CIO Business Intelligence

OCTOBER 24, 2024

Noting that companies pursued bold experiments in 2024 driven by generative AI and other emerging technologies, the research and advisory firm predicts a pivot to realizing value. In addition, despite billions of dollars invested in AI infrastructure and generative AI in 2023, only 20% of businesses reported earnings benefits from AI in 2024.”

ROI 127

ROI Data-driven Enterprise Experimentation 127

CIO Business Intelligence

JANUARY 2, 2024

CIOs are readying for another demanding year, anticipating that artificial intelligence, economic uncertainty, business demands, and expectations for ever-increasing levels of speed will all be in play for 2024. Here’s what they list as their 2024 resolutions. He sees 2024 as the year to have good answers.

IT 144

IT Cost-Benefit Statistics Consulting 144

CIO Business Intelligence

NOVEMBER 11, 2024

Juntos han logrado una f inanciación de alrededor de 10 millones de euros a través de una synergy grant concedida por el Consejo Europeo de Investigación (ERC) en la convocatoria 2024.

Experimentation 115

Experimentation 115

CIO Business Intelligence

JANUARY 21, 2025

We may look back at 2024 as the year when LLMs became mainstream, every enterprise SaaS added copilot or virtual assistant capabilities, and many organizations got their first taste of agentic AI. 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

DECEMBER 29, 2023

The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Here, we detail those and others that comprise eight of the top priorities for CIOs in 2024. Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

DECEMBER 19, 2023

If CIOs don’t improve conversions from pilot to production, they may find their investors losing patience in the process and culture of experimentation. Third, in the CDO Agenda: 2024: Navigating Data and Generative AI Frontiers , 57% of respondents haven’t changed their data environments to support generative AI.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

OCTOBER 24, 2024

growth this year, with data center spending increasing by nearly 35% in 2024 in anticipation of generative AI infrastructure needs. Forrester also recently predicted that 2025 would see a shift in AI strategies , away from experimentation and toward near-term bottom-line gains. Gartner’s new 2025 IT spending projection , of $5.75

IT 133

IT Data-driven Recreation/Entertainment Experimentation 133

CIO Business Intelligence

JANUARY 25, 2024

For enterprise executives in 2024, that means right-sizing those expectations and getting to work: justifying the right use cases, forming teams, and tracking progress and ROI. After a year of frenzied experimentation and investment, executives will have to identify truly valid use cases (and ROI) for AI in 2024.

ROI 105

ROI Experimentation Sales Machine Learning 105

IBM Big Data Hub

JANUARY 16, 2024

You need to move beyond experimentation to scale. Join us in Boston for Think 2024, a unique and engaging experience that will guide you on your AI for business journey, no matter where you are on the road. Join us at the forefront of AI for business: Think 2024. You have to move fast.

Experimentation 96

Experimentation ROI Consulting Enterprise 96

Dataiku

DECEMBER 21, 2023

As we step into 2024, the AI landscape is poised for an unprecedented wave of power and transformation. 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

JANUARY 10, 2025

Enterprise technology providers will introduce agentic AI capabilities throughout 2025, enabling organizations to move from experimentation and piloting to broad-scale deployment and integration into existing workstreams, said Todd Lohr, Head of Ecosystems at KPMGs US Advisory division. However, only 12% have deployed such tools to date.

ROI 81

ROI Enterprise Broadcasting Metrics 81

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. API available to projects, Cenkl says.

Experimentation 134

Experimentation Data mining Reporting Data Processing 134

CIO Business Intelligence

DECEMBER 11, 2024

Newly released research from SASs Data and AI Pulse Survey 2024 Asia Pacific finds that only 18% of organisations can be categorised as AI leaders, where the organisation has an AI strategy and long-term investment plans in place.

ROI 59

ROI Experimentation Insurance Strategy 59

CIO Business Intelligence

SEPTEMBER 18, 2024

“Before we had this capability, every agent had to spend time post–customer call to document the issue and the resolution — the steps they took to close out the case,” says Kota, who will speak at a customer panel at Salesforce’s Dreamforce 2024 this week. Not anymore. But at this point, we have not launched any of these capabilities.”

Digital Transformation 119

Digital Transformation Experimentation Sales Software 119

CIO Business Intelligence

OCTOBER 21, 2024

CIOs now list innovation as the most important trait they need to bring to their role, according to a 2024 survey by professional services firm Deloitte — ahead of delivering top-line value and serving as change agents, two endeavors that require innovation to facilitate. Slow progress frustrates teams and discourages future experimentation.”

IT 137

IT Experimentation Cost-Benefit Consulting 137

CIO Business Intelligence

APRIL 12, 2024

Right now most organizations tend to be in the experimental phases of using the technology to supplement employee tasks, but that is likely to change, and quickly, experts say.

Experimentation 143

Experimentation Reporting Testing Statistics 143

Ontotext

JANUARY 10, 2025

Through iterative experimentation, we incrementally added new modules refining the prompts. Prompting The quality of GenAI outputs is heavily influenced by how prompts are formulated. Inspired by recent works on prompt engineering for NER 1 2 , we focused on breaking the prompt into several modules. Tang, X., & Cohan, A.

Informatics 59

Informatics Modeling Metadata Experimentation 59

CIO Business Intelligence

DECEMBER 23, 2024

A new survey of SAP customer organizations shows that, despite AI experimentation, few have implemented AI and generative AI technologies across their enterprises. There were 260 ASUG respondents and 123 UKISUG respondents, along with 246 DSAG participants from the DACH region (Germany, Austria, and Switzerland).

Experimentation 59

Experimentation Optimization Digital Transformation Manufacturing 59

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. This approach is crucial for staying competitive in a rapidly evolving digital world.

Risk 108

Risk Experimentation Testing Strategy 108

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.

Technology 98

Technology Experimentation Cost-Benefit Digital Transformation 98

CIO Business Intelligence

APRIL 29, 2024

Employees fearing job loss should take comfort in the 2024 Stanford AI Index Report , which found that while AI is gaining in capability, it can’t match humans in many complex cognitive functions, notes Daniel Barchi, CIO of CommonSpirit Health, a healthcare provider. They need to have a culture of experimentation.”

Forecasting 135

Forecasting Experimentation Risk Machine Learning 135

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. The 2024 Generative AI in Healthcare Survey brings to light the strategies and priorities influencing healthcare.

Testing 129

Testing Cost-Benefit Experimentation Risk 129

CIO Business Intelligence

OCTOBER 15, 2024

One example is how DevOps teams use feature flags, which can drive agile experimentation by enabling product managers to test features and user experience variants. CIOs may mistakenly underinvest in practices that improve user experiences, increase alignment with business stakeholders, and promote a positive developer experience.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 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% 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 Machine Learning Experimentation 145

CIO Business Intelligence

SEPTEMBER 6, 2024

In State of the CIO survey 2024 by Foundry, over half of the respondents predicted technology budgets would increase, as organizational security needs seek an upgrade, keeping pace with rising tech costs and investment in emerging technologies like AI. .

Digital Transformation 111

Digital Transformation Experimentation Data Processing Technology 111

CIO Business Intelligence

MAY 16, 2024

Announced at its CamundaCon 2024 event in Berlin this week, the company’s pitch for AI is that the technology will hugely simplify the steep learning curve that comes with the setup phase of many business orchestration projects. The new AI features are currently being rolled out experimentally to some customers, Camunda said.

Experimentation 111

Experimentation Machine Learning Technology Risk 111

CIO Business Intelligence

JUNE 25, 2024

The 2024 Global Workforce Hopes & Fears Survey , conducted among over 56,000 workers in 50 countries, revealed that a surprising 28% of respondents are likely to switch employers within the next year.

Uncertainty 122

Uncertainty Reporting Experimentation Technology 122

CIO Business Intelligence

JANUARY 19, 2024

According to data from PayScale, $99,842 is the average base salary for a data scientist in 2024. You should also have experience with pattern detection, experimentation in business optimization techniques, and time-series forecasting. and SAS Text Analytics, Time Series, Experimentation, and Optimization.

Data Science 126

Data Science Machine Learning Predictive Modeling Forecasting 126

CIO Business Intelligence

SEPTEMBER 30, 2024

One of three finalists for the prestigious 2024 MIT CIO Leadership Award, Bell led the development of a proprietary data and analytics platform on AWS that enables the company to serve critical data to Medicare and other state and federal agencies as well as the Bill and Melinda Gates Foundation.

Data Quality 116

Data Quality Experimentation Insurance Statistics 116

Dataiku

FEBRUARY 21, 2025

At Dataiku Product Days 2024, Franois Sergot , product manager at Dataiku specializing in XOps, and Chris Helmus , senior sales engineer at Dataiku, tackled a critical challenge: how to move AI projects beyond experimentation and into reliable, scalable production.

Experimentation 52

Experimentation Sales Management 52

CIO Business Intelligence

DECEMBER 19, 2024

IDCs Sustainability Readiness Survey 2024 shows that the top 2 areas of ESG/sustainability-related investment for organizations are IT infrastructure efficiency assessments and investments (cited by 41.9% of survey respondents) and circular economy implementations (40.2%).

IT 52

IT IoT Machine Learning Optimization 52

CIO Business Intelligence

JULY 2, 2024

Recently, MENA and Central Asian telecoms stakeholders came together at a roundtable during MWC Shanghai 2024, the leading connectivity event in Asia Pacific. This requires a forward-looking, flexible regulatory framework that encourages experimentation, promotes interoperability, and protects consumers’ rights.

Experimentation 105

Experimentation Digital Transformation Risk Management Risk 105

CIO Business Intelligence

MAY 10, 2024

JSOC, which TIAA opted to build in-house because existing commercial products did not have all the tools needed, has earned TIAA a 2024 CIO 100 Award for IT innovation and leadership. “The simplification of these complex customer journeys helps instill confidence in our participants,” he says.

Machine Learning 116

Machine Learning Experimentation Digital Transformation Modeling 116

CIO Business Intelligence

APRIL 12, 2024

Together, the two projects earned Tractor Supply a 2024 CIO 100 Award for IT leadership and innovation. The use of AI in the retail sector is in the experimental stage, and many retailers have gotten only as far as using AI-powered chatbots on websites, Kodali adds.

Experimentation 116

Experimentation Sales Digital Transformation Machine Learning 116

CIO Business Intelligence

AUGUST 1, 2023

The impact of generative AIs, including ChatGPT and other large language models (LLMs), will be a significant transformation driver heading into 2024. There are three departments where CIOs must partner with their CHROs and CISOs in communicating policy and creating a governance model that supports smart experimentation.

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Data Science 98

CIO Business Intelligence

SEPTEMBER 10, 2024

Studies like Foundry’s 2024 State of the CIO report reveal a dramatic change in attitude. By adopting a lean startup approach, organizations can balance experimentation with risk mitigation. Until recently, technology was often seen as a mere expense rather than a catalyst for innovation and business growth.

IT 122

IT Risk Risk Management Predictive Modeling 122