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

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

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. But that’s just the tip of the iceberg for a future of AI organizational disruptions that remain to be seen, according to the firm.

Experimentation 143

Experimentation Reporting Testing Statistics 143

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. We took a risk. API available to projects, Cenkl says.

Experimentation 134

Experimentation Data mining Reporting Data Processing 134

CIO Business Intelligence

APRIL 29, 2024

As organizations roll out AI applications and AI-enabled smartphones and devices, IT leaders may need to sell the benefits to employees or risk those investments falling short of business expectations. They need to have a culture of experimentation.” CIOs should be “change agents” who “embrace the art of the possible,” he says.

Forecasting 135

Forecasting Experimentation Risk Machine Learning 135

CIO Business Intelligence

OCTOBER 15, 2024

Recommendation : CIOs should adopt a risk-informed approach, understanding business, customer, and employee impacts before setting application-specific continuous deployment strategies. Shortchanging end-user and developer experiences Many DevOps practices focus on automation, such as CI/CD and infrastructure as code.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

CIO Business Intelligence

OCTOBER 3, 2024

The complexity and scale of operations in large organizations necessitate robust testing frameworks to mitigate these risks and remain compliant with industry regulations. Medium companies Medium-sized companies—501 to 5,000 employees—were characterized by agility and a strong focus on GenAI experimentation.

Testing 129

Testing Cost-Benefit Experimentation Risk 129

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% Then, often reporting to risk, compliance, or security organizations, are separate data governance teams focused on data security, privacy, and quality.

Digital Transformation 145

Digital Transformation Data Governance Machine Learning Experimentation 145

CIO Business Intelligence

SEPTEMBER 10, 2024

Studies like Foundry’s 2024 State of the CIO report reveal a dramatic change in attitude. As we navigate this terrain, it’s essential to consider the potential risks and compliance challenges alongside the opportunities for innovation. However, its impact on culture must be carefully considered to maximize benefits and mitigate risks.

IT 122

IT Risk Risk Management Predictive Modeling 122

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

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. This has led to big claims that run the risk of hype and disappointment down the line.

Experimentation 111

Experimentation Machine Learning Technology Risk 111

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

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

CIO Business Intelligence

MAY 14, 2024

Like many public health agencies across the US, the King County Medical Examiner’s Office tracks drug overdose deaths to target interventions for populations at risk and save lives. And then what’s really cool is adding on this more experimental aspect with the machine learning capability.”

Machine Learning 97

Machine Learning Deep Learning Reporting Experimentation 97

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. Employees are even calling it a trusted colleague.

Cost-Benefit 119

Cost-Benefit Sales Modeling Experimentation 119

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. Otherwise, the risks become too significant.

Enterprise 96

Enterprise ROI Risk Strategy 96

Data Science 101

OCTOBER 15, 2023

Others like Rigetti and IonQ went public early (the former risking delisting and the latter a huge SPAC). That’s going to use the various existing computing technology in and around the experimentation of this new capability. That’s a risk. QPUs, GPUs, CPUs, you name it. What can you say about the book you are writing?

Risk 107

Risk Marketing Consulting Technology 107

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. A major risk is data exposure — AI systems must be designed to align with company ethics and meet strict regulatory standards without compromising functionality.

Optimization 75

Optimization Experimentation Metrics Enterprise 75

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. Responding to COVID-19 as it mutates and continues to impact society. Resetting urgent care performance and delivery. Improving patient outcomes through a data-first approach.

Forecasting 52

Forecasting Data-driven Experimentation Risk 52

IBM Big Data Hub

DECEMBER 14, 2023

The extension of the CIO office’s dedicated data center to the IBM public cloud allowed for experimentation and growth with zero risk. We would love to hear from you and have you as our reader again in 2024. The platform supports a global footprint for disaster recovery (DR), leveraging Red Hat OpenShift.

Experimentation 65

Experimentation Testing Software Management 65

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. Nimit Mehta : You are talking about the three big ones: cost, revenue, and risk. And, when you get to the top, it’s about risks and existential threats to the business. What is risk?

Technology 45

Technology Risk Digital Transformation Measurement 45

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

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. The time for experimentation and seeing what it can do was in 2023 and early 2024. Now many are admitting they werent quite ready.

Strategy 141

Strategy ROI Experimentation Risk 141

CIO Business Intelligence

JANUARY 7, 2025

Regardless of the driver of transformation, your companys culture, leadership, and operating practices must continuously improve to meet the demands of a globally competitive, faster-paced, and technology-enabled world with increasing security and other operational risks.

Digital Transformation 143

Digital Transformation Experimentation Cost-Benefit Strategy 143

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

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 Data Science 98

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. Another factor that increases gen AI risk and costs is the “massive ‘shadow IT’ in most organizations, as employees use personal accounts to use tools like ChatGPT with company data,” Baier says.

Uncertainty 137

Uncertainty Cost-Benefit Risk Experimentation 137

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. Intellectual property risks Failing: GenAI can inadvertently use copyrighted material, leading to legal complications.

Consulting 137

Consulting Cost-Benefit Experimentation Optimization 137

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

FEBRUARY 5, 2025

Lucidworks study of gen AI investment says that in 2024, business leaders are slowing down spending to balance the benefits, costs, and risks of this relatively new technology. 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

MARCH 26, 2025

Mitigate risks and ensure cybersecurity Financial protection prevents the catastrophic losses of your business. 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

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.

ROI 137

ROI Marketing Sales Software 137

CIO Business Intelligence

JANUARY 15, 2025

Intuit has also built an orchestration layer for agentic workflows, a set of security, risk, and fraud guardrails, a user experience framework with more than 140 components, widgets and patterns, and a model garden of leading commercial and open-source LLMs, plus Intuits own custom-trained domain-specific models.

Cost-Benefit 141

Cost-Benefit ROI Reporting Software 141

CIO Business Intelligence

NOVEMBER 12, 2024

Transformational CIOs recognize the importance of IT culture in delivering innovation, accelerating business impacts, and reducing operational and security risks. Measure the impact of software developers by how teams meet release commitments, promote design peer reviews, and demonstrate the impacts of experimentation.

IT 140

IT Digital Transformation Management Experimentation 140

CIO Business Intelligence

FEBRUARY 7, 2025

This is particularly valuable in areas like market analysis, risk assessment, and resource allocation. Organizations should promote a culture of continuous improvement, experimentation, and empowerment. Doing so requires cultural change, contends Isaac Sacolick , President of StarCIO and author of Digital Trailblazer.

Insurance 93

Insurance Business Driver Unstructured Data Experimentation 93

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