Domino Data Lab

AUGUST 1, 2021

In this article we cover explainability for black-box models and show how to use different methods from the Skater framework to provide insights into the inner workings of a simple credit scoring neural network model. The interest in interpretation of machine learning has been rapidly accelerating in the last decade.

Modeling 139

Modeling Deep Learning Machine Learning Knowledge Discovery 139

Cloudera

DECEMBER 11, 2020

A recent McKinsey survey, cited in CRN , shows that worldwide, 58 percent of customer interactions were digital as of July 2020. That compares to only 36 percent of customer interactions as of December 2019, which was before the pandemic impacted business, and only 20 percent in May 2018. Insurance . Data Variety.

Insurance 94

Insurance Digital Transformation Unstructured Data Machine Learning 94

CIO Business Intelligence

JANUARY 29, 2024

The evolving role of IT, coupled with new pandemic-era work models, has sifted the culture conversation away from in-office trappings. Not only does culture define who you are and how you interact with one another, it also impacts a team’s performance and productivity. To be clear, everyone still fancies a high-end perk.

IT 122

IT Insurance Digital Transformation Technology 122

O'Reilly on Data

OCTOBER 11, 2022

Data integration problems aren’t pretty; they’re boring, uninteresting, the “killing field of any modeling project,” as Lorien Pratt has said. How can you use it to analyze your current situation, and measure the results of any actions you take? If you take some action, what changes? Most actions have multiple effects.

Data Integration 286

Data Integration Insurance Dashboards Modeling 286

Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. Are you seeing any specific issues around the insurance industry at the moment that should concern CDAOs?

Insurance 150

Insurance Risk IoT Cost-Benefit 150

CIO Business Intelligence

MAY 31, 2022

They are the blueprints for all kinds of business functions, enabling disparate parts of the organization to work together and to interact with suppliers and customers. A company can only be as flexible, efficient, and agile as the interaction of its business processes allow. BPM vs. RPA.

Enterprise 76

Enterprise Management Interactive Software 76

CIO Business Intelligence

AUGUST 14, 2023

And when performed strategically in succession as Mahon has done at Werner, such quick wins can lead to much larger business transformation over time — with less big-bang disruption and change management thanks to measurable proof of enhancement along the way. That means if a class can be online, students want that option.

IT 81

IT Insurance Digital Transformation Broadcasting 81

DataRobot Blog

JULY 21, 2022

Outline clear metrics to measure success. Machine learning models created in silos are rarely implemented. The infrastructure team may want models deployed on a major cloud platform (such as Amazon Web Services, Google Cloud Platform, and Microsoft Azure), in your on-premises data center, or both. Define project scope.

Machine Learning 98

Machine Learning Metrics Modeling Testing 98

IBM Big Data Hub

MARCH 28, 2024

A private cloud is a single-tenant cloud computing model in which all of the hardware and software resources are dedicated exclusively to—and accessible only by—a single organization. High security: Certain industries, like insurance, are more prone to data breaches and cyberattacks. billion by 2033, up from USD 92.64

Enterprise 100

Enterprise Cost-Benefit Data Processing Software 100

IBM Big Data Hub

APRIL 18, 2024

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

Cost-Benefit 91

Cost-Benefit Modeling Manufacturing Interactive 91

AWS Big Data

MARCH 7, 2023

It covers how to use a conceptual, logical architecture for some of the most popular gaming industry use cases like event analysis, in-game purchase recommendations, measuring player satisfaction, telemetry data analysis, and more. It enables you to create interactive dashboards, visualizations, and advanced analytics with ML insights.

Analytics 74

Analytics Data Warehouse Data Lake Metadata 74

CIO Business Intelligence

AUGUST 15, 2023

Shamim Mohammad, CIO, CarMax CarMax That volume created a Sisyphean task for the company’s content writers, as they struggled to provide up-to-date information by make, model, and year for each vehicle in the company’s constantly changing inventory. For example, it can learn and use students’ names and provide personalized information.

IT 93

IT Manufacturing IoT Cost-Benefit 93

datapine

OCTOBER 21, 2020

Now that we live longer, treatment models have changed and many of these changes are namely driven by data. By utilizing key performance indicators in healthcare and healthcare data analytics, prevention is better than cure, and managing to draw a comprehensive picture of a patient will let insurance provide a tailored package.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

CIO Business Intelligence

MAY 16, 2023

The industries these decision-makers represented include insurance, banking, healthcare and life sciences, government, entertainment, and energy in the U.S. AI Opportunities Generative AI is the basis for sophisticated AI models such as ChatGPT and Dall-E. and tokenization.

Advertising 86

Advertising Recreation/Entertainment Experimentation Enterprise 86

Smart Data Collective

JULY 3, 2023

The National Association of Insurance Commissioners that there will be about 3.5 As major automotive manufacturers like BMW and Vauxhall introduce exciting new electric models like the BMW IX1 and Vauxhall Mokka E, the focus has shifted to integrating advanced software and algorithms to enhance their capabilities.

Software 74

Software Manufacturing Recreation/Entertainment Data-driven 74

Smart Data Collective

NOVEMBER 9, 2021

Anything that impairs the driver’s ability to safely operate a vehicle is considered distracted driving, but personal cell phone use is considered the most dangerous and prevalent practice by both the NHTSA and major auto insurance carriers such as GEICO. How Are Auto Companies Discouraging Distracted Driving?

Big Data 131

Big Data Manufacturing Risk Insurance 131

Occam's Razor

APRIL 30, 2018

The teams naturally gravitate towards optimization and measurement that spans their individual mini-universes. I cannot stress enough that these results can be positive (for the ad business and, in this case, the sales of insurance products). almost all of the advertising does not elicit any sort of interactivity.

Advertising 117

Advertising Metrics Measurement Insurance 117

CIO Business Intelligence

JUNE 13, 2023

Once wild and seemingly impossible notions such as large language models, machine learning, and natural language processing have gone from the labs to the front lines. Now some AI architects are eyeing the long-forgotten model of analog computation where values are expressed as voltages or currents.

IT 134

IT Scorecard Software Modeling 134

CIO Business Intelligence

OCTOBER 18, 2023

Of roughly 2,500 CIOs surveyed recently by Gartner, 9% say they have already deployed gen AI applications, and a staggering 55% say they will deploy large language models (LLMs) in production by the end of 2025. Snap, LexisNexis, and Lonely Planet are also developing and training LLM models, each leveraging their own data stored on AWS. “We

Risk 134

Risk Manufacturing Enterprise Technology 134

AWS Big Data

AUGUST 14, 2023

Taken together, the posts in this series lay out some possible operating models for data mesh within an organization. How do we define “risk” and “value” in the context of data products, and how can we measure this? Strategies for measuring value and prioritizing data products are explored later in this post.

Management 81

Management Risk Measurement Optimization 81

CIO Business Intelligence

MARCH 25, 2022

DORA, which is expected to be adopted soon, directly impacts most providers of financial services, including banks, insurance companies, brokerage firms, crypto-currency exchanges, and related fintech businesses. How regulatory requirements interact. DORA’s Impact. In Europe, you sometimes hear complaints about GDPR.

Finance 81

Finance KPI Risk IoT 81

Jet Global

JUNE 24, 2021

A non-profit key performance indicator (KPI) is a numerical measurement that gauges the ability of a non-profit organization in accomplishing its mission. Both structures aim to claim a bigger share of the market; however, most non-profit businesses engage in developing KPIs that measure societal influence as opposed to revenue.

Metrics 98

Metrics Reporting KPI Measurement 98

AWS Big Data

JUNE 6, 2023

For example, medical researchers found that across 79,000 emergency department encounters of pediatric patients in a hospital, incorrect or missing patient weight measurements led to medication dosing errors in 34% of cases. This simple pricing model doesn’t lock you into annual licenses.

Data Quality 96

Data Quality Statistics Data Lake Visualization 96

Decision Management Solutions

NOVEMBER 19, 2020

As experts in the field of decision management and decision modeling, we focus on helping organizations in various industries leverage technology tools to drive better business decisions. A Decision Model clearly spells out the role of AI in a business context. Use decision modeling to lay out the decision-making approach in detail.

IT 52

IT Modeling Insurance Technology 52

Smart Data Collective

JANUARY 7, 2022

However, some organizations are still unsure of what measures they should take to adapt to the cloud. Integrating a cloud-based system is the way how future businesses deliver their consumers the complete shopping experience without interacting in a physical environment. Analysts found that global organizations spent $41.8

Cost-Benefit 103

Cost-Benefit Sales Software Reporting 103

Ontotext

APRIL 3, 2024

So, this is a big driver for the outcome because when you are saving money for the business, you can measure it and see its value. ” Aurelije Zovko : For me, what’s also important is business productivity and one thing is to measure the business processes that bring revenue. There’s a lot of resistance and politics.

Technology 59

Technology Risk Digital Transformation Measurement 59

bridgei2i

JULY 8, 2020

And if you’re a banker or an insurer, you’re probably busy figuring out how to measure these risks, mobilize these resources, and fund capital that’s going to provide strong growth. Can we model the impact for such structural shocks? How do they translate into real-world behavior?

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

Insight

NOVEMBER 19, 2020

Part 2: Mining Cryptocurrency ( Part 1: Mental Models for Blockchain ) There is currently a lot of hype around cryptocurrencies, blockchain technology, and decentralized consensus systems. Align your interactions with blockchain and crypto to your values.

Insurance 52

Insurance Interactive Sales Measurement 52

FineReport

APRIL 9, 2024

Furthermore, maintaining data security and compliance requires continuous vigilance and proactive measures to safeguard against potential vulnerabilities. Through the utilization of predictive models, clinicians can forecast patient outcomes and resource needs, enabling early intervention and personalized care delivery.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

bridgei2i

JUNE 30, 2020

Secondly, brands are also not able to engage with their customers in a meaningful way for various reasons, unavailability of assisted support channels, there’s no face-to-face interactions, the products are unavailable. Listen Now Insurance is among the most-affected industries of the novel Coronavirus.

Enterprise 98

Enterprise Technology Digital Transformation Manufacturing 98

Sisense

JULY 29, 2021

This data can be used for fuel-consumption calculations and even to reduce insurance rates. Ride Vision is planning its next level of growth by partnering with motorcycle manufacturers as well as resellers and insurers. App users get a summary after each ride, including total distance, alerts, lean angles, and maximum speed.

Insurance 52

Insurance Marketing Uncertainty Reporting 52

Sisense

DECEMBER 11, 2019

The challenge is to do it right, and a crucial way to achieve it is with decisions based on data and analysis that drive measurable business results. He outlined how critical measurable results are to help VCs make major investment decisions — metrics such as revenue, net vs gross earnings, sales , costs and projections, and more.

Data Lake 80

Data Lake Big Data Sales Data-driven 80

Domino Data Lab

AUGUST 20, 2019

Feature engineering is useful for data scientists when assessing tradeoff decisions regarding the impact of their ML models. It is a framework for approaching ML as well as providing techniques for extracting features from raw data that can be used within the models. We can also modify the features before we start the modeling process.

Testing 68

Testing Modeling Interactive Measurement 68

Cloudera

NOVEMBER 25, 2020

And soon also sensor measures, and possibly video or audio data with the increased use of device technology and telemedicine in medical care. Scale to provide 1,000s of researchers frictionless interaction with data. This data needs to be seamlessly joined in the analytics he wants to provide to the researchers he will support.

Data Warehouse 58

Data Warehouse Unstructured Data Analytics Visualization 58

Peter James Thomas

AUGUST 12, 2018

This piece was prompted by both Olaf’s question and a recent article by my friend Neil Raden on his Silicon Angle blog, Performance management: Can you really manage what you measure? It is hard to account for such tweaking in measurement systems. Some relate to inherent issues with what is being measured.

Metrics 49

Metrics Statistics Data Quality Measurement 49

Occam's Razor

DECEMBER 12, 2016

I was speaking with a massive national insurance company recently. AND, that if I have good ideas, they will get to market very quickly – making our engagement worth the current interaction and the continued success of new ideas after the engagement. Digital Marketing & Measurement Model. That's it.

Analytics 141

Analytics Data-driven Strategy Consulting 141

Birst BI

OCTOBER 30, 2018

The output of these algorithms, when used in financial services, can be anything from a customer behavior score to a prediction of future trading trends, to flagging a fraudulent insurance claim. The credit scores generated by the predictive model are then used to approve or deny credit cards or loans to customers. Accounts in use.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73