Forecasting uncertainty at Airbnb

O'Reilly on Data

Continue reading Forecasting uncertainty at Airbnb Theresa Johnson outlines the AI powering Airbnb’s metrics forecasting platform.

Handling uncertainty: panic vs. precautions…

Timo Elliott

A more flexible way of attacking uncertainty is to look beyond specific models and instead benchmark against “other people like us.” Best practice UncertaintyIt’s always hard to make the right decisions when the data is uncertain. And that’s currently more important than ever, faced with the rise of the SARS-CoV-2 novel coronavirus and COVID-19, the disease it causes.

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Measuring Models' Uncertainty: Conformal Prediction

Dataiku

For designing machine learning (ML) models as well as for monitoring them in production, uncertainty estimation on predictions is a critical asset.

Cones of Uncertainty and Certainty and Organizational Change

Perficient Data & Analytics

This concept, known as the Cone of Uncertainty , is found in many industries including software development, project management, construction and risk management. To a software development team, the Cone of Uncertainty describes how the amount of uncertainty evolves over time as the team moves through their phases of technology change. As the chart illustrates below, the level of uncertainty decreases as the team gathers research and makes decisions through each phase.

How an EPM Solution Supports Managing Economic Uncertainty

Jedox

We are pleased to welcome Mr. Dean Boyer as a guest to the Jedox Blog for our series on “Managing Uncertainty” Mr. Boyer is a Director of Technology Services at Marks Paneth LLP, a premier accounting firm based in the United States. He shares his expertise on how an EPM solution supports managing economic uncertainty, particularly in times of crisis. This blog post is the second in a three part series on the importance of agility to manage uncertainty.

Decision Making with Uncertainty Requires Wideward Thinking

Andrew White

COVID-19 and the related economic fallout has pushed organizations to extreme cost optimization decision making with uncertainty. Everything Changes. As a result, Data, Analytics and AI are in even greater demand. Every decision by every executive leader need information: What investments to furlough or delay, or accelerate? What initiatives to curtail, cancel or double down with? Who to let go or keep on the dwindling payroll?

Build the Financial Resilience to Weather Uncertainty with Strength and Confidence

Timo Elliot

With SAP partner Sapphire Systems in the UK, I did a live web seminar for mid-sized organizations on the theme of Build the Financial Resilience to Weather Uncertainty with Strength and Confidence.

The Importance of Agility in FP&A To Manage Uncertainty

Jedox

Times of crisis mean uncertainty, both personally and professionally. In this blog post, we’ll look at the importance of agility in FP&A in being able to better manage uncertainties, even during uncertain times and build resilience for the future. Business continuity is of paramount importance in times of uncertainty, especially for FP&A professionals in strategic roles in their organization.

Agile Leadership: Guiding DataOps Teams Through Rapid Change and Uncertainty

Tamr

This is often easier said than done; especially in times of change and uncertainty like we face now. Arvind Krishna, IBM’s new CEO, lamented last year to The Wall Street Journal that clients have halted artificial intelligence projects since some companies aren’t prepared to tackle the data challenges associated with an AI project. In fact, in Mr. Krishna’s estimations: 80% of the work in an AI project is concerned with collecting and preparing data.

Q&A with Chris Ortega: Dealing With Uncertainty Through Technology

Insight Software

Having a machine learning algorithm purely based on data is highly useful during times of great uncertainty, and it can really help businesses feel less overwhelmed and more in control than they would be otherwise.

How Private Equity Firms Can Manage Uncertainty With Scenario Modeling

Jedox

In the face of unprecedented uncertainty, the question is how to quickly evaluate risk, opportunities and competitively allocate capital. At the fund level, great uncertainty demands continual strategic and portfolio reviews to manage liquidity, identify assets at risk, and understand growth challenges. In the face of uncertainty, investor relations are paramount. This is the last post in our series on the importance of agility in managing uncertainty.

How an EPM Solution Supports Managing Economic Uncertainty

Jedox

We are pleased to welcome Mr. Dean Boyer as a guest to the Jedox Blog for our series on “Managing Uncertainty” Mr. Boyer is a Director of Technology Services at Marks Paneth LLP, a premier accounting firm based in the United States. He shares his expertise on how an EPM solution supports managing economic uncertainty, particularly in times of crisis. This blog post is the second in a three part series on the importance of agility to manage uncertainty.

Agile BI & Analytics is the Need of the Hour – Drive insights during Pandemic Uncertainty

Perficient Data & Analytics

Perficient’s Data Solutions team can address all the above for your Organization in these times of Uncertainty and make sure Data and Insights are being delivered at pace in tune with the disruption and changing ground reality for your Enterprise. In uncertain times like these its essential that we consider the disruption that is happening and take a nimble approach to help Organizations including my own by driving analytics and insights across the various Lines of Business.

CFO Panel | How to Navigate Your Business Through This Uncertainty

Jet Global

The post CFO Panel | How to Navigate Your Business Through This Uncertainty appeared first on insightsoftware. As global concern about the COVID-19 outbreak continues, businesses around the world are under tremendous additional pressure to adapt to a quickly shifting situation. In this webinar, you’ll hear from leading Finance executives and advisors about how they’re managing their businesses through this period and what advice they have for other businesses facing similar challenges.

Living Post Uncertainty: How Changes Today Will Propel Future Generations

Sisense

Through understanding past crises and recent data in the world around us, we want to help everyday people understand how their choices will lead to a better outcome, dispel uncertainty and use data to chart, draw, and paint a better future. Even taking into account the two other pandemics of the 20th century, very few people experienced similar levels of fear, uncertainty, and doubt.

During times of uncertainty, our customers need us the most

Nutanix

As we grapple today with the reality of a global pandemic and businesses are challenged with a new normal, our unwavering commitment to our customers remains unchanged

IT Cost Optimization | Preparing the Enterprise for Uncertainty

Nutanix

Getting ahead of IT costs means enabling maximum flexibility in your resource consumption. Here’s how the right technology foundation can facilitate proactive IT cost optimization

Eliminate Fear, Uncertainty, Doubt with Well Architected Solutions

Nutanix

Well architected solutions thrive in complex situations, where adaptability means business continuity, where the continuity is essentially the only path to business survivability

Eliminate Fear, Uncertainty, Doubt with Well Architected Solutions

Nutanix

Well architected solutions thrive in complex situations, where adaptability means business continuity, where the continuity is essentially the only path to business survivability

During times of uncertainty, our customers need us the most

Nutanix

As we grapple today with the reality of a global pandemic and businesses are challenged with a new normal, our unwavering commitment to our customers remains unchanged

COVID-19’s Impact on Corporate Learning Laid Bare at L&D Champions Online

Corinium

The COVID-19 pandemic has highlighted just how important it is for talent leaders to be laser-focused on the kind of work that will accelerate their organizations’ abilities to adapt and thrive in times of uncertainty. How organizations can rapidly evolve their talent to foster resilience and innovation was a key theme at this three-day corporate learning digital event.

The KPIs every manufacturer should know and measure

Phocas

Manufacturers and the decision-makers that run them understand the value of data and are turning to BI strategies and manufacturing KPIs in times of uncertainty. When it comes to achieving success in manufacturing, the industry is way beyond the idea that data matters.

Win By Keeping Data Science Simple

DataFloq

I’m convinced that this is because data always has some uncertainty, is often sparsely populated, and is never fully complete. Getting too fancy by using complex and layered data science approaches can magnify the issues in data instead of controlling them.

5 data trends business managers can monitor to rebound faster

Phocas

During this time of uncertainty, business managers must have the ability to cut through the noise so they can see what’s happening and understand the changes taking place in their businesses. Accurate and timely data will help you decide which areas of your business are critical and where to focus. Full visibility of your operations allows you to determine data trends so you can make fact based decisions and rebound faster.

Improving Prediction of the Unconfirmed COVID-19 Cases

Teradata

With the lack of available tests & uncertainty around the true number of COVID-19 cases, Teradata Epidemiologist Daniel Ulatowski & Data Scientist Jack McCush hypothesize how symptomatic data & the Vantage ML Engine can be utilized to predict cases

Data management: 6 dos and don’ts of managing your business with data

Phocas

Tracking key metrics across inventory, customer behavior, finance, and other areas of your business has never been more important with the uncertainties that are impacting practically every industry today.

PayPal tops estimates amid surge in online shopping but outlook disappoints

DataFloq

PayPal Chief Executive Dan Schulman said in a call with analysts that the company was giving a more prudent estimate for the fourth quarter in part because of uncertainty due to the pandemic and its impact on the global economy, as well. By Anna Irrera, Niket Nishant and Eva Mathews.

How data analytics can help slow down your thinking

Phocas

Kahneman has dedicated his life to researching human judgement – especially under uncertainty and whether people are susceptible to flawed intuition. My fascination with the psychology of decision-making continues. My latest sage is Daniel Kahneman , a leading psychologist and winner of the Nobel Prize in economics for prospect theory. His book, Thinking, fast and slow summarizes much of his research. The book explains why humans make errors of judgement, and the role of systematic bias.

Zendesk - The Impact of COVID-19 on CX

Corinium

With the coronavirus outbreak, customer experience teams across the globe have had to rapidly adapt amid ticket spikes, customer cancellations, market volatility, and increased uncertainty. Each week brought new challenges , and business simply wasn't business as usual. Most teams responding to customers are now in a work from home environment, putting additional strain on their ability to respond to customers effectively. For many of us, that means learning and adjusting as we go.

Forecasting for Retail and CPG in 2020

Dataiku

While the backdrop of 2020’s global health crisis and economic uncertainty makes heading into the holiday season quite unlike years past, the U.S. is still slated to drive online sales growth.

IBM posts double-digit cloud revenue growth; says customers deferring some projects

DataFloq

IBM shares, however, fell 3% after the company stayed away from issuing a forecast for the current quarter, citing uncertainty around a global economic recovery due to the COVID-19 pandemic.

Analysis: Another bitcoin bubble? This time it's different, backers hope

DataFloq

But with little mainstream usage as a form of payment and global uncertainty clouding financial markets, bitcoin is still far from a safe bet, analysts said. By Tom Wilson and Anna Irrera.

China's expanded export controls pose fresh challenge to global tech industry

DataFloq

28 came as an unwelcome surprise to an industry already grappling with the uncertainty posed by trade tensions between China and the United States. By Josh Horwitz.

Move From Insight To Impact: Data Strategy & Insights 2020

Forrester - Business Intelligence

These capabilities are becoming more crucial to stay ahead of uncertainty and change and get smarter about every aspect of your business: your customers, your suppliers and partners, your competitors, your employees, your processes, your operations, and your markets. The digital future is here. And data, analytics, and AI are going to drive this future.

How to improve manufacturing ROI with prescriptive analytics

IBM Big Data Hub

Today's manufacturing organizations operate in a dynamic environment characterized by increased complexity and uncertainty. The financial performance of manufacturers hinges on their ability to rapidly adapt to constantly-changing conditions, from demand fluctuations to delivery challenges while managing production costs efficiently. Prescriptive analytics helps companies see where process improvements could have the biggest, most immediate impact on their bottom line

Unlocking IT cost savings with IBM Cloud Pak for Data

IBM Big Data Hub

With COVID-19 and the current market uncertainty, every business leader is under unprecedented pressure to cut their expenses while still ensuring business continuity - no one, more so than the CIO. Enabling this new reality of virtual collaboration, automation and self-service while supporting the increased focus on data, analytics and AI is forcing IT leaders to reduce complexity and consolidate their offerings.

Samsung Elec sees profit decline on weak server chip demand after strong third-quarter earnings

DataFloq

Global demand is forecast to increase year on year, but uncertainties are unlikely to ease given the possibility of additional waves of the pandemic," Ben Suh, Samsung's executive vice president of investor relations, said in an earnings call. By Joyce Lee and Hyunjoo Jin.

Overcoming data obstacles in the banking industry with Industry Accelerators in Cloud Pak for Data

IBM Big Data Hub

During these times of uncertainty, all companies are being stressed in new ways; supply chains are being halted with employee sickness, retail store doors are closed to encourage social distancing, and health care facilities are overwhelmed by patient demand.

New Data and Analytics Special Report: Cost Optimization for Chief Data Officers and D&A Leaders

Andrew White

Jarring economic disruption and uncertainty makes the road ahead difficult to anticipate. This special report explains how to account for uncertainty while maximizing value delivery. Gartner’s Data and Analytics leaders team, led by Mike Rollings, just published a new Special Report: Cost Optimization and Risk Reduction Approaches for Data and Analytics Leaders: A Gartner Trend Insight Report.

Highlights from the Strata Data Conference in San Francisco 2019

O'Reilly on Data

Forecasting uncertainty at Airbnb. Watch " Forecasting uncertainty at Airbnb.". Watch highlights from expert talks covering AI, machine learning, data analytics, and more. People from across the data world are coming together in San Francisco for the Strata Data Conference. Below you'll find links to highlights from the event. The journey to the data-driven enterprise from the edge to AI.

How to Fix Your Data Quality Problem

DataFloq

At the same time, more data introduces a heightened risk of errors and uncertainty. Data quality is top of mind for every data professional — and for good reason. Bad data costs companies valuable time, resources, and most of all, revenue. So why are so many of us struggling with trusting our data? Isn’t there a better way? The data landscape is constantly evolving, creating new opportunities for richer insights at every turn.

Chinese Blockchain Developments Will Fundamentally Alter the World Economy

DataFloq

This has helped to precipitate a modest economic recovery in April, despite widespread uncertainty and the suggestion that nations such as the U.S. A few years ago, few pundits would have predicted that China would emerge as a major player in the blockchain market. The world’s largest country is defying expectations, as well as its own traditional outlook on blockchain. CoinDesk reported that China was on the verge of launching its own national blockchain platform last month.A

Garner the right technology platform for Crisis Management

DataFloq

With the Coronavirus outbreak has come increased global business and economic disruption and uncertainty. Analysis indicates that the COVID-19 outbreak will push down the full-year gross domestic product (GDP) globally from the 2.5% that was forecast in January 2020 to 0%.