CIO Business Intelligence

JANUARY 15, 2025

Indeed, more than 80% of organisations agree that scaling GenAI solutions for business growth is a crucial consideration in modernisation strategies. [2] For a deeper understanding of these insights and to learn more about -how your organisation can effectively implement GenAI strategies, we invite you to explore the full report. [1]

Cost-Benefit 124

Cost-Benefit Data-driven Enterprise Risk 124

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

MAY 6, 2024

Amid that growth, a few key trends surfaced to impact CIOs’ cloud strategies, continuing to today: More flexible consumption models To increase spend within their ecosystems, hyperscalers marketed more flexible consumption programs to enable customers to increase their commitments, while mitigating consumption risk.

Marketing 131

Marketing Strategy IT Data Processing 131

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%

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

BI-Survey

JANUARY 7, 2025

In 2024, the Data Culture Podcast once again brings you thought-provoking discussions, inspiring lessons, and cutting-edge insights from the worlds of data, analytics, and AI. So, without further ado, here are the drumroll please Top 10 Data Culture Podcast Episodes of 2024. Lets dive in!

Statistics 52

Statistics Data-driven Data Strategy Strategy 52

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

JANUARY 21, 2025

Well also examine strategies CIOs can use to address these challenges, ensuring their organizations can recognize the rewards of GenAI without compromising financial stability. Excessive infrastructure costs: About 21% of IT executives point to the high cost of training models or running GenAI apps as a major concern.

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

CIO Business Intelligence

OCTOBER 23, 2024

In a survey of 451 senior technology executives conducted by Gartner in mid-2024, a striking 57% of CIOs reported being tasked with leading AI strategies. You must understand the cost components and pricing model options, and you need to know how to reduce these costs and negotiate with vendors.

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 141

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

DECEMBER 9, 2024

The transformative impact of artificial intelligence (AI)and, in particular, generative AI (GenAI)emerged as a defining theme at the CSO Conference & Awards 2024: Cyber Risk Management. Mark Skalny Mark Skalny (c)2024 Mark Skalny The operational implications of AI adoption were another key focus of the conference.

Cost-Benefit 64

Cost-Benefit Risk Risk Management Predictive Analytics 64

CIO Business Intelligence

NOVEMBER 21, 2024

AI and GenAI Regulatory Landscape, IDC, July 2024). China follows the EU, with additional focus on national security In March 2024 the Peoples Republic of China (PRC) published a draft Artificial Intelligence Law, and a translated version became available in early May. This allows for more rapid and targeted legislation when needed.

Consulting 120

Consulting Risk Risk Management Marketing 120

CIO Business Intelligence

NOVEMBER 1, 2024

Paul Beswick, CIO of Marsh McLennan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. But the CIO had several key objectives to meet before launching the transformation.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

DECEMBER 19, 2024

Fast forward to 2024, and our data shows that organizations have conducted an average of 37 proofs of concept, but only about five have moved into production. Another area where enterprises have gained clarity is whether to build, compose or buy their own large language model (LLM). Its been a year of intense experimentation.

Experimentation 97

Experimentation Cost-Benefit Enterprise Strategy 97

AWS Big Data

OCTOBER 14, 2024

Large language model (LLM)-based generative AI is a new technology trend for comprehending a large corpora of information and assisting with complex tasks. Generative AI models can translate natural language questions into valid SQL queries, a capability known as text-to-SQL generation. Can it also help write SQL queries?

Metadata 104

Metadata Data Lake Modeling Data Warehouse 104

CIO Business Intelligence

DECEMBER 18, 2024

Trading: GenAI optimizes quant finance, helps refine trading strategies, executes trades more effectively, and revolutionizes capital markets forecasting. Using deep neural networks and Azure GPUs built with NVIDIA technology, startup Riskfuel is developing accelerated models based on AI to determine derivative valuation and risk sensitivity.

Forecasting 105

Forecasting Predictive Analytics Risk Finance 105

CIO Business Intelligence

SEPTEMBER 26, 2023

Earlier this month, the company said it expects cloud revenue to grow 29% to 31% in the second quarter of 2024, driven by high demand for AI and generative A I workloads from enterprises. Telmex is providing the data center space to host the Oracle Cloud Monterrey Region and will provide its sales force for a joint go-to-market strategy.

Strategy 144

Strategy Data Processing Data-driven Machine Learning 144

David Menninger's Analyst Perspectives

JANUARY 21, 2025

MongoDB is nevertheless keen to position MongoDB Atlas as a replacement for more traditional databases as part of application modernization strategies and has invested in a variety of capabilities to assist potential customers to refactor applications developed for relational databases. The recent launch of MongoDB 8.0

Data Lake 130

Data Lake IoT Cost-Benefit Enterprise 130

CIO Business Intelligence

NOVEMBER 7, 2024

For example, because they generally use pre-trained large language models (LLMs), most organizations aren’t spending exorbitant amounts on infrastructure and the cost of training the models. And although AI talent is expensive , the use of pre-trained models also makes high-priced data-science talent unnecessary.

IT 132

IT Manufacturing Data Science Modeling 132

CIO Business Intelligence

FEBRUARY 27, 2024

Cloud exit’ became a big theme in 2023 and there’s good odds it’ll turn into a real trend for 2024. Any organization of size, dealing with diverse technology, is doing their company a disservice if a public cloud–only strategy is their ultimate end goal,” says Brian Shields, SVP and CTO of Boston Red Sox and Fenway Sports Management.

Strategy 144

Strategy Cost-Benefit Data Processing Data-driven 144

CIO Business Intelligence

JUNE 10, 2024

Results from Foundry/CIO.com’s 2024 State of the CIO survey enforce this finding, with AI vaulting to the top slot of enterprise CIO’s hardest-to-hire roles. Moreover, many need deeper AI-related skills, too, such as for building machine learning models to serve niche business requirements. Here’s how IT leaders are coping.

Strategy 136

Strategy IT Machine Learning Consulting 136

CIO Business Intelligence

NOVEMBER 1, 2024

Paul Beswick, CIO of Marsh McLellan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. But the CIO had several key objectives to meet before launching the transformation.

IT 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

OCTOBER 10, 2024

As one of the largest and most influential technology exhibitions in the world, GITEX Global 2024 promises to be a pivotal event for technology leaders. Here’s an in-depth look at the key technologies to expect at GITEX 2024. Sustainability Sustainability is increasingly becoming a priority for organizations worldwide.

Technology 116

Technology Digital Transformation Data Processing Machine Learning 116

CIO Business Intelligence

APRIL 15, 2024

The senior vice president and chief information and strategy officer at National Life Group, has spent years executing a technology roadmap to modernize the insurance company. Case in point: Mehta, who now has the responsibility of developing National Life’s three-year enterprise strategy.

Digital Transformation 130

Digital Transformation Strategy Technology Enterprise 130

CIO Business Intelligence

JULY 22, 2024

Moreover, these repatriations show how CIOs have a shrewder, more fluid cloud strategy today to ensure they don’t settle for less than what they want. CIOs also now can consider edge computing and micro data centers as alternatives to traditional dedicated data centers, cloud, and aaS models. a private cloud).

Optimization 128

Optimization Strategy IT Cost-Benefit 128

CIO Business Intelligence

AUGUST 20, 2024

Early on, I observed that business strategy was rarely driving digital transformation, resulting in very little transformation occurring. Enterprises did not rethink their companies or models to thrive in what was quickly becoming a digital-first world. Instead, a vast majority of companies were investing in digitization.

Digital Transformation 144

Digital Transformation Modeling ROI Strategy 144

CIO Business Intelligence

JULY 10, 2024

As organizations worldwide prepare to spend over $40 billion in core IT (technology budgeted and overseen by central IT) on GenAI in 2024 (per IDC’s Worldwide Core IT Spending for GenAI Forecast, 2023-2027 , January 2024), there’s an urgent need to manage the risks associated with these investments.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

AWS Big Data

FEBRUARY 26, 2025

AWS re:Invent 2024, the flagship annual conference, took place December 26, 2024, in Las Vegas, bringing together thousands of cloud enthusiasts, innovators, and industry leaders from around the globe. Additional resources: re:Invent 2024 announcement video AWS Glue Introducing AWS Glue 5.0 With AWS Glue 5.0,

Analytics 60

Analytics Data Lake Metadata Data Warehouse 60

CIO Business Intelligence

AUGUST 21, 2024

Given the nature of their business, costs for security are baked into the business model. million in 2024 1 – and thus take the necessary steps to reduce cyber risk. Adherence to a defense-in-depth strategy should be front and center. 1] “Cost of a Data Breach Report 2024,” IBM.com. To learn more, visit Hyland. [1]

Strategy 124

Strategy Measurement Risk Reporting 124

CIO Business Intelligence

OCTOBER 1, 2024

With the theme ‘Amplify Intelligence’, Huawei Connect 2024 in Shanghai showcased how different industries can embrace AI and digitalisation to innovate, grow, and maximise efficiency. Xu believes that these will serve as a guide to shape the strategies and actions that enterprises should adopt as they transform intelligently.

Digital Transformation 114

Digital Transformation Enterprise Strategy Technology 114

DataKitchen

MAY 14, 2024

Our expert, Eric, will guide you through a live demonstration of pre-production data testing strategies, including data profiling and initial data hygiene scans, focusing on identifying and addressing the dozens of anomalies impacting data quality. Reserve Your Spot! Slides and recordings will be provided.

Data Quality 195

Data Quality Testing Metrics Measurement 195

CIO Business Intelligence

NOVEMBER 27, 2024

Data quality for AI needs to cover bias detection, infringement prevention, skew detection in data for model features, and noise detection. Not all columns are equal, so you need to prioritize cleaning data features that matter to your model, and your business outcomes. asks Friedman.

Enterprise 141

Enterprise Data Quality Structured Data Modeling 141

CIO Business Intelligence

MAY 15, 2024

If 2023 was the year of AI exploration, then 2024 will be the year of action. Given that training data is the foundation for all GenAI models, organizations must ensure the cleanliness and trustworthiness of their data, and that management of data is ethical. What does a good GenAI strategy look like? Growing out of control?

Strategy 119

Strategy Risk Machine Learning Software 119

CIO Business Intelligence

JANUARY 11, 2024

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. Waiting is a losing strategy.” These external factors can have a dramatic impact on business operations and strategic planning.

IT 133

IT Uncertainty Cost-Benefit Strategy 133

CIO Business Intelligence

MAY 29, 2024

There was a definite buzz about cybersecurity investments and M&A picking up steam, AI-based defense and AI-delivered industry models, and overall product innovation. RSA provided strategies and tools for security experts to help defend their networks, with over 600 exhibitors and countless sessions displaying plenty of both.

Machine Learning 133

Machine Learning Enterprise Data-driven Modeling 133

CIO Business Intelligence

FEBRUARY 12, 2024

SAP customers have a lot to navigate in 2024. Consider the potential business implications, including the potential to disrupt customers’ current and future business models and create unforeseen competitive disadvantages. Otherwise, SAP will have disproportionate control of the agenda, cadence, and outcome of your relationship.

Consulting 118

Consulting Cost-Benefit Strategy Modeling 118

CIO Business Intelligence

FEBRUARY 26, 2025

And in an October Gartner report, 33% of enterprise software applications will include agentic AI by 2033, up from less than 1% in 2024, enabling 15% of day-to-day work decisions to be made autonomously. Indicium started building multi-agent systems in mid-2024 for internal knowledge retrieval and other use cases.

IT 141

IT Enterprise Interactive Data Quality 141