CIO Business Intelligence

JANUARY 5, 2025

Research from Gartner, for example, shows that approximately 30% of generative AI (GenAI) will not make it past the proof-of-concept phase by the end of 2025, due to factors including poor data quality, inadequate risk controls, and escalating costs. [1] Reliability and security is paramount.

Enterprise 124

Enterprise Cost-Benefit Unstructured Data Data Quality 124

Cloudera

NOVEMBER 15, 2021

If you’ve ever wondered how much data there is in the world, what types there are and what that means for AI and businesses, then keep reading! Quantifications of data. The International Data Corporation (IDC) estimates that by 2025 the sum of all data in the world will be in the order of 175 Zettabytes (one Zettabyte is 10^21 bytes).

Unstructured Data 90

Unstructured Data Recreation/Entertainment Structured Data Reporting 90

CIO Business Intelligence

SEPTEMBER 12, 2024

At Gartner’s London Data and Analytics Summit earlier this year, Senior Principal Analyst Wilco Van Ginkel predicted that at least 30% of genAI projects would be abandoned after proof of concept through 2025, with poor data quality listed as one of the primary reasons.

Unstructured Data 111

Unstructured Data Data Quality Enterprise Data Governance 111

CIO Business Intelligence

JUNE 7, 2022

Research by the Economist Intelligence Unit found that 86% of financial services firms plan to increase their AI-related investments through 2025. . by 2025, according to IDC. NLP solutions can be used to analyze the mountains of structured and unstructured data within companies. NLP will account for $35.1

Unstructured Data 98

Unstructured Data Deep Learning Insurance Interactive 98

CIO Business Intelligence

MAY 8, 2024

According to a recent report by InformationWeek , enterprises with a strong AI strategy are 3 times more likely to report above-average data integration success. Additionally, a study by McKinsey found that organisations leveraging AI in data integration can achieve an average improvement of 20% in data quality.

Data Integration 102

Data Integration IoT Cost-Benefit Machine Learning 102

Cloudera

OCTOBER 8, 2020

Businesses are now faced with more data, and from more sources, than ever before. But knowing what to do with that data, and how to do it, is another thing entirely. . Poor data quality costs upwards of $3.1 Ninety-five percent of businesses cite the need to manage unstructured data as a real problem.

Digital Transformation 106

Digital Transformation Unstructured Data Experimentation Uncertainty 106

CIO Business Intelligence

APRIL 24, 2024

This is the basis for a complex digital transformation project, which the company recently accelerated with the arrival of new GM Alessandro Filippi and, shortly after, new CIO D’Accolti, ahead of the 2025 Jubilee, when 50 million visitors are expected in Rome during a series of pilgrimages.

Digital Transformation 105

Digital Transformation Business Intelligence Unstructured Data Data Lake 105