CIO Business Intelligence

OCTOBER 3, 2024

Rather than pull away from big iron in the AI era, Big Blue is leaning into it, with plans in 2025 to release its next-generation Z mainframe , with a Telum II processor and Spyre AI Accelerator Card, positioned to run large language models (LLMs) and machine learning models for fraud detection and other use cases.

Machine Learning 134

Machine Learning Experimentation Insurance Modeling 134

CIO Business Intelligence

SEPTEMBER 6, 2023

Since ChatGPT’s release in November of 2022, there have been countless conversations on the impact of similar large language models. The use of AI-generated code is still in an experimental phase for many organizations due to numerous uncertainties such as its impact on security, data privacy, copyright, and more.

Software 119

Software Experimentation Risk Uncertainty 119

CIO Business Intelligence

JUNE 21, 2024

Released in May 2023, the project — which garnered MITRE a 2024 CIO 100 Award for IT leadership and innovation — is integrated with MITRE’s 65-year-old knowledge base and tools, and has been put into production by more than 60% of its 10,000-strong workforce.

Experimentation 130

Experimentation Data mining Reporting Data Processing 130

CIO Business Intelligence

SEPTEMBER 12, 2024

While his statement long predates the incredible generative AI explosion of 2023, his point is even more relevant in the case of free online generative AI tools. Generative AI models can perpetuate and amplify biases in training data when constructing output. Models can produce material that may infringe on copyrights.

Experimentation 111

Experimentation Risk Cost-Benefit Strategy 111

DataRobot Blog

MARCH 8, 2023

Leveraging DataRobot’s JDBC connectors, enterprise teams can work together to train ML models on their data residing in SAP HANA Cloud and SAP Data Warehouse Cloud, as well as have an option to enrich it with data from external data sources.

Enterprise 105

Enterprise Experimentation Machine Learning Data Science 105

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. Luckily, many are expanding budgets to do so. “94%

Digital Transformation 142

Digital Transformation Unstructured Data Machine Learning Risk Management 142

CIO Business Intelligence

MAY 21, 2024

With the generative AI gold rush in full swing, some IT leaders are finding generative AI’s first-wave darlings — large language models (LLMs) — may not be up to snuff for their more promising use cases. With this model, patients get results almost 80% faster than before. It’s fabulous.”

IT 130

IT Cost-Benefit Experimentation Forecasting 130

CIO Business Intelligence

NOVEMBER 4, 2024

IDC, for instance, recommends the NIST AI Risk Management Framework as a suitable standard to help CIOs develop AI governance in house, as well as EU AI ACT provisions, says Trinidad, who cites best practices for some aspects of AI governance in “ IDC PeerScape: Practices for Securing AI Models and Applications.” The challenges? “AI

Uncertainty 131

Uncertainty Cost-Benefit Risk Experimentation 131

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. However, developing these conceptual models for better data interpretation from scratch for each solution can be slow, expensive and risky.

Enterprise 52

Enterprise Sales Cost-Benefit Marketing 52

CIO Business Intelligence

MAY 1, 2024

Gen AI takes us from single-use models of machine learning (ML) to AI tools that promise to be a platform with uses in many areas, but you still need to validate they’re appropriate for the problems you want solved, and that your users know how to use gen AI effectively. Pilots can offer value beyond just experimentation, of course.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

CIO Business Intelligence

APRIL 25, 2023

A transformer is a type of AI deep learning model that was first introduced by Google in a research paper in 2017. Five years later, transformer architecture has evolved to create powerful models such as ChatGPT. Meanwhile, however, many other labs have been developing their own generative AI models.

Experimentation 114

Experimentation Deep Learning Enterprise Modeling 114

CIO Business Intelligence

AUGUST 15, 2024

Operating profit gains from AI doubled to nearly 5% between 2022 and 2023, with the figure expected to reach 10% by 2025, she adds. When we do planning sessions with our clients, two thirds of the solutions they need don’t necessarily fit the generative AI model.

ROI 142

ROI Cost-Benefit Experimentation Deep Learning 142

IBM Big Data Hub

MAY 25, 2023

The Center of Excellence (CoE) already has more than 1,000 consultants with specialized generative AI expertise that are engaging with a global set of clients to drive productivity in IT operations and core business processes like HR or marketing, elevate their customer experiences and create new business models.

Consulting 99

Consulting Experimentation Machine Learning Modeling 99

CIO Business Intelligence

AUGUST 14, 2024

Microsoft itself claims half of Fortune 500 companies use its Copilot tools and the number of daily users doubled in Q4 2023, although without saying how widely they’re deployed in those organizations. It’s embedded in the applications we use every day and the security model overall is pretty airtight. That’s risky.”

Enterprise 135

Enterprise Cost-Benefit Experimentation Modeling 135

CIO Business Intelligence

MARCH 7, 2023

While digital initiatives and talent are the board directors’ top strategic business priorities in 2023-2024, IT spending is forecasted to grow by only 2.4% CIOs should consider technologies that promote their hybrid working models to replace in-person meetings. Release an updated data viz, then automate a regression test.

Digital Transformation 145

Digital Transformation Data Governance Experimentation Machine Learning 145

Cloudera

OCTOBER 8, 2024

This service supports a range of optimized AI models, enabling seamless and scalable AI inference. By 2023, the focus shifted towards experimentation. Enterprise developers began exploring proof of concepts (POCs) for generative AI applications, leveraging API services and open models such as Llama 2 and Mistral.

Optimization 74

Optimization Experimentation Metrics Modeling 74

Dataiku

MARCH 25, 2024

This scenario is not science fiction but a glimpse into the capabilities of Multimodal Large Language Models (M-LLMs), where the convergence of various modalities extends the landscape of AI. But instead, a machine seamlessly identifies the scene and its location, provides a detailed description, and even suggests nearby attractions.

Visualization 132

Visualization Modeling Experimentation Testing 132

CIO Business Intelligence

APRIL 29, 2024

They need to have a culture of experimentation.” The same Gartner forecast, using survey results from late 2023, found that 55% percent of all companies planned to deploy AI or machine learning tools by the end of this year. CIOs should be “change agents” who “embrace the art of the possible,” he says.

Forecasting 134

Forecasting Experimentation Risk Consulting 134

CIO Business Intelligence

JULY 3, 2023

But the rise of large language models (LLMs) is starting to make true knowledge management (KM) a reality. These models can extract meaning from digital data at scale and speed beyond the capabilities of human analysts. Data exists in ever larger silos, but real knowledge still resides in employees.

Management 105

Management Experimentation Modeling Enterprise 105

CIO Business Intelligence

MAY 10, 2024

One analyst says a solution like JSOC that uses both generative AI and machine learning models and is built in collaboration with customer service teams is ahead of the pack in an era still dominated by AI experimentation. You can’t just go to an IT organization and ask them to build an AI model for retirement planning.

Machine Learning 115

Machine Learning Experimentation Digital Transformation Modeling 115

CIO Business Intelligence

OCTOBER 15, 2024

According to the State of DevOps Report 2023 , only 18% of organizations achieved elite performance by deploying on demand, having a 5% change failure rate, and recovering from any failed deployment in under an hour.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

CIO Business Intelligence

FEBRUARY 16, 2024

The cloud-native advantage ADP’s aggressive, early digital transformation has paid off nicely: Its expanded HCM portfolio is served to more than 1 million customers globally, up from 800,000 several years ago, with revenues at $18 billion in fiscal year 2023, up from $13 billion five years prior.

Digital Transformation 115

Digital Transformation Experimentation Cost-Benefit Machine Learning 115

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).

IT 139

IT Experimentation Cost-Benefit Metrics 139

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 140

Risk Manufacturing Enterprise Technology 140

CIO Business Intelligence

MAY 14, 2024

In 2023, King County reported about 1,300 fatal drug overdoses. During the second phase, NLP and ML models created and trained by the King County Department of IT extract the pertinent information from these digitized reports. King County’s NLP model was based on BERT, an advanced large language model (LLM).

Deep Learning 90

Deep Learning Machine Learning Reporting Experimentation 90

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

CIO Business Intelligence

OCTOBER 24, 2024

As they look to operationalize lessons learned through experimentation, they will deliver short-term wins and successfully play the gen AI — and other emerging tech — long game,” Leaver said. They predicted more mature firms will seek help from AI service providers and systems integrators.

ROI 110

ROI Data-driven Enterprise Experimentation 110

CIO Business Intelligence

JULY 3, 2024

The stories abound about pricing increases following Broadcom’s acquisition of VMware in late 2023. For many VMware customers, the licensing model and price changes were abrupt. The subscription model is becoming the new normal for all types of products and services. A VMware licensing cost increase of 150%. An increase of 300%.

Testing 85

Testing Modeling Marketing Experimentation 85

CIO Business Intelligence

APRIL 12, 2024

Both projects were rolled out to pilot stores in late 2023, and Hey GURA was fully deployed to all 2,200-plus locations in 49 states earlier this year. The tech team uses AI machine learning operations (AI MLOps) and AI large language model operations (LLMOps) practices.

Experimentation 114

Experimentation Sales Digital Transformation Machine Learning 114

CIO Business Intelligence

NOVEMBER 2, 2023

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023. It depends on what business model you’re in.

Strategy 137

Strategy Data Processing Experimentation Optimization 137

DataRobot Blog

MARCH 7, 2023

Organizations that want to prove the value of AI by developing, deploying, and managing machine learning models at scale can now do so quickly using the DataRobot AI Platform on Microsoft Azure. Models trained in DataRobot can also be easily deployed to Azure Machine Learning, allowing users to host models easier in a secure way.

Data-driven 59

Data-driven Machine Learning Experimentation Data Lake 59

IBM Big Data Hub

DECEMBER 15, 2023

When AI algorithms, pre-trained models, and data sets are available for public use and experimentation, creative AI applications emerge as a community of volunteer enthusiasts builds upon existing work and accelerates the development of practical AI solutions.

Deep Learning 64

Deep Learning Experimentation Machine Learning Risk 64

AWS Big Data

AUGUST 21, 2023

For the demo, we’re using the Amazon Titan foundation model hosted on Amazon Bedrock for embeddings, with no fine tuning. If you are interested in exploring the multi-modal model, please reach out to your AWS specialist. With OpenSearch’s Search Comparison Tool , you can compare the different approaches.

Data Processing 96

Data Processing Visualization Experimentation Metrics 96

CIO Business Intelligence

JULY 27, 2023

With the ability to instantaneously ingest reams of data using large language models (LLMs), generative AI technologies such as OpenAI’s ChatGPT and Google’s Bard can produce reports, contracts, and application code far surpassing earlier technologies in speed, accuracy, and thoroughness. If anything, 5% is conservative.

IT 96

IT Insurance Strategy Risk 96

CIO Business Intelligence

JULY 7, 2023

Improving employee productivity and collaboration is a top business objective, according to the 2023 Foundry Digital Business Study. They are expected to make smarter and faster decisions using data, analytics, and machine learning models. Here are their top tips. Caution is king, however.

Measurement 120

Measurement Experimentation Risk Enterprise 120

CIO Business Intelligence

JUNE 6, 2023

And the market for doing so remains robust for corporations looking to make the most of the model. CIOs should define a specialized co-creation model , optimized for collaborating with startups, that can be very different from their in-house development strategies and partnerships with larger service providers.

Key Performance Indicator 105

Key Performance Indicator Cost-Benefit Enterprise Experimentation 105

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. How has, say, ChatGPT hit your business model?”

Strategy 98

Strategy Risk Enterprise Risk Management 98