O'Reilly on Data

JULY 15, 2019

In recent posts, we described requisite foundational technologies needed to sustain machine learning practices within organizations, and specialized tools for model development, model governance, and model operations/testing/monitoring. Sources of model risk. Model risk management. Image by Ben Lorica.

Machine Learning 52

Machine Learning Management Enterprise Risk Management 52

CIO Business Intelligence

APRIL 8, 2025

These strategies, such as investing in AI-powered cleansing tools and adopting federated governance models, not only address the current data quality challenges but also pave the way for improved decision-making, operational efficiency and customer satisfaction. When customer records are duplicated or incomplete, personalization fails.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

O'Reilly on Data

MAY 14, 2020

Experimentation: It’s just not possible to create a product by building, evaluating, and deploying a single model. In reality, many candidate models (frequently hundreds or even thousands) are created during the development process. Modelling: The model is often misconstrued as the most important component of an AI product.

Management 364

Management Experimentation B2B Machine Learning 364

CIO Business Intelligence

NOVEMBER 21, 2024

Hidden costs and price hikes Deploying AI takes a different approach than other technologies, adds Sumit Johar, CIO at finance software vendor BlackLine. The real issue is that cost of operationalizing gen AI isn’t always understood until you try to deploy it successfully,” he says. The cost “just compounds exponentially,” he adds. “It

Management 124

Management Interactive ROI Software 124

CIO Business Intelligence

JANUARY 21, 2025

Excessive infrastructure costs: About 21% of IT executives point to the high cost of training models or running GenAI apps as a major concern. These concerns emphasize the need to carefully balance the costs of GenAI against its potential benefits, a challenge closely tied to measuring ROI. million in 2025 to $7.45

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

CIO Business Intelligence

NOVEMBER 4, 2024

Much like finance, HR, and sales functions, organizations aim to streamline cloud operations to address resource limitations and standardize services. AI models rely on vast datasets across various locations, demanding AI-ready infrastructure that’s easy to implement across core and edge.

Finance 89

Finance Sales Reporting Optimization 89

O'Reilly on Data

APRIL 22, 2020

Three months ago, Apple released a new credit card in partnership with Goldman Sachs that aimed to disrupt the highly regulated world of consumer finance. Apple is a great producer of computer hardware, while Goldman knows finance and its complex rules backwards and forwards. Ethics is much more slippery.

Cost-Benefit 325

Cost-Benefit Finance Data-driven Strategy 325

Jet Global

MAY 15, 2020

A financial Key Performance Indicator (KPI) or metric is a quantifiable measure that a company uses to gauge its financial performance over time. The Fundamental Finance KPIs and Metrics – Cash Flow. Without enough cash on hand to support a short-term negative cash flow, external financing may be required. Current Ratio.

Metrics 98

Metrics Finance Reporting KPI 98

Jet Global

AUGUST 6, 2020

The capabilities of these innovative solutions unlock efficiencies and performance power to help finance departments deliver more value to their organizations. In general, finance departments should seek out solutions that offer dynamic modeling capabilities, and financial applications that cover the core principles of FP&A: Revenue.

Finance 90

Finance Software Strategy Enterprise 90

CIO Business Intelligence

MARCH 6, 2024

What has IT’s role been in the transformation to a SaaS model? We built that end-to-end data model and process from scratch while we ran the old business. We knew we had a unique opportunity to build a new end-to-end architecture with a common AI-powered data model. Today, we’re a $1.6 Today, we’re a $1.6

Modeling 116

Modeling Management IT Metrics 116

CIO Business Intelligence

SEPTEMBER 2, 2022

But financial services companies need skilled IT professionals to help manage the integration of new and emerging technology, while modernizing legacy finance tech. As demand for tech skills grows in the finance industry, certain IT jobs are becoming more sought-after than others. Back-end software engineer. Data engineer.

Finance 98

Finance IT Software Reporting 98

CIO Business Intelligence

AUGUST 31, 2022

But financial services companies need skilled IT professionals to help manage the integration of new and emerging technology, while modernizing legacy finance tech. As demand for tech skills grows in the finance industry, certain IT jobs are becoming more sought-after than others. Back-end software engineer. Data engineer.

Finance 98

Finance IT Software Reporting 98

CIO Business Intelligence

NOVEMBER 13, 2024

One is going through the big areas where we have operational services and look at every process to be optimized using artificial intelligence and large language models. But a substantial 23% of respondents say the AI has underperformed expectations as models can prove to be unreliable and projects fail to scale.

IT 141

IT Consulting ROI Cost-Benefit 141

CIO Business Intelligence

OCTOBER 10, 2022

Bass further expanded the concept to include ways for measuring the success of transformational leadership. This model encourages leaders to demonstrate authentic, strong leadership with the idea that employees will be inspired to follow suit. Transformational leadership model. This leadership model doesn’t try to innovate.

Modeling 145

Modeling Digital Transformation Software Manufacturing 145

erwin

MARCH 24, 2020

Technical teams charged with maintaining and executing these processes require detailed tasks, and business process modeling is integral to their documentation. erwin’s Evolve software is integral to modeling process flow requirements, but what about the technology side of the equation?

Modeling 97

Modeling Data Processing Software Finance 97

CIO Business Intelligence

MARCH 25, 2024

Modern digital organisations tend to use an agile approach to delivery, with cross-functional teams, product-based operating models , and persistent funding. But to deliver transformative initiatives, CIOs need to embrace the agile, product-based approach, and that means convincing the CFO to switch to a persistent funding model.

Modeling 124

Modeling Cost-Benefit IT ROI 124

CIO Business Intelligence

MARCH 25, 2022

The current European Banking Authority Guidelines (EBAG), a predecessor to DORA, already gives finance regulators some of this oversight in the form of guidance. It is an effort to address certain challenges but also a way to export a governance model. DORA takes things further with additional components that EBAG does not have.

Finance 98

Finance KPI Risk IoT 98

Jedox

MAY 17, 2022

Predictive analytics is a discipline that’s been around in some form since the dawn of measurement. Predictive Analytics Example in Finance. The first three techniques have the same thing in common: they take existing data and attempt to use it to build future-facing models. Table of Contents. What is Predictive Analytics?

Predictive Analytics 83

Predictive Analytics Finance Analytics Forecasting 83

CIO Business Intelligence

FEBRUARY 20, 2025

Its since evolved to become a widespread methodology adopted by corporations to bolster internal business processes in industries such as technology, healthcare, and finance. The framework originated in manufacturing, where it was developed to improve quality control and reduce variance in the manufacturing process.

Manufacturing 94

Manufacturing Testing Finance Modeling 94

datapine

OCTOBER 7, 2020

What gets measured gets done.” – Peter Drucker. By setting operational performance measures, you will know what is happening at every stage of your business. Every business needs to focus on finances, and by doing so, you will have the opportunity to keep your cash flow steady and sustainable. Who will measure it?

KPI 269

KPI Metrics Sales Visualization 269

Cloudera

OCTOBER 20, 2021

The EU has defined a sustainable finance framework to provide guidance and oversight in the goal of becoming the first climate-neutral continent. What are the key climate risk measurements and impacts? When it comes to measuring climate risk, generating scenarios will be a critical tactic for financial institutions and asset managers.

Risk 80

Risk Modeling Risk Management Measurement 80

Cloudera

JUNE 12, 2024

Traditional machine learning (ML) models enhance risk management, credit scoring, anti-money laundering efforts and process automation. Some of the biggest and well-known financial institutions are already realizing value from AI and GenAI: JPMorgan Chase uses AI for personalized virtual assistants and ML models for risk management.

Finance 77

Finance Risk Management Risk Data-driven 77

Smart Data Collective

MAY 26, 2022

This means that cities need to measure the air quality at many different locations instead of just a few. For years, the only way to measure air quality was to take samples of the air and send them to a laboratory for analysis. In recent years, sensors that can measure air quality in real-time have been developed.

Technology 142

Technology Cost-Benefit ROI Measurement 142

IBM Big Data Hub

SEPTEMBER 7, 2023

Today we are announcing our latest addition: a new family of IBM-built foundation models which will be available in watsonx.ai , our studio for generative AI, foundation models and machine learning. Collectively named “Granite,” these multi-size foundation models apply generative AI to both language and code.

Modeling 101

Modeling Risk Unstructured Data Enterprise 101

O'Reilly on Data

OCTOBER 11, 2022

Data integration problems aren’t pretty; they’re boring, uninteresting, the “killing field of any modeling project,” as Lorien Pratt has said. How can you use it to analyze your current situation, and measure the results of any actions you take? If you take some action, what changes? Most actions have multiple effects.

Data Integration 351

Data Integration Insurance Dashboards Data-driven 351

CIO Business Intelligence

MARCH 19, 2025

Developers, data architects and data engineers can initiate change at the grassroots level from integrating sustainability metrics into data models to ensuring ESG data integrity and fostering collaboration with sustainability teams. However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive.

IT 59

IT Data Governance Data-driven Metrics 59

datapine

SEPTEMBER 29, 2022

5) How Do You Measure Data Quality? In this article, we will detail everything which is at stake when we talk about DQM: why it is essential, how to measure data quality, the pillars of good quality management, and some data quality control techniques. These needs are then quantified into data models for acquisition and delivery.

Data Quality 241

Data Quality Metrics Data-driven Management 241

David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

The difference is in using advanced modeling and data management to make faster scenario planning possible, driven by actionable key performance measures that enable faster, well-informed decision cycles. Finance people think in terms of money, but line-of-business managers almost always think in terms of things.

Forecasting 130

Forecasting Machine Learning Finance Predictive Analytics 130

Smart Data Collective

JANUARY 12, 2022

Data analytics has arguably become the biggest gamechanger in the field of finance. Personal finance mistakes and issues often happen to businesses and business owners. Good finance habits set entrepreneurs up for success by letting them focus on the growth of their companies. billion in the next two years. Fraud risks.

Data Analytics 131

Data Analytics Analytics Finance Data mining 131

CIO Business Intelligence

DECEMBER 4, 2024

Carlo emphasizes that the digital factory is the heart of this transformation, executing practical use cases that deliver measurable results. Each wave involves multiple business areas, from supply chain and marketing to operations, HR, and finance,” Carlo says.

Digital Transformation 64

Digital Transformation Strategy Data-driven Finance 64

datapine

JANUARY 24, 2021

Additionally, incorporating a decision support system software can save a lot of company’s time – combining information from raw data, documents, personal knowledge, and business models will provide a solid foundation for solving business problems. There are basically 4 types of scales: *Statistics Level Measurement Table*.

IT 317

IT Statistics KPI Data-driven 317

IBM Big Data Hub

JUNE 23, 2023

While you may have learned about generative artificial intelligence (AI), you may not know what it means for the future of Finance and Accounting (F&A). As you encounter new generative AI solutions and unique AI foundation models for F&A, you may find yourself overwhelmed by all the options.

Finance 58

Finance Reporting Cost-Benefit Modeling 58

Jet Global

JUNE 11, 2020

Utilities are changing at an accelerated rate not only with shifts in the types of energy use, but also shifts in requirements from regulatory agencies and approaches to energy distribution models. The Changing Role of Finance. Taking Control with Finance-Owned Reporting.

Finance 59

Finance Technology Forecasting Reporting 59

CIO Business Intelligence

JUNE 13, 2024

Over the past year, generative AI – artificial intelligence that creates text, audio, and images – has moved from the “interesting concept” stage to the deployment stage for retail, healthcare, finance, and other industries. Before training GenAI models, personal identifiers should be removed or masked.

Forecasting 137

Forecasting Risk Machine Learning Finance 137

Occam's Razor

JULY 18, 2011

The only requirement is that your mental model (and indeed, company culture) should be solidly rooted in permission marketing. You just have to have the right mental model (see Seth Godin above) and you have to… wait for it… wait for it… measure everything you do! Just to ensure you are executing against your right mental model.

Metrics 138

Metrics Marketing Measurement Cost-Benefit 138

CIO Business Intelligence

JUNE 30, 2023

How well the CIO understands finance : “The CIO should run IT like a business within a business,” says McGittigan. There’s an opportunity for the CIO to educate the CFO by explaining the change part in the same terms as the run part, but the average CIO lacks a sufficient understanding of finance.” A general ledger is often inadequate.

Finance 116

Finance Cost-Benefit Digital Transformation Reporting 116

Jet Global

MAY 21, 2020

A more agile, comprehensive, and efficient budget planning process is needed to better utilize finance resources. Finance needs tools that can provide direct access to ERP data into Excel as the starting point for the next budget cycle and to enable tracking of budgets against actuals over time. . Today’s Budget Planning Challenge.

Finance 98

Finance KPI Forecasting Data-driven 98