Occam's Razor

SEPTEMBER 21, 2015

The Directors, the Marketers, the Optimization employees and our resident social media gurus. You can cut yourself with it and embarrass yourself, or you can look the very best you ever have by using it optimally. First, someone worked really hard on this and created a really nice model for a smarter decision to be made for 2014.

Visualization 160

Visualization Key Performance Indicator Slice and Dice Strategy 160

datapine

MAY 2, 2019

Data-driven storytelling is a powerful force as it takes stats and metrics and puts them into context through a narrative that everyone inside or outside of the organization can understand. In our example above, we are showing Sales by Payment Method for all of 2014. Bar graphs. How do you want to show your KPIs? What to avoid.

Visualization 173

Visualization Dashboards Sales KPI 173

datapine

FEBRUARY 23, 2023

The metrics are different and useful independently, but together, they tell a compelling story. Also, showing the relationship between selected multiple variables is not optimal for waterfall charts (also known as Cascade charts), as bubble plots or scatter plots would be a more effective solution.

Visualization 177

Visualization Dashboards Sales Measurement 177

datapine

JANUARY 31, 2022

This benefit goes directly in hand with the fact that analytics provide businesses with technologies to spot trends and patterns that will lead to the optimization of resources and processes. Lieferando is a European online food-ordering service that was acquired by Just Eat Take Away in 2014. Let’s see it with a real-world example.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214