Rocket-Powered Data Science

FEBRUARY 15, 2023

encouraging and rewarding) a culture of experimentation across the organization. Encourage and reward a Culture of Experimentation that learns from failure, “ Test, or get fired! Conduct market research. When people are encouraged to experiment, where small failures are acceptable (i.e., Test early and often. Launch the chatbot.

Strategy 289

Strategy Experimentation Uncertainty Machine Learning 289

CIO Business Intelligence

JULY 28, 2023

In addition to bottom-line benefits, employees are often inspired and motivated by innovation – seeking job opportunities that encourage experimentation and embrace new ideas. You want to have a cloud data platform that allows for fast set up and time to market, but it also needs to integrate with modern architecture.

IT 98

IT Experimentation Digital Transformation Marketing 98

CIO Business Intelligence

OCTOBER 5, 2023

Sandeep Davé knows the value of experimentation as well as anyone. Davé and his team’s achievements in AI are due in large part to creating opportunities for experimentation — and ensuring those experiments align with CBRE’s business strategy. And those experiments have paid off.

Experimentation 126

Experimentation Strategy Machine Learning Interactive 126

Dataiku

NOVEMBER 17, 2021

For many years, AI was an experimental risk for companies. Recently, Dataiku spoke with Mike Gualtieri, VP & Principal Analyst at Forrester , in “The Future of AI and ROI for the Enterprise, featuring Forrester” webinar about the current state of the market and what AI success looks like going forward.

ROI 110

ROI Enterprise Experimentation Risk 110

CIO Business Intelligence

MARCH 12, 2024

Software and coding development remain a high-value area for experimentation, in addition to content development and knowledge management, in an effort to boost operational efficiencies,” he says. Junior developers are reporting the biggest productivity boosts, but this remains an area of active research and experimentation,” Tandon says.

Software 131

Software Experimentation Testing Cost-Benefit 131

Domino Data Lab

JANUARY 24, 2019

Before we get too far into 2019, I wanted to take a brief moment to reflect on some of the changes we’ve seen in the market. In 2018 we saw the “data science platform” market rapidly crystallize into three distinct product segments. Reflections. The three segments that have crystallized are: Automation tools. Automation Tools.

Data Science 65

Data Science Marketing Data-driven Statistics 65

Occam's Razor

FEBRUARY 7, 2022

Since you're reading a blog on advanced analytics, I'm going to assume that you have been exposed to the magical and amazing awesomeness of experimentation and testing. And yet, chances are you really don’t know anyone directly who uses experimentation as a part of their regular business practice. Wah wah wah waaah.

Experimentation 101

Experimentation Testing Optimization Marketing 101

CIO Business Intelligence

NOVEMBER 9, 2023

The pattern for success at learning how to create value safely and responsibly is a mindful culture of experimentation and thoughtful “learning by doing.” He specializes in removing fear, uncertainty, and doubt from strategic decision-making through empirical data and market sensing. Artificial Intelligence, Machine Learning

Experimentation 133

Experimentation Uncertainty Strategy Machine Learning 133

CIO Business Intelligence

FEBRUARY 7, 2024

We’ve seen an ongoing iteration of experimentation with a number of promising pilots in production,” he says. He’s also seeing positive AI proofs of concept in purpose-built tools for IT help desk, customer support, and sales and marketing. We’re experimenting with general purpose co-pilots or assistants, too,” he says.

KPI 96

KPI Measurement Experimentation Finance 96

Smart Data Collective

OCTOBER 13, 2021

The market for AI technology is growing remarkably. Businesses spend a lot of time and resources on marketing to stand out from their competition. While marketing remains relevant and essential, AI technology provides endless opportunities that create a massive edge between you and your competitors. Leverage innovation.

Technology 122

Technology Cost-Benefit Experimentation Machine Learning 122

Occam's Razor

MAY 22, 2006

This post is a primer on the delightful world of testing and experimentation (A/B, Multivariate, and a new term from me: Experience Testing). Experimentation and testing help us figure out we are wrong, quickly and repeatedly and if you think about it that is a great thing for our customers, and for our employers. Counter claims?

Experimentation 103

Experimentation Testing Optimization Measurement 103

CIO Business Intelligence

JULY 3, 2023

According to a recently leaked Google memo, “The barrier to entry for training and experimentation has dropped from the total output of a major research organization to one person, an evening, and a beefy laptop.”

Management 105

Management Experimentation Modeling Enterprise 105

CIO Business Intelligence

AUGUST 30, 2023

Such a risk-based capital approach is important as it provides a new experimental push to the organization that may propel it into a new orbit,” says Rabra. A manufacturing organization can be broken down into three big blocks — manufacturing, supply chain, and sales and marketing — wherein the company strives to bring in efficiencies.

Digital Transformation 102

Digital Transformation Experimentation ROI Risk 102

Cloudera

OCTOBER 4, 2023

We can get to faster root-cause analysis and become proactive instead of reactive to changes in markets, business operations, and customer behavior. This also achieves workload isolation, so we can run mission critical workloads independent from experimental and exploratory ones and nobody steps on anyone’s toes by accident.

Data Warehouse 83

Data Warehouse Experimentation Cost-Benefit Dashboards 83

CIO Business Intelligence

FEBRUARY 21, 2024

If you don’t know these tools, you’re at a disadvantage in the job market.” We just happen to have some of the best athletic programs in the country as well, requiring us to stay on the cutting edge of sports marketing and entertainment.” We’ve done a lot of experimentation on these adaptive tools that use AI,” says Ventimiglia.

Recreation/Entertainment 131

Recreation/Entertainment Experimentation Modeling Data-driven 131

IBM Big Data Hub

DECEMBER 4, 2023

The surge in adoption of generative AI is happening in organizations across every industry, and the generative AI market is projected to grow by 27.02% in the next 10 years according to Precedence Research. And the abundance of data available for training models has opened up vast possibilities for experimentation and learning.

Experimentation 67

Experimentation Modeling Metrics Machine Learning 67

CIO Business Intelligence

DECEMBER 22, 2023

Singapore’s Trust Bank (also known simply as Trust) is a new financial institution that’s enjoyed a strong first year of operations, capturing 12% market share in Singapore since launch and setting new benchmarks in customer experience and innovation. There’s a famous saying that says, ‘Vision without execution is hallucination,’” he says.

Experimentation 96

Experimentation Manufacturing Interactive Software 96

CIO Business Intelligence

APRIL 14, 2023

In fact, it’s likely your organization has a large number of employees currently experimenting with generative AI, and as this activity moves from experimentation to real-life deployment, it’s important to be proactive before unintended consequences happen. This may include developing training videos and hosting live sessions.

Risk 121

Risk Experimentation Marketing Risk Management 121

IBM Big Data Hub

MAY 25, 2023

The Center of Excellence (CoE) already has more than 1,000 consultants with specialized generative AI expertise that are engaging with a global set of clients to drive productivity in IT operations and core business processes like HR or marketing, elevate their customer experiences and create new business models.

Consulting 106

Consulting Experimentation Machine Learning Modeling 106

CIO Business Intelligence

OCTOBER 9, 2022

If you supported your CHRO to launch a staff training program within the metaverse, the chances are good your CMO could use this to help brand your organization as an innovative technology leader in the market. What kind of employees would such a brand attract? I think you can see the cycle.

Cost-Benefit 136

Cost-Benefit Manufacturing Experimentation Risk 136

DataRobot Blog

NOVEMBER 15, 2022

At the event, a financial services panel discussion shared why iteration and experimentation are critical in an AI-driven data science environment. While GCash has been growing exponentially as a disruptor in the financial market, the importance of being able to bring everyone along on the journey—even non-technical stakeholders—is crucial.

Big Data 52

Big Data Experimentation Data-driven Machine Learning 52

Ontotext

JULY 6, 2023

Market Sentiment Index The Market Sentiment Index use case is relatively new. All sources of information, all opinions and volatility in the crypto market are simply overwhelming, so these signals have to be reduced to a discreet index. Experimentation with different technical analysis services becomes possible.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

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 101

IT Digital Transformation IoT Cost-Benefit 101

CIO Business Intelligence

SEPTEMBER 7, 2023

As Gisolfi said, “We have to balance strict adherence to regulation and compliance guidelines while enabling a safe zone for research and experimentation around new ideas, technologies, fintech industry trends, as wells as process optimization and modernization.” You don’t have to be an engineer to be in a hackathon.

Experimentation 85

Experimentation Digital Transformation Optimization Testing 85

O'Reilly on Data

MARCH 31, 2020

You’re responsible for the design, the product-market fit, and ultimately for getting the product out the door. The need for an experimental culture implies that machine learning is currently better suited to the consumer space than it is to enterprise companies. Even if a product is feasible, that’s not the same as product-market fit.

Management 332

Management Machine Learning Experimentation Metrics 332

CIO Business Intelligence

NOVEMBER 21, 2023

Recent charts from venture capital firm Sequoia Capital help show just how many generative AI tools are coming to market to support sales, marketing, design, software engineering, customer support, legal, and other departmental needs.

IT 135

IT Risk Cost-Benefit Risk Management 135

CIO Business Intelligence

FEBRUARY 21, 2023

The firm must also attract younger customers amid growing competition from microbreweries, higher market prices and new attitudes to alcohol consumption. This backbone, says Ing Yan, will allow the operating companies to provide seamless customer experiences, drive efficient end-to-end processes, and ensure scalability across markets. “It

Digital Transformation 101

Digital Transformation Sales Experimentation Optimization 101

CIO Business Intelligence

APRIL 2, 2024

Organizations with long, complex, and expensive upfront planning processes due to executive and stakeholder alignment issues can result in missed opportunities if competitors bring capabilities to market faster. It’s like trying to get a jazz quartet, a rock band, a classical orchestra, and a DJ to play in harmony.”

Management 126

Management Digital Transformation Testing Experimentation 126

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. 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

OCTOBER 30, 2022

Yet, experimentation is challenging to achieve in today’s IT environment. As customer demands and market conditions change quickly, retailers and brands must move faster to capitalise on new ways to sell, such as omnichannel commerce, digital clienteling and personalisation.

Sales 89

Sales Experimentation Interactive Marketing 89

CIO Business Intelligence

DECEMBER 7, 2023

Over the last year, generative AI—a form of artificial intelligence that can compose original text, images, computer code, and other content—has gone from experimental curiosity to a tech revolution that could be one of the biggest business disruptors of our generation.

Insurance 67

Insurance Experimentation Finance Data Governance 67

Cloudera

SEPTEMBER 17, 2020

A large oil and gas company was suffering over not being able to offer users an easy and fast way to access the data needed to fuel their experimentation. To address this, they focused on creating an experimentation-oriented culture, enabled thanks to a cloud-native platform supporting the full data lifecycle.

Experimentation 80

Experimentation Data Warehouse Dashboards Visualization 80

DataRobot Blog

MARCH 16, 2023

Artificial intelligence is undoubtedly having a moment – and in response to market hype and increased AI investments, we’re even seeing tech companies reinvent themselves with AI identities. We are offering customers rapid experimentation and value identification, with both code-first and no-code approaches.

Experimentation 52

Experimentation Data-driven Measurement Enterprise 52

Cloudera

OCTOBER 18, 2023

In this dynamic environment, harnessing the power of AI and ML is proving to be a game-changer for firms seeking to thrive in an increasingly competitive market. Group customers based on their transaction history, demographics, behavior patterns, and other relevant data to improve marketing and personalization outcomes.

Cost-Benefit 75

Cost-Benefit Testing Machine Learning Optimization 75

Sisense

MARCH 26, 2021

“If I want to know whether my spend on specific marketing programs has an effect on product usage and long-term retention, I have to get data from my website, campaigns, an attribution funnel, product analytics, and my customer success CRM data, and I need to connect all those elements together,” Scott says.

Analytics 98

Analytics Data-driven Dashboards Experimentation 98

Smart Data Collective

JUNE 21, 2023

The market for AI software is booming. Precedence Research States that the market was worth $138 billion last year and it is growing exponentially. This frees up time for experimentation and achieving superior results. However, an even better AI photo editing tool called Snappic has hit the market.

Software 77

Software Technology Experimentation Data-driven 77

DataRobot

JULY 27, 2021

An Unprecedented Market Opportunity. Last fall, I penned a blog post around our Series F funding, focused on the fact that the era of experimental AI is over. Every company must act with urgency to become an AI company in order to sustainably win in the market. I stand by that notion wholeheartedly.

Machine Learning 98

Machine Learning Experimentation Modeling Forecasting 98