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Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

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A Guide To The Methods, Benefits & Problems of The Interpretation of Data

datapine

In fact, a Digital Universe study found that the total data supply in 2012 was 2.8 Powered by technologies such as artificial intelligence and machine learning, predictive analytics practices enable businesses to spot trends or potential issues and plan informed strategies in advance. trillion gigabytes! minimal growth).

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Discovery Holdings explores the opportunities of multi-cloud without the complexity

CIO Business Intelligence

While multi-cloud promises limitless opportunities, without proper management, costs and complexity can escalate quickly. Its Vitality program rewards healthy behavior with points that customers collect over a year to unlock health, lifestyle and leisure benefits. And that’s just one of its ground-breaking products.

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SmugMug’s durable search pipelines for Amazon OpenSearch Service

AWS Big Data

Customers uploading and searching through decades of photos helped turn search into critical infrastructure, growing steadily since SmugMug first used Amazon CloudSearch in 2012, followed by Amazon OpenSearch Service since 2018, after reaching billions of documents and terabytes of search storage.

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To Balance or Not to Balance?

The Unofficial Google Data Science Blog

Other estimators, such as those based on matching and subclassification, may benefit from the balancing property, but the discussion of those estimators is postponed to a later post. In fact, Hainmueller (2012) show that entropy balancing is equivalent to estimating the weights as a log-linear model of the covariate functions $c_j(X)$.

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Is Your Brand Magnificent At Digital Marketing? A Diagnostic Framework.

Occam's Razor

But a robust digital marketing strategy for medium- or large-sized businesses encompasses so much more. What is a good way to self-identify gaps in strategy, to discover the mistakes that might be making your strategy sub-optimal? Is Your Digital Strategy Magnificent? Reality, as is its wont, is much more complex.

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Bringing MMM to 21st Century with Machine Learning and Automation?

DataRobot Blog

Media data (usually weekly): media costs, media ratings generated (TVRs, magazine copies, digital impressions, likes, shares, etc.), Media data (usually weekly): media costs, media ratings generated (TVRs, magazine copies, digital impressions, likes, shares, etc.), Classical Modeling Considerations. Classical Attribution Methods.