Forecasting uncertainty at Airbnb
O'Reilly on Data
MARCH 28, 2019
Theresa Johnson outlines the AI powering Airbnb’s metrics forecasting platform. Continue reading Forecasting uncertainty at Airbnb.
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O'Reilly on Data
MARCH 28, 2019
Theresa Johnson outlines the AI powering Airbnb’s metrics forecasting platform. Continue reading Forecasting uncertainty at Airbnb.
The Unofficial Google Data Science Blog
DECEMBER 14, 2021
by AMIR NAJMI & MUKUND SUNDARARAJAN Data science is about decision making under uncertainty. Some of that uncertainty is the result of statistical inference, i.e., using a finite sample of observations for estimation. But there are other kinds of uncertainty, at least as important, that are not statistical in nature.
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Generative AI Deep Dive: Advancing from Proof of Concept to Production
Understanding User Needs and Satisfying Them
Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You Need to Know
Leading the Development of Profitable and Sustainable Products
Dataiku
JULY 6, 2022
Which metrics should be reported? In this article, we relate our experience in building an evaluation framework for Uncertainty Quantification (UQ) in ML. How can we ensure enough diversity in the selected datasets? Which baselines should be included for fair comparison?
Generative AI Deep Dive: Advancing from Proof of Concept to Production
Understanding User Needs and Satisfying Them
Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You Need to Know
Leading the Development of Profitable and Sustainable Products
AWS Big Data
JUNE 27, 2023
Our previous solution offered visualization of key metrics, but point-in-time snapshots produced only in PDF format. In this post, we discuss how we built a solution using QuickSight that delivers real-time visibility of key metrics to public sector recruiters.
Jet Global
FEBRUARY 2, 2023
Due to the Infrastructure Investment and Jobs Act of 2022 in the United States, nonresidential construction is expected to continue expanding despite expected uncertainty in 2023. To effectively manage productivity and profitability, you must make strategic and tactical metrics work for you. trillion worldwide by 2030.
Jet Global
MAY 15, 2020
Tracking real estate industry metrics is crucial to your organization’s success. With current market uncertainty, it’s important to understand and track the benchmarks that drive your firm—industry trends, regulatory changes, new accounting standards, cost and profitability, as well as guidance on cash flows. Ready to learn more?
Jet Global
NOVEMBER 16, 2021
Logistics KPIs can measure a variety of metrics, most of which pertain to purchasing, warehousing, transportation, delivery of goods, and financials. Logistics KPIs can measure a variety of metrics, most of which pertain to purchasing, warehousing, transportation, delivery of goods, and financials. How to Build Useful KPI Dashboards.
The Unofficial Google Data Science Blog
APRIL 23, 2024
the weight given to Likes in our video recommendation algorithm) while $Y$ is a vector of outcome measures such as different metrics of user experience (e.g., Crucially, it takes into account the uncertainty inherent in our experiments. Here, $X$ is a vector of tuning parameters that control the system's operating characteristics (e.g.
CIO Business Intelligence
JANUARY 6, 2023
The economists lament, “ A thick fog of uncertainty still surrounds us.” Uncertainty is our jam.” minutes of downtime per year), and expanding digital capabilities in a world characterized by massive economic, political, social, and technological uncertainty. After all, uncertainty is the one certainty.
O'Reilly on Data
JUNE 15, 2023
If we want prosocial outcomes, we need to design and report on the metrics that explicitly aim for those outcomes and measure the extent to which they have been achieved. There is no simple way to solve the alignment problem. But alignment will be impossible without robust institutions for disclosure and auditing.
Sisense
APRIL 20, 2020
Through understanding past crises and recent data in the world around us, we want to help everyday people understand how their choices will lead to a better outcome, dispel uncertainty and use data to chart, draw, and paint a better future.
Occam's Razor
APRIL 8, 2013
To win in business you need to follow this process: Metrics > Hypothesis > Experiment > Act. We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. That metric is tied to a KPI.
CIO Business Intelligence
SEPTEMBER 15, 2023
Salesforce sees boomerang hires as a new success metric, the top executives said, adding that there still might be strategic layoffs in the future. The top executives said that some of the new positions are more likely to be filled by what the company terms as “boomerang” hires.
O'Reilly on Data
MARCH 27, 2019
Forecasting uncertainty at Airbnb. Theresa Johnson outlines the AI powering Airbnb’s metrics forecasting platform. Watch " Forecasting uncertainty at Airbnb.". Watch " Winners of the Strata Data Awards 2019.". It’s in the game: A rare look into how EA brought data science into the creative process of game design.
CIO Business Intelligence
SEPTEMBER 20, 2023
They are afraid of failure and the uncertainty of knowledge work, and so that’s stressful. Agile is an amazing risk management tool for managing uncertainty, but that’s not always obvious.” The key is recognizing that planning must be an agile discipline, not a standalone activity performed independently of agile teams.
DataKitchen
SEPTEMBER 21, 2023
The uncertainty of not knowing where data issues will crop up next and the tiresome game of ‘who’s to blame’ when pinpointing the failure. Moreover, advanced metrics like Percentage Regional Sales Growth can provide nuanced insights into business performance. One of the primary sources of tension?
O'Reilly on Data
MARCH 31, 2020
Machine learning adds uncertainty. Underneath this uncertainty lies further uncertainty in the development process itself. There are strategies for dealing with all of this uncertainty–starting with the proverb from the early days of Agile: “ do the simplest thing that could possibly work.”
Cloudera
DECEMBER 3, 2021
Systems should be designed with bias, causality and uncertainty in mind. Uncertainty is a measure of our confidence in the predictions made by a system. We need to understand and provide the greatest human oversight on systems with the greatest levels of uncertainty. System Design. Human Judgement & Oversight. Model Drift.
Smart Data Collective
AUGUST 18, 2021
Although widely used, keyword scanning software alone simply doesn’t generate sufficient success metrics when sifting through candidate resumes. Even though you may hit it off with a candidate in an interview and be impressed with their resume, that doesn’t necessarily mean they’re the right fit for your business. Retaining staff.
Rocket-Powered Data Science
JULY 19, 2023
For example, an exploration of historical data may reveal that an increase in customer satisfaction (or dissatisfaction) with one particular product is correlated with some other satisfaction (or dissatisfaction) metric downstream at a later date.
Jet Global
MARCH 27, 2020
Now that every industry is facing a prolonged period of uncertainty, having access to accurate, up-to-date information is more critical than ever. With so much uncertainty on the horizon, everyone in the construction industry needs to be at the top of their game , especially in terms of finance and accounting. Bonding Capacity.
CIO Business Intelligence
FEBRUARY 7, 2023
In economic uncertainty, it’s natural for executives to explore where to reduce spending, trim the fat , so to speak, and cut enterprising investments as a matter of caution. But this thinking is also counter-productive for all the reasons that make uncertainty so predictable. There’s much to be done.
Jet Global
SEPTEMBER 28, 2020
COVID-19 introduces another level of uncertainty. Therefore, decision-makers need to track this metric constantly (ideally in real time) rather than getting weekly, daily, or even hourly updates. Lenders use this metric to inform financing decisions, which many utilities will need in the coming years to cover new construction costs.
Smart Data Collective
JULY 1, 2023
Consistency and agreement Establish an agreement metric (e.g., Address their questions and clarify any uncertainties promptly. Establish metrics for review Create specific metrics for measuring annotation quality and use them to evaluate both individual annotators and the overall annotation process.
CIO Business Intelligence
NOVEMBER 15, 2022
Resilient cybersecurity Despite the clamour for new digital investments, Gartner’s analysts did recognise that this would represent a new cybersecurity risk, with some attributing the increased spending in security over the next year down to ongoing uncertainty regarding Russia’s invasion of Ukraine.
IBM Big Data Hub
SEPTEMBER 11, 2023
Government executives face several uncertainties as they embark on their journeys of modernization. The pain point tracker clusters the foundational data in which value metrics are then applied. frequency (how many occurrences?), time (how much time is lost?)
CIO Business Intelligence
APRIL 27, 2023
At this time of dynamic business and market changes, uncertainty, and quickly evolving consumption models for IT infrastructure, every IT executive understands the benefits and necessity of network agility. Agile networks can respond quickly to changes in the market, customer demands, employee requirements, and technology advances.
The Unofficial Google Data Science Blog
DECEMBER 4, 2019
This classification is based on the purpose, horizon, update frequency and uncertainty of the forecast. A single model may also not shed light on the uncertainty range we actually face. These characteristics of the problem drive the forecasting approaches.
CIO Business Intelligence
JUNE 8, 2022
Digital disruption, global pandemic, geopolitical crises, economic uncertainty — volatility has thrown into question time-honored beliefs about how best to lead IT. Thriving amid uncertainty means staying flexible, he argues. . Demand transparency on everything — especially on metrics — and be transparent back.
Jet Global
DECEMBER 3, 2019
PeopleSoft data automatically upload into dozens of pre-built templates designed to track the most important metrics and processes related to enterprise performance. The reports themselves even have drill-down capabilities that show users the data behind each metric. Taking Full Advantage of Better Data.
The Unofficial Google Data Science Blog
JULY 18, 2023
Once we’ve answered that, we will then define and use metrics to understand the quality of human-labeled data, along with a measurement framework that we call Cross-replication Reliability or xRR. We will follow the example of Janson and Olsson , and start from this generalized definition of the metric, which they call iota.
O'Reilly on Data
OCTOBER 13, 2020
Ideally, AI PMs would steer development teams to incorporate I/O validation into the initial build of the production system, along with the instrumentation needed to monitor model accuracy and other technical performance metrics. But in practice, it is common for model I/O validation steps to be added later, when scaling an AI product.
DataKitchen
OCTOBER 2, 2023
A Data Journey supplies real-time statuses and alerts on start times, processing durations, test results, and infrastructure events, among other metrics. Data Journeys track and monitor all levels of the data stack, from data to tools to code to tests across all critical dimensions.
CIO Business Intelligence
MARCH 23, 2023
As the world continues to experience economic uncertainty, IT leaders look to tighten budgets, consolidate tools and resources, and generally become more risk-averse when evaluating new investments. Consider your company scorecard: Your procurement team has a scorecard with clear metrics to evaluate purchase decisions. to just 2.2%
CIO Business Intelligence
SEPTEMBER 22, 2022
And they introduced this idea, the VUCA world: Volatile, Uncertainty, Complex, and Ambiguous. So while vision will be disproportionately rewarded, uncertainty yields to understanding, complexity yields to clarity, and ambiguity yields to agility. On metrics: It’s been said a lot that data is the new oil.
Smart Data Collective
FEBRUARY 14, 2023
Their research showed that economic policy uncertainty indicators and CBOE volatility index (VIX) indicators are better for predicting market volatility than financial indices. Therefore, these metrics are likely to be used by most predictive analytics tools used to ascertain risk. Are there any risks associated with asset allocation?
CIO Business Intelligence
JUNE 2, 2022
Businesses today have faced greater levels of uncertainty than ever before. Time saved is an important metric for any DevOps administrator. By Milan Shetti, CEO Rocket Software. Ease of implementation and use.
Jedox
DECEMBER 17, 2020
As businesses around the world look to move past the uncertainty and unprecedented change of 2020 and toward a fresh start in 2021, the discussion around FP&A maturity has been renewed. A: Rather than just a set of specific metrics, it is often more about how they organize themselves.
Andrew White
DECEMBER 16, 2019
See Data and Analytics Strategies Need More-Concrete Metrics of Success. The article notes this as cognitive uncertainty. But it happens to relate closely to our analysis of business metrics and ROI being used to justify investment and report success. As such an ROI would have been impossible. It’s called ROAR.
CIO Business Intelligence
APRIL 12, 2023
While customers worried about the uncertainty of orders being filled, customer service representatives were required to navigate through 10 different systems and data sources for answers. With workers dependent on a disjointed network, the conditions created by the pandemic made it all but impossible to consistently satisfy demand.
Jet Global
OCTOBER 4, 2021
You measure it using three common financial metrics, namely, days of inventory (DOI), days of payables (DOP), and days sales outstanding (DSO). Although this may seem more like a financial metric, the cash to cash cycle time says a great deal about the efficiency of your supply chain management practices. #2. Perfect Order Rate.
Jet Global
JUNE 23, 2020
As companies grapple with economic shutdowns, plummeting revenues, market instability, and economic uncertainty now and into the foreseeable future, they need financial insights more than ever before. Every accounting department handles financial reporting differently depending on its metrics, strategy, or audience.
Jet Global
OCTOBER 8, 2020
And it’s possible to become lost in the minutiae of the many different metrics available to measure an organisation’s AR capabilities. Analysing the necessary data is a massive undertaking, and one that can draw finance professionals away from other tasks.
Alation
OCTOBER 26, 2021
The glossary includes the definition of the metric and can point to the specific table containing the formula from which it is calculated. Data governance: Alation allows finance teams to easily identify business metric owners and connect these experts to the underlying data they know best, which supports better governance.
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