CIO Business Intelligence

DECEMBER 17, 2024

While genAI has been a hot topic for the past couple of years, organizations have largely focused on experimentation. Its the year organizations will move their AI initiatives into production and aim to achieve a return on investment (ROI). Track ROI and performance. In 2025, thats going to change.

Experimentation 98

Experimentation ROI Risk Data Quality 98

O'Reilly on Data

MARCH 31, 2020

Because it’s so different from traditional software development, where the risks are more or less well-known and predictable, AI rewards people and companies that are willing to take intelligent risks, and that have (or can develop) an experimental culture. Measurement, tracking, and logging is less of a priority in enterprise software.

Management 363

Management Machine Learning Experimentation Metrics 363

CIO Business Intelligence

AUGUST 14, 2024

Between building gen AI features into almost every enterprise tool it offers, adding the most popular gen AI developer tool to GitHub — GitHub Copilot is already bigger than GitHub when Microsoft bought it — and running the cloud powering OpenAI, Microsoft has taken a commanding lead in enterprise gen AI.

Enterprise 136

Enterprise Cost-Benefit Experimentation Modeling 136

Corinium

JUNE 6, 2019

Lack of clear, unified, and scaled data engineering expertise to enable the power of AI at enterprise scale. Some of the work is very foundational, such as building an enterprise data lake and migrating it to the cloud, which enables other more direct value-added activities such as self-service. It is fast and slow.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

CIO Business Intelligence

JULY 5, 2024

This is why many enterprises are seeing a lot of energy and excitement around use cases, yet are still struggling to realize ROI. So, to maximize the ROI of gen AI efforts and investments, it’s important to move from ad-hoc experimentation to a more purposeful strategy and systematic approach to implementation.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

IBM Big Data Hub

MARCH 4, 2024

This requires a holistic enterprise transformation. We refer to this transformation as becoming an AI+ enterprise. Figure 1: Transforming into an AI+ enterprise is at the core of what our team at IBM does An AI+ enterprise integrates AI as a first-class function across the business. times higher ROI.

Enterprise 96

Enterprise ROI Risk Strategy 96

CIO Business Intelligence

AUGUST 15, 2024

Determining the ROI for “ubiquitous” gen AI uses, such as virtual assistants or intelligent chatbots , can be difficult, says Frances Karamouzis, an analyst in the Gartner AI, hyper-automation, and intelligent automation group. CIOs need to be able to articulate the business value and expected ROI of each project.

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

CIO Business Intelligence

MAY 23, 2022

Enterprises moving their artificial intelligence projects into full scale development are discovering escalating costs based on initial infrastructure choices. The cloud is great for experimentation when data sets are smaller and model complexity is light. Alternate approach: Colocation services for AI infrastructure.

Experimentation 137

Experimentation Cost-Benefit Data Lake Data Science 137

datapine

JANUARY 31, 2022

For example, in regards to marketing, traditional advertising methods of spending large amounts of money on TV, radio, and print ads without measuring ROI aren’t working like they used to. They’re about having the mindset of an experimenter and being willing to let data guide a company’s decision-making process.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

CIO Business Intelligence

JANUARY 25, 2024

For enterprise executives in 2024, that means right-sizing those expectations and getting to work: justifying the right use cases, forming teams, and tracking progress and ROI. After a year of frenzied experimentation and investment, executives will have to identify truly valid use cases (and ROI) for AI in 2024.

ROI 105

ROI Experimentation Sales Machine Learning 105

IBM Big Data Hub

JANUARY 16, 2024

You need to move beyond experimentation to scale. Make lasting connections and exchange new ideas with IBM leaders, technical and consulting experts, partners and industry peers to help your business make AI the heart of your enterprise strategy to improve efficiencies, reduce costs, tackle cybersecurity threats and more.

Experimentation 96

Experimentation ROI Consulting Enterprise 96

CIO Business Intelligence

AUGUST 30, 2023

Corporate projects are classically evaluated on standard matrices such as return on investment (ROI), break-even period, and capital invested. Such a risk-based capital approach is important as it provides a new experimental push to the organization that may propel it into a new orbit,” says Rabra.

Digital Transformation 105

Digital Transformation Experimentation ROI Risk 105

CIO Business Intelligence

JULY 24, 2024

Yet, according to IDC’s March 2024 Future Enterprise Resiliency and Spending Survey, Wave 3 , 60% of organizations consider their digital infrastructure spending poorly aligned with expected business results. Key strategies for exploration: Experimentation: Conduct small-scale experiments.

Technology 98

Technology Experimentation Cost-Benefit Digital Transformation 98

CIO Business Intelligence

MAY 1, 2024

People want to see it be real this year,” says Bola Rotibi, chief of enterprise research at CCS Insight. Ready to roll It’s shorter to make a list of organizations that haven’t announced their gen AI investments, pilots, and plans, but relatively few are talking about the specifics of any productivity gains or ROI.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

CIO Business Intelligence

FEBRUARY 16, 2024

For payroll services company ADP, it has paved the way to becoming a SaaS provider capable of taking on big names in enterprise software. Still, ADP’s long-term experimentation with AI also includes use of Microsoft’s OpenAI Service and Databricks’ AI platforms, Nagrath says. An early partner of Amazon, the Roseburg, N.J.-based

Digital Transformation 116

Digital Transformation Experimentation Cost-Benefit Machine Learning 116

CIO Business Intelligence

APRIL 6, 2022

Enterprises are increasingly moving towards bringing together a human-centric experience with innovations led by cutting-edge technologies. While enterprises invest in innovation, key challenges such as successful sustenance, ROI realization, scaling and accelerating still remain. . Accelerate Innovation.

Experimentation 103

Experimentation Uncertainty Data Lake Enterprise 103

CIO Business Intelligence

JANUARY 2, 2024

He plans to scale his company’s experimental generative AI initiatives “and evolve into an AI-native enterprise” in 2024. To do that, he’s working with his enterprise colleagues and a cross-functional AI steering committee to devise a comprehensive AI integration initiative. It’s a tough move to make, he admits.

IT 144

IT Cost-Benefit Statistics Consulting 144

IBM Big Data Hub

OCTOBER 4, 2022

It is well known that Artificial Intelligence (AI) has progressed, moving past the era of experimentation. Today, AI presents an enormous opportunity to turn data into insights and actions, to amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. Challenges around managing risk.

Metadata 97

Metadata Risk Management Risk Experimentation 97

CIO Business Intelligence

AUGUST 1, 2023

Clean and prep your data for private LLMs Generative AI capabilities will increase the importance and value of an enterprise’s unstructured data, including documents, videos, and content stored in learning management systems. Improving customer support is a quick win for delivering short-term ROI from LLMs and AI search capabilities.

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Data Science 98

CIO Business Intelligence

DECEMBER 29, 2023

Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. Also, CIOs are asking what processes other people are using around determining proof of concepts, use cases, and ROI for generative AI,” he says.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

DataRobot Blog

FEBRUARY 28, 2023

According to Flexera 1 , 92% of enterprises have a multi-cloud strategy, while 80% have a hybrid cloud strategy. Integrating different systems, data sources, and technologies within an ecosystem can be difficult and time-consuming, leading to inefficiencies, data silos, broken machine learning models, and locked ROI.

Data Processing 72

Data Processing Experimentation Machine Learning Data Warehouse 72

FineReport

DECEMBER 11, 2019

Enterprises and individuals can only find the correct thinking mode by changing the existing thinking mode, giving up their fascination with past success, and learning creative ways of thinking. This book tells us how to make a positive and safe future in the face of massive information in the big data era. By Ohmae Kenichi.

Big Data 98

Big Data Statistics Experimentation Data Strategy 98

CIO Business Intelligence

APRIL 18, 2022

By narrowing the focus too quickly, IT leaders miss the opportunity to ensure their digital program is aligned with their enterprise strategy as a north star, Nanda says. They invest in cloud experimentation. They lead with a single technology — AI, cloud, or currently the metaverse, [which] is in a hype cycle.”.

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

DataRobot Blog

JANUARY 12, 2023

trillion predictions for customers around the globe, DataRobot provides both a strong machine learning platform and unique data science services that help data-driven enterprises solve critical business problems. Proven use cases and a decade of expertise helps organizations deliver ROI with responsible, enterprise-grade ML.

Management 59

Management Data-driven ROI Data Science 59

Domino Data Lab

JUNE 23, 2019

Skomoroch proposes that managing ML projects are challenging for organizations because shipping ML projects requires an experimental culture that fundamentally changes how many companies approach building and shipping software. And then you’ll do a lot of work to get it out and then there’ll be no ROI at the end.

Management 110

Management Machine Learning Experimentation Metrics 110

IBM Big Data Hub

MAY 9, 2023

It is well known that Artificial Intelligence (AI) has progressed, moving past the era of experimentation to become business critical for many organizations. Success in delivering scalable enterprise AI necessitates the use of tools and processes that are specifically made for building, deploying, monitoring and retraining AI models.

Metadata 71

Metadata Risk Experimentation Dashboards 71

DataRobot

JANUARY 13, 2022

Many companies find that they have a treasure trove of data but lack the expertise to use it to improve ROI. To move from experimental AI to production-level, trustworthy, and ROI-driven AI, it’s vital to align data scientists, business analysts, domain experts, and business leaders to leverage overlapping expertise from these groups.

ROI 52

ROI Machine Learning Experimentation Data Science 52

IBM Big Data Hub

MAY 17, 2024

Business leaders also need to look at their existing enterprise applications and decide which cloud migration strategy is most appropriate. Teams are comfortable with experimentation and skilled in using data to inform business decisions. These objectives will help determine what stage of maturity is necessary for the organization.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

Sisense

JULY 1, 2021

The average enterprise now uses 120 cloud-based marketing tools (according to chiefmartec.com); in many companies, marketing departments are the heaviest users of cloud services. We know in marketing that one of the most powerful ideas is experimentation,” Scott told Sisense. Powering up the marketing toolkit.

Marketing 52

Marketing Experimentation Marketing Analytics ROI 52

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. A key trend is the adoption of multiple models in production.

Cost-Benefit 89

Cost-Benefit Manufacturing Modeling Interactive 89

Smarten

APRIL 18, 2023

While new medical techniques and tools can take time to refine and prove, doctors often leverage experimental techniques to save lives. As these techniques are refined, they enter into the mainstream and become more common place. These White Papers will help you explore the issues and prepare for the challenges.

Digital Transformation 52

Digital Transformation Experimentation ROI Technology 52

Smarten

JULY 3, 2017

When an enterprise selects a self-serve business intelligence solution with Advanced Data Discovery , Smart Data Visualization , Plug n’ Play Predictive Analysis and Self-Serve Data Preparation , it can create an environment where business users are empowered and become greater assets to the organization. It’s simple!

Visualization 40

Visualization Predictive Modeling Business Intelligence Experimentation 40

Ontotext

APRIL 3, 2024

The first one is Enterprise 360 where organizations are saying, “The information about my most important assets is spread across many different systems. Nimit Mehta: I think that 2024 is going to be a buckle-down year, but, at the same time, we’ll see a rapid explosion of experimentation. Show me the ROI.”

Technology 45

Technology Risk Digital Transformation Measurement 45

CIO Business Intelligence

APRIL 9, 2025

The foundational tenet remains the same: Untrusted data is unusable data and the risks associated with making business-critical decisions are profound whether your organization plans to make them with AI or enterprise analytics. Like most, your enterprise business decision-makers very likely make decisions informed by analytics.

Enterprise 102

Enterprise Analytics Experimentation Statistics 102

CIO Business Intelligence

OCTOBER 1, 2024

Many organizations have struggled to find the ROI after launching AI projects, but there’s a danger in demanding too much too soon, according to IT research and advisory firm Forrester. Obvious use cases that enterprises experimented with last year are now table stakes and embedded in business software.” But an AI reset is underway.

ROI 131

ROI IT Measurement Experimentation 131

CIO Business Intelligence

JUNE 16, 2022

Any enterprise data management strategy has to begin with addressing the 800-pound gorilla in the corner: the “innovation gap” that exists between IT and business teams. It’s a common occurrence in all types of enterprises, and it’s difficult to wrestle to the ground. . – “The Rime of the Ancient Mariner” by Samuel Taylor Coleridge.

IT 135

IT Experimentation IoT Data-driven 135

CIO Business Intelligence

SEPTEMBER 9, 2024

Even Goldman Sachs, previously bullish on the AI story, has raised concerns over whether there’ll be positive ROI for many of the investments being made in the technology. We’re at that stage now with AI, and rapidly developing LLMs and their generative capabilities that are steadily diffusing through enterprises.

Cost-Benefit 131

Cost-Benefit Experimentation Digital Transformation ROI 131