O'Reilly on Data

MARCH 31, 2020

You’re responsible for the design, the product-market fit, and ultimately for getting the product out the door. The need for an experimental culture implies that machine learning is currently better suited to the consumer space than it is to enterprise companies. AI doesn’t fit that model.

Management 338

Management Machine Learning Experimentation Metrics 338

CIO Business Intelligence

DECEMBER 4, 2024

At AWS re:Invent Tuesday, JPMorgan Chase Global CIO Lori Beer detailed the evolving partnership between the financial services giant and AWS, which finds JPMorgan pushing the AWS SageMaker machine learning platform and AWS Bedrock generative AI platform beyond experimentation into production applications.

Experimentation 122

Experimentation Risk Marketing Enterprise 122

O'Reilly on Data

SEPTEMBER 15, 2020

Technical competence results in reduced risk and uncertainty. AI initiatives may also require significant considerations for governance, compliance, ethics, cost, and risk. Likewise, AI doesn’t inherently optimize supply chains, detect diseases, drive cars, augment human intelligence, or tailor promotions to different market segments.

Advertising 299

Advertising Cost-Benefit ROI Machine Learning 299

CIO Business Intelligence

NOVEMBER 27, 2024

From customer service chatbots to marketing teams analyzing call center data, the majority of enterprises—about 90% according to recent data —have begun exploring AI. While in the experimentation phase, speed is a priority, the implementation phase requires more attention to resiliency, availability, and compatibility with other tools.

Data Architecture 128

Data Architecture Cost-Benefit Machine Learning Experimentation 128

Occam's Razor

NOVEMBER 17, 2008

There is a tendency to think experimentation and testing is optional. Tom has tried this with many many Marketers, and its so true: If you have two different pages you want to test, it takes six and a half minutes for you to configure, test (QA) and launch a A/B test. 4 Big Bets, Low Risks, Happy Customers. That's it!

Testing 113

Testing Experimentation Risk Optimization 113

Dataiku

NOVEMBER 17, 2021

For many years, AI was an experimental risk for companies. Recently, Dataiku spoke with Mike Gualtieri, VP & Principal Analyst at Forrester , in “The Future of AI and ROI for the Enterprise, featuring Forrester” webinar about the current state of the market and what AI success looks like going forward.

ROI 110

ROI Enterprise Experimentation Risk 110

Smart Data Collective

OCTOBER 13, 2021

The market for AI technology is growing remarkably. Businesses spend a lot of time and resources on marketing to stand out from their competition. While marketing remains relevant and essential, AI technology provides endless opportunities that create a massive edge between you and your competitors. Leverage innovation.

Technology 131

Technology Cost-Benefit Experimentation Machine Learning 131

DataRobot Blog

JANUARY 17, 2023

Peek into our conversation to learn when machine learning does—and doesn’t—work well in financial markets use cases. TRACE, Asian bond market reporting, ECNs’ trade history) as well as a clear set of more liquid assets which can be used as predictors (e.g., more liquid credits, bond futures, swaps markets, etc.).

Machine Learning 87

Machine Learning Marketing Experimentation Modeling 87

CIO Business Intelligence

AUGUST 16, 2023

Nearly 15 years ago, the then Vägverket Produktion was incorporated so road maintenance on Sweden’s national road network could be put on the competitive open market. Digital alerts Another project deals with slow-moving vehicles, something that increases the risk of accidents on the roads.

Risk 98

Risk Cost-Benefit Internet of Things Digital Transformation 98

CIO Business Intelligence

OCTOBER 15, 2024

By fostering a culture of collaboration and shared responsibility, companies can accelerate their time to market, improve product quality, and enhance their adaptability to changing market conditions.” Shortchanging end-user and developer experiences Many DevOps practices focus on automation, such as CI/CD and infrastructure as code.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

CIO Business Intelligence

AUGUST 20, 2024

CIOs have a new opportunity to communicate a gen AI vision for using copilots and improve their collaborative cultures to help accelerate AI adoption while avoiding risks. This shift in focus requires teams to understand business strategy, market trends, customer needs, and value propositions. What is a high-performance team today?

IT 141

IT Digital Transformation Experimentation Risk 141

CIO Business Intelligence

NOVEMBER 19, 2024

This stark contrast between experimentation and execution underscores the difficulties in harnessing AI’s transformative power. Intellectual property risks Failing: GenAI can inadvertently use copyrighted material, leading to legal complications. the world’s leading tech media, data, and marketing services company.

Consulting 137

Consulting Cost-Benefit Experimentation Optimization 137

O'Reilly on Data

APRIL 4, 2024

It is a dark pattern, a map to suboptimal outcomes rather than the true path to competition, innovation and the creation of robust companies and markets. To the extent that entrepreneurial funding is more concentrated in the hands of a few, private finance can drive markets independent of consumer preferences and supply dynamics.

Marketing 157

Marketing Finance Modeling Experimentation 157

CIO Business Intelligence

APRIL 12, 2024

Right now most organizations tend to be in the experimental phases of using the technology to supplement employee tasks, but that is likely to change, and quickly, experts say. But that’s just the tip of the iceberg for a future of AI organizational disruptions that remain to be seen, according to the firm.

Experimentation 143

Experimentation Reporting Testing Statistics 143

CIO Business Intelligence

SEPTEMBER 12, 2024

Imagine a highly competitive market where the urgency to innovate is high. The familiar narrative illustrates the double-edged sword of “shadow AI”—technologies used to accomplish AI-powered tasks without corporate approval or oversight, bringing quick wins but potentially exposing organizations to significant risks.

Experimentation 111

Experimentation Risk Cost-Benefit Strategy 111

CIO Business Intelligence

APRIL 29, 2024

As organizations roll out AI applications and AI-enabled smartphones and devices, IT leaders may need to sell the benefits to employees or risk those investments falling short of business expectations. They need to have a culture of experimentation.” CIOs should be “change agents” who “embrace the art of the possible,” he says.

Forecasting 135

Forecasting Experimentation Risk Consulting 135

CIO Business Intelligence

JUNE 24, 2024

But in the short run, we risk building an astonishing, awe-inspiring technology that few use. If we remain solely focused on just building better and better AI capabilities, we risk creating an amazing technology without clear applications, public acceptance, or concrete returns for businesses.

Risk 141

Risk Experimentation Enterprise Technology 141

CIO Business Intelligence

OCTOBER 9, 2022

However, delay too long, and you also risk giving yourself an insurmountable technological handicap if uptake in your industry suddenly accelerates. The benefits of the experimentation and iterative progression Agile enables are never more apparent than when we’re exploring uncertain and dynamic environments. Agile Development

Cost-Benefit 142

Cost-Benefit Manufacturing Experimentation Risk 142

CIO Business Intelligence

APRIL 14, 2023

But just like other emerging technologies, it doesn’t come without significant risks and challenges. According to a recent Salesforce survey of senior IT leaders , 79% of respondents believe the technology has the potential to be a security risk, 73% are concerned it could be biased, and 59% believe its outputs are inaccurate.

Risk 122

Risk Experimentation Marketing Risk Management 122

CIO Business Intelligence

MARCH 7, 2023

But the faster transition often caused underperforming apps, greater security risks, higher costs, and fewer business outcomes, forcing IT to address these issues before starting app modernizations. billion by 2028 , rising at a market growth of 20.3% Apply agile when developing low-code and no-code experiences.

Digital Transformation 145

Digital Transformation Data Governance Experimentation Machine Learning 145

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT.

IT 137

IT Risk Cost-Benefit Risk Management 137

CIO Business Intelligence

JULY 1, 2024

Notable examples of AI safety incidents include: Trading algorithms causing market “flash crashes” ; Facial recognition systems leading to wrongful arrests ; Autonomous vehicle accidents ; AI models providing harmful or misleading information through social media channels.

Reporting 129

Reporting Risk Management Experimentation Risk 129

CIO Business Intelligence

OCTOBER 5, 2023

Sandeep Davé knows the value of experimentation as well as anyone. Davé and his team’s achievements in AI are due in large part to creating opportunities for experimentation — and ensuring those experiments align with CBRE’s business strategy. And those experiments have paid off.

Experimentation 130

Experimentation Strategy Machine Learning Interactive 130

Corinium

APRIL 25, 2019

Most of my days focus on understanding what’s happening in the market, defining overall product strategy and direction, and translating into execution across the various teams. Life insurance needs accurate data on consumer health, age and other metrics of risk. Now, there is a data risk here. Humans can’t keep up.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

CIO Business Intelligence

APRIL 24, 2024

That means using the technology to improve a company’s marketing, sales, customer success, and RevOps: the process of aligning all three operations across the full customer life cycle in a way that drives growth, improves efficiency, and breaks down silos. Revenue leaders embracing AI The interest is there on the business side.

Sales 128

Sales Finance Experimentation Cost-Benefit 128

CIO Business Intelligence

AUGUST 15, 2024

Many of those gen AI projects will fail because of poor data quality, inadequate risk controls, unclear business value , or escalating costs , Gartner predicts. The AI market is experiencing a correction, not a burst,” he says. Gen AI projects can cost millions of dollars to implement and incur huge ongoing costs, Gartner notes.

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

CIO Business Intelligence

JULY 24, 2024

Key strategies for exploration: Experimentation: Conduct small-scale experiments. Adobe’s transition from packaged software to the Creative Cloud service model is an example of a strategic move to exploit new market opportunities and scale for success with recurrent revenue and a broader user base.

Technology 98

Technology Experimentation Cost-Benefit ROI 98

CIO Business Intelligence

OCTOBER 14, 2024

Taylor adds that functional CIOs tend to concentrate on business-as-usual facets of IT such as system and services reliability; cost reduction and improving efficiency; risk management/ensuring the security and reliability of IT systems; and ongoing support of existing technology and tracking daily metrics.

Digital Transformation 131

Digital Transformation Experimentation Cost-Benefit Risk 131

Domino Data Lab

JANUARY 24, 2019

Before we get too far into 2019, I wanted to take a brief moment to reflect on some of the changes we’ve seen in the market. In 2018 we saw the “data science platform” market rapidly crystallize into three distinct product segments. Reflections. The three segments that have crystallized are: Automation tools. Automation Tools.

Data Science 65

Data Science Marketing Data-driven Statistics 65

CIO Business Intelligence

MAY 1, 2024

Pilots can offer value beyond just experimentation, of course. McKinsey reports that industrial design teams using LLM-powered summaries of user research and AI-generated images for ideation and experimentation sometimes see a reduction upward of 70% in product development cycle times.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

O'Reilly on Data

DECEMBER 9, 2019

As the number of experimental trials N approaches infinity, the probability of E equals M/N. Modern portfolio theory assumes that rational, risk-averse investors demand a risk premium, a return in excess of a risk-free asset such as a treasury bill, for investing in risky assets such as equities. on average. on average.

Statistics 27

Statistics Uncertainty Risk Marketing 27

CIO Business Intelligence

AUGUST 30, 2023

To capitalize on the gains offered by digital technologies, CIOs are building technology portfolios by allocating diverse investments based on prospective risk, reward, and value. 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 28, 2023

In addition to bottom-line benefits, employees are often inspired and motivated by innovation – seeking job opportunities that encourage experimentation and embrace new ideas. You want to have a cloud data platform that allows for fast set up and time to market, but it also needs to integrate with modern architecture.

IT 98

IT Experimentation Digital Transformation Marketing 98

CIO Business Intelligence

JULY 7, 2023

As more individuals use browser-based apps to get their work done, IT leaders need to provide seamless access to corporate apps and tools while minimizing security risks. Finding the right use cases for AI while minimizing risk to the business requires collaboration between IT and the workforce. Caution is king, however.

Measurement 122

Measurement Risk Experimentation Enterprise 122

CIO Business Intelligence

SEPTEMBER 12, 2024

When technology professionals fall in love with any particular technology, or way of doing things, they make themselves and their skills vulnerable to the risk of obsolescence. Gray: “IT employees who do not embrace AI will put their jobs at risk. the world’s leading tech media, data, and marketing services company.

Management 115

Management IT Experimentation Technology 115

CIO Business Intelligence

OCTOBER 8, 2024

“They must architect technology strategy across data, security, operations, and infrastructure, teaming with business leaders — speaking their language, not tech jargon — to understand needs, imagine possibilities, identify risks, and coordinate investments.”

IT 140

IT Strategy Experimentation Technology 140

CIO Business Intelligence

OCTOBER 3, 2024

Next-gen mainframe AI The market for mainframes and midrange server systems has been in decline for a decade, according to Gartner research, from more than $10.7 It’s a natural fit and will be interesting to see how these ensemble AI models work and what use cases will go from experimentation to production,” says Dyer.

Machine Learning 140

Machine Learning Experimentation Insurance Modeling 140