AI Fuels Nearly 30% Increase in IT Modernization Spend, Yet Businesses Are Unprepared for Growing Data Demands, Couchbase Survey Reveals

Couchbase, Inc. (NASDAQ: BASE), the cloud database platform company, released the findings from its seventh annual survey of global IT leaders. The study of 500 senior IT decision makers found that investment in IT modernization is set to increase by 27% in 2024, as enterprises look to take advantage of new technologies, such as AI and edge computing, while meeting ever-increasing productivity demands.

Hyve Solutions Named Design Partner for NVIDIA HGX Product Line

Hyve Solutions Corporation, a wholly owned subsidiary of TD SYNNEX Corporation (NYSE: SNX) and a leading provider of hyperscale digital infrastructures, today announced it has become a design partner for the NVIDIA HGX platform. This designation marks a significant milestone in Hyve’s focus on accelerating artificial intelligence (AI) in the datacenter and at the edge.

Leveraging Big Data for Enhanced Cybersecurity Solutions

In this contributed article, Alexander Norell of VikingCloud explores how big data analytics can significantly improve cybersecurity strategies by enabling more accurate threat detection and real-time response capabilities.

Big AIs in Small Devices

In this contributed article, Luc Andrea, Engineering Director at Multiverse Computing, discusses the challenge of integrating increasingly complex AI systems, particularly Large Language Models, into resource-limited edge devices in the IoT era. It proposes quantum-inspired algorithms and tensor networks as potential solutions for compressing these large AI models, making them suitable for edge computing without compromising performance.

In 2024, Data Quality and AI Will Open New Doors

In this contributed article, Stephany Lapierre, Founder and CEO of Tealbook, discusses how AI can help streamline procurement processes, reduce costs and improve supplier management, while also addressing common concerns and challenges related to AI implementation like data privacy, ethical considerations and the need for human oversight.

Why Integration Data is Critical for Powering SaaS Platforms’ AI Features

In this contributed article, Gil Feig, co-founder and CTO of Merge, discusses how integration data can support AI features and why without successful product integrations, successful AI companies would not exist.

Avoid these 8 Data-related Mistakes on Data Projects

This article is excerpted from the book, “Winning with Data Science: A Handbook for Business Leaders,” by Howard Friedman and Akshay Swaminathan with permission from the publisher, Columbia Business School Publishing. The article covers how to avoid 8 data-related mistakes on data projects

How to Use Raw Data in Web Analytics

In this contributed article, Mateusz Krempa, Chief Operations Officer for Piwik PRO, explores the benefits and challenges of using raw data in analytics, and discusses its potential use cases for gaining valuable insights.

Heard on the Street – 4/25/2024

Welcome to insideBIGDATA’s “Heard on the Street” round-up column! In this regular feature, we highlight thought-leadership commentaries from members of the big data ecosystem. Each edition covers the trends of the day with compelling perspectives that can provide important insights to give you a competitive advantage in the marketplace.

Artificial Intelligence Means Smaller Teams Doing More with Less Makes the Small Autonomous Teams Structure Even More Important 

In this contributed article, Brady Brim-DeForest, CEO of Formula.Monks, discusses how the more that we incorporate AI technology into white collar workflows in large organizations, the more that it becomes important to lean into the work structures that make humans function at their best.