Smart Data Collective

OCTOBER 19, 2023

Big data is changing the business models of many organizations. They will have an easier time doing so if they work with IT consultants. IT Consultants Can Be the Backbone of a Data-Driven Businesses Data-driven businesses must rely heavily on a sound IT infrastructure. This is where the unsung heroes, IT consultants, step in.

Consulting 124

Consulting Data-driven IT Digital Transformation 124

CIO Business Intelligence

NOVEMBER 21, 2024

The UAE provides a similar model to China, although less prescriptive regarding national security. The rest of the world: Light-touch or non-existent AI regulations India provides a model of how the rest of the world approaches AI, which aligns with the G7 model of voluntary compliance.

Consulting 120

Consulting Risk Risk Management Marketing 120

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. But the CIO had several key objectives to meet before launching the transformation.

IT 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

SEPTEMBER 26, 2024

Perhaps the most exciting aspect of cultivating an AI strategy is choosing use cases to bring to life. What model(s) do you choose? technology consulting leader, KPMG. For many of you, this is the white-knuckle time; the wrong decision can set your GenAI strategy back months. The answers will vary per business, of course.

Strategy 140

Strategy Modeling Consulting Sales 140

CIO Business Intelligence

DECEMBER 19, 2024

So far, no agreement exists on how pricing models will ultimately shake out, but CIOs need to be aware that certain pricing models will be better suited to their specific use cases. Lots of pricing models to consider The per-conversation model is just one of several pricing ideas.

Cost-Benefit 128

Cost-Benefit Modeling ROI Marketing 128

IBM Big Data Hub

MAY 25, 2023

IBM Consulting has established a Center of Excellence for generative AI. It stands alongside IBM Consulting’s existing global AI and Automation practice, which includes 21,000 data and AI consultants who have conducted over 40,000 enterprise client engagements. The CoE is off to a fast start.

Consulting 99

Consulting Machine Learning Experimentation Modeling 99

CIO Business Intelligence

MARCH 9, 2022

Today’s cloud strategies revolve around two distinct poles: the “lift and shift” approach, in which applications and associated data are moved to the cloud without being redesigned; and the “cloud-first” approach, in which applications are developed or redesigned specifically for the cloud. Embrace cloud-native principles.

Strategy 145

Strategy Consulting Risk Testing 145

DataKitchen

APRIL 13, 2021

DataOps needs a directed graph-based workflow that contains all the data access, integration, model and visualization steps in the data analytic production process. ModelOps and MLOps fall under the umbrella of DataOps,with a specific focus on the automation of data science model development and deployment workflows.

Testing 300

Testing Machine Learning Consulting Data Science 300

CIO Business Intelligence

APRIL 8, 2025

I aim to outline pragmatic strategies to elevate data quality into an enterprise-wide capability. Key recommendations include investing in AI-powered cleansing tools and adopting federated governance models that empower domains while ensuring enterprise alignment. When financial data is inconsistent, reporting becomes unreliable.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

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

FEBRUARY 6, 2025

As someone deeply involved in shaping data strategy, governance and analytics for organizations, Im constantly working on everything from defining data vision to building high-performing data teams. The hype around large language models (LLMs) is undeniable. They leverage around 15 different models. Theyre impressive, no doubt.

Unstructured Data 115

Unstructured Data Manufacturing Data Governance Sales 115

CIO Business Intelligence

JUNE 10, 2024

And CIOs are taking on the lion’s share of the quarterbacking,” says Saurajit Kanungo, president of the consulting firm CG Infinity and co-author of Demystifying IT: The Language of IT for the CEO. Moreover, many need deeper AI-related skills, too, such as for building machine learning models to serve niche business requirements.

Strategy 136

Strategy IT Machine Learning Consulting 136

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. Build versus buy: A balanced approach Organizations should adopt a mix of build-and-buy strategies tailored to their specific business and technology contexts.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

CIO Business Intelligence

JANUARY 7, 2025

Steven Narvaez, IT consultant and former CIO of the City of Deltona, Fla., The class was modeled on an already successful in situ medical terminology class designed to help non-clinical staff understand healthcare terminology. IT was counseled to be sensitive to their use of technical terminology when addressing non-IT pros.

IT 124

IT Consulting Machine Learning Technology 124

CIO Business Intelligence

JANUARY 24, 2024

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. Unfortunately, the road to data strategy success is fraught with challenges, so CIOs and other technology leaders need to plan and execute carefully. Here are some data strategy mistakes IT leaders would be wise to avoid.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

CIO Business Intelligence

NOVEMBER 6, 2024

Consulting giant Deloitte says 70% of business leaders have moved 30% or fewer of their experiments into production. As senior product owner for the Performance Hub at satellite firm Eutelsat Group Miguel Morgado says, the right strategy is crucial to effectively seize opportunities to innovate.

Forecasting 133

Forecasting Risk Technology Strategy 133

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. Moreover, these repatriations show how CIOs have a shrewder, more fluid cloud strategy today to ensure they don’t settle for less than what they want. a private cloud).

Optimization 128

Optimization Strategy IT Cost-Benefit 128

CIO Business Intelligence

OCTOBER 10, 2024

The demand for ESG initiatives has become an integral part of a company’s strategy for long-term success, offering a promising future for those who embrace them. Training large AI models, for example, can consume vast computing power, leading to significant energy consumption and carbon emissions.

Metrics 124

Metrics Optimization Strategy Technology 124

CIO Business Intelligence

OCTOBER 30, 2024

She is now CEO of 10Xresponsibletech, a consulting company focused on helping organizations design, integrate, and adopt business-aligned and responsible AI strategies. Are we building AI strategies that are aligned to business goals? And we need to create governance models that can be integrated across functions.

Strategy 131

Strategy Technology Risk IT 131

CIO Business Intelligence

JANUARY 22, 2024

However, understanding what’s going on with some large language models (LLMs) in terms of how they’ve been trained, and on what data and whether the outputs can be trusted, is another matter considering the increasing rate of hallucinations. Gartner estimates that by 2030, synthetic data will overtake the use of real data in AI models.

Data Strategy 132

Data Strategy Strategy Data-driven Enterprise 132

CIO Business Intelligence

JANUARY 24, 2023

A significant number of organizations are operating in a hybrid model — and expect to continue with that hybrid environment for the foreseeable future. Those principles, along with lessons learned during recent years, have helped Pfeiffer sharpen her tech strategy for supporting hybrid work in 2023.

Strategy 142

Strategy Consulting Technology Software 142

CIO Business Intelligence

JUNE 23, 2023

According to the MIT Technology Review Insights Survey, an enterprise data strategy supports vital business objectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their data strategy.

Data Strategy 116

Data Strategy Strategy Visualization Consulting 116

CIO Business Intelligence

DECEMBER 17, 2024

For AI models to succeed, they must be fed high-quality data thats accurate, up-to-date, secure, and complies with privacy regulations such as the Colorado Privacy Act, California Consumer Privacy Act, or General Data Protection Regulation (GDPR). Prioritize data quality and security. The same holds true for genAI. Track ROI and performance.

Experimentation 98

Experimentation ROI Risk Data Quality 98

CIO Business Intelligence

MARCH 15, 2022

Synthetic data is artificially generated information that can be used in place of real historic data to train AI models when actual data sets are lacking in quality, volume, or variety. Artificial data has many uses in enterprise AI strategies. a global management consulting firm. Synthetic data use cases.

Strategy 145

Strategy Testing Sales Modeling 145

CIO Business Intelligence

OCTOBER 24, 2024

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. Forrester also recently predicted that 2025 would see a shift in AI strategies , away from experimentation and toward near-term bottom-line gains. growth in device spending.

IT 133

IT Data-driven Recreation/Entertainment Experimentation 133

CIO Business Intelligence

JUNE 16, 2022

Cloud-first applications support a manageable OpEx cost model, metered like a utility, as opposed to requiring significant upfront capital investments in infrastructure and software licenses. That’s illustrated by the ability of cloud-first businesses to pivot to a remote work-from-home model with unprecedented speed and scale.”.

Strategy 138

Strategy Enterprise Digital Transformation Data Processing 138

CIO Business Intelligence

JANUARY 21, 2025

Well also examine strategies CIOs can use to address these challenges, ensuring their organizations can recognize the rewards of GenAI without compromising financial stability. Excessive infrastructure costs: About 21% of IT executives point to the high cost of training models or running GenAI apps as a major concern.

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

CIO Business Intelligence

NOVEMBER 26, 2024

According to Boston Consulting Group (BGC) survey, artificial intelligence isn’t new, but broad public interest in it is. Governments like the UAE showcase robust AI engagement, with initiatives like the Falcon 2 AI model, designed to compete with Meta and Open AI. Positioning the country at the forefront of AI development.

Technology 85

Technology Data Architecture Data-driven Consulting 85

CIO Business Intelligence

FEBRUARY 15, 2024

Following are ways CIOs can help overcome disconnect in the C-suite on the evolving nature of their role in an effort to better enable support for their digital strategies. The dialogue with the board and with human resources is fruitful, and the managers are receptive, which greatly facilitates the digital strategy.”

Strategy 134

Strategy Digital Transformation Cost-Benefit Forecasting 134

IBM Big Data Hub

SEPTEMBER 6, 2023

With the right generative AI strategy, marketers can mitigate these concerns. If the training data is biased or incomplete, the models may generate inaccurate content. This might include a virtual model wearing outfits that match the customer’s body type, fashion choices and activities of interest.

Marketing 112

Marketing Strategy B2B Cost-Benefit 112

CIO Business Intelligence

FEBRUARY 20, 2024

Moreover, most enterprise cloud strategies involve a variety of cloud vendors, including point-solution SaaS vendors operating in the cloud. The US Commerce Department in January, for example, proposed a rule banning Chinese companies from training their LLM models in US cloud environments.

Risk 131

Risk Enterprise Strategy Snapshot 131

CIO Business Intelligence

APRIL 9, 2025

Since the AI chatbots 2022 debut, CIOs at the nearly 4,000 US institutions of higher education have had their hands full charting strategy and practices for the use of generative AI among students and professors, according to research by the National Center for Education Statistics. Right now, we support 55 large language models, says Gonick.

Interactive 108

Interactive Technology Statistics Consulting 108

CIO Business Intelligence

FEBRUARY 26, 2025

AI agents are powered by gen AI models but, unlike chatbots, they can handle more complex tasks, work autonomously, and be combined with other AI agents into agentic systems capable of tackling entire workflows, replacing employees or addressing high-level business goals. Thats what Cisco is doing.

IT 141

IT Enterprise Interactive Data Quality 141

CIO Business Intelligence

AUGUST 28, 2024

For example, with several dozen ERPs and general ledgers, and no enterprise-wide, standard process definitions of things as simple as cost categories, a finance system with a common information model upgrade becomes a very big effort. For the technical architecture, we use a cloud-only strategy. This is a multi-year initiative.

Strategy 121

Strategy B2B Finance Enterprise 121

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

FEBRUARY 12, 2024

Ninety percent of C-suite executives are either waiting for genAI to move past its hype cycle or experimenting with it in small pilots because they don’t believe their teams can navigate the transformational change posed by genAI, according to Boston Consulting Group. Craft a strategy, build consensus GenAI is a transformational journey.

IT 137

IT Consulting Cost-Benefit Uncertainty 137

CIO Business Intelligence

MARCH 25, 2024

Modern digital organisations tend to use an agile approach to delivery, with cross-functional teams, product-based operating models , and persistent funding. But to deliver transformative initiatives, CIOs need to embrace the agile, product-based approach, and that means convincing the CFO to switch to a persistent funding model.

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Modeling Cost-Benefit IT ROI 124