insideBIGDATA

SEPTEMBER 5, 2024

IDC predicts that enterprises are poised to double their 2023 investments in GenAI from $19 billion to $151 billion by 2027. But where are enterprises today on their AI maturity journey? Do they have enough backing from the board? Do they have enough compute? Do they have everything they need to build AI responsibly and safely?

AI 274

AI AI Data Governance 274

Smart Data Collective

JANUARY 8, 2021

billion in 2019 and is growing at a pace of 42% a year between 2020 and 2027. Data governance is going to be one of the most crucial things in the future as we work towards more adoption of artificial intelligence and machine learning. This will only work if they have access to that unlimited data. The AI Revolution.

Artificial Intelligence 144

Artificial Intelligence Artificial Intelligence Data Governance Machine Learning 144

Dataversity

DECEMBER 2, 2024

In the AI era, organizations are eager to harness innovation and create value through high-quality, relevant data. Gartner, however, projects that 80% of data governance initiatives will fail by 2027. This statistic underscores the urgent need for robust data platforms and governance frameworks.

Data Governance 52

Data Governance AI AI Data Quality 52

Dataversity

JUNE 3, 2024

trillion by 2027, the pressure is on organizations – and specifically the C-suite – to ensure that not only are they best positioned to tackle the digital challenges of today but that they can quickly adapt to those of tomorrow as well. With spending on digital transformation initiatives worldwide projected to hit $3.9

Data Governance 78

Data Governance Data Quality 78

Towards AI

DECEMBER 20, 2024

By 2027, they plan to invest twice as much in AI and workforce enablement, scale twice as many AI solutions, and generate 60% more revenue growth and 50% more cost reductions. Leaders tackle these issues by strategically prioritizing a few high-value opportunities, with robust infrastructure and data governance practices.

AI 119

AI AI Algorithm Data Governance 119

IBM Journey to AI blog

JUNE 20, 2024

The artificial intelligence (AI) governance market is experiencing rapid growth, with the worldwide AI software market projected to expand from USD 64 billion in 2022 to nearly USD 251 billion by 2027, reflecting a compound annual growth rate (CAGR) of 31.4% ( IDC ).

AWS 55

AWS AI AI Artificial Intelligence 55

Precisely

SEPTEMBER 7, 2023

Gartner , for example, predicts that “by 2027, insurers who adopt a panoptic personalization approach will enjoy 20% higher retention rates.” Precisely’s mission is to help our customers leverage the power of data to make better business decisions, drive operational excellence, and achieve better business outcomes.

Data Quality 52

Data Quality Analytics Analytics ML 52