CIO Business Intelligence

MARCH 8, 2023

I was doing some work in a trust in the English NHS and we gave everybody tools, laptops and mobile solutions, and redesigned the operating model and how we worked together. A new way of delivering vaccines and vaccine management and convenient booking capabilities was also big. Watch the full video below for more insights.

Insurance 94

Insurance Digital Transformation Interactive Risk 94

bridgei2i

APRIL 27, 2020

Meanwhile, you might have, like many of us, booked an airline ticket to go somewhere. In this case, some airlines have been able to use a blanket message on the website by saying any tickets booked during the period will be automatically routed to a credit-shell account. A summer holiday to an exotic destination, say.

Uncertainty 91

Uncertainty Machine Learning Reporting Interactive 91

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

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Risk Manufacturing Enterprise Technology 134

CIO Business Intelligence

SEPTEMBER 15, 2022

How do you lead with compassion and kindness while holding people accountable, managing uncertainty, and delivering results? In his book The CIO Edge: Seven Leadership Skills You Need to Drive Results , Graham Waller advises ‘embrace your softer side’ and ‘build people, not systems.’

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Uncertainty Marketing Modeling Technology 105

CIO Business Intelligence

SEPTEMBER 12, 2022

The team was given time to gather and clean data and experiment with machine learning models,’’ Crowe says. It requires bold bets and a willingness to persevere despite setbacks, criticism, and uncertainty,’’ wrote McKinsey senior partners Laura Furstenthal and Erik Roth in a recent blog post. “By Elixirr Consulting.

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Experimentation Consulting Technology Machine Learning 127

Sisense

MARCH 24, 2020

BA claimed that a continued investment in analytics during the crisis was a critical factor to streamlining marketing activities and thwarting fraudulent bookings when their business was especially fragile. Now is the time to apply the full force of business intelligence used by analytics teams to help navigate growing uncertainty.

Analytics 94

Analytics Sales Forecasting Business Intelligence 94

Occam's Razor

APRIL 8, 2013

This thought was in my mind as I was reading Lean Analytics a new book by my friend Alistair Croll and his collaborator Benjamin Yoskovitz. Let's listen in as Alistair discusses the lean analytics model… The Lean Analytics Cycle is a simple, four-step process that shows you how to improve a part of your business.

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Metrics KPI Analytics Key Performance Indicator 156

Sisense

APRIL 13, 2020

In fact, reading books and listening to audiobooks is up 35% worldwide as of March 2020, due to the COVID-19 pandemic. I asked my Sisense colleagues to share some of their favorite book titles that they have loved and learned from. In that spirit, one thing we all have in common is that we’re all online. Davenport and Jeanne G.

Uncertainty 83

Uncertainty Marketing Digital Transformation Forecasting 83

bridgei2i

MAY 4, 2020

Anirban believes that insurers can make the best of the situation by adopting digital practices with AI-tools to stay resilient in the face of uncertainty. And in some ways, the traditional models need to be re-looked or revamped. Tune in for more details and subscribe now! Subscribe Now. Transcript. Anushruti: Hi, everyone.

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Insurance Enterprise Sales Digital Transformation 95

Jen Stirrup

DECEMBER 14, 2018

I’m also starting to write another book, which will be my fourth published book, and that will require focus. Markets, and businesses, do not like uncertainty. I’m writing my fourth book in Business Intelligence and I’ve edited another two. I am not going to share here. So I do talk but I also deliver.

Consulting 56

Consulting Business Intelligence Data Science Marketing 56

bridgei2i

JUNE 2, 2020

And then there’s uncertainty on when this will come back to normal, what will it settle down as, etc. As past data isn’t relevant anymore, current models aren’t going to work. Anything that needs physical presence either of their customers or their employees in a branch or site is seeing such impact. Tune in for more.

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Risk Management Risk Enterprise Management 128

bridgei2i

MAY 4, 2020

While customer confidence also takes time to recover from rising unemployment, the economic uncertainty, and anxiousness. But with that said, we do see a lot of newer business models emerging, new channels of customer engagement, and definitely bigger and newer business problems. So overall, digital is just more important than ever.

Enterprise 91

Enterprise Digital Transformation Sales Recreation/Entertainment 91

CIO Business Intelligence

MARCH 29, 2022

It’s also important to go back to raw data to ask new questions and train new models, particularly as the world is constantly changing. Approximately duplicated data sets may introduce uncertainty about data quality. That, in turn, makes it more likely to find the ones that pay off. You have data but don’t use it.

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Cost-Benefit Machine Learning Metadata Data Quality 52

bridgei2i

JULY 8, 2020

This is probably the first time ever that we are witnessing a demand, a supply, and also a resource uncertainty. Can we model the impact for such structural shocks? Last but not least, the crisis has also gotten enterprises to think of a lot of newer business models. These are strange times. And all at the same time.

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

The Unofficial Google Data Science Blog

APRIL 17, 2017

Selection and aggregation of forecasts from an ensemble of models to produce a final forecast. Quantification of forecast uncertainty via simulation-based prediction intervals. Calendaring was therefore an explicit feature of models within our framework, and we made considerable investment in maintaining detailed regional calendars.

Forecasting 83

Forecasting Modeling Statistics Uncertainty 83

Domino Data Lab

JULY 22, 2019

how “the business executives who are seeing the value of data science and being model-informed, they are the ones who are doubling down on their bets now, and they’re investing a lot more money.” and drop your deep learning model resource footprint by 5-6 orders of magnitude and run it on devices that don’t even have batteries.

Data Science 109

Data Science Machine Learning Data Governance Modeling 109

O'Reilly on Data

SEPTEMBER 15, 2020

My book, AI for People and Business , introduces a framework that highlights the fact that both people and businesses can benefit from AI in unique and different ways. In my book, I introduce the Technical Maturity Model: I define technical maturity as a combination of three factors at a given point of time.

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CIO Business Intelligence

SEPTEMBER 19, 2023

How can enterprises attain these in the face of uncertainty? Rogers: This is one of two fundamental challenges of corporate innovation — managing innovation under high uncertainty and managing innovation far from the core — that I have studied in my work advising companies and try to tackle in my new book The Digital Transformation Roadmap.

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Digital Transformation Uncertainty Testing Enterprise 125

The Unofficial Google Data Science Blog

JANUARY 14, 2016

Unlike experimentation in some other areas, LSOS experiments present a surprising challenge to statisticians — even though we operate in the realm of “big data”, the statistical uncertainty in our experiments can be substantial. We must therefore maintain statistical rigor in quantifying experimental uncertainty.

Experimentation 41

Experimentation Statistics Metrics Measurement 41

Occam's Razor

APRIL 15, 2019

Their most common reaction to negative data, if it makes it through, is to try to discredit it by asking analytically-nonsensical questions: What are the p-values of your multi-channel attribution model applied to performance of my strategy? To create enough uncertainty to fuzzy up any negative – or remotely negative – data.

Measurement 79

Measurement Strategy Data Processing Uncertainty 79

Domino Data Lab

JUNE 2, 2019

We had data science leaders presenting about lessons learned while leading data science teams, covering key aspects including scalability, being model-driven, being model-informed, and how to shape the company culture effectively. Data science leadership: importance of being model-driven and model-informed.

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Data-driven Data Science Machine Learning Modeling 110

O'Reilly on Data

JULY 20, 2021

When we’re building shared devices with a user model, that model quickly runs into limitations. That model doesn’t fit reality: the identity of a communal device isn’t a single person, but everyone who can interact with it. With enough data, models can be created to “read between the lines” in both helpful and dangerous ways.

Risk 308

Risk Software Interactive Modeling 308

Andrew White

MARCH 6, 2021

Big decisions that impact merges and acquisition, new plant or facilities, new markets and business models all are impacted by global conditions, and they in turn are formed by the conflagration of many short- and long-term cycles and trends. We use models. How do we frame our short-term decisions given all these uncertainties?

Marketing 52

Marketing Forecasting Uncertainty Strategy 52

The Unofficial Google Data Science Blog

AUGUST 27, 2019

The bucketing method also changes the importance sampling to a stratified sampling setting, and allows us to use binomial confidence intervals to estimate the uncertainty of our estimate (more on that later). Unpublished book chapter on importance sampling. [2] An Introduction to Model-Based Survey Sampling with Applications. [6]

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Metrics Statistics Uncertainty Optimization 98

Sisense

JULY 29, 2021

Stayflexi is a short-term travel app that automates many of the tedious manual processes for hotels and vacation rentals, all the way from booking to the post-stay review. The flexible booking model allows users to capture additional revenue from unsold rooms and give them greater ability to pivot as conditions demand.

Insurance 52

Insurance Marketing Uncertainty Reporting 52

Peter James Thomas

AUGUST 12, 2018

There is also (as referenced by Neil in his comments above) the delayed booking of transactions in order to – with the nicest possible description – smooth revenues. A model may for example spit out a figure like £12.4 Well the output of the model will probably be something analogous to the above image.

Metrics 49

Metrics Statistics Data Quality Measurement 49

bridgei2i

JUNE 11, 2020

If nothing else, this anecdote offers valuable insight into the impact that uncertainty of any kind has on consumer behaviour; it triggers volatility. This may again vary by geography, culture or income levels; for instance, books are considered as essentials in several developed countries, while not many developing economies view them so.

Digital Transformation 52

Digital Transformation Sales Uncertainty Forecasting 52

Cloudera

OCTOBER 8, 2020

She’s the New York Times bestselling author of six books, including her newest release, The Disruption Mindset: Why Some Businesses Transform While Others Fail. In fact, it was a painful process to overhaul their entire business model and they lost significant revenues over the course of two years. Stability during Uncertainty .

Digital Transformation 106

Digital Transformation Experimentation Unstructured Data Uncertainty 106

Jet Global

SEPTEMBER 22, 2022

Organizations need the ability to efficiently plan for uncertainty and respond to these fluctuations in the market. What if modeling gives you the ability to not just have a plan A, but also to evaluate plan B, plan C, plan D, and more. The Right Software Can Make “What If” Modeling Easy. Get a Demo.

Modeling 52

Modeling Forecasting Finance Uncertainty 52

Jet Global

JULY 28, 2023

Here, we discuss how factors like market uncertainty and IT dependence impact finance teams throughout EMEA. The State of Finance in EMEA Finance teams worldwide have been deeply impacted by market uncertainty. In a market defined by uncertainty, automation helps to bridge efficiency gaps.

Finance 52

Finance Uncertainty Reporting Forecasting 52

Jet Global

AUGUST 31, 2022

BEPS already requires that companies itemize their revenues by country, and as taxation bodies develop more sophisticated models that compare BEPS data with corporate tax return data, there may be an increase in investigations, again reinforcing the growing need for data scientists. The Role of Technology in Adopting BEPS 2.0. Get a Demo.

Software 52

Software Reporting Forecasting Management 52

Jet Global

MAY 10, 2021

At a time of great uncertainty, the role of finance professionals has, of necessity, evolved into an ever more strategic one. The viability of new revenue models or investment opportunities. As organizational priorities shift, so too do the priorities of finance teams.

Finance 98

Finance Recreation/Entertainment Reporting Uncertainty 98

Jet Global

DECEMBER 8, 2023

Sustaining growth amidst economic uncertainty demands immediate, clear insights from your SAP data to inform strategic decision-making. Organizations seeking cloud migration must recalibrate processes, reconfigure data models, and adapt to a new interface and functionality.

Finance 52

Finance Reporting Management Software 52

Jet Global

FEBRUARY 5, 2024

Top Reasons for a Heavy Carbon Footprint From Your Supply Chain Keeping supply chains operating seamlessly in geopolitical and economic uncertainty is not a new challenge for global manufacturers, though it may feel like supply chain turbulence has become the new normal.

Optimization 52

Optimization Operational Reporting Manufacturing Reporting 52

Jet Global

OCTOBER 18, 2021

Factory shutdowns, shipping bottlenecks, and shortages of raw materials have led to substantial uncertainty for businesses seeking to address the vicissitudes of supply-side availability. The sales of auto parts for older vehicles, likewise, will decline as new models supersede them. Successful Demand Planning and Forecasting.

Forecasting 52

Forecasting Recreation/Entertainment Sales Finance 52

Jet Global

OCTOBER 14, 2022

Angles for SAP applies a context-aware, process-rich business data model to SAP’s complex data structure and simplifies into normal business terms and language users understand, empowering business users to get answers quickly. Supply chain uncertainty isn’t going anywhere. Get a Demo. What to expect.

Finance 52

Finance Reporting Operational Reporting Forecasting 52

Jet Global

APRIL 30, 2021

Finally, reimagine the finance operating model so that it fosters new skills and capabilities.”. This isn’t just confined to annual and other external reports, but also internal management reports, board books, and reports for individual business units. Kickstarting Change.

Finance 98

Finance Recreation/Entertainment Reporting Software 98