiences via personalization, improve operational efficiency with predictive maintenance of machinery in your factories, and achieve better insights with more accurate machine learning (ML) models.
In 2023, King County reported about 1,300 fatal drug overdoses. This project focuses on this very classic problem of taking a highly manual process, applying some readily available kind of classic automation techniques,” says Grace Preyapongpisan, director of datastrategy and operations for the King County Department of IT.
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