O'Reilly on Data

NOVEMBER 28, 2023

And everyone has opinions about how these language models and art generation programs are going to change the nature of work, usher in the singularity, or perhaps even doom the human race. 16% of respondents working with AI are using open source models. 54% of AI users expect AI’s biggest benefit will be greater productivity.

Enterprise 339

Enterprise Testing Modeling Reporting 339

O'Reilly on Data

SEPTEMBER 15, 2020

AI Benefits and Stakeholders. AI is a field where value, in the form of outcomes and their resulting benefits, is created by machines exhibiting the ability to learn and “understand,” and to use the knowledge learned to carry out tasks or achieve goals. AI-generated benefits can be realized by defining and achieving appropriate goals.

Advertising 362

Advertising Cost-Benefit ROI Machine Learning 362

CIO Business Intelligence

MARCH 19, 2025

Meanwhile, in December, OpenAIs new O3 model, an agentic model not yet available to the public, scored 72% on the same test. Were developing our own AI models customized to improve code understanding on rare platforms, he adds. SS&C uses Metas Llama as well as other models, says Halpin. Devin scored nearly 14%.

Software 143

Software Risk Enterprise Cost-Benefit 143

AWS Big Data

JANUARY 9, 2025

Our experiments are based on real-world historical full order book data, provided by our partner CryptoStruct , and compare the trade-offs between these choices, focusing on performance, cost, and quant developer productivity. You can refer to this metadata layer to create a mental model of how Icebergs time travel capability works.

Metadata 110

Metadata Snapshot Cost-Benefit Optimization 110

O'Reilly on Data

OCTOBER 22, 2020

Taking the time to work this out is like building a mathematical model: if you understand what a company truly does, you don’t just get a better understanding of the present, but you can also predict the future. Since I work in the AI space, people sometimes have a preconceived notion that I’ll only talk about data and models.

Consulting 363

Consulting Risk Cost-Benefit Modeling 363

CIO Business Intelligence

JANUARY 30, 2025

When organizations build and follow governance policies, they can deliver great benefits including faster time to value and better business outcomes, risk reduction, guidance and direction, as well as building and fostering trust. The benefits far outweigh the alternative. But in reality, the proof is just the opposite. AI governance.

Testing 93

Testing Metrics Cost-Benefit Modeling 93

datapine

OCTOBER 21, 2020

In fact, healthcare analytics has the potential to reduce costs of treatment, predict outbreaks of epidemics, avoid preventable diseases, and improve the quality of life in general. We will then look at 18 big data examples in healthcare that already exist and that medical-based institutions can benefit from.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

O'Reilly on Data

SEPTEMBER 19, 2023

.” Consider the structural evolutions of that theme: Stage 1: Hadoop and Big Data By 2008, many companies found themselves at the intersection of “a steep increase in online activity” and “a sharp decline in costs for storage and computing.” And harder to sell a data-related product unless it spoke to Hadoop.

Machine Learning 336

Machine Learning Testing Modeling Cost-Benefit 336

DataKitchen

SEPTEMBER 20, 2021

We call this approach “ Lean DataOps ” because it delivers the highest return of DataOps benefits for any given level of investment. The best way to ensure error-free execution of data production is through automated testing and monitoring. Start with just a few critical tests and build gradually.

Testing 246

Testing Metrics Measurement Dashboards 246

Rocket-Powered Data Science

FEBRUARY 15, 2023

While generative AI has been around for several years , the arrival of ChatGPT (a conversational AI tool for all business occasions, built and trained from large language models) has been like a brilliant torch brought into a dark room, illuminating many previously unseen opportunities. So, if you have 1 trillion data points (g.,

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

O'Reilly on Data

JULY 28, 2020

Product Managers are responsible for the successful development, testing, release, and adoption of a product, and for leading the team that implements those milestones. You must detect when the model has become stale, and retrain it as necessary. The Core Responsibilities of the AI Product Manager. The AI Product Development Process.

Marketing 364

Marketing Experimentation Metrics Testing 364

CIO Business Intelligence

MARCH 4, 2025

From AI models that boost sales to robots that slash production costs, advanced technologies are transforming both top-line growth and bottom-line efficiency. Operational efficiency: Logistics firms employ AI route optimization, cutting fuel costs and improving delivery times. Thats a remarkably short horizon for ROI.

Technology 118

Technology ROI Cost-Benefit Manufacturing 118

Smart Data Collective

OCTOBER 13, 2022

Generative design is a new approach to product development that uses artificial intelligence to generate and test many possible designs. The technique is helping product design firm Seattle reduce costs and improve the quality of its products. Automated Testing of Features. Quality Assurance. Bias in Data and Algorithms.

Testing 128

Testing Cost-Benefit Experimentation Optimization 128

CIO Business Intelligence

NOVEMBER 13, 2024

One is going through the big areas where we have operational services and look at every process to be optimized using artificial intelligence and large language models. But a substantial 23% of respondents say the AI has underperformed expectations as models can prove to be unreliable and projects fail to scale.

IT 141

IT Consulting ROI Cost-Benefit 141

AWS Big Data

NOVEMBER 22, 2024

Benefits of the dbt adapter for Athena We have collaborated with dbt Labs and the open source community on an adapter for dbt that enables dbt to interface directly with Athena. This upgrade allows you to build, test, and deploy data models in dbt with greater ease and efficiency, using all the features that dbt Cloud provides.

Data Lake 93

Data Lake Data Warehouse Cost-Benefit Data Transformation 93

datapine

APRIL 15, 2020

Your Chance: Want to test an agile business intelligence solution? No matter if you need to develop a comprehensive online data analysis process or reduce costs of operations, agile BI development will certainly be high on your list of options to get the most out of your projects. Finalize testing. Train end-users.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. These applications are designed to benefit logistics and shipping companies alike. Did you know?

Big Data 275

Big Data Internet of Things Cost-Benefit Optimization 275

AWS Big Data

NOVEMBER 19, 2024

This offering is designed to provide an even more cost-effective solution for running Airflow environments in the cloud. micro characteristics, key benefits, ideal use cases, and how you can set up an Amazon MWAA environment based on this new environment class. micro reflect a balance between functionality and cost-effectiveness.

Metadata 110

Metadata Cost-Benefit Metrics Optimization 110

IBM Big Data Hub

SEPTEMBER 12, 2023

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The models also reduce private sector customs data collection costs by 40%.

Testing 83

Testing Modeling Cost-Benefit Consulting 83

O'Reilly on Data

MAY 27, 2020

Under school district policy, each of Audrey’s eleven- and twelve-year old students is tested at least three times a year to determine his or her Lexile, a number between 200 and 1,700 that reflects how well the student can read. They test each student’s grasp of a particular sentence or paragraph—but not of a whole story.

Risk 361

Risk Testing Reporting Measurement 361

O'Reilly on Data

APRIL 22, 2020

For example, payday lending businesses are no doubt compliant with the law, but many aren’t models for good corporate citizenship. There aren’t simple standards and tests for ethical behavior, nor are you as likely to be called into court for acting unethically. Ethics is much more slippery.

Cost-Benefit 320

Cost-Benefit Finance Data-driven Strategy 320

CIO Business Intelligence

JANUARY 7, 2025

In todays fast-paced digital landscape, the cloud has emerged as a cornerstone of modern business infrastructure, offering unparalleled scalability, agility, and cost-efficiency. This new paradigm of the operating model is the hallmark of successful organizational transformation. How difficult can it be, after all?

Optimization 98

Optimization Strategy Cost-Benefit Enterprise 98

CIO Business Intelligence

MARCH 5, 2025

Some organizations, like imaging and laser printer company Lexmark, have found ways of fencing in the downside potential so they can benefit from the huge upside. The next thing is to make sure they have an objective way of testing the outcome and measuring success. Make sure you know if they use predictive versus generative models.

Testing 99

Testing Measurement Technology Experimentation 99

Corinium

JUNE 6, 2019

For instance, for a variety of reasons, in the short term, CDAOS are challenged with quantifying the benefits of analytics’ investments. Fractal’s recommendation is to take an incremental, test and learn approach to analytics to fully demonstrate the program value before making larger capital investments.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

AWS Big Data

DECEMBER 5, 2024

As the use of Hydro grows within REA, it’s crucial to perform capacity planning to meet user demands while maintaining optimal performance and cost-efficiency. To address this, we used the AWS performance testing framework for Apache Kafka to evaluate the theoretical performance limits.

Metrics 88

Metrics Dashboards Testing Optimization 88

CIO Business Intelligence

MARCH 25, 2024

Modern digital organisations tend to use an agile approach to delivery, with cross-functional teams, product-based operating models , and persistent funding. But to deliver transformative initiatives, CIOs need to embrace the agile, product-based approach, and that means convincing the CFO to switch to a persistent funding model.

Modeling 124

Modeling Cost-Benefit IT ROI 124

datapine

JANUARY 6, 2022

More often than not, it involves the use of statistical modeling such as standard deviation, mean and median. Typically, quantitative data is measured by visually presenting correlation tests between two or more variables of significance. So… what are a few of the business benefits of digital age data analysis and interpretation?

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

DataKitchen

AUGUST 3, 2021

This post (1 of 5) is the beginning of a series that explores the benefits and challenges of implementing a data mesh and reviews lessons learned from a pharmaceutical industry data mesh example. DDD divides a system or model into smaller subsystems called domains. Benefits of a Domain. The post What is a Data Mesh?

Data Architecture 246

Data Architecture Data Lake Cost-Benefit Data Warehouse 246

datapine

SEPTEMBER 29, 2022

Paired to this, it can also: Improved decision-making process: From customer relationship management, to supply chain management , to enterprise resource planning, the benefits of effective DQM can have a ripple impact on an organization’s performance. These needs are then quantified into data models for acquisition and delivery.

Data Quality 241

Data Quality Metrics Data-driven Management 241

AWS Big Data

NOVEMBER 26, 2024

Moreover, they can be combined to benefit from individual strengths. In later pipeline stages, data is converted to Iceberg, to benefit from its read performance. Traditionally, this conversion required time-consuming rewrites of data files, resulting in data duplication, higher storage, and increased compute costs.

Metadata 102

Metadata Data Lake Snapshot Data Warehouse 102

Smart Data Collective

AUGUST 30, 2022

The sudden growth is not surprising, because the benefits of the cloud are incredible. Cloud technology results in lower costs, quicker service delivery, and faster network data streaming. The model enables easy transfer of cloud services between different geographic regions, either onshore or offshore. Testing new programs.

Technology 140

Technology Enterprise Cost-Benefit Data Processing 140

CIO Business Intelligence

OCTOBER 3, 2024

From budget allocations to model preferences and testing methodologies, the survey unearths the areas that matter most to large, medium, and small companies, respectively. Healthcare-specific task-oriented models were also highly favored, with more than half (57%) of respondents using these models.

Testing 129

Testing Cost-Benefit Experimentation Risk 129

IBM Big Data Hub

MAY 17, 2024

Cloud maturity models are a useful tool for addressing these concerns, grounding organizational cloud strategy and proceeding confidently in cloud adoption with a plan. Cloud maturity models (or CMMs) are frameworks for evaluating an organization’s cloud adoption readiness on both a macro and individual service level.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

CIO Business Intelligence

AUGUST 8, 2024

Gen AI offers many opportunities to spend too much and get too little in return when, instead, companies can use their gen AI budgets more strategically, allowing them to reap more benefits from investments and pull ahead of their competitors. Last year, only 3% of respondents said that gen AI implementation cost was a concern.

Cost-Benefit 140

Cost-Benefit Modeling Consulting Enterprise 140

CIO Business Intelligence

FEBRUARY 1, 2024

When organizations buy a shiny new piece of software, attention is typically focused on the benefits: streamlined business processes, improved productivity, automation, better security, faster time-to-market, digital transformation. It can help uncover hidden costs that could come back to bite you down the road.

Software 131

Software Enterprise Cost-Benefit ROI 131

CIO Business Intelligence

MAY 1, 2024

Gen AI takes us from single-use models of machine learning (ML) to AI tools that promise to be a platform with uses in many areas, but you still need to validate they’re appropriate for the problems you want solved, and that your users know how to use gen AI effectively.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

CIO Business Intelligence

JUNE 13, 2024

During the new AI revolution of the past year and a half, many companies have experimented with and developed solutions with large language models (LLMs) such as GPT-4 via Azure OpenAI, while weighing the merits of digital assistants like Microsoft Copilot.

IT 131

IT Cost-Benefit Machine Learning Testing 131