Occam's Razor

JUNE 4, 2018

Present a yummy spreadsheet that quantifies the cost of inaction , how much money you’ll lose by not delivering a 25% improvement every week. Speaking of the Four Seasons, consider how sad their nudging strategy is vs. the one that booking.com has on display: All the data you need for this nudge… You already have. Welcome to Nudging.

Strategy 124

Strategy Cost-Benefit Testing Sales 124

DataRobot Blog

MAY 26, 2022

In this post, we will dive deeper into how members from both the first and second line of defense within a financial institution can adapt their model validation strategies in the context of modern ML methods.

Risk 52

Risk Modeling Metrics Business Objectives 52

datapine

APRIL 15, 2020

When it comes to implementing and managing a successful BI strategy we have always proclaimed: start small, use the right BI tools , and involve your team. The term “agile” was originally conceived in 2011 as a software development methodology. You want an organization-wide buy-in of your business intelligence strategy.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

CIO Business Intelligence

NOVEMBER 7, 2022

Since that 2011 revelation, Arooni has been doing just that: redefining IT organizations and service delivery models to embrace agile ways of working, including creating product-centric structures with persistent teams responsible for the entire lifecycle of a product. IT Leadership, IT Strategy

IT 116

IT Technology Modeling Software 116

BizAcuity

MAY 10, 2022

Despite cost-cutting being the main reason why most companies shift to the cloud, that is not the only benefit they walk away with. Companies planning to scale their business in the next few years without a definite cloud strategy might want to reconsider. 2011: IBM enters the cloud market with IBM SmartCloud.

Data-driven 52

Data-driven IoT Unstructured Data Data Lake 52

Domino Data Lab

JANUARY 6, 2019

Skills continuing to grow in prominence by 2022 include analytical thinking and innovation as well as active learning and learning strategies. Guess who benefits most by that? For another perspective: ask anyone who’s ever maintained a popular open source project about the benefits of publishing and peer review w.r.t.

Data Science 56

Data Science Machine Learning Reporting Visualization 56

IBM Big Data Hub

NOVEMBER 20, 2023

It was introduced in 2011 as an alternative to the SATA and Serial Attached SCSI (SAS) protocols that were the industry standard at the time, and it conveys better throughput than its predecessors. Since 2011, NVMe technology has distinguished itself through its high bandwidth and blazing-fast data transfer speeds. What is NVMe?

Internet of Things 69

Internet of Things Enterprise Technology IoT 69

IBM Big Data Hub

NOVEMBER 3, 2023

NVMe storage technology was designed to replace Serial Advanced Technology Attachment (SATA) and Serial Attached SCSI (SAS) protocols that were the industry standard until NVMe’s introduction in 2011. Cost While both NVMe and SATA have become more affordable in recent years, SATA SSDs are still somewhat more affordable.

Cost-Benefit 76

Cost-Benefit Enterprise Internet of Things Technology 76

Sisense

MAY 4, 2020

Businesses that use Big Data enjoyed increases in profits of between eight and ten percent as well as a ten percent reduction in overall costs. As long ago as 2011, the McKinsey Global Institute estimated that retailers using data analytics at scale could increase their operating margins by more than 60 percent.

Big Data 78

Big Data Data-driven Snapshot Unstructured Data 78

CIO Business Intelligence

MARCH 29, 2022

Celonis has grown organically since its founding in 2011, with only two other significant acquisitions in its history: automation software vendor Integromat in October 2020 , and streaming data software developer Lenses.io The benefits flow the other way, too, said Kerremans. “If in October 2021. “By Process mining comes of age.

IT 94

IT Enterprise Optimization Cost-Benefit Optimization 94

The Unofficial Google Data Science Blog

OCTOBER 12, 2017

Make experimentation cheap and understand the cost of bad decisions. Selection bias played a notable role in the discussion of the avian influenza outbreak of 2011 during which the reported case fatality rate was as high as 80% [2]. The gold standard of evidence is the randomized controlled experiment. Consider your loss function.

Experimentation 61

Experimentation Testing Statistics Metrics 61

Occam's Razor

NOVEMBER 2, 2015

The benefits are numerous. " The second question was never answered either, but because all businesses know is how to pimp that became their default strategy. if yes, what should your content (and marketing) strategy be. In my Oct 2011 post, Best Social Media Metrics , I'd created four metrics to quantify this value.

B2B 167

B2B Metrics Testing Recreation/Entertainment 167

AWS Big Data

APRIL 5, 2023

The company decided to use AWS to unify its business intelligence (BI) and reporting strategy for both internal organization-wide use cases and in-product embedded analytics targeted at its customers. Because QuickSight is serverless and uses a session-based pricing model, Showpad expects to see cost savings.

Dashboards 52

Dashboards Reporting Cost-Benefit Visualization 52