Remove Forecasting Remove Modeling Remove Risk Remove Uncertainty
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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

As a result, they will need to invest in data analytics tools to sustain a competitive edge in the face of growing economic uncertainty. Predictive analytics technology can help companies forecast demand One of the biggest challenges businesses face in any economy is predicting demand for their products or services.

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Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

Gen AI has the potential to magnify existing risks around data privacy laws that govern how sensitive data is collected, used, shared, and stored. We’re getting bombarded with questions and inquiries from clients and potential clients about the risks of AI.” The risk is too high.” Not without warning signs, however.

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How Private Equity Firms Can Manage Uncertainty With Scenario Modeling

Jedox

Swift changes are forcing management to rethink operating models. In the face of unprecedented uncertainty, the question is how to quickly evaluate risk, opportunities and competitively allocate capital. This requires modeling, not casual empiricism. In the face of uncertainty, investor relations are paramount.

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The trinity of errors in financial models: An introductory analysis using TensorFlow Probability

O'Reilly on Data

An exploration of three types of errors inherent in all financial models. At Hedged Capital , an AI-first financial trading and advisory firm, we use probabilistic models to trade the financial markets. All financial models are wrong. Clearly, a map will not be able to capture the richness of the terrain it models.

Modeling 133
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IT spending projected to grow despite economic headwinds

CIO Business Intelligence

According to John-David Lovelock, research vice president at Gartner, inflationary pressures are top-of-mind for most IT decision-makers at the moment, which creates a degree of uncertainty—high prices today could become even higher tomorrow. We forecast this trend is going to continue over the next couple of years.”.

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Powering the future: How Gen AI and AI illuminate utility companies

CIO Business Intelligence

While international conflict, economic uncertainty and climate change are affecting businesses of all kinds, energy companies and utilities are also dealing with aging infrastructure, constant cyberattacks, increased regulation and rising customer expectations. And by 2028, the AI spend is likely to more than quadruple to 14.257 billion USD.

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PODCAST: COVID19 | Redefining Digital Enterprises – Episode 7: The Impact of COVID-19 on Financial Services & Risk Management

bridgei2i

Episode 7: The Impact of COVID-19 on Financial Services & Risk. The Impact of COVID-19 on Financial Services & Risk Management. Additionally, institutions are finding it difficult to forecast trends, as historical data isn’t relevant anymore. PODCAST: COVID 19 | Redefining Digital Enterprises. Management.