Skip to main content

Posts

Showing posts with the label algorithm

Reshaping Data Analytics Operating Models

Data has become the lifeblood of forward-thinking organizations. Market leaders leverage vast troves of data to inform decision-making, personalize customer experiences, and optimize operations. However, extracting value from this digital data requires analytics capabilities. Here's where Artificial Intelligence (AI) is becoming a powerful tool to unlock actionable insights. AI Data Analytics Market Development According to the latest Gartner market study, there's a significant shift in how organizations approach data and analytics (D&A) due to AI's growing influence on business outcomes. The study found that 61 percent of organizations actively evolve their D&A operating models in response to AI capabilities. This underscores a critical realization: the traditional approaches to data management and analysis are no longer sufficient. The integration of AI into D&A offers several compelling advantages: Enhanced Data Exploration: AI tools can automatically analyze...

How GenAI-based Tools Transform Software

As a savvy CEO, you may believe that your organization is an IT innovator. But are you ready to become a Generative Artificial Intelligence (GenAI) pioneer in your industry? If not, why are you hesitant? International Data Corporation (IDC) predicts that by 2028, GenAI-based tools will be capable of writing 70 percent of enterprise software tests -- decreasing the need for manual testing, and resulting in improvements to test coverage, software usability, and code quality. According to the IDC assessment, 48 percent of enterprises in the Asia-Pacific region consider code review and testing as one of the important tasks that AI could most effectively help developers streamline. GenAI Tools Market Development IDC research shows that the top areas of emphasis for utilizing AI/ML with testing include prioritizing tests, discovering the underlying cause of failed tests, creating test cases, plus self-healing and testing procedures. GenAI for test automation is becoming more popular amongst ...

Business Process Automation Enabled by AI Apps

Senior executive demand for digital transformation that incorporates business process and workflow automation has motivated leading organizations to double their investment in artificial intelligence (AI) projects. According to the latest market study by Gartner, 80 percent of executives think automation can be applied to any business decision. As automation becomes embedded in digital business, a recent survey revealed how organizations are evolving their use of AI apps. "The survey has shown that enterprises are shifting away from a purely tactical approach to AI and beginning to apply AI more strategically," said Erick Brethenoux, VP analyst at Gartner . Business Process Automation Market Development For example, a third of organizations are applying AI across several business units, creating a stronger competitive differentiator by supporting decisions across business processes. The Gartner survey was conducted online in the U.S. market, in Germany, and in the UK, within ...

How Augmented Intelligence will Transform the Enterprise

As artificial intelligence (AI) evolves, applications of augmented intelligence -- the combination of human and AI capabilities -- will likely deliver the greatest benefits. CIOs should prioritize augmented intelligence to scale their employee talent as one of the most valuable contributions to business innovation. In 2021, artificial intelligence (AI) augmentation will create $2.9 trillion of business value and 6.2 billion hours of worker productivity globally, according to the latest worldwide market study by Gartner. Augmented Intelligence Market Development Gartner defines 'augmented intelligence' as a human-centered partnership model of people and AI technologies working together to enhance cognitive performance. This includes learning, decision making and new experiences. "Augmented intelligence is all about people taking advantage of AI," said Svetlana Sicular, research vice president at Gartner . "As AI technology evolves, the combined human and A...