Remove Metrics Remove Optimization Remove Risk Management
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Data Scalability Raises Considerable Risk Management Concerns

Smart Data Collective

The Relationship between Big Data and Risk Management. While the sophisticated Internet of Things can positively impact your business, it also carries a significant risk of data misuse. Tips for Improving Risk Management When Handling Big Data. Risk management is a crucial element of any successful organization.

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Retail Metrics that Not Enough Data-Driven Entrepreneurs Track

Smart Data Collective

However, your data-driven business model won’t be very helpful if you don’t focus on the right metrics. There are many excellent metrics you can monitor to help you grow your business and meet your goals. Plus, the metric can help you plan the best layout for your shop. Sales Per Square Foot. Sales Per Square Foot.

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Where CIOs should place their 2025 AI bets

CIO Business Intelligence

CIOs feeling the pressure will likely seek more pragmatic AI applications, platform simplifications, and risk management practices that have short-term benefits while becoming force multipliers to longer-term financial returns. In 2024, departments and teams experimented with gen AI tools tied to their workflows and operating metrics.

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Managing risk in machine learning

O'Reilly on Data

There are also many important considerations that go beyond optimizing a statistical or quantitative metric. As we deploy ML in many real-world contexts, optimizing statistical or business metics alone will not suffice. Models will need to be customized (for specific locations, cultural settings, domains, and applications).

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CDOs: Your AI is smart, but your ESG is dumb. Here’s how to fix it

CIO Business Intelligence

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.

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How Big Data Impacts The Finance And Banking Industries

Smart Data Collective

Financial and banking industries worldwide are now exploring new and intriguing techniques through which they can smoothly incorporate big data analytics in their systems for optimal results. Here are a few of the advantages of Big Data in the banking and financial industry: Improvement in risk management operations.

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Emerging Trends: 4 IRM Market Insights to Aid COVID-19 Business Recovery

John Wheeler

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Provide a full view of business operations by delivering forward-looking measures of related risk to help customers successfully navigate the COVID-19 recovery.

Marketing 110