CIO Business Intelligence

JUNE 1, 2023

That’s why democratizing HPC via the cloud—known as Cloud for HPC—can provide significant benefits to all of humankind. Lighthouse companies are leading the way while laggards are facing the risk of obsolescence. Optimize performance and costs across any workload type and automatically route workloads to the best architectures.

ROI 111

ROI Cost-Benefit Machine Learning Testing 111

AWS Big Data

JULY 16, 2024

The Zurich Cyber Fusion Center management team faced similar challenges, such as balancing licensing costs to ingest and long-term retention requirements for both business application log and security log data within the existing SIEM architecture. Zurich also uses lifecycle policies to automatically expire objects after a predefined period.

Insurance 129

Insurance Management Cost-Benefit Optimization 129

CIO Business Intelligence

NOVEMBER 7, 2022

While we weren’t naïve to the risk of disruption to the business, the extent and magnitude was greater than we anticipated.” The company was forced to develop new processes to keep information flowing around the business, and hire a third-party consultant to sort out the ERP system at a cost of $3.8 million in implementation costs.

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

CIO Business Intelligence

JUNE 22, 2022

AssuredPartners is a full-service insurance broker providing commercial insurance, risk management, and employee benefits. Martha Heller: AssuredPartners was founded in 2011 and just crossed the $2 billion revenue mark. These include a business case, a cost-benefit analysis and a description of the resources required.

IT 105

IT Insurance Cost-Benefit Risk Management 105

bridgei2i

MAY 26, 2020

It is even more essential now that supply chains are empowered with a high standard of data and analytics sophistication to be able to cost-effectively serve the company’s purpose and combat risks at the same time. And I’m sure our listeners will benefit from this. Anushruti: Perfect. Love the simile, by the way.

Enterprise 131

Enterprise Management Forecasting Manufacturing 131

DataRobot Blog

MAY 26, 2022

To start with, SR 11-7 lays out the criticality of model validation in an effective model risk management practice: Model validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses.

Risk 52

Risk Modeling Metrics Business Objectives 52

Cloudera

SEPTEMBER 20, 2022

Scope, motivation, and benefits. The benefit of this task is to lower the labor and skill burden in generating images of a desired quality. Who benefits? Under a capitalist system of values, businesses and individuals that are consumers of art also benefit from increased productivity. Ethical considerations. Why automate?

Deep Learning 88

Deep Learning Cost-Benefit Risk Data-driven 88

CIO Business Intelligence

NOVEMBER 7, 2022

Since that 2011 revelation, Arooni has been doing just that: redefining IT organizations and service delivery models to embrace agile ways of working, including creating product-centric structures with persistent teams responsible for the entire lifecycle of a product.

IT 116

IT Technology Modeling Strategy 116

Cloudera

OCTOBER 3, 2018

Since 2011, our two companies have each innovated to build better products and win more business. Our partners will benefit from a single standard to build on, and a larger company with more customers to work with. Three years later, the core team of developers working inside Yahoo on Hadoop spun out to found Hortonworks.

Uncertainty 75

Uncertainty IoT Risk Reporting 75

Domino Data Lab

JANUARY 6, 2019

What are the projected risks for companies that fall behind for internal training in data science? Guess who benefits most by that? For another perspective: ask anyone who’s ever maintained a popular open source project about the benefits of publishing and peer review w.r.t. Downey (2011). Provide references. Think Stats.

Data Science 56

Data Science Machine Learning Visualization Reporting 56

O'Reilly on Data

APRIL 23, 2024

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

Advertising 339

Advertising Cost-Benefit Marketing Risk 339

Cloudera

JULY 22, 2024

Cloudera meets ISO 27031:2011 and NIST 800-34 standards, which enable large enterprises and United States federal organizations to ensure reliability and resilience for the most essential services in the world. The cloud provides many benefits from a cost, flexibility, and scalability perspective, especially for analytic workloads.

Cost-Benefit 85

Cost-Benefit Machine Learning Reporting Enterprise 85

Sisense

MAY 4, 2020

According to an Accenture study, 79 percent of enterprise executives say that not embracing Big Data will cause companies to lose competitive position and risk extinction. Businesses that use Big Data enjoyed increases in profits of between eight and ten percent as well as a ten percent reduction in overall costs.

Big Data 78

Big Data Data-driven Snapshot Unstructured Data 78

Occam's Razor

JUNE 4, 2018

Present a yummy spreadsheet that quantifies the cost of inaction , how much money you’ll lose by not delivering a 25% improvement every week. Yet, this incredible benefit was not a part of YouTube TV’s merchandizing strategy from day one. Not wanting to risk it, I click on the Find in Store link you see at the bottom of the page.

Strategy 125

Strategy Cost-Benefit Testing Sales 125

The Unofficial Google Data Science Blog

OCTOBER 12, 2017

Make experimentation cheap and understand the cost of bad decisions. Selection bias played a notable role in the discussion of the avian influenza outbreak of 2011 during which the reported case fatality rate was as high as 80% [2]. Controlling the Type I error necessarily comes at the expense of increasing the risk of a Type II error.

Experimentation 62

Experimentation Testing Statistics Metrics 62

CIO Business Intelligence

MARCH 17, 2025

Celonis was launched in 2011. This involved considerable costs, the lawsuit states. But SAP and its customers benefited. SAP is ultimately hindering competition, Celonis says, to gain an advantage for its own process mining solution, which it acquired with the Signavio acquisition.

Cost-Benefit 96

Cost-Benefit Software Strategy Marketing 96

CIO Business Intelligence

DECEMBER 11, 2024

Transport for New South Wales was first established in 2011, and since then, the culture of putting customers and communities at the center of everything, and partnering with operational agencies, private operators, and industry to deliver passenger focus services and projects, has been a constant.

Cost-Benefit 52

Cost-Benefit Technology Testing Management 52

O'Reilly on Data

MAY 11, 2020

Regardless of how we think of ourselves, humans aren’t terribly good at trading off short-term stimulus against long-term benefits. In a highly specific, short-term sense, possibly. In a long-term sense, definitely not. Short-term stimulus is addictive: maybe not as addictive as “The Entertainment,” but addictive nonetheless.

Modeling 303

Modeling Advertising Recreation/Entertainment Metrics 303