Smart Data Collective

FEBRUARY 14, 2023

Before you can create a strategy, you must determine your risk tolerance. Finding the right balance between risk and reward is all about your establishing personal investment goals. Once you have outlined your risk tolerance, you will have an easier time using predictive analytics tools to improve your asset allocation strategy.

Predictive Analytics 132

Predictive Analytics Management Analytics Uncertainty 132

Jedox

APRIL 21, 2020

In the face of unprecedented uncertainty, the question is how to quickly evaluate risk, opportunities and competitively allocate capital. At the fund level, great uncertainty demands continual strategic and portfolio reviews to manage liquidity, identify assets at risk, and understand growth challenges.

Uncertainty 52

Uncertainty Modeling Management Finance 52

CIO Business Intelligence

AUGUST 1, 2024

The text of the EU AI Act was published in the Official Journal of the EU on July 12, 2024, and the set of rules around the development and use of AI tools officially entered force at the beginning of August. Mandatory audits for high-risk AI in areas such as lending, human resources or law enforcement will be required from August 2026.

Risk 119

Risk Uncertainty Testing Digital Transformation 119

CIO Business Intelligence

AUGUST 22, 2024

Even with global economic uncertainties, organizations that aren’t investing in AI risk getting left behind, he adds. Stone also predicts IT spending to increase at many organizations as they focus on modernizing outdated systems, reducing technical debt, creating new revenue streams, and building the foundation to adopt gen AI.

Strategy 134

Strategy IT Uncertainty Software 134

Cloudera

DECEMBER 3, 2021

Surely there are ways to comb through the data to minimise the risks from spiralling out of control. In 2019, the Gradient institute published a white paper outlining the practical challenges for Ethical AI. Systems should be designed with bias, causality and uncertainty in mind. We need to get to the root of the problem.

Uncertainty 102

Uncertainty Measurement Metrics Risk 102

Smart Data Collective

SEPTEMBER 30, 2022

In the absence of regulation, many blockchain pilot projects were at risk of ending up absolutely impractical. Regulatory uncertainty, poor awareness, and lack of professionals are still challenges that stand in the way of the mass deployment of such solutions. What about challenges?

Advertising 145

Advertising Marketing Technology Uncertainty 145

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

This classification is based on the purpose, horizon, update frequency and uncertainty of the forecast. A single model may also not shed light on the uncertainty range we actually face. It provides the occasion for deeper exploration of which inputs that can be influenced and which risks can be proactively managed.

Forecasting 115

Forecasting Data Science Statistics Uncertainty 115

Jedox

SEPTEMBER 3, 2020

The new normal introduced new risks from employee health and safety, supply chain stress and government mandates – all with working capital implications. The unprecedented uncertainty forced companies to make critical decisions within compressed time frames. This post was first published on FutureCFO. Conclusion.

Uncertainty 81

Uncertainty Forecasting Digital Transformation Risk 81

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.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

CIO Business Intelligence

SEPTEMBER 19, 2023

Columbia University professor David Rogers, author of Digital Transformation Playbook and The Digital Transformation Roadmap , published in September, says it doesn’t have to be that way. How can enterprises attain these in the face of uncertainty? Where does the CIO role fit in the scheme of things?

Digital Transformation 130

Digital Transformation Uncertainty Testing Enterprise 130

Smart Data Collective

APRIL 30, 2020

At this stage there is an insufficient amount of data concerning the health risks, so we must all take the same precautions for our own safety and for the safety of others around us. To minimise the risks that every organisation is vulnerable to, decision makers should seek expert assistance as an essential precaution.

Measurement 92

Measurement Uncertainty Risk Testing 92

Cloudera

OCTOBER 3, 2018

Google built an innovative scale-out platform for data storage and analysis in the late 1990s and early 2000s, and published research papers about their work. Rob Bearden from Hortonworks has written up a post sharing his thoughts, as well. First, remember the history of Apache Hadoop. Forward-Looking Statements.

Uncertainty 75

Uncertainty IoT Risk Reporting 75

Jet Global

FEBRUARY 11, 2021

Given this timeframe, the OECD has recently published a report with the aim of assisting transfer pricing teams on best practices to follow given the current climate. She added that, for taxpayers, these challenges create increased uncertainty. For both, the risks and costs associated with disputes are high.

Reporting 98

Reporting Uncertainty Risk Enterprise 98

CIO Business Intelligence

OCTOBER 25, 2023

Deception changes the dynamics by injecting uncertainty into your environment. If any further information is disclosed by Okta or discovered through other sources, we will publish an update to this post. No security team can be 100% certain that their defenses are bulletproof all the time–this is what adversaries take advantage of.

Uncertainty 143

Uncertainty Measurement Data-driven Reporting 143

Alation

SEPTEMBER 29, 2021

It’s been one year since we’ve started publishing the Alation State of Data Culture report, and uncertainty still remains the only sure thing. On the other hand, for organizations with top-tier data cultures, 73% were aware of this critical, competitive risk.

Reporting 69

Reporting Uncertainty Data-driven Data Governance 69

Cloudera

NOVEMBER 18, 2021

So, without further ado, it is with great delight that we officially publish the 2021 Data Impact Award winners! As with many industries, the COVID-19 pandemic presented several challenges for Bank Mandiri ; most significantly, it caused a higher potential for disruption to needed financial services as well as higher risk to bank staff.

Data Lake 77

Data Lake Cost-Benefit Digital Transformation Risk 77

Andrew White

JULY 28, 2020

Gartner’s Data and Analytics leaders team, led by Mike Rollings, just published a new Special Report: Cost Optimization and Risk Reduction Approaches for Data and Analytics Leaders: A Gartner Trend Insight Report. Jarring economic disruption and uncertainty makes the road ahead difficult to anticipate.

Optimization 40

Optimization Reporting Uncertainty Analytics 40

Jedox

AUGUST 20, 2020

But as the current market uncertainty continues, CFOs need to refresh their approach to achieving cash and cost transparency. This article was first published on FutureCFO. . Let’s look at three steps on how to achieve that. Step 1: Get your data in order.

Uncertainty 52

Uncertainty Marketing Forecasting Finance 52

Jet Global

NOVEMBER 17, 2021

We also examine the uncertainties that lie ahead in international tax regimes, the power that automation and analytics will deliver to tax teams, and the outcomes of implementing tax software, which will enhance the strategic contribution that tax teams are able to make. The Digital Transformation of Tax Administration.

Forecasting 52

Forecasting Cost-Benefit Digital Transformation Finance 52

The Unofficial Google Data Science Blog

JULY 22, 2020

One reason to do ramp-up is to mitigate the risk of never before seen arms. A ramp-up strategy may mitigate the risk of upsetting the site’s loyal users who perhaps have strong preferences for the current statistics that are shown. For example, imagine a fantasy football site is considering displaying advanced player statistics.

Experimentation 96

Experimentation Statistics Testing Knowledge Discovery 96

Sisense

DECEMBER 13, 2021

Without leveraging this information, businesses can easily fall into the same patterns that can stunt growth–failing to attract new customers and even leaving themselves open to security risks. This insight can inform future partnerships, and reduce uncertainty about which services will be most relevant and useful.

Data-driven 59

Data-driven IT Business Intelligence Cost-Benefit 59

Alation

JUNE 14, 2023

Anyone building anything net-new publishes to Snowflake in a database driven by the use case and uses our commoditized web-based GUI ingestion framework. They care about having access to 100% of the data needed to drive profitability decisions or reduce risk or better-segment their bank products.” The process is simplified.

Data-driven 52

Data-driven Finance Uncertainty Data Warehouse 52

Peter James Thomas

JUNE 20, 2019

Some of these are referenced by The Atlantic in an article (which, in turn, cites a study published by The Royal Society entitled The impact of the ‘open’ workspace on human collaboration ): “If you’re under 40, you might have never experienced the joy of walls at work. King was a wise King, but now he was gripped with uncertainty.

Cost-Benefit 55

Cost-Benefit Data Warehouse Data Science Consulting 55

Peter James Thomas

AUGUST 12, 2018

These normally appear at the end of an article, but it seemed to make sense to start with them in this case: Recently I published Building Momentum – How to begin becoming a Data-driven Organisation. As Michael Caine never said in any film, “not a lot of people know that” [4]. Up-front Acknowledgements. This can be problematic.

Statistics 49

Statistics Metrics Data Quality Measurement 49

Insight

FEBRUARY 19, 2020

Using variability in machine learning predictions as a proxy for risk can help studio executives and producers decide whether or not to green light a film project Photo by Kyle Smith on Unsplash Originally posted on Toward Data Science. and even set their risk tolerance. In 2019, Netflix alone released 371 new TV shows and movies.

Risk 67

Risk ROI Modeling Metrics 67

O'Reilly on Data

SEPTEMBER 11, 2019

Since 1977, for example, the Institute of Electrical and Electronics Engineers (IEEE) has published the Data Engineering Bulletin , a quarterly journal that focuses on engineering data for use with database systems [2]. In the third place, there’s uncertainty about what to do with all of this data.

IoT 25

IoT Big Data Data Warehouse Uncertainty 25

Domino Data Lab

JULY 22, 2019

What I’m trying to say is this evolution of system architecture, the hardware driving the software layers, and also, the whole landscape with regard to threats and risks, it changes things. You see these drivers involving risk and cost, but also opportunity. They’re being told they have to embrace uncertainty.

Data Science 109

Data Science Machine Learning Data Governance Modeling 109

Anmut

OCTOBER 29, 2020

Although COVID-19 tracking data is highly complex and is subject to many data quality issues, it is still better to release good-enough data to inform decision making, rather than to take the risk of losing more lives without using any data. For example, they started counting care home deaths too.

Data Governance 52

Data Governance Data Collection Data-driven Statistics 52

Jet Global

JUNE 21, 2024

The 2020s have been a decade marked by uncertainty. The uncertainty we’ve faced these past few years doesn’t appear to be going away anytime soon, and businesses need to be able to not only respond quickly to change, but to actively plan for it.

Uncertainty 52

Uncertainty Modeling Forecasting Reporting 52

Jet Global

FEBRUARY 2, 2023

Due to the Infrastructure Investment and Jobs Act of 2022 in the United States, nonresidential construction is expected to continue expanding despite expected uncertainty in 2023. Δ The post Why Construction Businesses Should Track KPIs to Conquer Economic Uncertainty appeared first on insightsoftware. Want to learn more?

Uncertainty 52

Uncertainty KPI Reporting Measurement 52

Jet Global

JUNE 17, 2024

By regularly updating and monitoring cash flow forecasts, business owners can proactively manage their bank account cash position, optimize liquidity, and mitigate financial risks. Treasury Management: Cash flow forecasting is essential for treasury management , which involves managing a company’s cash, investments, and financial risks.

Forecasting 52

Forecasting Finance Sales Cost-Benefit 52

Jet Global

JULY 28, 2023

Understanding evolving market conditions and consumer behaviors in EMEA remains crucial for capitalizing on emerging opportunities and mitigating risks in this dynamic and competitive landscape. Here, we discuss how factors like market uncertainty and IT dependence impact finance teams throughout EMEA.

Finance 52

Finance Uncertainty Reporting Forecasting 52

Jet Global

JUNE 28, 2022

We’re also seeing greater volatility in global events, uncertainty in global trade policies, and more. The reputational risks associated with regulatory audits and last minute scrambles to complete tax returns are too great, and the upside for truly managing the ‘data behind the numbers’ is now simply too large to ignore.

Software 52

Software Forecasting Reporting Finance 52

Jet Global

SEPTEMBER 1, 2023

Uncertainties in supply chains and operational disruptions, caused by global events, can affect the assessment of risks and uncertainties. Furthermore, changes in credit availability and financing conditions might need to be explained to shed light on liquidity and funding risks.

Management 52

Management Finance Reporting Uncertainty 52

Jet Global

NOVEMBER 7, 2023

If any one word could encapsulate 2023, it would be “uncertainty.” Finance leaders are excited about the productivity gains GenAI can provide but also wary of potential security risks. For most of the year, finance teams have been preparing for a recession that never quite reached the heights (or depths) heralded by the media.

Finance 52

Finance Uncertainty Reporting Forecasting 52

Jet Global

NOVEMBER 16, 2021

If you start too big, you run the risk of overwhelming your team and losing faith in the program. It means that a large portion of assets are financed by debt, which implies a higher rate of return for the owners but creates uncertainty around returns to shareholders. Managing metrics is a resource intensive and time consuming task.

Metrics 84

Metrics Reporting Key Performance Indicator KPI 84

Jet Global

MARCH 22, 2023

While state-by-state provisions allow for greater visibility into your liability and risk areas, this approach comes with its own challenges. By leveraging technology that automates tax data collection and processing, your team can produce more accurate reports, reduce risk, and free up time to focus on more strategic initiatives.

Reporting 52

Reporting Software Risk Enterprise 52