Remove Cost-Benefit Remove Strategy Remove Uncertainty
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Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. I suggest that the simplest business strategy starts with answering three basic questions: What? Those F’s are: Fragility, Friction, and FUD (Fear, Uncertainty, Doubt).

Strategy 290
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Navigate AI market uncertainty by bringing AI to your data

CIO Business Intelligence

And while LLM providers are hoping you choose their platforms and applications, it’s worth asking yourself whether this is the wisest course of action as you seek to keep costs down while preserving security and governance for your data and platforms. Can you blame them?

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How to Set AI Goals

O'Reilly on Data

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.

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12 Cloud Computing Risks & Challenges Businesses Are Facing In These Days

datapine

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237
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Is an integrated ERP suite or a composable ERP strategy right for you?

CIO Business Intelligence

Today’s business climate is rife with economic uncertainty that is causing IT leaders to do more with less while still innovating to support the business. The other key ingredient is to lower the cost of support and services for the core in order to create funds for innovation. Let’s dive in.

Strategy 105
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What your CFO really needs in periods of economic uncertainty

CIO Business Intelligence

The pressure is on to navigate economic uncertainty. Build multiple budget scenarios with increasing levels of cost reduction to illustrate the plays you could run in response to various market conditions. If your top line is shrinking, prepare for questions on adjusting your cost structure to sustain margins during the storm.

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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

However, there are even more important benefits of using big data during a bad economy. As a result, they will need to invest in data analytics tools to sustain a competitive edge in the face of growing economic uncertainty. Big data offers many benefits for companies in any economy. Some of these benefits include the following.