Remove 2016 Remove Data-driven Remove Risk Remove Testing
article thumbnail

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. This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. What is a model?

Risk 111
article thumbnail

Belcorp reimagines R&D with AI

CIO Business Intelligence

These circumstances have induced uncertainty across our entire business value chain,” says Venkat Gopalan, chief digital, data and technology officer, Belcorp. “As The R&D laboratories produced large volumes of unstructured data, which were stored in various formats, making it difficult to access and trace.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Upgrade Journey: The Path from CDH to CDP Private Cloud

Cloudera

Cloudera delivers an enterprise data cloud that enables companies to build end-to-end data pipelines for hybrid cloud, spanning edge devices to public or private cloud, with integrated security and governance underpinning it to protect customers data. ACID transactions, ANSI 2016 SQL SupportMajor Performance improvements.

Testing 131
article thumbnail

Big Data: The Technology Behind Retailers Success

Smart Data Collective

Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Big data in retail help companies understand their customers better and provide them with more personalized offers. Big data is a not new concept, and it has been around for a while. Source: Statista.

Big Data 125
article thumbnail

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

Smart Data Collective

In the modern world of business, data is one of the most important resources for any organization trying to thrive. Business data is highly valuable for cybercriminals. They even go after meta data. Big data can reveal trade secrets, financial information, as well as passwords or access keys to crucial enterprise resources.

Testing 124
article thumbnail

What Are State-Sponsored Cyber Attacks and Do They Use AI?

Smart Data Collective

You can find numerous examples of this, such as the hacking attempts that it conducted against the United States during the 2016 Presidential Election. The Indian government has also engaged in AI-driven hacking attempts through the use of Pegasus software against journalists. Russia isn’t alone in sponsoring cyber attacks.

article thumbnail

Microsoft’s latest OpenAI investment opens way to new enterprise services

CIO Business Intelligence

The company has been a supporter of OpenAI’s quest to build an artificial general intelligence since its early days, beginning with its hosting of OpenAI experiments on specialized Azure servers in 2016. That app, Microsoft Designer , is currently in closed beta test. They cannot ignore it: They have to pilot it,” she said.