Remove Events Remove Risk Remove Uncertainty
article thumbnail

South Korea’s political unrest threatens the stability of global tech supply chains

CIO Business Intelligence

The reversal calmed immediate fears of an extended crisis, but the political instability sent ripples through financial markets and heightened uncertainty for South Korea’s role as a global technology hub. The events in South Korea will again accelerate this trend.”

article thumbnail

Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? Those F’s are: Fragility, Friction, and FUD (Fear, Uncertainty, Doubt). Do not covet thy data’s correlations: a random six-sigma event is one-in-a-million.

Strategy 290
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sustainability: Real progress but also thorny challenges ahead

CIO Business Intelligence

Dealing with uncertain economic environments, which can distract from sustainability issues: Energy prices, price inflation, and geopolitical tensions continue to fluctuate, and that uncertainty can impact focus on environmental sustainability. So far, however, companies seem to be staying the course.

article thumbnail

The trinity of errors in financial models: An introductory analysis using TensorFlow Probability

O'Reilly on Data

All models, therefore, need to quantify the uncertainty inherent in their predictions. In other words, extreme events occur far more frequently than predicted by the normal distribution. Mini flash crashes” of individual stocks occur with even higher frequency than these macro events. Indeed, this parameter is hard to estimate.

Modeling 208
article thumbnail

Optimizing Risk and Exposure Management – Roundtable Highlights

Cloudera

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Now, risk management has become exponentially complicated in multiple dimensions. . Area such as: .

Risk 100
article thumbnail

The trinity of errors in applying confidence intervals: An exploration using Statsmodels

O'Reilly on Data

Because of this trifecta of errors, we need dynamic models that quantify the uncertainty inherent in our financial estimates and predictions. Practitioners in all social sciences, especially financial economics, use confidence intervals to quantify the uncertainty in their estimates and predictions.

article thumbnail

Beyond growth: M&A as a strategic transformation enabler

CIO Business Intelligence

The next generation of M&A strategy brings emerging digital capabilities to the forefront in support of both opportunities and risk mitigation. Contingency planning : Digital teams are continuously responding to unanticipated events and consequences. Integration planning : Milestones provide critical digital governance.