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. and is now generally available with version 2.9.

Visualization 118

Visualization Cost-Benefit Modeling Machine Learning 118

CIO Business Intelligence

JANUARY 21, 2025

times compared to 2023 but forecasts lower increases over the next two to five years. It created fragmented practices in the interest of experimentation, rapid learning, and widespread adoption and it paid back productivity dividends in many areas. AI at Wharton reports enterprises increased their gen AI investments in 2024 by 2.3

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

CIO Business Intelligence

SEPTEMBER 6, 2023

Members of VMware’s Tanzu Vanguard community, who are expert practitioners at companies across different industries, provided their perspectives on how technologies such as Generative AI are impacting software development and technology decisions. Therefore, the technology will only be as good as the data provided.

Software 119

Software Risk Experimentation Data Lake 119

CIO Business Intelligence

JUNE 21, 2024

Its researchers have long been working with IBM’s Watson AI technology, and so it would come as little surprise that — when OpenAI released ChatGPT based on GPT 3.5 in late November 2022 — MITRE would be among the first organizations looking to capitalize on the technology, launching MITREChatGPT a month later.

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. I wrote in Driving Digital , “Digital transformation is not just about technology and its implementation.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

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. Transition from daily standups to hybrid virtual ceremonies.

Digital Transformation 145

Digital Transformation Data Governance Machine Learning Experimentation 145

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. We created four unique capabilities within the technology department.

Metrics 64

Metrics Enterprise Cost-Benefit Experimentation 64

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. Meanwhile, “traditional” AI technologies in use at the time, including machine learning, deep learning, and predictive analysis, continue to prove their value to many organizations, he says.

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

CIO Business Intelligence

NOVEMBER 15, 2022

But released the next day, the 2023 Gartner CIO and Technology Executive Survey revealed that EMEA-based CIOs expect IT budgets to increase 4.4% Invest in AI augmentation: Employees require tools and technologies that empower them and increase the impact of their work. global inflation rate.

Digital Transformation 143

Digital Transformation Machine Learning Experimentation Data-driven 143

CIO Business Intelligence

JUNE 25, 2024

A growing number of workers worldwide are considering changing employers within the next year due to rising workloads and the rapid pace of technological change, surpassing the levels seen during the “Great Resignation” of 2022, a report by PwC said. Technology is fundamentally changing the way work gets done and the skills employers seek.

Uncertainty 122

Uncertainty Reporting Experimentation Technology 122

CIO Business Intelligence

APRIL 25, 2023

Over the last few months, both business and technology worlds alike have been abuzz about ChatGPT, and more than a few leaders are wondering what this AI advancement means for their organizations. years to ChatGPT (November 2022), and only 4 months to GPT-4 (March 2023). It was 2 years from GPT-2 (February 2019) to GPT-3 (May 2020), 2.5

Experimentation 116

Experimentation Deep Learning Enterprise Modeling 116

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

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

CIO Business Intelligence

JANUARY 25, 2024

The AI hype cycle has peaked: Tens of thousands of companies helped get it there with generative AI in 2023, with two-thirds now reporting they have deployed GAI tools to their workforce. Leverage AI to put IT efficiency into overdrive ChatGPT’s release in 2022 kicked off an unprecedented hype cycle for the new technology.

ROI 105

ROI Experimentation Sales Machine Learning 105

CIO Business Intelligence

JANUARY 24, 2025

The scope of its efforts so far is demonstrated by its shift into lower-carbon businesses, power trading, and convenience stores, which represented just 3% of its investment in 2019 but 23% in 2023. The reality for a company of bps size and history is that there are different levels of technology maturity in different areas of the business.

Digital Transformation 59

Digital Transformation B2B Testing Experimentation 59

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

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. Now, on to our personal highlights of 2023… Frederic AI – Last year in December, the buzz surrounding AI was palpable. Its goal is to advance open, safe and responsible AI. Quite fascinating.

Experimentation 65

Experimentation Testing Software Management 65

Dataiku

DECEMBER 21, 2023

An article from The Economist titled, “Generative AI Will Go Mainstream in 2024” postulates that 2024 will be the year enterprise adoption of the technology will truly take off.

Experimentation 83

Experimentation Enterprise Technology IT 83

CIO Business Intelligence

OCTOBER 21, 2024

Meanwhile, Foundry found in its 2024 State of the CIO Study that 88% of CIOs said their role has become more digital and innovation focused, up from 85% in 2023. Slow progress frustrates teams and discourages future experimentation.” Anytime there’s an evolution of technology, AI being the one we’re living through now, we get enamored.

IT 137

IT Experimentation Cost-Benefit Consulting 137

CIO Business Intelligence

OCTOBER 17, 2024

] Forty-one percent of organizations adopted and used digital platforms for all or most functions in 2024, compared with just 26% in 2023, according to IDC’s May 2024 Future Enterprise Resiliency and Spending Survey, Wave 5. These technologies often do not undergo a complete vetting process, are not inventoried, and stay under the radar.

Risk 108

Risk Experimentation Testing Strategy 108

CIO Business Intelligence

APRIL 29, 2024

The CIO as AI champion and coach The employee concerns voiced in the survey suggest that CIOs need to be advocates for AI within their organizations, says Arun Chandrasekaran, an analyst at Gartner focused on emerging technologies. They need to have a culture of experimentation.”

Forecasting 135

Forecasting Experimentation Risk Machine Learning 135

DataRobot Blog

MARCH 8, 2023

Enterprises can extend AI capabilities to meet their specific needs, using SAP Business Technology Platform. 16 th and on-demand Visit datarobot.com/partners/technology-partners/sap DataRobot Launch Event From Vision to Value. You can learn more about today’s DataRobot and SAP announcements here: Attend SAP DataUnleashed – Mar.

Enterprise 105

Enterprise Experimentation Machine Learning Data Science 105

CIO Business Intelligence

OCTOBER 3, 2024

It’s not the technologies they use. billion in 2023 — with periodic spikes whenever IBM has introduced a new mainframe generation, Gartner claims. It’s a natural fit and will be interesting to see how these ensemble AI models work and what use cases will go from experimentation to production,” says Dyer.

Machine Learning 140

Machine Learning Experimentation Insurance Modeling 140

CIO Business Intelligence

MARCH 28, 2023

Cultivating innovation A sustainable leader can encourage and invest in innovative technologies and processes that promote sustainability. Here are some ways leaders can cultivate innovation: Build a culture of experimentation. Invest in technology. Provide training and education. Register today. IT Leadership

Experimentation 98

Experimentation Metrics Measurement Digital Transformation 98

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. Allowing teams to choose tools doesn’t mean each team is given free rein to select any tool they want.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

CIO Business Intelligence

APRIL 25, 2024

And at LinkedIn scale, those matchmaking processes have always relied on technology. 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

SEPTEMBER 18, 2024

The company launched Einstein GPT in 2023 , introducing generative AI into its product set, with Einstein Copilot , a conversational AI assistant, following thereafter. These are all in early-stage experimentation mode and we are evaluating whether it makes sense for us.

Digital Transformation 119

Digital Transformation Experimentation Sales Software 119

IBM Big Data Hub

MAY 25, 2023

Our CoE is ready to help accelerate our clients’ business transformations with enterprise-grade AI, including the newly announced IBM watsonx , as well as technology from our ecosystem of business partners. The CoE is off to a fast start.

Consulting 99

Consulting Machine Learning Experimentation Modeling 99

CIO Business Intelligence

SEPTEMBER 12, 2024

The familiar narrative illustrates the double-edged sword of “shadow AI”—technologies used to accomplish AI-powered tasks without corporate approval or oversight, bringing quick wins but potentially exposing organizations to significant risks. Establish continuous training emphasizing ethical considerations and potential risks.

Experimentation 111

Experimentation Risk Cost-Benefit Strategy 111

CIO Business Intelligence

FEBRUARY 16, 2024

But about 10 years ago when they shifted towards being more of a technology services provider, they became a HCM service provider. Still, ADP’s long-term experimentation with AI also includes use of Microsoft’s OpenAI Service and Databricks’ AI platforms, Nagrath says. We are so early in the game and doing a lot of experimentation.

Digital Transformation 116

Digital Transformation Experimentation Cost-Benefit Machine Learning 116

CIO Business Intelligence

JUNE 1, 2023

In a testament to its growing importance, 80% of marketers have experimented with or deployed the burgeoning technology, in some cases redirecting budgets from last year’s forays into the metaverse. In fact, 9 in 10 marketers surveyed remain eager to learn about and deploy new technologies.

Marketing 98

Marketing B2B Experimentation Cost-Benefit 98

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. Virgin Atlantic VP technology and transformation Gary Walker suggests organizations start there.

Enterprise 136

Enterprise Cost-Benefit Experimentation Modeling 136

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. growth experienced in 2022.

Strategy 140

Strategy Data Processing Experimentation Optimization 140

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 131

IT Cost-Benefit Experimentation Forecasting 131

CIO Business Intelligence

JULY 7, 2023

Improving employee productivity and collaboration is a top business objective, according to the 2023 Foundry Digital Business Study. Zero Trust encompasses a variety of technologies and practices that IT teams can use to streamline access to information for authorized individuals. Caution is king, however.

Measurement 122

Measurement Risk Experimentation Enterprise 122

CIO Business Intelligence

APRIL 12, 2024

With information about products and availability constantly changing, Tractor Supply sees Hey GURA as a “knowledge base and a training platform,” says Rob Mills, chief technology, digital commerce, and strategy officer at Tractor Supply. It’s always been an expensive technology,” she adds.

Experimentation 116

Experimentation Sales Digital Transformation Machine Learning 116

CIO Business Intelligence

JANUARY 2, 2024

This approach is vital for staying competitive and responsive in an era where technological advancements, particularly in AI, are rapid and transformative.” With AI being the talk of 2023, [there were questions on] how do we, as a company, handle its adoption, governance, and education about it to our employees,” he says.

IT 144

IT Cost-Benefit Statistics Consulting 144