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

NOVEMBER 19, 2024

In 2024, a new trend called agentic AI emerged. Development teams starting small and building up, learning, testing and figuring out the realities from the hype will be the ones to succeed. In our real-world case study, we needed a system that would create test data. There can be up to eight different data sets or files.

Testing 135

Testing Cost-Benefit Interactive ROI 135

CIO Business Intelligence

DECEMBER 19, 2023

Third, in the CDO Agenda: 2024: Navigating Data and Generative AI Frontiers , 57% of respondents haven’t changed their data environments to support generative AI. For example, McKinsey estimates enterprises can cut 15% to 20% of cloud costs through optimizations, and implementing finops practices is one opportunity.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

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.

Analytics 59

Analytics Data Lake Metadata Data Warehouse 59

CIO Business Intelligence

JUNE 21, 2024

2024 is rapidly shaping up to be a defining year in generative AI. According to the IBM X-Force Threat Intelligence Index 2024 , cybercriminals mentioned AI and GPT in over 800,000 posts in illicit markets and dark web forums last year. Strategies to Optimize Teams for AI and Cybersecurity 1.

Optimization 122

Optimization Gap analysis Strategy Data-driven 122

CIO Business Intelligence

MARCH 4, 2025

In fact, successful recovery from cyberattacks and other disasters hinges on an approach that integrates business impact assessments (BIA), business continuity planning (BCP), and disaster recovery planning (DRP) including rigorous testing. Without these elements, your recovery efforts could crumble under pressure.

Testing 64

Testing Risk Consulting Risk Management 64

AWS Big Data

SEPTEMBER 10, 2024

With the launch of Amazon Redshift Serverless and the various provisioned instance deployment options , customers are looking for tools that help them determine the most optimal data warehouse configuration to support their Amazon Redshift workloads. Amazon Redshift is a widely used, fully managed, petabyte-scale data warehouse service.

Testing 107

Testing Snapshot Data Warehouse Metrics 107

AWS Big Data

OCTOBER 14, 2024

Prompt with no metadata For the first test, we used a basic prompt containing just the SQL generating instructions and no table metadata. Question : List of permanent employees who work in North America and joined after January 1, 2024. Question: List of permanent employees who work in North America and joined after January 1, 2024.

Metadata 88

Metadata Data Lake Modeling Data Warehouse 88

CIO Business Intelligence

NOVEMBER 14, 2024

Challenge: Consumers want to shop on their own terms Recent research shows that 77% of consumers today buy through a mix of digital and physical shopping, while just 17% buy only online or only in physical stores (IDC Retail Insights: Consumer Sentiment Survey, 2024 — Findings and Implications, July 2024). IDC, June 2024).

IT 64

IT Cost-Benefit Manufacturing Sales 64

AWS Big Data

NOVEMBER 19, 2024

You can now test the newly created application by running the following command: npm run dev By default, the application is available on port 5173 on your local machine. He specializes in the design, implementation, and optimization of large-scale data platforms. The base application is shown in the workspace browser.

Data Processing 80

Data Processing Metadata Publishing Testing 80

AWS Big Data

NOVEMBER 7, 2024

With over 85,000 queries executed in preview, Amazon Redshift announced the general availability in September 2024. With Amazon Q, you can spend less time worrying about the nuances of SQL syntax and optimizations, allowing you to concentrate your efforts on extracting invaluable business insights from your data.

Metadata 96

Metadata Sales Data Warehouse Optimization 96

CIO Business Intelligence

JULY 2, 2024

This article presents essential strategies for CIOs to strike the optimal balance among innovation, value, cost, and practicality in tech investments. Future proofing requires balancing new opportunities with optimizing existing solutions. To manage costs, the bank selected a hybrid cloud model, optimizing expenses and data control.

Technology 111

Technology Cost-Benefit Digital Transformation Optimization 111

CIO Business Intelligence

DECEMBER 11, 2024

Thats a problem, since building commercial products requires a lot of testing and optimization. The gap has significantly narrowed in 2024, says Gartner analyst Arun Chandrasekaran. With open source, you have control over where youre using it and when itll go away, he says. Finally, theres the price.

Cost-Benefit 115

Cost-Benefit Modeling Marketing Sales 115

CIO Business Intelligence

APRIL 12, 2024

Large banking firms are quietly testing AI tools under code names such as as Socrates that could one day make the need to hire thousands of college graduates at these firms obsolete, according to the report. 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

SEPTEMBER 10, 2024

A 2024 study found that three-quarters of product features are rarely used, underscoring the need for precision. The testing phase, particularly user acceptance testing (UAT), can become a labor-intensive bottleneck — and a budget breaker. And the challenges don’t end there. Result: 80% less rework. Result: 70% more efficient.

Software 124

Software Digital Transformation Testing Advertising 124

CIO Business Intelligence

MARCH 3, 2024

Its conclusions were less than optimal. Doing penetration testing. For its 2023 Security Priorities report, Foundry surveyed 790 IT security workers to understand their projects and priorities. The adversaries, at least for now, have the upper hand on many global organisations,” the report concluded.

IT 111

IT Measurement Risk Reporting 111

datapine

NOVEMBER 27, 2019

Another increasing factor in the future of business intelligence is testing AI in a duel. Prescriptive analytics can help you optimize scheduling, production, inventory, and supply chain design to deliver what your customers want in the most optimized way. 5) Collaborative Business Intelligence. 9) Data Automation.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Ontotext

JANUARY 10, 2025

Our goal is to test whether GenAI can handle diverse domains effectively and determine if its a viable tool for domain-specific graph-building tasks. We also experimented with prompt optimization tools, however these experiments did not yield promising results. Tang, X., & Cohan, A. arXiv preprint arXiv:2406.14644.

Informatics 59

Informatics Modeling Metadata Experimentation 59

AWS Big Data

SEPTEMBER 27, 2024

For example, underutilization of vCPUs or memory can reveal resource wastage, allowing you to optimize worker sizes to achieve potential cost savings. Optimize resource utilization When running Spark jobs, you often start with the default configurations. Additionally, provide an AWS Identity and Access Management (IAM) runtime role.

Dashboards 106

Dashboards Metrics Testing Optimization 106

CIO Business Intelligence

MAY 20, 2024

Nearly half (49%) of IT leaders responding to the 2024 State of the CIO Study from Foundry, publisher of CIO.com, say they expect to play more of a strategic role in the upcoming years, with another 36% anticipating a heavy emphasis on transformational responsibilities. Other surveys offer similar findings. Risk management came in at No.

IT 142

IT Risk Management Machine Learning Risk 142

David Menninger's Analyst Perspectives

NOVEMBER 5, 2024

We have seen tremendous innovation and expansion of the available technologies for running centers and optimizing the performance of the human labor pool, as well as an explosion of tools built to automate customer interactions. The core tools are time-tested and well regarded; the new ones come with vendor assertions about ROI.

ROI 130

ROI Interactive Software Measurement 130

AWS Big Data

AUGUST 8, 2024

We dive into the various optimization techniques AppsFlyer employed, such as partition projection, sorting, parallel query runs, and the use of query result reuse. Additionally, we discuss the thorough testing, monitoring, and rollout process that resulted in a successful transition to the new Athena architecture.

Interactive 117

Interactive Metadata Optimization Testing 117

CIO Business Intelligence

MARCH 19, 2025

Similarly, Deloittes 2024 CxO Survey highlights that while CDOs prioritize AI and business efficiency, sustainability remains a secondary focus. For instance, cloud storage strategies can be adjusted to prefer providers with carbon-neutral commitments, and AI model training can be optimized to reduce computational costs.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

OCTOBER 1, 2024

Cost optimization. Gartner forecasts that worldwide end-user spending on public cloud services will reach $679 billion in 2024, up from $597 billion in 2023. Further, companies can manage databases on-prem for security and control and use the cloud for app development, testing, and scaling applications on demand. 18, 2023. “37

Forecasting 111

Forecasting Enterprise Strategy Risk 111

CIO Business Intelligence

JULY 8, 2024

No longer just a SaaS app handling some worker’s niche need or a few personal BlackBerries snuck in by sales to access work files on the go, shadow IT today is more likely to involve AI, as employees test out all sorts of AI tools without the knowledge or blessing of IT. Sounds obvious but most organizations don’t yet have one.

Risk 136

Risk Strategy Technology Modeling 136

CIO Business Intelligence

AUGUST 26, 2024

To optimize such environments, IT leaders should consider a multipronged approach, comprising common sets of software-defined infrastructure services, integrated cloud platforms, and modern as-a-service subscriptions that have been designed to address exactly these issues.

Management 111

Management Uncertainty Data-driven Software 111

CIO Business Intelligence

SEPTEMBER 13, 2024

The key objective was to accelerate our delivery time, increase accuracy, optimize costs, and reduce the touch process.” Applied Materials, which employs 33,000 in 120 cities globally, is a major supplier of semiconductor equipment to chipmakers, making it a core partner in the semiconductor ecosystem. “The It was not a flip-over switch.

Manufacturing 123

Manufacturing Cost-Benefit Testing Interactive 123

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% Devops teams now look to shift left security and implement continuous testing to develop more innovative, secure, and reliable features from the start.

Digital Transformation 145

Digital Transformation Data Governance Machine Learning Experimentation 145

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 exam tests general knowledge of the platform and applies to multiple roles, including administrator, developer, data analyst, data engineer, data scientist, and system architect.

Data Science 126

Data Science Machine Learning Predictive Modeling Forecasting 126

AWS Big Data

APRIL 25, 2024

However, as data volumes continue to grow, optimizing data layout and organization becomes crucial for efficient querying and analysis. AWS Glue allows you to define bucketing parameters, such as the number of buckets and the columns to bucket on, providing an optimized data layout for efficient querying with Athena.

Optimization 72

Optimization Data Lake Cost-Benefit Reporting 72

CIO Business Intelligence

OCTOBER 3, 2024

They meticulously handled the design, development, deployment, testing, and go-live stages. The key highlight of the solution was leveraging Suncor’s existing investments in SAP, improving, and optimizing the solution for evolving and challenging business needs with quick time-to-value.

Consulting 122

Consulting Sales Testing Management 122

CIO Business Intelligence

OCTOBER 17, 2022

In general, financial institutions are adept at stress tests for determining security and financial stability. It’s a different challenge to extend those kinds of tests to other organizations. Countdown to 2024. Realistically that is likely to be somewhere near the close of 2024. Understand where you are.

Risk Management 105

Risk Management Risk Enterprise Insurance 105

CIO Business Intelligence

AUGUST 9, 2024

Twenty-nine percent of 644 executives at companies in the US, Germany, and the UK said they were already using gen AI, and it was more widespread than other AI-related technologies, such as optimization algorithms, rule-based systems, natural language processing, and other types of ML.

Risk 138

Risk Measurement Data Lake Data Collection 138

CIO Business Intelligence

JANUARY 8, 2024

Instead, the publicly held operator of Cathay Pacific Airlines and HK Express is shifting from migration to optimization mode in an effort to wrest additional benefits from its all-in cloud transformation. Enhanced automation and self-service will also be emphasized as part of the cloud optimization strategy, Nair says.

Optimization 119

Optimization Digital Transformation Cost-Benefit Data Warehouse 119

CIO Business Intelligence

APRIL 25, 2022

It should be no wonder then that IDC predicts, “By 2024, 60% of enterprises will have operationalized their ML workflows through MLOps/ModelOps capabilities and AI-infused their IT Infrastructure operations through AIOps capabilities.”. Tying it all together is cnrg.io’s MLOps stack, VMware Tanzu, and NVIDIA AI Enterprise software.

Machine Learning 134

Machine Learning Enterprise Deep Learning Cost-Benefit 134

CIO Business Intelligence

MAY 24, 2024

Developers can use Azure AI Studio to explore the latest AI tools, orchestrate multiple interoperating APIs and models, ground models on their protected data, test and evaluate their AI innovations for performance and safety, and deploy at scale and with continuous monitoring in production,” Jyoti added.

Uncertainty 111

Uncertainty Enterprise Modeling Software 111

CIO Business Intelligence

DECEMBER 22, 2023

To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.

Consulting 130

Consulting Business Objectives Software Optimization 130