Cloudera

OCTOBER 18, 2023

Automated Research and Reporting Automate the process of gathering, analyzing, and reporting financial data and market trends, reducing the time and cost of manual research for faster decision-making. Portfolio Optimization Analyze a portfolio of investments and identify opportunities to optimize returns while managing risk.

Cost-Benefit 75

Cost-Benefit Testing Machine Learning Optimization 75

CIO Business Intelligence

JULY 28, 2023

In fact, according to Samsara’s State of Connected Operations Report , connected operations leaders who reported the highest level of digital maturity were 6x more likely to exceed their financial goals by 25% or more. A closed feedback loop with end users at this stage is critical as well. If not, move on to the next!

IT 98

IT Experimentation Digital Transformation Marketing 98

Smarten

MAY 17, 2023

In relation to the ChatGPT trend, a recent Gartner report states that business should, “Recognize that this is a very early stage and a hyped technology” with potentially significant uses. “So, proceed, but don’t over pivot.”

Digital Transformation 52

Digital Transformation Experimentation Risk Testing 52

DataKitchen

OCTOBER 5, 2021

DataOps enables: Rapid experimentation and innovation for the fastest delivery of new insights to customers. Instead of focusing on a narrowly defined task with minimal testing and feedback, DataOps focuses on adding value. Create tests. Test data automation – create test data for development on-demand.

Testing 157

Testing Dashboards Measurement Experimentation 157

CIO Business Intelligence

NOVEMBER 7, 2022

A recent IDC report on AI projects in India [1] reported that 30-49% of AI projects failed for about one-third of organizations, and another study from Deloitte casts 50% of respondents’ organizational performance in AI as starters or underachievers. Are data science teams set up for success?

Machine Learning 128

Machine Learning Data Science Experimentation IoT 128

Decision Management Solutions

MARCH 26, 2020

Those trying to improve and optimize their decisions report various challenges. Randomly select groups of customers and use the experimental approach on them, to prevent bias, and ensure a clean test Keep information on both groups – what you would normally do and what you experimented on – so you can compare the approaches later.

Experimentation 72

Experimentation Recreation/Entertainment Optimization Testing 72

Smart Data Collective

JULY 9, 2023

One report found that global e-commerce brands spent over $16.7 These tools provide comprehensive reports and analyses that can help you understand user behavior on your website, giving you insight into vital metrics, conversion funnels, and geographical and demographic data. billion on analytics last year.

Optimization 73

Optimization Data Analytics Analytics Data-driven 73

CIO Business Intelligence

JUNE 1, 2023

A report from Sitecore based on its AI & Composable Marketing Software Survey found that nearly 4 in 5 (78%) marketers believe that GAI will be instrumental in achieving the ideal customer experience (CX) not only through greater personalization but also through GAI’s ability to mine deep insights into individual customer needs and wants.

Marketing 96

Marketing B2B Experimentation Cost-Benefit 96

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. Our experimentation platform supports this kind of grouped-experiments analysis, which allows us to see rough summaries of our designed experiments without much work.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

Mark Raskino

AUGUST 30, 2017

The President of Iceland Olafur Ragnar Grimsson explained this phenomenon to me when I had the privilege to interview him in 2011 (Gartner Report: G00212784 ). “So 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.

Testing 53

Testing Experimentation Uncertainty Risk 53

Domino Data Lab

JUNE 13, 2019

Recently, Chhavi Yadav (NYU) and Leon Bottou (Facebook AI Research and NYU) indicated in their paper, “ Cold Case: The Lost MNIST Digits ”, how they reconstructed the MNIST (Modified National Institute of Standards and Technology) dataset and added 50,000 samples to the test set for a total of 60,000 samples. Did they overfit the test set?

Testing 83

Testing Data Science Experimentation Metadata 83

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. In a report on the failure rates of drug discovery efforts between 2013 and 2015, Richard K. Researching and developing new drugs involves multiple steps called “Phases.”

Experimentation 100

Experimentation Testing Modeling Strategy 100

CIO Business Intelligence

APRIL 4, 2022

The early days of the pandemic taught organizations like Avery Dennison the power of agility and experimentation. The meetings covered key relationships with direct reports, peers, and key leaders across the organization. Employee crowdsourcing can yield breakthrough ideas.

Experimentation 133

Experimentation Interactive Business Objectives Manufacturing 133

CIO Business Intelligence

AUGUST 16, 2023

But today, Svevia is driving cross-sector digitization projects where new technology for increased safety for road workers and users is tested. In some areas, they’re testing the use of roadside sensors, weather data, and data from vehicles. A third area to be optimized is the salting of roads during the winter.

Risk 89

Risk Cost-Benefit Digital Transformation Internet of Things 89

CIO Business Intelligence

OCTOBER 9, 2023

But while the report found that growth was important, it was outranked by improving the customer experience and operational excellence. Hyatt’s experimental mindset and listen-first approach are heavily applied to IT’s pursuit of innovation, he says. That is a tall order for CIOs, who feel the pressure to do it all.

Strategy 136

Strategy Technology Experimentation Testing 136

Ontotext

FEBRUARY 14, 2024

Data integration If your organization’s idea of data integration is printing out multiple reports and manually cross-referencing them, you might not be ready for a knowledge graph. With things like named graphs, layering the data, testing those what-if scenarios, and checking the state is fantastic. How do you do that?

Recreation/Entertainment 105

Recreation/Entertainment Data Integration Modeling Data Quality 105

CIO Business Intelligence

OCTOBER 18, 2023

Balancing risks, rewards The rate of pilot testing and POCs — this early in the game — is quite high, particularly for a rapidly advancing technology deemed by Elon Musk and others as potentially “civilization” destroying. CarMax CITO Shamim Mohammed confirms his company was using OpenAI’s GPT-3.x

Risk 138

Risk Manufacturing Enterprise Technology 138

CIO Business Intelligence

FEBRUARY 21, 2023

“Becoming the best connected brewer is making sure we strengthen the relationships with our customers, consumers, suppliers and employees in a context that’s fully digital,” he says, who reports into the CDO and was previously senior director for global information services. There’s also a growing emphasis on improving team performance.

Digital Transformation 101

Digital Transformation Sales Experimentation Optimization 101

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

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. Code (62%) : Gen AI helps developers write code more efficiently and with fewer errors.

Cost-Benefit 90

Cost-Benefit Modeling Manufacturing Interactive 90

CIO Business Intelligence

JULY 31, 2023

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode.

Strategy 98

Strategy Risk Enterprise Risk Management 98

Octopai

OCTOBER 26, 2022

When DataOps principles are implemented within an organization, you see an increase in collaboration, experimentation, deployment speed and data quality. SPC is the continuous testing of the results of automated manufacturing processes. SPC tests can do the same thing for the data flowing through your pipelines.

Data Quality 52

Data Quality Data Analytics Analytics Manufacturing 52

DataRobot

JUNE 8, 2021

Although modern medicine is founded on rigorous experimental design and statistical analysis, and many research studies have shown the superiority of objective analysis over human intuition, medical AI adoption will depend on consumer receptivity and trust in this new technology. The other was told that the data would be analyzed by an AI.

Data-driven 98

Data-driven Testing Marketing Experimentation 98

datapine

FEBRUARY 4, 2020

An important part of a successful business strategy is utilizing a modern data analysis tool and implementing a marketing report in its core procedures that will become the beating heart of acquiring customers, researching the market, providing detailed data insights into the most valuable information for any business: is our performance on track?

Reporting 280

Reporting Marketing Advertising Metrics 280

datapine

MAY 20, 2020

To put the power of CRM software (or customer relationship management dashboard software) into a living, breathing, real-world perspective, we’ll explore CRM dashboards in more detail, starting with basic definitions of such dashboards and reports while considering how you can use CRM dashboard software to your business-boosting advantage.

Dashboards 265

Dashboards Reporting KPI Visualization 265

Cloudera

APRIL 9, 2021

The third video in the series highlighted Reporting and Data Visualization. Reporting – data warehousing & dashboarding. A/B testing). The first blog introduced a mock vehicle manufacturing company, The Electric Car Company (ECC) and focused on Data Collection. And this blog will focus on Predictive Analytics.

Machine Learning 98

Machine Learning Forecasting Manufacturing Predictive Analytics 98

Domino Data Lab

AUGUST 6, 2021

The early definition now accepted as standard in the industry is: “The use of models invariably presents model risk, which is the potential for adverse consequences from decisions based on incorrect or misused model outputs and reports.” Model implementation. Also beware using a model outside of the environment for which it was designed.

Risk Management 64

Risk Management Risk Modeling Enterprise 64

Cloudera

FEBRUARY 16, 2022

They define each stage from data ingest, feature engineering, model building, testing, deployment and validation. Each AMP consists of a working prototype for a ML use case together with a research report. If a model’s lineage is completely captured, we know exactly what data was used to train, test and validate a model.

Machine Learning 81

Machine Learning Modeling Metadata Recreation/Entertainment 81

Domino Data Lab

APRIL 7, 2019

Extracting accurate information from free text is a must if you are building a chatbot, searching through a patent database, matching patients to clinical trials, grading customer service or sales calls, extracting facts from financial reports or solving for any of these 44 use cases across 17 industries.

Deep Learning 110

Deep Learning Machine Learning Experimentation Modeling 110

CIO Business Intelligence

JUNE 27, 2022

Tyson: Sentry is able to instrument a variety of languages and frameworks for automated error reporting. We rely heavily on automated testing. 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. I nerd out a bit when I see this.

Software 106

Software Experimentation Testing Marketing 106

FineReport

DECEMBER 11, 2019

Follow FineReport Reporting Software on Facebook to know more about data visualization! – Data Divination: Big Data Strategies. After the end of the work, I believe that there is no better way to relax than reading a book. I’m sure that these ten books will let you understand more about data analysis and answer your doubts!

Big Data 98

Big Data Statistics Experimentation Data Strategy 98

Alation

SEPTEMBER 28, 2022

Automated testing to ensure data quality. Monitoring and reporting of processes. This includes everything from data storage and warehousing solutions to artificial intelligence and analytics reporting tools. Technical environments and IDEs must be disposable so that experimental costs can be kept to a minimum. Simplicity.

Cost-Benefit 52

Cost-Benefit Data Quality Manufacturing Testing 52

Occam's Razor

SEPTEMBER 19, 2011

Then they isolated regions of the country (by city, zip, state, dma pick your fave) into test and control regions. People in the test regions will participate in our hypothesis testing. So for variation #3, no catalogs or email were sent to the customers in the test group. The nice thing is that you can also test that!

Measurement 119

Measurement Advertising Testing Marketing 119

Occam's Razor

AUGUST 22, 2011

Delibrate Your Data, Dig Into Your Data, Reimagine Content Reporting. The Difference Between Web Reporting And Web Analysis. Refuse Report Requests. Consultants, Analysts: Present Impactful Analysis, Insightful Reports. Produce Actionable Insights: Mate Custom Reports With Adv Segments! Web Analytics Demystified.

KPI 124

KPI Metrics Measurement ROI 124

Domino Data Lab

DECEMBER 4, 2020

Domino Lab supports both interactive and batch experimentation with all popular IDEs and notebooks (Jupyter, RStudio, SAS, Zeppelin, etc.). Once all packages have been imported, we can move on to loading our test data. PAINRELIEF – self-reported pain score (0=pain free, 1=mild pain, 2=moderate pain, 3=severe pain).

Metrics 59

Metrics Data Science Knowledge Discovery Measurement 59

CIO Business Intelligence

MAY 1, 2024

Pilots can offer value beyond just experimentation, of course. McKinsey reports that industrial design teams using LLM-powered summaries of user research and AI-generated images for ideation and experimentation sometimes see a reduction upward of 70% in product development cycle times. What are you measuring?

Cost-Benefit 130

Cost-Benefit Metrics Insurance Measurement 130

Occam's Razor

JULY 6, 2016

Today's post is an adjacent mistake: The cardinal sin of spending too much time with data and in reports! Yes, I worry that Analysts, and Marketers, are spending too much time with their head buried in custom reports and advance segments and smart calculated metrics and strategic or tactical dashboards. United Breaks Hearts.

Testing 86

Testing Marketing Experimentation Cost-Benefit 86