DataRobot Blog

MARCH 8, 2023

DataRobot improves collaboration among AI teams so that they can discover and prove the value of models in business use cases through experimentation and then get models into production faster to improve how they run, grow, and optimize their business.

Enterprise 105

Enterprise Experimentation Machine Learning Data Science 105

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% Many CIOs will face a challenging year grappling with growing pressure from transformation initiatives, weekly layoff announcements, and the prospect of a recession.

Digital Transformation 145

Digital Transformation Data Governance Experimentation Machine Learning 145

CIO Business Intelligence

APRIL 25, 2023

years to ChatGPT (November 2022), and only 4 months to GPT-4 (March 2023). It is simply unaware of truthfulness, as it is optimized to predict the most likely response based on the context of the current conversation, the prompt provided, and the data set it is trained on.

Experimentation 114

Experimentation Deep Learning Enterprise Modeling 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. 1 barrier to moving forward in the cloud.

Strategy 136

Strategy Data Processing Experimentation Optimization 136

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. In 2023, it was really dominated by models with text and code,” Chandrasekaran says.

IT 130

IT Cost-Benefit Experimentation Forecasting 130

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

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

AUGUST 2, 2023

By independently selecting the most suitable technologies for each layer, organizations can optimize performance, boost scalability, and readily adapt to emerging trends, resulting in highly engaging consumer experiences. A significant advantage of composable architecture lies in its incremental and iterative approach.

Cost-Benefit 96

Cost-Benefit Experimentation Digital Transformation Optimization 96

IBM Big Data Hub

DECEMBER 5, 2023

This data tracks closely with a recent IDC Europe study that found 40% of worldwide retailers and brands are in the experimentation phase of generative AI, while 21% are already investing in generative AI implementations. The impact of these investments will become evident in the coming years. trillion on retail businesses through 2029.

Unstructured Data 90

Unstructured Data Cost-Benefit Experimentation Machine Learning 90

CIO Business Intelligence

JULY 3, 2023

The 2023 State of the CIO survey reveals that 71% of CIO respondents anticipate greater involvement in business strategy over the next three years with 85% stating they were becoming more digital- and innovation-focused. But the rise of large language models (LLMs) is starting to make true knowledge management (KM) a reality.

Management 105

Management Experimentation Modeling Enterprise 105

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. Determining the optimal level of autonomy to balance risk and efficiency will challenge business leaders,” Le Clair said.

ROI 108

ROI Data-driven Enterprise Experimentation 108

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. Organizations typically start with the most capable model for their workload, then optimize for speed and cost.

Enterprise 135

Enterprise Cost-Benefit Experimentation Modeling 135

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. Optimized: Cloud environments are now working efficiently and every new use case follows the same foundation set forth by the organdization.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 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. Adopting a strategy for single identity and access management not only assists with enforcing security policies organization-wide, but also optimizes the employee experience,” Krumova said.

Measurement 119

Measurement Experimentation Risk Enterprise 119

AWS Big Data

MAY 24, 2023

When you build your transactional data lake using Apache Iceberg to solve your functional use cases, you need to focus on operational use cases for your S3 data lake to optimize the production environment. The following examples are also available in the sample notebook in the aws-samples GitHub repo for quick experimentation.

Data Lake 90

Data Lake Snapshot Metadata Optimization 90

CIO Business Intelligence

FEBRUARY 21, 2023

Yet in 2023, the brewer faces new constraints, such as an expected recession, rising barley and energy prices, and aluminum supply chain shortages. Ing Yan says it’s already helped detect and resolve customer churn, and improve sustainability by reducing sales travel by 30% through optimal routing.

Sales 103

Sales Digital Transformation Experimentation Optimization 103

CIO Business Intelligence

DECEMBER 29, 2023

Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. To effectively address this priority, organizations must focus on developing and executing comprehensive strategies that encompass several key aspects, such as data classification, security, and resource optimization.”

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

MAY 8, 2023

So it launched a collaboration with Chemical Abstract Services (CAS), a division of the American Chemistry Society, to leverage CAS SciFinder, which, unlike generic search engines, is optimized for searching for chemical molecules from an electronic catalog of more than 200 million compounds.

Manufacturing 75

Manufacturing Experimentation Digital Transformation Technology 75

CIO Business Intelligence

JULY 3, 2024

The stories abound about pricing increases following Broadcom’s acquisition of VMware in late 2023. In the short term this might be the only practical option as the options might require both time and experimentation. HCI includes compute, storage, and hypervisor that are optimized and tested to work together.

Testing 85

Testing Modeling Marketing Experimentation 85

CIO Business Intelligence

JUNE 6, 2023

Organize frequent startup pitches and demos With venture capital investment continuing to fall in 2023 , more startups should find themselves eager to partner with enterprises, and that presents IT leaders a wealth of opportunities to improve their innovation outlook.

Key Performance Indicator 105

Key Performance Indicator Cost-Benefit Enterprise Experimentation 105

CIO Business Intelligence

OCTOBER 9, 2023

Christian Mate, CIO, Elara Caring Elara Caring CIOs have more tactical aspirations right now, especially with regard to digital initiatives, according to Gartner’s 2023 CIO and Technology Executive Agenda. Hyatt’s experimental mindset and listen-first approach are heavily applied to IT’s pursuit of innovation, he says.

Strategy 136

Strategy Technology Experimentation Testing 136

IBM Big Data Hub

JANUARY 17, 2023

In 2023, we have four entry points aligned to common data & AI stakeholder challenges. AI is no longer experimental. A data fabric architecture elevates the value of enterprise data by providing the right data, at the right time, regardless of where it resides. We are also introducing IBM Cloud Park for Data Express.

Data-driven 56

Data-driven Enterprise Data Governance Data Science 56

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

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. Significant engine optimizations made GraphDB more powerful and more efficient across a wider set of workloads.

Enterprise 52

Enterprise Sales Cost-Benefit Marketing 52

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. AGI wouldn’t just perceive its surroundings; it would understand them.

Cost-Benefit 89

Cost-Benefit Manufacturing Modeling Interactive 89

CIO Business Intelligence

JULY 3, 2023

Rick Johnson, who has been a CIO since 2011, was appointed the first-ever chief digital officer at Marvin, a manufacturer of doors and windows in January 2023. This has meant that Sezgin has embraced a culture of innovation and experimentation. He says the CDO role there “is inclusive of a typical CIO role.”

IT 112

IT Digital Transformation Strategy Technology 112

O'Reilly on Data

JULY 25, 2023

Here’s how I worked on it: I subscribed to ChatGPT Plus and used the GPT-4 model in ChatGPT (first the May 12, 2023 version, then the May 24 version) to help me with design and implementation. I found it easier to keep a single conversational flow within ChatGPT rather than switching between multiple tools.

Consulting 246

Consulting Interactive Software Metadata 246

CIO Business Intelligence

FEBRUARY 14, 2024

Introduce gen AI capabilities without thinking about data hygiene, he warns, and people will be disillusioned when they haven’t done the pre work to get it to perform optimally. At the beginning of 2023, Gartner reported only 15% of organizations already have data storage management solutions that classify and optimize data.

IT 143

IT Metadata Data-driven Management 143

IBM Big Data Hub

SEPTEMBER 25, 2023

With a few taps on a mobile device, riders request a ride; then, Uber’s algorithms work to match them with the nearest available driver and calculate the optimal price. This allowed them to focus on SQL-based query optimization to the nth degree. But the simplicity ends there. Every transaction, every cent matters.

OLAP 86

OLAP Data Lake Data-driven Snapshot 86