CIO Business Intelligence

JANUARY 9, 2023

Three years ago, IT leaders were squarely focused on how to adopt fledgling AI techniques and approaches into their business models in service of digital transformations that included plans for shifting some workloads to the cloud. How do you future-proof your business in the face of so much uncertainty?

IT 145

IT Uncertainty Cost-Benefit Digital Transformation 145

CIO Business Intelligence

FEBRUARY 28, 2023

The world is experiencing an onslaught of economic uncertainty, and the IT industry is facing headwinds just like any other. In other words, businesses are paying an invisible “tool sprawl tax,” which is adding to the TCO and cutting into businesses’ ROI. in 2023 on average – lower than the projected 6.5% global inflation rate.

IT 94

IT Uncertainty ROI Data Processing 94

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 95

Cost-Benefit Modeling Manufacturing Interactive 95

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

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 83

Digital Transformation Cost-Benefit Informatics Data mining 83

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

JANUARY 2, 2024

CIOs are readying for another demanding year, anticipating that artificial intelligence, economic uncertainty, business demands, and expectations for ever-increasing levels of speed will all be in play for 2024. Yet, CIOs remain both undaunted by that list and expectant about what they can achieve.

IT 144

IT Cost-Benefit Statistics Consulting 144

CIO Business Intelligence

JANUARY 4, 2023

Here are the shifts we noted: Delivery Models : Moving from an almost strictly on-premises systems approach (with some remote access services), HPC is embracing remote delivery models. Due to the rapid growth in data sizes, there’s an increased need for HPC solutions that can run large training models.

Cost-Benefit 59

Cost-Benefit Machine Learning Modeling Uncertainty 59

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 78

Experimentation Data Lake Uncertainty Enterprise 78

Jet Global

OCTOBER 17, 2020

Agility also calls for automation, smart deployment of digital transformation technologies, and a willingness to explore new business models and innovations. At the same time, however, new business models are emerging. For finance and accounting, the future will include new business models and new business processes.

Reporting 98

Reporting Finance Digital Transformation Uncertainty 98

IBM Big Data Hub

OCTOBER 18, 2022

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. Nearly half of CEOs think that sustainability will accelerate business growth.

Uncertainty 52

Uncertainty Strategy Measurement ROI 52

O'Reilly on Data

SEPTEMBER 15, 2020

Customer stakeholders are the people and companies that advertise on the platform, and are most concerned with ROI on their ad spend. In my book, I introduce the Technical Maturity Model: I define technical maturity as a combination of three factors at a given point of time. Technical competence results in reduced risk and uncertainty.

Cost-Benefit 293

Cost-Benefit Advertising ROI Machine Learning 293

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. It also enables a greater ROI on your current tools and technology, bringing them into play as part of the orchestration process.

Digital Transformation 122

Digital Transformation Cost-Benefit ROI Risk 122

datapine

MAY 31, 2022

More and more CRM, marketing, and finance-related tools use SaaS business intelligence and technology, and even Adobe’s Creative Suite has adopted the model. Businesses can instead access extra processing through pay-as-you-go models from public providers. In both cases, the return on investment (ROI) is healthy.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

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

Insight

FEBRUARY 19, 2020

My goal here is not to improve upon the current prediction algorithms but rather to describe a model I devised, called ReelRisk , that uses random resampling to generate a range of predictions which can then be used as a risk assessment tool to determine early on whether to fund a movie. ROI = Profit/Budget). ROI = Profit/Budget).

Risk 67

Risk ROI Modeling Metrics 67

IBM Big Data Hub

MAY 10, 2023

There’s a great deal of uncertainty throughout the business world, but we believe IBM Think offers a moment for our collective industries to come together and discuss solutions. The potential to realize up to 470% ROI over three years is possible. Another client saw a 250% increase in transactions lending volume over three years.

Enterprise 87

Enterprise Uncertainty ROI Digital Transformation 87

O'Reilly on Data

FEBRUARY 11, 2020

The responses show a surfeit of concerns around data quality and some uncertainty about how best to address those concerns. To increase the focus on resolving data issues requires carefully scrutinizing the ROI of data conditioning efforts to focus on the most worthwhile, productive, and effective efforts.

Data Quality 304

Data Quality Metadata Data Governance Publishing 304

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

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. Many of these tools also use predictive analytics to forecast future asset prices with their valuation models. Are there any risks associated with asset allocation?

Predictive Analytics 109

Predictive Analytics Management Analytics Risk 109