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Cathay Pacific to take cloud journey to new heights

CIO Business Intelligence

Instead, the publicly held operator of Cathay Pacific Airlines and HK Express is shifting from migration to optimization mode in an effort to wrest additional benefits from its all-in cloud transformation. Even as its cloud journey reaches cruising altitude, Cathay Pacific Group IT is not slowing down.

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12 famous ERP disasters, dustups and disappointments

CIO Business Intelligence

The company was forced to develop new processes to keep information flowing around the business, and hire a third-party consultant to sort out the ERP system at a cost of $3.8 Attributing an exact cost to the ERP failure is difficult, as the company faced additional challenges from a poor avocado harvest in Mexico around the same time.

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What Is Model Risk Management and How is it Supported by Enterprise MLOps?

Domino Data Lab

With a framework and Enterprise MLOps, organizations can manage data science at scale and realize the benefits of Model Risk Management that are received by a wide range of industry verticals. It was first defined by the US Federal Reserve and Office of the Comptroller of the Currency ( SR 11-7 ) in April 2011. What Is Model Risk?

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Automating Model Risk Compliance: Model Validation

DataRobot Blog

When the FRB’s guidance was first introduced in 2011, modelers often employed traditional regression -based models for their business needs. These newer approaches often have the benefit of higher performance compared to regression-based approaches, but come at the cost of added model complexity.

Risk 52
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Six Nudges: Creating A Sense Of Urgency For Higher Conversion Rates!

Occam's Razor

Present a yummy spreadsheet that quantifies the cost of inaction , how much money you’ll lose by not delivering a 25% improvement every week. Yet, this incredible benefit was not a part of YouTube TV’s merchandizing strategy from day one. Checkout the Kimbao Sauvignon Blanc you can see sales and would buy it again rates since 2011.

Strategy 124
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Accomplish Agile Business Intelligence & Analytics For Your Business

datapine

Your Chance: Want to test an agile business intelligence solution? No matter if you need to develop a comprehensive online data analysis process or reduce costs of operations, agile BI development will certainly be high on your list of options to get the most out of your projects. Finalize testing. Train end-users.

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How The Cloud Made ‘Data-Driven Culture’ Possible | Part 1

BizAcuity

Despite cost-cutting being the main reason why most companies shift to the cloud, that is not the only benefit they walk away with. While that allows easy access to users, and saves costs, the cloud is much more and beyond that. The primary benefit is cost-savings over using multiple physical computers.