IBM Decision Optimization is an AI-powered tool that facilitates prescriptive analytics. It uses the power of both mathematical and AI models to enable individuals, teams, and organizations to make well-informed decisions. Its sophisticated yet accessible approach enables the utilization of big data, predictive analytics, and optimization algorithms all in one place.
- IBM Decision Optimization provides advanced modeling capabilities that empower organizations to solve complex decision problems. It enables faster decision-making by generating an optimal or near-optimal solution.
- Why choose IBM Decision Optimization: key features
- IBM Decision Optimization provides end-to-end decision support which aids in the full decision lifecycle. It features transparent AI-powered models, robustness in handling large data sets, and integrations with IBM's ecosystem. It also offers the ability to model business scenarios to evaluate various options and their potential impacts.
- Who should choose IBM Decision Optimization
- IBM Decision Optimization is most beneficial to organizations and decision-makers who face complex decision problems. It is especially beneficial to those in supply chain, business operations, marketing, and strategic planning.
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, /PRNewswire/ -- New research commissioned by IBM (NYSE:IBM) (NYSE: IBM) found that companies surveyed are investing in AI for the long term, with a growing interest in using open-source tools to drive ROI and innovation going forward. The study of more than 2,400 IT decision makers (ITDMs), conducted by Morning Consult and developed in collaboration with Lopez Research, revealed that 85% of respondents report making progress in executing their 2024 AI strategy, with nearly half (47%) already seeing positive ROI from their AI investments. The data also confirms that using open-source tools for AI solutions may correlate to greater financial viability: 51% of surveyed companies currently utilizing open-source AI tools report seeing positive ROI, as compared to just 41% of those not using open source. Nearly two-thirds (62%) of all respondents indicate they will increase their AI investments in 2025, while 48% are planning to leverage open-source ecosystems to optimize their AI implementations. For those surveyed companies not currently utilizing open-source, 2 in 5 say they plan to use open source for AI implementation in 2025. "As organizations begin to implement AI at scale, many are placing greater stock in success metrics such as productivity gains, in part because traditional hard dollar ROI benefits have yet to show up on the balance sheets," said of Lopez Research. "Yet, companies continue to rapidly advance their AI strategies, with no sign of slowing down. Companies now recognize the value of defining specific use cases and optimizing AI projects. They are leveraging hybrid cloud strategies and open source to drive AI innovation and deliver financial returns." Further study findings include: Enterprises are ramping up AI investment, but with a greater strategic focus Open source is becoming crucial to companies' AI strategies Organizations report successfully advancing their AI projects, but often through less traditional ROI metrics To view the full study, visit: https://newsroom.ibm.com/image/IBM_ROI_of_AI_Report-December_2024.pdf Study Methodology: Morning Consult conducted a survey from among a total sample of 2,413 IT Decision Makers (ITDMS) in the US, , , , , , , , , , , and . The interviews were conducted online, and the data is unweighted. Respondents are employed at companies with 101 employees or more, serving in director-level or higher roles within a technology role, with decision-making authority over at least one of the following: management of business consultants/consulting services, purchasing for IT products, or purchasing for business consulting services. About IBM IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.
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Meet BoardRoomAI: AI that makes decision-making a breeze
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The Financial Express
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