CIO Business Intelligence

NOVEMBER 19, 2024

Most IT and business executives recognize the necessity of close alignment. They understand that their strategies, capabilities, resources, and management systems should be configured to support the enterprise’s overarching purpose and goals. But the challenge many executives face is that they tend to focus on how their particular area aligns with overall goals, to the exclusion of other facets of the organization.

IT 141

IT Strategy Consulting Business Objectives 141

Analytics Vidhya

NOVEMBER 21, 2024

Introducing Hunyuan3D-1.0, a game-changer in the world of 3D asset creation. Imagine generating high-quality 3D models in under 10 seconds—no more long waits or cumbersome processes. This innovative tool combines cutting-edge AI and a two-stage framework to create realistic, multi-view images before transforming them into precise, high-fidelity 3D assets.

Modeling 264

Modeling Analytics 264

O'Reilly on Data

NOVEMBER 19, 2024

One popular term encountered in generative AI practice is retrieval-augmented generation (RAG). Reasons for using RAG are clear: large language models (LLMs), which are effectively syntax engines, tend to “hallucinate” by inventing answers from pieces of their training data. The haphazard results may be entertaining, although not quite based in fact.

Unstructured Data 252

Unstructured Data Structured Data Modeling Statistics 252

KDnuggets

NOVEMBER 6, 2024

Build an LLM application by easily picking and dropping components and connecting them, such as a vector store, web search, memory, and custom prompt.

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Optimization

CIO Business Intelligence

NOVEMBER 13, 2024

JP Morgan Chase president Daniel Pinto says the bank expects to see up to $2 billion in value from its AI use cases, up from a $1.5 billion estimate in May. And speaking at the Barclays Global Financial Services conference in September, he said gen AI will have a big impact in improving processes and efficiencies. The company has already rolled out a gen AI assistant and is also looking to use AI and LLMs to optimize every process.

IT 141

IT Consulting ROI Cost-Benefit 141

TDAN

NOVEMBER 20, 2024

Data quality issues continue to plague financial services organizations, resulting in costly fines, operational inefficiencies, and damage to reputations. Even industry leaders like Charles Schwab and Citibank have been severely impacted by poor data management, revealing the urgent need for more effective data quality processes across the sector.

Data Quality 114

Data Quality Management Data Governance 114

Analytics Vidhya

NOVEMBER 26, 2024

Machine learning (ML) has become a cornerstone of modern technology, enabling businesses and researchers to make data-driven decisions with greater precision. However, with the vast number of ML models available, choosing the right one for your specific use case can be challenging. Whether you’re working on a classification task, predicting trends, or building a recommendation […] The post How to Choose Best ML Model for your Usecase?

Modeling 245

Modeling Machine Learning Data-driven Technology 245

Smart Data Collective

NOVEMBER 14, 2024

Empower your e-commerce with machine learning: Your shield against fraud, ensuring safe transactions and happier customers!

Machine Learning 94

Machine Learning 94

KDnuggets

NOVEMBER 27, 2024

Terrified of calculus but dream of being a data scientist? Breathe easy! Discover the surprising truth about math in data science and how you can succeed without being a math genius.

Data Science 105

Data Science 105

CIO Business Intelligence

NOVEMBER 27, 2024

Once the province of the data warehouse team, data management has increasingly become a C-suite priority, with data quality seen as key for both customer experience and business performance. But along with siloed data and compliance concerns , poor data quality is holding back enterprise AI projects. And while most executives generally trust their data, they also say less than two thirds of it is usable.

Enterprise 140

Enterprise Data Quality Modeling Structured Data 140

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Business Intelligence

Analytics Vidhya

NOVEMBER 29, 2024

The year 2024 was nothing short of a rollercoaster for OpenAI, a company that has become synonymous with the cutting edge of artificial intelligence. From groundbreaking product launches to leadership shake-ups and even legal disputes, OpenAI navigated a whirlwind of events. These happenings showcased both the promise and the challenges of building advanced AI systems […] The post 2024 for OpenAI: Highs, Lows, and Everything in Between appeared first on Analytics Vidhya.

Analytics 226

Analytics 226

CIO Business Intelligence

NOVEMBER 19, 2024

Generative AI (GenAI) is rapidly emerging as a game changer for enterprises, but turning its potential into measurable value remains a significant challenge. According to a recent IDC study (Future Enterprise Resiliency and Spending Survey, Wave 4, IDC, April 2024), companies are conducting an average of 37 GenAI proofs of concept (POCs), with only five advancing to production.

Consulting 137

Consulting Cost-Benefit Experimentation Optimization 137

CIO Business Intelligence

NOVEMBER 18, 2024

In the face of shrinking budgets and rising customer expectations, banks are increasingly relying on AI, according to a recent study by consulting firm Publicis Sapiens. The Global Banking Benchmark Study 2024 , which surveyed more than 1,000 executives from the banking sector worldwide, found that almost a third (32%) of banks’ budgets for customer experience transformation is now spent on AI, machine learning, and generative AI.

Digital Transformation 137

Digital Transformation Consulting Cost-Benefit Marketing 137

CIO Business Intelligence

NOVEMBER 25, 2024

When it embarked on an ERP modernization project, the second time proved to be the charm for Allegis Corp., which performed two ERP deployments in seven years. “Two ERP deployments in seven years is not for the faint of heart,” admits Dave Shannon, CIO of the hardware distribution firm. Allegis had been using a legacy on-premises ERP system called Eclipse for about 15 years, which Shannon says met the business needs well but had limitations.

Digital Transformation 131

Digital Transformation Data Warehouse Data Governance Enterprise 131

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Data-driven

CIO Business Intelligence

NOVEMBER 22, 2024

The road ahead for IT leaders in turning the promise of generative AI into business value remains steep and daunting, but the key components of the gen AI roadmap — data, platform, and skills — are evolving and becoming better defined. That was the key takeaway from the “What’s Next for GenAI in Business” panel at last week’s Big.AI@MIT event, moderated by Lan Guan, CAIO at Accenture.

Unstructured Data 133

Unstructured Data Testing Modeling Enterprise 133

CIO Business Intelligence

NOVEMBER 12, 2024

Transformational CIOs recognize the importance of IT culture in delivering innovation, accelerating business impacts, and reducing operational and security risks. Without a strong IT culture, inspiring IT teams to extend beyond their “run the business” responsibilities into areas requiring collaboration between business colleagues, data scientists, and partners is challenging.

IT 139

IT Digital Transformation Management Experimentation 139

CIO Business Intelligence

NOVEMBER 21, 2024

Contar con una fábrica digitalizada es uno de los requisitos fundamentes para tener ventajas competitivas en el mercado. Y es que la tecnología en la nube pública, la automatización y la interconexión de los sistemas y procesos en la cadena de producción tienen un impacto más que comprobado en los resultados empresariales. No se trata de digitalizar por el mero hecho de digitalizar: la TI ya es una parte intrínseca del negocio.

Manufacturing 133

Manufacturing Software Enterprise 133

CIO Business Intelligence

NOVEMBER 14, 2024

Agentic AI is having a moment, as proponents see the benefits of using autonomous AI agents to automate manual tasks across organizations. Agentic AI, which Forrester named a top emerging technology for 2025 in June , takes generative AI a step further by emphasizing operational decision-making rather than content generation. The promise the approach has for impacting business workflows has organizations such as Aflac, Atlantic Health System, Legendary Entertainment, and NASA’s Jet Propulsion La

Business Intelligence 137

Business Intelligence Enterprise Recreation/Entertainment Software 137

Speaker: Mike Rizzo, Founder & CEO, MarketingOps.com and Darrell Alfonso, Director of Marketing Strategy and Operations, Indeed.com

Though rarely in the spotlight, marketing operations are the backbone of the efficiency, scalability, and alignment that define top-performing marketing teams. In this exclusive webinar led by industry visionaries Mike Rizzo and Darrell Alfonso, we’re giving marketing operations the recognition they deserve! We will dive into the 7 P Model —a powerful framework designed to assess and optimize your marketing operations function.

Marketing

CIO Business Intelligence

NOVEMBER 26, 2024

CEOs and CIOs appear to have conflicting views of the readiness of their organizations’ IT systems, with a large majority of chief executives worried about them being outdated, according to a report from IT services provider Kyndryl. About two-thirds of CEOs say they’re concerned their IT tools are out-of-date or close to the end of their lives, according to Kyndryl’s survey of 3,200 business and IT executives.

IT 128

IT Recreation/Entertainment Finance Risk 128

CIO Business Intelligence

NOVEMBER 28, 2024

For enterprises operating on the cloud, security and cost management are rising concerns. Typically, these issues are addressed in silos, with cyber teams and FinOps teams pursuing their charters and priorities separately — and with little thought given to collaboration opportunities between these teams that could be leveraged for better business results.

Cost-Benefit 126

Cost-Benefit Metrics Key Performance Indicator Reporting 126

CIO Business Intelligence

NOVEMBER 19, 2024

Many organizations are mortgaging their futures by reallocating IT resources from long-term projects to achieve short-term wins, according to a recent survey of CEOs. Two-thirds of CEOs surveyed by the IBM Institute for Business Value acknowledge raiding long-term IT projects to achieve short-term goals. At the same time, the CEOs surveyed see a focus on short-term performance as the top barrier to innovation.

Cost-Benefit 133

Cost-Benefit Risk Business Objectives Data-driven 133

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. But with the advent of GPT-3 in 2020, LLMs exploded onto the scene, captivating the world’s attention and forever altering the landscape of artificial intelligence (AI), and in the process, becoming an essential part of our everyday computing lives.

Testing 133

Testing Cost-Benefit Interactive ROI 133

Speaker: Jay Allardyce, Deepak Vittal, Terrence Sheflin, and Mahyar Ghasemali

As we look ahead to 2025, business intelligence and data analytics are set to play pivotal roles in shaping success. Organizations are already starting to face a host of transformative trends as the year comes to a close, including the integration of AI in data analytics, an increased emphasis on real-time data insights, and the growing importance of user experience in BI solutions.

Business Intelligence

CIO Business Intelligence

NOVEMBER 18, 2024

Traditionally viewed as rock-solid and steady, the insurance industry is not exactly associated with taking big risks. But Florida-based Brown & Brown Insurance put old-school conventions to the test when it joined a growing cadre of leading organizations remodeling IT to reflect the pervasive role of technology in business transformation. Under Executive Vice President and CIO Gray Nester, BBIN traded up the legacy IT moniker for the modern-day Technology Solutions Group brand.

IT 133

IT Insurance Strategy Technology 133

CIO Business Intelligence

NOVEMBER 11, 2024

While the ROI of any given AI project remains uncertain , one thing is becoming clear: CIOs will be spending a whole lot more on the technology in the years ahead. Research firm IDC projects worldwide spending on technology to support AI strategies will reach $337 billion in 2025 — and more than double to $749 billion by 2028. Those bullish numbers don’t surprise many CIOs, as IT leaders from nearly every vertical are rolling out generative AI proofs of concept, with some already in production.

ROI 136

ROI Cost-Benefit Experimentation Risk 136

CIO Business Intelligence

NOVEMBER 22, 2024

Generative AI has the potential to redefine productivity, create novel applications, and reinvent customer experience. But without a strategic approach, you could not only miss out on the promise of this powerful tool, but also drain time, energy, and resources away from other mission-critical initiatives across your organization. To that end, Kristen Backeberg, Director of Global ISV Partner Marketing at AWS, and Val Henderson, President and CRO at Caylent, recently sat down to discuss maybe th

ROI 130

ROI Strategy Marketing IT 130

CIO Business Intelligence

NOVEMBER 20, 2024

Meta has hired the former CEO of Salesforce AI, Clara Shih, to lead a new “Business AI” group. Salesforce has still not publicly acknowledged Shih’s departure , but it will be hard to ignore now that she’s announced her new role on her LinkedIn profile. Shih is now a vice president at Meta and the head of a new business AI group, she said in a post there.

Sales 131

Sales Software Modeling Enterprise 131

Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network

In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. Fortunately, digital tools now offer valuable insights to help mitigate these risks. However, the sheer volume of tools and the complexity of leveraging their data effectively can be daunting. That’s where data-driven construction comes in.

Data-driven

CIO Business Intelligence

NOVEMBER 26, 2024

As executives shift their attention to 2025, global minds are open — ever so briefly — to focusing on actually understanding and acting on technology trends and opportunities. Those of us who read tea leaves for a living lament the fact that IT trend analysis has, for the past three years, been hijacked by the term “ChatGPT.” Yes, every board member has played with generative AI.

Technology 126

Technology Forecasting IT Enterprise 126

CIO Business Intelligence

NOVEMBER 28, 2024

For its Generative AI Readiness Report, IT services company Avanade surveyed over 3,000 business and IT executives in 10 countries from companies with at least $500 million in annual revenue. Unsurprisingly, more than 90% of respondents said their organization needs to shift to an AI-first operating model by the end of this year to stay competitive — and time to do so is running out.

IT 124

IT Data Governance Risk Consulting 124

CIO Business Intelligence

NOVEMBER 27, 2024

From customer service chatbots to marketing teams analyzing call center data, the majority of enterprises—about 90% according to recent data —have begun exploring AI. However, there’s a significant difference between those experimenting with AI and those fully integrating it into their operations. For companies investing in data science, realizing the return on these investments requires embedding AI deeply into business processes.

Data Architecture 124

Data Architecture Cost-Benefit Machine Learning Experimentation 124

CIO Business Intelligence

NOVEMBER 4, 2024

As more generative AI projects move from proof-of-concept to production, CIOs will be shouldering the additional pressure of enacting AI governance policies to protect the enterprise — and their jobs. There is no dearth of AI governance frameworks available from the US government and European Union, as well as top market researchers, but no doubt, as gen AI innovation outpaces formal standards, CIOs will need to enact and hone internal AI governance policies in 2025 — and enlist the entire C-sui

Uncertainty 137

Uncertainty Cost-Benefit Risk Experimentation 137

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