CIO Business Intelligence

JULY 24, 2024

Yet, according to IDC’s March 2024 Future Enterprise Resiliency and Spending Survey, Wave 3 , 60% of organizations consider their digital infrastructure spending poorly aligned with expected business results. Key strategies for exploration: Experimentation: Conduct small-scale experiments. This phase maximizes long-term value.

Technology 98

Technology Experimentation Cost-Benefit Digital Transformation 98

CIO Business Intelligence

OCTOBER 3, 2024

Medium companies Medium-sized companies—501 to 5,000 employees—were characterized by agility and a strong focus on GenAI experimentation. Resource constraints and the need for immediate, tangible benefits are likely to have shaped their more cautious, results-focused approach.

Testing 129

Testing Cost-Benefit Experimentation Risk 129

CIO Business Intelligence

OCTOBER 15, 2024

But continuous deployment isn’t always appropriate for your business , stakeholders don’t always understand the costs of implementing robust continuous testing , and end-users don’t always tolerate frequent app deployments during peak usage.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

CIO Business Intelligence

MAY 30, 2024

According to Forrester’s 2024 predictions, 60% of skeptics will overcome their gen AI doubts by the end of the year and appreciate it for its uses in conversational assistants, and its ability to translate and synthesize content. On the cost side, however, he didn’t have to ask to buy more GPUs, because it adopted AI as-a-service.

Cost-Benefit 119

Cost-Benefit Sales Modeling Experimentation 119

CIO Business Intelligence

SEPTEMBER 10, 2024

Studies like Foundry’s 2024 State of the CIO report reveal a dramatic change in attitude. Despite this evolution, resistance to viewing technology as anything more than a cost center persists at the highest levels of organizations. However, its impact on culture must be carefully considered to maximize benefits and mitigate risks.

IT 122

IT Risk Risk Management Predictive Modeling 122

IBM Big Data Hub

MAY 17, 2024

Organizations face increased pressure to move to the cloud in a world of real-time metrics, microservices and APIs, all of which benefit from the flexibility and scalability of cloud computing. Most “lifted and shifted” apps can operate in a cloud environment but might not to reap the full benefits of cloud.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

AWS Big Data

JANUARY 9, 2024

However, not all customers who have the opportunity to benefit from k-NN have adopted it, due to the significant engineering effort and resources required to do so. This functionality was initially released as experimental in OpenSearch Service version 2.4, and is now generally available with version 2.9.

Visualization 106

Visualization Cost-Benefit Modeling Machine Learning 106

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. 46% of survey respondents in 2024 showed a preference for open source models.

Cost-Benefit 89

Cost-Benefit Manufacturing Modeling Interactive 89

AWS Big Data

SEPTEMBER 13, 2024

However, although BPG offers significant benefits, it is currently designed to work only with Spark Kubernetes Operator. This post provides a comprehensive understanding of the problem, the benefits of the gateway architecture, and the steps to implement BPG effectively. For example: HTTP/1.1

Management 104

Management Snapshot Cost-Benefit Testing 104

CIO Business Intelligence

NOVEMBER 19, 2024

According to a recent IDC study (Future Enterprise Resiliency and Spending Survey, Wave 4, IDC, April 2024), companies are conducting an average of 37 GenAI proofs of concept (POCs), with only five advancing to production. High costs Failing: The infrastructure and computational costs for training and running GenAI models are significant.

Consulting 137

Consulting Cost-Benefit Experimentation Optimization 137

CIO Business Intelligence

NOVEMBER 4, 2024

We launched the proof-of-value pilot in November 2023 and rolled it out to all team members by February 2024. AI governance is not just about protecting the enterprise from data leakage or intellectual property theft but also keeping costs in line with budgets, observers note. Here, jurisdictional imbalances are in play. “In

Uncertainty 137

Uncertainty Cost-Benefit Risk Experimentation 137

CIO Business Intelligence

JANUARY 13, 2025

Shift AI experimentation to real-world value Generative AI dominated the headlines in 2024, as organizations launched widespread experiments with the technology to assess its ability to enhance efficiency and deliver new services. Most of all, the following 10 priorities should be at the top of your 2025 to-do list.

Experimentation 140

Experimentation Strategy ROI Digital Transformation 140

CIO Business Intelligence

FEBRUARY 5, 2025

Around 60% of global CIOs believe that increased revenue alone justifies the cost of AI, and a similar proportion says time savings are sufficient to validate the investment. Also in 2024, 42% of companies reported that their gen AI initiatives have yet to deliver meaningful results.

Cost-Benefit 117

Cost-Benefit ROI Metrics Measurement 117

CIO Business Intelligence

JANUARY 15, 2025

The technology is changing quickly, so investing a lot of money in the wrong platform could end up costing a lot of money. So how do you reconcile the high failure rates of AI projects and reports of business benefit by early adopters? But, until then, itll be able to reap the benefits of its early investments. We cant wait.

Cost-Benefit 141

Cost-Benefit ROI Reporting Software 141

CIO Business Intelligence

OCTOBER 14, 2024

Focused on digitization and innovation and closely aligned with lines of business, some 40% of IT leaders surveyed in CIO.com’s State of the CIO Study 2024 characterize themselves as transformational, while a quarter (23%) consider themselves functional: still optimizing, modernizing, and securing existing technology infrastructure.

Digital Transformation 131

Digital Transformation Experimentation Cost-Benefit Risk 131

CIO Business Intelligence

APRIL 3, 2025

That shouldnt be surprising based on a Gartner study that shows by 2028, 33% of enterprise software applications will include agentic AI, up from less than 1% in 2024, enabling 15% of day-to-day work decisions to be made autonomously. It provides feedback and answers to the experimentation activities. The future of AI is agentic.

Testing 116

Testing Metrics Measurement Cost-Benefit 116

Ontotext

DECEMBER 6, 2024

Introduction While 2023 was all about ChatGPT and large language modes (LLMs), in 2024 the rage has shifted to Retrieval Augmented Generation (RAG). Building a RAG prototype is relatively easy, but making it production-ready is hard with organizations routinely getting stuck in experimentation mode. GraphDBs v 10.8

Modeling 59

Modeling Cost-Benefit Experimentation Optimization 59

CIO Business Intelligence

MARCH 6, 2025

Gartners last hype cycle for blockchain , released in July 2024, had most blockchain-related technologies moving past the peak of inflated expectations and headed into the trough of disillusionment. Lacking benefits at scale Fowler is not alone in his skepticism about blockchain. We understand why its not being taken up.

Insurance 131

Insurance Cost-Benefit Experimentation Technology 131