CIO Business Intelligence

MARCH 10, 2023

Digital transformation has brought significant adoption of new technology and business models, including cloud solutions, e-commerce platforms, smart devices, and a significantly more distributed workforce. These, in turn, have brought with them an increase in new threats, risks, and cybercrime.

Digital Transformation 118

Digital Transformation Cost-Benefit ROI Risk 118

O'Reilly on Data

MARCH 31, 2020

Instead of writing code with hard-coded algorithms and rules that always behave in a predictable manner, ML engineers collect a large number of examples of input and output pairs and use them as training data for their models. Machine learning adds uncertainty. Models also become stale and outdated over time.

Management 327

Management Machine Learning Experimentation Metrics 327

Smart Data Collective

FEBRUARY 14, 2023

The good news is that predictive analytics technology is making it easier for people to boost their ROI and tweak their portfolios to align with their investment goals. Before you can create a strategy, you must determine your risk tolerance. There are a few things to consider when weighing your risk tolerance.

Predictive Analytics 107

Predictive Analytics Management Analytics Risk 107

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

Others argue that there will still be a unique role for the data scientist to deal with ambiguous objectives, messy data, and knowing the limits of any given model. This classification is based on the purpose, horizon, update frequency and uncertainty of the forecast. This defines the ROI on the investment of human time.

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

Domino Data Lab

MAY 15, 2019

Unfortunately, a common challenge that many industry people face includes battling “ the model myth ,” or the perception that because their work includes code and data, their work “should” be treated like software engineering. This work includes model improvements as well as adding new signals and features into the model.

Machine Learning 111

Machine Learning Management Experimentation Uncertainty 111

IBM Big Data Hub

APRIL 18, 2024

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

Cost-Benefit 90

Cost-Benefit Modeling Manufacturing Interactive 90

CIO Business Intelligence

JUNE 28, 2023

These circumstances have induced uncertainty across our entire business value chain,” says Venkat Gopalan, chief digital, data and technology officer, Belcorp. “As Belcorp operates under a direct sales model in 14 countries. Its brands include ésika, L’Bel, and Cyzone, and its products range from skincare and makeup to fragrances.

Digital Transformation 78

Digital Transformation Cost-Benefit Informatics Data mining 78

erwin

AUGUST 13, 2020

managing risk vs ROI and emerging countries)? Compliance and Legislation : How do we manage uncertainty around legislative change (e.g., And the platform also supports business process modeling and analysis. Here are some of the issues and questions being raised: Growth : How do we define growth strategies (e.g.,

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

Timo Elliott

MARCH 6, 2023

He explains that automation and innovation have become critical as the world experiences supply chain disruptions, inflation, extreme weather events, worker shortages, and uncertainty. One example is a company that uses AI and machine learning models to predict the impact of weather and external economic data on their business.

Machine Learning 111

Machine Learning Cost-Benefit Uncertainty ROI 111

CIO Business Intelligence

APRIL 6, 2022

If anything, the past few years have shown us the levels of uncertainty we are facing. The race to embrace digital technologies to compete and stay relevant in emerging business models is compelling organizations to shift focus. Accelerate Innovation.

Experimentation 74

Experimentation Data Lake Uncertainty Enterprise 74

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. Learn how CEOs inspire new partnership models to turn sustainability goals into action.

Uncertainty 52

Uncertainty Strategy Measurement ROI 52

Domino Data Lab

JUNE 23, 2019

They lack probably what a lot of folks in this room have in terms of domain expertise around data, machine learning, and how these models work. And then you’ll do a lot of work to get it out and then there’ll be no ROI at the end. The social problem of bridging these worlds is one of the hardest things to do.

Management 110

Management Machine Learning Experimentation Metrics 110