CIO Business Intelligence

DECEMBER 6, 2023

British multinational packaging giant DS Smith has committed itself to ambitious sustainability goals, and its IT strategy to standardize on a single cloud will be a key enabler. The single-cloud platform strategy will include SaaS partners used for automation of more than 40 enterprise applications, Dickson says.

Manufacturing 97

Manufacturing Data Lake Digital Transformation Machine Learning 97

CIO Business Intelligence

FEBRUARY 22, 2024

With the aim to accelerate innovation and transform its digital infrastructures and services, Ferrovial created its Digital Hub to serve as a meeting point where research and experimentation with digital strategies could, for example, provide new sources of income and improve company operations.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

CIO Business Intelligence

DECEMBER 29, 2023

“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

Cloudera

JANUARY 28, 2022

Customers vary widely on the topic of public cloud – what data sources, what use cases are right for public cloud deployments – beyond sandbox, experimentation efforts. Private cloud continues to gain traction with firms realizing the benefits of greater flexibility and dynamic scalability.

Slice and Dice 115

Slice and Dice Cost-Benefit Risk Data Governance 115

Cloudera

OCTOBER 18, 2023

And just as financial services experiences its cycles, this time of year I find myself returning to the topic of cost reduction. These cutting-edge technologies provide lower-cost alternatives for discovering efficiencies within financial operations, all while enhancing the quality of services offered.

Cost-Benefit 80

Cost-Benefit Testing Machine Learning Optimization 80

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. trillion on retail businesses through 2029.

Unstructured Data 95

Unstructured Data Cost-Benefit Experimentation Machine Learning 95

CIO Business Intelligence

NOVEMBER 13, 2023

Because of this, IT leaders must take a proactive approach to change management , communicating the benefits of digital transformation and providing support and training to employees. Be realistic about the costs of digital transformation and allocate sufficient human capital and financial capital to achieve your goals.

Digital Transformation 143

Digital Transformation Cost-Benefit Experimentation Measurement 143

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management.

Risk Management 64

Risk Management Risk Modeling Enterprise 64

CIO Business Intelligence

APRIL 2, 2024

Underpinning these initiatives is a slew of technology capabilities and strategies aimed at accelerating delivery cycles, such as establishing product management disciplines, building cloud architectures, developing devops capabilities, and fostering agile cultures. Change Management, Digital Transformation

Management 140

Management Digital Transformation Testing Experimentation 140

CIO Business Intelligence

JANUARY 2, 2024

What benefit does AI serve to that department? Bring the whole organization on the AI journey CIOs also see the need to bring everyone along on that AI journey, something that takes a well-articulated narrative about the benefits AI can bring to those who are and will be impacted by the technology. Statistics can be very misleading.

IT 144

IT Cost-Benefit Statistics Consulting 144

CIO Business Intelligence

JUNE 28, 2023

Belcorp operates under a direct sales model in 14 countries. As Belcorp considered the difficulties it faced, the R&D division noted it could significantly expedite time-to-market and increase productivity in its product development process if it could shorten the timeframes of the experimental and testing phases in the R&D labs.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

Ontotext

MAY 31, 2023

The link prediction models are based on the so-called Knowledge Graph Embeddings, which relying on knowledge graph technology. With the help of link prediction models, the graph can be enriched with new information, which is otherwise inaccessible to scientists. What are the benefits of Ontotext’s method? How does it work?

Experimentation 52

Experimentation Cost-Benefit Predictive Modeling Risk 52

IBM Big Data Hub

APRIL 18, 2024

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

Cost-Benefit 97

Cost-Benefit Modeling Manufacturing Interactive 97

AWS Big Data

JANUARY 9, 2024

Traditional lexical search, based on term frequency models like BM25, is widely used and effective for many search applications. Semantic search In semantic search, the search engine uses an ML model to encode text or other media (such as images and videos) from the source documents as a dense vector in a high-dimensional vector space.

Cost-Benefit 94

Cost-Benefit Visualization Modeling Machine Learning 94

CIO Business Intelligence

AUGUST 17, 2023

Generative AI is a key part of our business strategy, facilitating growth with AI-enabled processes already live in production,” he says. We’ve been shortlisting and building out potential proof-of-concept options and modelling revenue impact and already taken one concept through our innovation lab and into live production.”

Risk 98

Risk Cost-Benefit Strategy Experimentation 98

Corinium

JUNE 6, 2019

For instance, for a variety of reasons, in the short term, CDAOS are challenged with quantifying the benefits of analytics’ investments. Also, design thinking should play a large role in analytics in terms of how it will benefit the organization and exactly how people will react to and adopt the resulting insights.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

Ontotext

NOVEMBER 2, 2023

It can be accomplished at a fraction of the cost of what organizations spend each year supporting the vast industry of data integration workarounds. However, it will take effort to formalize a shared semantic model that can be mapped to data assets, and turn unstructured data into a format that can be mined for insight.

IT 69

IT Cost-Benefit Data-driven Technology 69

CIO Business Intelligence

OCTOBER 1, 2022

The partners say they will create the future of digital manufacturing by leveraging the industrial internet of things (IIoT), digital twin , data, and AI to bring products to consumers faster and increase customer satisfaction, all while improving productivity and reducing costs. The power of people.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

Sisense

MARCH 26, 2021

Companies surveyed by Harvard Business Review Analytic Services (HBR) report that two of the most important strategic benefits of using data analytics are (1) identifying new revenue and business models and (2) becoming more innovative. Guy Levy-Yurista, Sisense Chief Strategy Officer, expresses it even more plainly.

Analytics 98

Analytics Data-driven Dashboards Experimentation 98

Cloudera

JANUARY 30, 2019

Data scientists require on-demand access to data, powerful processing infrastructure, and multiple tools and libraries for development and experimentation. To move beyond laptop experimentation to impacting the business, data teams also need seamless sharing and native integration with the production data platform. Sound familiar?

Data Science 75

Data Science Machine Learning Experimentation Cost-Benefit 75

Insight

MARCH 27, 2019

It utilizes Bayesian optimization for discovering data augmentation strategies tailored to your image dataset. Not having enough labeled data often leads to overfitting, which means the model will not be able to generalize to unseen examples. Discovering the proper method requires time-consuming experimentation.

Optimization 75

Optimization Cost-Benefit Modeling Strategy 75

CIO Business Intelligence

APRIL 24, 2024

The first use of generative AI in companies tends to be for productivity improvements and cost cutting. But there are only so many costs that can be cut. CIOs are well positioned to cut costs since they’re usually well acquainted with a company’s digital processes, having helped set them up in the first place.

Sales 128

Sales Finance Experimentation Cost-Benefit 128

Occam's Razor

JUNE 4, 2018

Present a yummy spreadsheet that quantifies the cost of inaction , how much money you’ll lose by not delivering a 25% improvement every week. Speaking of the Four Seasons, consider how sad their nudging strategy is vs. the one that booking.com has on display: All the data you need for this nudge… You already have. Welcome to Nudging.

Strategy 124

Strategy Cost-Benefit Testing Sales 124

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

Occam's Razor

SEPTEMBER 19, 2011

How do you get over the frustration of having done attribution modeling and realizing that it is not even remotely the solution to your challenge of using multiple media channels? The company truly has a portfolio strategy when it comes to marketing. What is missing in these numbers is the cost of… well you. The people.

Measurement 119

Measurement Advertising Testing Marketing 119

CIO Business Intelligence

MARCH 5, 2024

Many other platforms, such as Coveo’s Relative Generative Answering , Quickbase AI , and LaunchDarkly’s Product Experimentation , have embedded virtual assistant capabilities but don’t brand them copilots. Microsoft is heavily investing in AI capabilities and workflow integrations, so CIOs should expect and plan for improved capabilities.

Cost-Benefit 124

Cost-Benefit Advertising Experimentation Software 124

CIO Business Intelligence

JUNE 6, 2023

And the market for doing so remains robust for corporations looking to make the most of the model. The implication is that while some businesses are cutting costs and many tech companies are announcing layoffs, forward-looking enterprises are investing and collaborating with startups. But CIOs should remain strategic.

Key Performance Indicator 105

Key Performance Indicator Cost-Benefit Enterprise Experimentation 105

CIO Business Intelligence

OCTOBER 4, 2023

“Generative AI is just more far-reaching than traditional AI or machine learning, so the opportunities for disasters have grown,” says Bret Greenstein, partner and leader of the gen AI go-to-market strategy at PricewaterhouseCoopers. Ballooning costs The most popular gen AI chatbots are free to the public. The hype says how easy it is.

Cost-Benefit 141

Cost-Benefit Manufacturing Machine Learning Experimentation 141

datapine

FEBRUARY 4, 2020

Let’s face it: every serious business that wants to generate leads and revenue needs to have a marketing strategy that will help them in their quest for profit. It is utilized to effectively communicate a company’s marketing strategy, including research, promotional tactics, goals and expected outcomes. How To Write A Marketing Report?

Reporting 280

Reporting Marketing Advertising Metrics 280

IBM Big Data Hub

OCTOBER 20, 2023

Artificial intelligence platforms enable individuals to create, evaluate, implement and update machine learning (ML) and deep learning models in a more scalable way. AI platforms assist with a multitude of tasks ranging from enforcing data governance to better workload distribution to the accelerated construction of machine learning models.

Machine Learning 80

Machine Learning Manufacturing Cost-Benefit Deep Learning 80

CIO Business Intelligence

JULY 8, 2022

This article was co-authored by Duke Dyksterhouse , an Associate at Metis Strategy. After transforming their organization’s operating model, realigning teams to products rather than to projects , CIOs we consult arrive at an inevitable question: “What next?” And if you proceed with the split, let the principles below guide your moves.

Cost-Benefit 122

Cost-Benefit Measurement Modeling Metrics 122

The Unofficial Google Data Science Blog

JUNE 30, 2016

In an ideal world, experimentation through randomization of the treatment assignment allows the identification and consistent estimation of causal effects. Other estimators, such as those based on matching and subclassification, may benefit from the balancing property, but the discussion of those estimators is postponed to a later post.

Statistics 44

Statistics Optimization Modeling Experimentation 44

AWS Big Data

OCTOBER 4, 2023

Then we explain the benefits of Amazon DataZone and walk you through key features. Three core benefits of Amazon DataZone Amazon DataZone enables customers to discover, share, and govern data at scale across organizational boundaries. Here are the core benefits Amazon DataZone provides to its customers.

Metadata 103

Metadata Data Lake Publishing Data Governance 103

Corinium

APRIL 25, 2019

Most of my days focus on understanding what’s happening in the market, defining overall product strategy and direction, and translating into execution across the various teams. This is a much more proactive and scalable model. I am head of Products here, which comprises of R&D, Product Management and Global Customer support.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

AWS Big Data

NOVEMBER 14, 2023

With data streaming, you can power data lakes running on Amazon Simple Storage Service (Amazon S3), enrich customer experiences via personalization, improve operational efficiency with predictive maintenance of machinery in your factories, and achieve better insights with more accurate machine learning (ML) models.

IoT 57

IoT Data-driven Data Lake Data Strategy 57

CIO Business Intelligence

FEBRUARY 3, 2023

More recently, The Royal Mint has evolved its business model in the face of declining cash usage, from its core business of coins and metal manufacturing through to bullion trading, a new consumer business and jewellery line, as well as tentative steps into digital gold and recycling e-waste. How do they benefit you?

IT 52

IT Experimentation Scorecard Digital Transformation 52

DataRobot Blog

FEBRUARY 15, 2023

In addition, it’s essential that models comply with regulations and treat customers fairly, making it more important than ever to monitor models in production. The cost of real estate has been a rollercoaster ride in this challenging macroeconomic climate. It is possible to manage the end-to-end AI lifecycle in one solution.

Modeling 52

Modeling Machine Learning Cost-Benefit Metrics 52