Teradata Big Data Industry Predictions for 2024

Our friends over at Teradata have prepared a special set of compelling technology predictions for the year ahead. From the company’s point of view 2024 should be quite a year! Straight from the executive suite, you’ll learn about what’s predicted to happen with AI, GenAI, LLMs and much more. Enjoy these special perspectives from one of our industry’s best known movers and shakers.

Generative AI and CX: Companies Can Implement Generative AI to Address Evolving Customer Expectations and Become More Efficient

In this contributed article, Matt Edic, Chief eXperience Officer, IntelePeer, delves into how Generative AI can elevate customer experiences with curated responses based on consumer demands and previous knowledge of the challenges faced when implementing.

Want Better AI? Get Input From a Real (Human) Expert

Scientists at the Department of Energy’s Pacific Northwest National Laboratory have put forth a new way to evaluate an AI system’s recommendations. They bring human experts into the loop to view how the ML performed on a set of data.  The expert learns which types of data the machine-learning system typically classifies correctly, and which data types lead to confusion and system errors. Armed with this knowledge, the experts then offer their own confidence score on future system recommendations.

IT Survey Finds Enterprises Identify Automation and Generative AI as Top Business Priorities

Digitate, a leading provider of SaaS-based enterprise software for IT and business operations, released the results of its new study, “AI and Automation: Laying the Foundation for the Autonomous Enterprise” revealing that 90% of IT decision-makers plan to deploy more automation, including AI, in the next 12 months.

AI Isn’t Screenwriters’ Enemy – In Fact, It Can be a Creative Superpower

In this contributed article, Ben Pines, director of content at AI21 Labs, discusses how generative AI can help screenwriters—not put them out of business, a concern that many have expressed and which is also among the reasons the Writers Guild of America went on strike.

New Report on Potential Impact of AI on Future of Work

A new special report, “Future of Work Report: AI at Work,” was just-released by LinkedIn that looks at the emerging trends within AI in the workplace and examines the potential impact of AI on the future of work. 

Deci Unveils DeciLM-7B: A Leap Forward in Language Model Performance and Inference Cost Efficiency

Deci, the deep learning company harnessing AI to build AI, unveiled the latest addition to its suite of innovative generative AI models, DeciLM-7B, a 7 billion parameter large language model. Building upon the success of its predecessor DeciLM 6B, DeciLM 7B is setting new benchmarks in the large language model (LLM) space, outperforming prominent open-source models such as Llama2 7B and Mistral 7B in both accuracy and efficiency. 

Get Lit: 5 Steps to Building your Organization’s Data Literacy as you Prep for AI

In this contributed article, Christine Andrukonis, Workplace Transformation Expert and founder of Notion Consulting, believes that the ultimate goal of data literacy is to provide a framework for data-driven decision-making. Nothing is stopping you from developing a learning program that’s also fun, engaging, and beneficial to employees in all parts of their lives.

The Future of AI Startups: Explainability Is Your Competitive Edge

In this contributed article, Lucas Bonatto, Director of Engineering for AI and ML at Semantix, discusses how generative AI applications extend from physiotherapists using text-to-video tools demonstrating patient recovery exercises to coding Q&As that decrease network language complexity. These pre-trained ML solutions, which previously required highly skilled teams to train, close the gap between tech giants and digital novices—but that’s if they understand the fine print.

New IDC Survey: 75% Expect to Gain Value from AI Decision Making

IDC estimates that organizations worldwide will spend $290 billion on data management, analytics, and AI technology – but is there enough return on the investment? In this feature article we share findings from a new IDC survey looking at the ROI in AI-powered decision making –- known in the market as decision intelligence. IDC contrasts leaders operationalizing and gaining outcomes through better, faster decisions, and challenges that exist. Enterprises already tapping decision intelligence are improving business metrics up to 20%. The survey also found 75% expect to gain significant benefits through future decision intelligence initiatives.