CIO Business Intelligence

AUGUST 20, 2024

While the focus at these three levels differ, CIOs should provide a consistent definition of high performance and how it’s measured. One way to do this is to ensure all digital transformation initiatives have documented vision statements and clearly defined business and end-user objectives when scheduling major deployments.

IT 141

IT Digital Transformation Experimentation Risk 141

CIO Business Intelligence

MARCH 12, 2024

Early use cases include code generation and documentation, test case generation and test automation, as well as code optimization and refactoring, among others. The maturity of any development organization can easily be measured in terms of the size and type of investment made in QA,” he says.

Software 131

Software Experimentation Testing Cost-Benefit 131

CIO Business Intelligence

JULY 1, 2024

By documenting cases where automated systems misbehave, glitch or jeopardize users, we can better discern problematic patterns and mitigate risks. Lastly, CLTR said, capacity to monitor, investigate, and respond to incidents needs to be enhanced through measures such as the establishment of a pilot AI incident database.

Reporting 129

Reporting Risk Management Experimentation Risk 129

CIO Business Intelligence

FEBRUARY 7, 2024

We’ve seen an ongoing iteration of experimentation with a number of promising pilots in production,” he says. Samsara employees are applying these general-purpose assistants to a variety of use cases, like writing documentation and job descriptions, debugging code, or writing API endpoints.

KPI 105

KPI Measurement Experimentation Finance 105

Occam's Razor

APRIL 8, 2013

First, you figure out what you want to improve; then you create an experiment; then you run the experiment; then you measure the results and decide what to do. For each of them, write down the KPI you're measuring, and what that KPI should be for you to consider your efforts a success. Measure and decide what to do.

Metrics 157

Metrics KPI Analytics Key Performance Indicator 157

CIO Business Intelligence

AUGUST 15, 2024

A virtual assistant may save employees time when searching for old documents or composing emails, but most organizations have no idea how much time those tasks have taken historically, having never tracked such metrics before, she says.

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

CIO Business Intelligence

AUGUST 14, 2024

For many enterprises, Microsoft provides not just document and email storage, but also the root of enterprise identity for those data sources, as Vadim Vladimirskiy, CEO of software developer Nerdio, points out. If you pull your data from a document with no permission set on it, then there’s no information to be had,” he adds.

Enterprise 136

Enterprise Cost-Benefit Experimentation Modeling 136

AWS Big Data

SEPTEMBER 5, 2024

It comes in two modes: document-only and bi-encoder. For more details about these two terms, see Improving document retrieval with sparse semantic encoders. Simply put, in document-only mode, term expansion is performed only during document ingestion. Bi-encoder mode improves performance but may cause more latency.

Metrics 106

Metrics Testing Experimentation Modeling 106

CIO Business Intelligence

AUGUST 23, 2024

Like most enterprises, Bayer’s agricultural division will initially use AWS-based generative AI tools out-of-the-box to automate basic business processes, such as the production of internal technical documentation, McQueen says. Making that available across the division will spur more robust experimentation and innovation, he notes.

Data Science 101

Data Science Experimentation Testing Modeling 101

AWS Big Data

AUGUST 21, 2023

Lexical search looks for words in the documents that appear in the queries. Background A search engine is a special kind of database, allowing you to store documents and data and then run queries to retrieve the most relevant ones. OpenSearch Service supports a variety of search and relevance ranking techniques.

Data Processing 96

Data Processing Visualization Experimentation Metrics 96

CIO Business Intelligence

APRIL 4, 2022

The early days of the pandemic taught organizations like Avery Dennison the power of agility and experimentation. The team was helped with live augmented reality annotations to document each step. “We We are just starting to come back into the office, but in six months we’ll have a much better measure” of efficiencies gained. “I

Experimentation 133

Experimentation Interactive Business Objectives Manufacturing 133

CIO Business Intelligence

AUGUST 21, 2024

It wasn’t just a single measurement of particulates,” says Chris Mattmann, NASA JPL’s former chief technology and innovation officer. “It It was many measurements the agents collectively decided was either too many contaminants or not.” They also had extreme measurement sensitivity.

Risk 136

Risk Insurance Cost-Benefit Software 136

AWS Big Data

JANUARY 9, 2024

Lexical search In lexical search, the search engine compares the words in the search query to the words in the documents, matching word for word. Semantic search doesn’t match individual query terms—it finds documents whose vector embedding is near the query’s embedding in the vector space and therefore semantically similar to the query.

Visualization 107

Visualization Cost-Benefit Modeling Machine Learning 107

O'Reilly on Data

MARCH 23, 2023

Tokens ChatGPT’s sense of “context”—the amount of text that it considers when it’s in conversation—is measured in “tokens,” which are also used for billing. Be very careful about documents that require any sort of precision. Still, I would want a human lawyer to review anything it produced; legal documents require precision.

IT 348

IT Modeling Testing Risk 348

CIO Business Intelligence

OCTOBER 18, 2023

We’re seeing lots and lots of pilots,” says Gartner AI analyst Arun Chandrasekaran, who notes content creation, document summarization, sentiment analysis, and enterprise search chief among the initial use cases. A recent survey of nearly 1,000 IT decision-makers conducted by Foundry underscores this.

Risk 141

Risk Manufacturing Enterprise Technology 141

Cloudera

OCTOBER 8, 2024

By 2023, the focus shifted towards experimentation. Detailed Data and Model Lineage Tracking*: Ensures comprehensive tracking and documentation of data transformations and model lifecycle events, enhancing reproducibility and auditability. These innovations pushed the boundaries of what generative AI could achieve.

Optimization 75

Optimization Experimentation Metrics Enterprise 75

CIO Business Intelligence

AUGUST 17, 2023

“Since the middle of last year, we’ve been analyzing the potential impact, opportunities, and risks of the speed of innovation in this area, as well as introduced policies and implemented measures to minimize risks,” he says. But overall, we see this as a huge opportunity.

Risk 98

Risk Cost-Benefit Strategy Unstructured Data 98

Domino Data Lab

AUGUST 6, 2021

The process of doing data science is about learning from experimentation failures, but inadvertent errors can create enormous risks in model implementation. A Model Risk Management framework combines sound governance principles with end-to-end documentation in the design, development, validation, and deployment of new models in the business.

Risk Management 64

Risk Management Risk Modeling Enterprise 64

IBM Big Data Hub

OCTOBER 20, 2023

Automated development: With AutoAI , beginners can quickly get started and more advanced data scientists can accelerate experimentation in AI development. Data extraction: Platform capabilities help sort through complex details and quickly pull the necessary information from large documents.

Machine Learning 71

Machine Learning Manufacturing Deep Learning Cost-Benefit 71

Sisense

JULY 15, 2020

This article will focus on the AI Research (AIR) team’s effort, specifically an experimental combination of Sisense BloX (actionable embedded analytics ) and Quest (an advanced analytics add-on for Sisense) which we called the SEIR app. Dozens of Sisensers took part in project SiCo to create this awesome COVID hub. Envisioning the SEIR app.

Analytics 90

Analytics Modeling Visualization Dashboards 90

CIO Business Intelligence

JUNE 28, 2023

Experimentation with a use case driven approach. At least for now, they seem focused on use cases that improve productivity, with compelling opportunities in the areas of sales & marketing, code generation, and document generation. By that measure, you will indeed have done better than you thought. Looking forward.

Enterprise 52

Enterprise Experimentation Risk Data-driven 52

Domino Data Lab

DECEMBER 4, 2020

Domino Lab supports both interactive and batch experimentation with all popular IDEs and notebooks (Jupyter, RStudio, SAS, Zeppelin, etc.). TIME – time points of measured pain score and plasma concentration (in hrs). 2] Pumas AI Documentation, [link]. [3] In this tutorial we will use JupyterLab. and 3 to 8 hours.

Metrics 59

Metrics Data Science Knowledge Discovery Measurement 59

Cloudera

NOVEMBER 25, 2020

For example, it includes patient samples (blood, blood pressure, temperature, and more), patient information (age, gender, where they have lived, family situation, and other details), and treatment history, most of which is currently found only in paper documents.

Data Warehouse 59

Data Warehouse Unstructured Data Analytics Visualization 59

Occam's Razor

JUNE 6, 2007

Bonus: Interactive CD: Contains six podcasts, one video, two web analytics metrics definitions documents and five insightful powerpoint presentations. Experimentation & Testing (A/B, Multivariate, you name it). In 480 pages the book goes from from beginner's basics to a advanced analytics concepts. Clicks and outcomes.

Analytics 60

Analytics Metrics Marketing Dashboards 60

Ontotext

NOVEMBER 2, 2023

This shift from relational to graph approach has been well-documented by Gartner who advise that “using graph techniques at scale will form the foundation of modern data and analytics” and “graph technologies will be used in 80% of data and analytics innovations by 2025.”

IT 69

IT Cost-Benefit Data-driven Technology 69

AWS Big Data

JULY 26, 2023

The vector engine supports a wide range of use cases across various domains, including image search, document search, music retrieval, product recommendation, video search, location-based search, fraud detection, and anomaly detection. One OCU can handle 4 million vectors for 128 dimensions or 500K for 768 dimensions at 99% recall rate.

Metadata 52

Metadata Cost-Benefit Testing Metrics 52

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. Code (62%) : Gen AI helps developers write code more efficiently and with fewer errors.

Cost-Benefit 89

Cost-Benefit Manufacturing Modeling Interactive 89

O'Reilly on Data

JULY 28, 2020

Without clarity in metrics, it’s impossible to do meaningful experimentation. AI PMs must ensure that experimentation occurs during three phases of the product lifecycle: Phase 1: Concept During the concept phase, it’s important to determine if it’s even possible for an AI product “ intervention ” to move an upstream business metric.

Marketing 364

Marketing Experimentation Metrics Testing 364

The Unofficial Google Data Science Blog

JUNE 30, 2016

In an ideal world, experimentation through randomization of the treatment assignment allows the identification and consistent estimation of causal effects. This fact is well documented by Kang & Schafer (2007). In observational studies treatment is assigned by nature, therefore its mechanism is unknown and needs to be estimated.

Statistics 45

Statistics Optimization Modeling Experimentation 45

CIO Business Intelligence

MAY 20, 2024

Another study used smartphone geolocation data to measure face-to-face interactions among workers at various Silicon Valley firms. The study documents “substantial returns to face-to-face meetings … (and) returns to serendipity.” As a means of control, budgets measure performance against planned targets, influencing employee behavior.

Management 122

Management Interactive Measurement Marketing 122

Occam's Razor

AUGUST 22, 2011

Key To Your Digital Success: Web Analytics Measurement Model. " Measuring Incrementality: Controlled Experiments to the Rescue! Barriers To An Effective Web Measurement Strategy [+ Solutions!]. Measuring Online Engagement: What Role Does Web Analytics Play? "Engagement" How Do I Measure Success?

KPI 125

KPI Metrics Measurement ROI 125

Corinium

APRIL 25, 2019

For example, P&C insurance strives to understand its customers and households better through data, to provide better customer service and anticipate insurance needs, as well as accurately measure risks. Life insurance needs accurate data on consumer health, age and other metrics of risk.

Insurance 150

Insurance Risk IoT Data-driven 150

Domino Data Lab

AUGUST 26, 2019

To support the iterative and experimental nature of industry work, Domino reached out to Addison-Wesley Professional (AWP) for appropriate permissions to excerpt the “Tuning Hyperparameters and Pipelines” from the book, Machine Learning with Python for Everyone by Mark E. Beyond this, we also get a measure of the variability.

Testing 79

Testing Modeling Machine Learning Metrics 79

Insight

MARCH 12, 2020

To collect these genre tags and other metadata, I took advantage of the well-documented Goodreads API. One way that we can get around this is to use the proportion of tags that fall into a given class as a measure of our degree of confidence in that class association. Unfortunately, that API does not permit collection of synopses.

Modeling 59

Modeling Metadata Publishing Sales 59

CIO Business Intelligence

OCTOBER 10, 2024

For example, a retrieval-augmented generation (RAG) AI document search project can cost up to $1 million to deploy, with recurring per-user costs of up to $11,000 a year, according to Gartner. Still, a 30% failure rate represents a huge amount of time and money, given how widespread AI experimentation is today.

ROI 135

ROI Experimentation Cost-Benefit Metrics 135

CIO Business Intelligence

OCTOBER 31, 2024

There’s value in that kind of tinkering and experimentation on the employee level, but you want to do it safely,” says Nick van der Meulen, a research scientist at MIT CISR. “A In both cases, organizations should measure the success by both immediate impact and how well these tools and solutions align with the long-term business goals.”

Data-driven 142

Data-driven Unstructured Data Experimentation Consulting 142

CIO Business Intelligence

FEBRUARY 19, 2025

If 2023 was the year of experimentation with gen AI, 2024 was when companies zeroed in on use cases and started putting pilot projects into production. The tools are used to extract information from large documents, to help create presentations, and to summarize lengthy reports and compared documents to find discrepancies.

ROI 137

ROI Marketing Sales Software 137