About SR 11-7: Guidance on Model Risk Management SR 11-7: Guidance on Model Risk Management is a document issued by the Federal Reserve Board that provides guidance and regulatory expectations related to model risk management. The guidance defines model risk as the risk of incorrect or inappropriate model usage, incorrect model outputs, or model implementation …
As machine learning (ML) becomes more prevalent in business and society, so does the need for accurate and dependable operations. Krista offers comprehensive machine-learning operations (MLOps) to help your business succeed with this valuable technology before your competitors do. Krista will help your organization ensure that the right ML assets are in the right place …
Machine learning (ML) is an enabling technology for artificial intelligence (AI), one of the fastest growing areas of technology. While numerous advancements have been made in this field over the past twenty years, there are many reasons to believe that we have only scratched the surface of this technology’s potential. The three main types of …
Begin with the eye-opening statistic that 97 percent of all mobile users want a machine learning-powered voice assistant to assist them with their inquiries. Isn’t that incredible? We are on the cusp of a new era where machines learn to think and act for themselves. And machine learning is already starting to impact our everyday …
We are in an age in which computers are learning how to do more complex things than humans are able to program. The line between humans and machines is becoming more blurred as machines are doing things that were recently thought impossible. Here are some astonishing examples of machine learning in action. But before we …
As we enter a new age, there is one technology looming on the horizon that has the potential to change everything as we know it: artificial intelligence (AI). In particular, the past decade has seen a tremendous rise in both artificial intelligence (AI) and machine learning. Though they are often used interchangeably, AI and machine learning are pretty …
Key Takeaways 7 common cost elements for AI projects Why AI projects achieve low ROI (1.3%) and why 85% of projects fail How to decrease AI project costs and implementation timelines to increase ROI Download the eBook – “How to Decrease the Cost of AI ” Many factors go into the cost of deploying artificial …
A nationwide supplier saved $2 million using artificial intelligence to automate email responses. The company received an average of 25,000 inquiries via email each month, with each inquiry covering a wide range of topics that required handling from different departments.
By Jason Bloomberg, President, Intellyx — Part 4 of the Intellyx Intelligent Automation Series In a recent episode of Star Trek: Discovery, the crew struggled with the question of how to trust their newly sentient ship’s computer Zora. The issue of trust came to a head when Zora made a unilateral decision the crew didn’t …
See how to enhance your decision making by integrating ML into your workflows and how to operationalize machine learning models into production.