CIO Business Intelligence

FEBRUARY 21, 2023

Partnering with our distributors during the design phase we quickly incorporated VOC [voice of the customer] into our design and it allowed us to adjust the solution during build/test phases to quickly change on the fly and ultimately deploy much sooner. It’s about understanding the timing of the investment to maximize its return.”

Digital Transformation 145

Digital Transformation Marketing Technology Business Driver 145

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. For example, we may prefer one model to generate a range, but use a second scenario-based model to “stress test” the range.

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

Jet Global

MAY 1, 2023

Some of these costs may be developer resources, while others may be non-technical ones, such as business user administrators. 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