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CIOs’ lack of success metrics dooms many AI projects

CIO

Many organizations have launched dozens of AI proof-of-concept projects only to see a huge percentage fail, in part because CIOs don’t know whether the POCs are meeting key metrics, according to research firm IDC. The potential cost can be huge, with some POCs costing millions of dollars, Saroff says.

Metrics 187
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Bandit ML helps e-commerce businesses present the most effective offer to each shopper

TechCrunch

Conti acknowledged that there’s other discount-optimizing software out there, but he suggested none of them offers what Bandit ML does: “off the shelf tools that use machine learning the way giants like Uber, Amazon and Walmart do.” The startup was part of the summer 2020 class at accelerator Y Combinator.

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What to expect from AI in the enterprise in 2025

CIO

Augmenting employees, not replacing them Whether its through cutting costs, innovating new products and services or improving the customer experience, building a competitive advantage is at the core of most technology deployments, and AI is no different. But this isnt intelligence in any human sense.

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When is data too clean to be useful for enterprise AI?

CIO

Once the province of the data warehouse team, data management has increasingly become a C-suite priority, with data quality seen as key for both customer experience and business performance. But along with siloed data and compliance concerns , poor data quality is holding back enterprise AI projects.

Data 211
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Top 10 reasons to modernize technology now

CIO

The big picture: Modernizing applications can help companies take advantage of the latest technologies, streamline their operations, and stay ahead of the competition. Where IT leaders once focused only on technology, they now add greater value by relating technology’s possibilities to business outcomes and competencies.

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CaptivateIQ raises $46M for its no-code sales commissions platform

TechCrunch

Also, in recent years, companies have access to more data than ever, giving them room to incentive employees on more performance metrics.” . Existing backers Amity, S28 Capital, Sequoia and Y Combinator also participated in the financing, which brings the San Francisco-based company’s total raised to $63 million since its 2017 inception.

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NeuraLight aims to track ALS, Parkinson’s and more with an ordinary webcam

TechCrunch

This confidence crisis in the data needs an objective metric to be mitigated, and that’s what NeuraLight, based in Austin and Tel Aviv, is building. This, along with other eye movements and metrics, has been linked to neurological disorders for years in numerous publications. ” Image Credits: NeuraLight.