Value-Driven Modelling

I joined Cloud Perspective in July last year because I recognise that data is becoming increasingly critical to how businesses can benefit from the AI revolution. In my conversations across the industry, I’ve become more familiar with the concept of Value-Driven Modelling (VDM). While I’m not an expert, I’d like to share a few thoughts on VDM and its intersection with the more familiar Pareto Principle.  Not all business inputs are created equal.   Often, a small number of products, customers, or activities are responsible for the majority of results. That’s the insight behind the Pareto Principle, also known as […]