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What is Model Risk and Why Does it Matter?

DataRobot Blog

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. When business decisions are made based on bad models, the consequences can be severe. When business decisions are made based on bad models, the consequences can be severe. What is a model?

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

Domino Data Lab

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. An enterprise starts by using a framework to formalize its processes and procedures, which gets increasingly difficult as data science programs grow. What Is Model Risk? Types of Model Risk.

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Cathay Pacific to take cloud journey to new heights

CIO Business Intelligence

But in this next cloud optimization phase, the airliner will focus on enhancing the security and performance of these workloads on the cloud, says Nair, who was hired by Cathay in 2011 as an application service manager, working his way up to his current position 10 years later.

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From CIO to CEO: XPO’s Mario Harik on leveling up

CIO Business Intelligence

Here, we discuss Harik’s vision for growth for the logistics firm, how data and IT play a vital role in that, and how CIOs who aspire to be CEOs should approach IT as an innovative means for achieving high returns on invested capital. Data will be central to our growth as well. How did you move from CIO to CEO of XPO?

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Ethics Sheet for AI-assisted Comic Book Art Generation

Cloudera

The state of the art in AI systems for artistic tasks almost universally use deep-learning models, which presuppose a significant amount of compute resources both to create them, and once created to continue to use them for producing images. Data — where does it come from? Access — who can use it? arXiv, January 26, 2021.

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What is a chief digital officer? A digital strategist and evangelist in chief

CIO Business Intelligence

Chief digital officers oversee the adoption of digital technologies across an organization, transforming business strategy using technology and data, and evangelizing how people, processes, and technology can enable that digital vision. The chief digital officer role. Chief digital officer responsibilities.

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The Top Three Entangled Trends in Data Architectures: Data Mesh, Data Fabric, and Hybrid Architectures

Cloudera

Data teams have the impossible task of delivering everything (data and workloads) everywhere (on premise and in all clouds) all at once (with little to no latency). Each of these trends claim to be complete models for their data architectures to solve the “everything everywhere all at once” problem. Data mesh defined.