Remove 2020 Remove Measurement Remove Modeling Remove Uncertainty
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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Tata Consultancy Services experienced its slowest profit growth since 2020 in the December quarter, and Infosys failed to meet its quarterly profit expectations.

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How to Move from Real-Time Data to Real-Time Decisions

CIO Business Intelligence

In How to Measure Anything , Douglas Hubbard offers an alternative definition of “measurement” to the Oxford English Dictionary’s “the size, length, or amount of something.” Hubbard defines measurement as: “A quantitatively expressed reduction of uncertainty based on one or more observations.”.

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Humans and AI: How Should You Talk About AI? Be Positive or Give Warnings?

DataRobot

In a July 2020 interview with the New York Times , Musk expressed his opinion that London research lab DeepMind is a “top concern” when it comes to artificial intelligence. AI and Uncertainty. Some people react to the uncertainty with fear and suspicion. This finding held regardless of the characteristics of the uncertainty.

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How CFOs Can Lead With Foresight

Jedox

The depth and breadth of the 2020 crisis caught many unaware. The unprecedented uncertainty forced companies to make critical decisions within compressed time frames. Many pre-crisis business assumptions and planning models became outmoded overnight. This placed an acute spotlight on planning agility. Conclusion.

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Covid Data: An anomalous blip, or the new normal?

Cloudera

A recent McKinsey survey, cited in CRN , shows that worldwide, 58 percent of customer interactions were digital as of July 2020. Insurance and finance are two industries that rely on measuring risk with historical data models. To facilitate risk modeling in this new normal, agility and flexibility is required.

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From Triage to Recovery: The New F&A Journey

Jet Global

Fortunately, the level of uncertainty has fallen considerably, as many businesses are beginning to re-open, albeit with some restrictions and under capacity restrictions. Maintain close relationships with key suppliers and consider taking measures to defend against supply chain interruptions.

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How to create a culture of innovation

CIO Business Intelligence

So much has changed since the early days of 2020 when the COVID-19 pandemic forced organizations to rethink where and how people work. The team was given time to gather and clean data and experiment with machine learning models,’’ Crowe says. That starts to get people familiar with the agile model.”. Elixirr Consulting.