CIO Business Intelligence

NOVEMBER 14, 2022

A DSS supports the management, operations, and planning levels of an organization in making better decisions by assessing the significance of uncertainties and the tradeoffs involved in making one decision over another. According to Gartner, the goal is to design, model, align, execute, monitor, and tune decision models and processes.

Data mining 144

Data mining Data-driven Statistics OLAP 144

Juice Analytics

APRIL 17, 2020

Here’s snapshot of a recent search: As Harry Stevens, Washington Post reporter (responsible for that amazing “flatten the curve” story ) pointed out in the round table: “ the truth is that a million cases happened weeks before the official count passed that number and so we’re not reporting on reality, but we’re reporting on the numbers. ”

Forecasting 101

Forecasting Snapshot Dashboards Uncertainty 101

Jet Global

JUNE 8, 2021

In periods of great uncertainty, organizations forecast more frequently in the hope that it will give them a better handle on their trading prospects, levels of activity, and resources needed for the coming months. The table shows the percentage of organizations that satisfied each stress test.

Forecasting 98

Forecasting Uncertainty Cost-Benefit Reporting 98

DataRobot

APRIL 5, 2021

The uncertainty in her reply piqued my interest. Considering only one in ten companies report significant financial benefits from implementing AI , the collaboration of business subject matter experts and technical experts is critical. She said they did have one data scientist, so I asked if their data scientist was any good.

Uncertainty 96

Uncertainty Machine Learning Modeling Reporting 96

Smart Data Collective

AUGUST 18, 2021

Fortunately, recruitment software and tools allow for data-driven decision-making that eliminates human bias and uncertainties, ultimately helping you make better decisions during the hiring process with greater accuracy and peace of mind. Speed up the recruitment process. Top talent is typically hired by recruiters within ten days.

Data Science 134

Data Science Management Big Data Metrics 134

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 141

Risk Manufacturing Enterprise Technology 141

IBM Big Data Hub

APRIL 18, 2024

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

Cost-Benefit 89

Cost-Benefit Manufacturing Modeling Interactive 89

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.

Uncertainty 56

Uncertainty Statistics Measurement Cost-Benefit 56

Cloudera

DECEMBER 11, 2020

Insurance and finance are two industries that rely on measuring risk with historical data models. To facilitate risk modeling in this new normal, agility and flexibility is required. Security Magazine recently reported that Multi-cloud adoption grew by 70% year over year. Data Variety.

Insurance 98

Insurance Digital Transformation Unstructured Data Machine Learning 98

CIO Business Intelligence

JULY 31, 2023

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode. How has, say, ChatGPT hit your business model?”

Strategy 98

Strategy Risk Enterprise Risk Management 98

Domino Data Lab

FEBRUARY 20, 2019

“The last company I worked for was a very interesting story as well, because I joined the company that had a very good established culture of software development…with tests, with CI/CD, experienced engineers, experienced engineering management, and product management. Unit tests, integration tests, CI/CD, documentation.

Data Science 76

Data Science Testing Software Uncertainty 76

Jet Global

APRIL 2, 2020

Exploring all these unknowns becomes significantly easier with scenario planning capabilities that allow companies to model conditions and forecast financial health based on changing customer behavior and how long the the economy takes to recover. Are your reports up to the task? Contact us today.

Finance 64

Finance Forecasting Uncertainty Sales 64

Jet Global

NOVEMBER 4, 2020

Intangible-asset transactions present a challenge when organizations are quantifying prices and profits to serve their transfer pricing models. Certain authorities may have different preferences or expectations when it comes to adjustments, even in a period of economic uncertainty.

Risk 98

Risk Uncertainty Sales Strategy 98

DataKitchen

SEPTEMBER 21, 2023

Bridging the Gap: How ‘Data in Place’ and ‘Data in Use’ Define Complete Data Observability In a world where 97% of data engineers report burnout and crisis mode seems to be the default setting for data teams, a Zen-like calm feels like an unattainable dream. One of the primary sources of tension?

Testing 169

Testing Data Quality Predictive Modeling Metrics 169

Jet Global

SEPTEMBER 10, 2020

Living through periods of rapid upheaval and uncertainty, like the recent pandemic, forces us to adapt quickly to new working practices. Add to that the additional users and number of planning models you now create. One of the long-lasting lessons learned from COVID-19 is that the old way of planning doesn’t work anymore.

Forecasting 52

Forecasting Finance Uncertainty Sales 52

Sisense

OCTOBER 6, 2020

It’s analyzed through numerical comparisons and statistical inferences and is reported through statistical analyses. Additionally, quantitative data forms the basis on which you can confidently infer, estimate, and project future performance, using techniques such as regression analysis, hypothesis testing, and Monte Carlo simulations.

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98

Occam's Razor

APRIL 8, 2013

We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. Sometimes, we escape the clutches of this sub optimal existence and do pick good metrics or engage in simple A/B testing. Testing out a new feature.

Metrics 157

Metrics KPI Analytics Key Performance Indicator 157

O'Reilly on Data

OCTOBER 13, 2020

Similarly, in “ Building Machine Learning Powered Applications: Going from Idea to Product ,” Emmanuel Ameisen states: “Indeed, exposing a model to users in production comes with a set of challenges that mirrors the ones that come with debugging a model.”. Debugging AI Products.

Management 251

Management Metrics Machine Learning Modeling 251

Darkhorse

AUGUST 26, 2016

You have devised a number of time-tested shortcuts to deal with uncertainty. keeps talking about his models as if they’re some kind of authority: “The model says so”. You’ll choose simpler models. You’ve surrounded yourself with people you trust and you weigh their advice before making major decisions.

Uncertainty 40

Uncertainty Data Quality Modeling Visualization 40

CIO Business Intelligence

SEPTEMBER 19, 2023

How can enterprises attain these in the face of uncertainty? Rogers: This is one of two fundamental challenges of corporate innovation — managing innovation under high uncertainty and managing innovation far from the core — that I have studied in my work advising companies and try to tackle in my new book The Digital Transformation Roadmap.

Digital Transformation 130

Digital Transformation Uncertainty Testing Enterprise 130

The Unofficial Google Data Science Blog

APRIL 23, 2024

Crucially, it takes into account the uncertainty inherent in our experiments. Experiments, Parameters and Models At Youtube, the relationships between system parameters and metrics often seem simple — straight-line models sometimes fit our data well. It is a big picture approach, worthy of your consideration.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

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. . The coming months are a leadership test for CIOs, and it’s a pass/fail grade.”. Keep calm and lead on.

IT 133

IT Cost-Benefit Uncertainty Digital Transformation 133

CIO Business Intelligence

JULY 10, 2024

According to a McKinsey report released in May, 65% of organizations have adopted gen AI in at least one business function, up from 33% last year. The company uses the GPT-4 family of gen AI models on the Azure OpenAI service, and decided to go with the guardrails available within that platform to build its Rebot chatbot.

Enterprise 136

Enterprise Risk Modeling Risk Management 136

The Unofficial Google Data Science Blog

JULY 22, 2020

Another reason to use ramp-up is to test if a website's infrastructure can handle deploying a new arm to all of its users. The website wants to make sure they have the infrastructure to handle the feature while testing if engagement increases enough to justify the infrastructure. We offer two examples where this may be the case.

Experimentation 95

Experimentation Statistics Testing Strategy 95

CIO Business Intelligence

MAY 6, 2022

Work began in late 2020 on the service, which enables customers to connect through a live video/audio session to a United agent who can, in times of traveler uncertainty and stress, make new reservations on-the-fly, assuage worries about gate changes, and even upgrade the passenger’s seating on their next flight.

Uncertainty 98

Uncertainty Testing Metadata Digital Transformation 98

CIO Business Intelligence

APRIL 28, 2024

However, new energy is restricted by weather and climate, which means extreme weather conditions and unpredictable external environments bring an element of uncertainty to new energy sources. The customer’s operation model has changed from passive response to proactive service. Huawei also helps customers build an open ecosystem.

Interactive 95

Interactive Uncertainty Data Collection IoT 95

CIO Business Intelligence

SEPTEMBER 26, 2024

They shared the following scenario, “Imagine you have several years’ worth of risk assessments, penetration tests, and internal audit reports, for example, and you manually have been trying to analyze this information to show trends in your security program. Risks with AI are another area of concern.

Cost-Benefit 64

Cost-Benefit Risk Enterprise Uncertainty 64

Jet Global

APRIL 22, 2020

Businesses across the globe are facing a level of uncertainty that didn’t exist just months ago. Explore our interactive infographic to reveal valuable insights on how top CFOs are responding from our recent panel discussion, “How to Navigate Your Business Through This Uncertainty.” Brian Shaw. Chief Financial Officer.

Uncertainty 59

Uncertainty Testing Management Modeling 59

Cloudera

NOVEMBER 18, 2021

This allows for an omni-channel view of the customer and enables real-time data streaming and a safe zone to test machine learning models using Cloudera Data Science Workbench (CDSW). This, in turn, has had a positive impact on innovation and decision-making aimed at improving customer services and reporting. .

Data Lake 81

Data Lake Cost-Benefit Digital Transformation Risk 81

Data Science and Beyond

JANUARY 7, 2019

Therefore, bootstrapping has been promoted as an easy way of modelling uncertainty to hackers who don’t have much statistical knowledge. Confidence intervals are a common way of quantifying the uncertainty in an estimate of a population parameter. Don’t compare confidence intervals visually.

Statistics 77

Statistics Uncertainty Testing Modeling 77

The Unofficial Google Data Science Blog

MAY 31, 2016

Similarly, we could test the effectiveness of a search ad compared to showing only organic search results. Structure of a geo experiment A typical geo experiment consists of two distinct time periods: pretest and test. After the test period finishes, the campaigns in the treatment group are reset to their original configurations.

Advertising 42

Advertising Testing Sales Statistics 42

BI-Survey

FEBRUARY 14, 2022

Overnight, the impact of uncertainty, dynamics and complexity on markets could no longer be ignored. Local events in an increasingly interconnected economy and uncertainties such as the climate crisis will continue to create high volatility and even chaos. The COVID-19 pandemic caught most companies unprepared. Think beyond finance.

Forecasting 52

Forecasting Uncertainty Measurement Cost-Benefit 52

Andrew White

MARCH 6, 2021

Big decisions that impact merges and acquisition, new plant or facilities, new markets and business models all are impacted by global conditions, and they in turn are formed by the conflagration of many short- and long-term cycles and trends. We use models. We have hypothesis and we test them. We guess.

Marketing 52

Marketing Forecasting Uncertainty Strategy 52

Insight

FEBRUARY 19, 2020

My goal here is not to improve upon the current prediction algorithms but rather to describe a model I devised, called ReelRisk , that uses random resampling to generate a range of predictions which can then be used as a risk assessment tool to determine early on whether to fund a movie. The solid line shows the y=x line for comparison.

Risk 67

Risk ROI Modeling Metrics 67

datapine

DECEMBER 28, 2021

With the rise of advanced technology and globalized operations, statistical analyses grant businesses an insight into solving the extreme uncertainties of the market. Chaffetz’s numbers via a comparison with Planned Parenthood’s own annual reports. Politifact, a fact-checking advocacy website, reviewed Rep.

Statistics 363

Statistics Advertising Visualization Data mining 363