result
What It Means
A result is simply what you get when a process finishes running. It's the final output, answer, or outcome that emerges after all the steps in a workflow, algorithm, or business process have been completed.
Why Chief AI Officers Care
CAIOs need to define what constitutes valid results from AI systems to measure success and ensure quality control. Poor result definition leads to AI systems that technically work but don't deliver business value, and makes it impossible to detect when models are degrading or producing unreliable outputs.
Real-World Example
When a fraud detection AI system processes a credit card transaction, the result might be a score of 0.85 indicating high fraud probability, along with the specific risk factors identified. This result then triggers either transaction approval, denial, or manual review based on predefined business rules.
Common Confusion
People often confuse results with outputs or data points. A result is the meaningful conclusion or decision that comes from processing, while an output might just be raw data that still needs interpretation.
Industry-Specific Applications
See how this term applies to healthcare, finance, manufacturing, government, tech, and insurance.
Healthcare: In healthcare, results encompass clinical outcomes (patient recovery rates, treatment efficacy), diagnostic findings (la...
Finance: In finance, results refer to the quantified outcomes of financial operations, typically expressed in financial statement...
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Includes:
- 6 industry-specific applications
- Relevant regulations by sector
- Real compliance scenarios
- Implementation guidance
Technical Definitions
NISTNational Institute of Standards and Technology
"The consequential outcome of completing a process."Source: IEEE_Guide_IPA
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