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. Those F’s are: Fragility, Friction, and FUD (Fear, Uncertainty, Doubt). These changes may include requirements drift, data drift, model drift, or concept drift.

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. Machine learning adds uncertainty.

Management 363

Management Machine Learning Experimentation Metrics 363

Smart Data Collective

MARCH 2, 2023

Big data technology used to be a luxury for small business owners. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. However, there are even more important benefits of using big data during a bad economy.

Big Data 105

Big Data Uncertainty Risk Data mining 105

Andrew White

MAY 4, 2020

COVID-19 and the related economic fallout has pushed organizations to extreme cost optimization decision making with uncertainty. As a result, Data, Analytics and AI are in even greater demand. Demand from all these organizations lead to yet more data and analytics. With data comes quality issues. Everything Changes.

Uncertainty 90

Uncertainty Data Quality Consulting Predictive Modeling 90

CIO Business Intelligence

NOVEMBER 1, 2024

One of the firm’s recent reports, “Political Risks of 2024,” for instance, highlights AI’s capacity for misinformation and disinformation in electoral politics, something every client must weather to navigate their business through uncertainty, especially given the possibility of “electoral violence.” “The The biggest challenge is data.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

JULY 18, 2022

The 3% increase in total IT spending represents slower growth than in 2021, as the economy as a whole and the IT sector in particular began to recover from the effects of the pandemic, and growth will largely be driven by cloud services and the data center, Gartner said. Cloud Computing, Data Center, Technology Industry

IT 144

IT Uncertainty Data-driven Sales 144

CIO Business Intelligence

DECEMBER 18, 2024

This shift is partly driven by economic uncertainty and the need for businesses to justify every expense. This can not only reduce costs but also simplify your IT landscape and improve data integration. While value-based pricing is appealing in theory, it can be extremely difficult to measure and implement in practice.

ROI 116

ROI Software Finance Uncertainty 116

Sisense

JULY 6, 2020

Analytics and data are changing every facet of our world. In The State of BI & Analytics , we expand on our original research, keeping you ahead of the curve on the world of analytics, data, and business intelligence. When forced to make important decisions, business leaders use data to chart a course.

Data-driven 81

Data-driven Uncertainty Reporting Predictive Analytics 81

Cloudera

DECEMBER 21, 2020

Hybrid cloud is the best of both worlds – it allows low latency in data transfer combined with high data security offered by on-prem with the low TCO of ownership of scalable advanced analytics solutions in the cloud. . Enhancing Online Customer Experience with Data .

Data-driven 93

Data-driven Data Strategy Strategy Cost-Benefit 93

IBM Big Data Hub

SEPTEMBER 11, 2023

Government executives face several uncertainties as they embark on their journeys of modernization. What makes or breaks the success of a modernization is our willingness to develop a detailed, data-driven understanding of the unique needs of those that we aim to benefit.

Data-driven 85

Data-driven IT Measurement Cost-Benefit 85

The Unofficial Google Data Science Blog

DECEMBER 14, 2021

by AMIR NAJMI & MUKUND SUNDARARAJAN Data science is about decision making under uncertainty. Some of that uncertainty is the result of statistical inference, i.e., using a finite sample of observations for estimation. But there are other kinds of uncertainty, at least as important, that are not statistical in nature.

Uncertainty 56

Uncertainty Statistics Measurement Cost-Benefit 56

CIO Business Intelligence

NOVEMBER 1, 2024

One of the firm’s recent reports, “Political Risks of 2024,” for instance, highlights AI’s capacity for misinformation and disinformation in electoral politics, something every client must weather to navigate their business through uncertainty, especially given the possibility of “electoral violence.” “The The biggest challenge is data.

IT 105

IT Insurance Consulting Risk 105

O'Reilly on Data

SEPTEMBER 15, 2021

In June 2021, we asked the recipients of our Data & AI Newsletter to respond to a survey about compensation. There was a lot of uncertainty about stability, particularly at smaller companies: Would the company’s business model continue to be effective? Would your job still be there in a year? Executive Summary. Demographics.

Machine Learning 363

Machine Learning Statistics Reporting Consulting 363

CIO Business Intelligence

FEBRUARY 20, 2025

Making decisions based on data To ensure that the best people end up in management positions and diverse teams are created, HR managers should rely on well-founded criteria, and big data and analytics provide these. Kastrati Nagarro The problem is that many companies still make little use of their data.

Big Data 84

Big Data Measurement Visualization Machine Learning 84

CIO Business Intelligence

OCTOBER 4, 2022

From delightful consumer experiences to attacking fuel costs and carbon emissions in the global supply chain, real-time data and machine learning (ML) work together to power apps that change industries. Data architecture coherence. Putting data in the hands of the people that need it.

Machine Learning 118

Machine Learning Data Architecture Uncertainty Data-driven 118

CIO Business Intelligence

AUGUST 15, 2024

For instance, the increasing cost of capital has affected access to and use of money across all sectors; an increasing regulatory focus on competition and industry dynamics has driven increased scrutiny as a critical factor for uncertainty; geopolitical uncertainties, including unprecedented conflicts across many regions, have forced delays.

Uncertainty 111

Uncertainty Risk Strategy Cost-Benefit 111

CIO Business Intelligence

NOVEMBER 14, 2022

Decision support systems definition A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. A DSS leverages a combination of raw data, documents, personal knowledge, and/or business models to help users make decisions. Data-driven DSS.

Data mining 144

Data mining Data-driven Statistics OLAP 144

Cloudera

JUNE 1, 2021

This means we can double down on our strategy – continuing to win the Hybrid Data Cloud battle in the IT department AND building new, easy-to-use cloud solutions for the line of business. And, the Enterprise Data Cloud category we invented is also growing. After all, we invented the whole idea of Big Data. Our strategy.

Uncertainty 144

Uncertainty Cost-Benefit Risk Strategy 144

O'Reilly on Data

FEBRUARY 11, 2020

We suspected that data quality was a topic brimming with interest. The responses show a surfeit of concerns around data quality and some uncertainty about how best to address those concerns. Key survey results: The C-suite is engaged with data quality. Data quality might get worse before it gets better.

Data Quality 361

Data Quality Metadata Data Governance Publishing 361

CIO Business Intelligence

SEPTEMBER 15, 2023

Salesforce is looking at a large recruitment drive as it plans to invest in new areas such as generative AI and push some of its popular products, such as the Data Cloud, CEO Marc Benioff, and chief operating officer Brian Millham told Bloomberg in an interview.

IT 132

IT Uncertainty Sales Data-driven 132

Smart Data Collective

AUGUST 18, 2021

When applied to the hiring process, data analytics can help you strategically grow and manage your team with greater accuracy and success. More companies are using big data to create a stronger company culture. 50% of business owners consider big data to be the most effective hiring method, a Global Recruiting Trends survey reveals.

Data Science 139

Data Science Management Big Data Metrics 139

erwin

OCTOBER 16, 2020

It’s certainly no secret that data has been growing in volume, variety and velocity, and most companies are overwhelmed by managing it, let alone harnessing it to put it to work. quintillion bytes of data every day, and 90% of the world’s data volume has been created in the past two years alone. Where is the data?

Internet of Things 145

Internet of Things Data-driven Uncertainty Data Governance 145

Sisense

APRIL 20, 2020

COVID-19 is the biggest human challenge we’ve encountered in decades — and despite the focus on epidemiology it actually centers on data. In Data Surrounds Us , we shift our focus from what happened to what we can do better. Now more than ever, data will be a barometer of truth. Data will guide us towards a new normal.

Uncertainty 52

Uncertainty Data-driven Dashboards Metrics 52

CIO Business Intelligence

FEBRUARY 1, 2023

While some see digital transformation as a trend that has existed since the 1950s, an alternative view is that today’s digitalisation is a distinct phase because it describes the way technology and data now define rather than merely support operations. Big Data, Data and Information Security, Digital Transformation

Digital Transformation 115

Digital Transformation Uncertainty IoT Risk 115

CIO Business Intelligence

JUNE 19, 2024

In short, members won’t share data or algorithms but there will be a collective system allowing expertise and learning to be shared. Everyone remembers the guesswork and uncertainty of the pandemic. In future, this might disappear as AI-driven analytics makes predictions about viral evolution before it has happened.

Uncertainty 145

Uncertainty Insurance Cost-Benefit Data-driven 145

CIO Business Intelligence

APRIL 28, 2023

Continuing with current cloud adoption plans is a risky strategy because the challenges of managing and securing sensitive data are growing. As it becomes a dominant IT operating model, critical data is finding its way into the cloud. Almost 50% of European companies are putting classified data in the public cloud.

Uncertainty 98

Uncertainty Business Driver Data Processing Data-driven 98

CIO Business Intelligence

JANUARY 9, 2023

Economic uncertainty Organizations are concerned about multiple economic forces that are all causing uncertainty, says Srinivas Mukkamala, chief product officer at Ivanti. How do you future-proof your business in the face of so much uncertainty? And doing so is beginning to pay off. “By

IT 145

IT Uncertainty Cost-Benefit Digital Transformation 145

CIO Business Intelligence

SEPTEMBER 2, 2022

Tim Scannell: Data is a major focus of most IT organizations today — collecting it from a variety of sources, transforming it into business intelligence, getting it into the hands of the right people within the organization. How extensive is your data-driven strategy today? Khare: I look at uncertainty at two tiers.

Uncertainty 98

Uncertainty Manufacturing Data-driven Business Intelligence 98

CIO Business Intelligence

SEPTEMBER 2, 2022

Tim Scannell: Data is a major focus of most IT organizations today — collecting it from a variety of sources, transforming it into business intelligence, getting it into the hands of the right people within the organization. How extensive is your data-driven strategy today? Khare: I look at uncertainty at two tiers.

Uncertainty 98

Uncertainty Manufacturing Data-driven Business Intelligence 98

O'Reilly on Data

OCTOBER 13, 2020

From a technical perspective, it is entirely possible for ML systems to function on wildly different data. For example, you can ask an ML model to make an inference on data taken from a distribution very different from what it was trained on—but that, of course, results in unpredictable and often undesired performance. I/O validation.

Management 313

Management Machine Learning Metrics Modeling 313

CIO Business Intelligence

MARCH 14, 2022

Hubbard defines measurement as: “A quantitatively expressed reduction of uncertainty based on one or more observations.”. This acknowledges that the purpose of measurement is to reduce uncertainty. And the purpose of reducing uncertainty is to make better decisions. I call this point data saturation.

Uncertainty 105

Uncertainty Measurement Cost-Benefit Optimization 105

Smart Data Collective

SEPTEMBER 7, 2021

Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Big data in retail help companies understand their customers better and provide them with more personalized offers. Big data is a not new concept, and it has been around for a while. Source: Statista.

Big Data 145

Big Data Technology Predictive Analytics Cost-Benefit 145

CIO Business Intelligence

AUGUST 26, 2024

In today’s IT landscape, organizations are confronted with the daunting task of managing complex and isolated multicloud infrastructures while being mindful of budget constraints and the need for rapid deployment—all against a backdrop of economic uncertainty and skills shortages.

Management 111

Management Uncertainty Data-driven Software 111

David Menninger's Analyst Perspectives

OCTOBER 23, 2024

Of course, messaging along these lines involves persuading a critical mass of buyers that there is no danger or uncertainty involved in taking a non-traditional approach to outfitting contact centers. There are indications that the company is having success along both tracks.

Uncertainty 130

Uncertainty Marketing Management Enterprise 130

erwin

AUGUST 13, 2020

Compliance and Legislation : How do we manage uncertainty around legislative change (e.g., data protection, personal and sensitive data, tax issues and sustainability/carbon emissions)? Data Overload : How do we find and convert the right data to knowledge (e.g., big data, analytics and insights)?

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

CIO Business Intelligence

JANUARY 11, 2024

A data-driven foundation Of course, a dose of caution is in order, particularly with newer AI offshoots such as generative AI. Outrageously inaccurate ChatGPT musings are just an opener for what could later be catastrophic mistakes predicated on bad data.

Enterprise 128

Enterprise Uncertainty Reporting Risk Management 128

CIO Business Intelligence

DECEMBER 10, 2024

The total value of private equity exits is on track to hit its lowest level in five years , this year, amid an environment of persistent macroeconomic uncertainty, skittishness in the IPO market, and continued geopolitical uncertainty. Data and AI need to be at the core of this transformation.

Uncertainty 97

Uncertainty Data-driven Marketing Insurance 97