DataKitchen

MARCH 16, 2023

How to measure your data analytics team? So it’s Monday, and you lead a data analytics team of perhaps 30 people. Like most leaders of data analytic teams, you have been doing very little to quantify your team’s success. The Active Data Ratio metric determines the percentage of datasets that deliver value.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

DataRobot

AUGUST 25, 2021

In a recent blog, we talked about how, at DataRobot , we organize trust in an AI system into three main categories: trust in the performance in your AI/machine learning model , trust in the operations of your AI system, and trust in the ethics of your modelling workflow, both to design the AI system and to integrate it with your business process.

Metrics 98

Metrics Measurement Machine Learning Data Collection 98

IBM Big Data Hub

MAY 28, 2024

While every data protection strategy is unique, below are several key components and best practices to consider when building one for your organization. What is a data protection strategy? Its principles are the same as those of data protection—to protect data and support data availability.

Strategy 72

Strategy Measurement Risk Cost-Benefit 72

datapine

JANUARY 6, 2022

Yet, before any serious data interpretation inquiry can begin, it should be understood that visual presentations of data findings are irrelevant unless a sound decision is made regarding scales of measurement. For a more in-depth review of scales of measurement, read our article on data analysis questions.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

datapine

DECEMBER 28, 2021

Exclusive Bonus Content: Download Our Free Data Integrity Checklist. Get our free checklist on ensuring data collection and analysis integrity! Misleading statistics refers to the misuse of numerical data either intentionally or by error. In 2012, the global mean temperature was measured at 58.2 degrees Fahrenheit.

Statistics 363

Statistics Advertising Visualization Data mining 363

IBM Big Data Hub

MARCH 26, 2024

While ESG seeks to provide standard methods and approaches to measuring across environmental, social and governance KPIs, and holds organizations accountable for that performance, sustainability is far broader. How is sustainability managed—as an annual measuring exercise or an ongoing effort that supports business transformation?

Measurement 62

Measurement Metrics Strategy Reporting 62

Smart Data Collective

OCTOBER 16, 2023

Big data generation is significant for enterprises transitioning from analog to digital workflows. Communication Communication is the data that you generate as a person. Social media, blogging, and microblogging are all essential communication data sources. IoT Sensors generate IoT data.

Big Data 101

Big Data IoT Cost-Benefit Advertising 101

datapine

APRIL 16, 2019

By implementing the right reporting tools and understanding how to analyze as well as to measure your data accurately, you will be able to make the kind of data driven decisions that will drive your business forward. What Is Data Driven Decision Making? Quantitative data analysis focuses on numbers and statistics.

Data-driven 287

Data-driven Dashboards Visualization Cost-Benefit 287

datapine

MAY 2, 2023

The big data market is expected to exceed $68 billion in value by 2025 , a testament to its growing value and necessity across industries. According to studies, 92% of data leaders say their businesses saw measurable value from their data and analytics investments. Now’s the time to strike.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

IBM Big Data Hub

FEBRUARY 9, 2023

In our last blog , we delved into the seven most prevalent data challenges that can be addressed with effective data governance. Today we will share our approach to developing a data governance program to drive data transformation and fuel a data-driven culture. Don’t try to do everything at once!

Data Governance 77

Data Governance Business Objectives Strategy Data Quality 77

IBM Big Data Hub

FEBRUARY 23, 2024

The GDPR applies to any organization that processes the personal data of European residents, regardless of where that organization is based. Second, a comprehensive inventory makes it easier to comply with user requests to share, update, or delete their data. Organizations may need to update consent forms to meet these requirements.

Measurement 77

Measurement Risk Data Collection Data Processing 77

3AG Systems

DECEMBER 1, 2020

Much about industrial data collection has changed in the past few decades. For supervisory control and data acquisition (SCADA) engineers who cut their teeth on programmable logic controller (PLC) stacks and pre-internet SCADA, IoT might look like the latest trend. Read More

IoT 52

IoT Internet of Things Data Collection Manufacturing 52

Cloudera

APRIL 20, 2022

For example, people at high risk for hospitalization upon infection, each received an oxy pulse meter and were asked to either call into a hotline if their measurements were outside of a range, or upload each measurement to a portal. The post The Sprint towards Digital Healthcare appeared first on Cloudera Blog.

Insurance 98

Insurance Measurement Data Lake Risk 98

IBM Big Data Hub

SEPTEMBER 11, 2023

How to quantify the impact : Quantify, articulate and measure the expected long-term benefit of a capability to justify the investment. Through the analysis of collected data, potential opportunities for improvement are uncovered. The pain point tracker clusters the foundational data in which value metrics are then applied.

Data-driven 86

Data-driven IT Measurement Cost-Benefit 86

IBM Big Data Hub

APRIL 24, 2024

Some kinds of data, like biometrics and social security numbers, require stronger protections than others. Knowing how data moves through the network helps track usage, detect suspicious activity, and put security measures in the right places. The company conducts regular audits to keep the data inventory up to date.

Risk 80

Risk Measurement Data Governance Insurance 80

IBM Big Data Hub

MARCH 29, 2024

Counters are used to measure completed tasks, the number of errors that occurred during a defined period, or the number of running processes or microservices. Histograms: Histograms measure the duration of specified events such as request duration or response size.

Metrics 77

Metrics Visualization Measurement Optimization 77

Cloudera

FEBRUARY 23, 2023

The healthcare industry, in partnership with government agencies, must engage with a robust modern data management solution that can extract electronic health data in the form of controlled substance data, prescriber data, and patient data and transform it into meaningful, measurable, and actionable information.

Data Analytics 76

Data Analytics Analytics Data Processing Risk 76

Cloudera

APRIL 19, 2023

Data has become an essential driver for new monetization initiatives in the financial services industry. In order to monetize their data while still respecting the privacy of their customers, these firms must implement robust data protection measures and adhere to relevant regulations.

Data-driven 70

Data-driven Data Architecture Measurement Risk 70

IBM Big Data Hub

JANUARY 22, 2024

The practical steps an organization takes to meet these requirements will depend on its location, resources and data processing activities, among other factors. The GDPR defines the circumstances under which companies can legally process personal data. Learn more about IBM’s suite of data security and compliance products.

Measurement 82

Measurement Risk Data Processing Data Collection 82

BizAcuity

JULY 7, 2020

In this blog, we’ll try to outline some other key steps that can come in handy – from a business perspective – to enable your business to smoothly bounce back to life post the end of the pandemic. By adopting such measures, casinos can enable a safe environment and in turn, gain the confidence of the players.

Revenue Optimization 98

Revenue Optimization Measurement Interactive Marketing 98

IBM Big Data Hub

NOVEMBER 14, 2023

Data monetization is not narrowly “selling data sets ;” it is about improving work and enhancing business performance by better-using data. External monetization opportunities enable different types of data in different formats to be information assets that can be sold or have their value recorded when used.

Strategy 106

Strategy Cost-Benefit Data-driven Measurement 106

datapine

JULY 8, 2020

Such a real-time dashboard ensures productivity increment and centralized data collection that enables executives to overcome numerous operational challenges within their line of work. When you complete data management processes with an (automated) COO report and intelligent alarms, any business anomaly will not go unnoticed.

Dashboards 202

Dashboards Reporting Metrics Visualization 202

datapine

FEBRUARY 22, 2022

This includes defining the main stakeholders, assessing the situation, defining the goals, and finding the KPIs that will measure your efforts to achieve these goals. A planned BI strategy will point your business in the right direction to meet its goals by making strategic decisions based on real-time data.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

IBM Big Data Hub

AUGUST 11, 2023

Furthermore, MES systems provide organizations with comprehensive and accurate production data, enabling data-driven decision-making to continuously enhance business processes and optimize resource utilization. ensure that the MES software complies with relevant standards and provides robust security measures to protect sensitive data.

Software 69

Software Manufacturing Cost-Benefit ROI 69

Cloudera

AUGUST 6, 2021

At the nucleus of such an organization is the practice of accelerating time to insights, using data to make better business decisions at all levels and roles. In the first of two blog posts, we delve into customer analytics to examine where data makes a difference in delivering an exceptional customer experience. .

Data-driven 104

Data-driven B2B Data Strategy Strategy 104

IBM Big Data Hub

JUNE 8, 2023

The reefs are also equipped with the BluBoxx™ ocean data platform, and can be adapted to different environments to monitor and collect a wide range of ocean data. BluBoxx™ also enables data transmission from the subsea sensor collection devices to the surface.

Technology 78

Technology Measurement Cost-Benefit Data-driven 78

IBM Big Data Hub

SEPTEMBER 6, 2023

AI marketing is the process of using AI capabilities like data collection, data-driven analysis, natural language processing (NLP) and machine learning (ML) to deliver customer insights and automate critical marketing decisions. What is AI marketing?

Marketing 80

Marketing Technology Advertising ROI 80

Cloudera

MARCH 18, 2021

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. At a glance, here are the primary changes FRTB introduces: A shift from value-at-risk (VaR) to an expected shortfall (ES) measure of risk under stress.

Risk 55

Risk Machine Learning Risk Management Measurement 55

datapine

SEPTEMBER 1, 2020

An effective modern means of extracting real value from your research results such as brand analysis, market research reports present and arrange data in a way that is digestible and logical in equal measures through professional online reporting software and tools. c) Customer Effort Score (CES).

Reporting 247

Reporting Marketing KPI Dashboards 247

Jedox

NOVEMBER 7, 2019

In this blog, we’ll examine what to consider when choosing a software consolidation solution for your organization. Automating consolidation processes such as data preparation and consolidation measures can significantly reduce manual intervention and shorten process times. From data collection to reporting.

Software 41

Software Data Collection Reporting Data Quality 41

erwin

APRIL 21, 2020

By combining physical system catalogs, critical data elements, and key performance measures with clearly defined product and sales goals, you can manage the effectiveness of your business and ensure you understand what critical systems are for business continuity and measuring corporate performance.

Measurement 97

Measurement Sales Data Governance Metadata 97

IBM Big Data Hub

FEBRUARY 2, 2024

A 2023 report found that global investment in green or low-carbon energy sources exceeded USD $1 trillion, 1 while advanced data collection tools and artificial intelligence (AI) are helping to better monitor emissions and inform sustainability strategy. Today, sustainability efforts are being shaped by new urgency and new technology.

Optimization 87

Optimization Cost-Benefit Strategy Technology 87

erwin

APRIL 21, 2020

So one of the biggest lessons we’re learning from COVID-19 is the need for data collection, management and governance. What’s the best way to organize data and ensure it is supported by business policies and well-defined, governed systems, data elements and performance measures?

Measurement 96

Measurement Sales Data Governance Metadata 96

DataKitchen

JUNE 24, 2021

So we really prioritized the data that we thought had the biggest chance of delivering success in the end. Chapin also mentioned that measuring cycle time and benchmarking metrics upfront was absolutely critical. “It DataOps Enables Your Data Mesh or Data Fabric. Design for measurability.

ROI 211

ROI Metrics Measurement Cost-Benefit 211

datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. Consumers have grown more and more immune to ads that aren’t targeted directly at them. The results? 4) Improve Operational Efficiency.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

IBM Big Data Hub

FEBRUARY 7, 2024

This can be quantified by measuring metrics like tree cover, habitat integrity and number of species, and is guided by sustainable development principles. .” Similar to “carbon neutral” in the context of emissions, nature positive refers to stopping, avoiding and reversing environmental destruction.

Reporting 91

Reporting Internet of Things Cost-Benefit Data-driven 91

O'Reilly on Data

MAY 14, 2020

In addition, the Research PM defines and measures the lifecycle of each research product that they support. The foundation of any data product consists of “solid data infrastructure, including data collection, data storage, data pipelines, data preparation, and traditional analytics.”

Management 363

Management Experimentation B2B Machine Learning 363