William Vorhies's Blog Posts Tagged 'lessons' (3)

Surprise – Model Improvements Don’t Always Drive Business Impact

Summary: Data Scientists from Booking.com share many lessons learned in the process of constantly improving their sophisticated ML models. Not the least of which is that improving your models doesn’t always lead to improving business outcomes.

The adoption of AI/ML in business is at an inflection point. …

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Added by William Vorhies on October 14, 2019 at 9:28am — 1 Comment

AI/ML Lessons for Creating a Platform Strategy – Part 2

Summary: McKinsey says platform companies will represent 30% of global business revenue by next year (2020). In Part 1 of this article we started to lay out some important lessons learned and examples for you to follow. Here are the rest.

McKinsey says platform companies will represent 30% of global…

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Added by William Vorhies on April 15, 2019 at 7:43am — No Comments

AI/ML Lessons for Creating a Platform Strategy – Part 1

Summary: McKinsey says platform companies will represent 30% of global business revenue by next year (2020). Here are some lessons and examples to help mature companies evaluate where they can create AI/ML-enabled platforms to remain competitive. This is a long topic so this will be Part 1 of 2.