DataRobot Blog

MAY 26, 2022

In this post, we will dive deeper into how members from both the first and second line of defense within a financial institution can adapt their model validation strategies in the context of modern ML methods. In the model-fitting procedure, the modeler is then able to measure the impact of each factor against the outcome.

Risk 52

Risk Modeling Metrics Business Objectives 52

datapine

NOVEMBER 15, 2022

Product metrics are quantitative performance measurements used by businesses to gain insights into various areas like product development, pricing, quality, and more. By using interactive KPIs, product managers can optimize product strategies to ensure business growth. What Are Product Metrics? Types Of Product Metrics.

Metrics 141

Metrics KPI Measurement Dashboards 141

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. The new era of reporting is interactive and offers an insightful mix of real-time and historical insights.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

Smart Data Collective

JANUARY 30, 2023

So, how can one create software with as little risk as possible? Desperate times call for smart measures, which we’ve discussed and decided to present to you. They can see how their teams are interacting and whether certain members are missing deadlines or making consistent errors. Cyber attacks.

Software 98

Software Strategy Testing Advertising 98

datapine

OCTOBER 21, 2021

While traditional reports often include a summary, body, and conclusion in a written format, this post will focus on interactive monthly reports created with a professional dashboard creator. By providing a clear visual representation of how strategies are performing, clients can quickly see the value of their investment.

Reporting 211

Reporting Dashboards Metrics Cost-Benefit 211

Smart Data Collective

SEPTEMBER 2, 2023

Simply having a graph in front of you isn’t what enables you to make better business decisions; instead, it’s your interactions with data that really matter. And unfortunately, many of those interactions can be corrupted by inherent problems with data fixation. For example: Fixation on KPIs. Misleading conclusions.

Key Performance Indicator 114

Key Performance Indicator Statistics Metrics Interactive 114

CIO Business Intelligence

SEPTEMBER 26, 2023

Management rules typically exist to enable faultless decision-making, set a foundation for consistent operation, and provide protection from risk, observes Ola Chowning, a partner at global technology research and advisory firm ISG. Breaking a rule often happens after the CIO weighs the risk of removing or retaining a mandate,” she notes.

IT 136

IT Risk Cost-Benefit Consulting 136

datapine

MAY 2, 2023

According to studies, 92% of data leaders say their businesses saw measurable value from their data and analytics investments. The rise of SaaS business intelligence tools is answering that need, providing a dynamic vessel for presenting and interacting with essential insights in a way that is digestible and accessible.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

Smart Data Collective

SEPTEMBER 19, 2022

They can also anticipate industry trends, assess risks, and make strategic steps to elevate the customer experience. Improving Risk Assessment. Data analytics fintech provides crucial information financial institutions need to build a robust risk assessment strategy. Improving Security. Better UI/UX based on A/B testing.

Big Data 130

Big Data ROI Measurement Risk 130

O'Reilly on Data

JULY 28, 2020

These measures are commonly referred to as guardrail metrics , and they ensure that the product analytics aren’t giving decision-makers the wrong signal about what’s actually important to the business. When a measure becomes a target, it ceases to be a good measure ( Goodhart’s Law ). Any metric can and will be abused.

Marketing 363

Marketing Experimentation Metrics Testing 363

IBM Big Data Hub

MARCH 15, 2024

When a client is not able to properly visualize all applications and their underlying dependencies properly, they risk experiencing diminished reliability. Co-creation with IBM Garage™: Ideate, build, measure, iterate and scale solutions seamlessly with our end-to-end framework of design thinking, agile and DevOps practices.

Consulting 90

Consulting Cost-Benefit Risk Measurement 90

AWS Big Data

MAY 31, 2024

Real-time fraud detection – Identify suspicious activity the moment it occurs, enabling proactive measures to protect your customers and revenue from potential financial losses, bolstering trust and security in your business operations. Arity is a technology company focused on making transportation smarter, safer, and more useful.

Software 82

Software Analytics Cost-Benefit Data-driven 82

IBM Big Data Hub

MAY 17, 2024

To take one example, AI-facilitated tools like voice navigation promise to upend the way users fundamentally interact with a system. But as businesses around the globe rapidly adopt the technology to augment processes from merchandising to order management, there is some risk. But none of these use cases exist in a vacuum.

B2B 64

B2B Interactive Optimization Forecasting 64

CIO Business Intelligence

MAY 16, 2022

Gathering security executives from a variety of industries across Canada, the summit will focus on mitigating risk and building market trust. Joining McClurg on the opening day are seasoned information security leaders including Michael Castro, risk executive advisor and founder of RiskAware Inc.,

IT 87

IT Risk Strategy Interactive 87

Smart Data Collective

JUNE 1, 2022

Those that do not risk bankruptcy, as the costs of data breaches are horrifying. Usually, we find that the majority of cyber-attack victims are small businesses that are complacent with their data security measures. As the threat of data breaches grows, companies must raise the bar with their data security measures.

Revenue Optimization 139

Revenue Optimization Measurement Marketing Interactive 139

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. Otherwise, the risks become too significant. times higher ROI.

Enterprise 96

Enterprise ROI Risk Strategy 96

Cloudera

JUNE 4, 2024

From embracing automation to digital transformation initiatives, data plays a significant role in powering cost control strategies. Here are ten areas where Cloudera has enabled telcos to leverage open source and generative AI to implement cost control measures. Ten Strategies for Success 1.

Digital Transformation 73

Digital Transformation B2B Interactive Optimization 73

CIO Business Intelligence

JUNE 30, 2023

And we’ll let you in on a secret: this means nailing your data strategy. All of this renewed attention on data and AI, however, brings greater potential risks for those companies that have less advanced data strategies. Can I also trust the mechanism by which I share that data without exposing myself inappropriately to risk?

Internet of Things 80

Internet of Things Strategy Data Strategy Risk 80

datapine

AUGUST 12, 2020

Whether you manage a big or small company, business reports must be incorporated to establish goals, track operations, and strategy, to get an in-depth view of the overall company state. In the process, we will use an online data visualization software that lets us interact with, and drill deeper into bits and pieces of relevant data.

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

CIO Business Intelligence

JUNE 8, 2023

There’s a strong need for workers with expertise in helping companies make sense of data, launch cloud strategies, build applications, and improve the overall user experience. Key skills for the role include resource allocation, risk and change management, quality assurance, communication, and leadership and team building.

IT 136

IT Digital Transformation Software Risk 136

CIO Business Intelligence

OCTOBER 23, 2023

Indeed, a report released by authors from Carnegie Mellon, the Center for AI Safety, and the Bosch Center for AI showed how easy it is to get around safety measures in recently released AI chatbots, causing them to generate harmful and dangerous content. IT Governance, IT Governance Frameworks, IT Strategy

Measurement 131

Measurement Technology Strategy Interactive 131

datapine

OCTOBER 7, 2020

What gets measured gets done.” – Peter Drucker. By setting operational performance measures, you will know what is happening at every stage of your business. Since every business is different, it is essential to establish specific metrics and KPIs to measure, follow, calculate, and evaluate. Who will measure it?

KPI 269

KPI Metrics Sales Visualization 269

O'Reilly on Data

JUNE 16, 2020

We know, statistically, that doubling down on an 11 is a good (and common) strategy in blackjack. The quality of the decision is based on known information and an informed risk assessment, while chance involves hidden information and the stochasticity of the world. Risk, Probability, Impact, and Decisions.

Uncertainty 282

Uncertainty Testing Risk Reporting 282

CIO Business Intelligence

NOVEMBER 6, 2023

In this evolving IT investment landscape, the definition of risk has not changed, but the timeframe for response has shortened.” Prepare for a quantum leap in hacking IT leaders must prepare for security risks — even those that are still years away, says Dietmar Fauser, CIO of Symphony. IT leaders of today must prioritize strategic HR.”

IT 137

IT Risk Technology Measurement 137

FineReport

APRIL 9, 2024

Through interactive dashboards , these tools empower users across various departments to access and interpret data effectively. Additionally, BI tools enable organizations to adopt a data-driven approach to strategy formulation, leading to more informed decision-making at all levels.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

Cloudera

NOVEMBER 30, 2023

From the pioneering research of English mathematician and logician Alan Turing to the recent breakthroughs achieved by models like GPT-3/GPT-4, AI has undeniably transformed industries and revolutionized human-computer interactions.

Risk Management 80

Risk Management Risk Strategy Modeling 80

AWS Big Data

AUGUST 14, 2023

At the same time, unstructured approaches to data mesh management that don’t have a vision for what types of products should exist and how to ensure they are developed are at high risk of creating the same effect through simple neglect. How do we define “risk” and “value” in the context of data products, and how can we measure this?

Management 79

Management Risk Measurement Optimization 79

datapine

SEPTEMBER 29, 2022

5) How Do You Measure Data Quality? There are a lot of strategies that you can use to improve the quality of your information. With quality data at their disposal, organizations can form data warehouses for the purposes of examining trends and establishing future-facing strategies. Table of Contents. 2) Why Do You Need DQM?

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Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

NOVEMBER 9, 2023

They should be a champion for smart AI adoption, and be able to recognize and balance AI benefits with risks. They should be able to work collaboratively with many departments in developing AI strategy and vision, and they should be able to design and target relevant business use cases, assess project outcomes, and measure ROI in each case.

IT 120

IT Strategy Reporting Visualization 120

CIO Business Intelligence

MAY 6, 2024

Check out these strategies for leading well based on decades or experience from the C-suite. In these interactions, he also looks to avoid the projects colleagues aren’t enthusiastic about. We have candid discussions about anything from our enterprise strategy to how we manage work-life balance,” he says.

IT 120

IT Consulting Strategy Digital Transformation 120

O'Reilly on Data

SEPTEMBER 15, 2020

This in turn would increase the platform’s value for users and thus increase engagement, which would result in more eyes to see and interact with ads, which would mean better ROI on ad spend for customers, which would then achieve the goal of increased revenue and customer retention (for business stakeholders).

Cost-Benefit 300

Cost-Benefit Advertising ROI Machine Learning 300

CIO Business Intelligence

AUGUST 23, 2022

Technology that minimizes operational risk and provides advanced data management and protection that spans the entire edge-to-core continuum. An optimized network planning experience along with scalability and sustainability built-in, and a simple monthly payment with no upfront capital expenditure. Transitioning to Business Value .

Cost-Benefit 97

Cost-Benefit Business Objectives ROI Risk 97

Smart Data Collective

AUGUST 6, 2020

In order to stay safe, maritime organizations must invest in the proper security mechanisms and strategies. This has exposed vessels and maritime networks to increased risk. Many cyberattacks are made possible by giving physical access to people who have no business interacting with certain parts of the network or system.

Risk 96

Risk Measurement Strategy Risk Management 96

IBM Big Data Hub

FEBRUARY 20, 2024

These proactive measures are made possible by evolving technologies designed to help people adapt to the effects of climate change today. Climate modeling consists of using datasets and complex calculations to represent the interactions between major climate system components—namely, the atmosphere, land surface, oceans and sea ice.

Modeling 114

Modeling Forecasting Reporting Risk 114

Rocket-Powered Data Science

JULY 21, 2023

Here are four specific metrics from the report, highlighting the potentially huge enterprise system benefits coming from implementing Splunk’s observability and monitoring products and services: Four times as many leaders who implement observability strategies resolve unplanned downtime in just minutes, not hours or days.

Machine Learning 190

Machine Learning Metrics Reporting Internet of Things 190

BizAcuity

JULY 7, 2020

With the news of the development of promising vaccines making the rounds and the infection curve seemingly stabilizing, the world has progressed into ideating strategies and action plans to safely transition into a post COVID 19 working environment. So, begin with resuming familiar and sure-to-work revenue management strategies.

Revenue Optimization 98

Revenue Optimization Measurement Interactive Marketing 98

Smart Data Collective

JUNE 24, 2023

Fortunately, new advances in machine learning technology can help mitigate many of these risks. Machine learning technology can do wonders to help reduce the risk of cryptocurrency thefts Over the past few years, we have seen a growing number of hackers weaponize artificial intelligence.

Machine Learning 78

Machine Learning Broadcasting Risk Data mining 78