O'Reilly on Data

MARCH 31, 2020

Machine learning adds uncertainty. Underneath this uncertainty lies further uncertainty in the development process itself. There are strategies for dealing with all of this uncertainty–starting with the proverb from the early days of Agile: “ do the simplest thing that could possibly work.” What delivers the greatest ROI?

Management 332

Management Machine Learning Experimentation Metrics 332

CIO Business Intelligence

MARCH 23, 2023

As the world continues to experience economic uncertainty, IT leaders look to tighten budgets, consolidate tools and resources, and generally become more risk-averse when evaluating new investments. So how can you request a new investment from your decision-makers while ensuring minimal costs and maximum ROI this year?

Scorecard 59

Scorecard Cost-Benefit ROI IT 59

CIO Business Intelligence

FEBRUARY 7, 2023

In economic uncertainty, it’s natural for executives to explore where to reduce spending, trim the fat , so to speak, and cut enterprising investments as a matter of caution. But this thinking is also counter-productive for all the reasons that make uncertainty so predictable. There’s much to be done.

Uncertainty 108

Uncertainty Cost-Benefit Sales Reporting 108

Andrew White

DECEMBER 16, 2019

As such an ROI would have been impossible. See Data and Analytics Strategies Need More-Concrete Metrics of Success. In summary therefore we could say that half of IT investments might be ROI based; the other half are justified using things like faith, hope, and charity. The article notes this as cognitive uncertainty.

Uncertainty 40

Uncertainty ROI Metrics Strategy 40

CIO Business Intelligence

JANUARY 4, 2023

Though composable infrastructure may remove the restrictions of traditional architectures, there’s debate [3] about whether it can scale and whether the ROI would be reached by increased flexibility and utilization. Yes, specific AI workflows require special hardware configurations.

Cost-Benefit 59

Cost-Benefit Machine Learning Modeling Uncertainty 59

IBM Big Data Hub

SEPTEMBER 11, 2023

Government executives face several uncertainties as they embark on their journeys of modernization. Each recommendation was grounded in the user research conducted and validated to render significant return on investment (ROI) to the business mission of AZDCS. frequency (how many occurrences?), time (how much time is lost?)

Data-driven 90

Data-driven IT Measurement Cost-Benefit 90

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

This classification is based on the purpose, horizon, update frequency and uncertainty of the forecast. The ROI of human involvement When it comes to human involvement, the key difference is in the magnitude of costs associated with any one forecast cycle. This defines the ROI on the investment of human time.

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113