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Three predictions for AI and automation business adoption

CIO

That’s one of the main themes from IDC’s recent predictions report, “IDC FutureScape: Worldwide Artificial Intelligence and Automation 2024 Top 10 Predictions”. As for how Gen AI’s benefits will be measured, Fleming said it depends on each organization’s existing business KPIs (key performance indicators).

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5 hot IT budget investments — and 2 going cold

CIO

The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. CIOs anticipate an increased focus on cybersecurity (70%), data analysis (55%), data privacy (55%), AI/machine learning (55%), and customer experience (53%).

Budget 362
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Digital KPIs: The secret to measuring transformational success

CIO

For example, McKinsey suggests five metrics for digital CEOs , including the financial return on digital investments, the percentage of leaders’ incentives linked to digital, and the percentage of the annual tech budget spent on bold digital initiatives. Efficiency metrics might show the impacts of automation and data-driven decision-making.

KPI 306
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13 power tips for Microsoft Power BI

CIO

You can also use Power BI to prepare and manage high-quality data to use across the business in other tools, from low-code apps to machine learning. If you have a data science team, you can also make models from Azure Machine Learning available in Power BI using Power Query.

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IA generativa, i tre utilizzi con cui i CIO italiani stanno generando valore

CIO

Infatti i modelli di machine learning e, soprattutto, l’IA generativa, essendo basati su reti neurali, rischiano derive maggiori e hanno bisogno di prompt esatti, fenomeni nuovi che non sempre è facile capire e governare. Artificial Intelligence, CIO, Generative AI

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Average Daily Rate: The Role of ADR in Hospitality Revenue Management and Strategies to Improve This KPI

Altexsoft

We also investigate predicting ADR through machine learning and strategies to enhance this KPI. Unlike the other metrics, ADR focuses solely on revenue from actual room sales, making it a vital KPI of a hotel’s pricing strategy effectiveness. What is ADR? Sounds great, right?

KPI 52
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La convergenza tra IT e business: ecco come i CIO reinterpretano il loro ruolo con l’aiuto dell’IA

CIO

Analisi dei dati, addestramento dei nuovi modelli di intelligenza artificiale , sviluppo software, ammodernamento dei sistemi legacy, partecipazione alla definizione del budget, dialogo con le funzioni di business, relazione con i fornitori: i compiti del CIO si moltiplicano ogni giorno di più.