CIO Business Intelligence

SEPTEMBER 19, 2023

How can enterprises attain these in the face of uncertainty? Rogers: This is one of two fundamental challenges of corporate innovation — managing innovation under high uncertainty and managing innovation far from the core — that I have studied in my work advising companies and try to tackle in my new book The Digital Transformation Roadmap.

Digital Transformation 130

Digital Transformation Uncertainty Testing Enterprise 130

CIO Business Intelligence

SEPTEMBER 12, 2022

Prioritize time for experimentation. It requires bold bets and a willingness to persevere despite setbacks, criticism, and uncertainty,’’ wrote McKinsey senior partners Laura Furstenthal and Erik Roth in a recent blog post. “By Here, they and others share seven ways to create and nurture a culture of innovation. Elixirr Consulting.

Experimentation 133

Experimentation Consulting Technology Machine Learning 133

CIO Business Intelligence

APRIL 6, 2022

If anything, the past few years have shown us the levels of uncertainty we are facing. This includes closely monitoring emerging trends, foreseeing market threats, and generating business opportunities in every aspect of work. This helps global teams to scale experiments to pilot projects and pilots to large deployments.

Experimentation 104

Experimentation Data Lake Uncertainty Enterprise 104

CIO Business Intelligence

JUNE 28, 2023

These circumstances have induced uncertainty across our entire business value chain,” says Venkat Gopalan, chief digital, data and technology officer, Belcorp. “As To address the challenges, the company has leveraged a combination of computer vision, neural networks, NLP, and fuzzy logic.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

Cloudera

OCTOBER 8, 2020

That’s the message from our Chief Marketing Officer Mick Hollison discussing digital transformation with Charlene Li at Cloudera Now. . A disruptive mindset creates an environment that embraces constant experimentation and change. Stability during Uncertainty . Charlene is a titan in the field.

Digital Transformation 106

Digital Transformation Unstructured Data Experimentation Uncertainty 106

Occam's Razor

APRIL 8, 2013

Experiments come in all shapes and sizes: A marketing campaign. Try to understand your market. Read up on ways that companies are growing their business, from growth hacking to content marketing, and use that as inspiration. They might deal with uncertainty, but they're not random. Do it now; we'll wait.

Metrics 157

Metrics KPI Analytics Key Performance Indicator 157

CIO Business Intelligence

AUGUST 25, 2023

Your journey will be fruitful only to the extent that you can instill in those with whom you go to market a digital fluency and a confidence in your ecosystem. Next, examine the market. Compare and contrast what’s available in the market to your top-ranked use cases and the capabilities you already have.

Strategy 98

Strategy Data Strategy Experimentation Uncertainty 98

CIO Business Intelligence

JANUARY 2, 2024

CIOs are readying for another demanding year, anticipating that artificial intelligence, economic uncertainty, business demands, and expectations for ever-increasing levels of speed will all be in play for 2024. He plans to scale his company’s experimental generative AI initiatives “and evolve into an AI-native enterprise” in 2024.

IT 144

IT Cost-Benefit Statistics Consulting 144

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 141

Risk Manufacturing Enterprise Technology 141

CIO Business Intelligence

JULY 17, 2023

Technology has enabled us to operate in a very cost competitive market, allowing us to do more with fewer people. How do you foster a culture of innovation and experimentation in your team to ensure consistent learning, and achievement of your digital transformation goals? We are working on similar projects for supply chain as well.

IT 98

IT Digital Transformation IoT Internet of Things 98

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

Jet Global

DECEMBER 31, 2019

Among several services my organization provides; we help individuals, enterprises, and public agencies plan, prepare, and manage through the uncertainty, demands, and challenges of the future. Organizations need to become really comfortable with experimentation. What kinds of challenges do they face along the way?

Digital Transformation 59

Digital Transformation Finance Experimentation Data-driven 59

Mark Raskino

AUGUST 30, 2017

He was talking about something we call the ‘compound uncertainty’ that must be navigated when we want to test and introduce a real breakthrough digital business idea. You can connect social groups, economic groups and communities, which would be extraordinarily cumbersome and time-consuming in bigger societies”.

Testing 53

Testing Experimentation Uncertainty Risk 53

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. The AGI would need to handle uncertainty and make decisions with incomplete information.

Cost-Benefit 89

Cost-Benefit Manufacturing Modeling Interactive 89

CIO Business Intelligence

JULY 31, 2023

Carmichael asks, noting that some companies have already lost significant market value as they faced sudden competition from gen AI. There’s a lot of uncertainty. Business disruption Generative AI is a disruptive technology, so CIOs and their C-suite colleagues must consider whether or how their company will fall victim to that force.

Strategy 98

Strategy Risk Enterprise Risk Management 98

DataRobot Blog

OCTOBER 4, 2022

This has prompted AI/ML model owners to retrain their legacy models using data from the post-COVID era, while adapting to continually fluctuating market trends and thinking creatively about forecasting. In the last few years, businesses have experienced disruptions and uncertainty on an unprecedented scale.

Forecasting 59

Forecasting Sales Data-driven Modeling 59

The Unofficial Google Data Science Blog

MAY 31, 2016

A geo experiment is an experiment where the experimental units are defined by geographic regions. Such regions are often referred to as Generalized Market Areas (GMAs) or simply geos. The expected precision of our inferences can be computed by simulating possible experimental outcomes. In the U.S.,

Advertising 43

Advertising Testing Sales Statistics 43

O'Reilly on Data

DECEMBER 9, 2019

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. on average. on average.

Statistics 31

Statistics Uncertainty Risk Marketing 31

The Unofficial Google Data Science Blog

APRIL 16, 2019

by MICHAEL FORTE Large-scale live experimentation is a big part of online product development. This means a small and growing product has to use experimentation differently and very carefully. This blog post is about experimentation in this regime. But these are not usually amenable to A/B experimentation.

Experimentation 69

Experimentation Sales Metrics Measurement 69

The Unofficial Google Data Science Blog

FEBRUARY 29, 2016

Despite a very large number of experimental units, the experiments conducted by LSOS cannot presume statistical significance of all effects they deem practically significant. The result is that experimenters can’t afford to be sloppy about quantifying uncertainty. At Google, we tend to refer to them as slices.

Experimentation 41

Experimentation Statistics Metrics Measurement 41

CIO Business Intelligence

NOVEMBER 4, 2024

Complicating the issue is not only the complex patchwork of AI regulations that are emerging but also changes in business models and the market itself. They see AI as an opportunity to gain market share or reduce operational costs, while maintaining high customer experience quality and operational excellence.”

Uncertainty 137

Uncertainty Cost-Benefit Risk Experimentation 137

CIO Business Intelligence

JANUARY 23, 2025

And while its beyond the scope of this article, the applicable knowledge gained through our hands-on experimentation with genAI was head and shoulders above simple web searches (e.g., He specializes in removing fear, uncertainty, and doubt from strategic decision-making through empirical data and market sensing.

Experimentation 116

Experimentation Uncertainty Data-driven Digital Transformation 116

CIO Business Intelligence

APRIL 16, 2025

Innovator/experimenter: enterprise architects look for new innovative opportunities to bring into the business and know how to frame and execute experiments to maximize the learnings. compromising quality, structure, integrity, goals).

Enterprise 59

Enterprise Strategy Risk Business Objectives 59

O'Reilly on Data

APRIL 15, 2025

market analysis no matches investor Need comps for 123 Oak St. For a real estate AI assistant, this might mean creating synthetic property listings with realistic attributesprices that match market ranges, valid addresses with real street names, and amenities appropriate for each property type.

Experimentation 244

Experimentation Testing Metrics Measurement 244