CIO Business Intelligence

NOVEMBER 1, 2024

Paul Beswick, CIO of Marsh McLennan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized.

IT 122

IT Insurance Consulting Risk 122

Smart Data Collective

OCTOBER 13, 2021

It’s similar to prices – price optimization through machine learning is a great tool to grow your revenue. Figuring out the best pricing model can be tricky. By processing and analyzing big amounts of data, they can help you establish optimized pricing plans. Hire machine learning to make optimal pricing decisions.

Machine Learning 137

Machine Learning Optimization Software Modeling 137

CIO Business Intelligence

OCTOBER 24, 2024

By 2026, hyperscalers will have spent more on AI-optimized servers than they will have spent on any other server until then, Lovelock predicts. In some cases, the AI add-ons will be subscription models, like Microsoft Copilot, and sometimes, they will be free, like Salesforce Einstein, he says. CEO and president there.

IT 133

IT Data-driven Recreation/Entertainment Experimentation 133

O'Reilly on Data

MARCH 25, 2025

Throughout this article, well explore real-world examples of LLM application development and then consolidate what weve learned into a set of first principlescovering areas like nondeterminism, evaluation approaches, and iteration cyclesthat can guide your work regardless of which models or frameworks you choose. Which multiagent frameworks?

Testing 168

Testing Data-driven Software Measurement 168

CIO Business Intelligence

NOVEMBER 1, 2024

Paul Beswick, CIO of Marsh McLellan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized.

IT 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

JULY 22, 2024

Chege, now CEO and principal consultant of Digital Transformation Experts, says he has worked with other companies that have made similar moves. As a result, organizations were unprepared to successfully optimize or even adequately run their cloud deployments and manage costs, prompting their move back to on-prem. a private cloud).

Optimization 128

Optimization Strategy IT Cost-Benefit 128

CIO Business Intelligence

JANUARY 8, 2025

Expense optimization and clearly defined workload selection criteria will determine which go to the public cloud and which to private cloud, he says. As VP of cloud capabilities at software company Endava, Radu Vunvulea consults with many CIOs in large enterprises. Computation needs are one of the most important factors, he says.

Data Processing 139

Data Processing Optimization Modeling Enterprise 139

CIO Business Intelligence

OCTOBER 10, 2024

The growing importance of ESG and the CIO’s role As business models become more technology-driven, the CIO must assume a leadership role, actively shaping how technologies like AI, genAI and blockchain contribute to meeting ESG targets. Similarly, blockchain technologies have faced scrutiny for their energy consumption.

Metrics 124

Metrics Optimization Strategy Technology 124

CIO Business Intelligence

FEBRUARY 6, 2025

The hype around large language models (LLMs) is undeniable. Think about it: LLMs like GPT-3 are incredibly complex deep learning models trained on massive datasets. In retail, they can personalize recommendations and optimize marketing campaigns. They leverage around 15 different models. Theyre impressive, no doubt.

Unstructured Data 115

Unstructured Data Manufacturing Data Governance Sales 115

CIO Business Intelligence

DECEMBER 3, 2024

Until employees are trained, companies should consult with external AI experts as they launch projects, he says. CIOs can help identify the training needed , both for themselves and their employees, but organizations should be responsible for the cost of training, he says. The technology is too novel and evolving,” he says. “As

Strategy 132

Strategy Digital Transformation Machine Learning Consulting 132

IBM Big Data Hub

OCTOBER 24, 2023

Organizations need simplified, integrated and automated solutions to help optimize IT spend, improve operations and drive greater financial returns. IBM Consulting is uniquely positioned to provide exceptional FinOps and TBM services, from strategic planning to operating model implementation and managed services.

Consulting 77

Consulting Manufacturing Optimization Data-driven 77

CIO Business Intelligence

FEBRUARY 1, 2023

As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. It’s an issue that’s coming to the fore with the steady migration to the cloud.

Optimization 111

Optimization Cost-Benefit Consulting Strategy 111

CIO Business Intelligence

MAY 24, 2022

CloudOps is an operations practice for managing the delivery, optimization, and performance of IT services and workloads running in a cloud environment. At a governance layer, we can implement better budgeting and financial tracking and optimization. What is CloudOps? Where CloudOps fits in the enterprise.

Optimization 111

Optimization Cost-Benefit Enterprise Machine Learning 111

CIO Business Intelligence

JANUARY 21, 2025

Excessive infrastructure costs: About 21% of IT executives point to the high cost of training models or running GenAI apps as a major concern. million in 2026, covering infrastructure, models, applications, and services. This emphasizes the difficulty in justifying new technology investments without clear, tangible financial returns.

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

Smart Data Collective

JANUARY 27, 2022

More businesses than ever are transitioning to data-driven business models. Tip: Be sure to consult with your employees before making any major purchases. Tip: When it comes to network upgrades, be sure to consult with your IT team before making any moves. Big data technology has become a very important aspect of our lives.

Optimization 124

Optimization IT Big Data Cost-Benefit 124

O'Reilly on Data

MARCH 23, 2023

Many of these go slightly (but not very far) beyond your initial expectations: you can ask it to generate a list of terms for search engine optimization, you can ask it to generate a reading list on topics that you’re interested in. It’s important to understand that ChatGPT is not actually a language model. with specialized training.

IT 346

IT Modeling Testing Risk 346

CIO Business Intelligence

NOVEMBER 16, 2023

A large language model (LLM) is a type of gen AI that focuses on text and code instead of images or audio, although some have begun to integrate different modalities. But there’s a problem with it — you can never be sure if the information you upload won’t be used to train the next generation of the model. It’s not trivial,” she says.

Modeling 139

Modeling Enterprise Sales Marketing 139

CIO Business Intelligence

APRIL 8, 2025

These strategies, such as investing in AI-powered cleansing tools and adopting federated governance models, not only address the current data quality challenges but also pave the way for improved decision-making, operational efficiency and customer satisfaction. When customer records are duplicated or incomplete, personalization fails.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

IBM Big Data Hub

FEBRUARY 5, 2024

Every asset manager, regardless of the organization’s size, faces similar mandates: streamline maintenance planning, enhance asset or equipment reliability and optimize workflows to improve quality and productivity. These foundation models, built on large language models, are trained on vast amounts of unstructured and external data.

Optimization 89

Optimization Management Key Performance Indicator Data-driven 89

IBM Big Data Hub

OCTOBER 17, 2023

For example, say we predict the quality of the clinker in advance, then we are able to optimize the heat energy and combustion in the cement kiln in such a way that quality clinker is produced at minimum energy. Such optimization of the processes reduces energy consumption and in turn reduces both energy emission and process emission.

Modeling 96

Modeling Optimization Manufacturing Data-driven 96

CIO Business Intelligence

AUGUST 4, 2022

That’s typically due to the exponential growth in dataset size and complexity of AI models. “In In an early phase, you might submit a job to the cloud where a training run would execute and the AI model would converge quickly,” says Tony Paikeday, senior director of AI systems at NVIDIA.

Modeling 97

Modeling Cost-Benefit ROI Data Lake 97

AWS Big Data

DECEMBER 12, 2024

Amazon Redshift , optimized for complex queries, provides high-performance columnar storage and massively parallel processing (MPP) architecture, supporting large-scale data processing and advanced SQL capabilities. In this post, we use dbt for data modeling on both Amazon Athena and Amazon Redshift.

Snapshot 78

Snapshot Recreation/Entertainment Experimentation Data Lake 78

CIO Business Intelligence

AUGUST 2, 2022

Then there are the much more involved “consultative” relationships where an outside team gives high-level strategic advice and may (or may not) stay on to carry out a big-ticket project. What if an issue involves more than a quick fix but less than a full-on engagement with a team of highly paid consultants? Who deals with those?

Modeling 98

Modeling Consulting Technology Software 98

datapine

MAY 2, 2023

You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. This isn’t just valuable for the customer – it allows logistics companies to see patterns at play that can be used to optimize their delivery strategies.

Big Data 275

Big Data Internet of Things Cost-Benefit Optimization 275

IBM Big Data Hub

SEPTEMBER 12, 2023

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The models also reduce private sector customs data collection costs by 40%.

Testing 83

Testing Modeling Cost-Benefit Consulting 83

O'Reilly on Data

MARCH 7, 2019

Language understanding benefits from every part of the fast-improving ABC of software: AI (freely available deep learning libraries like PyText and language models like BERT ), big data (Hadoop, Spark, and Spark NLP ), and cloud (GPU's on demand and NLP-as-a-service from all the major cloud providers). Health care has hundreds of languages.

Deep Learning 279

Deep Learning Testing Machine Learning Modeling 279

CIO Business Intelligence

OCTOBER 26, 2023

In this past quarter, we saw good revenue growth in software and consulting,” IBM CEO Arvind Krishna said during an earnings call. This is helping drive solid growth in our software and consulting businesses. However, Krishna said that the company will provide indemnity coverage to support all its large language models.

Consulting 131

Consulting Software Enterprise Modeling 131

Cloudera

JANUARY 24, 2023

First, it needed customized engagement models that would improve the customer experience. UBL selected Cloudera for its data platform and Blutech Consulting — Pakistan’s leading data analytics company and the preferred partner of Cloudera — for the implementation. Analytics for everyone.

Optimization 80

Optimization Data Analytics Analytics IT 80

CIO Business Intelligence

SEPTEMBER 19, 2024

Companies that fail to build their own AI agents will turn to outside AI consulting firms to build custom agents for them, or they will use agents embedded in software from their current vendors, write Forrester analysts Jayesh Chaurasia and Sudha Maheshwari. In addition, the power of agentic AIs is still in its infancy, they say.

IT 138

IT Cost-Benefit Consulting Modeling 138

IBM Big Data Hub

NOVEMBER 27, 2023

According to a Gartner® report , “By 2026, more than 80% of enterprises will have used generative AI APIs or models, and/or deployed GenAI-enabled applications in production environments, up from less than 5% in 2023.”* The watsonx.governance toolkit and watsonx.ai

Consulting 71

Consulting Software Optimization Metrics 71

CIO Business Intelligence

MARCH 9, 2022

Of course, many enterprises land on embracing both methods, says Nicholas Merizzi, a principal at Deloitte Consulting. Some clients look at the ‘lift and shift then optimize’ approach as a viable path to get their developers and environments over to the cloud sooner, and then optimize [for the cloud] once they are operating in the cloud.”.

Strategy 145

Strategy Consulting Risk Testing 145

IBM Big Data Hub

MAY 1, 2023

However, regardless of your cloud cost optimization strategy, achieving operational excellence at scale and taking advantage of the elasticity of the cloud requires software that optimizes your consumption simultaneously for performance and cost—and makes it easy for you to automate it, safely and confidently.

Optimization 79

Optimization ROI Dashboards Consulting 79

CIO Business Intelligence

MARCH 4, 2025

This means a majority of respondents rated their DR/resiliency as either managed (4) or optimized (5) very good ratings. Daniel Saroff is group vice president of consulting and research at IDC, where he is a senior practitioner in the end-user consulting practice. Stakeholder alignment: Who is responsible?

Testing 64

Testing Risk Consulting Risk Management 64

Rocket-Powered Data Science

FEBRUARY 12, 2021

IA incorporates feedback, learning, improvement, and optimization in the automation loop. The AAI report covers these industries: energy/utilities, financial/insurance, government, healthcare, industrial/manufacturing, life sciences, retail/consumer, services/consulting, technology, telecom, and transportation/airlines.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

CIO Business Intelligence

AUGUST 16, 2023

ChatGPT is capable of doing many of these tasks, but the custom support chatbot is using another model called text-embedding-ada-002, another generative AI model from OpenAI, specifically designed to work with embeddings—a type of database specifically designed to feed data into large language models (LLM).

Modeling 98

Modeling Enterprise Cost-Benefit Data Science 98

CIO Business Intelligence

JULY 10, 2024

Google had to pause its Gemini AI model due to inaccuracies in historical images. The graphic below describes AI maturity levels as defined by IDC’s MaturityScape model. Daniel Saroff is group vice president of consulting and research at IDC, where he is a senior practitioner in the end-user consulting practice.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

Smarten

MARCH 19, 2025

As you discuss AI opportunities with your team and your IT consultant, be sure you understand the terminology. To function, GenAI models must be trained, using large datasets. Tools like DALL-E, Stable Diffusion, and ChatGPT are based on multimodal models. It uses a large volume of data and parameters to train the model.

Cost-Benefit 52

Cost-Benefit Digital Transformation Manufacturing Machine Learning 52