CIO Business Intelligence
APRIL 18, 2022
In 2006, British mathematician Clive Humby proclaimed, “Data is the new oil.”. You need to have a sense of ROI, beginning with a sense of what it costs to product it and being deliberate about measuring what you expect to reap from it is really the starting point,” he says. Humby had bona fides to make that claim.
Smart Data Collective
JULY 30, 2019
The CDC reports that the incidents of admissions for these types of injuries rose around 54% between 2006 and 2014. These datasets are able to predict and outline the most dangerous roads that authorities can then monitor with a higher police presence or change through updates and additional safety measures.
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Occam's Razor
NOVEMBER 12, 2006
Mostly because short term goals drive a lot of what we do and if you are selling something on your website then it only seems to make logical sense that we measure conversion rate and get it up as high as we can as fast as we can. So measure Bounce Rate of your website. Even though we should not obsess about conversion rate we do.
CIO Business Intelligence
MAY 16, 2022
ITIL 4 contains seven guiding principles that were adopted from the most recent ITIL Practitioner Exam, which covers organizational change management, communication, and measurement and metrics. The two bodies formed an alliance at the end of 2006 to further IT service management.
The Unofficial Google Data Science Blog
APRIL 17, 2017
First, the system may not be understood, and even if it was understood it may be extremely difficult to measure the relationships that are assumed to govern its behavior. For this simple vignette, we might regard $X_1$ and $X_2$ as errors from a measuring scale and note that $X_2$ is not as precise an instrument as $X_1$.
Timo Elliott
JANUARY 10, 2022
For example, we’re see all kinds of legislation requiring companies to measure set targets, measure and report their emissions, for example. Timo Elliott: Well, I’m not really qualified to talk about that because I’ve been the same company now for 30 years!
Occam's Razor
JANUARY 12, 2015
Helpful post: You Are What You Measure, So Choose Your KPIs (Incentives) Wisely! ]. As we develop more sophistication to our measurement, they'll morph from being attributes of a Visitor to those of a Person. Please remember this important caveat as you pick KPIs. Now you have your foundation, metrics and KPIs. Definition?
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