CIO Business Intelligence

OCTOBER 24, 2024

Noting that companies pursued bold experiments in 2024 driven by generative AI and other emerging technologies, the research and advisory firm predicts a pivot to realizing value. Forrester predicts a reset is looming despite the enthusiasm for AI-driven transformations.

ROI 127

ROI Data-driven Enterprise Experimentation 127

Rocket-Powered Data Science

FEBRUARY 15, 2023

Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. 3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? So what? (2)

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

O'Reilly on Data

MARCH 31, 2020

AI products are automated systems that collect and learn from data to make user-facing decisions. All you need to know for now is that machine learning uses statistical techniques to give computer systems the ability to “learn” by being trained on existing data. Why AI software development is different.

Management 363

Management Machine Learning Experimentation Metrics 363

CIO Business Intelligence

OCTOBER 17, 2024

While tech debt refers to shortcuts taken in implementation that need to be addressed later, digital addiction results in the accumulation of poorly vetted, misused, or unnecessary technologies that generate costs and risks. This approach is crucial for staying competitive in a rapidly evolving digital world.

Risk 108

Risk Experimentation Testing Strategy 108

Occam's Razor

OCTOBER 23, 2006

The title of my presentation at the Washington DC Emetrics summit was: Creating a Data Driven Web Decision Making Culture – Lessons, Tips, Insights from a Practitioner. Seven Steps to Creating a Data Driven Decision Making Culture…… Slide 1: Decision Making Landscape. 2 Solve for the Trinity. #

Data-driven 118

Data-driven Metrics KPI Reporting 118

DataRobot Blog

DECEMBER 6, 2022

Savvy data scientists are already applying artificial intelligence and machine learning to accelerate the scope and scale of data-driven decisions in strategic organizations. Other organizations are just discovering how to apply AI to accelerate experimentation time frames and find the best models to produce results.

Experimentation 145

Experimentation Forecasting Data-driven Machine Learning 145

O'Reilly on Data

APRIL 19, 2021

During the first weeks of February, we asked recipients of our Data & AI Newsletter to participate in a survey on AI adoption in the enterprise. The second-most significant barrier was the availability of quality data. Relatively few respondents are using version control for data and models. Respondents.

Enterprise 364

Enterprise Risk Modeling Manufacturing 364

Smart Data Collective

MAY 22, 2022

Since the decisions are data-driven, you have a lower likelihood of falling victim to attacks. The decisions are based on extensive experimentation and research to improve effectiveness without altering customer experience. With AI, the risk score for a device doesn’t depend on individual indicators.

Data-driven 145

Data-driven Risk Experimentation IT 145

CIO Business Intelligence

JANUARY 10, 2025

The report underscores a growing commitment to AI-driven innovation, with 67% of business leaders predicting that gen AI will transform their organizations by 2025. The data also shows growing momentum around AI agents, with over half of organizations exploring their use. However, only 12% have deployed such tools to date.

ROI 81

ROI Enterprise Broadcasting Metrics 81

Corinium

JUNE 6, 2019

Are you seeing currently any specific issues in the Insurance industry that should concern Chief Data & Analytics Officers? Lack of clear, unified, and scaled data engineering expertise to enable the power of AI at enterprise scale. Regulations and compliance requirements, especially around pricing, risk selection, etc.,

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

CIO Business Intelligence

SEPTEMBER 23, 2024

From the rise of value-based payment models to the upheaval caused by the pandemic to the transformation of technology used in everything from risk stratification to payment integrity, radical change has been the only constant for health plans. It is still the data. The culprit keeping these aspirations in check?

Management 115

Management Experimentation Data-driven Strategy 115

CIO Business Intelligence

AUGUST 20, 2024

Pre-pandemic, high-performance teams were co-located, multidisciplinary, self-organizing, agile, and data-driven. These teams focused on delivering reliable technology capabilities, improving end-user experiences, and establishing data and analytics capabilities. What is a high-performance team today?

IT 141

IT Digital Transformation Experimentation Risk 141

CIO Business Intelligence

NOVEMBER 15, 2022

Experiment with the “highly visible and highly hyped”: Gartner repeatedly pointed out that organisations that innovate during tough economic times “stay ahead of the pack”, with Mesaglio in particular calling for such experimentation to be public and visible.

Digital Transformation 143

Digital Transformation Machine Learning Experimentation Metrics 143

CIO Business Intelligence

AUGUST 5, 2024

This is evident in the rigorous training required for providers, the stringent safety protocols for life sciences professionals, and the stringent data and privacy requirements for healthcare analytics software. Concerns about data security, privacy, and accuracy have been at the forefront of these discussions.

Experimentation 124

Experimentation Risk Metadata Data-driven 124

O'Reilly on Data

APRIL 4, 2024

The race to the top is no longer driven by who has the best product or the best business model, but by who has the blessing of the venture capitalists with the deepest pockets—a blessing that will allow them to acquire the most customers the most quickly, often by providing services below cost. This has led to lawsuits and settlements.

Marketing 232

Marketing Finance Modeling Experimentation 232

CIO Business Intelligence

SEPTEMBER 12, 2024

Frustrated by the lack of generative AI tools, he discovers a free online tool that analyzes his data and generates the report he needs in a fraction of the usual time. A routine audit uncovers severe compliance issues with how the tool accesses and stores data. The accolades are short-lived.

Experimentation 111

Experimentation Risk Cost-Benefit Strategy 111

CIO Business Intelligence

OCTOBER 15, 2024

Driven by the development community’s desire for more capabilities and controls when deploying applications, DevOps gained momentum in 2011 in the enterprise with a positive outlook from Gartner and in 2015 when the Scaled Agile Framework (SAFe) incorporated DevOps. It may surprise you, but DevOps has been around for nearly two decades.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

Smart Data Collective

OCTOBER 13, 2021

AI technology moves innovation forward by boosting tinkering and experimentation, accelerating the innovation process. Take advantage of data analytics. One of the biggest reasons AI has become so valuable is that it is so tightly integrated with data analytics. Here’s how to stay competitive as technology evolves.

Technology 133

Technology Cost-Benefit Experimentation Machine Learning 133

CIO Business Intelligence

MARCH 7, 2023

Some IT organizations elected to lift and shift apps to the cloud and get out of the data center faster, hoping that a second phase of funding for modernization would come. There are similar concerns for CIOs looking to build data and analytics capabilities. Release an updated data viz, then automate a regression test.

Digital Transformation 145

Digital Transformation Data Governance Experimentation Machine Learning 145

CIO Business Intelligence

DECEMBER 19, 2023

After all, every department is pressured to drive efficiencies and is clamoring for automation, data capabilities, and improvements in employee experiences, some of which could be addressed with generative AI. As every CIO can attest, the aggregate demand for IT and data capabilities is straining their IT leadership teams.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. The last 10+ years or so have seen Insurance become as data-driven as any vertical industry.

Insurance 150

Insurance Risk IoT Data-driven 150

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. An enterprise starts by using a framework to formalize its processes and procedures, which gets increasingly difficult as data science programs grow. What Is Model Risk? Types of Model Risk.

Risk Management 64

Risk Management Risk Modeling Enterprise 64

DataKitchen

DECEMBER 1, 2022

Data Team members, have you ever felt overwhelmed? At DataKitchen, we’re trying to give people the tools and best practices to help them succeed with data and keep their job enjoyable and rewarding. With DataOps, data teams can ship data analytics systems faster and more confidently. So don’t wait any longer.

Experimentation 130

Experimentation Data-driven Risk Optimization 130

CIO Business Intelligence

SEPTEMBER 10, 2024

In 2015, we attempted to introduce the concept of big data and its potential applications for the oil and gas industry. We envisioned harnessing this data through predictive models to gain valuable insights into various aspects of the industry. Risk management is essential, but it shouldn’t stifle innovation.

IT 122

IT Risk Risk Management Predictive Modeling 122

CIO Business Intelligence

OCTOBER 3, 2024

Not surprisingly, fairness and private data leakage were top priorities cited when it comes to testing and evaluation of GenAI models, likely due to the high-compliance environment of healthcare and potential reputational damage. It’s not all bad news, though.

Testing 129

Testing Cost-Benefit Experimentation Risk 129

O'Reilly on Data

MARCH 23, 2023

What is it, how does it work, what can it do, and what are the risks of using it? But Transformers have some other important advantages: Transformers don’t require training data to be labeled; that is, you don’t need metadata that specifies what each sentence in the training data means.

IT 346

IT Modeling Testing Risk 346

CIO Business Intelligence

AUGUST 15, 2024

Many of those gen AI projects will fail because of poor data quality, inadequate risk controls, unclear business value , or escalating costs , Gartner predicts. In the enterprise, huge expectations have been partly driven by the major consumer reaction following the release of ChatGPT in late 2022, Stephenson suggests.

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

The Unofficial Google Data Science Blog

APRIL 23, 2024

Experiments, Parameters and Models At Youtube, the relationships between system parameters and metrics often seem simple — straight-line models sometimes fit our data well. To find optimal values of two parameters experimentally, the obvious strategy would be to experiment with and update them in separate, sequential stages.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT. There may be times when department-specific data needs and tools are required.

IT 137

IT Risk Cost-Benefit Data Science 137

DataRobot Blog

MARCH 7, 2023

DataRobot on Azure accelerates the machine learning lifecycle with advanced capabilities for rapid experimentation across new data sources and multiple problem types. This generates reliable business insights and sustains AI-driven value across the enterprise.

Data-driven 59

Data-driven Machine Learning Experimentation Data Lake 59

DataKitchen

MARCH 8, 2023

These three objectives are interconnected and essential to the success of any data team. Delivering insight to customers without error is critical to the success of any data team. The team must ensure that the data they are working with is clean and accurate and that the analysis created from it is rigorous and reliable.

Analytics 130

Analytics Manufacturing Data-driven Data Analytics 130

IBM Big Data Hub

JANUARY 17, 2023

Due to the convergence of events in the data analytics and AI landscape, many organizations are at an inflection point. Furthermore, a global effort to create new data privacy laws, and the increased attention on biases in AI models, has resulted in convoluted business processes for getting data to users. Data governance.

Data-driven 56

Data-driven Enterprise Data Governance Data Science 56

CIO Business Intelligence

OCTOBER 8, 2024

“They must architect technology strategy across data, security, operations, and infrastructure, teaming with business leaders — speaking their language, not tech jargon — to understand needs, imagine possibilities, identify risks, and coordinate investments.” The value is not seen in keeping the wheels on the bus,” he says.

IT 140

IT Strategy Experimentation Technology 140

Smart Data Collective

JULY 9, 2023

E-commerce businesses around the world are focusing more heavily on data analytics. There are many ways that data analytics can help e-commerce companies succeed. Understanding E-commerce Conversion Rates There are a number of metrics that data-driven e-commerce companies need to focus on. billion on analytics last year.

Optimization 97

Optimization Data Analytics Analytics Data-driven 97

DataRobot Blog

MARCH 16, 2023

To deliver on this new approach, one that we are calling Value-Driven AI , we set out to design new and enhanced platform capabilities that enable customers to realize value faster. Best-Practice Compliance and Governance: Businesses need to know that their Data Scientists are delivering models that they can trust and defend over time.

Experimentation 98

Experimentation Data-driven Modeling Metadata 98

CIO Business Intelligence

OCTOBER 1, 2022

The partners say they will create the future of digital manufacturing by leveraging the industrial internet of things (IIoT), digital twin , data, and AI to bring products to consumers faster and increase customer satisfaction, all while improving productivity and reducing costs. Data and AI as digital fundamentals.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

CIO Business Intelligence

JULY 24, 2024

Key strategies for exploration: Experimentation: Conduct small-scale experiments. Data-driven decisions: Leverage data and analytics to assess new technologies’ potential impact and ROI. This approach aligns portfolio governance with business strategy and risk tolerance. Contact us today to learn more.

Technology 98

Technology Experimentation Cost-Benefit Digital Transformation 98