November, 2024

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11 ways to ensure IT-business alignment

CIO Business Intelligence

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
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Tencent Hunyuan3D-1.0: 3D Modeling with AI-Driven Speed and Precision

Analytics Vidhya

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 271
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Unbundling the Graph in GraphRAG

O'Reilly on Data

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.

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Best No-Code LLM App Builders

KDnuggets

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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Optimizing The Modern Developer Experience with Coder

Many software teams have migrated their testing and production workloads to the cloud, yet development environments often remain tied to outdated local setups, limiting efficiency and growth. This is where Coder comes in. In our 101 Coder webinar, you’ll explore how cloud-based development environments can unlock new levels of productivity. Discover how to transition from local setups to a secure, cloud-powered ecosystem with ease.

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7 ways gen AI can create more work than it saves

CIO Business Intelligence

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
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Data Errors in Financial Services: Addressing the Real Cost of Poor Data Quality

TDAN

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.

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How to Choose Best ML Model for your Usecase?

Analytics Vidhya

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?

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Using Machine Learning to Prevent Fraud in E-Commerce Transactions

Smart Data Collective

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

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Math Myths Busted: What Beginners Actually Need for Data Science

KDnuggets

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.

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When is data too clean to be useful for enterprise AI?

CIO Business Intelligence

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.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Windsurf Editor: Revolutionizing Coding with AI-Powered Intelligence

Analytics Vidhya

In the dynamic world of software development, where innovation is the cornerstone of success, developers constantly seek tools that can enhance their productivity and streamline their workflows. Enter Windsurf Editor by Codeium, a revolutionary platform that redefines the coding experience by integrating the power of artificial intelligence (AI). The tech world is witnessing an extraordinary […] The post Windsurf Editor: Revolutionizing Coding with AI-Powered Intelligence appeared first on

Software 242
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Top 10 Python Libraries for Data Analysis

Analytics Vidhya

In the era of big data and rapid technological advancement, the ability to analyze and interpret data effectively has become a cornerstone of decision-making and innovation. Python, renowned for its simplicity and versatility, has emerged as the leading programming language for data analysis. Its extensive library ecosystem enables users to seamlessly handle diverse tasks, from […] The post Top 10 Python Libraries for Data Analysis appeared first on Analytics Vidhya.

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2024 for OpenAI: Highs, Lows, and Everything in Between

Analytics Vidhya

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.

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Top 8 failings in delivering value with generative AI and how to overcome them

CIO Business Intelligence

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.

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8 Steps to Transformation at Speed & Scale – Your Guide to Deploying StratOps

📌Is your Data & AI transformation struggling to really impact the business? Discover the game-changing StratOps approach that: Bridges the Gap : Connect your Data & AI strategy to your operating model, to ensure alignment at every level. Prioritizes Outcomes : Focuses on concrete business outcomes from day one, rather than capabilities in isolation.

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Banks bet on AI to deliver digital efficiencies

CIO Business Intelligence

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.

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ERP modernization: Still a make-or-break project for CIOs

CIO Business Intelligence

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.

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CIOs contend with gen AI growing pains

CIO Business Intelligence

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.

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10 ways to kill your IT culture

CIO Business Intelligence

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.

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Marketing Operations in 2025: A New Framework for Success

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.

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Agentic AI design: An architectural case study

CIO Business Intelligence

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.

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Smart Press Shop, la ‘fábrica digital como servicio’ que lleva las operaciones de producción de Porsche y Schuler al siguiente nivel

CIO Business Intelligence

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.

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Your IT infrastructure may be more outdated than you think

CIO Business Intelligence

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.

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Agentic AI: 6 promising use cases for business

CIO Business Intelligence

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

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Prepare Now: 2025s Must-Know Trends For Product And Data Leaders

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.

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Security-FinOps collaboration can reap hidden cloud benefits: 11 tips

CIO Business Intelligence

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.

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Shortsighted CEOs leave CIOs with increasing tech debt

CIO Business Intelligence

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.

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The ‘Great IT Rebrand’: Restructuring IT for business success

CIO Business Intelligence

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.

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CIOs to spend ambitiously on AI in 2025 — and beyond

CIO Business Intelligence

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.

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The Ultimate Guide To Data-Driven Construction: Optimize Projects, Reduce Risks, & Boost Innovation

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.

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From vision to value: A strategic approach to generative AI adoption

CIO Business Intelligence

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
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CIOs’ top 2025 goal? Turning around IT’s sagging reputation

CIO Business Intelligence

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.

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Meta creates ‘Business AI’ group led by ex-Salesforce AI CEO Clara Shih

CIO Business Intelligence

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.

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4 prerequisites for IT leaders to navigate today’s era of disruption

CIO Business Intelligence

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.

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The Cloud Development Environment Adoption Report

Cloud Development Environments (CDEs) are changing how software teams work by moving development to the cloud. Our Cloud Development Environment Adoption Report gathers insights from 223 developers and business leaders, uncovering key trends in CDE adoption. With 66% of large organizations already using CDEs, these platforms are quickly becoming essential to modern development practices.