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7 famous analytics and AI disasters

CIO Business Intelligence

MIT Technology Review has chronicled a number of failures, most of which stem from errors in the way the tools were trained or tested. But a Zillow spokesperson told CNN that the algorithm had a median error rate of 1.9%, and the error rate could be much higher, as much as 6.9%, for off-market homes. In a statement on Oct.

Analytics 145
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6 Case Studies on The Benefits of Business Intelligence And Analytics

datapine

For example, in regards to marketing, traditional advertising methods of spending large amounts of money on TV, radio, and print ads without measuring ROI aren’t working like they used to. Everything is being tested, and then the campaigns that succeed get more money put into them, while the others aren’t repeated.

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Assembly required: 8 myths about knowledge management debunked

CIO Business Intelligence

He tested this hypothesis by having some machines at the facility warm up and others not. Prior to Satya Nadella becoming CEO in 2014, Microsoft had a toxic, non-innovative culture known for information and product silos, cutthroat competition through forced ranking of employees, and office politics.

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10 Ways Organizations Can Prepare for Changes Brought on by the IoT

Smart Data Collective

These companies are going to have to struggle with reduced competitive advantages and might lose market share if they can’t reduce their price points relative to more efficient competitors. For instance, Nokia didn’t familiarize itself with market dynamics, didn’t adopt Android, and kept ignoring the importance of software updates.

IoT 112
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Regeneron turns to IT to accelerate drug discovery

CIO Business Intelligence

billion company’s scientific, commercial, and manufacturing businesses since joining the company in 2014. For McCowan, the key is to give scientists any and all tools that allow them to explore their hypotheses and test theories. It is all about the data. “And From a language perspective, scientists use Python and Jupyter Notebooks.

Data Lake 116
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Huawei’s 20-year journey in Malaysia

CIO Business Intelligence

Huawei is fully committed to creating value for the communities and markets in which it operates. As the main technology provider in the Malaysian telecommunications market in the 4G era, Huawei has long introduced industry leading technologies to Malaysian operators to support them in building the best experience networks for end users.

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What Are the Most Important Steps to Protect Your Organization’s Data?

Smart Data Collective

Stolen data can be sold on the black market or used for extortion like in the case of ransomware. By 2012, there was a marginal increase, then the numbers rose steeply in 2014. One of the best solutions for data protection is advanced automated penetration testing. They even go after meta data.

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