Sisense

SEPTEMBER 3, 2020

Besides strong technical skills (for instance, use of Hadoop, programming in R and Python , math, statistics), data scientists should also be able to tackle open-ended questions and undirected research in ways that bring measurable business benefits to their organization. See an example: Explore Dashboard.

Statistics 97

Statistics Metrics Visualization Finance 97

IBM Big Data Hub

SEPTEMBER 11, 2023

How to quantify the impact : Quantify, articulate and measure the expected long-term benefit of a capability to justify the investment. Each recommendation was grounded in the user research conducted and validated to render significant return on investment (ROI) to the business mission of AZDCS. time (how much time is lost?)

Data-driven 90

Data-driven IT Measurement Cost-Benefit 90

IBM Big Data Hub

AUGUST 11, 2023

MES systems can assist managers with process management and process control, helping to facilitate optimal performance of manufacturing. By facilitating optimized production planning and scheduling, these systems ensure efficient resource allocation, workload balancing and on-time deliveries, leading to improved profitability.

Software 72

Software Manufacturing Cost-Benefit ROI 72

IBM Big Data Hub

MARCH 26, 2024

While ESG seeks to provide standard methods and approaches to measuring across environmental, social and governance KPIs, and holds organizations accountable for that performance, sustainability is far broader. How is sustainability managed—as an annual measuring exercise or an ongoing effort that supports business transformation?

Measurement 66

Measurement Metrics Strategy Reporting 66

Occam's Razor

APRIL 13, 2015

And, that's not all, when you consider that it is segmented data, across multiple dimensions, it really is impressive. But, I'm a big believer in optimizing data access to be at the right time as defined by your decision-making/action-taking speeds inside your company. You can see what's happening right now.

Analytics 155

Analytics Reporting Metrics Slice and Dice 155

Domino Data Lab

MAY 8, 2019

The lens of reductionism and an overemphasis on engineering becomes an Achilles heel for data science work. Instead, consider a “full stack” tracing from the point of data collection all the way out through inference. measure the subjects’ ability to trust the models’ results. . – back to the structure of the dataset.

Machine Learning 105

Machine Learning Data Science Modeling Visualization 105

datapine

JUNE 4, 2020

A chief technology officer (also referred to as chief technical officer or chief technologist), has an immense responsibility to drive a company forward and lead the technological advancements, research, development, and management in order to generate business value and increase the return on investment (ROI).

Dashboards 130

Dashboards Reporting Metrics Visualization 130

Andrew White

JANUARY 9, 2022

First, how we measure emissions and carbon footprint is about data design and policy. In other words, D&A plays a key role in the foundational measuring angle. Link to item 6 on slide 27 is broken, [link] , for Dashboard to measure business impact, can you provide a current link?

Analytics 64

Analytics Measurement Modeling Data-driven 64

Occam's Razor

APRIL 21, 2014

I am having issues prioritizing 1) recommending fixing on site issues affecting real traffic levels versus 2) correcting significant configuration issues in Analytics measuring current site traffic. Even the worst analytics configuration in the world will most likely allow you to measure cart and checkout abandonment rate. strategies).

Marketing Analytics 131

Marketing Analytics Marketing Analytics Measurement 131

Occam's Razor

AUGUST 13, 2012

Yehoshua Coren: Best ways to measure user behavior in a multi-touch, multi-device digital world. What's possible to measure. What's not possible to measure. Bjoern Sjut3: My main issue at the moment: How will multi-channel funnels and ROI calculations work in a multi device world? Let's do this!

Modeling 124

Modeling Metrics Data Quality Data-driven 124

Occam's Razor

OCTOBER 19, 2010

If after rigorous analysis you have determined that you have evolved to a stage that you need a data warehouse then you are out of luck with Yahoo! If you can show ROI on a DW it would be a good use of your money to go with Omniture Discover, WebTrends Data Mart, Coremetrics Explore. and Google, get a paid solution. Three tools.

Analytics 135

Analytics Testing Measurement Optimization 135

Domino Data Lab

JUNE 23, 2019

These measurement-obsessed companies have an advantage when it comes to AI. Google, Facebook, other leaders, they really have set up a culture of extreme measurement where every part of their product experience is instrumented to optimize clicks and drive user engagement. To prioritize, how do we do this?

Management 110

Management Machine Learning Experimentation Metrics 110

Domino Data Lab

FEBRUARY 4, 2019

The ability to measure results (risk-reducing evidence). These two points provide a different kind of risk management mechanism which is effective for science, specifically data science. Of course, some questions in business cannot be answered with historical data. Why does this matter? You’ll need to read the papers.

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

Occam's Razor

MARCH 23, 2010

My problem with these mistruths and FUD is that they result in a ton of practitioners and companies making profoundly sub optimal choices, which in turn results in not just much longer slogs but also spectacular career implosions and the entire web analytics industry suffering. This is sad. Even a little frustrating. Usually for free.

Analytics 118

Analytics Consulting Metrics Experimentation 118

Rocket-Powered Data Science

JULY 21, 2023

as likely to say that their ROI on observability tools far exceeded expectations. From these data streams, real-time actionable insights can feed decision-making and risk mitigations at the moment of need. This is a physical device, in the IoT (Internet of Things) family of sensors, that collects and streams data from the edge (i.e.,

Machine Learning 190

Machine Learning Metrics Reporting Internet of Things 190

datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. As mentioned above, one of the great benefits of business intelligence and analytics is the ability to make informed data-based decisions.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

datapine

FEBRUARY 22, 2022

This includes defining the main stakeholders, assessing the situation, defining the goals, and finding the KPIs that will measure your efforts to achieve these goals. But the rewards outperform by far its costs, and it is well known that business intelligence ROI is real even if it is sometimes hard to quantify.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

Occam's Razor

APRIL 29, 2013

PS: The phrase "real-time data analysis" is an oxymoron. Real-time data is super valuable if zero human beings are involved from data collection to action being taken. You measure bounce rate and you can find those things, then figure out if the problem is at the source (ads) or destination (your site).

Marketing 166

Marketing Metrics Advertising Measurement 166

Alation

AUGUST 2, 2022

Measuring your customer-centric strategy means knowing whether you’re meeting customer expectations or not. Reviewing data is important to gaining insight into whether: Products and services lived up to expectations set during the buyer journey. The results of this project were: Time-savings ROI of 3000%.

Strategy 52

Strategy Cost-Benefit Metrics Data Lake 52

Occam's Razor

FEBRUARY 9, 2015

How is competitive intelligence data collected? Competitive intelligence data will never match your site's analytics tool. CI data collection. How does any tool have access to your website or mobile app data? But in the lovely environment of the web there are a number of ways to collect your data.

Metrics 155

Metrics Reporting IT Advertising 155

Jet Global

MAY 1, 2023

Manage compliance through up-to-the-minute performance measures, workflow automation, and essential regulatory reports. Return on Investment Now we bring it all together to calculate the ROI on embedded analytics. The formula looks like this: ($750k / $250k) = 3, so the ROI is 200 percent. cost reduction).

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52