Remove Benchmarking Remove Data Analysis Remove Management
article thumbnail

Banks bet on AI to deliver digital efficiencies

CIO

The Global Banking Benchmark Study 2024 , which surveyed more than 1,000 executives from the banking sector worldwide, found that almost a third (32%) of banks’ budgets for customer experience transformation is now spent on AI, machine learning, and generative AI.

Banking 530
article thumbnail

Beyond the hype: Do you really need an LLM for your data?

CIO

Another client that comes to mind is a company that monetizes operational benchmarking of clinical facilities. Their data primarily consisted of a huge volume of member surveys. This type of complex, multi-modal data analysis, where structured and unstructured data converge, is precisely where LLMs can shine.

Analysis 431
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NetSuite adds generative AI to its entire ERP suite

CIO

The company has also added new capabilities to its planning and budgeting feature to help enterprises automate data analysis for preparing budgets. The company has added a new set of capabilities under the umbrella of NetSuite Enterprise Performance Management (EPM).

IT 493
article thumbnail

Generative AI copilots: What’s hype and where to drive results

CIO

CIOs must also partner with CISOs, legal, human resources, and business leaders to build awareness of policies and develop a generative AI risk management strategy. Copilot benchmarks show productivity improvements Early benchmarks show that people using copilots are more productive and use time savings to focus on higher-level functions.

article thumbnail

10 Best Sales Analytics Software Tools: Turning Data into Revenue

Zoominfo

By visualizing data through intuitive dashboards and providing predictive insights, sales analytics software transforms how businesses approach sales management. Why Sales Analytics is Essential for Success Sales analytics tools have become integral to companies striving to make informed, data-driven decisions.

Sales 246
article thumbnail

What is business intelligence? Transforming data into business insights

CIO

Faster analysis and intuitive dashboards: BI improves reporting efficiency by condensing reports into dashboards that are easy for non-technical users to analyze, saving them time when seeking to glean insights from data. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward.

article thumbnail

Climate tech opportunities for IT pros

CIO

Water management projects are more dominant in water-scarce regions, Breckenridge says. Government agencies and nonprofits also seek IT talent for environmental data analysis and policy development. Still, there may be some non-traditional benefits that IT managers might offer to lure needed talent. In the U.S.,

IT 195