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What is predictive analytics? Transforming data into future insights

CIO

Hotels, restaurants, and other hospitality industry players can use the technology to forecast the number of guests on any given night in order to maximize occupancy and revenue. The technology helps adopters in fields as diverse as finance, healthcare, retailing, hospitality, pharmaceuticals, automotive, aerospace, and manufacturing.

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Healthcare organizations must create a strong data foundation to fully benefit from generative AI

CIO

The LLMs, algorithms, and structures that a healthcare payer or provider interacts with represent the visible part of the iceberg. In fact, the average hospital produces 50 petabytes of data a year. Nearly 80% of hospital data is unstructured and most of it has been underutilized until now. Artificial Intelligence

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7 famous analytics and AI disasters

CIO

And 20% of IT leaders say machine learning/artificial intelligence will drive the most IT investment. Insights gained from analytics and actions driven by machine learning algorithms can give organizations a competitive advantage, but mistakes can be costly in terms of reputation, revenue, or even lives.

Algorithm 901
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How digital humans can make healthcare technology more patient-centric

CIO

Studies reveal a link between staffing shortages and poor patient outcomes due to, for example, inpatient surgical mortality rates, patient falls and hospital-acquired infections. It is fully integrated with conversational artificial intelligence, creating a human-like interface to simplify engagement and communication.

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CEO Steve Bandrowczak’s playbook for CIO success today

CIO

Algorithms that have been around for a long time, techniques that have been around a long time, we can now process them so much faster — process data so much faster. He or she is changing the way we sell, changing the way we deliver, changing supply chains, changing patient relationships with hospitals and providers.

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SAP Innovation Awards: Celebrating 10 Years of Innovation

CIO

NTT Data developed the ‘AI Learning Helper’ that helps children learn to read through AI disciplines like micro expression and body language detection, emotional feedback, summarization algorithms, and Q&A generation, to name a few. This great innovation would help children’s learning processes become more efficient and fun.

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ST Engineering showcases applications of new technologies to stay ahead of disruption

CIO

Foundry’s CIO Tech Priorities 2023 found that IT leaders are investing in technologies that provide greater efficiencies, better security, and improved end-user experience, with most actively researching or piloting projects around artificial intelligence (AI) and machine learning, data analytics, automation, and IT/OT intelligence.