CIO Business Intelligence

JANUARY 21, 2025

times compared to 2023 but forecasts lower increases over the next two to five years. With traditional OCR and AI models, you might get 60% straight-through processing, 70% if youre lucky, but now generative AI solves all of the edge cases, and your processing rates go up to 99%, Beckley says.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

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 Risk Experimentation Data Lake 119

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 Machine Learning Experimentation 145

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 134

Experimentation Data mining Reporting Data Processing 134

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 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

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

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. Cloud maturity models (or CMMs) are frameworks for evaluating an organization’s cloud adoption readiness on both a macro and individual service level.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

CIO Business Intelligence

MARCH 19, 2025

Mark Brooks, who became CIO of Reinsurance Group of America in 2023, did just that, and restructured the technology organization to support the platform, redefined the programs success metrics, and proved to the board that IT is a good steward of the dollar. How did you educate your board about modern uses of data? Thats a critical piece.

Metrics 64

Metrics Enterprise Cost-Benefit Experimentation 64

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 140

Machine Learning Experimentation Insurance Modeling 140

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 131

IT Cost-Benefit Experimentation Forecasting 131

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

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 116

Experimentation Deep Learning Enterprise Modeling 116

CIO Business Intelligence

SEPTEMBER 18, 2024

Even as it designs 3D generative AI models for future customer deployment, CAD/CAM design giant Autodesk is “leaning” into generative AI for its customer service operations, deploying Salesforce’s Einstein for Service with plans to use Agentforce in the future, CIO Prakash Kota says.

Digital Transformation 119

Digital Transformation Experimentation Sales Software 119

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 143

ROI Cost-Benefit Experimentation Deep Learning 143

CIO Business Intelligence

DECEMBER 11, 2024

Research from IDC predicts that we will move from the experimentation phase, the GenAI scramble that we saw in 2023 and 2024, and mature into the adoption phase in 2025/26 before moving into AI-fuelled businesses in 2027 and beyond. So what are the leaders doing differently?

ROI 59

ROI Experimentation Insurance Strategy 59

Ontotext

JANUARY 10, 2025

Generative AI (GenAI) models, such as GPT-4, offer a promising solution, potentially reducing the dependency on labor-intensive annotation. Through iterative experimentation, we incrementally added new modules refining the prompts. BioRED performance Prompt Model P R F1 Price Latency Generic prompt GPT-4o 72 35 47.8

Informatics 59

Informatics Modeling Metadata Experimentation 59

The Unofficial Google Data Science Blog

APRIL 23, 2024

Experiments, Parameters and Models At Youtube, the relationships between system parameters and metrics often seem simple — straight-line models sometimes fit our data well. That is true generally, not just in these experiments — spreading measurements out is generally better, if the straight-line model is a priori correct.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

IBM Big Data Hub

DECEMBER 14, 2023

As it has become tradition , the team creating the looks back and shares the personal highlights of the year 2023. Another year has passed—it felt like the whole world was talking about and trying out tools powered by generative AI and Large Language Models (LLMs). Its goal is to advance open, safe and responsible AI.

Experimentation 65

Experimentation Testing Software Management 65

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 136

Enterprise Cost-Benefit Experimentation Modeling 136

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

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 Machine Learning Experimentation Modeling 99

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 141

Risk Manufacturing Enterprise Technology 141

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 135

Forecasting Experimentation Risk Machine Learning 135

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 116

Machine Learning Experimentation Digital Transformation Modeling 116

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

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 Cost-Benefit Experimentation Metrics 139

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 140

Strategy Data Processing Experimentation Optimization 140

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 116

Digital Transformation Experimentation Cost-Benefit Machine Learning 116

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

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 116

Experimentation Sales Digital Transformation Machine Learning 116

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 Machine Learning Experimentation 90

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

SEPTEMBER 27, 2023

Identifying worthwhile use cases Hackajob, a company that provides a platform for organizations to find and recruit IT and developer talent, began piloting generative AI models in the second half of 2022 as part of an informal research and development initiative to explore emerging technology trends.

Strategy 126

Strategy Data-driven Risk Technology 126

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 122

Measurement Risk Experimentation Enterprise 122

CIO Business Intelligence

MAY 8, 2023

The resulting project, SmarthSearch, has earned Dow a 2023 CIO 100 Award list for IT leadership and innovation, and now enables thousands of Dow chemists to discover needed molecules in minutes that once took weeks to identify. It eliminates a lot of experimentation time … and accelerates our research quite dramatically.”

Manufacturing 95

Manufacturing Experimentation Digital Transformation Technology 95

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 98

Data Processing Visualization Experimentation Metrics 98