CIO Business Intelligence

JULY 23, 2023

Optimization also rose to the top of IT leaders’ lists: 67% measure success within their IT organization by better optimizing resources. Optimizing IT resources—namely infrastructure, processes, and people—fuels digital transformation and modernization, which drives businesses to keep pace in today’s tough economy.

Optimization 73

Optimization IT Digital Transformation Uncertainty 73

Occam's Razor

SEPTEMBER 15, 2011

Winners, well before they think data or tool, have a well structured Digital Marketing & Measurement Model. This article guides you in understanding the value of the Digital Marketing & Measurement Model (notice the repeated emphasis on Marketing, not just Measurement), and how to create one for yourself.

Measurement 166

Measurement Marketing Modeling Key Performance Indicator 166

CIO Business Intelligence

NOVEMBER 18, 2022

To optimize cloud investments, C-level executives are increasingly adopting cloud financial operations (FinOps). In this article, I’ll explore common cloud optimization and FinOps challenges and strategies for overcoming them. Then they must choose a financial model, whether an even split, fixed, or proportional model.

Optimization 90

Optimization KPI Key Performance Indicator Cost-Benefit 90

IBM Big Data Hub

JULY 25, 2023

Smart grids turn this model on its head. This software, and the insights it provides, can help providers predict demand patterns, identify potential issues and optimize the distribution network. Phasor measurement units (PMUs) monitor electrical waves on the electricity grid using a common time source for synchronization.

Optimization 59

Optimization Technology Measurement Cost-Benefit 59

Smart Data Collective

FEBRUARY 9, 2022

Luckily, there are a few analytics optimization strategies you can use to make life easy on your end. Helps you to determine areas of abnormal losses and profits to optimize your trading algorithm. Enables animation and object modeling of 3D charts for better analysis and testing.

Visualization 132

Visualization Optimization Analytics Testing 132

Cloudera

DECEMBER 21, 2023

Some are returning errors that are difficult to find—and if you’re missing KPIs you have to fix, optimize, and measure every bit of code, which can take a considerable amount of time and trial and error. Let’s say that the list of stores by sales just isn’t helping us understand our performance measures quite right.

Optimization 67

Optimization Sales Data Warehouse Measurement 67

Jet Global

FEBRUARY 5, 2024

Improper load optimization: Often caused by inefficient planning and inadequate utilization of cargo space, leading to poor transportation efficiency such as half-full containers. Optimize for a greener future: Leverage insights to implement resource-saving technologies, optimize logistics, and source from sustainable suppliers.

Optimization 52

Optimization Operational Reporting Manufacturing Reporting 52

IBM Big Data Hub

APRIL 19, 2024

Mobile-connected technicians experience improved safety through measures such as access control, gas detection, warning messages or fall recognition, which reduces risk exposure and enhances operational risk management (ORM) during work execution. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.

Management 89

Management Internet of Things Risk IoT 89

DataRobot Blog

APRIL 15, 2022

There is a need to optimize supply to meet demand. Although sunlight can seem to be a simple term, the solar radiation available is measured in terms of irradiance, specifically Direct Normal Irradiance, Diffuse Horizontal Irradiance, and Global Horizontal Irradiance. Courtesy: University of Oregon. Courtesy: NSRDB.

Forecasting 52

Forecasting Optimization Measurement Machine Learning 52

Jedox

JUNE 24, 2021

The description of the sales funnel is often used: individual stages of the sales process enable the measurement of key figures from the first contact to the conclusion with a signed contract or product purchased. Maximizing business value through improved collaboration is key to long-term optimization of marketing and sales operations.

Sales 94

Sales Marketing Optimization Metrics 94

Timo Elliott

FEBRUARY 8, 2023

New cloud platform technologies have unleashed new opportunities for business model innovation. With the Frischluftmanager, we can offer our customers those filters that optimize their energy needs as well as provide a total cost analysis. In addition, the majority of filter changes are performed according to fixed change intervals.

Modeling 98

Modeling Cost-Benefit Optimization Machine Learning 98

Jedox

NOVEMBER 23, 2021

The last blog post from our guest authors at smartPM.solutions was about S&OP maturity and the classification of your current S&OP situation according to the 5-stage Gartner S&OP Maturity Model. 5 steps to optimize S&OP performance. Step 1 – Product portfolio optimization based on strategic company goals.

Optimization 72

Optimization Forecasting Sales Measurement 72

KDnuggets

SEPTEMBER 20, 2022

When building and optimizing your classification model, measuring how accurately it predicts your expected outcome is crucial. That's where these additional performance evaluations come into play to help tease out more meaning from your model.

Metrics 160

Metrics Measurement Optimization Modeling 160

Cloudera

OCTOBER 20, 2021

What are the key climate risk measurements and impacts? How do institutions protect and optimize their balance sheets and portfolios? When it comes to measuring climate risk, generating scenarios will be a critical tactic for financial institutions and asset managers. A Partnership in Climate Risk Modelling.

Risk 80

Risk Modeling Risk Management Measurement 80

DataRobot

FEBRUARY 10, 2021

Even if all the code runs and the model seems to be spitting out reasonable answers, it’s possible for a model to encode fundamental data science mistakes that invalidate its results. These errors might seem small, but the effects can be disastrous when the model is used to make decisions in the real world.

Modeling 98

Modeling Deep Learning Machine Learning Testing 98

Domino Data Lab

MARCH 3, 2021

It’s often stated that nothing changes inside an enterprise because you’ve built a model. In some cases, data science does generate models directly to revenue, such as a contextual deal engine that targets people with offers that they can instantly redeem. But what about good decisions?

Metrics 93

Metrics Modeling Sales Data Science 93

IBM Big Data Hub

JUNE 14, 2023

And then you need highly specialized, expensive and difficult to find skills to work the magic of training an AI model. But that’s all changing thanks to pre-trained, open source foundation models. Sometimes, you don’t know what data a model was trained on because the creators of those models won’t tell you.

Modeling 90

Modeling Data Lake Enterprise Deep Learning 90

IBM Big Data Hub

AUGUST 7, 2023

Tackling complexities in clinical trial site selection: A playground for a new technology and AI operating model Enrollment strategists and site performance analysts are responsible for constructing and prioritizing robust end-to-end enrollment strategies tailored to specific trials. To do so they require data, which is in no shortage.

Optimization 57

Optimization Forecasting Data-driven Strategy 57

Smart Data Collective

MARCH 14, 2022

Data analytics technology is becoming a more important aspect of business models in all industries. Data Analytics is an Invaluable Part of SaaS Revenue Optimization. In this article, we will cover what SaaS sales is, the SaaS cycle, choosing strategies and models, and how to measure the success of SaaS sales.

Modeling 99

Modeling Analytics Sales Key Performance Indicator 99

O'Reilly on Data

JUNE 15, 2023

The world changed on November 30, 2022 as surely as it did on August 12, 1908 when the first Model T left the Ford assembly line. If we want prosocial outcomes, we need to design and report on the metrics that explicitly aim for those outcomes and measure the extent to which they have been achieved.

Metrics 283

Metrics Reporting Measurement Finance 283

CIO Business Intelligence

JANUARY 10, 2024

Optimizing cloud investments requires close collaboration with the rest of the business to understand current and future needs, building effective FinOps teams, partnering with providers, and ongoing monitoring of key performance metrics. You worry you don’t have enough capacity, so you overprovision,” he says.

Cost-Benefit 110

Cost-Benefit Measurement Optimization Metrics 110

Occam's Razor

JULY 22, 2013

Most of the frameworks we have also don't optimally capture the complexity of digital marketing and measurement. We (oh how I hate this) apply irrational and "narrow-view" measurement strategies toward understanding what is successful and what's not. Then there is Agile for engineering.

Measurement 163

Measurement Marketing Key Performance Indicator Metrics 163

IBM Big Data Hub

OCTOBER 16, 2023

It includes processes that trace and document the origin of data, models and associated metadata and pipelines for audits. Foundation models: The power of curated datasets Foundation models , also known as “transformers,” are modern, large-scale AI models trained on large amounts of raw, unlabeled data.

Risk 75

Risk Modeling Management Metadata 75

Rita Sallam

JUNE 2, 2023

Are there mitigation strategies that show reasons for optimism? For the vendors that participate in the Bake-Off and Show Floor Showdowns, it is in equal measure fun and extremely stressful. The results showing the impact of flooding, predictions for the future and reasons for optimism were fascinating.

Optimization 52

Optimization Insurance Machine Learning Risk 52

DataKitchen

FEBRUARY 27, 2024

Your LLM Needs a Data Journey: A Comprehensive Guide for Data Engineers The rise of Large Language Models (LLMs) such as GPT-4 marks a transformative era in artificial intelligence, heralding new possibilities and challenges in equal measure. DataOps ensures that the data retrieved is relevant, high-quality, and up-to-date.

Data Quality 120

Data Quality Unstructured Data Testing Modeling 120

Smart Data Collective

JANUARY 27, 2022

More businesses than ever are transitioning to data-driven business models. Not only will this help employees make better decisions, but it will also allow you to measure the effectiveness of your marketing campaigns and other initiatives. Big data technology has become a very important aspect of our lives. What are you waiting for?

Optimization 105

Optimization IT Big Data Cost-Benefit 105

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. See Ribeiro et al.

Modeling 139

Modeling Deep Learning Machine Learning Knowledge Discovery 139

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. If this sounds fanciful, it’s not hard to find AI systems that took inappropriate actions because they optimized a poorly thought-out metric.

Marketing 362

Marketing Experimentation Metrics Testing 362

Cloudera

FEBRUARY 16, 2022

In this example, the Machine Learning (ML) model struggles to differentiate between a chihuahua and a muffin. Will the model correctly determine it is a muffin or get confused and think it is a chihuahua? The extent to which we can predict how the model will classify an image given a change input (e.g. Model Visibility.

Machine Learning 82

Machine Learning Modeling Metadata Recreation/Entertainment 82

Occam's Razor

AUGUST 12, 2013

than multi-channel attribution modeling. By the time you are done with this post you'll have complete knowledge of what's ugly and bad when it comes to attribution modeling. You'll know how to use the good model, even if it is far from perfect. Multi-Channel Attribution Models. Linear Attribution Model.

Modeling 161

Modeling Optimization Marketing Interactive 161

DataKitchen

MARCH 16, 2023

How to measure your data analytics team? Under Velocity, the Mean Time to Deliver Data metric measures the time it takes to deliver data. The Data Change Request Ratio metric measures the rate of business demand for data. The Mean Time to Recovery metric measures how quickly defects can be resolved. Introduction.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

datapine

MAY 2, 2023

You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. According to studies, 92% of data leaders say their businesses saw measurable value from their data and analytics investments.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

The Unofficial Google Data Science Blog

APRIL 19, 2021

by LEE RICHARDSON & TAYLOR POSPISIL Calibrated models make probabilistic predictions that match real world probabilities. While calibration seems like a straightforward and perhaps trivial property, miscalibrated models are actually quite common. Why calibration matters What are the consequences of miscalibrated models?

Modeling 122

Modeling IT Metrics Testing 122

Rita Sallam

APRIL 2, 2023

Are there mitigation strategies that show reasons for optimism? For the vendors that participate in the Bake-Off and Show Floor Showdowns, it is in equal measure fun and extremely stressful. The results showing the impact of flooding, predictions for the future and reasons for optimism were fascinating.

Optimization 52

Optimization Machine Learning Insurance Risk 52

CIO Business Intelligence

AUGUST 18, 2023

For organizations seeking a collaborative win-win approach to outsourcing, the Vested sourcing business model is worth consideration. Pivot to an outcome-based business model Most outsourcing arrangements are traditionally built around a transactional model. Under the Vested model, the buyer specifies “what” they want.

Measurement 91

Measurement Modeling Risk Management 91

Domino Data Lab

JULY 1, 2021

In this blog post we present the Named Entity Recognition problem and show how a BiLSTM-CRF model can be fitted using a freely available annotated corpus and Keras. The model achieves relatively high accuracy and all data and code is freely available in the article. How to build a statistical Named Entity Recognition (NER) model.

Modeling 111

Modeling Statistics Testing Metrics 111

Domino Data Lab

SEPTEMBER 10, 2020

Building models requires a lot of time and effort. Data scientists can spend weeks just trying to find, capture and transform data into decent features for models, not to mention many cycles of training, tuning, and tweaking models so they’re performant. Certainly, organizations need to hire expert data science professionals.

Modeling 101

Modeling IT Data Science Experimentation 101