CIO Business Intelligence

JANUARY 14, 2025

The time for experimentation and seeing what it can do was in 2023 and early 2024. At Vanguard, we are focused on ethical and responsible AI adoption through experimentation, training, and ideation, she says. I dont think anyone has any excuses going into 2025 not knowing broadly what these tools can do for them, Mason adds.

Strategy 141

Strategy ROI Experimentation Risk 141

CIO Business Intelligence

JANUARY 21, 2025

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. Even this breakdown leaves out data management, engineering, and security functions.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

CIO Business Intelligence

NOVEMBER 7, 2024

We are still maturing in this capability, but we have fully recognized that we have shared data responsibilities. We have a data office that focuses on data governance, data domain stewardship, and access, and this group sits outside of IT. Our approach is two-pronged. We have 25% of our employees on Liberty GPT.

Insurance 120

Insurance Experimentation Testing Technology 120

CIO Business Intelligence

DECEMBER 19, 2023

In the 2023 State of Data Science and Machine Learning Report , only 18% of respondents said that at least half their machine learning models make it into production. If CIOs don’t improve conversions from pilot to production, they may find their investors losing patience in the process and culture of experimentation.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

OCTOBER 3, 2024

Data security is one major advantage of running machine learning models and LLMs on the Z mainframe. Without needing to distribute data to disparate systems for AI analysis, enterprises will be less likely to compromise on their data governance and security. Huge savings in hardware — particularly on GPUs — is another.

Machine Learning 140

Machine Learning Experimentation Insurance Modeling 140

CIO Business Intelligence

NOVEMBER 21, 2023

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

IT 137

IT Risk Cost-Benefit Data Science 137

IBM Big Data Hub

JUNE 10, 2024

Cloud-based XaaS solutions provide scalability, flexibility and access to a wide range of AI tools and services, while on-premises XaaS offerings enable greater control over data governance, compliance and security. Embracing a culture of experimentation helps businesses drive innovation while minimizing financial risk.

Experimentation 62

Experimentation Optimization Risk Management Machine Learning 62