Retail trends 2016: bite-size takeaways from Retail Technology Show USA

ScienceSoft

Back from a visit to Retail Technology Show USA 2016, we compiled this year’s retail software development trends in one bite-size guide

Digital Attribution's Ladder of Awesomeness: Nine Critical Steps

Occam's Razor

Culture is a stronger determinant of success with data than anything else. Including data. People + Process + Structure] > [Data + Technology]. It seems hard to believe. Yet, it is so fantastically true. At least for now. At least until AGI takes over. Why is this formula material? The first part of the equation, for better or for worse, improves in an evolutionary manner. The second part of the equation most frequently improves in a revolutionary manner.

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Five Key Elements For A Big Analytics Driven Business Impact

Occam's Razor

There is, almost literally, an unlimited number of things you could focus on to create a high impact data-influenced organization. And, as if unlimited is not enough, nearly every month your analytics vendors release new features, you discover new analytics solutions, and as your business is more successful (hurray!)

Smarter Survey Results and Impact: Abandon the Asker-Puker Model!

Occam's Razor

Econsultancy/Lynchpin provides this description in the report: "There were 960 respondents to our research request, which took the form of a global online survey fielded in May and June 2016. Today's post comes from a source of deep pain. Analysis Ninjas are valued less than I would prefer for them to be. The post is also sourced from a recent edition of my newsletter, The Marketing – Analytics Intersect.

Analyzing Tabular Model in Excel 2016

Ms SQL Girl

As a side note, I actually was struggling to find Power View button in Excel 2016 as it was missing from the ribbon. The steps to connect to a Tabular Model in Excel 2013 are the same as in Excel 2016: In Excel 2013/2016, navigate to the Data menu and choose From Other Sources > From Analysis Services from the ribbon as shown below. It’s been a long time since I wrote an article on Tabular Model. This week, one of my good readers, Andrew posted me a question.

Analyzing Tabular Model in Excel 2016

Ms SQL Girl

As a side note, I actually was struggling to find Power View button in Excel 2016 as it was missing from the ribbon. The steps to connect to a Tabular Model in Excel 2013 are the same as in Excel 2016: In Excel 2013/2016, navigate to the Data menu and choose From Other Sources > From Analysis Services from the ribbon as shown below. It’s been a long time since I wrote an article on Tabular Model. This week, one of my good readers, Andrew posted me a question.

Be Real-World Smart: A Beginner's Advanced Google Analytics Guide

Occam's Razor

Being book smart is good. The outcome of book smart is rarely better for analytics practitioners then folks trying to learn how to fly an airplane from how-to books. Hence, I have been obsessed with encouraging you to get actual data to learn from. This is all the way from Aug 2009: Web Analytics Career Advice: Play In The Real World! Or a subsequent post about how to build a successful career: Web Analytics Career Guide: From Zero To Hero In Five Steps.

Ad Block Tracking With Google Analytics: Code, Metrics, Reports

Occam's Razor

You don't use an ad blocker, right? Of course not! You would never want to take away the opportunity a content creator has online to monetize their work via ads. I know that at least some of you think I'm being sarcastic. I am not, and this post is all about getting the data to show you that I am indeed not being sarcastic. I am insanely excited that we can track ad blocking behavior in Google Analytics, so easily.

A Great Analyst's Best Friends: Skepticism & Wisdom!

Occam's Razor

Here's something important I've observed in my experience in working with data, and changing organizations with ideas: Great Analysts are always skeptical. Deeply so. This was always true, of course. But, it has become mission critical over the last few years as the depth, breadth, quantity and every other dimension you could apply to data has simply exploded. There is too much data. There are too many tables/charts/"insights" being rammed down your throat.

Installing Packages in SQL Server R Services

Ms SQL Girl

As you may already know In-database Analytics (also known as Advanced Analytics) is available in SQL Server 2016. SQL Server 2016 RC3 : this includes SQL Server R Services that you can install. SQL Server 2016 CTP 3 Sample : provides sample databases and guidance on how to best explore the new features. Use Adventure Works SQL Server 2016 CTP 3 to try out different Hero features in SQL Server 2016.

Suck Less | A Plea For User-Centric Design: Powered By You!

Occam's Razor

Analysts, honestly, make the world go round when it comes to any successful business – yes, data is that important. As you might expect from any role, they also make a handful of important mistakes. I've written about the biggest mistake web analysts make. Today's post is an adjacent mistake: The cardinal sin of spending too much time with data and in reports!

Excellent Analytics Tip #27: Chase Smart Calculated Metrics!

Occam's Razor

For the last decade (#omg!), I've consistently complained about a fundamental flaw in Web Analytics tools: They incentivize one night stands , rather than engagements matching customer-intent. This leads to owners of digital experiences (insanely) expecting all visitors to their websites to convert right away – anything less than that is a failure. Damn the intent the customer is expressing.

Installing Packages in SQL Server R Services

Ms SQL Girl

As you may already know In-database Analytics (also known as Advanced Analytics) is available in SQL Server 2016. SQL Server 2016 RC3 : this includes SQL Server R Services that you can install. SQL Server 2016 CTP 3 Sample : provides sample databases and guidance on how to best explore the new features. Use Adventure Works SQL Server 2016 CTP 3 to try out different Hero features in SQL Server 2016.

Four Stories: A Decade of Writing Occam's Razor!

Occam's Razor

An off-topic post this week, to celebrate this incredible outpost you've helped create on the web, Occam's Razor. This month my beloved blog is ten years old. It feels more like five. But, I've already celebrated the blog being five years old ! I have to admit life has been a tad bit busy lately, and it took a note from a reader to remind me of the birthday.

Rock Analytics More: Obsess About Goals And Goal Values!

Occam's Razor

If you don't have goals, you are not doing digital analytics. You are doing i am wasting earth's precious oxygenalytics. Let's back up. Let me start with a story. We were brain storming about the next cluster of coolness for Analytics, the conversation quickly went to what Analysts need to look at on a daily, weekly and monthly basis.

Why Data Analytics is Set to Slay Corporate Silos in 2016

TIBCO

Silos, not the tall towers used for grain storage, but the pesky divisions and hierarchies that are rampant across many organizations and largely resistant to destruction. They take many forms, and once established, prove to be tenacious and embedded; keeping people in their boxes, marginalized and isolated, cementing a ‘them and us’ culture, which remains the perennial gripe of corporate life.

Next generation tools for data science

The Unofficial Google Data Science Blog

By DAVID ADAMS Since inception, this blog has defined “data science” as inference derived from data too big to fit on a single computer. Thus the ability to manipulate big data is essential to our notion of data science. While MapReduce remains a fundamental tool, many interesting analyses require more than it can offer. For instance, the well-known Mantel-Haenszel estimator cannot be implemented in a single MapReduce.

Data analytics: on the way to value-based care

ScienceSoft

Now that Meaningful Use transforms into the value-based care delivery model, providers face a major challenge of adapting to the changes in how care delivery is organized, measured and reimbursed. No gilding any pills here, it is the ‘Do or Die’ dilemma. Find out how the healthcare data analytics can solve this dilemma

Patient engagement analytics: It’s measurable!

ScienceSoft

No more abstract patient engagement talks. Healthcare data analytics shows the way into transforming the level of patients' involvement in their health into a measurable value

Ask Why! Finding motives, causes, and purpose in data science

Data Science and Beyond

Some people equate predictive modelling with data science, thinking that mastering various machine learning techniques is the key that unlocks the mysteries of the field. However, there is much more to data science than the What and How of predictive modelling. I recently gave a talk where I argued the importance of asking Why , touching on three different topics: stakeholder motives, cause-and-effect relationships, and finding a sense of purpose. A video of the talk is available below.

Launch Your Next Sales Surge: 20 Tips to Improve Sales Performance

The Kini Group

Sales professionals have a tough job. They fight an uphill battle to hit their quotas. They have to fight for prospects just to answer the phone or an email. When they finally get a hold of leads, people tend to distrust them. Considering how difficult sales can be, it’s still a crucial cornerstone of every business. Your company’s sales performance has a major effect on profits, and setting your sales team up for success creates long-term profits.

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Statistics for Google Sheets

The Unofficial Google Data Science Blog

Editor's note: The Google Sheets add-on described in this blog post is no longer supported externally by Google. By STEVEN L. SCOTT Big data is new and exciting, but there are still lots of small data problems in the world. Many people who are just becoming aware that they need to work with data are finding that they lack the tools to do so. The statistics app for Google Sheets hopes to change that.

How You Can Get Proactive About Margin Leaks Using the Pocket Price Waterfall

The Kini Group

How much price are you really keeping from each of your sales transactions? A percentage point lost here and there can add up to thousands – if not millions – of dollars of lost pricing revenue, which comes straight off the bottom-line. And all of this loss could be happening completely under the radar. Finding these leaks and making transactional pricing (and that means every single transaction) as profitable as possible is the key to increasing profitability in a big and noticeable way.

Sales 52

Tableau Grows Up!

Rita Sallam

As a long-time observer and some would say that stern 1 st grade teacher of Tableau since its early childhood, it is clear to me that Tableau has now put on its big girl pants – and Tableau 2016, its annual user conference, with more than 13,000 attendees was Tableau’s coming of age party. Everyone experiences rites of passage into adulthood.

U.S. charges former Uber security chief with covering up massive 2016 hacking

DataFloq

WASHINGTON (Reuters) - In an unprecedented case, a former chief security officer for Uber Technologies was criminally charged on Thursday with trying to cover up a 2016 hacking that exposed personal information of about 57 million of the ride-hailing company's customers and drivers.

A Merging of Minds: Finance and Sales Collaboration for Increased Profitability

The Kini Group

You’re sitting at your desk, reading an email from a colleague in the finance department: “We can’t approve the discount on the deal you’re trying to close. It’s too high and makes the deal margin too thin. Sorry. You’re going to have to backtrack on this one.” Frustrating, right? Meanwhile, that colleague is over at her desk, muttering to herself, “Why did he think that discount would be cleared? The point of sales is to make money, not lose it!

The Top Five Dashboards Every CFO Should Review Daily

The Kini Group

Earlier this week, a friend of mine made a joke about how CFOs seem to be responsible for everything these days. And he’s not wrong. The CFO’s responsibilities have migrated far from the typical numbers focus and cost analysis to growth strategy, sales tactics, and even human resources. This evolution of the role of CFO has created a demand for more oversight. Finance executives need to monitor so many metrics. It’s exhausting, overwhelming, and sometimes even flat out impossible.

The New Data Integration Requirements

In(tegrate) the Clouds

This week SnapLogic posted a presentation of the 10 Modern Data Integration Platform Requirements on the company’s blog. They are: Application integration is done primarily through REST & SOAP services. Large-volume data integration is available to Hadoop-based data lakes or cloud-based data warehouses. Integration has to support the continuum of data velocities starting from batch all the way to continuous streams. Integration is event-based rather than clock-driven.

What is Price Realization, and How Does It Impact Your Bottom Line?

The Kini Group

Companies are bombarded with pricing strategy advice constantly: “Increase your prices by 2%.”. Decrease your prices for your price-conscious markets.”. Add value anywhere and everywhere to drive customer loyalty.”. Unfortunately, even the best pricing advice rarely works for every single company. Even for those it does work well on average, it doesn’t succeed for every single transaction. This is why price realization is crucial for businesses. What is Price Realization?

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Forrester Quick Take: SAP Acquires Roambi, Opens New Chapter In Mobile BI

Martha Bennett

At the 2016 SAP Insider event on BI/Hana in Las Vegas, SAP announced the acquisition of independent mobile BI specialist Roambi’s solution portfolio and key assets. Major conferences are often the occasion for key vendor announcements, and SAP didn’t disappoint. With this acquisition, SAP underlines its commitment not only to mobile and cloud but also […]. application development & delivery business intelligence cloud computing

IT 40

Visualizing Distributions

Darkhorse

There is a near infinite variety of visualization methods within our field. Santiago Ortiz’s article, 45 ways to communicate two quantiles , shows us a stunning expanse for just two numbers. FlowingData has given us 9 ways to visualize proportions and 11 ways for changes over time. Many charting taxonomies include distributions, but they only present a few options. Let’s remedy that with a post on the many.

To Balance or Not to Balance?

The Unofficial Google Data Science Blog

By IVAN DIAZ & JOSEPH KELLY Determining the causal effects of an action—which we call treatment—on an outcome of interest is at the heart of many data analysis efforts. In an ideal world, experimentation through randomization of the treatment assignment allows the identification and consistent estimation of causal effects. In observational studies treatment is assigned by nature, therefore its mechanism is unknown and needs to be estimated.

3 Trends that are Changing the World of Data

In(tegrate) the Clouds

In my last post, I wrote about the new data integration requirements. In this post I wanted to share a few points made recently in a TDWI institute interview with SnapLogic founder and CEO Gaurav Dhillon when he was asked: What are some of the most interesting trends you’re seeing in the BI, analytics, and data warehousing space? There are three trends that I believe are fundamentally changing the world of data. The first is the shift to the cloud.

6 ways data is taking over retail

Information Builders

Today is National Book Lover’s Day, and the perfect opportunity to indulge your inner bookworm. According to a Huffington Post blog on the occasion, one of the best ways to celebrate is by giving the gift of reading and passing along a favorite book to others who might enjoy it. With that in mind, we asked some Information Builders colleagues for their best “data reads” and below is a sampling of their suggestions: read more

IT 63

45 Ways to Improve Your Customer Churn Rate

The Kini Group

Customer churn rate is a big problem for big businesses. It doesn’t matter how great your products and services are. If you bleed customers, your business is in trouble. Customer attrition impacts margins in a big way. Acquiring a new customer can cost your company anywhere between five to twenty-five times more than retaining an existing one ( Harvard Business Review ). To make matters worse, you’re not just wasting costs on lead acquisitions, you’re sacrificing profits too.

Sales 43

Pokemon Go is Giving to Society What Other Technology Had Taken Away

Jenny Sussin

I’ve seen some funny memes online where a big scary van has graffiti’ed “Rare Pokemon Inside” on it with the caption, “How to kidnap a 28 year old in 2016,” and I can tell you, that is accurate. I’m smack dab in the middle of Pokemon Go ‘s target demographic.

Estimating causal effects using geo experiments

The Unofficial Google Data Science Blog

by JOUNI KERMAN, JON VAVER, and JIM KOEHLER Randomized experiments represent the gold standard for determining the causal effects of app or website design decisions on user behavior. We might be interested in comparing, for example, different subscription offers, different versions of terms and conditions, or different user interfaces. When it comes to online ads, there is also a fundamental need to estimate the return on investment.

Modernize Using The BI & Analytics Magic Quadrant

Rita Sallam

Gartner revamped the BI and Analytics Magic Quadrant in 2016 to reflect the mainstreaming of this market disruption. There are pivot moments in life and in business where you just know – everything is about to change. Remember the first time you used the internet, email, a Mac, an ipod, iphone or ipad, or wore Reeboks?

It’s Time to Rethink Integration

In(tegrate) the Clouds

Last week SnapLogic posted the company’s mission on their blog , which is focused on accelerating how enterprise integration technology is delivered in the enterprise. The company is growing rapidly and hiring. Here is the their mission statement: It’s time to rethink integration. Integrating data and applications with legacy products is slowing down your business. What you’re running now is no longer running fast enough for today’s business needs.

The Daily Sales Checklist of Successful Sales Managers

The Kini Group

Sales leaders, how do you ensure that you get the most out of every single workday? How do you make every single minute of your day productive and focused on growth for your company? Sometimes, the day just gets away from you. You come into work to face a full inbox or a pressing customer issue, and before you know it, it’s lunchtime. But you haven’t made any strategy progress yet. Then you face the overwhelming question of, “Where do I even start?”

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Things to see while buying a Mutual Fund

MLWhiz

This is a post which deviates from my pattern fo blogs that I have wrote till now but I found that Finance also uses up a lot of Statistics. So it won’t be a far cry to put this on my blog here. I recently started investing in Mutual funds so thought of rersearching the area before going all in. Here is the result of some of my research

Blockchain And IoT: Not Ready For Primetime, But Now’s The Time To Start

Martha Bennett

Few would disagree that for IoT to live up to its promises, devices will sooner or later need to communicate directly, autonomously and securely with each other. Well-architected blockchain-based systems can help deliver those requirements, but they’re not available or even feasible today. In many ways, that’s a good thing, because it opens up great […]. chief information officer (CIO

IoT 40

Social Media Monitoring – Or Is It Surveillance?

Jenny Sussin

Over the last week, there have been a series of articles dumping on one particular social media monitoring application that was allegedly using an unethical value proposition to market its solution: surveillance. As one of Gartner’s social analytics analysts I’ve got to tell you, the tools that each vendor offers to the market could allow the exact same type of use.