Remove 2013 Remove Cost-Benefit Remove Measurement
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How Insurance Companies Use Data To Measure Risk And Choose Rates

Smart Data Collective

Here is the type of data insurance companies use to measure a client’s potential risk and determine rates. It goes without saying that more expensive cars cost more to insure. For instance, the 2000 Honda Civic is the most stolen car in America and the Mitsubishi Mirage (in the 2013-2017 model range) has the most fatal crashes.

Insurance 137
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Using DataOps to Drive Agility and Business Value

DataKitchen

At Astrazeneca, Kurt Zimmer explained that data, “ provides a massive opportunity to drive all sorts of levers, such as to lower cost and to drive things like speed of execution, which has a tremendous impact on the ability to bring life-saving medicines to the marketplace.” Success Requires Focus on Business Outcomes, Benchmarking.

Metrics 211
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YouTube Marketing And Analytics: A Primer For Magnificent Success

Occam's Razor

According to Nielsen, YouTube reaches more US adults ages 18-34 than any cable network as of mid-2013. As of March 2013, one billion, (B!), One more thing to ponder… One hundred hours of video is uploaded into YouTube every single minute, as of May 2013. And yes, finally, there is the problem of measurement.

Marketing 151
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Solving the tech debt problem while staying competitive and secure

CIO Business Intelligence

Interestingly, despite the significance of technical debt as a cost concern and an inhibitor to improving security and implementing innovation (like AI), it ranks much lower on the list of immediate priorities for many organizations (20%). To make this happen, CIOs need to articulate the tangible benefits and ROI of AI investments.

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India’s advisory on LLM usage causes consternation

CIO Business Intelligence

While hyperscalers can implement measures to mitigate bias, claiming absolute neutrality may not be feasible. Adjustments to release processes, increased transparency, and ongoing monitoring to meet regulatory standards could cause delays and increase operational costs.

Testing 128
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10 Big Data Examples Showing The Great Value of Smart Analytics In Real Life At Restaurants, Bars, and Casinos

datapine

Big data can serve to deliver benefits in some surprising areas. In 2013, they took a slight risk and introduced a veggie smoothie to their previously fruit-only smoothie menu. An article titled “ Casinos Bet Large with Big Data ” expands on how MGM uses data analysis tools to measure performance and make better business decisions.

Big Data 244
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What is ITIL? Your guide to the IT Infrastructure Library

CIO Business Intelligence

ITIL’s systematic approach to IT service management (ITSM) can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. For more information on the benefits of the latest version of ITIL, see “ ITIL 4: ITSM gets agile.”.

IT 105