Hello! I’m Mark Horseman, and welcome to The Cool Kids Corner. This is my monthly check-in to share with you the people and ideas I encounter as a data evangelist with DATAVERSITY. (Read last month’s column here.) This month, we’re talking about data ethics. The technology shift since the global pandemic has given rise to a […]
15 Essential Data Mining Techniques
Data mining techniques can be applied across various business domains such as operations, finance, sales, marketing, and supply chain management, among others. When executed effectively, data mining provides a trove of valuable information, empowering you to gain a competitive advantage through enhanced strategic decision-making. At its core, data mining is a method employed for the […]
Dremio Announces AI-Powered Data Discovery Capabilities
According to a new press release, data lakehouse platform Dremio unveiled AI-powered data discovery capabilities to enhance data contextualization and simplify analytics. Building on its generative AI text-to-SQL features, Dremio now incorporates GenAI-powered data documentation and labeling, reducing manual effort and providing comprehensive business context for analytics. This positions Dremio as an accessible analytics platform, […]
Hybrid Cloud Challenges and How to Avoid Them
Hybrid cloud solutions are indispensable in achieving a balance between data security, scalability, and innovation for banking, fintech, artificial intelligence (AI), and machine learning (ML) industries. These sectors encounter unique challenges, including regulatory complexities, data sensitivity, rapid transaction processing demands, cybersecurity risks, legacy systems, competition, shifting customer expectations, organizational resilience, and global operations. To overcome […]
Redefining Leadership: AI-Driven Innovation
In today’s ever-evolving landscape, leaders face a delicate balancing act when harnessing the power of AI to transform their data into valuable insights. On the one hand, the relentless speed of AI-driven advancement and fierce industry competition demand an agile, iterative approach to unlock AI’s full potential. On the other hand, the tightening grip of […]
NVIDIA Collaborates with Genentech to Speed Up Drug Discovery and Development Using AI
According to a new press release, Genentech, a leading biotechnology company, has recently announced a strategic collaboration with NVIDIA, a renowned technology company, to advance its efforts in drug discovery and development through the application of artificial intelligence (AI). The partnership aims to harness the power of NVIDIA’s cutting-edge AI technologies to accelerate the identification […]
Don’t Dawdle, Don’t Dabble – Scale AI, Now
Most enterprises suffer from spotty deployment and management of artificial intelligence (AI) initiatives. As different parts of the organization experiment with AI in silos, they waste both resources and the opportunity to learn from the experience of others. When my company commissioned an independent third-party survey of more than 2,500 AI practitioners across industries and geographies, […]
Machine Learning: Challenges and Opportunities for Modern Data Executives
The transformational promise of artificial intelligence (AI) and machine learning (ML) for enterprises has fueled enormous excitement and massive investment by data executives. One estimate predicts that AI’s contribution to the global economy could reach an extraordinary $15.7 trillion by 2030. That’s more than the current combined economic output of China and India. Yet, there seems […]
Snow Software Announces Its First Generative AI Assistant, Snow Copilot
According to a new press release, Snow Software has unveiled its first generative AI assistant, Snow Copilot, designed to address significant challenges in IT Asset Management (ITAM) and FinOps. Developed within Snow Labs, the innovation arm of Snow Software, Snow Copilot is an AI assistant that enables users to ask conversational questions and receive natural […]
IBM Unveils New Platform for AI Governance
According to a new press release, IBM has introduced watsonx.governance, a platform set to be available in early December. The platform is designed to assist businesses and governments in managing and building trust in generative AI. It addresses the challenges posed by generative AI, particularly those associated with large language models (LLM), such as potential […]