DataRobot Blog

MAY 26, 2022

To start with, SR 11-7 lays out the criticality of model validation in an effective model risk management practice: Model validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses.

Risk 52

Risk Modeling Metrics Business Objectives 52

CIO Business Intelligence

MARCH 7, 2024

Leveraging sophisticated algorithms and machine learning capabilities, ThreatHunter AI swiftly identifies and neutralizes potential threats, providing organizations with enhanced security measures. This proactive approach significantly reduces the risk of cyber attacks, safeguarding sensitive information and infrastructure.

Risk 108

Risk Machine Learning Measurement Enterprise 108

Cloudera

MAY 18, 2021

These interactions are captured and the resulting synthetic data sets can be analysed for a number of applications, such as training models to detect emergent fraudulent behavior, or exploring “what-if” scenarios for risk management. Value-at-Risk (VaR) is a widely used metric in risk management. Intraday VaR.

Risk 96

Risk Marketing Risk Management Data-driven 96

CIO Business Intelligence

NOVEMBER 6, 2023

This makes it more critical than ever to adopt strong security measures to protect sensitive information and infrastructure. A Defense in Depth strategy is essential because it helps businesses stay ahead of these risks by implementing multiple lines of defense.

Risk 118

Risk Measurement Cost-Benefit Strategy 118

Smart Data Collective

OCTOBER 8, 2023

A growing number of companies are recognizing that they need to take proactive measures to help bolster their data security. Software companies are among those most heavily affected, so they are taking dramatic measures. And today, we’ll talk about the most significant of these risks. However, they also pose a considerable risk.

Software 107

Software IoT Risk Internet of Things 107

CIO Business Intelligence

APRIL 29, 2024

To counter AI-generated threats, CIOs and CISOs must deploy AI-based defensive measures. AI-based identity management and access control technologies are essential for enhancing cybersecurity measures. This problem gets worse as you consider business partners, customers, and third-party vendors.

Finance 91

Finance Recreation/Entertainment Measurement Risk 91

CIO Business Intelligence

NOVEMBER 15, 2023

The Vancouver release of the company’s workflow automation Now Platform added the generative AI-powered Now Assist for IT Service Management, Customer Service Management, and HR Service Delivery: interactive chatbots with new text creation and summarization features tailored for three distinct areas of enterprise activity.

Measurement 129

Measurement Digital Transformation Metrics Software 129

datapine

NOVEMBER 15, 2022

Product metrics are quantitative performance measurements used by businesses to gain insights into various areas like product development, pricing, quality, and more. By using interactive KPIs, product managers can optimize product strategies to ensure business growth. What Are Product Metrics? And that’s where the big challenge lies.

Metrics 141

Metrics KPI Measurement Dashboards 141

CIO Business Intelligence

APRIL 25, 2024

This action enables sales managers to ask questions, such as which deals are at risk, and receive a summarized list of deals that could explain why a rep might not hit their quota, as well as top reasons why those deals were chosen, including close data or lack of recent activities. Forecast Guidance. Recommended Actions.

Sales 99

Sales Cost-Benefit Forecasting Measurement 99

O'Reilly on Data

JULY 28, 2020

These measures are commonly referred to as guardrail metrics , and they ensure that the product analytics aren’t giving decision-makers the wrong signal about what’s actually important to the business. When a measure becomes a target, it ceases to be a good measure ( Goodhart’s Law ). Any metric can and will be abused.

Marketing 361

Marketing Experimentation Metrics Testing 361

IBM Big Data Hub

MAY 17, 2024

To take one example, AI-facilitated tools like voice navigation promise to upend the way users fundamentally interact with a system. But as businesses around the globe rapidly adopt the technology to augment processes from merchandising to order management, there is some risk. But none of these use cases exist in a vacuum.

B2B 66

B2B Interactive Optimization Forecasting 66

Cloudera

APRIL 20, 2022

One of our insurer customers in Africa collected and analyzed data on our platform to quickly focus on their members that were at a higher risk of serious illness from a COVID infection. These segments were based on risk profiles, and the insurer implemented tailored plans to support each segment.

Insurance 98

Insurance Measurement Data Lake Risk 98

O'Reilly on Data

MAY 27, 2020

Using the new scores, Apgar and her colleagues proved that many infants who initially seemed lifeless could be revived, with success or failure in each case measured by the difference between an Apgar score at one minute after birth, and a second score taken at five minutes. Credit scores.

Risk 355

Risk Testing Reporting Measurement 355

IBM Big Data Hub

MARCH 15, 2024

When a client is not able to properly visualize all applications and their underlying dependencies properly, they risk experiencing diminished reliability. Co-creation with IBM Garage™: Ideate, build, measure, iterate and scale solutions seamlessly with our end-to-end framework of design thinking, agile and DevOps practices.

Consulting 92

Consulting Cost-Benefit Risk Measurement 92

CIO Business Intelligence

SEPTEMBER 26, 2023

Management rules typically exist to enable faultless decision-making, set a foundation for consistent operation, and provide protection from risk, observes Ola Chowning, a partner at global technology research and advisory firm ISG. Breaking a rule often happens after the CIO weighs the risk of removing or retaining a mandate,” she notes.

IT 133

IT Risk Cost-Benefit Consulting 133

datapine

OCTOBER 11, 2023

A Warehouse KPI is a measurement that helps warehousing managers to track the performance of their inventory management, order fulfillment, picking and packing, transportation, and overall operations. It allows for informed decision-making and efficient risk mitigation. Let’s dive in with the definition. What Is A Warehouse KPI?

Metrics 217

Metrics KPI Management Cost-Benefit 217

DataKitchen

FEBRUARY 27, 2024

Your LLM Needs a Data Journey: A Comprehensive Guide for Data Engineers The rise of Large Language Models (LLMs) such as GPT-4 marks a transformative era in artificial intelligence, heralding new possibilities and challenges in equal measure.

Data Quality 117

Data Quality Unstructured Data Testing Modeling 117

Smart Data Collective

SEPTEMBER 2, 2023

Simply having a graph in front of you isn’t what enables you to make better business decisions; instead, it’s your interactions with data that really matter. And unfortunately, many of those interactions can be corrupted by inherent problems with data fixation. For example: Fixation on KPIs. Misleading conclusions.

Key Performance Indicator 113

Key Performance Indicator Statistics Metrics Interactive 113

CIO Business Intelligence

MAY 20, 2024

This knowledge, generated through observation, reflection, study, and social interaction, led to a new companywide policy: “Let the grinder warm up for 15 minutes,” resulting in millions of dollars of extra profit at no additional cost. Serendipitous interactions are important for creative, innovative, or nonformulaic activities.

Management 101

Management Interactive Measurement Marketing 101

O'Reilly on Data

JUNE 16, 2020

The quality of the decision is based on known information and an informed risk assessment, while chance involves hidden information and the stochasticity of the world. Consider risk not only in terms of likelihood but also in terms of the impact of your decisions. Risk, Probability, Impact, and Decisions.

Uncertainty 273

Uncertainty Testing Risk Reporting 273

IBM Big Data Hub

MARCH 6, 2024

Measuring and improving developer productivity Measuring developer productivity, a subset of employee productivity , represents a multifaceted challenge. Key Performance Indicators (KPIs), such as story points and real-time productivity tools serve as benchmarks for consistently measuring and improving software developer productivity.

Testing 108

Testing Metrics Measurement Key Performance Indicator 108

Smart Data Collective

SEPTEMBER 19, 2022

They can also anticipate industry trends, assess risks, and make strategic steps to elevate the customer experience. Improving Risk Assessment. Data analytics fintech provides crucial information financial institutions need to build a robust risk assessment strategy. Measure the ROI from delivering a great customer experience.

Big Data 129

Big Data ROI Measurement Risk 129

CIO Business Intelligence

MARCH 12, 2024

Take the everyday interactions citizens have with government agencies when, say, applying for a license or a permit, finding out information about specific services, or even completing an annual tax return. And this is just the start.

Risk 84

Risk Measurement Interactive Technology 84

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Re-starting business operations will require risk visibility not only across the organization but vertically down through the organization as well. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

IBM Big Data Hub

APRIL 29, 2024

The platform offers a unique solution that measures repayment capabilities by using new methodology based on AI, behavioral economics, cloud technology and real-time data. With AI and hybrid cloud technologies from IBM, we are developing solutions to serve these groups in a cost-effective way while addressing risk.”

Digital Transformation 72

Digital Transformation Risk Finance Modeling 72

CIO Business Intelligence

OCTOBER 31, 2023

The edge is where the action happens, where your employees and equipment do their work, and where customers and clients interact with your brand. Unfortunately, as you extend computing out to the edge, your organization becomes increasingly vulnerable to security risks.

Manufacturing 114

Manufacturing Measurement Testing Interactive 114

CIO Business Intelligence

MAY 1, 2024

That’s critical information describing the risk of both individual customers and the entire portfolio, which has been difficult to manually extract and consolidate to use for generating new quotes, or representing the portfolio to reinsurers. What are you measuring? That’s looking at it the wrong way round.”

Cost-Benefit 135

Cost-Benefit Metrics Insurance Measurement 135

Laminar Security

DECEMBER 13, 2023

As we generate and interact with unprecedented volumes of data, the task of accurately identifying, categorizing, and utilizing this information becomes increasingly difficult. Close to 70% of respondents in an ISC report indicated that they believe their organization lacks requisite cybersecurity staff to handle cloud data risk effectively.

Data-driven 119

Data-driven Machine Learning Risk Deep Learning 119

IBM Big Data Hub

APRIL 11, 2024

Compliance with official policies through auditing tools and other measures is merely the final step. In An Overview of Catastrophic AI Risks , the authors identify several mitigations that can be addressed through governance and regulation (in addition to cybersecurity). ” Academic and scientific perspectives are also essential.

Risk 75

Risk Consulting Modeling Data Processing 75

Smart Data Collective

JUNE 1, 2022

Those that do not risk bankruptcy, as the costs of data breaches are horrifying. Usually, we find that the majority of cyber-attack victims are small businesses that are complacent with their data security measures. As the threat of data breaches grows, companies must raise the bar with their data security measures.

Revenue Optimization 139

Revenue Optimization Measurement Marketing Interactive 139

Smart Data Collective

SEPTEMBER 19, 2023

Today, there is a pressing need for non-federal networks to utilize efficient cybersecurity measures to protect the controlled unclassified information (CUI). As you interact with this article, you will learn how the publication has successfully harnessed data security in non-federal organizations.

Software 107

Software Risk Measurement Management 107

datapine

MAY 2, 2023

According to studies, 92% of data leaders say their businesses saw measurable value from their data and analytics investments. The rise of SaaS business intelligence tools is answering that need, providing a dynamic vessel for presenting and interacting with essential insights in a way that is digestible and accessible.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

datapine

OCTOBER 21, 2021

While traditional reports often include a summary, body, and conclusion in a written format, this post will focus on interactive monthly reports created with a professional dashboard creator. On the other hand, monthly performance reports can also serve as valuable tools for client reporting. What Is The Purpose Of Monthly Reporting?

Reporting 211

Reporting Dashboards Metrics Cost-Benefit 211

Smart Data Collective

JUNE 24, 2023

Fortunately, new advances in machine learning technology can help mitigate many of these risks. Machine learning technology can do wonders to help reduce the risk of cryptocurrency thefts Over the past few years, we have seen a growing number of hackers weaponize artificial intelligence.

Machine Learning 77

Machine Learning Broadcasting Risk Data mining 77

CIO Business Intelligence

NOVEMBER 6, 2023

In this evolving IT investment landscape, the definition of risk has not changed, but the timeframe for response has shortened.” Prepare for a quantum leap in hacking IT leaders must prepare for security risks — even those that are still years away, says Dietmar Fauser, CIO of Symphony. IT leaders of today must prioritize strategic HR.”

IT 135

IT Risk Technology Measurement 135

Smart Data Collective

SEPTEMBER 24, 2022

Endpoint security protection measures can also prevent or mitigate many of the worst types of cyberattacks. Unlike the previously mentioned techniques, man-in-the-middle (MITM) attacks do not rely on the user to install malware or interact with a compromised entity. Every year, businesses lose billions of dollars to cyberattacks.

Interactive 114

Interactive Risk Software Measurement 114

IBM Big Data Hub

SEPTEMBER 27, 2023

The list of challenges is long: cloud attack surface sprawl, complex application environments, information overload from disparate tools, noise from false positives and low-risk events, just to name a few. QRadar Log Insights rapidly ingests, analyzes and presents data in interactive, built-in dashboards designed by cybersecurity experts.

Cost-Benefit 96

Cost-Benefit OLAP Dashboards Visualization 96