CIO Business Intelligence

JULY 28, 2023

In fact, according to Samsara’s State of Connected Operations Report , connected operations leaders who reported the highest level of digital maturity were 6x more likely to exceed their financial goals by 25% or more. A closed feedback loop with end users at this stage is critical as well. If not, move on to the next!

IT 98

IT Experimentation Digital Transformation Marketing 98

CIO Business Intelligence

AUGUST 2, 2023

Interestingly, non-IT leaders were more likely to report actively using generative AI (73%) than IT leaders (59%), suggesting there’s plenty of experimentation going on beyond the purview of the IT department. That leaves just 1% that has either checked out generative AI and dismissed it, or have no plans to use it at all.

Enterprise 98

Enterprise Experimentation Manufacturing Risk 98

Cloudera

OCTOBER 4, 2023

Flexible use of compute resources on analytics — which is even more important as we start performing multiple different types of analytics, some critical to daily operations and some more exploratory and experimental in nature, and we don’t want to have resource demands collide.

Data Warehouse 87

Data Warehouse Experimentation Cost-Benefit Dashboards 87

CIO Business Intelligence

DECEMBER 19, 2023

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Moreover, the CEOs and boards that CIOs report to don’t want to be left behind by generative AI, and many employees want to experiment with the latest generative AI capabilities in their workflows.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

NOVEMBER 9, 2023

The pattern for success at learning how to create value safely and responsibly is a mindful culture of experimentation and thoughtful “learning by doing.” Download The State of AI Innovation report to learn how 500 IT leaders and practitioners rely on AI for productivity, the challenges they face, and the tools they trust to drive innovation.

Experimentation 134

Experimentation Uncertainty Strategy Machine Learning 134

O'Reilly on Data

APRIL 4, 2024

The risk of these deals is, again, that a few centrally chosen winners will quickly emerge, meaning there’s a shorter and less robust period of experimentation. The investors who pile billions of dollars into a huge bet are expecting not just to be paid back, but paid back a hundredfold. This has led to lawsuits and settlements.

Marketing 152

Marketing Modeling Finance Experimentation 152

Decision Management Solutions

MARCH 26, 2020

Those trying to improve and optimize their decisions report various challenges. Randomly select groups of customers and use the experimental approach on them, to prevent bias, and ensure a clean test Keep information on both groups – what you would normally do and what you experimented on – so you can compare the approaches later.

Experimentation 72

Experimentation Recreation/Entertainment Optimization Testing 72

DataKitchen

JANUARY 20, 2021

Central DataOps process measurement function with reports. A COE typically has a full-time staff that focuses on delivering value for customers in an experimentation-driven, iterative, result-oriented, customer-focused way. Central code repository where all data engineering/science/analytics work can be tracked, reviewed and shared.

Metrics 243

Metrics Experimentation Measurement Testing 243

Smarten

MAY 17, 2023

In relation to the ChatGPT trend, a recent Gartner report states that business should, “Recognize that this is a very early stage and a hyped technology” with potentially significant uses. “So, proceed, but don’t over pivot.”

Digital Transformation 52

Digital Transformation Experimentation Risk Testing 52

CIO Business Intelligence

NOVEMBER 7, 2022

A recent IDC report on AI projects in India [1] reported that 30-49% of AI projects failed for about one-third of organizations, and another study from Deloitte casts 50% of respondents’ organizational performance in AI as starters or underachievers. Are they involved in pilots and providing feedback?

Machine Learning 128

Machine Learning Data Science Experimentation IoT 128

The Unofficial Google Data Science Blog

APRIL 23, 2024

To find optimal values of two parameters experimentally, the obvious strategy would be to experiment with and update them in separate, sequential stages. Our experimentation platform supports this kind of grouped-experiments analysis, which allows us to see rough summaries of our designed experiments without much work.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

DataRobot Blog

NOVEMBER 15, 2022

At the event, a financial services panel discussion shared why iteration and experimentation are critical in an AI-driven data science environment. DataRobot offers automated documentation that helps speed the documentation process for models with deployment reports and compliance reports that outline model methodologies and performance.

Big Data 52

Big Data Experimentation Data-driven Machine Learning 52

CIO Business Intelligence

APRIL 2, 2024

For example, KPMG reports that 51% of technology executives have not seen an increase in performance or profitability from digital transformation investments. Unfortunately, the business impact of many digital transformations continues to fall short of expectations.

Management 138

Management Digital Transformation Testing Experimentation 138

CIO Business Intelligence

MAY 12, 2022

Predictive analytics tools blend artificial intelligence and business reporting. The tool builds heavily on business intelligence and reporting by treating predictions as just another column in the analytics presentation. A free plan allows experimentation. What are predictive analytics tools?

Predictive Analytics 137

Predictive Analytics Analytics Statistics Machine Learning 137

CIO Business Intelligence

NOVEMBER 21, 2023

There are ample reasons why 77% of IT professionals are concerned about shadow IT, according to a report from Entrust. Still, there is a steep divide between rogue and shadow IT, which came under discussion at a recent Coffee with Digital Trailblazers event I hosted.

IT 137

IT Risk Cost-Benefit Risk Management 137

CIO Business Intelligence

JUNE 1, 2023

A report from Sitecore based on its AI & Composable Marketing Software Survey found that nearly 4 in 5 (78%) marketers believe that GAI will be instrumental in achieving the ideal customer experience (CX) not only through greater personalization but also through GAI’s ability to mine deep insights into individual customer needs and wants.

Marketing 98

Marketing B2B Experimentation Cost-Benefit 98

IBM Big Data Hub

MARCH 27, 2024

A 2022 CDP study found that for companies that report to CDP, emissions occurring in their supply chain represent an average of 11.4x The same study showed that 72% of CDP-responding companies reported only their operational emissions (Scope 1 and/or 2). more emissions than their operational emissions.

Experimentation 77

Experimentation Modeling Deep Learning Data-driven 77

DataRobot

MARCH 10, 2021

The Influence of Robot Autonomy , the authors report the results of an experiment that examines how humans attribute blame to humans, non-autonomous robots, autonomous robots, or environmental factors in scenarios in which errors occur. Recently published research papers show the danger of describing your AI systems as autonomous.

Experimentation 145

Experimentation Machine Learning Key Performance Indicator Reporting 145

IBM Big Data Hub

DECEMBER 15, 2023

When AI algorithms, pre-trained models, and data sets are available for public use and experimentation, creative AI applications emerge as a community of volunteer enthusiasts builds upon existing work and accelerates the development of practical AI solutions.

Deep Learning 68

Deep Learning Experimentation Machine Learning Risk 68

CIO Business Intelligence

JULY 3, 2023

According to a recently leaked Google memo, “The barrier to entry for training and experimentation has dropped from the total output of a major research organization to one person, an evening, and a beefy laptop.”

Management 105

Management Experimentation Modeling Enterprise 105

CIO Business Intelligence

NOVEMBER 2, 2023

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023.

Strategy 140

Strategy Data Processing Experimentation Optimization 140

Cloudera

OCTOBER 18, 2023

Automated Research and Reporting Automate the process of gathering, analyzing, and reporting financial data and market trends, reducing the time and cost of manual research for faster decision-making. Portfolio Optimization Analyze a portfolio of investments and identify opportunities to optimize returns while managing risk.

Cost-Benefit 78

Cost-Benefit Testing Machine Learning Optimization 78

CIO Business Intelligence

APRIL 4, 2022

The early days of the pandemic taught organizations like Avery Dennison the power of agility and experimentation. The meetings covered key relationships with direct reports, peers, and key leaders across the organization. Employee crowdsourcing can yield breakthrough ideas.

Experimentation 133

Experimentation Interactive Business Objectives Manufacturing 133

IBM Big Data Hub

MAY 25, 2023

Generative AI has progressed quickly beyond experimentation; businesses are embracing it to improve customer service, seize new market opportunities and more. Executives reported they expect nearly half (48%) of the staff in their organization will use generative AI to augment their daily tasks in the next year.

Consulting 104

Consulting Experimentation Machine Learning Modeling 104

Smart Data Collective

JULY 9, 2023

One report found that global e-commerce brands spent over $16.7 These tools provide comprehensive reports and analyses that can help you understand user behavior on your website, giving you insight into vital metrics, conversion funnels, and geographical and demographic data. billion on analytics last year.

Optimization 74

Optimization Data Analytics Analytics Data-driven 74

Ontotext

MAY 31, 2023

The traditional approach to identifying new targets involves extensive experimentation and trial-and-error, which is often time-consuming, costly and may not yield desirable results. Novel target identification Novel target identification is a crucial step in drug discovery and development.

Experimentation 52

Experimentation Cost-Benefit Predictive Modeling Risk 52

IBM Big Data Hub

FEBRUARY 1, 2024

Today, more than 130 central banks are actively exploring CBDCs and publishing periodic reports on the functional and non-functional requirements of CBDC platforms, including the evolving architectural considerations and the outcomes of their various CBDC experimentations.

Experimentation 96

Experimentation Modeling Finance Reporting 96

datapine

FEBRUARY 4, 2020

An important part of a successful business strategy is utilizing a modern data analysis tool and implementing a marketing report in its core procedures that will become the beating heart of acquiring customers, researching the market, providing detailed data insights into the most valuable information for any business: is our performance on track?

Reporting 280

Reporting Marketing Advertising Metrics 280

Sisense

MARCH 26, 2021

Companies surveyed by Harvard Business Review Analytic Services (HBR) report that two of the most important strategic benefits of using data analytics are (1) identifying new revenue and business models and (2) becoming more innovative. Harvard Business Review Analytics Services Pulse Report for Sisense, March 2021. Only 23% can.

Analytics 98

Analytics Data-driven Dashboards Experimentation 98

CIO Business Intelligence

OCTOBER 18, 2023

Yet, the intense focus on gen AI has only accelerated experimentation for CIOs and vendors, including Musk, whose xAI will reportedly enter the AI arms race. CarMax CITO Shamim Mohammed confirms his company was using OpenAI’s GPT-3.x We’re using OpenAI primarily, calling ChatGPT and using a mix of GPT-4 and GPT-3.5.

Risk 141

Risk Manufacturing Enterprise Technology 141

Smart Data Collective

FEBRUARY 4, 2020

In a report on the failure rates of drug discovery efforts between 2013 and 2015, Richard K. To bring costs down and encourage further experimentation, artificial intelligence can study hundreds or thousands of patient records in search of the biomarkers the drug intends to target.

Experimentation 100

Experimentation Testing Modeling Strategy 100

CIO Business Intelligence

NOVEMBER 15, 2022

Experiment with the “highly visible and highly hyped”: Gartner repeatedly pointed out that organisations that innovate during tough economic times “stay ahead of the pack”, with Mesaglio in particular calling for such experimentation to be public and visible. on average over the next year, somewhat lower than the projected 6.5%

Digital Transformation 143

Digital Transformation Experimentation Risk Metrics 143

CIO Business Intelligence

FEBRUARY 21, 2023

“Becoming the best connected brewer is making sure we strengthen the relationships with our customers, consumers, suppliers and employees in a context that’s fully digital,” he says, who reports into the CDO and was previously senior director for global information services. There’s also a growing emphasis on improving team performance.

Digital Transformation 105

Digital Transformation Sales Experimentation Optimization 105

O'Reilly on Data

APRIL 19, 2021

The percentage of respondents reporting “mature” practices has been roughly the same for the last few years. This is almost exactly in line with the results from 2020, where 25% of the respondents reported that they had products in production (“Mature” wasn’t a possible response in the 2020 survey.). Bottlenecks to AI adoption.

Enterprise 353

Enterprise Modeling Risk Manufacturing 353

IBM Big Data Hub

MAY 9, 2023

It is well known that Artificial Intelligence (AI) has progressed, moving past the era of experimentation to become business critical for many organizations. Risk management: Manage risk and compliance to business standards, through automated facts and workflow management Identify, manage, monitor and report risks at scale.

Metadata 75

Metadata Risk Experimentation Dashboards 75

datapine

MAY 20, 2020

To put the power of CRM software (or customer relationship management dashboard software) into a living, breathing, real-world perspective, we’ll explore CRM dashboards in more detail, starting with basic definitions of such dashboards and reports while considering how you can use CRM dashboard software to your business-boosting advantage.

Dashboards 265

Dashboards Reporting KPI Visualization 265

DataRobot Blog

FEBRUARY 28, 2023

They can enjoy a hosted experience with code snippets, versioning, and simple environment management for rapid AI experimentation. This allows users to work with familiar Python syntax that gets pushed down to Snowflake to run seamlessly in a highly secure and elastic processing engine. Learn more about DataRobot hosted notebooks.

Data Processing 72

Data Processing Experimentation Machine Learning Modeling 72