Domino Data Lab

MARCH 11, 2021

Machine learning (ML) frameworks are interfaces that allow data scientists and developers to build and deploy machine learning models faster and easier. Machine learning is used in almost every industry, notably finance , insurance , healthcare , and marketing. How to choose the right ML Framework.

Machine Learning 143

Machine Learning Deep Learning Insurance Modeling 143

KDnuggets

DECEMBER 2, 2022

Personalized learning, smart grading, skill gap assessment, and better ROI: The importance of incorporating Machine Learning in Online Learning cannot be overstated.

Machine Learning 123

Machine Learning ROI 123

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). AI products are automated systems that collect and learn from data to make user-facing decisions. We won’t go into the mathematics or engineering of modern machine learning here.

Management 363

Management Machine Learning Experimentation Metrics 363

CIO Business Intelligence

MAY 22, 2024

I have found very few companies who have found ROI with AI at all thus far,” he adds. The concern about calculating the ROI also rings true to Stuart King, CTO of cybersecurity consulting firm AnzenSage and developer of an AI-powered risk assessment tool for industrial facilities.

ROI 143

ROI IT Measurement Cost-Benefit 143

CIO Business Intelligence

APRIL 25, 2024

This transition has propelled AI and machine learning to the forefront, with 51% of CIOs identifying these technologies as among their most urgent priorities, alongside cybersecurity, highlighting their crucial role in driving organizational success.

ROI 136

ROI Cost-Benefit Machine Learning Technology 136

Smart Data Collective

JANUARY 27, 2021

They have also created numerous opportunities for informed investors to create diversified portfolios and take advantage of a market for assets that provide an exceptional ROI. Machine learning technology has made cryptocurrency investing opportunities more lucrative than ever.

Machine Learning 140

Machine Learning Forecasting Predictive Analytics Marketing 140

KDnuggets

MAY 20, 2022

Most companies haven’t seen ROI from machine learning since the benefit is only realized when the models are in production. Here’s how to make sure your ML project works.

Machine Learning 115

Machine Learning ROI Modeling 115

O'Reilly on Data

SEPTEMBER 15, 2020

Customer stakeholders are the people and companies that advertise on the platform, and are most concerned with ROI on their ad spend. They don’t automatically generate revenue and growth, maximize ROI, or keep users engaged and loyal. automated retirement portfolio rebalancing and maximized ROI). Conclusion.

Advertising 362

Advertising Cost-Benefit ROI Machine Learning 362

Smart Data Collective

JUNE 3, 2021

Many different industries are becoming more reliant on machine learning. The insurance industry is among those that has found new opportunities to take advantage of machine learning technology. Many of the applications of big data for insurance companies will be realized with machine learning technology.

Insurance 122

Insurance Machine Learning Cost-Benefit Risk 122

Domino Data Lab

MAY 15, 2019

Machine Learning Projects are Hard: Shifting from a Deterministic Process to a Probabilistic One. Over the years, I have listened to data scientists and machine learning (ML) researchers relay various pain points and challenges that impede their work. Product Management for Machine Learning.

Machine Learning 111

Machine Learning Management Experimentation Uncertainty 111

Smart Data Collective

MAY 28, 2019

Big Data Drives the ROI of Digital Marketing. They need to use analytics to learn more about their target customers. If they are trying to reach customers in a foreign country, machine learning gives them a huge advantage. New machine learning tools help marketers determine the most profitable customer segments to target.

ROI 109

ROI Big Data Marketing Advertising 109

CIO Business Intelligence

AUGUST 1, 2024

Nowadays, management wants return on investment (ROI) calculations as part of any AI proposal. But how do you calculate ROI on something completely new and different—or on something as complex as AI, which brings with it lots of issues such as data privacy concerns, regulatory compliance complications, and all-new security risks?

ROI 105

ROI Metrics Measurement Risk 105

Smart Data Collective

OCTOBER 30, 2019

Machine learning is changing the future of marketing in many beneficial ways. There are a number of tactics that marketers can pursue to optimize campaigns with machine learning algorithms. Use artificial intelligence tools that rely on machine learning to optimize content for different visitors.

Machine Learning 93

Machine Learning Advertising Big Data Marketing 93

Smart Data Collective

AUGUST 21, 2019

Machine learning is tremendously beneficial for many e-commerce companies. Marketing expert and founder of Crazy Egg, Neil Patel, has discussed the benefits of machine learning in e-commerce. One of the biggest applications of machine learning in e-commerce is with identifying market trends. Or are you?

Machine Learning 94

Machine Learning ROI Marketing Big Data 94

Smart Data Collective

DECEMBER 23, 2019

Author Beverly Rich has said that AI and machine learning will be integral to contracts in the 21 st Century. Machine Learning is Redefining Business Contracts as We Head into 2020. Machine learning is going to have an even more important role in these processes in the future. Documentation.

Machine Learning 91

Machine Learning Management ROI Risk 91

Rocket-Powered Data Science

FEBRUARY 12, 2021

One can automate a very complicated and time-consuming process, even for a one-time bespoke application – the ROI must be worth it, to justify doing this only once. IA incorporates feedback, learning, improvement, and optimization in the automation loop. The average ROI from RPA/IA deployments is 250%.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

Rocket-Powered Data Science

MARCH 19, 2019

Analytics are the products, the outcomes, and the ROI of our Big Data , Data Science, AI, and Machine Learning investments! Analytics are the outcomes of data activities (data science, machine learning, AI) within the organization. AI strategies and data strategies should therefore focus on outcomes first.

Analytics 193

Analytics Metrics Data-driven Machine Learning 193

David Menninger's Analyst Perspectives

OCTOBER 6, 2023

Using this methodology, we evaluated vendor submissions in seven categories: five relevant to the product experience ﹘ Adaptability, Capability, Manageability, Reliability and Usability ﹘ and two related to the customer experience ﹘ TCO/ROI and vendor Validation.

Analytics 285

Analytics ROI Marketing Management 285

Rocket-Powered Data Science

MARCH 10, 2020

But it is not a failure — its actual success (and positive ROI) is discovered by the graph analytics algorithm through the transitive relationship between the marketing campaign and the final customer purchase, through an intermediary (entity-in-the-middle)! The campaign looks like a failure. community detection ).

Metadata 250

Metadata Machine Learning Prescriptive Analytics ROI 250

Corinium

JUNE 6, 2019

What do you recommend to organizations to harness this but also show a solid ROI? A playbook for this is to run multiple experiments in parallel and create ‘MVPs’ (fail/learn fast), as well as incorporate feedback mechanisms to enable an improvement loop, and scaling the ones that show the fastest path to ROI.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

Smarten

OCTOBER 24, 2024

Machine Learning and Natural Language Processing (NLP) have unlocked a vast library of knowledge, making it accessible to the average person, requiring no significant technical skills, and leveling the playing field for millions of people, seeking to learn and understand the world. Today, this prediction is a reality.’

Analytics 64

Analytics Machine Learning ROI Business Intelligence 64

CIO Business Intelligence

NOVEMBER 27, 2024

If it costs more to detect and remove incorrect phone numbers in your dataset than it costs to make that number of wasted calls or send that many undeliverable text messages, then there’s no ROI in fixing the numbers in advance. “A For AI, there’s no universal standard for when data is ‘clean enough.’

Enterprise 141

Enterprise Data Quality Structured Data Modeling 141

Corinium

MARCH 31, 2020

Applying AI models at scale is one of the most cost-effective ways to drive ROI with the technology. Aligning projects with business goals and expanding them in a structured way is vital when delivering AI-at-scale.

ROI 221

ROI Modeling Technology Machine Learning 221

Corinium

MARCH 23, 2020

Scaling AI capabilities across an entire organization is the best way to unleash the technology’s true potential to drive ROI. AI will add more than $13 trillion to the global economy over the next decade according to Harvard Business Review. Yet, the majority of organizations struggle to get the most out of their AI initiatives.

Enterprise 221

Enterprise ROI Machine Learning 221

Dataiku

NOVEMBER 6, 2020

When it comes to calculating the return on investment (ROI) of data science, machine learning, and AI projects, there’s a lot to unpack. Are you measuring ROI gained from a data platform or a series of data initiatives themselves?

ROI 68

ROI Measurement Machine Learning Data Science 68

O'Reilly on Data

FEBRUARY 11, 2020

Almost half (48%) of respondents say they use data analysis, machine learning, or AI tools to address data quality issues. As for a lack of resources (cited by more than 40% of respondents), there’s at least some reason for hope: machine learning (ML) and artificial intelligence (AI) could provide a bit of a boost.

Data Quality 363

Data Quality Metadata Data Governance Publishing 363

CDW Research Hub

NOVEMBER 12, 2020

The interwoven theme of these considerations is that careful planning can be one of the biggest contributors to ROI expectations when launching an AI solution. These 30-minute sessions will focus on key issues facing IT professionals like you as you look to deploy AI and machine learning (ML) strategies for your organization.

ROI 79

ROI Deep Learning Machine Learning Business Objectives 79

CIO Business Intelligence

AUGUST 9, 2024

At Atlanta’s Hartsfield-Jackson International Airport, an IT pilot has led to a wholesale data journey destined to transform operations at the world’s busiest airport, fueled by machine learning and generative AI. This allows us to excel in this space, and we can see some real-time ROI into those analytic solutions.”

Data Transformation 126

Data Transformation Machine Learning Data Lake Dashboards 126

CIO Business Intelligence

MARCH 6, 2024

Marrying machine learning with crowdsourced telemetry and passive identification technology enables organizations to rapidly assess and score risk for everything and everyone that you can now see. The first is the ability to get to ROI faster. To learn more, visit us here. The third benefit is the reduction of downtime.

Manufacturing 126

Manufacturing Cost-Benefit ROI IoT 126

Smart Data Collective

MARCH 25, 2021

Thus, the return on investment (ROI) can be up to 10 times the amount applied. Machine Learning Algorithms – Each case will have an ideal algorithm. Thus, the customization of Machine Learning algorithms is at the heart of the implementation of a predictive maintenance system that is effective.

Machine Learning 129

Machine Learning Predictive Analytics Cost-Benefit ROI 129

Rocket-Powered Data Science

JULY 21, 2023

as likely to say that their ROI on observability tools far exceeded expectations. ” Model-Assisted Threat Hunts , also known as Splunk M-ATH , is Splunk’s brand name for machine learning-assisted threat hunting and mitigation. automation of the first two type of hunts, using AI and machine learning).

Machine Learning 190

Machine Learning Metrics Internet of Things Reporting 190

Smart Data Collective

JULY 7, 2022

They point out that value investors are using machine learning technology to anticipate future stock prices. Ramneet Rekhi of New York University and his colleagues from Stanford discussed this in their paper titled Finding Undervalued Stocks with Machine Learning. Identify Opportunities to Reduce Debt.

Marketing 145

Marketing Data Analytics Analytics Data mining 145

CIO Business Intelligence

NOVEMBER 25, 2024

Don’t miss Session 3 of our webinar series, AI ROI: Maximizing Future Investments , where IBM’s Jake Makler and Quantum Metric’s David Friend will share practical strategies for assessing and optimizing AI tools. By focusing on these elements, businesses can unlock the true potential of AI to drive innovation and growth.

Data Quality 99

Data Quality ROI Interactive Modeling 99

Decision Management Solutions

JULY 8, 2020

Analytic software may make it faster and cheaper to produce a report but this shows a limited ROI for everyone outside IT. Using analytic software to improve the quality of decision-making, making more accurate and profitable decisions, is where the ROI truly lies. What matters is decision-making. The start by looking at their data.

Reporting 134

Reporting Analytics ROI Key Performance Indicator 134

CIO Business Intelligence

AUGUST 30, 2024

Agents driving ROI Agentic AI can deliver value to organizations struggling to find the ROI in gen AI, adds Dunaev. Older AI-like technologies, including machine learning, have been used for years, and most organizations trust ML to do its job, he notes.

ROI 138

ROI Recreation/Entertainment Machine Learning Interactive 138

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