Machine Learning (ML) is Artificial Intelligence (AI) for predicting things. This is layman explanation of how it predicts outcomes. … Read More
Author Archives: Gregory M Carroll
5 Dangers of Auto ML
The shortage of skilled Data Scientists and Machine Learning Engineers has led to the proliferation of automated machine learning model development tools (AutoML). Before diving in, be aware of these 5 dangers … Read More
IoT monitoring Risk in real-time
Although measurement is a key tenet of Good Management Practice (GMP), I see little real monitoring in most management systems. Periodic review, dashboards, heat maps, and KRI reports are all “Review” not monitoring. IoT technology can deliver real-time monitoring of business processes not just physical environmental metrics. … Read More
Business Applications for Predictive Analytics
Predictive Analytics use cases to fix business problems like Threat Analysis, Compliance Surveillance Targeting, Reduce Failure Rates, and more. … Read More
5 Reasons Predictive Analytics Projects Fail
Regardless of the hype surrounding Predictive Analytics, and even the fact there are some excellent and relatively inexpensive tools available, not only has its implementation been weak, but a 2017 Gartner survey found in many areas investment is going backwards. … Read More
Risk Identification Using Neural Networks
Although risk identification is a fundamental tenet of ISO 31000, from the GFC to Brexit traditional methods have spectacularly failed. Neural Network mapping is the first real technique to actually identify risk drivers and their outcomes. … Read More