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What is Model Risk and Why Does it Matter?

DataRobot Blog

This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks.

Risk 111
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The history of ESG: A journey towards sustainable investing

IBM Big Data Hub

1 Slowly but surely, institutional investors started to recognize that companies could potentially improve financial performance and risk management by focusing on ESG issues like greenhouse gas emissions. The CDP encouraged institutional investors to ask companies to report on their climate impact.

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10 fastest growing US tech hubs for IT talent

CIO Business Intelligence

between 2021 and 2022, reaching an average tech salary of $111,348 per year, according to the 2023 Dice Tech Salary Report. Salaries vary by location, with the technologists reporting the highest average salaries of $144,962 per year in Silicon Valley, the original tech hub. Salaries increased 2.3%

IT 134
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12 famous ERP disasters, dustups and disappointments

CIO Business Intelligence

Panorama Consulting Solutions, which regularly surveys businesses on the outcomes of their ERP projects, shows in its 2022 report that 81% of projects met ROI expectations a year or more after go-live. While we weren’t naïve to the risk of disruption to the business, the extent and magnitude was greater than we anticipated.”

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Leveraging generative AI on AWS to transform life sciences

IBM Big Data Hub

The industry is under tremendous pressure to accelerate drug development at an optimal cost, automate time- and labor-intensive tasks like document or report creation to preserve employee morale, and accelerate delivery. Code creation: Code co-pilot, code conversion, create technical documentation, test cases and more.

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10 Big Data Examples Showing The Great Value of Smart Analytics In Real Life At Restaurants, Bars, and Casinos

datapine

In 2017 the company wanted to take its shopping experience one step further by creating an augmented reality app that allowed users to test a product without having to leave their homes. In 2013, they took a slight risk and introduced a veggie smoothie to their previously fruit-only smoothie menu. Behind the scenes.

Big Data 244
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Cloudera and NVIDIA Help IRS Fight Fraud, Safeguard Taxpayers

Cloudera

By more effectively leveraging its petabytes of current and historical data, the IRS is working to stave off costly fraud and waste, more efficiently deliver on fundamental missions, and better protect taxpayers, including from risks such as identity theft.