Quantum computing is on the cusp of turning the data science world upside down, offering a level of processing power we’ve only dreamed of until now. This new frontier has an incredible potential to reshape the way we approach data analysis, predictive modeling, and solving the kind of complex problems that have always been a tough […]
Answers for the IT Skills Gap
Consider these statistics: 75% of IT decision-makers have reported gaps in the skill sets of their IT staff – and this is a 145% increase over the past seven years, reported Skillsoft. Six in 10 large enterprises reported a skills gap, according to the Computing Technology Industry Association (CompTIA). Globally, the shortage of qualified IT professionals was […]
The AI Trust Gap: A Psychological Perspective
Only 52% of employees are confident their organization will ensure AI is implemented in a responsible and trustworthy way, according to Workday’s Closing the AI Trust Gap report. Trust will be key to getting employees engaged in the change needed to realize AI’s full potential. In my last post I looked at what can be done from a cultural perspective. In this […]
Debunking Cloud and Cloud Migration Myths
Many companies hesitate to migrate to the cloud for a variety of valid reasons. However, these migration concerns are often based on misconceptions that keep companies from realizing the financial and operational benefits of the cloud. The following blog post addresses some of the myths around the public cloud, including cost control obstacles, compliance shortfalls, […]
The Rise of Generative AI in Insurance
The global market for artificial intelligence (AI) in insurance is predicted to reach nearly $80 billion by 2032, according to Precedence Research. This growth is being driven by the increased adoption of AI within insurance companies, enhancing their operational efficiency, risk management, and customer engagement. Despite widespread integration of AI in the industry today, its full […]
10 Advantages of Real-Time Data Streaming in Commerce
While early science fiction shows like “Buck Rogers” (1939) and “The Fly” (1950) depicted teleportation technology, it was Star Trek’s transporter room that made real-time living matter transfer a classical sci-fi trope. While we haven’t built technology that enables real-time matter transfer yet, modern science is pursuing concepts like superposition and quantum teleportation to facilitate information transfer across any distance […]
Ask a Data Ethicist: What Data Is OK to Use to Prompt ChatGPT?
Millions of people are using ChatGPT on a regular basis to assist them in both personal and professional capacities. This month’s question centers on the data used to prompt ChatGPT. Our reader, who shared that they are an ESL speaker, would like to know if it’s ethical to have ChatGPT create summaries of information (specifically, […]
Going Green: 3 Actionable Steps to Implement Sustainable Cloud Computing
Research has shown that information and communication technology’s true proportion of global greenhouse gas emissions, including cloud computing, could be around 2.1-3.9%, which equates to higher emissions than the aviation industry. And as businesses increasingly rely on the cloud, minimizing this impact becomes critical. While most major cloud providers are talking about going green– AWS and […]
The Swashbuckling Guide to Building an Analytics Center of Excellence
Ahoy, data adventurers! Embarking on the thrilling journey of building a successful Analytics Center of Excellence (CoE) is akin to navigating the vast seas of data-driven decision-making. As a seasoned captain who’s steered the ship through the turbulent waters of financial services, retail, CPG, and telecom industries, I’ve charted a course that’s proven its mettle […]
Future-Proof Your Cyber Risk Management with These Top Trends in 2024 (Part I)
The global marketplace faces an increasingly destructive cyber risk landscape each year, and 2024 is set to confirm this trend. The cost of data breaches alone is expected to reach $5 trillion, a growth of 11% from 2023. As technology advances, attackers continue to develop new, more sophisticated methods for infiltrating systems and exploiting vulnerabilities. Among […]