John Wheeler

NOVEMBER 25, 2020

Offer capabilities to analyze business impacts at all levels of the organization by linking both strategic and tactical risk metrics. In 2019, Gartner saw a 36% increase in IRM client inquiry by business leaders. In addition, 73% of the 760 IRM client interactions in 2019 were business leader focused1.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

Insight

FEBRUARY 19, 2020

In 2019, Netflix alone released 371 new TV shows and movies. Building Models to Predict Movie Profitability Here I use profitability as the metric of success for a film and define profitability as the return on investment (ROI). The ROI is simply the fraction of the budget that the movie makes back at the box office (i.e.,

Risk 67

Risk ROI Modeling Metrics 67

Occam's Razor

JANUARY 7, 2019

To help kick-start your 2019 step change , I’ve written two “Top 10” lists, one for Marketing and one for Analytics – consisting of things I recommend you obsess about. Identify four relevant micro-outcomes to focus on in 2019. (In 2019's the year you get serious about serious analytics.

Marketing Analytics 88

Marketing Analytics Marketing Analytics Strategy 88

datapine

DECEMBER 11, 2019

2019 was a breakthrough year for the SaaS world in many ways. Indeed, according to Bloomberg, public cloud platforms, business services, and applications (SaaS) will all grow at a 9% CAGR (Compound Annual Growth Rate) between 2019 and 2023, and worth $60.36 A Betterbuys report reveals that the specific expenditure in the U.S.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

The ROI of human involvement When it comes to human involvement, the key difference is in the magnitude of costs associated with any one forecast cycle. This defines the ROI on the investment of human time. Over the life of the forecast, the data scientist will publish historical accuracy metrics.

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

Corinium

APRIL 25, 2019

Life insurance needs accurate data on consumer health, age and other metrics of risk. What do you recommend to organizations to harness this but also show a solid ROI? What are you most looking forward to about CDAOI Insurance 2019? And more recently, we have also seen innovation with IOT (Internet Of Things).

Insurance 150

Insurance Risk IoT Cost-Benefit 150

datapine

SEPTEMBER 16, 2022

Now that you’re sold on the power of data analytics in addition to data-driven BI, it’s time to take your journey a step further by exploring how to effectively communicate vital metrics and insights in a concise, inspiring, and accessible format through the power of visualization. back on every dollar spent. click for book source**.

Visualization 304

Visualization Dashboards Data-driven Statistics 304

Domino Data Lab

MARCH 3, 2019

Evolving Data Infrastructure: Tools and Best Practices for Advanced Analytics and AI (Jan 2019). AI Adoption in the Enterprise: How Companies Are Planning and Prioritizing AI Projects in Practice (Feb 2019). What metrics are used to evaluate success? How companies are building sustainable AI and ML initiatives ”.

Data Science 49

Data Science Deep Learning Machine Learning Modeling 49

Domino Data Lab

FEBRUARY 4, 2019

This edition of the conference will be held May 23–24, 2019 in NYC, where we’ll focus on data science as a team sport: leadership , practices , how teams work. Given the two points above, that’s okay—there are good ways to direct data exploration toward ROI. Of course, some questions in business cannot be answered with historical data.

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

Domino Data Lab

MAY 8, 2019

So much work in machine learning – either on the academic side which is focused on publishing papers or the industry side which is focused on ROI – tends to emphasize: How much predictive power (precision, recall) does the model have? Jupyter Book: Interactive books running in the cloud ” by Chris Holdgraf (2019-03-27).

Machine Learning 105

Machine Learning Data Science Modeling Visualization 105

Smart Data Collective

JUNE 26, 2019

Your company may also have blind spots to conquer if it doesn’t have the tools necessary to measure ROI appropriately. DialogTech’s statistics showed that only 21% of companies considered themselves effective at measuring mobile ROI. Mobile searches and social media were the top drivers of such activity.

ROI 102

ROI Statistics Machine Learning Measurement 102

Smart Data Collective

SEPTEMBER 30, 2019

Companies on either side of the world have identified countless applications for big data, which is helping them save considerable amounts of money and get better ROIs from various assets. The post Data-Driven KPIs Are Pillars For SME Decision Making In 2019 appeared first on SmartData Collective.

Data-driven 73

Data-driven Key Performance Indicator Big Data Measurement 73

InsightOut

OCTOBER 15, 2021

An organization, with its internal teams and external stakeholders, must collectively harness resources and capabilities to achieve common business goals and maximize the ROI on investments in data analytics and digital transformation in general. This implies that their data strategy must include a detailed needs analysis of the stakeholders.

Dashboards 52

Dashboards Key Performance Indicator Digital Transformation Metrics 52

Jet Global

MAY 28, 2019

In the business landscape of 2019, data is the only currency that matters. The success of any business into the next year and beyond will depend entirely on the volume, accuracy, and reportability of the data they collect—and how well the business can analyze, extract insight from, and take action on that data. Download Now.

Data Warehouse 85

Data Warehouse Reporting Business Intelligence Sales 85

Andrew White

JANUARY 11, 2021

As with offensive policies, too many firms mistake hygiene metrics such as the number of records cleaned up versus the impact on outcomes as the measure of success, with risk I would wary of the same mistake. Our operational teams are dissuaded from embracing D&A pilot programs into their operations because the ROI is so small.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 1, 2023

As a result, end users can better view shared metrics (backed by accurate data), which ultimately drives performance. Return on Investment Now we bring it all together to calculate the ROI on embedded analytics. The formula looks like this: ($750k / $250k) = 3, so the ROI is 200 percent. cost reduction).

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52