Smart Data Collective

FEBRUARY 14, 2023

It’s seemingly compulsory for most developers to build mobile versions of their applications or risk losing millions of potential users. Many people tend to forget their app updates, which can pose significant risks. But, using browser-based apps removes this risk altogether.

Risk 136

Risk Technology Optimization Machine Learning 136

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

Mark Raskino

AUGUST 30, 2017

The President of Iceland Olafur Ragnar Grimsson explained this phenomenon to me when I had the privilege to interview him in 2011 (Gartner Report: G00212784 ). “So He was talking about something we call the ‘compound uncertainty’ that must be navigated when we want to test and introduce a real breakthrough digital business idea.

Testing 53

Testing Experimentation Uncertainty Risk 53

CIO Business Intelligence

JUNE 1, 2023

Here are a few outcomes from HPC’s groundbreaking capabilities: HPC modeling and simulation help engineers test jet engines without destroying a single $10-40 million jet engine. For one company, Cloud for HPC reduced deployment time by 95% in designing and testing new engineering pumps, drill heads, and regulators.

ROI 111

ROI Cost-Benefit Machine Learning Testing 111

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 auditors noted that rollout of “the first phases” of CLS was now expected that same year, and added recommendations on managing outsourcing risk to their earlier warnings. By March 2019, things were slipping.

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

IBM Big Data Hub

MARCH 25, 2022

We founded MemSQL (the original name of SingleStore) in 2011. This helps our customers mitigate the risks and costs of managing complex ecosystems of tooling built around the mostly single-host SQL database technologies that existed at the time. We were excited to see our TPC benchmarking results and additional benchmarking tests.

Data-driven 69

Data-driven Data Warehouse Data Processing Marketing 69

AWS Big Data

JULY 16, 2024

Zurich has done testing with Amazon SageMaker and has plans to add this capability in the near future. Austin Rappeport is a Computer Engineer who graduated from the University of Illinois Urbana/Champaign in 2011 with a focus in Computer Security.

Insurance 123

Insurance Management Cost-Benefit Optimization 123

The Unofficial Google Data Science Blog

MAY 31, 2016

Similarly, we could test the effectiveness of a search ad compared to showing only organic search results. Structure of a geo experiment A typical geo experiment consists of two distinct time periods: pretest and test. After the test period finishes, the campaigns in the treatment group are reset to their original configurations.

Advertising 43

Advertising Testing Sales Statistics 43

Domino Data Lab

APRIL 3, 2019

Also, while surveying the literature two key drivers stood out: Risk management is the thin-edge-of-the-wedge ?for Fun fact: in 2011 Google bought remnants of what had previously been Motorola. data to train and test models poses new challenges: The need for reproducibility in analytics workflows becomes more acute.

Machine Learning 84

Machine Learning Data Governance Metadata Data Science 84

Domino Data Lab

MARCH 3, 2019

I’m here mostly to provide McLuhan quotes and test the patience of our copy editors with hella Californian colloquialisms. In the third survey, we tried to quantify the risks encountered by enterprise organizations as they progress through the steps of that journey. Plus blatant overuse of intertextual parataxis. Or something.

Data Science 49

Data Science Deep Learning Machine Learning Modeling 49

CIO Business Intelligence

APRIL 9, 2025

The foundational tenet remains the same: Untrusted data is unusable data and the risks associated with making business-critical decisions are profound whether your organization plans to make them with AI or enterprise analytics. Absent governance and trust, the risks are higher as organizations adopt increasingly sophisticated analytics.

Enterprise 102

Enterprise Analytics Experimentation Statistics 102

The Unofficial Google Data Science Blog

OCTOBER 12, 2017

Yet when we use these tools to explore data and look for anomalies or interesting features, we are implicitly formulating and testing hypotheses after we have observed the outcomes. We must correct for multiple hypothesis tests. In addition to the issues above, does the conclusion pass the smell test?

Experimentation 62

Experimentation Testing Statistics Metrics 62

Occam's Razor

JUNE 4, 2018

Not wanting to risk it, I click on the Find in Store link you see at the bottom of the page. Checkout the Kimbao Sauvignon Blanc you can see sales and would buy it again rates since 2011. Such is the case with A/B testing. My wife thinks I’ll look prettier in the red, I think the Mustard really looks like my color. :).

Strategy 125

Strategy Cost-Benefit Testing Sales 125

Domino Data Lab

JULY 9, 2019

A “data scientist” might build a multistage processing pipeline in Python, design a hypothesis test, perform a regression analysis over data samples with R, design and implement an algorithm in Hadoop, or communicate the results of our analyses to other members of the organization in a clear and concise fashion.

Data Science 112

Data Science Machine Learning Advertising Modeling 112

datapine

AUGUST 29, 2022

He founded the project Apache Storm in 2011, which turned to be “one of the world’s most popular stream processors and has been adopted by many of the world’s largest companies, including Yahoo!, Microsoft, Alibaba, Taobao, WebMD, Spotify, Yelp” according to Marz himself. It was lately revised and updated in January 2016.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

CIO Business Intelligence

FEBRUARY 27, 2025

In this role, Brady oversees the front-to-back IT organization, data and analytics, enterprise security, enterprise risk, and an intelligent automation center of excellence, all while managing back-office operations, contact center services, and KeyBanks corporate real estate portfolio. Successes, those were easy.

IT 105

IT Technology Marketing Risk 105

CIO Business Intelligence

APRIL 18, 2025

In April 2011, the passenger system promotion department (PSPD), initially consisting of 10 people, was established under the Route Management Headquarters, where Hitoshi Sugihara, now the head of JALs digital CX planning department, was a member and an instrumental part of the Sakura Project. This is when the Sakura Project began.

Digital Transformation 59

Digital Transformation Data Processing IT Marketing 59

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