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Just How Important Is AI To Your Company?
It’s still early days for artificial intelligence (AI) in the enterprise, and if you have some responsibility for analytics and/or AI within your company, you may be wondering just how hard you should push for the technology. Dip a toe in the water? A bit more substantial investment and effort?
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Democratizing Data Science Is Not As Risky As Many Fear
The role of Citizen Data Scientist has been showing rapid growth, though not without some controversy. Many people are concerned that democratizing data science is about giving people capabilities way beyond what they are ready to handle and, therefore, ensuring disasters as a result. While bad outcomes can certainly happen
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International Institute for Analytics Honors Ford Motor Company with 2019 ANNY Excellence in Analytics Award
Portland, Ore. (Oct. 17, 2019) – The International Institute for Analytics (IIA), the leading independent analytics and data science research and advisory firm, named Ford Motor Company the winner of the 2019 ANNY Excellence in Analytics Award at IIA’s Analytics Symposium held in Detroit.Ford Motor Company won the Excellence in
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“Physics Envy” and the Second - Class Status of Translators
Several years ago I was speaking at an “Analytics Summit” that brought together all—or many in this case—of the analytical practitioners at a big American bank. I take pride in often speaking at the first such gathering a company has, but at this bank it was their second one. My
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Are You Overinvesting in New Employees?
I know that headline sounds totally off base at first glance, but if you stick with this post and read the context behind it, you’ll see that it isn’t a silly question. In fact, this blog was spurred by a discussion between several analytics and data science executives that I
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Past Predictions and Priorities
2019 was a big year for IIA and analytics in general. We had made a list at the end of 2018 of the 6 things that we thought would be the most influential and important in the upcoming year - let’s see how we did! Past Predictions and PrioritiesCheck out
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Millions of Models Under Management
Financial asset management firms are often evaluated in terms of their “assets under management.” The leading firms have billions or even trillions of dollars that they are managing. In analytics and AI, few organizations currently approach those numbers of models under management. However, I suspect that it is already be
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Continuing In 2020: The Disruption of The Analytics Space
Analytics and data science have been disrupting business processes and how companies compete for many years now. There has been a lot of focus on the challenges that business and technology organizations face when attempting to incorporate even more sophisticated and pervasive analytics processes into the mix, and all of
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A Decade of IIA
Co-written by Jack Phillips.We co-founded the International Institute for Analytics in 2010. Since it’s now 2020, our sophisticated math skills tell us that IIA has been around for about a decade—although our first full year of operation was in 2011. We thought it might be interesting to reflect on the
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20 Questions That Make Any Analytics Project Successful
Many would say that the most critical phase of any analytics endeavor is what happens at the very beginning. The way a project is defined and scoped has to be right or else everything that follows is irrelevant. Unfortunately, it can be difficult to find the time to execute a