CIO Business Intelligence

JANUARY 21, 2025

Generative AI (GenAI) is reshaping how businesses operate, offering unprecedented opportunities for greater efficiency, streamlined operations, revolutionized customer service, and enhanced decision-making. See also: Gen AI in 2025: Playtime is over, time to get practical.

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

Rocket-Powered Data Science

JULY 6, 2021

1) Automated Narrative Text Generation tools became incredibly good in 2020, being able to create scary good “deep fake” articles. MLOps takes the modeling, algorithms, and data wrangling out of the experimental “one off” phase and moves the best models into deployment and sustained operational phase.

Machine Learning 279

Machine Learning Data-driven Deep Learning IoT 279

Smart Data Collective

AUGUST 25, 2021

Over 50 percent of them use AI for various purposes, like creating personalized services and automation. This article will share the basic concept of AI, including its definition, types, and current trends. We’ll also cover the benefits of using AI for eCommerce and eight ways eCommerce can implement this technology.

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CIO Business Intelligence

NOVEMBER 20, 2023

Not all AI-powered customer service chatbots are created equal—or created well. Take AVA, the AI-infused customer support bot that AirAsia introduced in 2019. AVA, of course, is not the only sad sack in the chatbot universe. AVA, of course, is not the only sad sack in the chatbot universe.

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Smart Data Collective

MARCH 10, 2021

This is, of course, an oversimplification of what artificial intelligence is but modern implementations of AI are far more complicated, albeit based on the same fundamental principle. A growing number of companies have become dependent on AI technology. Gartner reports that 37% of companies used AI in the workplace in 2019.

Cost-Benefit 143

Cost-Benefit Big Data Metrics Technology 143

CIO Business Intelligence

MAY 8, 2024

As the world becomes increasingly reliant on technology and driven by data, the excitement about artificial intelligence (AI) solutions continues to skyrocket. Corporate boardrooms are abuzz with discussions about exploring the possibilities of AI, and massive amounts of capital are being funneled into building AI infrastructure.

Metrics 119

Metrics Data-driven ROI Marketing 119

Smart Data Collective

NOVEMBER 14, 2022

AI technology has radically changed the future of many industries and is changing the way companies do business forever. Most of the discussions on the benefits of AI focus on helping traditional businesses boost their bottom line. However, AI also offers many benefits for nonprofits. Be Ethical With AI Usage.

Cost-Benefit 132

Cost-Benefit Software Management Technology 132

CIO Business Intelligence

NOVEMBER 15, 2023

Competition among software vendors to be “the” platform on which enterprises build their IT infrastructure is intensifying, with the focus of late on how much noise they can make about their implementation of generative AI features. ServiceNow isn’t the only vendor introducing AI functionality previously provided by the surrounding ecosystem.

Measurement 134

Measurement Digital Transformation Metrics Sales 134

Smart Data Collective

JANUARY 10, 2021

Artificial intelligence or AI is beginning to have a large impact on businesses of all sizes. Startup businesses are also taking part in the AI revolution. The importance of AI in today’s business world cannot be overstated. This article will explore the ways in which AI technology can help your startup business succeed.

Sales 110

Sales Deep Learning Marketing Big Data 110

CIO Business Intelligence

JUNE 12, 2024

To help alleviate the complexity and extract insights, the foundation, using different AI models, is building an analytics layer on top of this database, having partnered with DataBricks and DataRobot. Some of the models are traditional machine learning (ML), and some, LaRovere says, are gen AI, including the new multi-modal advances.

Modeling 140

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CIO Business Intelligence

SEPTEMBER 19, 2024

And with its ability to create diverse new content such as articles, code and even videos, generative AI (GenAI) is no exception. A/B testing, a vital part of digital marketing, can also be conducted through GenAI, so companies can evaluate which content performs best to optimize conversion rates.

Cost-Benefit 115

Cost-Benefit Digital Transformation Marketing Optimization 115

Smart Data Collective

OCTOBER 11, 2023

AI technology is going to be a lot more important for developing web applications in the near future. This is one of the reasons the AI market is growing by 37% a year. As AI becomes more important for the web, companies are hiring developers to help create the best AI applications. What is Angular?

Machine Learning 122

Machine Learning Interactive Predictive Analytics Data-driven 122

Smart Data Collective

NOVEMBER 29, 2021

AI is revolutionizing the banking and financial sector. Read this article to get to know why banks need to introduce AI-based solutions in their workflows—the faster the better. Banking is one of those industries that can earn or save billions of dollars thanks to AI. Compliance and Fraud Detection.

Cost-Benefit 128

Cost-Benefit Risk Finance Statistics 128

IBM Big Data Hub

FEBRUARY 13, 2024

Generative AI ( artificial intelligence ) promises a similar leap in productivity and the emergence of new modes of working and creating. Generative AI represents a significant advancement in deep learning and AI development, with some suggesting it’s a move towards developing “ strong AI.”

Enterprise 118

Enterprise Testing Modeling Data-driven 118

Smart Data Collective

JULY 11, 2023

In one of our articles, we mentioned that many nurses have used AI to provide better services to their patients. According to one report, the market for AI in mental health services is projected to grow by 38.87% a year between 2023 and 2031. However, AI can help create chatbots that offer a lot of other benefits as well.

Management 97

Management Predictive Analytics Cost-Benefit Interactive 97

CIO Business Intelligence

SEPTEMBER 29, 2023

As I work with financial services and banking organizations around the world, one thing is clear: AI and generative AI are hot topics of conversation. Financial organizations want to capture generative AI’s tremendous potential while mitigating its risks. In short, yes. But it’s an evolution. billion by 2032. billion by 2032.

Finance 133

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CIO Business Intelligence

APRIL 15, 2022

Here are a handful of high-profile analytics and AI blunders from the past decade to illustrate what can go wrong. AI algorithms identify everything but COVID-19. But according to the UK’s Turing Institute, a national center for data science and AI, the predictive tools made little to no difference.

Analytics 145

Analytics Machine Learning Insurance Testing 145

Smart Data Collective

SEPTEMBER 8, 2020

We recently talked about the incredible benefits of using AI in the CBD industry. You can see how big data and AI are being utilized by the most astute CBD marketers. In this particular article, we will be looking at the thriving CBD industry and the many factors in place that are allowing it to continually thrive month over month.

Data-driven 139

Data-driven Marketing Big Data Advertising 139

Smarten

MARCH 19, 2025

Choose or Combine GenAI and/or Agentic AI for Apps The only way to avoid news of Artificial Intelligence (AI) is to move to the top of a mountain and leave all your devices behind. Talk of AI is everywhere. Gartner predicts that within the next few months, 40% of enterprise applications will have embedded conversational AI.

Cost-Benefit 52

Cost-Benefit Digital Transformation Manufacturing Machine Learning 52

O'Reilly on Data

MARCH 23, 2023

We all know that ChatGPT is some kind of an AI bot that has conversations (chats). Foundation models are a class of very powerful AI models that can be used as the basis for other models: they can be specialized, or retrained, or otherwise modified for specific applications. It’s much more. What Software Are We Talking About?

IT 346

IT Modeling Testing Risk 346

datapine

DECEMBER 11, 2019

With a new year on the horizon, in this article, we’ll explore 10 essential SaaS trends that will stand out in 2020. Artificial Intelligence (AI) technologies are becoming more widespread; it’s becoming a game-changer worth $15.7 How will AI improve SaaS in 2020? It will also automate the onboarding process of SaaS.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

Sisense

AUGUST 6, 2020

In Augmented Apps , we examine how product teams are exploring AI and ML to make their products more intuitive and enhance the user experience. AI and machine learning (ML) are not just catchy buzzwords; they’re vital to the future of our planet and your business. Improving performance with AI.

Management 95

Management Machine Learning Key Performance Indicator Cost-Benefit 95

Smart Data Collective

MARCH 27, 2023

AI is driving major changes in the financial world. billion on AI in 2021 , but small businesses may spend even more on AI-driven financial management software. The banking industry is among those most heavily affected by AI. Forbes author Rob Shevlin reports that chatbots will actually make bank branches obsolete.

Software 118

Software Finance Cost-Benefit Data-driven 118

Smart Data Collective

MAY 1, 2022

No wonder many people fear that computers and other AI—enabled devices will control us. However, if we keep aside this dangerous depiction of AI, we can see how beneficial such systems are in our lives. Businesses are including more of it in their companies and adopting methods like AI text analysis. . What is text analysis?

Unstructured Data 132

Unstructured Data Cost-Benefit Machine Learning Marketing 132

Smart Data Collective

JULY 2, 2023

An estimated 70% of businesses report spending at least $1 million on AI technology. Companies that rely on having strong online presences depend on AI even more than traditional businesses. This is why businesses need to take advantage of AI to help improve the user experience. AI can help in a variety of other ways as well.

Machine Learning 96

Machine Learning Sales Strategy Optimization 96

Smart Data Collective

OCTOBER 1, 2019

What exactly is artificial intelligence (AI) and what business does it have in higher education? Simply put, AI is an attempt to emulate human knowledge by programming extensive rules into computers. AI software market revenue. AI Applications Within Higher Education. Image: Statista ).

Big Data 109

Big Data Machine Learning Risk Interactive 109

IBM Big Data Hub

DECEMBER 13, 2023

Conducting the best customer service strategy today requires organizations to invest in several customer service types. Chatbots Chatbots are computer programs where users are asked to either choose from a list of pre-selected questions or type into an open field the question they’re trying to answer.

Broadcasting 73

Broadcasting Consulting Data-driven Strategy 73

CIO Business Intelligence

JULY 17, 2024

Artificial intelligence (AI) is an increasingly large portion of information technology investments and societal discussions. This article focuses on nascent regulations in Europe and the U.S. AI applications that threaten citizens’ rights, such as predictive policing or untargeted scraping of internet facial images, are banned.

Enterprise 105

Enterprise Consulting Risk Management Advertising 105

Occam's Razor

MARCH 30, 2017

Primarily because we got our first real everyday access to products and services that used some form of AI to delight us. Here are the elements I’ll cover: + AI | Now | Local Maxima. + AI | Now | Global Maxima. AI | Now | Local Maxima. AI also seems so out there, so hard to grasp. AI | Now | Global Maxima.

Marketing Analytics 166

Marketing Analytics Marketing Analytics Deep Learning 166

Smart Data Collective

FEBRUARY 25, 2021

And Artificial Intelligence (AI) is creating new possibilities in the digital marketing space. In today’s competitive business landscape, you cannot undermine the power of AI in shaping your marketing strategy to stay ahead of your competitors. Role of AI. AI has taken digital marketing to the next level.

Data-driven 125

Data-driven Marketing Strategy Big Data 125

CIO Business Intelligence

OCTOBER 24, 2023

The capabilities of these new generative AI tools, most of which are powered by large language models (LLM), forced every company and employee to rethink how they work. With just a few lines of Python code, you can prepare your data for a GenAI chatbot-style interface. For that, you’ll need an embedding model.

Cost-Benefit 126

Cost-Benefit Modeling Data Quality Statistics 126

Cloudera

AUGUST 28, 2023

In the first article of this series, we are going to share the challenges of Enterprise adoption and propose a possible path to embrace these new technologies in a safe and controlled manner. Best of all, the AMP was built with 100% open source technology. Step 8 completes the prototype by deploying the user facing chatbot application.

Enterprise 76

Enterprise Machine Learning Modeling Data Processing 76

IBM Big Data Hub

SEPTEMBER 27, 2023

Large language models (LLMs) are foundation models that use artificial intelligence (AI), deep learning and massive data sets, including websites, articles and books, to generate text, translate between languages and write many types of content. FLAN-T5, launched by Google AI, can handle more than 1,800 diverse tasks.

Risk 91

Risk Modeling Cost-Benefit Enterprise 91

Smart Data Collective

JULY 25, 2019

Not long ago, big data was one of the most talked about tech trends , as was artificial intelligence (AI). But, in case people need a reminder of how fast technology evolves , they only need to consider something newer — big data AI. AI allows computers to perform cognitive functions, much like the human brain.

Big Data 107

Big Data Insurance Risk Cost-Benefit 107

Smart Data Collective

NOVEMBER 24, 2020

In this article, you’ll discover: upcoming trends in business intelligence what benefits will BI provide for businesses in 2020 and on? In the future of business intelligence, it will also be more common to break data-based forecasts into actionable steps to achieve the best strategy of business development.

Business Intelligence 134

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CIO Business Intelligence

APRIL 5, 2023

Enterprise expectations of DEX From the CIO’s perspective, DEX is best thought of as an enterprise-wide transformational initiative that increases the value of critical talent over time, rather than as a project that delivers short-term gains. But that doesn’t mean we can’t make DEX the best it can be, wherever the team is located.

Cost-Benefit 116

Cost-Benefit Metrics Measurement Digital Transformation 116

Smart Data Collective

MAY 19, 2022

In this article, we will discuss how sales automation works and how to use automation to optimize your sales process. Salesforce combines data analytics and AI to help sales professionals automate many important processes. Even the best companies will have some difficulties now and then. Support is crucial.

Sales 143

Sales Big Data Cost-Benefit Data-driven 143