Rocket-Powered Data Science

OCTOBER 6, 2023

The point is that the 100% association between the event and the preceding condition has no special predictive or prescriptive power. In statistical terms, the joint probability of event Y and condition X co-occurring, designated P(X,Y), is essentially the probability P(Y) of event Y occurring. How does that work in practice?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

IBM Big Data Hub

OCTOBER 17, 2023

This variability comes from material inconsistency (raw material comes from earth), varying weather conditions, machine conditions and the human inability to operate the processes at top efficiency 24 hours a day, every day of the week. They use high temperature heat in many of their processes that is primarily driven by fossil fuel.

Modeling 105

Modeling Optimization Manufacturing Forecasting 105

IBM Big Data Hub

JANUARY 26, 2024

Taking it a step further, autonomous networks (AN) promise to utilize intents as inputs to autonomously self-configure, self-optimize and self-heal networks as their conditions evolve. As a result, networks have become increasingly hard to manage.

IoT 105

IoT Data-driven Interactive Management 105

CIO Business Intelligence

JULY 31, 2023

I was tasked with generating dynamic terms and conditions. There was conditional verbiage that depended on the type of product being purchased, as well as which US state the customer was located in due to legal requirements. The ability to override the default terms and conditions was explicitly requested by the same person.

Software 98

Software Data-driven Risk Manufacturing 98

CIO Business Intelligence

MARCH 23, 2023

of its workforce, over the next 18 months to reduce costs amid uncertain macroeconomic conditions. Uncertain macroeconomic conditions have forced technology companies to announce massive layoffs since 2022 through 2023. IT services and consultancy firm Accenture said it would lay off 19,000 staffers, or 2.5% billion to $16.7

Uncertainty 97

Uncertainty Cost-Benefit Consulting Digital Transformation 97

DataKitchen

AUGUST 24, 2023

Five Pillars of Data Journeys Data Journey First DataOps The Terms and Conditions of a Data Contract are Data Tests “You Complete Me,” said Data Lineage to Data Journeys. In many ways, they all have the same problems. They have built data and analytic systems with great hope of success.

Data-driven 130

Data-driven Forecasting Metrics Dashboards 130

IBM Big Data Hub

JUNE 29, 2023

To be successful, businesses need to have clear, real-time visibility into the condition of their assets and a plan to keep them running smoothly and make repairs quickly when things break. Before we dive into it, let’s take a look at some relevant terms. What is an asset? What is asset reliability?

Cost-Benefit 86

Cost-Benefit Measurement Management Predictive Analytics 86

CIO Business Intelligence

FEBRUARY 8, 2024

The successful long-term relationships we have observed were built on mutual trust and the vendors’ clear understanding of the client’s priorities.” Vendor partnerships are becoming increasingly vital to IT agendas today. Here are several key tips for making the most of vendor relationships.

Management 126

Management Scorecard Cost-Benefit Key Performance Indicator 126

CIO Business Intelligence

JANUARY 31, 2024

Through various tactics — including threatening to pursue a smaller firm’s key workers directly, with aggressive salary and benefit increases — the world’s largest technology firms can leverage their positions to get favorable terms in an acquisition, which brings the smaller company’s workers into the larger company anyway.

IT 103

IT Marketing Enterprise Publishing 103

IBM Big Data Hub

FEBRUARY 15, 2024

The impacts of climate change may be organized into three categories: Intensifying extreme weather events Changes to natural ecosystems Harm to human health and well-being Extreme weather events While climate change is defined as a shift in long-term weather patterns, its impacts include an increase in the severity of short-term weather events.

Insurance 65

Insurance Risk Strategy Risk Management 65

IBM Big Data Hub

FEBRUARY 20, 2024

The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. These proactive measures are made possible by evolving technologies designed to help people adapt to the effects of climate change today. But what will the impacts of climate change be in the future?

Modeling 121

Modeling Forecasting Reporting Risk 121

CIO Business Intelligence

JANUARY 23, 2024

In addition, Intuit will also need to clearly disclose the “terms, conditions and obligations” required for consumers to use their “free” goods or services. Alternatively, the company will need to reveal the percentage of consumers who qualify for its free services. The FTC voted 3-0 to issue this order against Intuit.

Advertising 92

Advertising Software Enterprise IT 92

Cloudera

JANUARY 26, 2024

Data consumer: Derives insights and value from data assets and is keen to understand the quality and consistency of tags and terms applied to the data. Glossaries and terms created for the three main business units: “Finance,” “Insurance,” and “Automotive.” First, a set of initial metadata objects are created by the data steward.

Metadata 73

Metadata Data Governance Management Finance 73

CIO Business Intelligence

SEPTEMBER 20, 2022

Of course, there may be budget pressure in the future, but over the long term, to them—and to us—tech is not so much a cost as an investment that spurs productivity.”. CIOs and CTOs are increasing their technology spending,” he wrote in the report. “Of

IT 135

IT Sales Manufacturing Reporting 135

Smart Data Collective

JULY 19, 2021

Data analytics technology has been very beneficial for many consumers around the world. You can use data mining and analytics technology to make more informed decisions about purchases that you intend to make. One way that many people benefit from data analytics technology is that it can help them when they need to access financial services.

Data Analytics 136

Data Analytics Data mining Analytics Cost-Benefit 136

CIO Business Intelligence

MARCH 20, 2023

Even AWS has not been immune to current macroeconomic conditions. Revenue growth slowed sharply in the fourth quarter of 2022, to 20% in year-on-year terms. Amazon CFO Brian Olsavsky, on a recent earnings call, said that the company expects economic conditions to continue to act as a brake on revenues for the better part of 2023. “As

Advertising 95

Advertising Insurance Technology Optimization 95

CIO Business Intelligence

FEBRUARY 10, 2023

Organizations use predictive analytics to sift through current and historical data to detect trends and forecast events and conditions that should occur at a specific time, based on supplied parameters. The science of predictive analytics can generate future insights with a significant degree of precision.

Predictive Analytics 144

Predictive Analytics Analytics Predictive Modeling Forecasting 144

Smart Data Collective

AUGUST 11, 2022

Determine the best payment terms for customers. It is best to communicate your payment conditions with a customer before you initiate any transaction. However, you should discuss these terms with the customers and get them to agree with the given conditions. Let them know your payment system. Send automated reminders.

Data Analytics 116

Data Analytics Optimization Analytics Cost-Benefit 116

IBM Big Data Hub

SEPTEMBER 6, 2023

.” Ideally, a budget should give the most accurate and timely idea of anticipated revenues and expenses. However, the traditional budgeting process, in its pursuit of precision and consensus, can take several months. By the time the budget is finalized and approved, it might already be outdated. Far from it.

Forecasting 89

Forecasting Marketing Risk Sales 89

CIO Business Intelligence

FEBRUARY 3, 2023

Starting back in the middle of the third quarter of 2022, we saw our year-over-year growth rates slow as enterprises of all sizes evaluated ways to optimize their cloud spending in response to the tough macroeconomic conditions,” Brian Olsavsky, chief financial officer at Amazon, said during an earnings call with analysts.

Uncertainty 98

Uncertainty Advertising Optimization Reporting 98

BA Learnings

JANUARY 10, 2018

These holes may be due to "active failures" or "latent conditions”. Latent conditions can be highlighted and corrected via effective risk management before problems manifest in the system. Incidents within an organization may arise due to a combination of both latent conditions and active failures.

Risk Management 183

Risk Management Risk Interactive Modeling 183

O'Reilly on Data

JUNE 15, 2023

Most notably, The Future of Life Institute published an open letter calling for an immediate pause in advanced AI research , asking: “Should we let machines flood our information channels with propaganda and untruth? Should we automate away all the jobs, including the fulfilling ones? Should we risk loss of control of our civilization?”

Metrics 283

Metrics Reporting Measurement Finance 283

Cloudera

MARCH 4, 2024

Data consumer: Derives insights and value from data assets and is keen to understand the quality and consistency of tags and terms applied to the data. Glossaries and terms created for the three main business units: “Finance,” “Insurance,” and “Automotive.” First, a set of initial metadata objects are created by the data steward.

Metadata 52

Metadata Data Governance Management Finance 52

CIO Business Intelligence

MARCH 15, 2023

Articulate how the budget could look in terms of operating and capital expenditure over the next 12 months, acknowledging that termination clauses and knowledge transfer may limit the speed of battening down the hatches, and that cancelling some investments are riskier than others. Securing the technical estate from bad actors?

Uncertainty 94

Uncertainty Cost-Benefit Forecasting Insurance 94

Ontotext

MARCH 5, 2024

I also want to pass a descriptive term of “small”, “medium”, or “large” about the planet’s diameter to that receiving application, so I wrote a function to do that mapping as well. For my experiment, I used the sample Star Wars dataset that you can download from the first paragraph of GraphDB’s Visualize and explore documentation page.

Data Quality 52

Data Quality Testing Visualization Management 52

CIO Business Intelligence

OCTOBER 23, 2023

A poll of public and private sector leaders in the latest World Economic Forum’s Global Risk Report 2022 found that environment-related threats, including climate action failure and extreme weather events, topped the lists of short and long-term global risks.

Strategy 92

Strategy Risk Data Processing Finance 92

CIO Business Intelligence

FEBRUARY 28, 2024

The centralized view provided by SD-WAN facilitates on-the-fly configuration changes, ensuring adaptability in the face of varying network conditions. The conventional approach involves configuring and maintaining each router individually, which often lacks the flexibility required for the dynamic needs of modern businesses.

Cost-Benefit 98

Cost-Benefit Digital Transformation ROI Strategy 98

IBM Big Data Hub

MAY 1, 2023

Along with the explosion of information technology in the 1950’s, the term ‘artificial intelligence’ (AI) was coined by John McCarthy in 1956. It is used to return a prediction or result based on conditional probability. It turned out to be a fraud, with a human player behind the machine.

Insurance 82

Insurance Predictive Modeling Cost-Benefit Statistics 82

Smart Data Collective

FEBRUARY 1, 2023

Data analysis allows Town X’s hospital to anticipate what sort of medical conditions these high obesity levels will produce, and plan accordingly. Nursing professionals will need to appreciate the importance of big data and know how to use it effectively. Keep reading to learn more. It’s a big deal. So, what’s out there?

Data Analytics 117

Data Analytics Analytics Big Data Internet of Things 117

IBM Big Data Hub

DECEMBER 4, 2023

The Digital Operational Resilience Act (DORA) is a landmark piece of legislation in the European Union (EU) that is designed to help fortify the operational resilience of the financial sector, making it fit for purpose in the digital age. On the surface, this might seem to complicate matters.

Risk Management 94

Risk Management Risk Cost-Benefit Business Services 94

CIO Business Intelligence

MAY 23, 2023

Broadcom has grown by building on the innovations of businesses with critical products, a strong track record, and significant long-term growth potential. Broadcom has grown by building on the innovations of businesses with critical products, a strong track record, and significant long-term growth potential.

Uncertainty 140

Uncertainty Cost-Benefit Risk Technology 140

Jet Global

FEBRUARY 11, 2021

In the presence of significant financial hardship, some enterprises have reviewed their contractual arrangements with third parties to ascertain whether they remain bound by them or have attempted to renegotiate key terms.”. Learn more about Longview Transfer Pricing from insightsoftware. The arm’s length principle.

Reporting 98

Reporting Uncertainty Risk Enterprise 98

CIO Business Intelligence

OCTOBER 20, 2023

The more data the better in terms of informed decision-making, but only if it is up-to-date and synchronized across systems. IT teams hold a lot of innovation power, as effective use of emerging technologies is crucial for informed decision-making and is key to staying a beat ahead of the competition.

Data Integration 126

Data Integration Management Testing Software 126

IBM Big Data Hub

FEBRUARY 28, 2024

They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power. They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power.

Strategy 104

Strategy Technology Cost-Benefit Risk Management 104

AWS Big Data

MARCH 28, 2024

Proven condition monitoring rules are already built-in but can also be user defined via the user interface. The condition monitoring and rule evaluation system is built on AWS, using AWS analytics services. Every day, millions of glass bottles, cans, and PET containers run through a Krones line. So how to detect a failure?

Management 79

Management Broadcasting IoT Metrics 79

IBM Big Data Hub

AUGUST 8, 2023

Transportation infrastructure—a broad term that encompasses the networks of fixed installations that ensure safe transport of people and goods—is a critical part of thriving, modern economies. In the Asia Pacific region, the Asian Development Bank announced that USD 1.7

Internet of Things 69

Internet of Things IoT Cost-Benefit Optimization 69

CIO Business Intelligence

MARCH 7, 2023

Vince Kellen understands the well-documented limitations of ChatGPT, DALL-E and other generative AI technologies — that answers may not be truthful, generated images may lack compositional integrity, and outputs may be biased — but he’s moving ahead anyway. We also use it to write job descriptions that are sensitive to our content and formatting.

Enterprise 111

Enterprise IT Experimentation Unstructured Data 111