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Microsoft will invest $80B in AI data centers in fiscal 2025

CIO Business Intelligence

Microsoft is on track to invest around $80 billion this fiscal year to build out AI-enabled data centers, company president Brad Smith said Friday.

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Accelerating AI for financial services: Innovation at scale with NVIDIA and Microsoft

CIO Business Intelligence

In one example, BNY Mellon is deploying NVIDIAs DGX SuperPOD AI supercomputer to enable AI-enabled applications, including deposit forecasting, payment automation, predictive trade analytics, and end-of-day cash balances. Read more from NVIDIA and Microsoft [link]

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What is business intelligence? Transforming data into business insights

CIO Business Intelligence

Business intelligence definition Business intelligence (BI) is a set of strategies and technologies enterprises use to analyze business information and transform it into actionable insights that inform strategic and tactical business decisions.

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What is a business intelligence analyst? A key role for data-driven decisions

CIO Business Intelligence

Business intelligence (BI) analysts transform data into insights that drive business value. What does a business intelligence analyst do? The role is becoming increasingly important as organizations move to capitalize on the volumes of data they collect through business intelligence strategies.

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Microsoft commits to AI integration, but delivers no particulars to differentiate from rivals

CIO Business Intelligence

In his latest AI positioning statement, Microsoft CEO Satya Nadella said Monday that everything must revolve around Azure. Analysts, however, agreed that the statement reflected no meaningful changes to Microsofts AI strategy. More so than any previous platform shift, every layer of the application stack will be impacted.

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CIOs to spend ambitiously on AI in 2025 — and beyond

CIO Business Intelligence

Global professional services firm Marsh McLennan has roughly 40 gen AI applications in production , and CIO Paul Beswick expects the number to soar as demonstrated efficiencies and profit-making innovations sell the C-suite. Enterprises are also choosing cloud for AI to leverage the ecosystem of partnerships,” McCarthy notes. “The

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SAP, Salesforce lead $356 billion enterprise applications market: IDC

CIO Business Intelligence

The market for enterprise applications grew 12% in 2023, to $356 billion, with the top 5 vendors — SAP, Salesforce, Oracle, Microsoft and Intuit — commanding a 21.2% IDC attributed the market growth to the adoption of AI and generative AI integrated into enterprise applications. With just 0.2% With just 0.2%

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