O'Reilly on Data

MAY 14, 2020

AI PMs should enter feature development and experimentation phases only after deciding what problem they want to solve as precisely as possible, and placing the problem into one of these categories. Experimentation: It’s just not possible to create a product by building, evaluating, and deploying a single model.

Management 363

Management Experimentation B2B Machine Learning 363

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 113

Management Experimentation Optimization Enterprise 113

CIO Business Intelligence

DECEMBER 29, 2023

Among the various strategies at our disposal, automation stands out as a pivotal solution,” she says. “In Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. CIOs will feel pressure to help develop strategies around it to stay ahead of competitors and enable their business.”

Cost-Benefit 138

Cost-Benefit Digital Transformation Consulting Strategy 138

CIO Business Intelligence

JULY 7, 2023

As more individuals use browser-based apps to get their work done, IT leaders need to provide seamless access to corporate apps and tools while minimizing security risks. Start with technologies like single sign-on and passwordless identity management to remove friction from daily routines,” said Michael Bertha , Partner at Metis Strategy. “To

Measurement 118

Measurement Risk Experimentation Enterprise 118

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 77

Cost-Benefit Testing Machine Learning Optimization 77

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. As copilot technology capabilities are changing rapidly, leaders should frequently identify metrics and evaluate strategies.

Cost-Benefit 121

Cost-Benefit Advertising Experimentation Software 121

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 102

IT Digital Transformation IoT Cost-Benefit 102

Decision Management Solutions

MARCH 26, 2020

We’ve been blogging recently on Decision Optimization. The Customer Journey to Decision Optimization. Those trying to improve and optimize their decisions report various challenges. Some approaches have never been tried on certain segments – higher risk customers might never have been targeted with price reductions, say.

Experimentation 72

Experimentation Recreation/Entertainment Optimization Testing 72

IBM Big Data Hub

DECEMBER 5, 2023

Retailers recognize the need to build their strategies around AI, integrating it into many aspects of their operations. This data tracks closely with a recent IDC Europe study that found 40% of worldwide retailers and brands are in the experimentation phase of generative AI, while 21% are already investing in generative AI implementations.

Unstructured Data 94

Unstructured Data Cost-Benefit Experimentation Machine Learning 94

CIO Business Intelligence

AUGUST 1, 2023

As many CIOs prepare their 2024 budgets and digital transformation priorities, developing a strategy that seeks opportunities to evolve business models, targets near-term operational impacts, prioritizes where employees should experiment, and defines AI-related risk-mitigating plans is imperative.

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Experimentation 98

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. However, one strategy is consistently discussed and deployed – a hybrid data cloud. Focus on Business Strategy First.

Slice and Dice 112

Slice and Dice Cost-Benefit Risk Data Governance 112

CIO Business Intelligence

NOVEMBER 7, 2022

It also requires steps for planning the infrastructure at scale, instituting compliance and governance, creating an edge security strategy , and partnering with impacted teams to ensure a successful transformation. Have business leaders defined realistic success criteria and areas of low-risk experimentation?

Machine Learning 128

Machine Learning Data Science Experimentation IoT 128

O'Reilly on Data

SEPTEMBER 15, 2020

Technical competence results in reduced risk and uncertainty. AI initiatives may also require significant considerations for governance, compliance, ethics, cost, and risk. Likewise, AI doesn’t inherently optimize supply chains, detect diseases, drive cars, augment human intelligence, or tailor promotions to different market segments.

Cost-Benefit 293

Cost-Benefit Advertising ROI Machine Learning 293

CIO Business Intelligence

JULY 3, 2023

The 2023 State of the CIO survey reveals that 71% of CIO respondents anticipate greater involvement in business strategy over the next three years with 85% stating they were becoming more digital- and innovation-focused. These models can extract meaning from digital data at scale and speed beyond the capabilities of human analysts.

Management 105

Management Experimentation Modeling Enterprise 105

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. in concert with Microsoft’s AI-optimized Azure platform.

Risk 139

Risk Manufacturing Enterprise Technology 139

CIO Business Intelligence

OCTOBER 9, 2023

Tech leaders must focus on a business-aligned tech strategy to deliver on the competing mandates, Guarini says. “A A business-aligned technology strategy is built on architecture and agility, the ‘what’ and the ‘how’ of better alignment,’’ he explains. Performance improves when the culture of collaboration is strong.”

Strategy 136

Strategy Technology Experimentation Testing 136

Ontotext

JULY 6, 2023

Let’s consider an example about risk and opportunity event detection. Case studies The risk and opportunity event detection use case discussed above combines all of Ontotext’s capabilities: storing and managing large amounts of data adding meaning to it (e.g.,, The business benefits here are also significant.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

The Unofficial Google Data Science Blog

JULY 22, 2020

by ALEXANDER WAKIM Ramp-up and multi-armed bandits (MAB) are common strategies in online controlled experiments (OCE). These strategies involve changing assignment weights during an experiment. The first is a strategy called ramp-up and is advised by many experts in the field [1].

Experimentation 95

Experimentation Statistics Testing Strategy 95

CIO Business Intelligence

OCTOBER 1, 2022

The digital transformation of P&G’s manufacturing platform will enable the company to check product quality in real-time directly on the production line, maximize the resiliency of equipment while avoiding waste, and optimize the use of energy and water in manufacturing plants.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

O'Reilly on Data

MARCH 31, 2020

This means that the AI products you build align with your existing business plans and strategies (or that your products are driving change in those plans and strategies), that they are delivering value to the business, and that they are delivered on time. AI product estimation strategies.

Management 332

Management Machine Learning Experimentation Metrics 332

CIO Business Intelligence

MARCH 6, 2023

So Holden, who has been CIO at Halfords — the UK’s largest retailer of motoring and cycling products and services — since 2017, developed a strategy to reorganize his tech team. Caldas adds: “Today, we are aligned as a global organization oriented around a single set of strategies, roadmaps, and vision statements about where we are going.

IT 134

IT Strategy Cost-Benefit Consulting 134

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. AGI wouldn’t just perceive its surroundings; it would understand them.

Cost-Benefit 94

Cost-Benefit Modeling Manufacturing Interactive 94

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. Follow a value-focused strategy.

Digital Transformation 94

Digital Transformation Cost-Benefit Informatics Data mining 94

CIO Business Intelligence

JUNE 6, 2023

CIOs should have plans for the upsides and also develop risk mitigation strategies. CIOs should define a specialized co-creation model , optimized for collaborating with startups, that can be very different from their in-house development strategies and partnerships with larger service providers.

Key Performance Indicator 106

Key Performance Indicator Cost-Benefit Enterprise Experimentation 106

CIO Business Intelligence

SEPTEMBER 12, 2022

Prioritize time for experimentation. One instance of how that exploration led to real business benefits was with the application of machine learning to predict optimal product formulation using a set of desired consumer benefits. Change Management, Innovation, IT Leadership, IT Strategy

Experimentation 132

Experimentation Consulting Technology Machine Learning 132

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. Life insurance needs accurate data on consumer health, age and other metrics of risk. Now, there is a data risk here. And then there is the Cloud.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

CIO Business Intelligence

MARCH 6, 2023

Optimizing for innovation Analytics in cloud is also proving key to Shutterstock operations. The company relies on Amazon QuickSight and Athena to add visualizations and perform deep queries on its data to ensure optimal performance across the application lifecycle, Frazer says. That is invaluable when optimizing your site.”

Data Lake 66

Data Lake Cost-Benefit Recreation/Entertainment Experimentation 66

AWS Big Data

JULY 20, 2023

Orca Security is an industry-leading Cloud Security Platform that identifies, prioritizes, and remediates security risks and compliance issues across your AWS Cloud estate. Therefore, optimizing the EMR clusters for this type of load while maintaining high throughput and low costs has been an ongoing challenge.

Data Lake 84

Data Lake Analytics Snapshot Optimization 84

FineReport

DECEMBER 11, 2019

– Data Divination: Big Data Strategies. Effective use of big data helps companies analyze critical information more accurately, ultimately improving operational efficiency, reducing costs, reducing risk, accelerating innovation, and increasing revenue. By Pam Baker and Bob Gourley. Big data is changing our world.

Big Data 98

Big Data Statistics Experimentation Data Strategy 98

Cloudera

JUNE 6, 2019

Multi-tenancy Strategies with Virtual Private Clusters. Prior to using Virtual Private Clusters, cluster admins need to decide on an isolation strategy for the compute-only clusters. Here are three possible strategies they may consider: 1) By user, team, or business unit. In other words, tenants map to human beings.

Metadata 86

Metadata Data Lake Optimization Strategy 86

AWS Big Data

JULY 3, 2023

Backtesting is a process used in quantitative finance to evaluate trading strategies using historical data. This helps traders determine the potential profitability of a strategy and identify any risks associated with it, enabling them to optimize it for better performance. Sell 1 (PVH, PVH) 2022-09-06 18321.729571 55.15

Snapshot 80

Snapshot Data Lake Testing Strategy 80

Domino Data Lab

JANUARY 24, 2019

These data scientists require the flexibility to use a constantly-evolving software and hardware stack to optimize each step of their model lifecycle. For example, an insurance company could task a team of expert data scientists to work collaboratively in a code-first platform to develop their proprietary claims risk models.

Data Science 65

Data Science Marketing Data-driven Statistics 65

Domino Data Lab

JULY 2, 2019

SQL optimization provides helpful analogies, given how SQL queries get translated into query graphs internally , then the real smarts of a SQL engine work over that graph. The query graph provides metadata that gets leveraged for optimizations at multiple layers of the relational database stack. SQL and Spark. That’s good stuff.

Metadata 105

Metadata Machine Learning Data Science Data-driven 105

CIO Business Intelligence

JUNE 27, 2022

I’m now primarily focused on product strategy, organizational efficiency, and generally trying to make sure we don’t forget where we came from, especially around the open source side of things. A lot of the current approaches feel very experimental and are tough to see as maintainable, so there’s certainly still room for growth here.

Software 106

Software Experimentation Testing Marketing 106

Ontotext

NOVEMBER 2, 2023

The data itself is stored in a way that is not optimal for extracting insight. And while there is a great deal of experimentation underway, most organizations have only scratched the surface in a use-case-by-use-case fashion. This is partly because integrating and moving data is not the only problem.

IT 69

IT Cost-Benefit Data-driven Technology 69

Occam's Razor

JANUARY 9, 2012

A huge part of the last few years for me have been about bringing more data, better strategies, more powerful tools, ever more impactful keynotes to people around the world. Get the senior-most people in the largest companies in the world to unlock their imaginations when it comes to their digital existence via impactful digital strategies.

Marketing 140

Marketing B2B Measurement Risk 140

The Unofficial Google Data Science Blog

OCTOBER 12, 2017

We data scientists now have access to tools that allow us to run a large numbers of experiments, and then to slice experimental populations by any combination of dimensions collected. Make experimentation cheap and understand the cost of bad decisions. This leads to the proliferation of post hoc hypotheses.

Experimentation 61

Experimentation Testing Statistics Metrics 61