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AI in the C-suite: Using AI to shape business strategy

CIO

But the more analytic support we have, the better,” Gonzalo Gortázar CEO of CaixaBank, told IBM. A client once shared how predictive analytics allowed them to spot a rising trend in customer preferences early on. Decision-making based on intuition, common sense, and knowledge is very good and should never be lost.

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Rockset announces $40M Series B as data analytics solution gains momentum

TechCrunch

Rockset , a cloud-native analytics company, announced a $40 million Series B investment today led by Sequoia with help from Greylock, the same two firms that financed its Series A. “Rockset, with its innovative new approach to indexing data, has quickly emerged as a true leader for real-time analytics in the cloud.

Analytics 216
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7 famous analytics and AI disasters

CIO

Organizations across every industry have been and continue to invest heavily in data and analytics. But like oil, data and analytics have their dark side. According to CIO’s State of the CIO 2022 report, 35% of IT leaders say that data and business analytics will drive the most IT investment at their organization this year.

Analytics 218
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Fresh from controversy, call center analytics firm Loris raises $12M

TechCrunch

billion by 2025, a steep climb from $190 million in 2016. “Though there are other AI companies that work on automated responses, they tend to route to self-service … [we] focus on bringing together customer intent and sentiment analytics during and post- conversation.”

Analytics 204
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CAIOs are stepping out from the CIO’s shadow

CIO

In 2016, Andrew Ng, one of the best-known researchers in the field of AI,wroteabout the benefits of establishing a chief AI officer role in companies, as well as the characteristics and responsibilities such a role should have.

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Twinco Capital scores €3M for its supply chain finance solution

TechCrunch

Founded in 2016 by Sandra Nolasco and Carmen Marin Romano, Twinco Capital offers a supply chain finance solution that includes purchase order funding. In short, using advanced data analytics we can better assess, price and significantly mitigate risk.

Apparel 255
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Databricks crossed $350M run rate in Q3, up from $200M one year ago

TechCrunch

Namely Databricks , a data analytics company that was most recently valued at around $6.2 Ghodsi took over as CEO in 2016 after serving as the company’s VP of engineering. Normally I’d be content to wave my hands at data analytics and call it a day. billion in its October, 2019 Series F when it raised $400 million.