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An Enterprise Data Strategy for Building the Trustworthy AI Practice

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Photo by Christina Morillo from Pexels Introduction The current decade is a time of unprecedented growth in data-driven technologies with unlimited opportunities.

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10 AI strategy questions every CIO must answer

CIO Business Intelligence

The 2024 Enterprise AI Readiness Radar report from Infosys , a digital services and consulting firm, found that only 2% of companies were fully prepared to implement AI at scale and that, despite the hype , AI is three to five years away from becoming a reality for most firms. Is our AI strategy enterprise-wide?

Strategy 141
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From project to product: Architecting the future of enterprise technology

CIO Business Intelligence

For CIOs leading enterprise transformations, portfolio health isnt just an operational indicator its a real-time pulse on time-to-market and resilience in a digital-first economy. In todays digital-first economy, enterprise architecture must also evolve from a control function to an enablement platform.

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AI in the C-suite: Using AI to shape business strategy

CIO Business Intelligence

Schumacher and others believe AI can help companies make data-driven decisions by automating key parts of the strategic planning process. This process involves connecting AI models with observable actions, leveraging data subsequently fed back into the system to complete the feedback loop,” Schumacher said.

Strategy 128
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Why Data Driven Decision Making is Your Path To Business Success

datapine

The term ‘big data’ alone has become something of a buzzword in recent times – and for good reason. By implementing the right reporting tools and understanding how to analyze as well as to measure your data accurately, you will be able to make the kind of data driven decisions that will drive your business forward.

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Steps taken to build Sevita’s first enterprise data platform

CIO Business Intelligence

As such, the data on labor, occupancy, and engagement is extremely meaningful. Here, CIO Patrick Piccininno provides a roadmap of his journey from data with no integration to meaningful dashboards, insights, and a data literate culture. You ’re building an enterprise data platform for the first time in Sevita’s history.

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CIOs face mounting pressure as AI costs and complexities threaten enterprise value

CIO Business Intelligence

In a survey of 451 senior technology executives conducted by Gartner in mid-2024, a striking 57% of CIOs reported being tasked with leading AI strategies. Gartner’s data revealed that 90% of CIOs cite out-of-control costs as a major barrier to achieving AI success. It’s essential to evaluate all AI initiatives using the same criteria.