CIO Business Intelligence

NOVEMBER 11, 2024

Amazon Web Services, Microsoft Azure, and Google Cloud Platform are enabling the massive amount of gen AI experimentation and planned deployment of AI next year, IDC points out. 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.

ROI 137

ROI Cost-Benefit Risk Experimentation 137

O'Reilly on Data

MARCH 25, 2025

The coordination tax: LLM outputs are often evaluated by nontechnical stakeholders (legal, brand, support) not just for functionality, but for tone, appropriateness, and risk. ML apps needed to be developed through cycles of experimentation (as were no longer able to reason about how theyll behave based on software specs).

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Testing Data-driven Software Measurement 168

CIO Business Intelligence

NOVEMBER 27, 2024

While in the experimentation phase, speed is a priority, the implementation phase requires more attention to resiliency, availability, and compatibility with other tools. 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.

Data Architecture 128

Data Architecture Cost-Benefit Machine Learning Experimentation 128

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. What are the associated risks and costs, including operational, reputational, and competitive? Click here to learn more about how you can advance from genAI experimentation to execution.

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Experimentation ROI Risk Data Quality 98

CIO Business Intelligence

OCTOBER 24, 2024

As they look to operationalize lessons learned through experimentation, they will deliver short-term wins and successfully play the gen AI — and other emerging tech — long game,” Leaver said. Forrester said most technology executives expect their IT budgets to increase in 2025.

ROI 127

ROI Data-driven Enterprise Experimentation 127

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. CIOs should consider placing these five AI bets in 2025.

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Cost-Benefit Data-driven Strategy Marketing 142

O'Reilly on Data

MARCH 18, 2020

Whether it’s controlling for common risk factors—bias in model development, missing or poorly conditioned data, the tendency of models to degrade in production—or instantiating formal processes to promote data governance, adopters will have their work cut out for them as they work to establish reliable AI production lines. But what kind?

Enterprise 347

Enterprise Deep Learning Data Governance Risk 347

CIO Business Intelligence

AUGUST 21, 2024

Adding smarter AI also adds risk, of course. “At The big risk is you take the humans out of the loop when you let these into the wild.” According to Gartner, an agent doesn’t have to be an AI model. It can also be a software program or another computational entity — or a robot. And, yes, enterprises are already deploying them.

Risk 136

Risk Insurance Cost-Benefit Software 136

CIO Business Intelligence

OCTOBER 17, 2024

While tech debt refers to shortcuts taken in implementation that need to be addressed later, digital addiction results in the accumulation of poorly vetted, misused, or unnecessary technologies that generate costs and risks. million machines worldwide, serves as a stark reminder of these risks.

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Risk Experimentation Testing Strategy 108

CIO Business Intelligence

AUGUST 20, 2024

CIOs have a new opportunity to communicate a gen AI vision for using copilots and improve their collaborative cultures to help accelerate AI adoption while avoiding risks. They must define target outcomes, experiment with many solutions, capture feedback, and seek optimal paths to delivering multiple objectives while minimizing risks.

IT 141

IT Digital Transformation Experimentation Risk 141

O'Reilly on Data

MARCH 31, 2020

If you’re already a software product manager (PM), you have a head start on becoming a PM for artificial intelligence (AI) or machine learning (ML). You already know the game and how it is played: you’re the coordinator who ties everything together, from the developers and designers to the executives. Why AI software development is different.

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Management Machine Learning Experimentation Metrics 363

Rocket-Powered Data Science

FEBRUARY 15, 2023

3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? encouraging and rewarding) a culture of experimentation across the organization. It is important to realize that the usual “hype cycle” rules prevail in such cases as this.

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Strategy Experimentation Uncertainty Machine Learning 290

CIO Business Intelligence

SEPTEMBER 10, 2024

My experience aligns with this trend. Our IT evolution Having worked primarily in traditionally structured industries like oil and gas, government, education and finance, I’ve witnessed firsthand how technology was once considered a commodity, a cost center. However, two crucial misconceptions persist. IT’s image problem?

IT 122

IT Risk Risk Management Predictive Modeling 122

CIO Business Intelligence

MARCH 5, 2025

Two years of experimentation may have given rise to several valuable use cases for gen AI , but during the same period, IT leaders have also learned that the new, fast-evolving technology isnt something to jump into blindly. Use a mix of established and promising small players To mitigate risk, Gupta rarely uses small vendors on big projects.

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Testing Measurement Technology Experimentation 99

O'Reilly on Data

SEPTEMBER 15, 2020

Technical competence results in reduced risk and uncertainty. AI initiatives may also require significant considerations for governance, compliance, ethics, cost, and risk. Results are typically achieved through a scientific process of discovery, exploration, and experimentation, and these processes are not always predictable.

Advertising 362

Advertising Cost-Benefit ROI Machine Learning 362

O'Reilly on Data

APRIL 19, 2021

After eliminating 1,580 respondents who didn’t complete the survey, we’re left with 3,574 responses—almost three times as many as last year. It’s possible that pandemic-induced boredom led more people to respond, but we doubt it. Whether they’re putting products into production or just kicking the tires, more people are using AI than ever before.

Enterprise 364

Enterprise Risk Modeling Manufacturing 364

CIO Business Intelligence

OCTOBER 8, 2024

The report adds: “They must build multidisciplinary teams to bring the strategy to life, encouraging the experimentation and fresh ideas that inspire employees and delight customers.” The drop was the largest among the CEOs surveyed. Among the IT leaders surveyed, 69% had confidence in their departments a decade ago; now just 47% do.

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IT Strategy Experimentation Technology 140

CIO Business Intelligence

NOVEMBER 7, 2024

Caldas has established herself as a decisive, growth-oriented executive and innovative strategist with an impressive track record of leading large complex transformations and executing with real solutions. In order to solve them, my technology team and I have to understand them at a deeper level. Many times it means going and seeing for yourself.

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Insurance Experimentation Testing Technology 120

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT. Following are seven steps to guide this transformation for competitive advantage.

IT 137

IT Risk Cost-Benefit Data Science 137

CIO Business Intelligence

MARCH 6, 2023

Otherwise, they say, IT simply moves the location of its servers from its own data centers to someone else’s — and risks missing out on the innovation, transformation, and speed to market that cloud adoption enables. Rather, Holden — like most CIOs — wanted his increasing use of cloud to enable and shape the company’s transformation agenda.

IT 140

IT Strategy Cost-Benefit Consulting 140

Aryng

APRIL 22, 2022

Most managers are good at formulating innovative […] The post How to differentiate the thin line separating innovation and risk in experimentation appeared first on Aryng's Blog. Is a feeling of despair engulfing you due to continuous experiment failures, making you believe that your ideas are inaccurate and wrong?

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Experimentation Risk Management IT 52

Dataiku

OCTOBER 2, 2019

It’s probably safe to say that for at least some of those explorers, the prospect of risk when it comes to data and AI projects is paralyzing, causing them to stay in a phase of experimentation.

Risk 14

Risk Experimentation Management Machine Learning 14

CIO Business Intelligence

OCTOBER 26, 2022

They need to become more creative in their delegation of responsibilities so that more time can be devoted to pushing experimentation,” Mains advises. Yet a single false move, made in haste or by a momentary lack of judgment, can leave a hard-earned reputation in ashes. Walker, a business consultant and coach.

IT 141

IT Consulting Experimentation Business Objectives 141

CIO Business Intelligence

SEPTEMBER 12, 2024

When technology professionals fall in love with any particular technology, or way of doing things, they make themselves and their skills vulnerable to the risk of obsolescence. It is often suggested that rapid advances in technology are threatening jobs in the IT sector perhaps more than any other.

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Management IT Experimentation Technology 115

CIO Business Intelligence

JULY 5, 2024

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. For AI and other areas, a corporate use policy can help educate users to potential risk areas, and hence manage risk, while still encouraging innovation.

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ROI Experimentation Risk Cost-Benefit 124

Smart Data Collective

MAY 22, 2022

The decisions are based on extensive experimentation and research to improve effectiveness without altering customer experience. With AI, the risk score for a device doesn’t depend on individual indicators. Predicting If a Device Is at Risk. Therefore, the risk score is always being adjusted accordingly.

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Data-driven Risk Experimentation IT 145

CIO Business Intelligence

JANUARY 10, 2025

Enterprise technology providers will introduce agentic AI capabilities throughout 2025, enabling organizations to move from experimentation and piloting to broad-scale deployment and integration into existing workstreams, said Todd Lohr, Head of Ecosystems at KPMGs US Advisory division. However, only 12% have deployed such tools to date.

ROI 81

ROI Enterprise Broadcasting Metrics 81

DataRobot Blog

DECEMBER 6, 2022

Other organizations are just discovering how to apply AI to accelerate experimentation time frames and find the best models to produce results. Taking a Multi-Tiered Approach to Model Risk Management. Data scientists are in demand: the U.S. Explore these 10 popular blogs that help data scientists drive better data decisions.

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Experimentation Forecasting Data-driven Machine Learning 145

Occam's Razor

NOVEMBER 17, 2008

There is a tendency to think experimentation and testing is optional. 4 Big Bets, Low Risks, Happy Customers. You have just launched something risky, yet you have controlled the risk by reducing exposure of the risky idea. You can control the risk you want to take. # And I meant every word of it. 2 Six And A Half Minutes.

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Testing Experimentation Risk Optimization 113

CIO Business Intelligence

MARCH 7, 2023

Oliver Wittmaier, CIO and product owner at DB SYSTEL GmbH DB SYSTEL GmbH Content generation is also an area of particular interest to Michal Cenkl, director of innovation and experimentation at Mitre Corp. “I Something that produces libraries and software is no different than searching GitHub,” he says. “We That’s incredibly powerful.”

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Enterprise IT Unstructured Data Experimentation 116

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management. What Is Model Risk?

Risk Management 64

Risk Management Risk Modeling Enterprise 64

CIO Business Intelligence

AUGUST 16, 2023

Digital alerts Another project deals with slow-moving vehicles, something that increases the risk of accidents on the roads. Not for experiments For a company like Svevia, there’s no room for experimentation, underlines Wester. “We We wanted to create an information supply for the entire company, though.”

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Risk Cost-Benefit Internet of Things Digital Transformation 98

CIO Business Intelligence

JULY 28, 2023

In addition to bottom-line benefits, employees are often inspired and motivated by innovation – seeking job opportunities that encourage experimentation and embrace new ideas. Tight budgets and labor shortages have remained an ongoing challenge for IT leaders in 2023. A closed feedback loop with end users at this stage is critical as well.

IT 98

IT Experimentation Digital Transformation Marketing 98

CIO Business Intelligence

OCTOBER 15, 2024

It may surprise you, but DevOps has been around for nearly two decades. Driven by the development community’s desire for more capabilities and controls when deploying applications, DevOps gained momentum in 2011 in the enterprise with a positive outlook from Gartner and in 2015 when the Scaled Agile Framework (SAFe) incorporated DevOps.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

CIO Business Intelligence

SEPTEMBER 23, 2024

From the rise of value-based payment models to the upheaval caused by the pandemic to the transformation of technology used in everything from risk stratification to payment integrity, radical change has been the only constant for health plans. The last decade has seen its fair share of volatility in the healthcare industry.

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Management Experimentation Data-driven Strategy 115

CIO Business Intelligence

JUNE 24, 2024

But in the short run, we risk building an astonishing, awe-inspiring technology that few use. If we remain solely focused on just building better and better AI capabilities, we risk creating an amazing technology without clear applications, public acceptance, or concrete returns for businesses. The Segway.

Risk 141

Risk Experimentation Enterprise Technology 141

CIO Business Intelligence

MARCH 19, 2025

This can cause risk without a clear business case. CIOs have the daunting task of educating it on the various flavors of this capability, and steering them to the most beneficial investments and strategies. Here, he walks through the journey and offers transformational CIOs some in-the-trenches advice. Thats gen AI driving revenue.

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Metrics Enterprise Cost-Benefit Experimentation 64