CIO Business Intelligence

JULY 2, 2024

The rapid proliferation of connected devices and increasing reliance on digital services have underscored the need for comprehensive cybersecurity measures and industry-wide standards to mitigate risks and protect users’ data privacy.

Experimentation 105

Experimentation Digital Transformation Risk Management Risk 105

DataRobot

JULY 27, 2021

Last fall, I penned a blog post around our Series F funding, focused on the fact that the era of experimental AI is over. AI needs to be a core part of every company’s strategy and culture, as well as a top company initiative with a focus on measurable results tied to value. . I stand by that notion wholeheartedly.

Machine Learning 98

Machine Learning Experimentation Modeling Forecasting 98

CIO Business Intelligence

FEBRUARY 21, 2023

Heineken has embraced flexible working in teams, adopting agile methodologies and introducing two products teams for more than 80 experimentations where people can learn to apply scrum and agile ways of working. “Our role is to make sure the outlets are successful, and that works back to our success as well.”

Sales 105

Sales Digital Transformation Experimentation Optimization 105

AWS Big Data

JANUARY 9, 2024

This functionality was initially released as experimental in OpenSearch Service version 2.4, Hybrid search, the combination of the two methods, gives 14% higher search relevancy (as measured by NDCG@10—a measure of ranking quality) than BM25 alone, so customers want to use hybrid search to get the best of both.

Visualization 118

Visualization Cost-Benefit Modeling Machine Learning 118

Cloudera

OCTOBER 8, 2024

By 2023, the focus shifted towards experimentation. Now, in 2024, generative AI is moving into the production phase for many companies. In 2022, the release of ChatGPT attracted over 100 million users within just two months, demonstrating the technology’s accessibility and its impact across various user skill levels.

Optimization 75

Optimization Experimentation Metrics Enterprise 75

IBM Big Data Hub

MAY 17, 2024

Cloud adoption maturity model This maturity model helps measure an organization’s cloud maturity in aggregate. Teams are comfortable with experimentation and skilled in using data to inform business decisions. Service ownership is established and distributed to self-sufficient teams.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

IBM Big Data Hub

MARCH 4, 2024

In 2024, companies confront significant disruption, requiring them to redefine labor productivity to prevent unrealized revenue, safeguard the software supply chain from attacks, and embed sustainability into operations to maintain competitiveness. This culture encourages experimentation and expertise growth.

Enterprise 96

Enterprise ROI Risk Strategy 96

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

DataRobot Blog

AUGUST 10, 2022

As ICSs develop plans to deliver around 30% more elective activity by 2024-2025 than before the pandemic, the need to retain clinical staff is paramount. This is being particularly felt by trusts as the high volume of nursing staff vacancies impacts operational delivery and patient care. Resetting urgent care performance and delivery.

Forecasting 52

Forecasting Data-driven Experimentation Risk 52

Ontotext

APRIL 3, 2024

So, this is a big driver for the outcome because when you are saving money for the business, you can measure it and see its value. Nimit Mehta: I think that 2024 is going to be a buckle-down year, but, at the same time, we’ll see a rapid explosion of experimentation. It’s not about just hitting the quarterly numbers.

Technology 45

Technology Risk Digital Transformation Measurement 45

CIO Business Intelligence

JANUARY 14, 2025

The 2024 Board of Directors Survey from Gartner , for example, found that 80% of non-executive directors believe their current board practices and structures are inadequate to effectively oversee AI. How does our AI strategy support our business objectives, and how do we measure its value?

Strategy 141

Strategy ROI Experimentation Risk 141

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

DECEMBER 23, 2024

Gen AI moved past hype and proved its worth ChatGPT and the generative AI revolution marked their second anniversary in November 2024. Kellie Romack, chief digital information officer at ServiceNow, says 2024 has taught her to embrace that reality. Romack says this 2024 lesson is influencing how she plans to work in 2025.

IT 134

IT Strategy Technology Experimentation 134

CIO Business Intelligence

NOVEMBER 19, 2024

Generative AI (GenAI) is rapidly emerging as a game changer for enterprises, but turning its potential into measurable value remains a significant challenge. This stark contrast between experimentation and execution underscores the difficulties in harnessing AI’s transformative power. Of those, just three are considered successful.

Consulting 137

Consulting Cost-Benefit Experimentation Optimization 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

Half of CFOs say they plan to cut AI funding if it doesnt show measurable ROI within a year, according to a global survey from accounts payable automation firm Basware, which included 400 CFOs and finance leaders. This requires not only selecting the right projects but also clearly defining how success can be measured.

Cost-Benefit 117

Cost-Benefit ROI Metrics Measurement 117

CIO Business Intelligence

FEBRUARY 19, 2025

If 2023 was the year of experimentation with gen AI, 2024 was when companies zeroed in on use cases and started putting pilot projects into production. The early part of 2024 was disappointing when it comes to ROI, says Traci Gusher, data and analytics leader at EY Americas. All of those measurements have increased, he adds.

ROI 137

ROI Marketing Sales Software 137

CIO Business Intelligence

MARCH 26, 2025

Collaborate with your CFO Ensure every tech investment drives measurable business outcomes and sustained long-term profits. There must be a consensus among board members and leadership to embrace experimentation understanding that trying and failing is essential for growth.

Business Objectives 98

Business Objectives Finance Digital Transformation Data-driven 98

CIO Business Intelligence

NOVEMBER 12, 2024

Measure the impact of software developers by how teams meet release commitments, promote design peer reviews, and demonstrate the impacts of experimentation. Facilitate developing self-organizing standards where team leaders, enterprise architects , and product managers promote best practices and establish design principles.

IT 140

IT Digital Transformation Management Experimentation 140