BI-Survey

MARCH 16, 2021

Corporate planning and forecasting needs to be carried out efficiently, in shorter cycles and must be updated quickly for well-founded decision-making. Increasing dynamics demand adjustments to the corporate management process – as well as strategic planning and forecasting – to meet growing requirements.

Forecasting 52

Forecasting Management Uncertainty Predictive Modeling 52

BI-Survey

MARCH 16, 2021

Corporate planning and forecasting needs to be carried out efficiently, in shorter cycles and must be updated quickly for well-founded decision-making. Increasing dynamics demand adjustments to the corporate management process – as well as strategic planning and forecasting – to meet growing requirements.

Forecasting 52

Forecasting Management Uncertainty Predictive Modeling 52

IBM Big Data Hub

MARCH 25, 2024

For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well. Longer-term local climate change risks might still devalue property that hasn’t suffered damage. As a result, their market would shrink.

Insurance 97

Insurance Forecasting Risk Risk Management 97

CIO Business Intelligence

FEBRUARY 5, 2024

A PwC report, for instance, found that 84% of CIOs expect to use genAI to support a new business model in 2024. Predictive AI: This technology is forward-looking, analyzing past data to unearth predictive patterns and then using current data to provide accurate forecasts of what will happen in the future.

Testing 143

Testing Risk Forecasting Data-driven 143

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

ln this post he describes where and how having “humans in the loop” in forecasting makes sense, and reflects on past failures and successes that have led him to this perspective. Our team does a lot of forecasting. It also owns Google’s internal time series forecasting platform described in an earlier blog post.

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

CIO Business Intelligence

FEBRUARY 2, 2024

A PwC report, for instance, found that 84% of CIOs expect to use genAI to support a new business model in 2024. Predictive AI: This technology is forward-looking, analyzing past data to unearth predictive patterns and then using current data to provide accurate forecasts of what will happen in the future.

Testing 142

Testing Risk Forecasting Data-driven 142

Jedox

SEPTEMBER 29, 2021

Does it make sense to have a complete separation between your company goals, sales reps targets, and compensation models? In this blog post, we’ll look at how you connect the dots between Sales Performance Management and xP&A. What is Sales Performance Management?

Sales 97

Sales Management Forecasting Risk 97

bridgei2i

APRIL 23, 2020

At least four staff members of (Royal bank of Scotland (RBS) died : the managers of Walton and London Mincing Lane branches, a female clerk at Islington, and a boy clerk at Deptford. Europe is in worse shape than America, with banks in UK, Italy and Germany in the risk of being in red. Understanding & Managing Risks.

Risk 52

Risk Management Scorecard Forecasting 52

Cloudera

MARCH 2, 2022

Risk management is a highly dynamic discipline these days. Similarly, the European Central Bank is issuing stress testing requirements related to climate risk given the potential economic shifts related to addressing climate change. As part of these tests, the resiliency of institutions is modeled using hypothetical scenarios.

Testing 93

Testing Management Risk Management Forecasting 93

CIO Business Intelligence

JANUARY 26, 2023

Cloud cost managers are the solution. See Azure Cost Management , Google Cloud Cost Management , and AWS Cloud Financial Management tools for the big three clouds. Once your cloud commitment gets bigger, independent cost management tools start to become attractive.

Management 116

Management Forecasting Dashboards Optimization 116

Smart Data Collective

JULY 9, 2021

It also helps with creating a solid hiring model. It has been shown that big data can minimize employment risks during the hiring process. There are a lot of challenges that employees face when they try to forecast future staffing needs. Choosing the right staffing model. Reducing staffing costs.

Data Analytics 128

Data Analytics Management Analytics Big Data 128

CIO Business Intelligence

APRIL 4, 2024

“Everyone is running around trying to apply this technology that’s moving so fast, but without business outcomes, there’s no point to it,” says Redmond, CIO at power management systems manufacturer Eaton Corp. “We A human reviews it to make sure it makes sense, and if it does, the AI incorporates that into the learning model,” she says.

Enterprise 134

Enterprise Cost-Benefit Forecasting Strategy 134

DataRobot Blog

DECEMBER 6, 2022

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. Forecast Time Series at Scale with Google BigQuery and DataRobot. Data scientists are in demand: the U.S.

Experimentation 145

Experimentation Forecasting Data-driven Machine Learning 145

CIO Business Intelligence

JUNE 7, 2022

It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. To ensure robust analysis, data analytics teams leverage a range of data management techniques, including data mining, data cleansing, data transformation, data modeling, and more.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

Jet Global

NOVEMBER 16, 2020

It helps them to react to small and large market fluctuations in the most cost-effective and strategic manner, modelling ”what-if” situations according to both known and unknown information. Learn how to enable complex planning and forecasting processes. Discover our top tips for achieving tax agility in 2020. Cash tax payments: 13%.

Forecasting 98

Forecasting Snapshot Finance Recreation/Entertainment 98

Jet Global

JULY 30, 2020

As finance technology and financial management solutions evolve and incorporate artificial intelligence, cloud-based software, and other tools and features that enhance financial practices, it’s easy to assume that Excel’s relevance to businesses has either declined in recent years or is operating on borrowed time.

Forecasting 91

Forecasting Finance Cost-Benefit Software 91

CIO Business Intelligence

MAY 8, 2024

For Expion Health, a cumbersome manual process to determine what rates to quote to potential new customers had become a cap on the healthcare cost management firm’s ability to grow its business. We take the financial risk for this, which means that if there is anything that’s misrepresented, the money comes from our pocket.”

IT 108

IT Cost-Benefit Insurance Unstructured Data 108

CIO Business Intelligence

APRIL 29, 2024

As organizations roll out AI applications and AI-enabled smartphones and devices, IT leaders may need to sell the benefits to employees or risk those investments falling short of business expectations. CIOs and CTOs must also set the rules of the road for using AI and navigate or mitigate potential risk and ethics issues, he says.

Experimentation 135

Experimentation Forecasting Risk Consulting 135

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. Models can be designed, for instance, to discover relationships between various behavior factors.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

Jet Global

NOVEMBER 19, 2020

2020 brought with it a series of events that have increased volatility and risk for most businesses. Let’s look at some of the key risk categories that are often encountered by growing businesses. Credit Risk. An area of particular concern is credit risk concentration. Revenue Concentration Risk.

Risk 98

Risk Reporting Enterprise Sales 98

CIO Business Intelligence

MAY 14, 2024

Enterprises need to ensure that private corporate data does not find itself inside a public AI model,” McCarthy says. You don’t want a mistake to happen and have it end up ingested or part of someone else’s model. The excitement and related fears surrounding AI only reinforces the need for private clouds.

IT 139

IT Data Processing Enterprise Modeling 139

CIO Business Intelligence

APRIL 25, 2024

Using this action, sales reps and managers can ask Einstein Copilot to create a personalized close plan for an opportunity, including step-by-step tactics based on historical opportunity and account data, as well as recommended dates of action. Forecast Guidance.

Sales 120

Sales Cost-Benefit Forecasting Measurement 120

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT. Following are seven steps to guide this transformation for competitive advantage.

IT 137

IT Risk Cost-Benefit Risk Management 137

DataRobot Blog

MAY 31, 2022

For instance, in 2019, the Government Acquisition Office (GAO) researched and identified 35 high-risk hiring areas. The Office of Personnel Management (OPM) began tracking time-to-hire (T2H) requirements in 2008 and found that the average government hire took around 100 days. Use Case Results. Additional DataRobot Use Cases.

Management 59

Management Risk Testing Modeling 59

O'Reilly on Data

JANUARY 22, 2019

An exploration of three types of errors inherent in all financial models. At Hedged Capital , an AI-first financial trading and advisory firm, we use probabilistic models to trade the financial markets. All financial models are wrong. Clearly, a map will not be able to capture the richness of the terrain it models.

Modeling 134

Modeling Finance Uncertainty Data mining 134

CIO Business Intelligence

DECEMBER 11, 2023

Traditionally, the work of the CFO and the finance team was focused on protecting the company’s assets and reputation and guarding against risk. They can even optimize capital allocation decisions, such as dividend distribution versus share buy-back, by rapidly modeling multiple scenarios and market conditions.

Finance 104

Finance Forecasting IoT Predictive Modeling 104

CIO Business Intelligence

FEBRUARY 20, 2024

Others are weighing the advantages of subscription-based business models where industrial equipment, automation, and processes are delivered as a service. Nall comments: “Copilot can help manufacturers de-risk their supply chains by helping predict potential disruption so they can put mitigations in place ahead of time.”

Manufacturing 97

Manufacturing Sales Risk Management Forecasting 97

IBM Big Data Hub

MAY 17, 2024

Poorly run implementations of traditional or generative AI in commerce—such as models trained on inadequate or inappropriate data—lead to bad experiences that alienate consumers and businesses. AI models analyze vast amounts of data quickly and accurately.

B2B 49

B2B Interactive Optimization Forecasting 49

DataRobot Blog

AUGUST 18, 2022

Challenges in inventory management, demand forecasting, price optimization, and more can result in missed opportunities and lost revenue. AI in Supply Chain Management. AI can reduce costs and minimize supply chain challenges by driving more informed choices across all aspects of supply chain management.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

CIO Business Intelligence

APRIL 29, 2024

GitHub Copilot is still using a much smaller model,” Patel said. And although Microsoft may have lost out on a little revenue growth as a result of the capacity constraints, analysts said it is at no risk of losing new customers to its rivals. AWS and Google both have capacity issues as well.

Enterprise 105

Enterprise Data Processing Forecasting Modeling 105

Jedox

APRIL 21, 2020

Swift changes are forcing management to rethink operating models. In the face of unprecedented uncertainty, the question is how to quickly evaluate risk, opportunities and competitively allocate capital. This requires modeling, not casual empiricism. Many businesses are unprepared. In contrast, an opportunity exists.

Uncertainty 52

Uncertainty Modeling Management Finance 52

CIO Business Intelligence

FEBRUARY 13, 2024

Recent breakthroughs in generative AI (GenAI) are reshaping the technological landscape at an unprecedented rate, and IDC forecasts that annual worldwide spending on AI-centric systems will exceed 300 billion USD by 2026. We aim to empower the ICT ecosystem to develop their capabilities and thrive in the ever-evolving digital era.”

Data Processing 97

Data Processing Forecasting Risk Optimization 97

Jedox

SEPTEMBER 11, 2019

Even though we have so much advanced technology surrounding us, we still cannot just ask, “ Hey Siri, what’s my forecasted EBITDA look like ?” Many of the algorithms used for budgeting, planning, and forecasting are already in use and were proven decades ago. This is not just risk mitigation. ” Common FP&A Use Cases.

Forecasting 59

Forecasting Experimentation Sales Unstructured Data 59

CIO Business Intelligence

OCTOBER 16, 2023

Predictive AI uses advanced algorithms based on historical data patterns and existing information to forecast outcomes to predict customer preferences and market trends — providing valuable insights for decision-making. GenAI models can generate realistic images, compose music, write text, and even design virtual worlds.

Forecasting 134

Forecasting Machine Learning Software Data-driven 134

IBM Big Data Hub

MARCH 4, 2024

While many organizations have implemented AI, the need to keep a competitive edge and foster business growth demands new approaches: simultaneously evolving AI strategies, showcasing their value, enhancing risk postures and adopting new engineering capabilities. Consider the following: Do you need a public foundation model?

Enterprise 108

Enterprise ROI Risk Strategy 108

Jet Global

AUGUST 20, 2020

One such challenge TP teams are tasked with is understanding changes in allocated risk across different entities within their supply chains. Since these operations can be carried out in different countries and within different market segments, the risk to each entity from COVID-19’s impact will vary. Managing People Risk.

Management 72

Management Cost-Benefit Risk Forecasting 72

bridgei2i

MAY 26, 2020

Episode 6: The Impact of COVID-19 on Supply Chain Management. The Impact of COVID-19 on Supply Chain Management. By allowing that, they could have a steady demand forecast based on sensing algorithms and react faster to such events. What would you advise your peers managing supply chains? Listening time: 13 minutes.

Enterprise 131

Enterprise Management Forecasting Manufacturing 131