Smart Data Collective

SEPTEMBER 7, 2021

Data-based insights can help make the right decisions, keep up with market trends and navigate the uncertainty. This global coffee brand has increased its revenue by 26% from 2016 to 2019. Thus, Starbuck defines areas that potentially will be successful and mitigate risks of opening in unprofitable ones.

Big Data 145

Big Data Technology Predictive Analytics Cost-Benefit 145

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

This classification is based on the purpose, horizon, update frequency and uncertainty of the forecast. A single model may also not shed light on the uncertainty range we actually face. It provides the occasion for deeper exploration of which inputs that can be influenced and which risks can be proactively managed.

Forecasting 115

Forecasting Data Science Statistics Uncertainty 115

Cloudera

DECEMBER 3, 2021

Surely there are ways to comb through the data to minimise the risks from spiralling out of control. In 2019, the Gradient institute published a white paper outlining the practical challenges for Ethical AI. Systems should be designed with bias, causality and uncertainty in mind. We need to get to the root of the problem.

Uncertainty 102

Uncertainty Measurement Metrics Risk 102

Cloudera

DECEMBER 11, 2020

That compares to only 36 percent of customer interactions as of December 2019, which was before the pandemic impacted business, and only 20 percent in May 2018. Insurance and finance are two industries that rely on measuring risk with historical data models. Data Variety.

Insurance 95

Insurance Digital Transformation Unstructured Data Machine Learning 95

CIO Business Intelligence

APRIL 28, 2022

Right from the start, auxmoney leveraged cloud-enabled analytics for its unique risk models and digital processes to further its mission. compounded annual growth from 2019 to 2024. . auxmoney began as a peer-to-peer lender in 2007, with the mission of improving access to credit and promoting financial inclusion.

Analytics 98

Analytics Insurance Big Data Uncertainty 98

Domino Data Lab

JUNE 2, 2019

Ludwig (@RandiRLudwig) May 23, 2019. Ludwig (@RandiRLudwig) May 24, 2019. Trying to dissect a model to divine an interpretation of its results is a good way to throw away much of the crucial information – especially about non-automated inputs and decisions going into our workflows – that will be required to mitigate existential risk.

Data Science 110

Data Science Data-driven Machine Learning Modeling 110

IBM Big Data Hub

FEBRUARY 20, 2024

The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. The United Nations’ Intergovernmental Panel on Climate Change (IPCC) predicts people living in Africa, Australia, North America and Europe will face health risks due to rising temperatures and heat waves.

Forecasting 113

Forecasting Modeling Reporting Risk 113

CIO Business Intelligence

MAY 4, 2022

More specifically, Rasmussen is boosting her spend on cybersecurity to help manage risk, a key element for enabling Ceridian’s planned global expansion. He cites as evidence Gartner’s figures in this space : a 34% annual growth rate in spending for cloud security, which has gone from $585 million in 2019 to an anticipated $3.5

IT 135

IT Business Driver Reporting Uncertainty 135

CIO Business Intelligence

SEPTEMBER 12, 2022

“It requires bold bets and a willingness to persevere despite setbacks, criticism, and uncertainty,’’ wrote McKinsey senior partners Laura Furstenthal and Erik Roth in a recent blog post. “By Santhosh Keshavan, executive vice president and CIO, Voya. Voya has promoted a culture that encourages free thinking and creativity, says Keshavan.

Experimentation 133

Experimentation Consulting Technology Machine Learning 133

CIO Business Intelligence

JULY 7, 2023

As an IT management framework, ITIL 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. ITIL certification is near the top of almost every list of must-have IT certifications, and for good reason.

Cost-Benefit 98

Cost-Benefit Strategy Management Uncertainty 98

CIO Business Intelligence

DECEMBER 10, 2024

Her savvy is a good reminder for enterprise CFOs on the importance of diversifying revenue sources to reduce risk and ensure stability. Successful CFOs know that in the dynamic world of finance, strong negotiation skills are of pivotal importance to managing risk, driving growth, and accelerating profitability.

Recreation/Entertainment 52

Recreation/Entertainment Data-driven Cost-Benefit Uncertainty 52

Alation

JUNE 7, 2023

Uncertainty reigns These days, planning a dinner out can be as complicated as planning a global business acquisition. As these issues continue to swirl, many business leaders will suggest pulling back, waiting to see what happens, and minimizing exposure to risk. A restaurant experience of 2019 is much different than one today.

Uncertainty 52

Uncertainty Data Lake Risk Data-driven 52

The Unofficial Google Data Science Blog

APRIL 23, 2024

Crucially, it takes into account the uncertainty inherent in our experiments. Risk and Robustness Our estimates $widehat{beta}$ of the "true'' coefficients $beta$ of our model (1) depend on the random data we observe in experiments, and they are therefore random or uncertain. It is a big picture approach, worthy of your consideration.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

Peter James Thomas

JUNE 20, 2019

The above chart compares monthly searches for Business Process Reengineering (including its arguable rebranding as Business Transformation ) and monthly searches for Data Science between 2004 and 2019. ” The Atlantic – Workers Love AirPods Because Employers Stole Their Walls , Amanda Mull, April 2019. Brunel’s Heirs.

Cost-Benefit 55

Cost-Benefit Data Warehouse Data Science Consulting 55

O'Reilly on Data

SEPTEMBER 11, 2019

Our call for speakers for Strata NY 2019 solicited contributions on the themes of data science and ML; data engineering and architecture; streaming and the Internet of Things (IoT); business analytics and data visualization; and automation, security, and data privacy. 221) to 2019 (No. 40; it peaked at Strata NY 2018 at No.

IoT 23

IoT Big Data Data Warehouse Uncertainty 23

O'Reilly on Data

DECEMBER 9, 2019

Because of this trifecta of errors, we need dynamic models that quantify the uncertainty inherent in our financial estimates and predictions. Practitioners in all social sciences, especially financial economics, use confidence intervals to quantify the uncertainty in their estimates and predictions. and an error term ??

Statistics 30

Statistics Uncertainty Risk Marketing 30

Smart Data Collective

JANUARY 19, 2021

Also, it states, in 2019 and 2020 cryptocurrencies have been on the road to recovery potentially entering a bull market. This is intriguing as the world faces uncertainty from Covid-19, but crypto is not the only investment bringing massive returns to investors. Facebook is the most popular social media platform in the world.

Finance 139

Finance Insurance Uncertainty Marketing 139

Insight

FEBRUARY 19, 2020

Using variability in machine learning predictions as a proxy for risk can help studio executives and producers decide whether or not to green light a film project Photo by Kyle Smith on Unsplash Originally posted on Toward Data Science. In 2019, Netflix alone released 371 new TV shows and movies. and even set their risk tolerance.

Risk 67

Risk ROI Modeling Metrics 67

datapine

DECEMBER 28, 2021

With the rise of advanced technology and globalized operations, statistical analyses grant businesses an insight into solving the extreme uncertainties of the market. Drinking tea increases diabetes by 50%, and baldness raises the cardiovascular disease risk up to 70%! So, can statistics be manipulated? They sure can. Do numbers lie?

Statistics 363

Statistics Advertising Visualization Data mining 363

Andrew White

APRIL 22, 2020

In this second phase executive leaders will need to make critical business decisions with even less data and with more uncertainty. Many highly leveraged firms will be at risk; debt will be at record levels in public and private so anyone who has cash will be predatory. But not all firms will get past phase 2.

Software 52

Software Uncertainty Measurement Marketing 52