The Unofficial Google Data Science Blog

DECEMBER 14, 2021

by AMIR NAJMI & MUKUND SUNDARARAJAN Data science is about decision making under uncertainty. Some of that uncertainty is the result of statistical inference, i.e., using a finite sample of observations for estimation. But there are other kinds of uncertainty, at least as important, that are not statistical in nature.

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O'Reilly on Data

JUNE 15, 2023

If we want prosocial outcomes, we need to design and report on the metrics that explicitly aim for those outcomes and measure the extent to which they have been achieved. But alignment will be impossible without robust institutions for disclosure and auditing. That is a crucial first step, and we should take it immediately.

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CIO Business Intelligence

FEBRUARY 3, 2023

Revenue growth at Amazon’s cloud computing division, Amazon Web Services, continued to slow in the fourth quarter as enterprises advanced their cost-cutting measures, brought on by uncertain macroeconomic environment. Despite a 20% year-on-year increase in revenue, reaching $21.4 and 33% growth seen in Q3 and Q2 respectively.

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CIO Business Intelligence

DECEMBER 5, 2024

The reversal calmed immediate fears of an extended crisis, but the political instability sent ripples through financial markets and heightened uncertainty for South Korea’s role as a global technology hub. The stalemate is far from over, with uncertainty prevailing amid growing calls for the president’s impeachment.

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O'Reilly on Data

SEPTEMBER 15, 2020

Technical sophistication: Sophistication measures a team’s ability to use advanced tools and techniques (e.g., Technical competence: Competence measures a team’s ability to successfully deliver on initiatives and projects. Technical competence results in reduced risk and uncertainty.

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CIO Business Intelligence

MARCH 14, 2022

In How to Measure Anything , Douglas Hubbard offers an alternative definition of “measurement” to the Oxford English Dictionary’s “the size, length, or amount of something.” Hubbard defines measurement as: “A quantitatively expressed reduction of uncertainty based on one or more observations.”.

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CIO Business Intelligence

JANUARY 11, 2024

To get back in front, IT leaders will have to transform lessons learned from 2023 into actionable, adaptable processes, as veteran technology pros have been remarkably consistent in identifying global and economic uncertainties as key challenges for IT leaders to anticipate in 2024 as well.

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Jedox

APRIL 21, 2020

In the face of unprecedented uncertainty, the question is how to quickly evaluate risk, opportunities and competitively allocate capital. To understand the marginal impact of changes you need an analytical framework that measures shifts from baseline scenarios. In the face of uncertainty, investor relations are paramount.

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CIO Business Intelligence

DECEMBER 26, 2023

As a first step toward reducing uncertainty and surprise in 2024, I suggest CIOs take baby steps to operationalize learning by leaning into this briefing structure. Uncertainty is Certain A key reason to do this is because uncertainty abounds. There are a wide range of possible outcomes in 2024.

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DataRobot

AUGUST 5, 2021

AI and Uncertainty. Some people react to the uncertainty with fear and suspicion. Recently published research addressed the question of “ When Does Uncertainty Matter?: Understanding the Impact of Predictive Uncertainty in ML Assisted Decision Making.”. People are unsure about AI because it’s new. AI you can trust.

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The Unofficial Google Data Science Blog

JULY 18, 2023

E ven after we account for disagreement, human ratings may not measure exactly what we want to measure. Researchers and practitioners have been using human-labeled data for many years, trying to understand all sorts of abstract concepts that we could not measure otherwise. That’s the focus of this blog post.

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Cloudera

DECEMBER 3, 2021

This involves identifying, quantifying and being able to measure ethical considerations while balancing these with performance objectives. Systems should be designed with bias, causality and uncertainty in mind. Uncertainty is a measure of our confidence in the predictions made by a system. System Design. Model Drift.

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CIO Business Intelligence

APRIL 25, 2022

Collaboration introduces inevitable uncertainty into the process. And the invading Waterfall taskmasters hidden in Scrum’s Trojan Horse absolutely hate uncertainty.) Separating, isolating, and confining people is never going to solve away the uncertainty. The butterfly effect breeds bugs. There’s a balance to be kept, of course.

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CIO Business Intelligence

NOVEMBER 5, 2024

Dealing with uncertain economic environments, which can distract from sustainability issues: Energy prices, price inflation, and geopolitical tensions continue to fluctuate, and that uncertainty can impact focus on environmental sustainability. So far, however, companies seem to be staying the course.

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CIO Business Intelligence

DECEMBER 5, 2024

When they say they don’t know what their KPIs are, what they’re really saying is, ‘When we determine the proof of concept, we didn’t have a measure of success,’” he adds. It “highlights a lack of clarity and measurement in evaluating AI project success,” he says.

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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.

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CIO Business Intelligence

OCTOBER 4, 2022

In the new report, titled “Digital Transformation, Data Architecture, and Legacy Systems,” researchers defined a range of measures of what they summed up as “data architecture coherence.” He specializes in removing fear, uncertainty, and doubt from strategic decision-making through empirical data and market sensing.

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Smart Data Collective

AUGUST 19, 2021

Businesses worldwide, especially SaaS businesses, have discovered that smart, measurable content marketing is the key to achieving their business goals. Then, you can simply plan, create, measure, optimize and repeat. Analytics opens up a whole new world for you and takes the uncertainty off identifying your target audience.

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CIO Business Intelligence

DECEMBER 18, 2024

This shift is partly driven by economic uncertainty and the need for businesses to justify every expense. While value-based pricing is appealing in theory, it can be extremely difficult to measure and implement in practice.

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DataRobot

AUGUST 30, 2021

Humility Means Recognizing Uncertainty. Recognizing and admitting that uncertainty is a major step in establishing trust. A prediction might also be less certain when confronting data measurably dissimilar from the data it was trained on. That is exactly what we mean by humility in AI. Conclusion. AI you can trust.

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DataKitchen

SEPTEMBER 21, 2023

The uncertainty of not knowing where data issues will crop up next and the tiresome game of ‘who’s to blame’ when pinpointing the failure. After navigating the complexity of multiple systems and stages to bring data to its end-use case, the final product’s value becomes the ultimate yardstick for measuring success.

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CIO Business Intelligence

FEBRUARY 8, 2024

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Although there are efforts to boost industries such as semiconductors, there is much uncertainty about when the impact may be seen.

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CIO Business Intelligence

JUNE 8, 2022

Digital disruption, global pandemic, geopolitical crises, economic uncertainty — volatility has thrown into question time-honored beliefs about how best to lead IT. Thriving amid uncertainty means staying flexible, he argues. . Tumultuous times redefine what constitutes success. The past few years in IT have exemplified this.

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Occam's Razor

APRIL 8, 2013

First, you figure out what you want to improve; then you create an experiment; then you run the experiment; then you measure the results and decide what to do. For each of them, write down the KPI you're measuring, and what that KPI should be for you to consider your efforts a success. Measure and decide what to do.

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CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Those Three Big Acronyms are still important for fine-tuning your IT operations, but success today is increasingly measured in business outcomes. Maybe you’ve even surpassed expectations in each of these yardsticks.

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O'Reilly on Data

OCTOBER 13, 2020

In an incident management blog post , Atlassian defines SLOs as: “the individual promises you’re making to that customer… SLOs are what set customer expectations and tell IT and DevOps teams what goals they need to hit and measure themselves against. While useful, these constructs are not beyond criticism.

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CIO Business Intelligence

JUNE 24, 2024

Yet throughout the evening, the common denominator was the need to reduce uncertainty and manage risk. At a recent supper roundtable in London, convened by the endpoint and IT management vendor NinjaOne , attendees discussed some of the industry’s most complex issues. Here are five main takeaways from the event.

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CIO Business Intelligence

FEBRUARY 26, 2024

Hot: Getting comfortable with uncertainty To address disruptions across multiple aspects of the business, organizations need to be able to pivot quickly, says DeVry University CIO Chris Campbell. Harvard’s McNulty says ongoing uncertainty is prompting more interest in futures and scenario planning.

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CIO Business Intelligence

AUGUST 7, 2023

As IT leaders feel pressure from the C-Suite to be more efficient, as well as cut costs and optimize resources, respondents of the survey ranked faster DevOps processes, automated processes, and increasing overall output as the top three measures that would be most impactful to increasing efficiency. Digital Transformation

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CIO Business Intelligence

SEPTEMBER 20, 2023

They are afraid of failure and the uncertainty of knowledge work, and so that’s stressful. Agile is an amazing risk management tool for managing uncertainty, but that’s not always obvious.” The key is recognizing that planning must be an agile discipline, not a standalone activity performed independently of agile teams.

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CIO Business Intelligence

APRIL 16, 2024

However, the NextGen business leaders of family businesses showed uncertainty about the present owners’ and decision makers’ ability to fathom the power of digital transformation. An earlier PwC Global CEO Survey 2024 showed that 70% of business leaders believe GenAI will significantly transform future businesses and the future of businesses.

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CIO Business Intelligence

JUNE 23, 2023

The importance of efficiency, optimization, and risk reduction When asked how they measure success within their organizations, respondents noted increased efficiency (71%), optimized resources (67%), and reduced risk (63%). Risk Management: Risk management is a critical focus for technology professionals.

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CIO Business Intelligence

JULY 10, 2024

“Getting the right people with diverse skill sets and capabilities is critical, and then it’s about finding the right roles for those people and giving them clarity on the vision, strategy, and measures of success,” she says. Watch the full video below for more insights.

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datapine

MAY 31, 2022

That’s why it is important to implement a secure BI cloud tool that can leverage proper security measures. To mitigate the various risks and uncertainties in transitioning to the cloud, IT must adapt its traditional IT control processes to include the cloud. Cost management and containment.

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CIO Business Intelligence

DECEMBER 4, 2024

Global conflicts only add to their uncertainty and vulnerability, with rising production costs exacerbating difficulties. Achieving sweet success With agronomic data, real-time growth measurements, and upcoming weather forecasts, the new system allowed RES to pinpoint the optimal harvest day, leading to a €4.8

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CIO Business Intelligence

JULY 23, 2023

EY recently found that in current economic and financial uncertainty, 94% of tech executives plan to increase their IT investment over the next year. Optimization also rose to the top of IT leaders’ lists: 67% measure success within their IT organization by better optimizing resources.

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IBM Big Data Hub

MARCH 25, 2024

Get the study: The Revolutionary Content Supply Chain A content supply chain brings together people, processes, and technology to effectively plan, create, produce, launch, measure, and manage content. Modernizing a workflow to introduce a content supply chain means disruption and uncertainty.

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