Smart Data Collective

DECEMBER 30, 2020

One of the most important applications of big data technology lies with inventory management and optimization. Understanding the Best Data-Driven Inventory Optimization Applications for the Coming Year. This is the best inventory optimization software for 2021, according to the latest research updated in December 2020 by Business.org.

Data-driven 98

Data-driven Software Optimization Big Data 98

AWS Big Data

JUNE 11, 2024

Zstandard codec The Zstandard codec was introduced in OpenSearch as an experimental feature in version 2.7 , and it provides Zstandard-based compression and decompression APIs. release , the Zstandard codec has been promoted from experimental to mainline, making it suitable for production use cases. as experimental feature.

Optimization 90

Optimization Experimentation Cost-Benefit Software 90

KDnuggets

DECEMBER 30, 2019

For those of you in a hurry and interested in ultralearning (which should be all of you), this recap reviews the approach and summarizes its key elements -- focus, optimization, and deep understanding with experimentation -- geared toward learning Data Science.

Data Science 105

Data Science Experimentation Optimization IT 105

Cloudera

SEPTEMBER 18, 2024

Unique Data Integration and Experimentation Capabilities: Enable users to bridge the gap between choosing from and experimenting with several data sources and testing multiple AI foundational models, enabling quicker iterations and more effective testing.

Data-driven 94

Data-driven Optimization Experimentation Testing 94

CIO Business Intelligence

MAY 23, 2022

The cloud is great for experimentation when data sets are smaller and model complexity is light. However, this repatriation can mean more headaches for data science and IT teams to design, deploy and manage infrastructure optimized for AI as the workloads return on premises.

Experimentation 137

Experimentation Cost-Benefit Data Lake Data Science 137

O'Reilly on Data

MARCH 31, 2020

Because it’s so different from traditional software development, where the risks are more or less well-known and predictable, AI rewards people and companies that are willing to take intelligent risks, and that have (or can develop) an experimental culture.

Management 336

Management Machine Learning Experimentation Metrics 336

Smart Data Collective

JULY 9, 2023

One benefit is that they can help with conversion rate optimization. Collecting Relevant Data for Conversion Rate Optimization Here is some vital data that e-commerce businesses need to collect to improve their conversion rates. Experimentation is the key to finding the highest-yielding version of your website elements.

Optimization 79

Optimization Data Analytics Analytics Data-driven 79

O'Reilly on Data

SEPTEMBER 15, 2020

Likewise, AI doesn’t inherently optimize supply chains, detect diseases, drive cars, augment human intelligence, or tailor promotions to different market segments. Results are typically achieved through a scientific process of discovery, exploration, and experimentation, and these processes are not always predictable.

Advertising 297

Advertising Cost-Benefit ROI Machine Learning 297

datapine

MAY 20, 2020

With a powerful dashboard maker , each point of your customer relations can be optimized to maximize your performance while bringing various additional benefits to the picture. Whether you’re looking at consumer management dashboards and reports, every CRM dashboard template you use should be optimal in terms of design.

Dashboards 265

Dashboards Reporting KPI Visualization 265

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

Occam's Razor

NOVEMBER 17, 2008

There is a tendency to think experimentation and testing is optional. You can start for free with a superb tool: Google's Website Optimizer. So as my tiny gift for you here are five experimentation and testing ideas for you. 3 Optimize the Number of Ads & Layout of Ads. And I meant every word of it.

Testing 113

Testing Experimentation Risk Optimization 113

DataKitchen

APRIL 13, 2021

Observe, optimize, and scale enterprise data pipelines. . DataMo – Datmo tools help you seamlessly deploy and manage models in a scalable, reliable, and cost-optimized way. Varada – Self-optimizing cloud data virtualization platform. . Monte Carlo Data — Data reliability delivered. Data breaks. Other Vendors Talking DataOps.

Testing 312

Testing Machine Learning Consulting Data Quality 312

DataRobot Blog

DECEMBER 6, 2022

Other organizations are just discovering how to apply AI to accelerate experimentation time frames and find the best models to produce results. After DataRobot has determined an optimal model, Continuous AI helps ensure that the currently deployed model will always be the best one, even as the world changes around it. Read the blog.

Experimentation 145

Experimentation Forecasting Data-driven Machine Learning 145

CIO Business Intelligence

MAY 9, 2024

Experimentation drives momentum: How do we maximize the value of a given technology? Via experimentation. This can be as simple as a Google Sheet or sharing examples at weekly all-hands meetings Many enterprises do “blameless postmortems” to encourage experimentation without fear of making mistakes and reprisal.

Enterprise 122

Enterprise Experimentation Sales Manufacturing 122

Cloudera

MARCH 2, 2022

You can read previous blog posts on Impala’s performance and querying techniques here – “ New Multithreading Model for Apache Impala ”, “ Keeping Small Queries Fast – Short query optimizations in Apache Impala ” and “ Faster Performance for Selective Queries ”. . Analytical SQL workloads use aggregates and joins heavily.

Data Warehouse 92

Data Warehouse Optimization Analytics Sales 92

Occam's Razor

AUGUST 12, 2013

The outcome in either scenario is a restructuring of the organization that is exquisitely geared towards taking advantage of portfolio optimization. You should not treat your marketing optimization program with the same level of outcome optimization that is applied to five-year-olds. From a Venn -diagram. Who would have thunk?].

Modeling 162

Modeling Optimization Marketing Interactive 162

CIO Business Intelligence

DECEMBER 10, 2024

To integrate AI into enterprise workflows, we must first do the foundation work to get our clients data estate optimized, structured, and migrated to the cloud. Once the data foundation is in place, it is important to then select and embed the best combination of AI models into the workflow to optimize for cost, latency, and accuracy.

Modeling 115

Modeling Insurance Unstructured Data Experimentation 115

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

DataRobot Blog

JANUARY 10, 2023

Data science teams of all sizes need a productive, collaborative method for rapid AI experimentation. By predicting which patients are at risk of readmission before they are discharged, doctors can follow appropriate medical procedures to prevent readmission, optimize costs, and enhance the quality of treatment. Auto-scale compute.

Experimentation 52

Experimentation Machine Learning Data Science Modeling 52

CIO Business Intelligence

JULY 18, 2024

The early bills for generative AI experimentation are coming in, and many CIOs are finding them more hefty than they’d like — some with only themselves to blame. By understanding their options and leveraging GPU-as-a-service, CIOs can optimize genAI hardware costs and maintain processing power for innovation.”

Cost-Benefit 136

Cost-Benefit Experimentation Consulting Modeling 136

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

NOVEMBER 19, 2024

This stark contrast between experimentation and execution underscores the difficulties in harnessing AI’s transformative power. Solution: Optimize models for efficiency, leveraging cloud-based solutions. Of those, just three are considered successful. Key takeaway: Cost management strategies are crucial for sustainable AI deployment.

Consulting 137

Consulting Cost-Benefit Experimentation Optimization 137

CIO Business Intelligence

OCTOBER 5, 2023

Sandeep Davé knows the value of experimentation as well as anyone. CBRE has also used AI to optimize portfolios for several clients, and recently launched a self-service generative AI product that enables employees to interact with CBRE and external data in a conversational manner. And those experiments have paid off.

Experimentation 130

Experimentation Strategy Machine Learning Interactive 130

Decision Management Solutions

MARCH 26, 2020

We’ve been blogging recently on Decision Optimization. The Customer Journey to Decision Optimization. Those trying to improve and optimize their decisions report various challenges. Experimentation at the beginning of your journey is essential to make sure you understand where you are starting.

Experimentation 72

Experimentation Recreation/Entertainment Optimization Testing 72

CIO Business Intelligence

JANUARY 19, 2024

The certification consists of several exams that cover topics such as machine learning, natural language processing, computer vision, and model forecasting and optimization. You should also have experience with pattern detection, experimentation in business optimization techniques, and time-series forecasting.

Data Science 126

Data Science Machine Learning Predictive Modeling Experimentation 126

CIO Business Intelligence

AUGUST 20, 2024

They must define target outcomes, experiment with many solutions, capture feedback, and seek optimal paths to delivering multiple objectives while minimizing risks. This shift in focus requires teams to understand business strategy, market trends, customer needs, and value propositions.

IT 141

IT Digital Transformation Experimentation Risk 141

CIO Business Intelligence

JUNE 15, 2023

BCG asked 12,898 frontline employees, managers, and leaders in large organizations around the world how they felt about AI: 61% listed curiosity as one of their two strongest feelings, 52% listed optimism, 30% concern, and 26% confidence. Despite BCG’s findings of optimism in the workforce, there’s a darker side.

Management 116

Management Experimentation Optimization Enterprise 116

CIO Business Intelligence

NOVEMBER 27, 2024

While in the experimentation phase, speed is a priority, the implementation phase requires more attention to resiliency, availability, and compatibility with other tools. As a result, ​developers — regardless of their expertise in machine learning — will be able to develop and optimize business-ready large language models (LLMs).

Data Architecture 128

Data Architecture Cost-Benefit Machine Learning Experimentation 128

DataRobot

MARCH 10, 2021

Set the goal to be achieved or optimized. The experimenters simulated experiences in online travel and online dating, varying the time people waited for a search result. The experimenters also varied whether the participants were shown the hidden work that the website was doing while they were waiting for results.

Experimentation 145

Experimentation Machine Learning Key Performance Indicator Reporting 145

CIO Business Intelligence

OCTOBER 24, 2024

By 2026, hyperscalers will have spent more on AI-optimized servers than they will have spent on any other server until then, Lovelock predicts. Forrester also recently predicted that 2025 would see a shift in AI strategies , away from experimentation and toward near-term bottom-line gains. Next year, that spending is not going away.

IT 133

IT Data-driven Recreation/Entertainment Experimentation 133

DataRobot Blog

MARCH 8, 2023

DataRobot improves collaboration among AI teams so that they can discover and prove the value of models in business use cases through experimentation and then get models into production faster to improve how they run, grow, and optimize their business.

Enterprise 105

Enterprise Experimentation Machine Learning Data Science 105

CIO Business Intelligence

JANUARY 25, 2024

After a year of frenzied experimentation and investment, executives will have to identify truly valid use cases (and ROI) for AI in 2024. Here are three strategies designed to help CIOs and others maximize their return not just on AI, but all essential tech.

ROI 105

ROI Experimentation Sales Finance 105

CIO Business Intelligence

MAY 21, 2024

Along with code-generating copilots and text-to-image generators, which leverage a combination of LLMs and diffusion processing, LLMs are at the core of most generative AI experimentation in business today. We’re looking to [help our customers] schedule people optimally with the right skill at the right time,” he says.

IT 131

IT Cost-Benefit Experimentation Forecasting 131

CIO Business Intelligence

JULY 24, 2024

This dynamic framework offers CIOs a powerful tool to continually optimize their technology portfolios, ensuring their organizations remain agile, efficient, and future-ready. Key strategies for exploration: Experimentation: Conduct small-scale experiments. Use agile methodologies to implement updates and optimizations quickly.

Technology 98

Technology Experimentation Cost-Benefit ROI 98

CIO Business Intelligence

MAY 12, 2022

Most tools offer visual programming interfaces that enable users to drag and drop various icons optimized for data analysis. A free plan allows experimentation. TIBCO Streaming , for instance, is optimized for creating real-time decisions from a time series of events. Anyone who works in manufacturing knows SAP software.

Predictive Analytics 137

Predictive Analytics Analytics Statistics Machine Learning 137

CIO Business Intelligence

MARCH 12, 2024

Early use cases include code generation and documentation, test case generation and test automation, as well as code optimization and refactoring, among others. Junior developers are reporting the biggest productivity boosts, but this remains an area of active research and experimentation,” Tandon says.

Software 131

Software Experimentation Testing Cost-Benefit 131

CIO Business Intelligence

OCTOBER 1, 2022

The digital transformation of P&G’s manufacturing platform will enable the company to check product quality in real-time directly on the production line, maximize the resiliency of equipment while avoiding waste, and optimize the use of energy and water in manufacturing plants. Data and AI as digital fundamentals.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145