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CIOs face mounting pressure as AI costs and complexities threaten enterprise value

CIO Business Intelligence

Despite AI’s potential to transform businesses, many senior technology leaders find themselves wrestling with unpredictable expenses, uneven productivity gains, and growing risks as AI adoption scales, Gartner said. Gartner’s data revealed that 90% of CIOs cite out-of-control costs as a major barrier to achieving AI success.

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Three Emerging Analytics Products Derived from Value-driven Data Innovation and Insights Discovery in the Enterprise

Rocket-Powered Data Science

I recently saw an informal online survey that asked users which types of data (tabular, text, images, or “other”) are being used in their organization’s analytics applications. The results showed that (among those surveyed) approximately 90% of enterprise analytics applications are being built on tabular data.

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Enterprises willing to spend up to $250 million on gen AI, but ROI remains elusive

CIO Business Intelligence

The report underscores a growing commitment to AI-driven innovation, with 67% of business leaders predicting that gen AI will transform their organizations by 2025. The data also shows growing momentum around AI agents, with over half of organizations exploring their use.

ROI 81
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Bubble Wrap: How Eurovision Monitors Covid Risk at Events

CIO Business Intelligence

While pandemic-driven digital transformation has enabled the media and entertainment industry to stream awesome content 24/7 – digital technology is also safeguarding visitors, performing artist, and crew at the Eurovision Song Contest by monitoring their Covid-19 exposure levels in real time. So, how does it work?

Risk 98
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Get Ready for FutureIT Toronto: A Day of Insight, Innovation, and Inspiration!

CIO Business Intelligence

Join us for FutureIT Toronto on September 24, 2024 — a full day dedicated to AI, data, and all things tech leadership. We’ve lined up sessions that cover everything from AI’s role in cybersecurity to how you can use data for better decision-making. Calling all IT pros in the GTA (Greater Toronto Area). And that’s just the beginning!

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Unleashing Victory: How Data Collection Is Revolutionizing Football Performance Analysis!

Smart Data Collective

This is where data collection steps onto the pitch, revolutionizing football performance analysis in unprecedented ways. The Evolution of Football Analysis From Gut Feelings to Data-Driven Insights In the early days of football, coaches relied on gut feelings and personal observations to make decisions.

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Sport analytics leverage AI and ML to improve the game

CIO Business Intelligence

Nearly 10 years ago, Bill James, a pioneer in sports analytics methodology, said if there’s one thing he wished more people understood about sabermetrics, pertaining to baseball, it’s that the data is not the point. The point is to use the data like a razor to cut through false convictions to find the truth.

Analytics 118