CIO Business Intelligence

OCTOBER 23, 2024

CIOs are under increasing pressure to deliver meaningful returns from generative AI initiatives, yet spiraling costs and complex governance challenges are undermining their efforts, according to Gartner. hours per week by integrating generative AI into their workflows, these benefits are not felt equally across the workforce.

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 141

CIO Business Intelligence

MARCH 4, 2025

This approach will help businesses maximize the benefits of agentic AI while mitigating risks and ensuring responsible deployment. With AI agents poised to take over significant portions of enterprise workflows, IT leaders will be faced with an increasingly complex challenge: managing them.

Management 119

Management IT Cost-Benefit Enterprise 119

CIO Business Intelligence

JANUARY 3, 2025

But many enterprises have yet to start reaping the full benefits that AIOps solutions provide. Understanding the root cause of issues is one situational benefit of AIOps. Research respondents believe AI will positively impact IT complexity and improve business outcomes. Beneath the surface, however, are some crucial gaps.

IT 105

IT Cost-Benefit Data Science Data-driven 105

CIO Business Intelligence

NOVEMBER 1, 2024

It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized. One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age.

IT 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

NOVEMBER 21, 2024

Increasing the pace of AI adoption If the headlines around the new wave of AI adoption point to a burgeoning trend, it’s that accelerating AI adoption will allow businesses to reap the full benefits of their data. This can mean deploying their AI models on laptops or servers with a large number of GPUs, such as the Dell PowerEdge XE9680.

IT 111

IT Cost-Benefit Optimization Manufacturing 111

CIO Business Intelligence

DECEMBER 9, 2024

This is particularly true with enterprise deployments as the capabilities of existing models, coupled with the complexities of many business workflows, led to slower progress than many expected. Foundation models (FMs) by design are trained on a wide range of data scraped and sourced from multiple public sources.

Enterprise 116

Enterprise Cost-Benefit ROI Measurement 116

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. CIOs must also drive knowledge management, training, and change management programs to help employees adapt to AI-enabled workflows.

Digital Transformation 143

Digital Transformation Experimentation Cost-Benefit Strategy 143

CIO Business Intelligence

MARCH 25, 2025

CIOs perennially deal with technical debts risks, costs, and complexities. Using the companys data in LLMs, AI agents, or other generative AI models creates more risk. Build up: Databases that have grown in size, complexity, and usage build up the need to rearchitect the model and architecture to support that growth over time.

Risk 140

Risk Cost-Benefit Data-driven Digital Transformation 140

CIO Business Intelligence

JANUARY 21, 2025

CIOs were given significant budgets to improve productivity, cost savings, and competitive advantages with gen AI. CIOs feeling the pressure will likely seek more pragmatic AI applications, platform simplifications, and risk management practices that have short-term benefits while becoming force multipliers to longer-term financial returns.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

CIO Business Intelligence

APRIL 24, 2025

However, these applications only show a small glimpse of what is possible with large language models (LLMs). A rough estimate: A large company with ten departments, each with five core functions, could benefit from five specialized applications per function. The short answer is no. How many such AI agents might a large company need?

Enterprise 125

Enterprise Sales Cost-Benefit B2B 125

CIO Business Intelligence

NOVEMBER 19, 2024

From obscurity to ubiquity, the rise of large language models (LLMs) is a testament to rapid technological advancement. Just a few short years ago, models like GPT-1 (2018) and GPT-2 (2019) barely registered a blip on anyone’s tech radar. Let’s review a case study and see how we can start to realize benefits now.

Testing 135

Testing Cost-Benefit Interactive ROI 135

CIO Business Intelligence

NOVEMBER 11, 2024

Nate Melby, CIO of Dairyland Power Cooperative, says the Midwestern utility has been churning out large language models (LLMs) that not only automate document summarization but also help manage power grids during storms, for example. Only 13% plan to build a model from scratch.

ROI 137

ROI Cost-Benefit Risk Experimentation 137

CIO Business Intelligence

DECEMBER 30, 2024

Small language models and edge computing Most of the attention this year and last has been on the big language models specifically on ChatGPT in its various permutations, as well as competitors like Anthropics Claude and Metas Llama models.

Software 141

Software ROI Modeling Interactive 141

datapine

JANUARY 24, 2021

An average business user and cross-departmental communication will increase its effectiveness, decreasing time to make actionable decisions and, consequently, provide a cost-effective solution. In our cutthroat digital age, the importance of setting the right data analysis questions can define the overall success of a business.

IT 317

IT Statistics KPI Data-driven 317

O'Reilly on Data

SEPTEMBER 15, 2020

AI Benefits and Stakeholders. AI is a field where value, in the form of outcomes and their resulting benefits, is created by machines exhibiting the ability to learn and “understand,” and to use the knowledge learned to carry out tasks or achieve goals. AI-generated benefits can be realized by defining and achieving appropriate goals.

Advertising 362

Advertising Cost-Benefit ROI Machine Learning 362

CIO Business Intelligence

MARCH 19, 2025

Meanwhile, in December, OpenAIs new O3 model, an agentic model not yet available to the public, scored 72% on the same test. The next evolution of AI has arrived, and its agentic. The technology is relatively new, but all the major players are already on board. So its not just about the use case, but about having the guardrails.

Software 143

Software Risk Enterprise Cost-Benefit 143

CIO Business Intelligence

JANUARY 15, 2025

As a consequence, these businesses experience increased operational costs and find it difficult to scale or integrate modern technologies. By leveraging large language models and platforms like Azure Open AI, for example, organisations can transform outdated code into modern, customised frameworks that support advanced features.

Cost-Benefit 124

Cost-Benefit Data-driven Enterprise Risk 124

CIO Business Intelligence

JANUARY 5, 2025

Research from Gartner, for example, shows that approximately 30% of generative AI (GenAI) will not make it past the proof-of-concept phase by the end of 2025, due to factors including poor data quality, inadequate risk controls, and escalating costs. [1] AI in action The benefits of this approach are clear to see.

Enterprise 124

Enterprise Cost-Benefit Unstructured Data Data Quality 124

CIO Business Intelligence

JANUARY 21, 2025

But alongside its promise of significant rewards also comes significant costs and often unclear ROI. For CIOs tasked with managing IT budgets while driving technological innovation, balancing these costs against the benefits of GenAI is essential.

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

CIO Business Intelligence

OCTOBER 22, 2024

Organizations that deploy AI to eliminate middle management human workers will be able to capitalize on reduced labor costs in the short-term and long-term benefits savings,” Gartner stated. “AI CMOs view GenAI as a tool that can launch both new products and business models. AI is evolving as human use of AI evolves.

Enterprise 135

Enterprise Risk IoT Cost-Benefit 135

O'Reilly on Data

NOVEMBER 28, 2023

And everyone has opinions about how these language models and art generation programs are going to change the nature of work, usher in the singularity, or perhaps even doom the human race. 16% of respondents working with AI are using open source models. 54% of AI users expect AI’s biggest benefit will be greater productivity.

Enterprise 343

Enterprise Modeling Testing Reporting 343

CIO Business Intelligence

MAY 6, 2025

The successful ones choose zero trust architecture rather than the network-centric, perimeter-based security models that are unequipped to face the threats of the digital era. Traditional security models: Whats the risk? All of this sets a hazardous stage for any organization trying to keep itself safe.

Modeling 59

Modeling Cost-Benefit Risk Technology 59

O'Reilly on Data

APRIL 30, 2024

Others retort that large language models (LLMs) have already reached the peak of their powers. These are risks stemming from misalignment between a company’s economic incentives to profit from its proprietary AI model in a particular way and society’s interests in how the AI model should be monetised and deployed.

Risk 320

Risk Advertising Cost-Benefit Sales 320

CIO Business Intelligence

FEBRUARY 6, 2025

As Windows 10 nears its end of support, some IT leaders, preparing for PC upgrade cycles, are evaluating the possible cloud cost savings and enhanced security of running AI workloads directly on desktop PCs or laptops. AI PCs can run LLMs locally but for inferencing only not training models. Still, the era of AI PCs is in its infancy.

Cost-Benefit 91

Cost-Benefit Modeling Marketing Enterprise 91

CIO Business Intelligence

DECEMBER 10, 2024

Bogdan Raduta, head of AI at FlowX.AI, says, Gen AI holds big potential for efficiency, insight, and innovation, but its also absolutely important to pinpoint and measure its true benefits. That gives CIOs breathing room, but not unlimited tether, to prove the value of their gen AI investments.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

AWS Big Data

NOVEMBER 22, 2024

Benefits of the dbt adapter for Athena We have collaborated with dbt Labs and the open source community on an adapter for dbt that enables dbt to interface directly with Athena. This upgrade allows you to build, test, and deploy data models in dbt with greater ease and efficiency, using all the features that dbt Cloud provides.

Data Lake 103

Data Lake Data Warehouse Cost-Benefit Data Transformation 103

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.

Modeling 124

Modeling Cost-Benefit IT ROI 124

Cloudera

NOVEMBER 13, 2024

Large Language Models (LLMs) will be at the core of many groundbreaking AI solutions for enterprise organizations. Here are just a few examples of the benefits of using LLMs in the enterprise for both internal and external use cases: Optimize Costs. The Need for Fine Tuning Fine tuning solves these issues.

Cost-Benefit 87

Cost-Benefit Data Processing Machine Learning Testing 87

AWS Big Data

JANUARY 9, 2025

Our experiments are based on real-world historical full order book data, provided by our partner CryptoStruct , and compare the trade-offs between these choices, focusing on performance, cost, and quant developer productivity. Data management is the foundation of quantitative research.

Metadata 111

Metadata Snapshot Cost-Benefit Optimization 111

CIO Business Intelligence

JANUARY 7, 2025

In todays fast-paced digital landscape, the cloud has emerged as a cornerstone of modern business infrastructure, offering unparalleled scalability, agility, and cost-efficiency. As organizations increasingly migrate to the cloud, however, CIOs face the daunting challenge of navigating a complex and rapidly evolving cloud ecosystem.

Optimization 98

Optimization Strategy Cost-Benefit Enterprise 98

CIO Business Intelligence

DECEMBER 19, 2024

The key areas we see are having an enterprise AI strategy, a unified governance model and managing the technology costs associated with genAI to present a compelling business case to the executive team. Another area where enterprises have gained clarity is whether to build, compose or buy their own large language model (LLM).

Experimentation 97

Experimentation Cost-Benefit Enterprise Strategy 97

AWS Big Data

JANUARY 15, 2025

EUROGATEs data science team aims to create machine learning models that integrate key data sources from various AWS accounts, allowing for training and deployment across different container terminals. EUROGATE is a leading independent container terminal operator in Europe, known for its reliable and professional container handling services.

IoT 111

IoT Machine Learning Metadata Data-driven 111

O'Reilly on Data

SEPTEMBER 19, 2023

” Consider the structural evolutions of that theme: Stage 1: Hadoop and Big Data By 2008, many companies found themselves at the intersection of “a steep increase in online activity” and “a sharp decline in costs for storage and computing.” Cloud computing? And Hadoop rolled in. The elephant was unstoppable.

Machine Learning 341

Machine Learning Testing Modeling Cost-Benefit 341

CIO Business Intelligence

NOVEMBER 19, 2024

If expectations around the cost and speed of deployment are unrealistically high, milestones are missed, and doubt over potential benefits soon takes root. The right tools and technologies can keep a project on track, avoiding any gap between expected and realized benefits. But this scenario is avoidable.

Analytics 97

Analytics Cost-Benefit Finance Data-driven 97

CIO Business Intelligence

FEBRUARY 27, 2025

Data professionals need to access and work with this information for businesses to run efficiently, and to make strategic forecasting decisions through AI-powered data models. Without integrating mainframe data, it is likely that AI models and analytics initiatives will have blind spots.

Metadata 98

Metadata Data Lake Cost-Benefit Forecasting 98

CIO Business Intelligence

MAY 21, 2024

With the generative AI gold rush in full swing, some IT leaders are finding generative AI’s first-wave darlings — large language models (LLMs) — may not be up to snuff for their more promising use cases. With this model, patients get results almost 80% faster than before. It’s fabulous.”

IT 131

IT Cost-Benefit Experimentation Forecasting 131

CIO Business Intelligence

JUNE 13, 2024

During the new AI revolution of the past year and a half, many companies have experimented with and developed solutions with large language models (LLMs) such as GPT-4 via Azure OpenAI, while weighing the merits of digital assistants like Microsoft Copilot. When adopting AI, sometimes the best direction is to go small.

IT 131

IT Cost-Benefit Machine Learning Testing 131