Rocket-Powered Data Science

FEBRUARY 15, 2023

First, don’t do something just because everyone else is doing it – there needs to be a valid business reason for your organization to be doing it, at the very least because you will need to explain it objectively to your stakeholders (employees, investors, clients).

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

O'Reilly on Data

JULY 28, 2020

Without clarity in metrics, it’s impossible to do meaningful experimentation. Experiments allow AI PMs not only to test assumptions about the relevance and functionality of AI Products, but also to understand the effect (if any) of AI products on the business. Don’t expect agreement to come simply.

Marketing 362

Marketing Experimentation Metrics Testing 362

CIO Business Intelligence

NOVEMBER 13, 2023

Reimagination of business processes sits at the core of digital transformation, and so, by definition, digital transformation challenges the status quo, throwing we-have-always-done-it-this-way sentiment out of the window. IT leaders help facilitate a shift in organizational mindset toward a willingness to take risks and learn from failures.

Digital Transformation 143

Digital Transformation Cost-Benefit Experimentation Measurement 143

CIO Business Intelligence

JUNE 28, 2023

As Belcorp considered the difficulties it faced, the R&D division noted it could significantly expedite time-to-market and increase productivity in its product development process if it could shorten the timeframes of the experimental and testing phases in the R&D labs. This allowed us to derive insights more easily.”

Digital Transformation 99

Digital Transformation Cost-Benefit Informatics Data mining 99

IBM Big Data Hub

OCTOBER 20, 2023

These development platforms support collaboration between data science and engineering teams, which decreases costs by reducing redundant efforts and automating routine tasks, such as data duplication or extraction. Apart from pricing, there are numerous other factors to consider when evaluating the best AI platforms for your business.

Machine Learning 75

Machine Learning Manufacturing Cost-Benefit Deep Learning 75

Occam's Razor

MARCH 7, 2016

Here's a great example of the risk you carry by only having rented platform strategies, so much worse than the Edgerank chokehold Facebook has on your organic reach… Google+ is a good platform, and Google continues to experiment with it. While I'm pointing out my example, your brand faces the same risks. A good one.

Marketing Analytics 86

Marketing Analytics Marketing Analytics KPI 86