CIO Business Intelligence

NOVEMBER 14, 2022

A DSS supports the management, operations, and planning levels of an organization in making better decisions by assessing the significance of uncertainties and the tradeoffs involved in making one decision over another. These DSS include systems that use accounting and financial models, representational models, and optimization models.

Data mining 136

Data mining Data-driven Statistics OLAP 136

Sisense

OCTOBER 6, 2020

Smart use of your data can be the key to optimizing processes, identifying new opportunities, and gaining or keeping a competitive edge. 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.

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98

Perceptual Edge

APRIL 21, 2019

This certainly applies to data visualization, which unfortunately lends itself to a great deal of noise if we’re not careful and skilled. Every choice that we make when creating a data visualization seeks to optimize the signal-to-noise ratio.

Visualization 76

Visualization Statistics Uncertainty Modeling 76

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 He points to cost savings from the reduction in laboratory tests, formulations, external software licenses, and the optimization of activities.

Digital Transformation 93

Digital Transformation Cost-Benefit Informatics Data mining 93

The Unofficial Google Data Science Blog

APRIL 23, 2024

If $Y$ at that point is (statistically and practically) significantly better than our current operating point, and that point is deemed acceptable, we update the system parameters to this better value. Crucially, it takes into account the uncertainty inherent in our experiments. Why experiment with several parameters concurrently?

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

IBM Big Data Hub

APRIL 18, 2024

LLMs like ChatGPT are trained on massive amounts of text data, allowing them to recognize patterns and statistical relationships within language. The AGI would need to handle uncertainty and make decisions with incomplete information. NLP techniques help them parse the nuances of human language, including grammar, syntax and context.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

Timo Elliott

JANUARY 18, 2021

It’s very visual and something somebody can grasp really quickly. And so not only are we making this data available to everybody, we make the underlying data available and we’re always looking in looking for new visualizations that we think will present things in a different way.

IT 71

IT Dashboards Digital Transformation Data-driven 71