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. What’s so special about the Cloud? The rest is history.

Data-driven 52

Data-driven IoT Unstructured Data Data Lake 52

Occam's Razor

DECEMBER 3, 2012

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.

Marketing 147

Marketing Advertising Strategy Optimization 147

DataRobot Blog

APRIL 4, 2022

Media data (usually weekly): media costs, media ratings generated (TVRs, magazine copies, digital impressions, likes, shares, etc.), Once the model is built, we can measure the incremental benefit of media activity. Originating in game theory, there is a reason why Shapley Value earned Lloyd Shapley a Nobel Prize in 2012.

Machine Learning 52

Machine Learning Sales Measurement ROI 52

AWS Big Data

JUNE 7, 2023

This folder structure makes it easy to commit the contents into a version control system like Git, so you can get the benefits of a complete version history. However, there has to be different dashboards and datasets for each non-production environment, such as development and testing.

Dashboards 71

Dashboards Recreation/Entertainment Testing Business Intelligence 71

The Unofficial Google Data Science Blog

MARCH 31, 2016

In the context of prediction problems, another benefit is that the models produce an estimate of the uncertainty in their predictions: the predictive posterior distribution. both L1 and L2 penalties; see [8]) which were tuned for test set accuracy (log likelihood). Cambridge University Press, (2012). [4] ICML, (2005). [3]

Modeling 40

Modeling Statistics Advertising Testing 40

Cloudera

DECEMBER 12, 2018

I decided to jump ship in May of 2012 joining Cloudera. Data gives you benefits. Or they may not use Teradata to store all their archival history data that totals hundreds of terabytes, due to cost. And I paused for a moment and I said, well, tell me what your container strategy and production deployment looks like.

Data Warehouse 42

Data Warehouse Marketing Big Data Data Lake 42

CIO Business Intelligence

FEBRUARY 3, 2023

RPA benefits RPA is also a relatively simple way to integrate AI algorithms into old applications. The biggest benefit, however, may be how RPA tools are “programmed,” or “trained” — a process by which the platforms’ robots “learn” watching business users click away. What is RPA?

Data-driven 145

Data-driven Interactive Enterprise Statistics 145

datapine

MAY 17, 2021

Businesses can benefit from improved data driven decision making as well as enhanced business processes and models and share insights across departments more fluently while propelling intelligent business strategies. Your Chance: Want to test a professional data discovery tool for free? Benefit from modern data discovery today!

Visualization 161

Visualization Data-driven Business Intelligence Metrics 161

The Unofficial Google Data Science Blog

OCTOBER 12, 2017

Yet when we use these tools to explore data and look for anomalies or interesting features, we are implicitly formulating and testing hypotheses after we have observed the outcomes. We must correct for multiple hypothesis tests. Make experimentation cheap and understand the cost of bad decisions. We ought not dredge our data.

Experimentation 61

Experimentation Testing Statistics Metrics 61