CIO Business Intelligence

OCTOBER 3, 2024

From budget allocations to model preferences and testing methodologies, the survey unearths the areas that matter most to large, medium, and small companies, respectively. Medium companies Medium-sized companies—501 to 5,000 employees—were characterized by agility and a strong focus on GenAI experimentation.

Testing 124

Testing Cost-Benefit Experimentation Risk 124

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 129

Experimentation Data mining Reporting Data Processing 129

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 96

Technology Experimentation Cost-Benefit ROI 96

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 108

ROI Data-driven Enterprise Experimentation 108

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. In some cases, the AI add-ons will be subscription models, like Microsoft Copilot, and sometimes, they will be free, like Salesforce Einstein, he says. Gartner’s new 2025 IT spending projection , of $5.75

IT 132

IT Data-driven Recreation/Entertainment Experimentation 132

CIO Business Intelligence

OCTOBER 1, 2024

Nearly half of AI decision-makers say their organizations expect ROI on AI investments within one to three years, while another 44% expect a longer timeframe, according to Forrester’s Q2 AI Pulse Survey, 2024. And once you have a proof of concept, a working model, then expand.

ROI 130

ROI IT Measurement Experimentation 130

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

Cloudera

OCTOBER 8, 2024

This service supports a range of optimized AI models, enabling seamless and scalable AI inference. By 2023, the focus shifted towards experimentation. Enterprise developers began exploring proof of concepts (POCs) for generative AI applications, leveraging API services and open models such as Llama 2 and Mistral.

Optimization 74

Optimization Experimentation Metrics Modeling 74

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 106

Experimentation Machine Learning Technology Modeling 106

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 134

Forecasting Experimentation Risk Consulting 134

CIO Business Intelligence

JANUARY 19, 2024

According to data from PayScale, $99,842 is the average base salary for a data scientist in 2024. The certification consists of several exams that cover topics such as machine learning, natural language processing, computer vision, and model forecasting and optimization.

Data Science 126

Data Science Machine Learning Predictive Modeling Experimentation 126

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. You can’t just go to an IT organization and ask them to build an AI model for retirement planning. This is the most complex ecosystem I have seen.”

Machine Learning 115

Machine Learning Experimentation Digital Transformation Modeling 115

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 130

Digital Transformation Experimentation Cost-Benefit Risk 130

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 should also weigh in on roles and responsibilities and oversee defining a governance model to avoid overloading individuals or ending up with responsibility gaps.

Enterprise 142

Enterprise Testing Business Objectives Experimentation 142

CIO Business Intelligence

MAY 14, 2024

During the second phase, NLP and ML models created and trained by the King County Department of IT extract the pertinent information from these digitized reports. The ML models include classic ML and deep learning to predict category labels from the narrative text in reports.

Deep Learning 89

Deep Learning Machine Learning Reporting Experimentation 89

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 104

Experimentation Digital Transformation Risk Management Risk 104

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. Release an updated data viz, then automate a regression test.

Digital Transformation 145

Digital Transformation Data Governance Experimentation Machine Learning 145

CIO Business Intelligence

APRIL 12, 2024

Together, the two projects earned Tractor Supply a 2024 CIO 100 Award for IT leadership and innovation. As part of the rollout, each store is upgraded with an edge computing solution that leverages a container solution for point-of-sale devices, the management of security cameras, AI voice communications, and AI models with computer vision.

Experimentation 114

Experimentation Sales Digital Transformation Metrics 114

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. Creating new business models Gen AI is also unique in that it can generate useful business models.

Cost-Benefit 118

Cost-Benefit Sales Modeling Experimentation 118

CIO Business Intelligence

MARCH 10, 2022

Fujitsu remains very much interested in the mainframe market, with a new model still on its roadmap for 2024, and a move under way to “shift its mainframes and UNIX servers to the cloud, gradually enhancing its existing business systems to optimize the experience for its end-users.”

Sales 129

Sales Testing Experimentation Data Processing 129

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. IDC projects that spend on AI technologies will surpass $200 billion by 2024. billion models on our cloud platform. Additionally, we’re announcing our acquisition of Algorithmia , a leader in MLOps. .

Machine Learning 98

Machine Learning Experimentation Modeling Forecasting 98

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. Consider the following: Do you need a public foundation model? times higher ROI.

Enterprise 96

Enterprise ROI Risk Strategy 96

AWS Big Data

JANUARY 9, 2024

Traditional lexical search, based on term frequency models like BM25, is widely used and effective for many search applications. Semantic search In semantic search, the search engine uses an ML model to encode text or other media (such as images and videos) from the source documents as a dense vector in a high-dimensional vector space.

Visualization 105

Visualization Cost-Benefit Modeling Machine Learning 105

IBM Big Data Hub

APRIL 18, 2024

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

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.

Forecasting 52

Forecasting Data-driven Experimentation Risk 52

IBM Big Data Hub

DECEMBER 14, 2023

Another year has passed—it felt like the whole world was talking about and trying out tools powered by generative AI and Large Language Models (LLMs). The extension of the CIO office’s dedicated data center to the IBM public cloud allowed for experimentation and growth with zero risk.

Experimentation 65

Experimentation Testing Software Management 65

Data Science 101

OCTOBER 15, 2023

Not just because we use their excellent GPUs for simulation and modeling of quantum computing, but because they are partnering with major vendors to ensure these kinds of hybrid systems are built with the most powerful and collaborative configurations. They extend rather than replace what we have. QPUs, GPUs, CPUs, you name it.

Risk 107

Risk Marketing Consulting Technology 107

AWS Big Data

SEPTEMBER 13, 2024

map(tostring) | join(",")') Create the cluster: eksctl create cluster --name bpg-cluster --region " $AWS_REGION " --vpc-public-subnets " $DEFAULT_FOR_AZ_SUBNET " --with-oidc --ssh-access --ssh-public-key eks_publickey.pem --instance-types=m5.xlarge For example: HTTP/1.1

Management 103

Management Snapshot Cost-Benefit Testing 103

Ontotext

APRIL 3, 2024

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. So, I see two models there: the language model, unbounded and trained on general human knowledge, and the one bounded by enterprise context. Maybe later. We call it LLMs on rails.

Technology 59

Technology Risk Digital Transformation Measurement 59

CIO Business Intelligence

SEPTEMBER 10, 2024

Studies like Foundry’s 2024 State of the CIO report reveal a dramatic change in attitude. A striking 79% of surveyed CIOs now view their role as a collaborative partner in educating and guiding CEOs and boards. We envisioned harnessing this data through predictive models to gain valuable insights into various aspects of the industry.

IT 116

IT Risk Risk Management Predictive Modeling 116

CIO Business Intelligence

FEBRUARY 14, 2024

Generative AI continues to dominate IT projects for many organizations, with two thirds of business leaders telling a Harris Poll they’ve already deployed generative AI tools internally, and IDC predicting spend on gen AI will more than double in 2024. But the usual laundry list of priorities for IT hasn’t gone away.

IT 143

IT Metadata Data-driven Management 143

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. Mitigate risks by communicating an LLM governance model The generative AI landscape has more than 100 tools covering test, image, video, code, speech, and other categories.

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Experimentation 98