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.

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.

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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.

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.

Information Governance in an Era of Uncertainty

TDAN

The word “organize” is the root of the word “organization.” Organizations are compelled to organize their information. With that said, organizations can operate in an organized and holistic manner with the application of information governance.

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. This cone is a mirror image of the Cone of Uncertainty, but increases at the same time that the Cone of Uncertainty decreases.

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.

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. In the face of uncertainty, investor relations are paramount. It’s an unusual time in private equity.

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.

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.

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.

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.

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

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.

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.

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

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.

Impact of COVID-19 on contractual obligations

DataFloq

Every business around the world irrespective of location, size, and nature of business has been deeply impacted by the unprecedented situation we are in with Covid-19.

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.

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.

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.

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%.

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.

Big Data Analytics - Will It Be Enough to Save Forex Traders During the COVID-19 Crisis?

DataFloq

The economic uncertainty that follows the COVID-19 outbreak will likely cost the global economy $1 trillion in 2020, the United Nation’s trade and development agency, UNCTAD, said earlier this week, and most economists and analysts are in agreement that a global recession is becoming unavoidable.

Crypto-Candidacy: A Look at Cryptocurrency in American Politics

DataFloq

These are turbulent times, and there remains a lot of uncertainty as to what shape US leadership will take. Regardless of the side you sit on in the undeniable political divide, 2020 is set to be a significant year for American politics.

How to Build Data Culture and Make Data Your Friend

DataFloq

If gives businesses new power to organize, operate, predict and create value, but it entails numerous risks, including data-security questions, privacy concerns, and uncertainty about ethical boundaries, to name just a few.

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

The Path to Integrated Planning

Jedox

Uncertainty comes in so many forms in business, and a defined path to integrated planning supports reducing those uncertainties. To successfully move from outdated spreadsheet workflows to using integrated financial planning, there are important considerations on this path.

Waterfall to Agile: A Necessary Mindset Shift For Business Analysts

BA Learnings

I tend to describe the agile approach as a way of working; A targeted way of working that allows us to make changes, respond to customers’ needs and manage uncertainty with minimal delays, and without needing to wade through “red tape”.

Key Data Trends And Forecasts In The Energy Sector

Smart Data Collective

With the Coronavirus pandemic, the world has been thrown into complete uncertainty. The uncertainty comes with a major market shift, the dimensions of data software cannot be ignored. This goes for nearly everyone, but the energy sector is being greatly impacted by the virus.

They (EMC) Think You Are Stupid!

Nutanix

Last week we were invited by EMC to punch high above our weight class when we got hold of their secret FUD (fear, uncertainty, and doubt) sheet against Nutanix

Interview with Abhi Datta

Simply Statistics

We used the fast NNGP approach I had been developing in my PhD to spatially gap-fill the plant trait data to create a global map of important plant traits with proper uncertainty quantification. Currently, we are looking at ways to incorporate the uncertainty quantified trait values as inputs to Earth System Models (ESMs) – the land component of climate models. Editor’s note: This is the next in our series of interviews with early career statisticians and data scientists.

The Future of Data and Analytics is Now

Andrew White

In this world of ambiguity — characterized by uncertainty, risk, doubt and fake news — now is the time to lead with purpose and bring clarity through data and analytics (D&A) you can rely on and, most importantly, trust.”.

They (EMC) Think You Are Stupid!

Nutanix

Last week we were invited by EMC to punch high above our weight class when we got hold of their secret FUD (fear, uncertainty, and doubt) sheet against Nutanix

A Note to Our Customers Regarding COVID-19

Tamr

While the world is forced to navigate the uncertainty of COVID-19, Tamr is committed to keeping its operations running in support of its current customers, future customers, and partners.

Visualizing COVID-19 Data Responsibly: An Interview with Amanda Makulec

Depict Data Studio

Remember that there’s a lot of uncertainty in the data and it’s not uncertainty that we can represent visually well. We can’t always quantify that uncertainty.

They (EMC) Think You Are Stupid!

Nutanix

Last week we were invited by EMC to punch high above our weight class when we got hold of their secret FUD (fear, uncertainty, and doubt) sheet against Nutanix

The 12 Rules of DataOps to Avert a DataOops

Kirk Borne

Those F’s are: Fragility, Friction, and FUD (Fear, Uncertainty, Doubt). Written by Dr. Kirk Borne. One of my first consulting assignments with my current employer began several years ago.

The Promise of AI and 5G Convergence in the Internet of Context

Kirk Borne

Written by Dr. Kirk Borne. In the world of digital transformation, there is no lack of “hot topics” to discuss. Emerging technologies are truly emerging everywhere. What is most exciting — and what demonstrates their greatest promise — is that these new technologies are converging.

IoT 114

Top Five Financial KPIs for the Construction Industry

Jet Global

Now that every industry is facing a prolonged period of uncertainty, having access to accurate, up-to-date information is more critical than ever. At the start of 2020, construction was projected to grow at 4.5 percent annually through the next several years.

They (EMC) Think You Are Stupid!

Nutanix

Last week we were invited by EMC to punch high above our weight class when we got hold of their secret FUD (fear, uncertainty, and doubt) sheet against Nutanix

Toward a Data Personality Framework

Juice Analytics

Is this person in a role where they make decisions that have a long-term and strategic perspective, balancing more uncertainty and more sources of information? With all the talk about Data Literacy (led by folks like @Ben Jones , @Jordan Morrow , @Valerie Logan ) and/or Data Fluency (??