CIO Business Intelligence

NOVEMBER 27, 2024

Recent research shows that 67% of enterprises are using generative AI to create new content and data based on learned patterns; 50% are using predictive AI, which employs machine learning (ML) algorithms to forecast future events; and 45% are using deep learning, a subset of ML that powers both generative and predictive models.

Data Architecture 128

Data Architecture Cost-Benefit Machine Learning Experimentation 128

DataKitchen

NOVEMBER 27, 2024

For instance, a bank might use a CDE dashboard to monitor the accuracy of customer credit scores, which are vital for regulatory compliance and effective risk modeling. This approach allows enterprises to hold data suppliers accountable or optimize their ingestion processes to ensure higher data integrity.

Data Quality 219

Data Quality Dashboards Metrics Cost-Benefit 219

CIO Business Intelligence

JANUARY 19, 2024

The exam covers everything from fundamental to advanced data science concepts such as big data best practices, business strategies for data, building cross-organizational support, machine learning, natural language processing, scholastic modeling, and more. and SAS Text Analytics, Time Series, Experimentation, and Optimization.

Data Science 126

Data Science Machine Learning Predictive Modeling Experimentation 126

Smarten

JANUARY 15, 2019

How Can I Leverage Assisted Predictive Modeling to Benefit My Business? Some people hear the term ‘assisted predictive modeling’ and their eyes cross. Analyze, share and optimize business potential. Explore Assisted Predictive Modeling and find out how it can benefit your organization.

Predictive Modeling 40

Predictive Modeling Modeling Forecasting Predictive Analytics 40

Smart Data Collective

SEPTEMBER 16, 2020

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. These predictive models can be used by enterprise marketers to more effectively develop predictions of future user behaviors based on the sourced historical data.

Predictive Analytics 131

Predictive Analytics Analytics Predictive Modeling Data mining 131

DataKitchen

SEPTEMBER 21, 2023

L1 is usually the raw, unprocessed data ingested directly from various sources; L2 is an intermediate layer featuring data that has undergone some form of transformation or cleaning; and L3 contains highly processed, optimized, and typically ready for analytics and decision-making processes.

Testing 182

Testing Data Quality Predictive Modeling Metrics 182

O'Reilly on Data

SEPTEMBER 19, 2023

Stage 2: Machine learning models Hadoop could kind of do ML, thanks to third-party tools. While data scientists were no longer handling Hadoop-sized workloads, they were trying to build predictive models on a different kind of “large” dataset: so-called “unstructured data.” And it was good.

Machine Learning 253

Machine Learning Testing Modeling Cost-Benefit 253

KDnuggets

AUGUST 22, 2019

We developed an optimal prediction model from correlations in the time and status of ownership as well as the time of the year of sales fluctuations. Using the ATTOM dataset, we extracted data on sales transactions in the USA, loans, and estimated values of property.

Sales 109

Sales Technology Predictive Modeling Optimization 109

CIO Business Intelligence

JULY 5, 2022

Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. Data analytics is used across disciplines to find trends and solve problems using data mining , data cleansing, data transformation, data modeling, and more.

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

Dataiku

MAY 21, 2021

In this series, we explore constructing a fantasy sports roster as an example use case of an organization having to optimally allocate resources. Here in part one, we introduce the topic of optimization in enterprise contexts and begin building an end-to-end solution with data exploration and predictive analytics in Dataiku.

Predictive Modeling 59

Predictive Modeling Modeling Predictive Analytics Optimization 59

Smarten

MAY 16, 2019

Without a fundamental understanding of how a customer makes a buying decision and how customers choose a product or service, the marketing and advertising process is based only on guesswork, and that guesswork is bound to result in lost revenue and poor optimization of the marketing budget. Learn More: Marketing Optimization.

Predictive Analytics 56

Predictive Analytics Optimization Marketing Analytics 56

Rocket-Powered Data Science

FEBRUARY 12, 2021

IA incorporates feedback, learning, improvement, and optimization in the automation loop. Interest in AI is high and growing, specifically in the areas of smart analytics, customer-centricity, chatbots, and predictive modeling. The average ROI from RPA/IA deployments is 250%.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

CIO Business Intelligence

OCTOBER 2, 2024

Cities are embracing smart city initiatives to address these challenges, leveraging the Internet of Things (IoT) as the cornerstone for data-driven decision making and optimized urban operations. Smart home devices are also integrated with energy management systems to optimize consumption and costs. from 2023 to 2028.

IoT 123

IoT Internet of Things Predictive Modeling Data-driven 123

CIO Business Intelligence

MAY 21, 2024

With the generative AI gold rush in full swing, some IT leaders are finding generative AI’s first-wave darlings — large language models (LLMs) — may not be up to snuff for their more promising use cases. With this model, patients get results almost 80% faster than before. It’s fabulous.”

IT 131

IT Cost-Benefit Experimentation Forecasting 131

CIO Business Intelligence

JUNE 14, 2023

The certification focuses on the seven domains of the analytics process: business problem framing, analytics problem framing, data, methodology selection, model building, deployment, and lifecycle management. They can also transform the data, create data models, visualize data, and share assets by using Power BI.

Big Data 126

Big Data Data Analytics Analytics Predictive Modeling 126

Occam's Razor

NOVEMBER 18, 2014

Short story #2: Predictive Modeling, Quantifying Cost of Inaction. And sometimes they are indeed optimal: 7 Data Presentation Tips: Think, Simplify, Calibrate, Visualize. Better than the table, but perhaps less optimal than the Treemap. Short story #2: Predictive Modeling, Quantifying Cost of Inaction.

Visualization 145

Visualization Slice and Dice Predictive Modeling Metrics 145

Cloudera

FEBRUARY 16, 2022

In this example, the Machine Learning (ML) model struggles to differentiate between a chihuahua and a muffin. Will the model correctly determine it is a muffin or get confused and think it is a chihuahua? The extent to which we can predict how the model will classify an image given a change input (e.g. Model Visibility.

Machine Learning 90

Machine Learning Modeling Metadata Recreation/Entertainment 90

CIO Business Intelligence

AUGUST 20, 2024

The promise of the smarter city Smart cities offer the promise of a thriving urban ecosystem that seamlessly blends technology, systems, and people to optimize everything from traffic flow to energy consumption.

IT 122

IT IoT Internet of Things Optimization 122

Domino Data Lab

AUGUST 22, 2019

The excerpt covers how to create word vectors and utilize them as an input into a deep learning model. While the field of computational linguistics, or Natural Language Processing (NLP), has been around for decades, the increased interest in and use of deep learning models has also propelled applications of NLP forward within industry.

Deep Learning 111

Deep Learning Modeling Metrics Testing 111

Rocket-Powered Data Science

JULY 13, 2023

Beyond the early days of data collection, where data was acquired primarily to measure what had happened (descriptive) or why something is happening (diagnostic), data collection now drives predictive models (forecasting the future) and prescriptive models (optimizing for “a better future”).

Analytics 167

Analytics Machine Learning Data Science Data Collection 167

Smarten

FEBRUARY 7, 2020

Assisted Predictive Modeling: The Word ‘Assisted’ is the Key! Assisted predictive modeling! It is true that without the skills and knowledge of a data scientist or a business analyst, predictive analysis can be a daunting task. The term sounds complex and intimidating, doesn’t it? The word ‘assisted’ is the key!

Predictive Analytics 67

Predictive Analytics Predictive Modeling Analytics Software 67

datapine

AUGUST 14, 2019

In fact, MySQL Workbench is a visual tool that provides “data modeling, SQL development, and administration tools for server configuration, backup, and much more,” according to the product listing at the MySQL website. It offers many statistics and machine learning functionalities such as predictive models for future forecasting.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

Smarten

JANUARY 28, 2020

Predictive analytics is more refined, more dependable and more comprehensive than ever. The foundation for predictive analysis is a great predictive analytics tool, and features and function that include assisted predictive modeling.

Predictive Analytics 67

Predictive Analytics Software Predictive Modeling Analytics 67

O'Reilly on Data

MARCH 23, 2021

Before the advent of broadcast media and mass culture, individuals’ mental models of the world were generated locally, along with their sense of reality and what they considered ground truth. ” Reality Decentralized. What has happened? Reality has once again become decentralized.

Internet Publishing and Broadcasting 317

Internet Publishing and Broadcasting Broadcasting Data-driven Interactive 317

DataRobot

NOVEMBER 1, 2021

Practitioners in the AI space are focused on the speed and accuracy of model predictions. But the end game for the applicability of models is not in the predictions, but the decisions they enable, and predictive models alone don’t ensure better decisions. What Is Decision Intelligence?

Machine Learning 98

Machine Learning Manufacturing Predictive Modeling Optimization 98

Smart Data Collective

SEPTEMBER 17, 2020

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. Big Data can efficiently enhance the ways firms utilize predictive models in the risk management discipline.

Big Data 144

Big Data Finance Risk Management Risk 144

AWS Big Data

NOVEMBER 10, 2023

Your applications can seamlessly read from and write to your Amazon Redshift data warehouse while maintaining optimal performance and transactional consistency. Additionally, you’ll benefit from performance improvements through pushdown optimizations, further enhancing the efficiency of your operations.

Data Processing 111

Data Processing Data Lake Data Warehouse Optimization 111

DataRobot

OCTOBER 19, 2021

DataRobot helped combat this problem head on by applying AI to evaluate and predict resource allocation and identify the most impacted communities from a national to county level. On average, DataRobot forecasts had a 21 percent lower rate of error than all other published competing models over a six to eight week period.

Forecasting 98

Forecasting Predictive Modeling Optimization Testing 98

Smart Data Collective

APRIL 10, 2020

And having a way to analyze the data that your company collects every day also means that you will likely find various opportunities to improve your operations, optimizing your supply chains based on purchase history and demand, and maximizing efficiency while also enhancing the experience of your customers.

Big Data 143

Big Data Cost-Benefit Metrics Marketing 143

Smart Data Collective

SEPTEMBER 30, 2021

2 Through artificial intelligence-based prediction, there can be improvement in decision making regarding droughts and better methods and timing employed to ensure optimal water resource allocation and disseminating information ahead of drought events. Optimization of Electric Vehicle Charging. Here’s how.

Machine Learning 130

Machine Learning Cost-Benefit Optimization Forecasting 130

Smarten

JUNE 8, 2023

This improves productivity and team member access and ensures that tasks will be performed on a timely basis to keep projects and initiatives moving Improved Accuracy With mobile business intelligence tools, business users can leverage self-serve data preparation, assisted predictive modeling and smart data visualization to achieve accurate, clear (..)

Optimization 67

Optimization Enterprise Business Intelligence Predictive Modeling 67

IBM Big Data Hub

JANUARY 25, 2024

Yet many AI creators are currently facing backlash for the biases, inaccuracies and problematic data practices being exposed in their models. The math demonstrates a powerful truth All predictive models, including AI, are more accurate when they incorporate diverse human intelligence and experience.

Predictive Modeling 83

Predictive Modeling Risk Modeling Statistics 83

Domino Data Lab

NOVEMBER 17, 2020

Predictive models fit to noise approach 100% accuracy. For example, it’s impossible to know if your predictive model is accurate because it is fitting important variables or noise. These models are well developed when the dependent variable is continuous, categorical, or survival time.

Statistics 131

Statistics Measurement Testing Predictive Modeling 131

CIO Business Intelligence

DECEMBER 11, 2023

This can include steps like replacing the traditional net present value/discounted cash flow calculator with multi-scenario models to stress-test multiple different forecasts under countless different scenarios.

Finance 105

Finance Forecasting IoT Predictive Modeling 105

Cloudera

DECEMBER 4, 2024

To unlock the full potential of AI, however, businesses need to deploy models and AI applications at scale, in real-time, and with low latency and high throughput. The Cloudera AI Inference service is a highly scalable, secure, and high-performance deployment environment for serving production AI models and related applications.

Metrics 78

Metrics Data Processing Machine Learning Deep Learning 78

Smarten

NOVEMBER 26, 2018

With the right predictive analytics tool, your business can hypothesize, test theories, discover the effects of a possible price increase, discover and address changing buying behavior and develop appropriate competitive strategies.

Predictive Analytics 58

Predictive Analytics Predictive Modeling Analytics Forecasting 58

BizAcuity

JULY 13, 2021

Optimize your Go To Market: The gaming business consists of various applications like the gaming platforms (Casino, Live Dealer, Poker, Sports, Bingo, etc.), account platform, payment, affiliate, loyalty system, bonus and promotion systems, financial application, CRM system, and many others.

Optimization 52

Optimization Marketing Analytics Data Warehouse 52