O'Reilly on Data

MARCH 25, 2025

ML apps needed to be developed through cycles of experimentation (as were no longer able to reason about how theyll behave based on software specs). The skillset and the background of people building the applications were realigned: People who were at home with data and experimentation got involved!

Testing 168

Testing Data-driven Software Measurement 168

O'Reilly on Data

MARCH 31, 2020

If you’re already a software product manager (PM), you have a head start on becoming a PM for artificial intelligence (AI) or machine learning (ML). You already know the game and how it is played: you’re the coordinator who ties everything together, from the developers and designers to the executives. Why AI software development is different.

Management 363

Management Machine Learning Experimentation Metrics 363

CIO Business Intelligence

JULY 5, 2024

This is why many enterprises are seeing a lot of energy and excitement around use cases, yet are still struggling to realize ROI. So, to maximize the ROI of gen AI efforts and investments, it’s important to move from ad-hoc experimentation to a more purposeful strategy and systematic approach to implementation.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

CIO Business Intelligence

JUNE 16, 2022

IT funding might be on the rise, but the ROI for the business from technology investments isn’t as high as it should be. Analysts and data scientists need flexibility when working with data; experimentation fuels the development of analytics and machine learning models. Complexity is the enemy of innovation.

IT 135

IT Experimentation IoT Data-driven 135

Corinium

JUNE 6, 2019

It is also important to have a strong test and learn culture to encourage rapid experimentation. What do you recommend to organizations to harness this but also show a solid ROI? For instance, for a variety of reasons, in the short term, CDAOS are challenged with quantifying the benefits of analytics’ investments. It is fast and slow.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

CIO Business Intelligence

JANUARY 2, 2024

He plans to scale his company’s experimental generative AI initiatives “and evolve into an AI-native enterprise” in 2024. Build better business alignment Multiple CIOs plan to strengthen their ties to other functional areas in ’24, building on the work they’ve done in recent years to create even more synergy. We’re piloting, PoC-ing.

IT 144

IT Cost-Benefit Statistics Consulting 144

CIO Business Intelligence

MAY 23, 2022

The cloud is great for experimentation when data sets are smaller and model complexity is light. Often the burden of platform development can fall on data science and developer teams who know what they need for their projects, but whose skills are better served focusing on experimentation with algorithms instead of systems development.

Experimentation 137

Experimentation Cost-Benefit Data Lake Data Science 137

CIO Business Intelligence

DECEMBER 11, 2024

Research from IDC predicts that we will move from the experimentation phase, the GenAI scramble that we saw in 2023 and 2024, and mature into the adoption phase in 2025/26 before moving into AI-fuelled businesses in 2027 and beyond. These ROI expectations exist despite many surveyed organisations not having a clear AI strategy.

ROI 59

ROI Experimentation Insurance Strategy 59

CIO Business Intelligence

AUGUST 15, 2024

Determining the ROI for “ubiquitous” gen AI uses, such as virtual assistants or intelligent chatbots , can be difficult, says Frances Karamouzis, an analyst in the Gartner AI, hyper-automation, and intelligent automation group. CIOs need to be able to articulate the business value and expected ROI of each project.

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

Domino Data Lab

MAY 15, 2019

Pete indicates, in both his November 2018 and Strata London talks, that ML requires a more experimental approach than traditional software engineering. It is more experimental because it is “an approach that involves learning from data instead of programmatically following a set of human rules.”

Machine Learning 111

Machine Learning Management Experimentation Uncertainty 111

CIO Business Intelligence

FEBRUARY 22, 2024

With the aim to accelerate innovation and transform its digital infrastructures and services, Ferrovial created its Digital Hub to serve as a meeting point where research and experimentation with digital strategies could, for example, provide new sources of income and improve company operations.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

CIO Business Intelligence

JANUARY 25, 2024

For enterprise executives in 2024, that means right-sizing those expectations and getting to work: justifying the right use cases, forming teams, and tracking progress and ROI. After a year of frenzied experimentation and investment, executives will have to identify truly valid use cases (and ROI) for AI in 2024.

ROI 105

ROI Experimentation Sales Finance 105

CIO Business Intelligence

SEPTEMBER 9, 2024

Even Goldman Sachs, previously bullish on the AI story, has raised concerns over whether there’ll be positive ROI for many of the investments being made in the technology. Even internet pioneer and ethernet standard co-inventor Robert Metcalfe was doubtful of the internet’s viability when he predicted it had a 12-month future in 1995.

Cost-Benefit 131

Cost-Benefit Experimentation Digital Transformation ROI 131

CIO Business Intelligence

AUGUST 30, 2023

Corporate projects are classically evaluated on standard matrices such as return on investment (ROI), break-even period, and capital invested. Such a risk-based capital approach is important as it provides a new experimental push to the organization that may propel it into a new orbit,” says Rabra.

Digital Transformation 105

Digital Transformation Experimentation ROI Risk 105

CIO Business Intelligence

JULY 24, 2024

Key strategies for exploration: Experimentation: Conduct small-scale experiments. Data-driven decisions: Leverage data and analytics to assess new technologies’ potential impact and ROI. Take a scientific approach with explicit hypotheses and rigorous analysis to validate potential solutions.

Technology 98

Technology Experimentation Cost-Benefit Digital Transformation 98

CIO Business Intelligence

JULY 17, 2023

Selling sweet treats to millions of Indians since 1944, India’s beloved ice-cream brand, Havmor (now part of Korean conglomerate LOTTE), has grown beyond its humble beginnings to stupefying heights. Sweet delicacies are a kid’s delight, but managing a business this big is no child’s play. When did you career begin?

IT 98

IT Digital Transformation IoT Internet of Things 98

CIO Business Intelligence

AUGUST 14, 2024

Between building gen AI features into almost every enterprise tool it offers, adding the most popular gen AI developer tool to GitHub — GitHub Copilot is already bigger than GitHub when Microsoft bought it — and running the cloud powering OpenAI, Microsoft has taken a commanding lead in enterprise gen AI.

Enterprise 136

Enterprise Cost-Benefit Experimentation Modeling 136

Occam's Razor

AUGUST 22, 2011

Customer Lifetime Value ROI, Buzz Monitoring, Click Fraud. PPC / SEM Analytics: 5 Actionable Tips To Improve ROI. Google Analytics Maximized: Deeper Analysis, Higher ROI & You. Build A Great Web Experimentation & Testing Program. Experimentation and Testing: A Primer. 5 : Conversion / ROI Attribution. #4

KPI 125

KPI Metrics Measurement ROI 125

CIO Business Intelligence

MAY 1, 2024

Ready to roll It’s shorter to make a list of organizations that haven’t announced their gen AI investments, pilots, and plans, but relatively few are talking about the specifics of any productivity gains or ROI. Pilots can offer value beyond just experimentation, of course.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

CIO Business Intelligence

FEBRUARY 16, 2024

For most organizations, a shift to the cloud brings scalability, access to innovative tools, and the possibility of cost savings. For payroll services company ADP, it has paved the way to becoming a SaaS provider capable of taking on big names in enterprise software. An early partner of Amazon, the Roseburg, N.J.-based

Digital Transformation 116

Digital Transformation Experimentation Cost-Benefit Machine Learning 116

CIO Business Intelligence

JULY 10, 2024

Experimente con propósito Con la IA generativa en el punto álgido de su ciclo de hype , es probable que se esté experimentando mucho sin centrarse de forma coherente en el objetivo final. Una clave para ello es proporcionar un argumento empresarial de apoyo para el uso de la tecnología y cómo calcular el retorno de la inversión (ROI).

ROI 116

ROI Experimentation Strategy IT 116

Smart Data Collective

JUNE 29, 2022

In fact, a recent study by the Direct Marketing Association showed that email marketing produces an average return on investment (ROI) of $44 for every dollar spent. Email is one of the oldest and most reliable digital marketing tools around for good reason—it works. Always Provide Value. It should always be worth the reader’s time.

B2B 124

B2B Data-driven Marketing Strategy 124

datapine

FEBRUARY 4, 2020

Let’s face it: every serious business that wants to generate leads and revenue needs to have a marketing strategy that will help them in their quest for profit. Ultimately, it will provide a clear insight into relevant KPIs and build a solid foundation for increasing conversions. How do you know that? Or drastically change for another path?

Reporting 280

Reporting Marketing Advertising Metrics 280

IBM Big Data Hub

MARCH 4, 2024

By becoming an AI+ enterprise, clients can realize the ROI not only for the AI use case but also for improving the related business and technical capabilities required to deliver AI use cases into production at scale. times higher ROI. times higher ROI. Often, this decision is made too quickly. Should you build your own?

Enterprise 96

Enterprise ROI Risk Strategy 96

Occam's Razor

MARCH 23, 2010

There are more mistruths and F U D about Web analytics out there than I think is reasonable. Part of it fueled by Vendors. What a competitive bunch! Part of it fueled by some Consultants. I suppose the rational is: self preservation before all else. This is sad. Even a little frustrating. It has simply not had a break to catch a breath and mature.

Analytics 119

Analytics Consulting Metrics Experimentation 119

DataKitchen

MARCH 8, 2023

This requires a culture of innovation, experimentation, and willingness to take risks and try new approaches. Your customers rely on the insights provided by the team to make critical business decisions, and any mistake can have significant consequences. BI tools like Tableau, PowerBI, etc.). It’s not because they trust the newbies.

Analytics 130

Analytics Manufacturing Data-driven Data Analytics 130

CIO Business Intelligence

APRIL 18, 2022

In terms of financial investment, half of the survey respondents indicated that their organizations invest between 1% and 5% of annual revenue on transformation programs. But there are lesser-known, less obvious attributes of a successful digital program. CIOs and other IT leaders share seven secrets of how to get digital transformation right.

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

CIO Business Intelligence

APRIL 6, 2022

While enterprises invest in innovation, key challenges such as successful sustenance, ROI realization, scaling and accelerating still remain. . They are nurturing agile and elite ecosystems in an effort to outpace the competition and deliver tangible returns on the innovation investments. . Accelerate Innovation.

Experimentation 103

Experimentation Uncertainty Data Lake Enterprise 103

Corinium

APRIL 25, 2019

What do you recommend to organisations to help them overcome these? Yes, definitely! The last 10+ years or so have seen Insurance become as data-driven as any vertical industry. Life insurance needs accurate data on consumer health, age and other metrics of risk. You want to enable generating value with data, but also do it safely.

Insurance 150

Insurance Risk IoT Data-driven 150

CIO Business Intelligence

DECEMBER 29, 2023

Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. In a world underpinned by change, it remains constant that digital transformation must be a core organizational competency,” she says. Falling behind in the AI adoption race can pose significant challenges for organizations.”

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

IBM Big Data Hub

OCTOBER 4, 2022

It is well known that Artificial Intelligence (AI) has progressed, moving past the era of experimentation. Today, AI presents an enormous opportunity to turn data into insights and actions, to amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. It is an imperative.

Metadata 97

Metadata Risk Management Risk Experimentation 97

FineReport

DECEMBER 11, 2019

You’ll learn about the concept of big data and how to use big data—from computing ROI and big data strategies that drive business cases to the overall development and specific projects. In the past few years, the term “data science” has been widely used, and people seem to see it in every field. New York Times. By Michael Milton.

Big Data 98

Big Data Statistics Experimentation Data Strategy 98

CIO Business Intelligence

JUNE 28, 2023

As Belcorp considered the difficulties it faced, the R&D division noted it could significantly expedite time-to-market and increase productivity in its product development process if it could shorten the timeframes of the experimental and testing phases in the R&D labs. Belcorp operates under a direct sales model in 14 countries.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

Occam's Razor

OCTOBER 19, 2010

What is the first thing you want when you think about web analytics? Of course tools. What to do, where to start, what's cool. I was reflecting on that recently and thought it was incredible that in all my years of writing this blog I have never written a blog post, not one single one (!!), recommending tools for the complete web analytics 2.0

Analytics 136

Analytics Testing Measurement Optimization 136

CIO Business Intelligence

AUGUST 5, 2024

Incorporar a los equipos de software demasiado pronto en la fase experimental es poco práctico, y llevar las ideas demasiado lejos sin la aportación del equipo receptor puede ser ineficaz”, afirma Priori.

Experimentation 119

Experimentation Software ROI Visualization 119

Occam's Razor

AUGUST 13, 2012

Bjoern Sjut3: My main issue at the moment: How will multi-channel funnels and ROI calculations work in a multi device world? If your wish in the second part is to track effectiveness of advertising ( how to determine ROI ) then please see this post: Measuring Incrementality: Controlled Experiments to the Rescue! That is the solution.

Modeling 125

Modeling Metrics Data Quality Data-driven 125

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. Yet, this challenge is not insurmountable. for what is and isn’t possible) to address these challenges.

Management 110

Management Machine Learning Experimentation Metrics 110