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Generative AI sparks family business renaissance: PwC report

CIO Business Intelligence

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. Now, 90% of family businesses are open to private equity investment compared to 18% in 2011. However, the investment landscape is changing fast.

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Paul Martin: CIOs don’t retire, they go work on boards

CIO Business Intelligence

Two years of pandemic uncertainty and escalating business risk have sharpened the focus of corporate boards on a technology trend once dismissed as just another IT buzzword. I joined Baxter as CIO in 2011, and in 2016 I was presented with the opportunity to join my first public company board. How did that opportunity come about?

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Why CEOs should test big digital business ideas in tiny countries.

Mark Raskino

The President of Iceland Olafur Ragnar Grimsson explained this phenomenon to me when I had the privilege to interview him in 2011 (Gartner Report: G00212784 ). “So He was talking about something we call the ‘compound uncertainty’ that must be navigated when we want to test and introduce a real breakthrough digital business idea.

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Our quest for robust time series forecasting at scale

The Unofficial Google Data Science Blog

Quantification of forecast uncertainty via simulation-based prediction intervals. In the first plot, the raw weekly actuals (in red) are adjusted for a level change in September 2011 and an anomalous spike near October 2012. Prediction Intervals A statistical forecasting system should not lack uncertainty quantification.

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The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

By 2011, the company had 20 full-time photographers on staff. They might deal with uncertainty, but they're not random. [ Remember that the raw number is not the only important part, we would also measure statistical significance. Airbnb had enough data points to be confident in their results. The graph is impressive, right?

Metrics 156
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Fact-based Decision-making

Peter James Thomas

By the time that people who need to take decisions based on such information are in the loop, the inherent uncertainty of the prediction may have disappeared. See in particular my trilogy: Using historical data to justify BI investments – Part I (2011). Using historical data to justify BI investments – Part II (2011).

Metrics 49
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Cloudera + Hortonworks, from the Edge to AI

Cloudera

Since 2011, our two companies have each innovated to build better products and win more business. Three years later, the core team of developers working inside Yahoo on Hadoop spun out to found Hortonworks. They, too, saw the enormous potential for data at scale in the enterprise. Forward-Looking Statements.