O'Reilly on Data

SEPTEMBER 15, 2020

AI Benefits and Stakeholders. AI is a field where value, in the form of outcomes and their resulting benefits, is created by machines exhibiting the ability to learn and “understand,” and to use the knowledge learned to carry out tasks or achieve goals. AI-generated benefits can be realized by defining and achieving appropriate goals.

Cost-Benefit 290

Cost-Benefit Advertising ROI Machine Learning 290

CIO Business Intelligence

NOVEMBER 7, 2023

Real-time WiFi 7 AP flow test – 12.7Gbps Huawei Huawei’s commitment to propelling high-quality 10 Gbps campus networks into the intelligent future is evident. Huawei Huawei’s High-Quality IP Network solutions, designed for government, education, healthcare, and the hotel industry, offer comprehensive coverage and cost-effectiveness.

IoT 113

IoT Digital Transformation Sales Uncertainty 113

CIO Business Intelligence

JUNE 22, 2022

Unfortunately, many organizations find themselves susceptible to the tactics used by consultants to manage their risk and optimize a commercial arrangement to their benefit. For example, the consultant will seek to test the strength of their relationship with executive leadership against the strength of the program leadership team.

Consulting 118

Consulting Uncertainty Cost-Benefit Risk 118

CIO Business Intelligence

JULY 7, 2023

As an IT management framework, ITIL can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. You’ll be tested on a situation of your choosing, so the material will be personal to your experience.

Cost-Benefit 97

Cost-Benefit Strategy Management Uncertainty 97

CIO Business Intelligence

SEPTEMBER 27, 2022

Benefits of ERP. ERP systems provide a consistent user interface, thereby reducing training costs. Most successful ERP implementations are led by an executive sponsor who sponsors the business case, gets approval to proceed, monitors progress, chairs the steering committee, removes roadblocks, and captures the benefits.

Enterprise 111

Enterprise Cost-Benefit Manufacturing Software 111

Smart Data Collective

SEPTEMBER 7, 2021

Data-based insights can help make the right decisions, keep up with market trends and navigate the uncertainty. Here’s a brief overview of the top benefits it brings: A better understanding of the customer. Retailers can conduct A/B testing to find out which prices work the best. Key advantages of big data in retail.

Big Data 125

Big Data Technology Cost-Benefit Predictive Analytics 125

CIO Business Intelligence

OCTOBER 12, 2022

Now technology has become such an indispensable tool to drive revenue or remove costs that CIOs are just as likely to be asked to do more in the face of a downturn rather than less. According to one survey , organizations that moved beyond piloting automation achieved an average cost reduction of 32% in their targeted areas.

Cost-Benefit 79

Cost-Benefit Advertising Uncertainty Strategy 79

CIO Business Intelligence

MARCH 7, 2023

We’re testing and validating and iterating before we launch these products as generally available.” It’s easy to see why they’re interested: Generative AI tools such as ChatGPT can write sales proposals or respond interactively to customer complaints far quicker and more cost-effectively than a person.

IT 79

IT Sales Cost-Benefit Interactive 79

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. FSN’s 2021 research, “Agility in Planning, Budgeting, and Forecasting” confirms the profound benefits of this technique.

Forecasting 98

Forecasting Uncertainty Cost-Benefit Reporting 98

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

This classification is based on the purpose, horizon, update frequency and uncertainty of the forecast. Based on the decisions being made and how quickly plans can adjust to new forecast updates, what is the cost of forecasting too high or too low? If the costs of prediction error are asymmetric (e.g. 95th percentile).

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. The AGI would need to handle uncertainty and make decisions with incomplete information.

Cost-Benefit 91

Cost-Benefit Modeling Manufacturing Interactive 91

CIO Business Intelligence

APRIL 12, 2022

In addition, they faced an onslaught of claims and initial uncertainty about cost and payments for antibody testing, evolving treatments, and, later, vaccines. The new flexibility also helped insurers adjust as employers added wellness coverage, telehealth, and mental health benefits to their plans.

Insurance 52

Insurance Technology Management Cost-Benefit 52

CIO Business Intelligence

MARCH 23, 2022

Once an IT leader is regarded as essential by his or her employer, recognition rises, colleagues begin listening, project doors swing open, and salaries and benefits skyrocket. The long-term reward will be lower IT costs, a path to automation, less repetitive work, and a happier workforce that enjoys travelling at the cutting edge.

IT 132

IT Optimization Uncertainty Testing 132

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. Does the effort match the benefit? Are there better methods?

Forecasting 52

Forecasting Uncertainty Measurement Software 52

datapine

SEPTEMBER 4, 2023

Table of Contents 1) The Benefits Of Data Visualization 2) Our Top 27 Best Data Visualizations 3) Interactive Data Visualization: What’s In It For Me? Your Chance: Want to test a powerful data visualization software? Your Chance: Want to test a powerful data visualization software? No, data is the new soil.”

Interactive 264

Interactive Visualization Cost-Benefit Dashboards 264

Cloudera

NOVEMBER 18, 2021

Every one of our 22 finalists is utilizing cloud technology to push next-generation data solutions to benefit the everyday people who need it most – across industries including science, health, financial services and telecommunications. And with petabytes of data, both time and cost were significant barriers to analysis.

Data Lake 76

Data Lake Cost-Benefit Digital Transformation Risk 76

Sisense

JUNE 24, 2020

Every company wants to focus on operational efficiency and protect their revenue against uncertainty. Data and analytics are critical to helping companies measure progress, engage with their customers, and test new innovations that lead to profitability. Benefits for you and your customers. The cost of doing nothing.

Analytics 52

Analytics Cost-Benefit Consulting Strategy 52

CIO Business Intelligence

JULY 31, 2023

As vendors add generative AI to their enterprise software offerings, and as employees test out the tech, CIOs must advise their colleagues on the pros and cons of gen AI’s use as well as the potential consequences of banning or limiting it. There’s a lot of uncertainty. This is an issue for CIOs. Do I need to reskill?’”

Strategy 95

Strategy Risk Enterprise Risk Management 95

Cloudera

OCTOBER 21, 2020

Along the way, tried and tested models and processes are proving unreliable, triggering an evolution in the insurance industry. Insurance companies are dealing with a more complicated landscape that is simultaneously evolving, and rife with uncertainty. . COVID-19 COMPLICATIONS AND MORE. REIMAGINING INSURANCE DURING A CRISIS.

Insurance 72

Insurance Unstructured Data Digital Transformation Cost-Benefit 72

Jet Global

OCTOBER 21, 2020

During periods of uncertainty, this helps us plan for – and be ready to respond to – different outcomes. The past few months have shown the benefits of continuous planning. The ability to see the impact on business forecasts enables management to make decisions on costs, restructuring, or take advantage of other market opportunities.

Forecasting 98

Forecasting Finance Business Driver Key Performance Indicator 98

bridgei2i

MAY 18, 2020

The current COVID-19 pandemic has spread waves of uncertainty across businesses and their customer base. The process of zero-based budgeting starts from a “zero base,” and every function within an organization is analyzed for its needs and costs. However, this crisis will test the progress made.

B2B 52

B2B Sales ROI Marketing 52

The Unofficial Google Data Science Blog

APRIL 19, 2021

To explain, let’s borrow a quote from Nate Silver’s The Signal and the Noise : One of the most important tests of a forecast — I would argue that it is the single most important one — is called calibration. or may be used directly by not serving ads which don’t have expected revenue greater than their cost.

Modeling 122

Modeling IT Metrics Testing 122

Rita Sallam

MAY 12, 2021

This engaged community of BI Bakers was a much welcomed side benefit of going virtual! And in the past, we have analyzed opioid epidemic data , traffic fatalities, college costs, and homelessness. Promise in richer countries that are far along in vaccine distribution and significant uncertainty for poorer countries that lag far behind.

Data Analytics 59

Data Analytics Analytics Measurement Uncertainty 59

The Unofficial Google Data Science Blog

MARCH 31, 2016

In the context of prediction problems, another benefit is that the models produce an estimate of the uncertainty in their predictions: the predictive posterior distribution. both L1 and L2 penalties; see [8]) which were tuned for test set accuracy (log likelihood). bandit problems). Cambridge University Press, (2006). [2]

Modeling 40

Modeling Statistics Advertising Testing 40

Domino Data Lab

JUNE 23, 2019

As a result, Skomoroch advocates getting “designers and data scientists, machine learning folks together and using real data and prototyping and testing” as quickly as possible. You’ll struggle to make the case in most organizations for the cost required for the research investment needed up front. Testing is critical.

Management 110

Management Machine Learning Experimentation Metrics 110

The Unofficial Google Data Science Blog

OCTOBER 21, 2015

The beliefs of this community are always evolving, and the process of thoughtfully generating, testing, refuting and accepting ideas looks a lot like Science. Worse, the community may act on these ambiguous explanations, incurring real costs. Note also that this account does not involve ambiguity due to statistical uncertainty.

Slice and Dice 45

Slice and Dice Experimentation Data-driven Data Science 45

Occam's Razor

JULY 12, 2010

I threw out the world class tool, purchased ClickTracks for a fraction of the cost and put money into Analysts and boom! In this case measuring "Personable": Engaged in other people's well-being and at peace with expressing your own uncertainty about the world. They have two incredible benefits: 1.

Analytics 96

Analytics Measurement Metrics KPI 96