article thumbnail

What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. In business analytics, this is the purview of business intelligence (BI). Data analytics tools.

Data 135
article thumbnail

Concerns remain even as the EU reaches a landmark deal to govern AI

CIO Business Intelligence

We promote innovation through regulatory sandboxes, real-world testing and open sources [excluding open source AI systems from transparency requirement]. We have a balanced rule that ensures legal certainty, which is extremely important for businesses… [EU] is the only continent where you know what you have to do.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What is data science? Transforming data into value

CIO Business Intelligence

Candidates with a statistics background are popular, especially if they can demonstrate they know whether they are looking at real results; have domain knowledge to put results in context; and communication skills that allow them to convey results to business users. Data science tools.

Data 140
article thumbnail

Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

When it comes to ChatGPT, the only utilization in my practice is the way we go about creating our marketing strategy on social media—getting ideas, generating scripts, seeing what it can provide us as inspiration for new content. One option, however, is to use open source software. Probably not,” Orlandini says.

article thumbnail

Big Data, Big CIO Opportunity? - Social, Agile, and Transformation

Social, Agile and Transformation

Social, Agile, and Transformation. I cover topics for Technologists from CIOs to Developers - agile development, agile portfolio management, leadership, business intelligence, big data, startups, social networking, SaaS, content management, media, enterprise 2.0 and business transformation. business exchange. (11).

Big Data 100
article thumbnail

Is AI in the enterprise ready for primetime? Not yet.

CIO Business Intelligence

At work, we’re efficient at processing multiple inputs in rapid time to take into account issues of safety, social norms, the needs of our colleagues and employer, as well as accuracy and strategic goals. While many of these decisions are routine and require little thought, others are far more complex and nuanced.

article thumbnail

What is NLP? Natural language processing explained

CIO Business Intelligence

Patents, product specifications, academic publications, market research, news, not to mention social media feeds, all have text as a primary component and the volume of text is constantly growing. SpaCy , an open-source library for advanced natural language processing explicitly designed for production use rather than research.

Course 142