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Briefing the board on AI: Educate to tee up investment

CIO

Still, a 2023 McKinsey report corroborated this need for boards to be briefed on AI, finding that while 33% of businesses were already using AI and 40% were planning to aggressively invest in it, only 25% had AI on their board agendas. Is it sufficiently skilled and diverse enough to assure that the AI algorithms it develops are inclusive?

Briefing 448
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AI Technology Leads to Impressive Benefits with Algorithmic Trading

Smart Data Collective

One of the ways to make money through the use of AI technology is with algorithmic trading. What is algorithmic trading? One such avenue for making money is algorithmic trading. Automated trading (also known as “algorithmic trading”) works by using AI algorithms to perform trades. Advantages.

Algorithm 298
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Your AI journey: Destined for the ditch?

CIO

Every executive I spoke with had just come from “briefing their board” about artificial intelligence. As an investor and customer, I am very interested in who exactly is briefing the board and what is the content of that briefing.

Briefing 397
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The genAI opportunity: From ‘data to insight’ to ‘context to action’

CIO

Consider a file share full of briefing documents and presentations, the team’s email inboxes, and even the moment in a sales presentation where the prospect seems to perk up. Proven reliability is expected–and once it’s achieved, algorithms can operate at machine speed and scale, delivering a lot of value.

Briefing 441
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Big Data: The Technology Behind Retailers Success

Smart Data Collective

Here’s a brief overview of the top benefits it brings: A better understanding of the customer. In dynamic pricing strategy, algorithms examine competitor’s pricing and inventory current levels and select the best price that allows retail industry players to stay competitive and gain profit. Key advantages of big data in retail.

Retail 362
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How to minimize remote access cyber security threats in 2024

CIO

In addition to implementing the below suggestions, I suggest monitoring for emerging threats through comprehensive efforts that will set up a strong baseline for your company, such as a service retainer for threat landscape briefings or an audit of your organization’s attack surface for risk.

Security 468
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How Graph Analytics is Helping Improve Personalized Healthcare

CIO

For healthcare professionals, sophisticated graph algorithms can return specific results, and graph visualization tools allow analysts to make useful connections and identify patterns that help solve problems. Hence the business case for graph databases. 2] Storing and accessing this data alone is not enough. 1] [link] [2] [link].