CIO Business Intelligence

MARCH 7, 2023

Oliver Wittmaier, CIO and product owner at DB SYSTEL GmbH DB SYSTEL GmbH Content generation is also an area of particular interest to Michal Cenkl, director of innovation and experimentation at Mitre Corp. “I Something that produces libraries and software is no different than searching GitHub,” he says. “We That’s incredibly powerful.”

Enterprise 112

Enterprise IT Experimentation Unstructured Data 112

CIO Business Intelligence

SEPTEMBER 6, 2023

While the potential of Generative AI in software development is exciting, there are still risks and guardrails that need to be considered. Risks of AI in software development Despite Generative AI’s ability to make developers more efficient, it is not error free.

Software 116

Software Experimentation Risk Data Lake 116

CIO Business Intelligence

DECEMBER 19, 2023

If CIOs don’t improve conversions from pilot to production, they may find their investors losing patience in the process and culture of experimentation. Luckily, many are expanding budgets to do so. “94% Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control.

Digital Transformation 139

Digital Transformation Unstructured Data Machine Learning Risk Management 139

Smarten

MAY 17, 2023

Whether you are looking at ChatGPT or Open AI and wondering how it might be applied to your business environment, it is important to understand the current state of this technology, the inherent risks and the possible opportunities. . “So, proceed, but don’t over pivot.”

Digital Transformation 52

Digital Transformation Experimentation Risk Testing 52

CIO Business Intelligence

OCTOBER 5, 2023

Sandeep Davé knows the value of experimentation as well as anyone. As chief digital and technology officer at CBRE, Davé recognized early that the commercial real estate industry was ripe for AI and machine learning enhancements, and he and his team have tested countless use cases across the enterprise ever since.

Experimentation 119

Experimentation Strategy Machine Learning Interactive 119

Cloudera

OCTOBER 18, 2023

In the ever-evolving landscape of the financial services Industry, change is a constant and transformation is a requirement — to stay at pace with new regulations, risk mitigation, and the technological developments that support transformation.

Cost-Benefit 76

Cost-Benefit Testing Machine Learning Optimization 76

CIO Business Intelligence

APRIL 14, 2023

But just like other emerging technologies, it doesn’t come without significant risks and challenges. According to a recent Salesforce survey of senior IT leaders , 79% of respondents believe the technology has the potential to be a security risk, 73% are concerned it could be biased, and 59% believe its outputs are inaccurate.

Risk 117

Risk Experimentation Marketing Risk Management 117

CIO Business Intelligence

JUNE 15, 2023

Despite headlines warning that artificial intelligence poses a profound risk to society , workers are curious, optimistic, and confident about the arrival of AI in the enterprise, and becoming more so with time, according to a recent survey by Boston Consulting Group (BCG). For many, their feelings are based on sound experience.

Management 105

Management Experimentation Optimization Enterprise 105

Decision Management Solutions

MARCH 26, 2020

Some approaches have never been tried on certain segments – higher risk customers might never have been targeted with price reductions, say. Experimentation at the beginning of your journey is essential to make sure you understand where you are starting. Invest some time learning about experimental design and run your own.

Experimentation 72

Experimentation Recreation/Entertainment Optimization Testing 72

CIO Business Intelligence

NOVEMBER 7, 2022

A developing playbook of best practices for data science teams covers the development process and technologies for building and testing machine learning models. Have business leaders defined realistic success criteria and areas of low-risk experimentation? Are data science teams set up for success?

Machine Learning 128

Machine Learning Data Science Experimentation IoT 128

CIO Business Intelligence

JUNE 28, 2023

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 84

Digital Transformation Cost-Benefit Informatics Data mining 84

Smart Data Collective

OCTOBER 13, 2021

AI technology moves innovation forward by boosting tinkering and experimentation, accelerating the innovation process. It also allows companies to experiment with new concepts and ideas in different ways without relying only on lab tests. Here’s how to stay competitive as technology evolves. Leverage innovation.

Technology 122

Technology Cost-Benefit Experimentation Machine Learning 122

CIO Business Intelligence

AUGUST 25, 2023

In this conversation with Foundry, Mitali discusses the accelerated importance of technology in healthcare, on enabling healthcare providers with data and why her team isn’t afraid of experimentation. Implementing it on the clinical side will take additional trials, because we cannot risk anything in that area.

Experimentation 85

Experimentation Digital Transformation Technology Measurement 85

CIO Business Intelligence

JANUARY 9, 2024

Many organizations know that commercially available, “off-the-shelf” generative AI models don’t work well in enterprise settings because of significant data access and security risks. We’re using our own databases, testing against our own needs, and building around specific problem sets. million in compute alone 2.

Enterprise 105

Enterprise Experimentation Modeling Data-driven 105

CIO Business Intelligence

NOVEMBER 13, 2023

Transformational leaders must ensure their organizations have the expertise to integrate new technologies effectively and the follow-through to test and troubleshoot thoroughly before going live. Without a clear understanding of what their digital transformation should achieve, it’s easy for companies to get lost in the weeds.

Digital Transformation 137

Digital Transformation Cost-Benefit Experimentation Measurement 137

CIO Business Intelligence

JULY 6, 2022

Our strategy is essentially to leverage the public cloud’s economies of scale, to drive business value, to lower risk, to increase resiliency, and really to ensure our infrastructure is evergreen. Because when you can experiment, you can potentially enter a new business quickly, test an idea.

Experimentation 85

Experimentation Testing Strategy Risk 85

CIO Business Intelligence

JULY 31, 2023

As vendors add generative AI to their enterprise software offerings, and as employees test out the tech, CIOs must advise their colleagues on the pros and cons of gen AI’s use as well as the potential consequences of banning or limiting it. Many companies are sitting in the middle of the do-we-block-it-or-do-we-allow-it discussion.”

Strategy 94

Strategy Risk Enterprise Risk Management 94

CIO Business Intelligence

AUGUST 17, 2023

But, as with any big new wave, there is a risk of once-promising projects being washed up and there are clear and obvious concerns over governance, quality and security. We ran workshops with every division of our business, educating them on the accelerating innovation in this area, brainstorming opportunities and risks.

Risk 89

Risk Cost-Benefit Strategy Experimentation 89

Corinium

JUNE 6, 2019

Regulations and compliance requirements, especially around pricing, risk selection, etc., Fractal’s recommendation is to take an incremental, test and learn approach to analytics to fully demonstrate the program value before making larger capital investments. Transforming the organization to collaborate/compete with insur-techs.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

CIO Business Intelligence

FEBRUARY 21, 2024

CIOs on university campuses across the country have an obligation, as technology leaders, to provide the tools and expertise that staff, administration, and professors require to help fulfill the potential of students, and the university itself. As FSU CIO Jonathan Fozard points out, universities have more than just classrooms and residence halls.

Recreation/Entertainment 124

Recreation/Entertainment Experimentation Modeling Data-driven 124

Smart Data Collective

JULY 9, 2023

Optimizing Conversion Rates with Data-Driven Strategies A/B Testing and Experimentation for Conversion Rate Optimization A/B testing is essential for discovering which version of your website’s elements are most effective in driving conversions. Take no risks when it comes to protecting data privacy!

Optimization 74

Optimization Data Analytics Analytics Data-driven 74

CIO Business Intelligence

OCTOBER 18, 2023

But if there are any stop signs ahead regarding risks and regulations around generative AI, most enterprise CIOs are blowing past them, with plans to deploy an abundance of gen AI applications within the next two years if not already. A recent survey of nearly 1,000 IT decision-makers conducted by Foundry underscores this.

Risk 132

Risk Manufacturing Enterprise Technology 132

CIO Business Intelligence

OCTOBER 9, 2023

Hyatt’s experimental mindset and listen-first approach are heavily applied to IT’s pursuit of innovation, he says. “To some extent, folks expect IT to be there like a dial tone when you pick up a phone,” or, “the referee at a football game, but no one noticed you,” says Mate, CIO of home health provider Elara Caring.

Strategy 134

Strategy Technology Experimentation Testing 134

Mark Raskino

AUGUST 30, 2017

He was talking about something we call the ‘compound uncertainty’ that must be navigated when we want to test and introduce a real breakthrough digital business idea. Ponder for a moment – where in the world did you expect to see that happen? In the end it wasn’t Palo Alto, Seattle, London, Tokyo, Shanghai, Mumbai, Amsterdam or Sydney.

Testing 53

Testing Experimentation Uncertainty Risk 53

CIO Business Intelligence

AUGUST 4, 2023

Our products are sometimes tested for a year before being launched in the field. With a mission to revolutionize the future of global mobility, WABTEC delivers transformative transportation systems that quite literally propel the world forward. I’ve always been a techie at heart and always wanted to pursue computer programming.

IoT 85

IoT Manufacturing Experimentation Digital Transformation 85

Domino Data Lab

MAY 15, 2019

Pete indicates, in both his November 2018 and Strata London talks, that ML requires a more experimental approach than traditional software engineering. It is more experimental because it is “an approach that involves learning from data instead of programmatically following a set of human rules.”

Machine Learning 111

Machine Learning Management Experimentation Uncertainty 111

O'Reilly on Data

MARCH 31, 2020

This has serious implications for software testing, versioning, deployment, and other core development processes. If you’re already a software product manager (PM), you have a head start on becoming a PM for artificial intelligence (AI) or machine learning (ML). Why AI software development is different.

Management 332

Management Machine Learning Experimentation Metrics 332

IBM Big Data Hub

APRIL 18, 2024

This is the potential of artificial general intelligence (AGI), a hypothetical technology that may be poised to revolutionize nearly every aspect of human life and work. Imagine a self-driving car piloted by an AGI. It cannot only pick up a passenger from the airport and navigate unfamiliar roads but also adapt its conversation in real time.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

Sisense

JANUARY 21, 2020

A new drug promising to reduce the risk of heart attack was tested with two groups. When the data is combined, it seems that the drug reduces the risk of getting a heart attack. One of the simplest ways to start exploring your data is to aggregate the metrics you are interested in by their relevant dimensions. We don’t know.

Testing 104

Testing Risk Data-driven Statistics 104

The Unofficial Google Data Science Blog

APRIL 23, 2024

To find optimal values of two parameters experimentally, the obvious strategy would be to experiment with and update them in separate, sequential stages. by CHRIS HAULK It is sometimes useful to think of a large-scale online system ( LSOS ) as an abstract system with parameters $X$ affecting responses $Y$.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

IBM Big Data Hub

DECEMBER 14, 2023

The extension of the CIO office’s dedicated data center to the IBM public cloud allowed for experimentation and growth with zero risk. As it has become tradition , the team creating the looks back and shares the personal highlights of the year 2023. Its goal is to advance open, safe and responsible AI. Quite fascinating.

Experimentation 72

Experimentation Testing Software Management 72

Smart Data Collective

FEBRUARY 4, 2020

Phase 0 is the first to involve human testing. Phase I involves dialing-in the proper dosage and further testing in a larger patient pool. Without better methodology, difficult-to-treat and ill-understood conditions and diseases are at risk of staying that way. Current R&D Models Provide Diminishing Returns.

Experimentation 100

Experimentation Testing Modeling Strategy 100

AWS Big Data

MAY 2, 2023

Test the feature To test this feature, run the producer DAG. Removal of experimental Smart Sensors. Amazon Managed Workflows for Apache Airflow (Amazon MWAA) is a managed orchestration service for Apache Airflow that makes it simple to set up and operate end-to-end data pipelines in the cloud at scale. and v2.2.2). Airflow v2.4.0

Testing 100

Testing Experimentation Management Metadata 100

Decision Management Solutions

DECEMBER 17, 2021

We work with lenders in a variety of markets and have found that decision modeling, building a visual blueprint of your credit risk decisioning, is a critical success factor in moving to next generation credit decisioning. Lower credit losses. More efficient lending. Sounds good, right? James Taylor.

Modeling 52

Modeling Experimentation Visualization Risk 52

Alation

DECEMBER 20, 2022

No place is the risk higher than data. “A ‘digital focused’ change misses the point,” he argues. Business transformation is the goal. Transforming technology in the context of business transformation makes more sense. 1 reason I see transformation fail is it does not clearly solve a business problem. are business problems.”. but by how much.

Digital Transformation 96

Digital Transformation Scorecard Measurement Experimentation 96

CIO Business Intelligence

MAY 16, 2023

It surpasses blockchain and metaverse projects, which are viewed as experimental or in the pilot stage, especially by established enterprises. Information governance enables enterprises to achieve strategic goals, mitigate risk, and reduce costs. Conversations suggest that AI is already transforming most major industries.

Advertising 85

Advertising Recreation/Entertainment Experimentation Enterprise 85

Depict Data Studio

JULY 13, 2021

In the science world, if you have a small group of people and do not find statistical significance, one thing you can do is test a much bigger group! Using scientific methods to test hypotheses (which are what statistics test) are what scientists do; delivering programming and tracking client progress is what nonprofit practitioners do.

Statistics 98

Statistics Testing Recreation/Entertainment Experimentation 98