The process of building a successful AI strategy has changed. In November of 2022, the evolution of artificial intelligence took a dramatic leap forward: OpenAI developed a more evolved, smarter chatbot called ChatGPT. By combining generative AI with large language models and highly functional algorithms, the company developed a chatbot supporting a new level of […]
Why Master Data Management (MDM) and AI Go Hand in Hand
Organizations have long struggled with the “eternal data problem” – that is, how to collect, store, and manage the massive amount of data their businesses generate. This problem will become more complex as organizations adopt new resource-intensive technologies like AI and generate even more data. By 2025, the IDC expects worldwide data to reach 175 zettabytes, more […]
Qlik Report Highlights the Importance of Data Fabric for Generative AI Success
According to a new press release, Qlik’s Generative AI Benchmark Report, based on research executed by Enterprise Technology Research (ETR) in August 2023, reveals that enterprises are increasing investments in technologies to enhance data fabrics and achieve success with generative AI. The report, which surveyed 200 C-level executives, VPs, and directors from Global 2000 firms, […]
Navigating AI and Its Impact on Business and Society
Artificial intelligence (AI) is no longer a distant concept – it’s already here, and it’s reshaping the way businesses and society operate. This presents both challenges and opportunities, and as a business leader, your ability to keep up with the intricate world of emerging technologies such as artificial intelligence is crucial. Preparation and execution are […]
Akkio Launches Generative Business Intelligence Tool for SMBs
According to a new press release, Akkio, a leader in generative business intelligence for small and medium businesses (SMBs), has launched Generative Reports, an AI tool designed to transform data into actionable insights instantly. This first-of-its-kind tool empowers SMBs by allowing them to connect their data and describe their project, after which Generative Reports automatically […]
Transforming Decision-Making Processes
On a typical day, managers spend 37% of their time making decisions, according to a McKinsey study. Decisions are the lifeblood of a business and need to be made with accuracy and speed. The manual and complex process of decision-making today amounts to 530,000 days of lost productivity and roughly $250 million in labor costs for the […]
Strategies for Tackling Digital Transformation Resistance
The often-overused phrase “digital transformation” instills a sense of excitement and progress for many executives. But for some business leaders, digital transformation means intimidation or mystery. When the former group is tasked with selling data-driven technology initiatives to the latter group, they face formidable challenges. They must win hearts and minds to get buy-in, sometimes faced with […]
Kyndi Introduces Latest Version of Its Generative AI Answer Engine
According to a new press release, Kyndi has launched Kyndi 6.0, the latest version of its Generative AI Answer Engine, designed to enhance knowledge management and AI transparency for enterprises. The release, available immediately, introduces innovative features that aim to streamline content and knowledge management processes. These features expand the use cases of generative AI […]
Data Governance in the Age of Generative AI
AI-based business models and products that use generative AI (GenAI) are proliferating across a wide range of industries. The current wave of AI is creating new ways of working, and research suggests that business leaders feel optimistic about the potential for measurable productivity and customer service improvements, as well as transformations in the way that […]
Is Your Data Ready for Generative AI?
Generative AI (GenAI) is all the rage in the world today, thanks to the advent of tools like ChatGPT and DALL-E. To their credit, these innovations are extraordinary. They’ve put the power of artificial intelligence and machine learning (AI/ML) into the hands of everyday users. However, these tools have also skewed our perceptions of what […]