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How AI orchestration has become more important than the models themselves

CIO

In addition, weve seen the introduction of a wide variety of small language models (SLMs), industry-specific LLMs, and, most recently, agentic AI models. Large language models (LLMs) just keep getting better. From Llama3.1 to Gemini to Claude3.5 From Llama3.1 to Gemini to Claude3.5 In fact, business spending on AI rose to $13.8

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Bank of America’s big bet on AI started small

CIO

Bank of America will invest $4 billion in AI and related technology innovations this year, but the financial services giants 7-year-old homemade AI agent, Erica, remains a key ROI generator , linchpin for customer and employee experience , and source of great pride today. We are not writing essays with Erica. We are not trying to write software.

Banking 169
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5 Things To Look For When Evaluating AI Startups

Crunchbase News

LLM customization Is the startup using a mostly off-the-shelf LLM — e.g., OpenAI ’s ChatGPT — or a meaningfully customized LLM? Different ways to customize an LLM include fine-tuning an off-the-shelf model or building a custom one using an open-source LLM like Meta ’s Llama. trillion to $4.4 trillion annually.

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SaaS leaders: Use customer insights to accelerate growth during a downturn

TechCrunch

To maximize growth at every stage of the buying journey, here’s what you need to know about how your potential customers are purchasing software: Understand why a business starts searching for software About 54% of businesses that bought software in the past year opted to pay more for a customized solution instead of buying an off-the-shelf product.

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Downer’s digital journey to deliver consistency to customers

CIO

One of our innovations has been a solution called Fault IQ, which uses an off the shelf detection product. That was my first push into technology, and utilizing it to streamline processes, data, the way people worked, and have it fully integrated into a full stack solution, she says. No two days are the same, she says.

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IBM and AWS Create a Path to Modernization Via Industry-Specific Solutions

CIO

Yet one way to simplify transformation and accelerate the process is using an industry-specific approach. As part of their partnership, IBM and Amazon Web Services (AWS) are pursuing a variety of industry-specific blueprints and solutions designed to help customers modernize apps for a hybrid IT environment, which includes AWS Cloud.

AWS 172
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5 top ERP trends for 2022 — and their implications for IT leaders

CIO

Customization gives way to standardization The traditional practice of enterprise technology leaders customizing an ERP solution to meet their specific enterprise or business needs is giving way to implementing an off-the-shelf solution. This is cumbersome and leads to additional cost.

Trends 218