Rocket-Powered Data Science

JULY 6, 2021

MLOps takes the modeling, algorithms, and data wrangling out of the experimental “one off” phase and moves the best models into deployment and sustained operational phase. However, it is far from perfect, since it certainly does not have reasoning skills, and it also loses its “train of thought” after several paragraphs (e.g.,

Machine Learning 279

Machine Learning Data-driven Deep Learning IoT 279

CIO Business Intelligence

AUGUST 20, 2024

We’re now entering a new gen AI era, which is already impacting how we staff teams, their business objectives, and the tools they use to deliver innovations. As many organizations were accelerating digital transformation initiatives, the higher-performing teams excelled at change management and agile planning practices.

IT 141

IT Digital Transformation Experimentation Risk 141

CIO Business Intelligence

JULY 5, 2024

So, to maximize the ROI of gen AI efforts and investments, it’s important to move from ad-hoc experimentation to a more purposeful strategy and systematic approach to implementation. Here are five best practices to get the most business benefit from gen AI.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

CIO Business Intelligence

MARCH 7, 2023

While many organizations are successful with agile and Scrum, and I believe agile experimentation is the cornerstone of driving digital transformation, there isn’t a one-size-fits-all approach. Here are some force-multiplying differences achievable by agile data teams: Want that dashboard, then update the data catalog.

Digital Transformation 145

Digital Transformation Data Governance Machine Learning Experimentation 145

CIO Business Intelligence

OCTOBER 21, 2024

Slow progress frustrates teams and discourages future experimentation.” He chairs the council, and business unit leaders serve alongside him; they use a charter to guide how they select and fund proposals as well as how to turn promising innovations into pilots and then formal projects with clear business objectives. “We

IT 137

IT Experimentation Cost-Benefit Consulting 137

CIO Business Intelligence

APRIL 4, 2022

The early days of the pandemic taught organizations like Avery Dennison the power of agility and experimentation. Zoom calls became the norm, but he struggled to truly connect with employees globally and instill the right business objectives and purpose. Employee crowdsourcing can yield breakthrough ideas.

Experimentation 133

Experimentation Interactive Business Objectives Manufacturing 133

CIO Business Intelligence

JUNE 11, 2024

What that means differs by company, and here are a few questions to consider on what the brand and mission should address depending on business objectives: Is IT taking on more front-office responsibilities, including building products and customer experiences or partnering with sales and marketing on their operations and data needs?

IT 136

IT Digital Transformation Broadcasting Business Objectives 136

CIO Business Intelligence

NOVEMBER 13, 2023

Failure to align technology capabilities with business goals can result in a wasted investment in technology that doesn’t support business objectives. Foster a culture of innovation: Digital transformation requires innovation and experimentation, and thus a culture for embracing new technologies and ideas.

Digital Transformation 143

Digital Transformation Cost-Benefit Experimentation Measurement 143

CIO Business Intelligence

OCTOBER 26, 2022

They need to become more creative in their delegation of responsibilities so that more time can be devoted to pushing experimentation,” Mains advises. Pursuing IT opportunities that don’t fully align with business objectives can prove fatal to a CIO, says Cole South, co-founder of Synchronize, an e-commerce solutions provider.

IT 141

IT Consulting Experimentation Business Objectives 141

CIO Business Intelligence

JULY 24, 2024

Key strategies for exploration: Experimentation: Conduct small-scale experiments. It shows the importance of eliminating investments that no longer align with core business objectives. This approach aligns portfolio governance with business strategy and risk tolerance.

Technology 98

Technology Experimentation Cost-Benefit Digital Transformation 98

CIO Business Intelligence

JULY 7, 2023

Improving employee productivity and collaboration is a top business objective, according to the 2023 Foundry Digital Business Study. But delivering these productive employee experiences can be challenging, especially with an increasingly distributed workforce. Caution is king, however.

Measurement 122

Measurement Risk Experimentation Enterprise 122

CIO Business Intelligence

JANUARY 2, 2024

He plans to scale his company’s experimental generative AI initiatives “and evolve into an AI-native enterprise” in 2024. This vision represents a fundamental shift, positioning AI as an integral part of our business fabric rather than just an add-on. That’s the case for Yi Zhou, CTO and CIO with Adaptive Biotechnologies.

IT 144

IT Cost-Benefit Statistics Consulting 144

CIO Business Intelligence

JULY 8, 2022

When operations and innovation activities reside under the same umbrella, those metrics might be at odds, such as measures of reliability and stability versus those of experimentation. Stay focused on agility and business value: The goals and tempos of the two groups will vary, but that’s no excuse to operate in isolation.

Cost-Benefit 122

Cost-Benefit Measurement Modeling Metrics 122

CIO Business Intelligence

JUNE 28, 2023

As Belcorp considered the difficulties it faced, the R&D division noted it could significantly expedite time-to-market and increase productivity in its product development process if it could shorten the timeframes of the experimental and testing phases in the R&D labs.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

CIO Business Intelligence

JULY 17, 2023

Since we already have the cloud native data lake, we are generating actionable business insights using that data, and plan to leverage them with AI and other new-age tools to uplevel in business. We need to define our business objective before adopting those new tools, because AI is simply algorithm.

IT 98

IT Digital Transformation IoT Internet of Things 98

IBM Big Data Hub

MAY 17, 2024

Everything runs seamlessly and efficiently and all stakeholders are aware of the cloud’s potential to drive business objectives. Teams are comfortable with experimentation and skilled in using data to inform business decisions. Service ownership is established and distributed to self-sufficient teams.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

IBM Big Data Hub

OCTOBER 20, 2023

Apart from pricing, there are numerous other factors to consider when evaluating the best AI platforms for your business. Gaining an understanding of available AI tools and their capabilities can assist you in making informed decisions when selecting a platform that aligns with your business objectives.

Machine Learning 71

Machine Learning Manufacturing Deep Learning Cost-Benefit 71

Cloudera

APRIL 9, 2019

For example, if you want to optimize for agility and experimentation, you probably will be better off doing so with an ephemeral public cloud infrastructure. Transforming Your Business with Multi-cloud and Hybrid Strategies. Your business objectives should drive your cloud strategies.

Strategy 54

Strategy Experimentation Business Objectives Metadata 54

CIO Business Intelligence

JULY 3, 2023

This has meant that Sezgin has embraced a culture of innovation and experimentation. He has also prioritized gaining a deeper understanding of the organization’s business operations, goals, and challenges. “By On second thought, he says, “Maybe the title becomes chief technology franchise officer.”

IT 115

IT Digital Transformation Strategy Technology 115

Dataiku

APRIL 22, 2022

For companies with small datasets and a mandate to move beyond experimentation, Frugal AI promises to be a way to overcome this challenge. And even if modern elastic stacks have significantly lowered the barrier to technology, is this aligned with the business objective I am trying to reach?

Experimentation 59

Experimentation Business Objectives Modeling Manufacturing 59

Sisense

MAY 18, 2021

This illuminates a disconnect: Marketers understand data’s significance, but they don’t know how to use it to best serve their business objectives. When you discover data that means something, you need to be agile enough to make experimental changes.”.

Marketing 52

Marketing Data Analytics Analytics Metrics 52

O'Reilly on Data

JULY 28, 2020

Without clarity in metrics, it’s impossible to do meaningful experimentation. Experiments allow AI PMs not only to test assumptions about the relevance and functionality of AI Products, but also to understand the effect (if any) of AI products on the business. Don’t expect agreement to come simply.

Marketing 364

Marketing Experimentation Metrics Testing 364

The Unofficial Google Data Science Blog

JANUARY 14, 2016

Unlike experimentation in some other areas, LSOS experiments present a surprising challenge to statisticians — even though we operate in the realm of “big data”, the statistical uncertainty in our experiments can be substantial. We must therefore maintain statistical rigor in quantifying experimental uncertainty.

Experimentation 42

Experimentation Statistics Metrics Measurement 42

Occam's Razor

MAY 18, 2010

So how do you go about identifying unique segments for your business or non-profit? Force your leaders (ok HiPPO's) to help you define Business Objectives, Goals and Targets. It is only after experimentation (a lot) that I end up with something sweet. Ask a lot of questions. Tap into the tribal knowledge.

Analytics 124

Analytics Key Performance Indicator Metrics Measurement 124

CIO Business Intelligence

OCTOBER 24, 2024

Rosen sees a lot of experimentation without a clear sense of direction, from companies that don’t have a clear idea of what AI projects will match their business needs. AI projects should align with genuine business objectives and focus on delivering measurable results that support long-term strategic goals.”

IT 138

IT Experimentation Measurement Risk 138

CIO Business Intelligence

JANUARY 8, 2025

Whether it was executing the Apollo mission or building the Burj Khalifa the common thread that runs through it is the role leaders play in supporting the team, encouraging experimentation and risk-taking and promoting idea meritocracy and inclusion.

Experimentation 111

Experimentation Digital Transformation Cost-Benefit ROI 111

CIO Business Intelligence

MARCH 26, 2025

I am a key member of the council responsible for formulating the companys business strategy and setting goals, followed by developing 1-year, 3-year, and 5-year plans. This ensures that our technology roadmap is fully aligned with our overarching business objectives and fosters a continuous cycle of innovation and efficiency.

Business Objectives 106

Business Objectives Digital Transformation Finance Data-driven 106

CIO Business Intelligence

APRIL 16, 2025

Innovator/experimenter: enterprise architects look for new innovative opportunities to bring into the business and know how to frame and execute experiments to maximize the learnings. ensuring it is aligned with the business plans and organizational capabilities and addresses the challenges of complex ecosystems.

Enterprise 115

Enterprise Strategy Risk Business Objectives 115

CIO Business Intelligence

OCTOBER 14, 2024

If a CIO can’t articulate a clear vision of how technology will transform the business, it is unlikely they will inspire their staff. Some CIOs are reluctant to invest in emerging technologies such as AI or machine learning, viewing them as experimental rather than tools for gaining competitive advantage.

Digital Transformation 131

Digital Transformation Experimentation Cost-Benefit Risk 131

CIO Business Intelligence

FEBRUARY 27, 2025

This shift demands clear goal alignment, relentless cross-functional collaboration, and a culture where experimentation and data-driven decisions lead the way. Product managers must communicate the business objectives and end-user value propositions to agile teams so they understand who, why, and what outcomes are targeted.

IT 126

IT Digital Transformation Metrics Data-driven 126

Timo Elliott

FEBRUARY 7, 2025

Facilitating a business-driven approach to modernization ensuring that technology investments align with business objectives rather than just IT priorities. A structured approach to modernization will help EA teams shift from being perceived as bureaucratic roadblocks to indispensable strategic partners.

Enterprise 52

Enterprise IT Digital Transformation Cost-Benefit 52

Occam's Razor

MARCH 7, 2016

It really depends on what your business objectives are! My third newsletter was an experimentation in engagement possible with a smaller focused audience, the topic was something I've expressed a great deal of affection for on this blog… TMAI #3: Visualizing Lies: Two Answers. Bounce rate is a metric. A good one.

Marketing Analytics 88

Marketing Analytics Marketing Analytics KPI 88