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The key to operational AI: Modern data architecture

CIO

Recent research shows that 67% of enterprises are using generative AI to create new content and data based on learned patterns; 50% are using predictive AI, which employs machine learning (ML) algorithms to forecast future events; and 45% are using deep learning, a subset of ML that powers both generative and predictive models.

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Are you ready for MLOps? 🫵

Xebia

Read along to learn more! Being ready means understanding why you need that technology and what it is. The time when Hardvard Business Review posted the Data Scientist to be the “Sexiest Job of the 21st Century” is more than a decade ago [1]. About being ready So, what does it mean to be ready ?

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The future of data: A 5-pillar approach to modern data management

CIO

It was not alive because the business knowledge required to turn data into value was confined to individuals minds, Excel sheets or lost in analog signals. We are now deciphering rules from patterns in data, embedding business knowledge into ML models, and soon, AI agents will leverage this data to make decisions on behalf of companies.

Data 167
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Enhancing customer care through deep machine learning at Travelers

CIO

s unique about the [chief data officer] role is it sits at the cross-section of data, technology, and analytics,â?? On the role of the Chief Data Officer: Due to the nature of our business, Travelers has always used data analytics to assess and price risk. But we have to bring in the right talent.

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What is data architecture? A framework to manage data

CIO

Many organizations today are looking to modernize their data architecture as a foundation to fully leverage AI and enable digital transformation. Consulting firm McKinsey Digital notes that many organizations fall short of their digital and AI transformation goals due to process complexity rather than technical complexity.

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From legacy to lakehouse: Centralizing insurance data with Delta Lake

CIO

Use mechanisms like ACID transactions to guarantee that every data update is either fully completed or reliably reversed in case of an error. Features like time-travel allow you to review historical data for audits or compliance. data lake for exploration, data warehouse for BI, separate ML platforms).

Insurance 164
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Mage aims to be the ‘Stripe for AI;’ raises $6.3M for developer tools to build AI into apps

TechCrunch

While collaborating with product developers, Dang and Wang saw that while product developers wanted to use AI, they didn’t have the right tools in which to do it without relying on data scientists. “We They didn’t work with machine learning extensively, so we decided to build tools for technical non-experts.