CIO Business Intelligence

SEPTEMBER 12, 2022

Prioritize time for experimentation. One instance of how that exploration led to real business benefits was with the application of machine learning to predict optimal product formulation using a set of desired consumer benefits. Here, they and others share seven ways to create and nurture a culture of innovation.

Experimentation 133

Experimentation Consulting Technology Machine Learning 133

CIO Business Intelligence

OCTOBER 18, 2023

in concert with Microsoft’s AI-optimized Azure platform. based online insurer, is developing an LLM-based platform to handle customer requests with far more intelligent and enhanced chatbots. John Spottiswood, COO of Jerry, a Palo Alto, Calif.-based We’re using OpenAI primarily, calling ChatGPT and using a mix of GPT-4 and GPT-3.5.

Risk 141

Risk Manufacturing Enterprise Technology 141

CIO Business Intelligence

AUGUST 1, 2023

Justin Rodenbostel, EVP at SPR, says, “Search for opportunities to leverage GPT-4 and LLM for optimizing activities like customer support, especially regarding automating tasks and analyzing large quantities of unstructured data.” Improving customer support is a quick win for delivering short-term ROI from LLMs and AI search capabilities.

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Data Science 98

CIO Business Intelligence

OCTOBER 9, 2023

Hyatt’s experimental mindset and listen-first approach are heavily applied to IT’s pursuit of innovation, he says. When Renganathan was spearheading digital at his previous company, Farmers Group Insurance, IT wanted to bring operational excellence to its customer contact management system. He learned that the hard way.

Strategy 137

Strategy Technology Experimentation Testing 137

DataRobot Blog

SEPTEMBER 22, 2022

Since 2016, DataRobot has aligned with customers in finance, retail, healthcare, insurance and more industries in France with great success, with the first customers being leaders in the insurance space. . Leading French organizations are recognizing the power of AI to accelerate the impact of data science.

Big Data 52

Big Data Insurance Experimentation Data Science 52

CIO Business Intelligence

MARCH 6, 2023

Despite all three teams reporting up a single leader, each team optimized for itself, resulting in individual stovepipes and technology inefficiencies, Stone says. But this affords our teams the opportunities to grow as a professional community and to be highly engaged — not only between themselves but with the business.”

IT 140

IT Strategy Cost-Benefit Consulting 140

Occam's Razor

NOVEMBER 2, 2015

When you search for them, if you find them, you end up on sub-optimal landing pages. As with all other Social Networks below, let's take a look at some B2B examples (good and un-good), some B2C examples (good and un-good) and arrive at the optimal answer. We all know that Page Likes is a profoundly sub-optimal metric.

B2B 167

B2B Metrics Recreation/Entertainment Testing 167

Domino Data Lab

JANUARY 24, 2019

These data scientists require the flexibility to use a constantly-evolving software and hardware stack to optimize each step of their model lifecycle. For example, an insurance company could task a team of expert data scientists to work collaboratively in a code-first platform to develop their proprietary claims risk models.

Data Science 65

Data Science Marketing Data-driven Statistics 65

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. Audio (56%) : Gen AI call centers with realistic audio assist customers and employees.

Cost-Benefit 89

Cost-Benefit Manufacturing Modeling Interactive 89

Cloudera

NOVEMBER 25, 2020

Innovate on serviceability and optimize utilization. It would enable faster experimentation with easy, protected, and governed access to a variety of data. How can users quickly pull up historical trails, what results were generated, what steps were involved, and compare against external text data?

Data Warehouse 59

Data Warehouse Unstructured Data Analytics Visualization 59

Occam's Razor

OCTOBER 21, 2013

As an analyst, I was upset that this change would hurt my ability to analyze the effectiveness of my beloved search engine optimization (SEO) efforts – which are really all about finding the right users using optimal content strategies. These changes impact my AdWords spend sub-optimally. What Is Not Going Away.

Optimization 156

Optimization Reporting Metrics Experimentation 156

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. Are you seeing any specific issues around the insurance industry at the moment that should concern CDAOs?

Insurance 150

Insurance Risk IoT Data-driven 150

Occam's Razor

JANUARY 28, 2013

AAA Life Insurance : Truly Customer Centric "Convince Me To Buy" Experience. AAA Life Insurance : Truly Customer Centric "Convince Me To Buy" Experience. I want to buy term life insurance. So I Google term life insurance online quote and spent most of my time with two companies. Where's the CMTB?

Marketing 165

Marketing Insurance Visualization IT 165

Occam's Razor

DECEMBER 12, 2016

I was speaking with a massive national insurance company recently. Instead, every company should solve for a global maxima… Yes, make the short-term money, it is necessary , but also do the but not sufficient part as well… The above optimal strategy indicates that the company leadership is forward-thinking. 50% minimum.

Analytics 142

Analytics Data-driven Strategy Consulting 142

Domino Data Lab

FEBRUARY 4, 2019

Spoiler alert: a research field called curiosity-driven learning is emerging at the nexis of experimental cognitive psychology and industry use cases for machine learning, particularly in gaming AI. Ensure a culture that supports a steady process of learning and experimentation. Secondly, because stakeholders.

Data Science 66

Data Science Experimentation Machine Learning Data-driven 66

Occam's Razor

JULY 26, 2010

For example let's say I work at a delightful car / health / spaceship insurance company. Or the Bulletin of Experimental Treatment for AIDS. Maybe Google is really good at Volunteers and not optimal for attracting people who donate. Then, a little bit more. And what to do better. And more such things.

Metrics 96

Metrics Measurement Dashboards Reporting 96

Cloudera

SEPTEMBER 17, 2020

A large oil and gas company was suffering over not being able to offer users an easy and fast way to access the data needed to fuel their experimentation. To address this, they focused on creating an experimentation-oriented culture, enabled thanks to a cloud-native platform supporting the full data lifecycle.

Data Warehouse 81

Data Warehouse Experimentation Dashboards Visualization 81

CIO Business Intelligence

FEBRUARY 7, 2025

Streamline operations: From supply chain optimization to internal alignment to predictive maintenance, AI can help us identify inefficiencies and streamline processes across the organization. Tom Allen , Founder of the AI Journal, asserts the insurance industry is a ripe field for increasing the value of customer interactions.

Insurance 93

Insurance Business Driver Unstructured Data Experimentation 93

CIO Business Intelligence

FEBRUARY 5, 2025

Customer experience optimization, supply chain forecasting, demand prediction, and preventive maintenance tend to yield quick wins, he says. Break the project into manageable, experimental phases to learn and adapt quickly. Perhaps they should start there, says Om Moolchandani, the co-founder, CISO, and CPO at Tuskira.ai.

Cost-Benefit 117

Cost-Benefit ROI Metrics Measurement 117