Smart Data Collective

OCTOBER 25, 2020

This is the kind of thing that architects can’t always anticipate when designing a building , so it’s good to make changes based on real data. More architects are going to use IoT devices in the near future to optimize their designs. This is going to increase their ROI tremendously. Maintenance. Customer Service.

IoT 144

IoT Software ROI Interactive 144

Corinium

APRIL 25, 2019

And more recently, we have also seen innovation with IOT (Internet Of Things). For example auto insurance companies offering to capture real-time driving statistics from policy-holders’ cars to encourage and reward safe driving. What do you recommend to organizations to harness this but also show a solid ROI?

Insurance 150

Insurance Risk IoT Cost-Benefit 150

Domino Data Lab

MAY 8, 2019

So much work in machine learning – either on the academic side which is focused on publishing papers or the industry side which is focused on ROI – tends to emphasize: How much predictive power (precision, recall) does the model have? Use of influence functions goes back to the 1970s in robust statistics.

Machine Learning 105

Machine Learning Data Science Modeling Visualization 105

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. What is the point of those obvious statistical inferences? This is prescriptive power discovery.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157