Rocket-Powered Data Science

FEBRUARY 15, 2023

3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? Those F’s are: Fragility, Friction, and FUD (Fear, Uncertainty, Doubt). It is important to realize that the usual “hype cycle” rules prevail in such cases as this.

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

IBM Big Data Hub

MARCH 25, 2024

Get the study: The Revolutionary Content Supply Chain A content supply chain brings together people, processes, and technology to effectively plan, create, produce, launch, measure, and manage content. Modernizing a workflow to introduce a content supply chain means disruption and uncertainty.

Uncertainty 103

Uncertainty Cost-Benefit Risk Measurement 103

CIO Business Intelligence

MARCH 14, 2022

In How to Measure Anything , Douglas Hubbard offers an alternative definition of “measurement” to the Oxford English Dictionary’s “the size, length, or amount of something.” Hubbard defines measurement as: “A quantitatively expressed reduction of uncertainty based on one or more observations.”.

Uncertainty 104

Uncertainty Measurement Cost-Benefit Optimization 104

DataRobot

AUGUST 5, 2021

After Banjo CEO Damien Patton was exposed as a member of the Ku Klux Klan, including involvement in an anti-Semitic drive-by shooting, the state put the contract on hold and called in the state auditor to check for algorithmic bias and privacy risks in the software. The good news was the software posed less risk to privacy than suspected.

Uncertainty 98

Uncertainty Sales Risk Statistics 98

IBM Big Data Hub

JUNE 12, 2023

As public cloud technology and hybrid multicloud architectures are being adopted in financial institutions at an increasing rate, we’re observing that their counterparts in the public sector— central banks—are a long way behind, due at least in part to a profoundly risk-averse approach.

Strategy 92

Strategy Cost-Benefit Digital Transformation Uncertainty 92

Cloudera

DECEMBER 3, 2021

Surely there are ways to comb through the data to minimise the risks from spiralling out of control. This involves identifying, quantifying and being able to measure ethical considerations while balancing these with performance objectives. Systems should be designed with bias, causality and uncertainty in mind. System Design.

Uncertainty 97

Uncertainty Measurement Metrics Risk 97

CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Those Three Big Acronyms are still important for fine-tuning your IT operations, but success today is increasingly measured in business outcomes. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

CIO Business Intelligence

DECEMBER 18, 2023

Other fears cover compliance with emerging AI regulations and the risk of models becoming contaminated or biased through adversarial attacks. As some executives suggested, it would benefit the enterprise more to monitor the AI traffic at an aggregate (not employee-specific) level to understand the risks of public LLM usage.

Enterprise 119

Enterprise Management Risk Uncertainty 119

O'Reilly on Data

MARCH 31, 2020

Machine learning adds uncertainty. If you’re already a software product manager (PM), you have a head start on becoming a PM for artificial intelligence (AI) or machine learning (ML). You already know the game and how it is played: you’re the coordinator who ties everything together, from the developers and designers to the executives.

Management 332

Management Machine Learning Experimentation Metrics 332

CIO Business Intelligence

SEPTEMBER 20, 2023

They are afraid of failure and the uncertainty of knowledge work, and so that’s stressful. Agile is an amazing risk management tool for managing uncertainty, but that’s not always obvious.” The key is recognizing that planning must be an agile discipline, not a standalone activity performed independently of agile teams.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

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. The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts.

Modeling 119

Modeling Forecasting Reporting Risk 119

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 141

Risk Manufacturing Enterprise Technology 141

Jedox

SEPTEMBER 3, 2020

The new normal introduced new risks from employee health and safety, supply chain stress and government mandates – all with working capital implications. The new normal introduced new risks from employee health and safety, supply chain stress and government mandates – all with working capital implications.

Uncertainty 81

Uncertainty Forecasting Digital Transformation Risk 81

CDW Research Hub

OCTOBER 19, 2021

Strengthens CDW’s Financial Profile through Margin Expansion and Non-GAAP EPS Accretion. LINCOLNSHIRE, Ill.–(BUSINESS –(BUSINESS WIRE)– CDW Corporation (Nasdaq: CDW) (“CDW” or “Company”) today announced it has entered into a definitive agreement to acquire Sirius Computer Solutions, Inc. Sirius Holdco”).

Uncertainty 102

Uncertainty Sales Finance Cost-Benefit 102

Data Insight

APRIL 8, 2020

So, in the face of uncertainty, how should businesses be looking to use data to stay ahead? This phase is about identifying the specific segments, customers, channels or products that are at risk or represent an opportunity for growth. Measure – how are things changing? Monitor – what is happening?

Key Performance Indicator 52

Key Performance Indicator Analytics Measurement Uncertainty 52

CIO Business Intelligence

OCTOBER 25, 2023

The recent breach is a stark reminder of the importance of robust security measures and continuous monitoring to safeguard identity provider systems and protect against these potential impacts. Deception changes the dynamics by injecting uncertainty into your environment. When an IdP is compromised, the consequences can be severe.

Uncertainty 143

Uncertainty Measurement Data-driven Reporting 143

DataRobot

JULY 16, 2021

Accuracy — this refers to a subset of model performance indicators that measure a model’s aggregated errors in different ways. Just as trust needs to be established in our personal and business relationships, it also needs to be established between an AI user and the system. Performance. How large is the data set? Operations.

Machine Learning 98

Machine Learning Uncertainty Modeling Measurement 98

BizAcuity

MARCH 18, 2019

The consumer lending business is centered on the notion of managing the risk of borrower default. Credit scoring systems and predictive analytics model attempt to quantify uncertainty and provide guidance for identifying, measuring and monitoring risk. Benefits of Predictive Analytics in Unsecured Consumer Loan Industry.

Predictive Analytics 83

Predictive Analytics Analytics Cost-Benefit Data mining 83

DataRobot

JUNE 1, 2021

You should first identify potential compliance risks, with each additional step again tested against risks. Managing risk for any model involves understanding which monitoring and risk-mitigation procedures apply. Recognizing and admitting uncertainty is a major step in establishing trust.

Uncertainty 52

Uncertainty Machine Learning Advertising Risk 52

Jet Global

JUNE 23, 2020

As companies grapple with economic shutdowns, plummeting revenues, market instability, and economic uncertainty now and into the foreseeable future, they need financial insights more than ever before. It’s exactly the kind of capability companies need to move forward with any measure of clarity and confidence.

Reporting 98

Reporting Uncertainty Metrics Measurement 98

Sisense

MARCH 26, 2020

To effectively identify what measures need to be taken, analytics can help to summarize and predict how companies should evolve to survive in a challenging environment. Now is the time to apply the full force of business intelligence used by analytics teams to help navigate growing uncertainty. While companies such as Adobe Inc.,

Management 91

Management Cost-Benefit Uncertainty Digital Transformation 91

Cloudera

DECEMBER 11, 2020

Insurance and finance are two industries that rely on measuring risk with historical data models. To facilitate risk modeling in this new normal, agility and flexibility is required. COVID-19 has forced virtually every industry to embrace an acceleration in digital capabilities. Data Variety.

Insurance 91

Insurance Digital Transformation Unstructured Data Machine Learning 91

datapine

MAY 31, 2022

Everywhere you turn these days, “the cloud” is being talked about. It’s a hot topic, and as technologies continue to evolve at a rapid pace, the scope of the cloud continues to expand. Yes, this ambiguous term seems to encompass almost everything about us. The capabilities and breadth of the cloud are enormous.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

JULY 7, 2023

As an IT management framework, ITIL can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. ITIL certification is near the top of almost every list of must-have IT certifications, and for good reason.

Cost-Benefit 98

Cost-Benefit Strategy Management Uncertainty 98

Jet Global

JULY 23, 2020

Fortunately, the level of uncertainty has fallen considerably, as many businesses are beginning to re-open, albeit with some restrictions and under capacity restrictions. F&A should be monitoring receivables closely, understanding which customers may be at risk, and taking an aggressive stance on collections.

Uncertainty 95

Uncertainty Finance Cost-Benefit Reporting 95

IBM Big Data Hub

OCTOBER 18, 2022

It’s more vexing than regulation, cyber risk, and even supply chain disruptions. Most admit uncertainty around ROI and nearly half struggle with adequate insights from their data. It’s the most frequently identified challenge CEOs expect to face over the next two to three years. Sustainable Development Goals.

Uncertainty 52

Uncertainty Strategy Measurement ROI 52

IBM Big Data Hub

APRIL 18, 2024

This is the potential of artificial general intelligence (AGI), a hypothetical technology that may be poised to revolutionize nearly every aspect of human life and work. Imagine a self-driving car piloted by an AGI. It cannot only pick up a passenger from the airport and navigate unfamiliar roads but also adapt its conversation in real time.

Cost-Benefit 94

Cost-Benefit Modeling Manufacturing Interactive 94

CIO Business Intelligence

SEPTEMBER 12, 2022

It requires bold bets and a willingness to persevere despite setbacks, criticism, and uncertainty,’’ wrote McKinsey senior partners Laura Furstenthal and Erik Roth in a recent blog post. “It What didn’t change was the need for organizations to continue to move forward with digital initiatives. Fast-forward to 2022. Embrace failure.

Experimentation 133

Experimentation Consulting Technology Machine Learning 133

bridgei2i

JULY 8, 2020

They discuss the impact of the pandemic on enterprises and the need to adopt parallel windows – a short term window to get an enterprise’s operational system up and running as effectively as possible, and a medium-term outlook to mitigate the supply chain shocks and risks. Tune in, and don’t forget to subscribe!

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

Jet Global

OCTOBER 12, 2022

This measured approach is a welcome departure from the uncertainty produced by manual methods and substantial year-end changes. This carried a high degree of risk. They were also better prepared for audits and were no longer concerned about the risks associated with manual spreadsheets. Access Resource.

Software 52

Software Finance Uncertainty Risk 52

Smart Data Collective

FEBRUARY 2, 2021

Especially during this time of uncertainty, customers want to know that the businesses they are buying from are ready to protect their personal information. To reduce this risk, companies should only keep the information they need and ensure that all necessary files are kept encrypted. Data breaches reduce customer retention rates.

Data Processing 64

Data Processing Risk Uncertainty Strategy 64

Jet Global

OCTOBER 8, 2020

It also decreases the risk of errors by eliminating disjointed, manual processes. And it’s possible to become lost in the minutiae of the many different metrics available to measure an organisation’s AR capabilities. Modern business intelligence (BI) tools can result in inefficiencies too.

Finance 98

Finance Reporting Forecasting Metrics 98

Jet Global

JULY 21, 2020

Relationships with critical suppliers should not be put at risk. This is a natural response during times of uncertainty. Cash flow is the lifeblood of every business, so there is good reason to keep a watchful eye on liquidity in the current environment. Payables, likewise, may be extended to improve cash flow.

Management 64

Management Sales Forecasting Measurement 64

Sisense

OCTOBER 6, 2020

Most commonly, we think of data as numbers that show information such as sales figures, marketing data, payroll totals, financial statistics, and other data that can be counted and measured objectively. We live in a world of data: There’s more of it than ever before, in a ceaselessly expanding array of forms and locations. or “how often?”

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98

bridgei2i

JUNE 3, 2020

Consumers feel threatened by the prolonged uncertainty, not having had to deal with anything like it, in their lives. Demand for minimal physical interaction/low human touch products: Due to the risk of infection, customers want to pick up products with minimal human contact. How COVID-19 Has Impacted Consumer Goods Industry.

Manufacturing 52

Manufacturing Forecasting Uncertainty Digital Transformation 52

Jet Global

SEPTEMBER 10, 2020

Living through periods of rapid upheaval and uncertainty, like the recent pandemic, forces us to adapt quickly to new working practices. One area that often goes overlooked is the value that can be achieved from the application of consolidated KPIs to measure major indicators. Extended Planning and Analysis (xP&A) On Demand.

Forecasting 52

Forecasting Finance Uncertainty Sales 52

BizAcuity

APRIL 1, 2023

Disruptive measures to help fight different types of disruption that was being witnessed for the first time. Something we’ll go over later in the article Agile project development became a trending topic during the pandemic as a faster time-to-market became a unique competitive advantage for many organizations. Read more about Kanban here.

Software 52

Software Manufacturing Testing Visualization 52