IBM Big Data Hub

NOVEMBER 30, 2023

Measure impact: Use analytics and metrics to assess the effectiveness of branding efforts. Application and hiring metrics: Utilize metrics such as application completion rates, time-to-hire, cost-per-hire and quality of hire to measure the effectiveness of the recruitment strategy.

Strategy 69

Strategy Cost-Benefit Consulting Data-driven 69

IBM Big Data Hub

MARCH 29, 2024

Generating repeat business is critical: McKinsey’s report on customer acquisition states (link resides outside of ibm.com) that companies need to acquire three new customers to make up the business value of losing one existing customer. They should track how many customers they have at the beginning and end of the period.

Strategy 65

Strategy Cost-Benefit Key Performance Indicator Marketing 65

datapine

JANUARY 18, 2023

Table of Contents 1) What Is The Report Definition? 2) Top 14 Types Of Reports 3) What Does A Report Look Like? Businesses have been producing reports since, forever. This presents a problem for many modern organizations today as building reports can take from hours to days. What Is The Report Definition?

Reporting 201

Reporting Metrics Dashboards Visualization 201

CIO Business Intelligence

AUGUST 9, 2023

Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth. Once a vanguard business strategy, digital transformation has become a perennial objective for business survival.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

CIO Business Intelligence

MAY 16, 2022

ITIL 4 contains seven guiding principles that were adopted from the most recent ITIL Practitioner Exam, which covers organizational change management, communication, and measurement and metrics. Consider what type of consulting, training, and certifications you might want to take advantage of to prepare for the transition as well. .

IT 105

IT Cost-Benefit ROI Risk 105

BA Learnings

AUGUST 7, 2021

Boston Consulting Group conducted a digital transformation study in 2020 to find out why such projects are missing the mark. According to a PMI report, 37% of projects fail because of unset or unclear goals. If so, you may be worried about what could go wrong, and the challenges that possibly lie ahead.

Digital Transformation 130

Digital Transformation Key Performance Indicator Cost-Benefit KPI 130

Occam's Razor

SEPTEMBER 29, 2009

Remember: Engagement is not a metric, its an excuse. ]. The ideal metrics for this desired outcome are Visitor Loyalty & Visitor Recency. The data in the above report shows how frequently during a time period do the website's visitors visit the website. All well and good. Here is the minor problem. 7 Best Practices ].

Measurement 128

Measurement Metrics Analytics Marketing 128

Occam's Razor

AUGUST 22, 2011

" ~ Web Metrics: "What is a KPI? " + Standard Metrics Revisited Series. "Engagement" Is Not A Metric, It's An Excuse. Defining a "Master Metric", + a Framework to Gain a Competitive Advantage in Web Analytics. Delibrate Your Data, Dig Into Your Data, Reimagine Content Reporting.

KPI 124

KPI Metrics Measurement ROI 124

Anmut

MARCH 22, 2023

The Anmut 5-step data maturity model At Anmut, we’ve created a data maturity model in consultation with data managers, academics, and business leaders. As such, rudimentary data is used for reporting purposes, but it doesn’t influence wider business operations or strategic decision-making.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

Jet Global

JUNE 16, 2020

In addition to providing outsourced CFO and specialized consulting services, Tyee reaches an audience of accounting insiders through his widely-consumed articles, podcasts, and YouTube videos. Along with tracking the amount of cash on hand, what metrics are CFOs obsessing over right now? Tracking receivables is really important.

Finance 52

Finance Cost-Benefit Metrics Data-driven 52

Occam's Razor

JULY 6, 2015

A thing three that shares optimally aligned See-Think-Do-Care metrics! There is a ton of pressure to show ROI, in 24 hours (!!). A CFO or a Big Consulting Company Executive takes over a team/company/area and they go all crazy about measurement. Here are the metrics I recommend as a starting point for those initiatives.

Measurement 158

Measurement Marketing Metrics Strategy 158

datapine

OCTOBER 30, 2019

Historically, the terms data report or business report haven’t got the crowds excited. Data reports have always been important for businesses. However, they have been a necessary evil, created by analysts and consultants. The rise of innovative report tools means you can create data reports people love to read.

Reporting 127

Reporting Visualization Dashboards KPI 127

bridgei2i

MAY 19, 2021

So with this data revolution, you know, gaining so much momentum, you know, and everybody investing in analytics, and with ROI also becoming more and more tangible, how is the charter of GICs really changed? Venkat: Got it. Because, you know, it seems like across industries, a lot of enterprises are setting up GICs across the world right.

Enterprise 75

Enterprise Digital Transformation Marketing Cost-Benefit 75

IBM Big Data Hub

MARCH 26, 2024

As we have seen with any sort of external reporting liabilities, this type of accountability does drive action. It’s our responsibility to ensure we don’t just do ESG reporting for the sake of reporting, and that it doesn’t impede actual progress in sustainability.

Measurement 67

Measurement Metrics Strategy Reporting 67

CIO Business Intelligence

MAY 9, 2022

While strong ROI is compelling, so is the fact that people issues are one of the top enterprise risks. Sharing progress toward achieving KPIs and metrics reinforces that commitment. Analyzing metrics and KPIs along the transformation journey helps guide decision-making towards the stated strategy. Establish a North Star.

Technology 97

Technology ROI Metrics Digital Transformation 97

Occam's Razor

DECEMBER 20, 2010

The last blog post shared custom analytics reports that you can use to find amazing insights faster, enabling you to create a focused, truly data driven organization. It helps us get data-gasms, improve ROI for our web efforts and get our bosses promoted. That helps us understand data & performance better. Come back here.

Analytics 118

Analytics Reporting Measurement Data-driven 118

Occam's Razor

JANUARY 24, 2011

Surely not using horrible metrics like Page Views, right? One great benefit: I get detailed reports from Amazon that tell me clicks and conversion rates! other things are all currently being justified via, often faith-based, financial ROI models. How does the Analyst compute the value added by the site? Not through data pukes.

Analytics 122

Analytics Finance B2B ROI 122

CIO Business Intelligence

APRIL 22, 2024

“But we took a step back and asked, ‘What if we put in the software we think is ideal, that integrates with other systems, and then automate from beginning to end, and have reporting in real-time and predictive analytics?’” That allows us to help the businesses we service be more successful, more profitable. “Our

IT 126

IT Data-driven Strategy Consulting 126

Occam's Razor

APRIL 25, 2011

Hire smart consultants. Making lame metrics the measures of success: Impressions, Click-throughs, Page Views. Use metrics that matter: Loyalty, Recency , Net Profit, Conversation Rate, Message Amplification , Brand Evangelist Index , Customer Lifetime Value and so on and so forth. The 10/90 rule. People matter. Give them Yahoo!

Marketing 126

Marketing Measurement Metrics Testing 126

Occam's Razor

SEPTEMBER 20, 2010

So if Direct traffic is so important and often the metrics show very positive results then why don't we all obsess about it a lot more? In both cases your two (or one) web analytics tool will most likely ignore the improper parameters and throw the traffic where it does not belong and mess up your ROI analysis. Direct: Visits: 0.

Analytics 122

Analytics Metrics Data-driven Reporting 122

CIO Business Intelligence

SEPTEMBER 25, 2023

To that end, CIO.com asked a half-dozen longtime IT leaders — current and former CIOs as well as consultants and executive advisers — to share the questions they think CIOs should ask themselves to determine whether they’re sailing to success or about to dash onto the rocks. But the signs are there, for those who take the time to look.

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145

IBM Big Data Hub

NOVEMBER 22, 2023

Customize reporting Real-time data reporting is one of the highlights of an ERP solution and why it’s a serious advantage over other business management systems. The customized reporting can help an organization make informed decisions, which is critical when the business environment is ever-changing.

Cost-Benefit 67

Cost-Benefit Consulting Software Enterprise 67

datapine

MAY 11, 2022

Due to the way the human brain processes information, presenting insights in charts or graphs to visualize significant amounts of complex data is more accessible than relying on spreadsheets or reports. Moreover, a business intelligence strategy with visualization capabilities boasts a ROI of $13.01 back on every dollar spent.

Visualization 252

Visualization Dashboards Key Performance Indicator Sales 252

IBM Big Data Hub

SEPTEMBER 11, 2023

Each recommendation was grounded in the user research conducted and validated to render significant return on investment (ROI) to the business mission of AZDCS. The pain point tracker clusters the foundational data in which value metrics are then applied. frequency (how many occurrences?), time (how much time is lost?)

Data-driven 91

Data-driven IT Measurement Cost-Benefit 91

CIO Business Intelligence

APRIL 18, 2022

A newly released report from Deloitte supports that, noting that a straightforward, compelling “north star” narrative is critical to success for 38% of executive respondents. Rich Nanda, US strategy and analytics offerings leader, Deloitte Consulting. Deloitte Consulting. “In They invest in their teams to spur innovation.

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

Occam's Razor

FEBRUARY 26, 2008

As soon as the first survey responses were reported to the Senior Management they were so embarrassed that they immediately appointed a Director level person to exclusively own the site, on the business side, and gave him a small staff to create a best in class support website (and of course reduce support phone calls). owned the site.

Management 68

Management Experimentation Testing Strategy 68

Occam's Razor

FEBRUARY 25, 2013

But we've never stopped to consider this question: What is the return on investment (ROI) of digital analytics? Let's calculate the ROI of digital analytics. Businesses, by and large, don’t understand the ROI of analytics… the Return on Analytics , if you will. the ROI of other things’, you say. 'The

Analytics 142

Analytics ROI Marketing Modeling 142

Occam's Razor

AUGUST 13, 2012

Bjoern Sjut3: My main issue at the moment: How will multi-channel funnels and ROI calculations work in a multi device world? That means: All of these metrics are off. What report would you want to see on conversion attribution that would help you decide where to spend?? That is the solution.

Modeling 124

Modeling Metrics Data Quality Data-driven 124

Jet Global

JANUARY 12, 2021

In fact, when you consider the tangible business benefits that powerful reporting can provide, an investment in BI tools delivers a very strong ROI. Stock Reporting Tools Just Aren’t Good Enough. Each of those systems comes with its own dedicated reporting functions.

Strategy 69

Strategy IT Cost-Benefit Finance 69

Occam's Razor

APRIL 21, 2014

Hour-by-hour report please. :)? , Grow traffic first, with even with bad measurement I can find positive ROI areas for growth or invest time getting Analytics in order first for more objective decision making? I believe these two posts with a collection of some of my favorite metrics will inspire you: 1. Joseph Boisseaux.

Marketing Analytics 131

Marketing Analytics Marketing Analytics Measurement 131

Occam's Razor

DECEMBER 9, 2013

They find the closest industry leader (L'Oreal, Booking, Zyrtec, Innocent Drinks, CSC Consulting). Bonus: Facebook Marketing: Best Metrics, ROI, Business Value ]. If you open your copy of Google/Adobe Analytics or CoreMetrics or Webtrekk you'll notice that every single report has a gigantic number of metrics in it.

Marketing 165

Marketing Analytics Key Performance Indicator Optimization 165

Occam's Razor

MARCH 23, 2010

Part of it fueled by some Consultants. Because every tool uses its own sweet metrics definitions, cookie rules, session start and end rules and so much more. When it comes to proving which campaigns are better and which numbers to report to the management what will you do? Part of it fueled by Vendors. What a competitive bunch!

Analytics 118

Analytics Consulting Metrics Experimentation 118

AWS Big Data

OCTOBER 26, 2023

Read on to understand why price-performance matters and how Amazon Redshift price-performance is a measure of how much it costs to get a particular level of workload performance, namely performance ROI (return on investment). To stay up to date with the latest developments in Amazon Redshift, follow the What’s New in Amazon Redshift feed.

Data Warehouse 92

Data Warehouse Cost-Benefit Dashboards Optimization 92

Occam's Razor

MARCH 10, 2015

No standard reports you can just go grab once you update your site code to analytics.js. Because you can do anything with the platform's features, how does one show specific reports/possibilities? When something is that open-ended and scalable, it is actually hard to understand. There is no Universal Analytics folder in GA.

Strategy 151

Strategy Analytics Measurement Business Analysis 151

Andrew White

JANUARY 9, 2022

For example I would argue that most organizations that report their carbon footrest are not doing it consistently and nor are they doing it correctly. This is the same for scope, outcomes/metrics, practices, organization/roles, and technology. Here is the 2021 report: What Are Must-Have Roles for Data and Analytics?

Analytics 64

Analytics Measurement Modeling Data-driven 64

Domino Data Lab

MARCH 3, 2019

We had big surprises at several turns and have subsequently published a series of reports. Let’s look through some of the insights gained from those reports. Seriously, this entire article merely skims the surface of those reports. What metrics are used to evaluate success? Meanwhile, the landscape is evolving rapidly.

Data Science 49

Data Science Deep Learning Machine Learning Modeling 49

Occam's Razor

JUNE 28, 2010

We have more web metrics and data than there are stars in the universe (slight exaggeration!). Our reports are ignored. After all there is so much data in those reports!! After all there is so much data in those reports!! To steal your energy away from being just in the report / data production business.

Metrics 111

Metrics Key Performance Indicator Data-driven Marketing 111