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. Among the various strategies at our disposal, automation stands out as a pivotal solution,” she says. “In

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

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

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Luckily, many are expanding budgets to do so. “94%

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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. Here are three strategies designed to help CIOs and others maximize their return not just on AI, but all essential tech.

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

CIO Business Intelligence

JANUARY 10, 2025

As leaders work to define the right metrics, those measures must be tightly aligned with the business strategy and should account for the cost of not investing. Profitability remains a close second, surging from 35% in early 2024 to 73% by years end. 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. These ROI expectations exist despite many surveyed organisations not having a clear AI strategy.

ROI 59

ROI Experimentation Insurance Strategy 59

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.

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CIO Business Intelligence

APRIL 12, 2024

Representatives from Goldman Sachs, JP Morgan Chase, and Morgan Stanley did not immediately respond to requests for comment on their companies’ plans to implement AI or its potential to change their hiring strategies.

Experimentation 143

Experimentation Reporting Testing Statistics 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.”

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IT Experimentation Cost-Benefit Consulting 137

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. These strategies reduce reliance on digital devices and promote healthier habits and behaviors.

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Risk Experimentation Testing Strategy 108

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

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.

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Technology Experimentation Cost-Benefit Digital Transformation 98

CIO Business Intelligence

OCTOBER 15, 2024

Multicloud architectures, applications portfolios that span from mainframes to the cloud, board pressure to accelerate AI and digital outcomes — today’s CIOs face a range of challenges that can impact their DevOps strategies.

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Enterprise Testing Business Objectives Experimentation 143

CIO Business Intelligence

OCTOBER 3, 2024

The high adoption rate of proprietary LLMs through SaaS APIs (cloud-based) in these organizations indicates a preference to rely on third party vendors to drive the AI strategy and implementation. Medium companies Medium-sized companies—501 to 5,000 employees—were characterized by agility and a strong focus on GenAI experimentation.

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Testing Cost-Benefit Experimentation Risk 129

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. .

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Digital Transformation Experimentation Data Processing Technology 111

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. Organizations achieve ROI with AI when it’s the best tool for the job, he adds.

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ROI IT Measurement Experimentation 131

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. However, organizations and business leaders play a critical role.

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Uncertainty Reporting Experimentation Technology 122

CIO Business Intelligence

APRIL 12, 2024

With information about products and availability constantly changing, Tractor Supply sees Hey GURA as a “knowledge base and a training platform,” says Rob Mills, chief technology, digital commerce, and strategy officer at Tractor Supply. Together, the two projects earned Tractor Supply a 2024 CIO 100 Award for IT leadership and innovation.

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Experimentation Sales Digital Transformation Machine Learning 116

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. It also explored how carriers, enterprises, oversight agencies, and regulators can enhance mobile security capabilities and provide guidance for risk management strategies.

Experimentation 105

Experimentation Digital Transformation Risk Management Risk 105

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. Define a game-changing LLM strategy At a recent Coffee with Digital Trailblazers I hosted, we discussed how generative AI and LLMs will impact every industry.

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Digital Transformation Unstructured Data Strategy Data Science 98

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.

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Data Quality Experimentation Insurance Statistics 116

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.

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Data Science Machine Learning Predictive Modeling Forecasting 126

CIO Business Intelligence

MAY 14, 2024

“This project focuses on this very classic problem of taking a highly manual process, applying some readily available kind of classic automation techniques,” says Grace Preyapongpisan, director of data strategy and operations for the King County Department of IT.

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Machine Learning Deep Learning Reporting Experimentation 97

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

As part of Heineken’s 2021 EverGreen strategy to commit to future-proof the organization, adapt to market dynamics, and emerge stronger from the pandemic, there’s the objective to digitally transform the business and its relations with stakeholders. There’s also a growing emphasis on improving team performance.

Sales 105

Sales Digital Transformation Experimentation Optimization 105

IBM Big Data Hub

MAY 17, 2024

Cloud maturity models are a useful tool for addressing these concerns, grounding organizational cloud strategy and proceeding confidently in cloud adoption with a plan. A successful cloud strategy requires a comprehensive assessment of cloud maturity. Level 3 – Scale: Cloud-native strategy is now the preferred approach.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

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.

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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. This culture encourages experimentation and expertise growth. times higher ROI.

Enterprise 96

Enterprise ROI Risk Strategy 96

CIO Business Intelligence

AUGUST 5, 2024

El informe State of the CIO 2024 de Foundry señala que el 80% de los CIO se encargan de investigar y evaluar posibles adiciones de inteligencia artificial (IA) a su pila tecnológica, y el 74% trabaja más estrechamente con sus líderes empresariales en aplicaciones de IA.

Experimentation 119

Experimentation Software ROI Visualization 119

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. Advanced Deployment Patterns: Supports sophisticated deployment strategies like canary and blue-green deployments*, as well as A/B testing*, enabling safe and gradual rollouts of new model versions.

Optimization 75

Optimization Experimentation Metrics Enterprise 75

Data Science 101

OCTOBER 15, 2023

This problem can be witnessed in the business strategies of QC companies. That’s going to use the various existing computing technology in and around the experimentation of this new capability. Not just licenses and community but supply chain, go-to-market, strategies and the specific levels of open source across all of quantum.

Risk 107

Risk Marketing Consulting Technology 107

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.

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Cost-Benefit Manufacturing Modeling Interactive 89

AWS Big Data

JANUARY 9, 2024

This can include comparing lexical search, semantic search, and hybrid search techniques to understand the benefits of each technique against your corpus, or adjustments such as field weighting and different stemming or lemmatization strategies. This functionality was initially released as experimental in OpenSearch Service version 2.4,

Visualization 108

Visualization Cost-Benefit Modeling Machine Learning 108

AWS Big Data

MAY 24, 2023

You can adjust your retry strategy by increasing the maximum retry limit for the default exponential backoff retry strategy or enabling and configuring the additive-increase/multiplicative-decrease (AIMD) retry strategy. You still need to set appropriate EMRFS retries to provide additional resiliency.

Data Lake 93

Data Lake Snapshot Metadata Optimization 93

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.

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Forecasting Data-driven Experimentation Risk 52

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.

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IT Strategy Technology Experimentation 134