CIO Business Intelligence

JULY 5, 2024

So, to maximize the ROI of gen AI efforts and investments, it’s important to move from ad-hoc experimentation to a more purposeful strategy and systematic approach to implementation. Here are five best practices to get the most business benefit from gen AI. This may impact some of your vendor selections as well.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

CIO Business Intelligence

MARCH 7, 2023

While many organizations are successful with agile and Scrum, and I believe agile experimentation is the cornerstone of driving digital transformation, there isn’t a one-size-fits-all approach. CIOs should consider technologies that promote their hybrid working models to replace in-person meetings.

Digital Transformation 145

Digital Transformation Data Governance Machine Learning Experimentation 145

CIO Business Intelligence

JUNE 11, 2024

IT’s mission has transformed — perhaps so should its brand Another approach I recommend is to rebrand IT and recast its mission to modernize its objectives, organizational structure, core competencies, and operating model. These objectives are not new but go beyond IT’s traditional operating responsibilities.

IT 136

IT Digital Transformation Broadcasting Business Objectives 136

CIO Business Intelligence

JULY 24, 2024

Key strategies for exploration: Experimentation: Conduct small-scale experiments. Clear success criteria: Ensure exploitation delivers incremental business value. It shows the importance of eliminating investments that no longer align with core business objectives. Use minimum viable products (MVPs) to validate concepts.

Technology 98

Technology Experimentation Cost-Benefit Digital Transformation 98

CIO Business Intelligence

NOVEMBER 13, 2023

Failure to align technology capabilities with business goals can result in a wasted investment in technology that doesn’t support business objectives. Foster a culture of innovation: Digital transformation requires innovation and experimentation, and thus a culture for embracing new technologies and ideas.

Digital Transformation 143

Digital Transformation Cost-Benefit Experimentation Measurement 143

CIO Business Intelligence

JULY 8, 2022

After transforming their organization’s operating model, realigning teams to products rather than to projects , CIOs we consult arrive at an inevitable question: “What next?” Splitting these responsibilities without a clear vision and careful plan, however, can spell disaster, reversing the progress begotten by a new operating model.

Cost-Benefit 122

Cost-Benefit Measurement Modeling Metrics 122

CIO Business Intelligence

JULY 7, 2023

Improving employee productivity and collaboration is a top business objective, according to the 2023 Foundry Digital Business Study. They are expected to make smarter and faster decisions using data, analytics, and machine learning models. Here are their top tips. Caution is king, however.

Measurement 122

Measurement Risk Experimentation Enterprise 122

CIO Business Intelligence

JUNE 28, 2023

Belcorp operates under a direct sales model in 14 countries. As Belcorp considered the difficulties it faced, the R&D division noted it could significantly expedite time-to-market and increase productivity in its product development process if it could shorten the timeframes of the experimental and testing phases in the R&D labs.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

CIO Business Intelligence

JANUARY 2, 2024

He plans to scale his company’s experimental generative AI initiatives “and evolve into an AI-native enterprise” in 2024. This vision represents a fundamental shift, positioning AI as an integral part of our business fabric rather than just an add-on. That’s the case for Yi Zhou, CTO and CIO with Adaptive Biotechnologies.

IT 144

IT Cost-Benefit Statistics Consulting 144

IBM Big Data Hub

OCTOBER 20, 2023

Artificial intelligence platforms enable individuals to create, evaluate, implement and update machine learning (ML) and deep learning models in a more scalable way. AI platforms assist with a multitude of tasks ranging from enforcing data governance to better workload distribution to the accelerated construction of machine learning models.

Machine Learning 71

Machine Learning Manufacturing Deep Learning Cost-Benefit 71

Dataiku

APRIL 22, 2022

It’s no secret that training AI models is an energy-intensive and large dataset-dependent endeavor and, to corroborate this, researchers at the University of Massachusetts Amherst performed a lifecycle assessment on large, widely accepted AI models trained on the vast datasets needed to achieve accuracy.

Experimentation 59

Experimentation Business Objectives Modeling Manufacturing 59

The Unofficial Google Data Science Blog

JANUARY 14, 2016

Unlike experimentation in some other areas, LSOS experiments present a surprising challenge to statisticians — even though we operate in the realm of “big data”, the statistical uncertainty in our experiments can be substantial. We must therefore maintain statistical rigor in quantifying experimental uncertainty.

Experimentation 41

Experimentation Statistics Metrics Measurement 41

CIO Business Intelligence

OCTOBER 24, 2024

As they look to operationalize lessons learned through experimentation, they will deliver short-term wins and successfully play the gen AI — and other emerging tech — long game,” Leaver said. Determining the optimal level of autonomy to balance risk and efficiency will challenge business leaders,” Le Clair said.

ROI 127

ROI Data-driven Enterprise Experimentation 127

CIO Business Intelligence

JANUARY 7, 2025

Transformational CIOs continuously invest in their operating model by developing product management, design thinking, agile, DevOps, change management, and data-driven practices. Focusing on classifying data and improving data quality is the offense strategy, as it can lead to improving AI model accuracy and delivering business results.

Digital Transformation 143

Digital Transformation Experimentation Cost-Benefit Strategy 143

CIO Business Intelligence

JANUARY 14, 2025

In todays digital economy, business objectives like becoming a leading global wealth management firm or being a premier destination for top talent demand more than just technical excellence. Enterprise architects must shift their focus to business enablement. The stakes have never been higher.

Enterprise 119

Enterprise Technology Metrics Measurement 119

CIO Business Intelligence

OCTOBER 24, 2024

Rosen sees a lot of experimentation without a clear sense of direction, from companies that don’t have a clear idea of what AI projects will match their business needs. AI projects should align with genuine business objectives and focus on delivering measurable results that support long-term strategic goals.”

IT 138

IT Experimentation Measurement Risk 138

CIO Business Intelligence

FEBRUARY 27, 2025

Here are six steps for CIOs leading this evolution in their digital operating models. In addition, CIOs must consider how to realign program managers, project managers, and the project management office (PMO) to a different operating model. Said another way, not everyone will get what they want, creating detractors.

IT 126

IT Digital Transformation Metrics Data-driven 126

CIO Business Intelligence

OCTOBER 14, 2024

If a CIO can’t articulate a clear vision of how technology will transform the business, it is unlikely they will inspire their staff. Some CIOs are reluctant to invest in emerging technologies such as AI or machine learning, viewing them as experimental rather than tools for gaining competitive advantage.

Digital Transformation 131

Digital Transformation Experimentation Cost-Benefit Risk 131

Timo Elliott

FEBRUARY 7, 2025

According to Gartners 2025 Leadership Vision for Enterprise Architecture , several key missteps are preventing EA from delivering the business impact it should. The Solution: Enterprise architects must redesign their operating models to support federated decision-making. Heres what EA professionals are getting wrongand how to fix it.

Enterprise 52

Enterprise IT Digital Transformation Cost-Benefit 52