Smart Data Collective

FEBRUARY 23, 2022

How can your company benefit by adapting to an IoT-driven model? Back in 2014, Gordon Hui wrote an article in Harvard Business Review about the ways the Internet of Things changes business models. Here are some benefits of adapting to a new business model in an era driven by the IoT. Change is a window to success.

IoT 128

IoT Internet of Things Data-driven Uncertainty 128

Jedox

OCTOBER 8, 2020

We are currently operating in an environment with a very high (if not the highest ever) level of VUCA, (Volatility, Uncertainty, Complexity, Ambiguity). The way you mitigate uncertainty is with planning, planning, and more planning. The oil collapse of 2014 is another example of the importance of scenario planning.

Uncertainty 75

Uncertainty Cost-Benefit Unstructured Data Data-driven 75

CIO Business Intelligence

APRIL 12, 2023

While customers worried about the uncertainty of orders being filled, customer service representatives were required to navigate through 10 different systems and data sources for answers. Since 2014, though, Blue Diamond had been working with enterprise resource planning (ERP) software leader SAP.

IT 72

IT Uncertainty Forecasting Data-driven 72

The Unofficial Google Data Science Blog

APRIL 23, 2024

Crucially, it takes into account the uncertainty inherent in our experiments. Experiments, Parameters and Models At Youtube, the relationships between system parameters and metrics often seem simple — straight-line models sometimes fit our data well. The data showed us that metrics are not exactly straight-line functions of parameters.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52