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CIOs face mounting pressure as AI costs and complexities threaten enterprise value

CIO Business Intelligence

To address this, Gartner has recommended treating AI-driven productivity like a portfolio — balancing operational improvements with high-reward, game-changing initiatives that reshape business models. You must understand the cost components and pricing model options, and you need to know how to reduce these costs and negotiate with vendors.

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The trinity of errors in financial models: An introductory analysis using TensorFlow Probability

O'Reilly on Data

An exploration of three types of errors inherent in all financial models. At Hedged Capital , an AI-first financial trading and advisory firm, we use probabilistic models to trade the financial markets. All financial models are wrong. Clearly, a map will not be able to capture the richness of the terrain it models.

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Data Analytics Technology is Positively Disrupting the World of Sports

Smart Data Collective

Smart organizations use this data to improve their business models and make life better through analysis. Big Data and Sports Broadcasting. Sports broadcasting and commentary has been evolving for some time. Many broadcasters rely on statisticians to relay information about athletic performance. Audience Engagement.

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New Multithreading Model for Apache Impala

Cloudera

Performance Improvements with Apache Impala’s New Multithreading Model (20 executors, mt_dop=12). Purpose of the new multithreading model. In this first post we will focus on work that was recently completed to expand the multithreading model used during query execution. How the new multithreading model works.

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How the Internet of Things and AI will Transform Sports Business?

Smart Data Collective

However, limitations with standard analytical models t can keep them from assessing and recording those metrics. Streaming and broadcasting. Sports teams across categories are using players’ performance data as a reference point for potential and making sure players are a good fit.

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Subscription economy defies economic headwinds, fuels recurring growth

CIO Business Intelligence

Organizations with subscription-based business models have not only survived the recent global economic challenges but have also outperformed their traditional, product-based counterparts, according to The Subscription Economy Index (SEI) report for 2023 by Zuora. against the latter’s 4.8%.

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LaLiga transforms fan experience with AI

CIO Business Intelligence

It has also developed predictive models to detect trends, make predictions, and simulate results. AI takes that data and combines it with historical tracking data from about 2,000 matches to create new insights, such as the Goal Probability model, one of 21 new stats it debuted in 2022.