O'Reilly on Data

MARCH 31, 2020

Because it’s so different from traditional software development, where the risks are more or less well-known and predictable, AI rewards people and companies that are willing to take intelligent risks, and that have (or can develop) an experimental culture. Measurement, tracking, and logging is less of a priority in enterprise software.

Management 332

Management Machine Learning Experimentation Metrics 332

Occam's Razor

APRIL 8, 2013

This thought was in my mind as I was reading Lean Analytics a new book by my friend Alistair Croll and his collaborator Benjamin Yoskovitz. In this post, we’ll look at each of the four steps in the Lean Analytics Cycle in more detail. But it is not routine. So, how do we fix this problem? Step 1: Figure out what to improve.

Metrics 156

Metrics KPI Analytics Key Performance Indicator 156

Occam's Razor

FEBRUARY 7, 2022

Since you're reading a blog on advanced analytics, I'm going to assume that you have been exposed to the magical and amazing awesomeness of experimentation and testing. And yet, chances are you really don’t know anyone directly who uses experimentation as a part of their regular business practice. Wah wah wah waaah.

Experimentation 101

Experimentation Testing Optimization Marketing 101

CIO Business Intelligence

AUGUST 25, 2023

In this conversation with Foundry, Mitali discusses the accelerated importance of technology in healthcare, on enabling healthcare providers with data and why her team isn’t afraid of experimentation. Can you discuss the opportunities and challenges of data and analytics to transform the healthcare industry?

Experimentation 88

Experimentation Digital Transformation Technology Measurement 88

Occam's Razor

MAY 22, 2006

This post is a primer on the delightful world of testing and experimentation (A/B, Multivariate, and a new term from me: Experience Testing). Experimentation and testing help us figure out we are wrong, quickly and repeatedly and if you think about it that is a great thing for our customers, and for our employers.

Experimentation 103

Experimentation Testing Optimization Measurement 103

Occam's Razor

JULY 24, 2018

The universe of digital analytics is massive and can seem as complex as the cosmic universe. Even simple questions like “ How effective is our analytics strategy? Soon, your digital analytics strategic framework that you hoped would provide a true north to the analytics strategy question looks like this ….

Analytics 93

Analytics Metrics Strategy Measurement 93

DataKitchen

OCTOBER 5, 2021

A DataOps Engineer owns the assembly line that’s used to build a data and analytic product. That’s the state of data analytics today. . Where are the data engineers, scientists and analytics? DataOps enables: Rapid experimentation and innovation for the fastest delivery of new insights to customers. Low error rates.

Testing 157

Testing Dashboards Measurement Experimentation 157

bridgei2i

APRIL 28, 2020

Episode 2: How Data & Analytics Can Help in a Downturn. How Data & Analytics Can Help in a Downturn. Despite the downturn in the market, Doug explains that enterprises should focus on data and analytics investments. And obviously, such times call for truly unprecedented measures. Listening time: 13 minutes.

Enterprise 103

Enterprise Data Analytics Analytics Forecasting 103

Ontotext

JULY 6, 2023

The visualization and analytical interfaces help enterprises derive valuable business intelligence by connecting business abstractions like products, services and processes to the technical infrastructure that enables them. It incorporates the knowledge of Subject Matter Experts and ensures accurate sentiment measurements.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

Rocket-Powered Data Science

JULY 7, 2019

Analytics: The products of Machine Learning and Data Science (such as predictive analytics, health analytics, cyber analytics). Edge Computing (and Edge Analytics): Industry 4.0: Algorithm: A set of rules to follow to solve a problem or to decide on a particular action (e.g., See [link]. Industry 4.0 Industry 4.0

Internet of Things 157

Internet of Things Machine Learning Manufacturing IoT 157

Occam's Razor

NOVEMBER 12, 2006

Mostly because short term goals drive a lot of what we do and if you are selling something on your website then it only seems to make logical sense that we measure conversion rate and get it up as high as we can as fast as we can. So measure Bounce Rate of your website. Even though we should not obsess about conversion rate we do.

Measurement 99

Measurement Analytics Optimization Marketing 99

AWS Big Data

NOVEMBER 2, 2023

GoDaddy benchmark During our initial experimentation, we observed that arm64 on EMR Serverless consistently outperformed or performed on par with x86_64. By adopting an arm64 architecture, organizations can achieve enhanced cost-effectiveness and performance for their workloads, contributing to more efficient data processing and analytics.

Cost-Benefit 87

Cost-Benefit Big Data Testing Optimization 87

AWS Big Data

AUGUST 21, 2023

In particular, our experimentation shows that hybrid search, combining lexical and vector approaches, typically results in a 15% improvement in search result quality over lexical or vector search alone on industry-standard test sets, as measured by the NDCG@10 metric (Normalized Discounted Cumulative Gain in the first 10 results).

Data Processing 90

Data Processing Experimentation Visualization Metrics 90

DataRobot

JUNE 17, 2021

Traditionally, science has advanced in many cases by having brilliant researchers compete different hypotheses to explain experimental data, and then design experiments to measure which is correct. Distilling Free-Form Natural Laws from Experimental Data, Science 03 Apr 2009: Vol. So What is Eureqa? They also deploy very easily.

Modeling 52

Modeling Experimentation Machine Learning Measurement 52

Smart Data Collective

FEBRUARY 4, 2020

Harrison (Chief Scientific Officer at Clarivate Analytics) found that: Almost half of new Phase II drugs are rejected because they do not demonstrate effectiveness against the targeted condition. An open and impartial AI model should be able to inject a measure of transparency into this process along with the obvious efficiency advantages.

Experimentation 100

Experimentation Testing Modeling Strategy 100

CIO Business Intelligence

APRIL 26, 2023

Experimentation broadens expertise, particularly in a rapidly evolving field like technology where being able to learn many new skills is key to both career and enterprise success, he says. Some people are visual thinkers, while others are more analytical or creative,” Kumar says. Perspectives matter, he notes.

IT 100

IT Experimentation Forecasting Technology 100

CIO Business Intelligence

FEBRUARY 21, 2023

For Heineken’s global CIO Ing Yan Ong, the journey to keep a historic beer brand relevant starts with simplifying ERP, adopting agile methodologies and rethinking customer and supplier relationships in an age of digital analytics and personalized communications. There’s also a growing emphasis on improving team performance.

Digital Transformation 96

Digital Transformation Sales Experimentation Optimization 96

AWS Big Data

JANUARY 9, 2024

This functionality was initially released as experimental in OpenSearch Service version 2.4, Hybrid search, the combination of the two methods, gives 14% higher search relevancy (as measured by NDCG@10—a measure of ranking quality) than BM25 alone, so customers want to use hybrid search to get the best of both.

Cost-Benefit 91

Cost-Benefit Visualization Modeling Machine Learning 91

DataRobot Blog

AUGUST 10, 2022

As Integrated Care Systems (ICSs) in England officially launch, we take a look at the key opportunities presented to ICS regions to harness cutting-edge modern and integrated analytical frameworks to accelerate the attainment of operating efficiencies, the modernisation of care pathways, and the improvement of patient outcomes.

Forecasting 52

Forecasting Experimentation Data-driven Risk 52

CIO Business Intelligence

MAY 16, 2023

It surpasses blockchain and metaverse projects, which are viewed as experimental or in the pilot stage, especially by established enterprises. Learn how to safeguard data and comply with changing laws, regulations, and operational requirements in Measuring Enterprise Information Governance Maturity.

Advertising 87

Advertising Recreation/Entertainment Experimentation Enterprise 87

Occam's Razor

AUGUST 22, 2011

Here you'll find all my blog posts categorized into a structure that will hopefully make it easy for you to discover new content, find answers to your questions, or simply wallow in some excellent analytics narratives. " ~ Digital Analytics: "Am I thinking right? How To Excite People About Web Analytics: Five Tips.

KPI 124

KPI Metrics Measurement ROI 124

Occam's Razor

NOVEMBER 13, 2009

I am absolutely thrilled that my book Web Analytics 2.0 I only had one job, at Intuit, when I wrote my first web analytics book. The Pitch: I invite you to consider buying my second web analytics book. It is not just a business book, though every dna strand in this book is more about online marketing than online analytics.

Analytics 71

Analytics Metrics Measurement Testing 71

Domino Data Lab

DECEMBER 4, 2020

PharmaceUtical Modeling And Simulation (or PUMAS) is a suite of tools to perform quantitative analytics for pharmaceutical drug development [2]. The framework can facilitate a wide range of analytics task, including but not limited to: Non-compartmental Analysis. Specification of Nonlinear Mixed Effects (NLME) Models. and 3 to 8 hours.

Metrics 59

Metrics Data Science Knowledge Discovery Measurement 59

Ontotext

NOVEMBER 2, 2023

This is the future of modern data and analytics and a critical enabler to getting more value and insight out of your data. And while there is a great deal of experimentation underway, most organizations have only scratched the surface in a use-case-by-use-case fashion.

IT 69

IT Cost-Benefit Data-driven Technology 69

Ontotext

APRIL 3, 2024

So, this is a big driver for the outcome because when you are saving money for the business, you can measure it and see its value. Nimit Mehta: I think that 2024 is going to be a buckle-down year, but, at the same time, we’ll see a rapid explosion of experimentation. It helps you do analytics that you can’t otherwise do.

Technology 59

Technology Risk Digital Transformation Measurement 59

DataKitchen

MARCH 8, 2023

Like in product manufacturing, finding and reducing errors are the keys to data and analytics manufacturing success. The day-to-day production of data analytics is also a manufacturing process. This requires a culture of innovation, experimentation, and willingness to take risks and try new approaches.

Analytics 130

Analytics Manufacturing Data-driven Data Analytics 130

Sisense

JANUARY 21, 2020

Our BI Best Practices demystify the analytics world and empower you with actionable how-to guidance. They measured both the blood pressure of the participants and if they had a heart attack or not. Another study showed using experimental studies that the paradox might occur, and that people are often poor at recognizing it.

Testing 104

Testing Risk Data-driven Statistics 104

Domino Data Lab

SEPTEMBER 10, 2020

Yet despite all this hard work, few models ever make it into production (VentureBeat AI concluded that just 13% of data science projects make it into production) and in terms of delivering value to the business, Gartner predicts that only 20% of analytics projects will deliver business outcomes that improve performance. What’s going on?

Modeling 101

Modeling IT Data Science Experimentation 101

Domino Data Lab

AUGUST 6, 2021

The process of doing data science is about learning from experimentation failures, but inadvertent errors can create enormous risks in model implementation. Doing data science is all about experimentation … doing it again, and again, and again until a model is ready for deployment at scale. Model implementation.

Risk Management 64

Risk Management Risk Modeling Enterprise 64

Alation

SEPTEMBER 28, 2022

The term has been used a lot more of late, especially in the data analytics industry, as we’ve seen it expand over the past few years to keep pace with new regulations, like the GDPR and CCPA. Teams are better able to conduct research on AI technologies , new analytics tools, and methods and share them in a DataOps environment.

Cost-Benefit 52

Cost-Benefit Data Quality Manufacturing Testing 52

CIO Business Intelligence

MAY 1, 2024

Pilots can offer value beyond just experimentation, of course. McKinsey reports that industrial design teams using LLM-powered summaries of user research and AI-generated images for ideation and experimentation sometimes see a reduction upward of 70% in product development cycle times. What are you measuring?

Cost-Benefit 140

Cost-Benefit Metrics Insurance Measurement 140

O'Reilly on Data

MAY 14, 2020

AI PMs should enter feature development and experimentation phases only after deciding what problem they want to solve as precisely as possible, and placing the problem into one of these categories. Experimentation: It’s just not possible to create a product by building, evaluating, and deploying a single model.

Management 363

Management Experimentation B2B Machine Learning 363

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

Cloudera

MARCH 2, 2022

Apache Impala is used today by over 1,000 customers to power their analytics in on premise as well as cloud-based deployments. Analytical SQL workloads use aggregates and joins heavily. Hence, optimizing such operators for both performance and efficiency in analytical engines like Impala can be very beneficial. Microbenchmark.

Data Warehouse 86

Data Warehouse Optimization Analytics Sales 86

Occam's Razor

OCTOBER 21, 2013

Following revelations of NSA activities via Mr. Snowden, Google has now switched almost all users to secure search, resulting in even more user search queries showing up as not provided in all web analytics tools. No keyword data in analytics tools. That of course will mean more referring keyword data will disappear.

Optimization 154

Optimization Reporting Experimentation Metrics 154

Occam's Razor

JUNE 6, 2007

I am thrilled to say that my book Web Analytics: An Hour A Day has been published and is now widely available. Five Reasons Why You Should Buy Web Analytics: An Hour A Day: Web Analytics: An Hour A Day for the first time provides a Practitioner's in the trenches perspective on web analytics. There I said it.

Analytics 60

Analytics Metrics Marketing Dashboards 60

Sisense

JULY 15, 2020

This article will focus on the AI Research (AIR) team’s effort, specifically an experimental combination of Sisense BloX (actionable embedded analytics ) and Quest (an advanced analytics add-on for Sisense) which we called the SEIR app. Building better advanced analytic apps. Envisioning the SEIR app.

Analytics 90

Analytics Modeling Visualization Dashboards 90