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.

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Experimentation Forecasting Data-driven Machine Learning 145

CIO Business Intelligence

OCTOBER 4, 2022

Business leaders, recognizing the importance of elevated customer experiences, are looking to the CIO and their IT teams to help harness the power of data, predictive analytics, and cloud resources to create more engaging, seamless experiences for customers. Embed CX into your data strategy. Consider three key areas of focus: 1.

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Data-driven Machine Learning Interactive Predictive Analytics 111

datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. BI software uses algorithms to extract actionable insights from a company’s data and guide its strategic decisions.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

CIO Business Intelligence

SEPTEMBER 18, 2024

Einstein for Service — Autodesk’s first use of Salesforce’s gen AI platform — has driven sizable efficiencies for Autodesk customer agents, says Kota, singling out AI-generated summaries of case issues and resolutions as a key productivity gain. The company’s current use of Salesforce’s Einstein is limited to service agents.

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Digital Transformation Experimentation Sales Software 119

datapine

FEBRUARY 4, 2020

Today’s digital data has given the power to an average Internet user a massive amount of information that helps him or her to choose between brands, products or offers, making the market a highly competitive arena for the best ones to survive. First things first – organizing and prioritizing your marketing data.

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Reporting Marketing Advertising Metrics 280

CIO Business Intelligence

MAY 9, 2024

Its ability to automate routine processes and provide data-driven insights helps create a conducive environment for deep work. Experimentation drives momentum: How do we maximize the value of a given technology? Via experimentation. AI changes the game. It’s like “fail fast” for genAI projects.

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Enterprise Experimentation Sales Manufacturing 122

CIO Business Intelligence

MAY 12, 2022

The tools include sophisticated pipelines for gathering data from across the enterprise, add layers of statistical analysis and machine learning to make projections about the future, and distill these insights into useful summaries so that business users can act on them. Visual IDE for data pipelines; RPA for rote tasks. Highlights.

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Predictive Analytics Analytics Statistics Machine Learning 137

CIO Business Intelligence

APRIL 24, 2024

That means using the technology to improve a company’s marketing, sales, customer success, and RevOps: the process of aligning all three operations across the full customer life cycle in a way that drives growth, improves efficiency, and breaks down silos. Another 40% say they’re using AI chatbots or virtual sales assistants.

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Sales Finance Experimentation Cost-Benefit 128

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.

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Optimization Data Analytics Analytics Data-driven 97

CIO Business Intelligence

MAY 30, 2024

Case in point is its new conversational assistant copilot, AlpiGPT an internal search engine of corporate data that can personalize travel packages and quickly answer questions, says company CIO, Francesco Ciuccarelli. Employees are even calling it a trusted colleague. In this context, generative AI is a very useful support to create content.”

Cost-Benefit 119

Cost-Benefit Sales Modeling Experimentation 119

CIO Business Intelligence

NOVEMBER 21, 2023

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years. There may be times when department-specific data needs and tools are required.

IT 137

IT Risk Cost-Benefit Data Science 137

AWS Big Data

FEBRUARY 12, 2024

Across verticals, thousands of large and small businesses in emerging markets use Gupshup to build conversational experiences across marketing, sales, and support. It makes it fast, simple, and cost-effective to analyze all your data using standard SQL and your existing business intelligence (BI) tools.

Analytics 119

Analytics Data Warehouse Snapshot Cost-Benefit 119

CIO Business Intelligence

FEBRUARY 7, 2024

Franchetti acknowledges that a KPI- and outcome-driven method is still appropriate for many technology rollouts, but “the organic approach is better for AI, so our deep software development subject matter experts can innovate without a targeted business outcome,” he says.

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KPI Measurement Experimentation Finance 105

CIO Business Intelligence

FEBRUARY 21, 2023

Historically, the firm’s route to the consumer was sales representatives going from bar to bar selling orders through paper-based forms. billion in digital sales value, more than two-and-a-half times against the comparable period the previous year. billion) of business through digital channels over the next three years.

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Sales Digital Transformation Experimentation Optimization 105

Insight

APRIL 28, 2020

Originally posted on Open Data Science (ODSC). In this article, we share some data-driven advice on how to get started on the right foot with an effective and appropriate screening process. Designing a Data Science Interview Onsite interviews are indispensable, but they are time-consuming.

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Data-driven Data Science Experimentation Measurement 53

Sisense

MARCH 6, 2019

Every year there’s high anticipation to see what key message Gartner will present in the yearly Data & Analytics Summits. It’s always fun and insightful to be able to talk to so many CDOs, CIOs, data and BI professionals within 2.5 At Sisense we’ve been preaching for BI prototyping and experimentation for quite a while now.

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Data Analytics Analytics Experimentation Data-driven 75

Occam's Razor

DECEMBER 9, 2009

It is rare for me to work with a organization where the root cause for their faith based decision making (rather than data driven) was not the org structure. Surprisingly it is often not their will to use data, that is there in many cases. Chapter 14: HiPPOs, Ninjas, and the Masses: Creating a Data-Driven Culture.

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Analytics Data-driven Marketing Sales 95

CIO Business Intelligence

JUNE 11, 2024

One reason CEOs restructure new digital, data, AI, or experience departments with separate C-level leaders is if IT is underperforming and the CIO isn’t driving transformation. What dataops, data governance, machine learning, and AI capabilities are IT developing as competitive differentiators?

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IT Digital Transformation Broadcasting Business Objectives 136

DataRobot Blog

OCTOBER 18, 2022

Organizations are looking for AI platforms that drive efficiency, scalability, and best practices, trends that were very clear at Big Data & AI Toronto. DataRobot Booth at Big Data & AI Toronto 2022. Monitoring and Managing AI Projects with Model Observability. Accelerating Value-Realization with Industry Specific Use Cases.

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Big Data Forecasting Experimentation Machine Learning 96

IBM Big Data Hub

DECEMBER 5, 2023

Generative AI excels at handling diverse data sources such as emails, images, videos, audio files and social media content. This unstructured data forms the backbone for creating models and the ongoing training of generative AI, so it can stay effective over time. The impact of these investments will become evident in the coming years.

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Unstructured Data Cost-Benefit Machine Learning Experimentation 90

AWS Big Data

OCTOBER 4, 2023

Amazon DataZone enables customers to discover, access, share, and govern data at scale across organizational boundaries, reducing the undifferentiated heavy lifting of making data and analytics tools accessible to everyone in the organization. This is challenging because access to data is managed differently by each of the tools.

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Metadata Data Lake Publishing Data Governance 119

CIO Business Intelligence

JUNE 28, 2023

“These circumstances have induced uncertainty across our entire business value chain,” says Venkat Gopalan, chief digital, data and technology officer, Belcorp. “As Belcorp operates under a direct sales model in 14 countries. The team leaned on data scientists and bio scientists for expert support.

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Digital Transformation Cost-Benefit Informatics Data mining 105

CIO Business Intelligence

AUGUST 1, 2023

But with all the excitement and hype, it’s easy for employees to invest time in AI tools that compromise confidential data or for managers to select shadow AI tools that haven’t been through security, data governance, and other vendor compliance reviews.

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Data Science 98

Domino Data Lab

JUNE 23, 2019

Skomoroch proposes that managing ML projects are challenging for organizations because shipping ML projects requires an experimental culture that fundamentally changes how many companies approach building and shipping software. Without large amounts of labeled training data solving most AI problems is not possible.

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Management Machine Learning Experimentation Metrics 110

Sisense

NOVEMBER 23, 2020

The global pandemic has driven home the fact that data is vital to the success of every organization. Sisense recently surveyed over 460 companies across Australia and New Zealand to dig into their data and analytics usage and future plans. Who is leading the way?

Analytics 98

Analytics Data-driven Marketing Reporting 98

DataRobot Blog

OCTOBER 4, 2022

The shift in consumer habits and geopolitical crises have rendered data patterns collected pre-COVID obsolete. This has prompted AI/ML model owners to retrain their legacy models using data from the post-COVID era, while adapting to continually fluctuating market trends and thinking creatively about forecasting.

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Forecasting Sales Data-driven Modeling 59

AWS Big Data

JUNE 20, 2023

Amazon Athena is an interactive query service that makes it easy to analyze data in Amazon Simple Storage Service (Amazon S3) and data sources residing in AWS, on-premises, or other cloud systems using SQL or Python. Solution overview Data scientists are generally accustomed to working with large datasets.

Data Lake 102

Data Lake Data Science Recreation/Entertainment Data-driven 102

Occam's Razor

JULY 1, 2008

Framing the online to offline "data" problem: Why is quantifying offline impact such a problem? In English: We simply don't have a way of joining the online data to offline data. " Next time you hear that ask them in a sweet voice: "What is the primary key you use to join the two online and offline data?"

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Analytics Measurement Marketing Sales 116

CIO Business Intelligence

JULY 3, 2024

This sales channel change might mean that, in addition to license model and pricing changes, VMware customers will need to forge relationships — for both sales and support — with new providers. In the short term this might be the only practical option as the options might require both time and experimentation.

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Testing Modeling Marketing Experimentation 85

Sisense

JUNE 30, 2019

It doesn’t matter what you think your company does, it’s going to have to turn into a data company soon, if it hasn’t started already, in addition to continuing to provide your core product or service. Data Strategies for the Uninitiated. First off, “So, what even is a data strategy anyway?” Is that my job?”

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Data Strategy Strategy Consulting Experimentation 71

Ontotext

JULY 6, 2023

In today’s fast changing environment, enterprises that have transitioned from being focused on applications to becoming data-driven gain a significant competitive edge. There are four groups of data that are naturally siloed: Structured data (e.g., Transaction and pricing data (e.g.,

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Cost-Benefit Metadata Experimentation Risk 52

CIO Business Intelligence

JUNE 28, 2023

For all of generative AI’s allure, large enterprises are taking their time, many outright banning tools like ChatGPT over concerns of accuracy, data protection, and the risk of regulatory backlash. Experimentation with a use case driven approach. Likely, you’re doing better than you think. Caution is king. Looking forward.

Enterprise 52

Enterprise Experimentation Risk Data-driven 52

Occam's Razor

JULY 24, 2018

The result is analytical strategies that are uninformed by reality, and driven new tool features, random expert recommendations and shiny objects ( OMG we have to get offline attribution! ). Diving a bit deeper into the x-axis… While most data can be collected in real-time now, not all metrics are useful in real-time.

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Analytics Metrics Strategy Measurement 95

Sisense

MAY 18, 2021

If marketing were an apple pie, data would be the apples — without data supporting your marketing program, it might look good from the outside, but inside it’s hollow. In a recent survey from Villanova University, 100% of marketers said data analytics has an essential role in marketing’s future.

Marketing 52

Marketing Data Analytics Analytics Metrics 52

Occam's Razor

JUNE 6, 2007

Experimentation & Testing (A/B, Multivariate, you name it). Benchmarking (exactly how you can do it), impactful actionable executive dashboards (what they should contain), creating a data driven organization. There are four important factors that might work against lots of sales of this book. Clicks and outcomes.

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Analytics Metrics Marketing Dashboards 60

FineReport

APRIL 24, 2024

Learn Data Visualization Understanding the Importance of Visualizing Data Data visualization is a powerful tool for conveying complex information in a clear and impactful manner. Whether it’s through charts, graphs, maps, or other visual formats, mastering data visualization is crucial for anyone working with data.

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Visualization Dashboards Interactive Data-driven 52

AWS Big Data

MARCH 20, 2023

Top line revenue refers to the total value of sales of an organization’s services or products. High-level challenge: The need for real-time analytics Previous efforts at Poshmark for improving CX through analytics were based on batch processing of analytics data and using it on a daily basis to improve CX.

Analytics 52

Analytics Data Processing Slice and Dice Data Lake 52