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CIOs weigh where to place AI bets — and how to de-risk them

CIO

When it comes to AI, Nafde sees risks in the vendors selected, the business-worthiness of the use case, and the cost of the initiative. To cope with the third risk area, cost, Nafde is spearheading efforts to empower in-house staff with the necessary skills, abilities, and tools to undertake AI initiatives internally. “The

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Firebolt, a data warehouse startup, raises $100M at a $1.4B valuation for faster, cheaper analytics on large data sets

TechCrunch

Israeli startup Firebolt has been taking on Google’s BigQuery, Snowflake and others with a cloud data warehouse solution that it claims can run analytics on large datasets cheaper and faster than its competitors. “We rarely see people not liking Snowflake. billion valuation. CEO Eldad Farkash once told me.

Analytics 218
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Which workloads are best suited for cloud vs. on-premises or edge?

CIO

The shift toward hybrid IT has clear upsides, enabling organizations to choose the right solution for each task and workload, depending on criteria such as performance, security, compliance, and cost, among other factors. Artificial intelligence (AI) projects are another useful example.

Cloud 257
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Data governance startup Immuta lands $100M to pursue acquisitions

TechCrunch

NightDragon led the funding with participation from Snowflake Ventures as well as existing investors Dell Technologies Capital, DFJ Growth, IAG, Intel Capital, March Capital, StepStone, Ten Eleven Ventures, and Wipro Ventures. Army intelligence officer in Baghdad. “We don’t see that slowing down.”

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How Pick n Pay’s migration to the cloud is paying off

CIO

This move to the cloud lays the foundation for further expansion into other cloud-based applications to deliver deeper insights and better digital services, as well as drive cost savings for the company and the consumer. We needed a strategy we felt was right for us going into the future and was also cost-effective,” says Tudor.

Cloud 246
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Which Workloads Belong On-Premises as Part of Hybrid IT

CIO

The shift toward hybrid IT has clear upsides, enabling organizations to choose the right solution for each task and workload, depending on criteria such as performance, security, compliance, and cost, among other factors. Artificial intelligence (AI) projects are another useful example.

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Chipotle’s recipe for digital transformation: Cloud plus AI

CIO

Garner’s flexible cloud infrastructure, which includes a data lake built on Snowflake, has also facilitated the chain’s implementation of PreciTaste, a SaaS and AI system that enables each store to properly forecast its supply needs. Analytics, Artificial Intelligence, Cloud Computing, Digital Transformation

Cloud 363