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What Is Model Risk Management and How is it Supported by Enterprise MLOps?

Domino Data Lab

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.

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10 Technical Blogs for Data Scientists to Advance AI/ML Skills

DataRobot Blog

Other organizations are just discovering how to apply AI to accelerate experimentation time frames and find the best models to produce results. Taking a Multi-Tiered Approach to Model Risk Management. How Model Observability Provides a 360° View of Models in Production. Read the blog. Read the blog.

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3 key digital transformation priorities for 2024

CIO Business Intelligence

Many technology investments are merely transitionary, taking something done today and upgrading it to a better capability without necessarily transforming the business or operating model. If CIOs don’t improve conversions from pilot to production, they may find their investors losing patience in the process and culture of experimentation.

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7 steps for turning shadow IT into a competitive edge

CIO Business Intelligence

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

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AI Governance: Break open the black box

IBM Big Data Hub

It is well known that Artificial Intelligence (AI) has progressed, moving past the era of experimentation. Today, AI presents an enormous opportunity to turn data into insights and actions, to amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. Challenges around managing risk.

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How to become an AI+ enterprise

IBM Big Data Hub

Figure 2: ROI potential by transforming into an AI+ enterprise Organizations with high data maturity that embed an AI+ transformation model into the enterprise fabric and culture can generate up to 2.6 Consider the following: Do you need a public foundation model? This culture encourages experimentation and expertise growth.

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Five open-source AI tools to know

IBM Big Data Hub

When AI algorithms, pre-trained models, and data sets are available for public use and experimentation, creative AI applications emerge as a community of volunteer enthusiasts builds upon existing work and accelerates the development of practical AI solutions.