Corinium

JUNE 6, 2019

Regulations and compliance requirements, especially around pricing, risk selection, etc., For instance, for a variety of reasons, in the short term, CDAOS are challenged with quantifying the benefits of analytics’ investments. It is also important to have a strong test and learn culture to encourage rapid experimentation.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. 46% of survey respondents in 2024 showed a preference for open source models.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

IBM Big Data Hub

DECEMBER 5, 2023

With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications. The impact of these investments will become evident in the coming years.

Unstructured Data 95

Unstructured Data Cost-Benefit Experimentation Machine Learning 95

CIO Business Intelligence

JULY 31, 2023

1 question now is to allow or not allow,” says Mir Kashifuddin, data risk and privacy leader with the professional services firm PwC US. Rapidly evolving risks Companies that have blocked the use of gen AI are finding that some workers are still testing it out. The CIO’s job is to ask questions about potential scenarios.

Strategy 98

Strategy Risk Enterprise Risk Management 98

Smart Data Collective

JULY 9, 2023

One benefit is that they can help with conversion rate optimization. Not only can such patterns create a greater awareness of user interactions, but they can also provide invaluable data on where improvements can be made. Experimentation is the key to finding the highest-yielding version of your website elements.

Optimization 73

Optimization Data Analytics Analytics Data-driven 73

CIO Business Intelligence

MAY 1, 2024

Pilots can offer value beyond just experimentation, of course. McKinsey reports that industrial design teams using LLM-powered summaries of user research and AI-generated images for ideation and experimentation sometimes see a reduction upward of 70% in product development cycle times.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

O'Reilly on Data

SEPTEMBER 15, 2020

AI Benefits and Stakeholders. AI is a field where value, in the form of outcomes and their resulting benefits, is created by machines exhibiting the ability to learn and “understand,” and to use the knowledge learned to carry out tasks or achieve goals. AI-generated benefits can be realized by defining and achieving appropriate goals.

Cost-Benefit 293

Cost-Benefit Advertising ROI Machine Learning 293

Corinium

APRIL 25, 2019

For example, P&C insurance strives to understand its customers and households better through data, to provide better customer service and anticipate insurance needs, as well as accurately measure risks. Life insurance needs accurate data on consumer health, age and other metrics of risk. Now, there is a data risk here.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

CIO Business Intelligence

APRIL 5, 2023

Midjourney, ChatGPT, Bing AI Chat, and other AI tools that make generative AI accessible have unleashed a flood of ideas, experimentation and creativity. Using generative AI for agent assistance can get you the productivity boost with less of the risk.

Modeling 111

Modeling Testing Cost-Benefit Experimentation 111

Ontotext

DECEMBER 30, 2022

9 years of research, prototyping and experimentation went into developing enterprise ready Semantic Technology products. GraphDB 10 brings smarter and simpler cluster architecture enabling, among other benefits, best in class resilience and reduced infrastructure costs. His secondary objective was to ensure the U.S.

Enterprise 52

Enterprise Sales Cost-Benefit Marketing 52

Ontotext

DECEMBER 30, 2022

9 years of research, prototyping and experimentation went into developing enterprise ready Semantic Technology products. GraphDB 10 brings smarter and simpler cluster architecture enabling, among other benefits, best in class resilience and reduced infrastructure costs. His secondary objective was to ensure the U.S.

Enterprise 52

Enterprise Sales Cost-Benefit Marketing 52

Domino Data Lab

JUNE 23, 2019

Skomoroch proposes that managing ML projects are challenging for organizations because shipping ML projects requires an experimental culture that fundamentally changes how many companies approach building and shipping software. Yet, this challenge is not insurmountable. for what is and isn’t possible) to address these challenges.

Management 110

Management Machine Learning Experimentation Metrics 110

Domino Data Lab

JULY 2, 2019

Interactive Query Synthesis from Input-Output Examples ” – Chenglong Wang, Alvin Cheung, Rastislav Bodik (2017-05-14). One clear lesson of the early 21st century: strategies at scale that rely on centralization are generally risks (John Robb explores that in detail in Brave New War which I’ve just been reading – good stuff).

Metadata 105

Metadata Machine Learning Data Science Data-driven 105

Domino Data Lab

AUGUST 26, 2019

To support the iterative and experimental nature of industry work, Domino reached out to Addison-Wesley Professional (AWP) for appropriate permissions to excerpt the “Tuning Hyperparameters and Pipelines” from the book, Machine Learning with Python for Everyone by Mark E. Evaluating over Multiple Hyperparameters. A More Complex Pipeline.

Testing 79

Testing Modeling Machine Learning Metrics 79

CIO Business Intelligence

MAY 20, 2024

This knowledge, generated through observation, reflection, study, and social interaction, led to a new companywide policy: “Let the grinder warm up for 15 minutes,” resulting in millions of dollars of extra profit at no additional cost. Serendipitous interactions are important for creative, innovative, or nonformulaic activities.

Management 111

Management Interactive Measurement Marketing 111

Cloudera

MAY 31, 2023

Riding the wave of the generative AI revolution, third party large language model (LLM) services like ChatGPT and Bard have swiftly emerged as the talk of the town, converting AI skeptics to evangelists and transforming the way we interact with technology. Sam Altman, Open AI’s CEO, estimates the cost to train GPT-4 to be over $100 million.

Enterprise 73

Enterprise Data Processing Experimentation Modeling 73

IBM Big Data Hub

SEPTEMBER 25, 2023

Presto is an open source distributed SQL query engine for data analytics and the data lakehouse, designed for running interactive analytic queries against datasets of all sizes, from gigabytes to petabytes. The cost and constraints of traditional analytics soon reached their limit, forcing Uber to look elsewhere for a solution.

OLAP 91

OLAP Data Lake Data-driven Snapshot 91

O'Reilly on Data

MAY 11, 2020

Many of the models you interact with are mediated through screens, and there’s no shortage of news about how many of us spend our lives glued to them. David Foster Wallace had the general structure of the user–product interaction correct. Let’s start by looking at how models impact us. SCREENS, FEEDBACK, AND “THE ENTERTAINMENT”.

Modeling 190

Modeling Advertising Recreation/Entertainment Metrics 190