IBM Big Data Hub

NOVEMBER 11, 2019

Forrester, a leading IT analyst firm, has constructed a Total Economic Impact (TEI) framework with a focus on how IBM Planning Analytics compares to the competition across a variety of metrics—from ROI, to time, to value—and much more.

ROI 67

ROI Consulting Metrics Analytics 67

Paul Blogs on BI

MAY 3, 2023

One of the leading wood pellet consulting companies, Future Metrics, was a platinum sponsor at the conference and has built a slew of Value Calculators and Dashboards using Squirrel365 showing the ROI and carbon emissions reduction benefits of using wood pellets – you can see them on their web site at [link] The reason why Future Metrics and hundreds (..)

Metrics 52

Metrics ROI Measurement Visualization 52

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

NOVEMBER 20, 2023

That means the organization needs to identify the metrics it wants to track and create employee assessments to ensure it is tracking employee growth accurately. Ultimately, prioritizing talent management strategy is an organizational decision that, done right, will deliver ROI on any program costs.

Strategy 108

Strategy Management Cost-Benefit Consulting 108

IBM Big Data Hub

MARCH 29, 2024

Track customer retention metrics Customer retention initiatives all produce valuable insights that companies can use to recalibrate their approaches and establish key performance indicators (KPIs). Doing so can produce important metrics like customer retention rate (CRR) and customer churn rate (CCR).

Strategy 65

Strategy Cost-Benefit Key Performance Indicator Marketing 65

Paul Blogs on BI

JULY 16, 2021

The Limitless BI Dashboard award went to Future Metrics this year for their Negative CO2 Emissions dashboard. Future Metrics specializes in consulting around the use of wood pellets as an alternative and more sustainable fuel source to traditional carbon fossil-based fuels. The 2021 Limitless BI Dashboard Award.

Dashboards 59

Dashboards Cost-Benefit Metrics ROI 59

datapine

MAY 21, 2019

1) Too expensive and hard to justify the ROI of BI. Also, limited resources make looking for qualified professionals such as data science experts, IT infrastructure professionals and consulting analysts impractical and worrisome. They also need these tools to generate a true ROI. 2) Lack of company-wide adoption.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards Slice and Dice 183

CIO Business Intelligence

APRIL 13, 2023

A new definition of value Aligning security with the business goes beyond traditional methods of justifying security spend, such as warning of consequences from hacks or trying to prove ROI. Christensen further suggests explaining how security can cut costs or increase productivity. “We

IT 108

IT Cost-Benefit Risk Consulting 108

CIO Business Intelligence

APRIL 11, 2022

Gone are the days of the CIO being a back-office IT cost manager,” declares Chris Scheefer, vice president of intelligent industry at technology services and consulting firm Capgemini Americas. Relationships are built on listening, says Rebecca Fox, group CIO at security consulting firm NCC Group. Are you up to the task?

Cost-Benefit 116

Cost-Benefit Digital Transformation Strategy Consulting 116

Smarten

JUNE 24, 2022

The McKinsey consulting firm reports that organizations with fast and efficient decision-making processes are twice as likely to report financial returns of at least 20% as a result of recent decisions. Provide forecasts to estimate the financial impact of proposed initiatives and projects and ensure positive return on investment (ROI).

Analytics 52

Analytics Key Performance Indicator Finance Sales 52

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. You can compute two important metrics: Likelihood to Recommend / Brand Lift. There are a number of wonderful metrics you can use to measure online success of such marketing campaigns.

Measurement 128

Measurement Metrics Analytics Marketing 128

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 104

IT Cost-Benefit ROI Risk 104

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. In this case, there is a clear KPI or metric for success, and you know what your project is setting out to do for you, which is a much more efficient way to approach digital transformation.

Digital Transformation 130

Digital Transformation Key Performance Indicator Cost-Benefit KPI 130

CIO Business Intelligence

AUGUST 9, 2023

S&P Global Market Intelligence has found that digitally driven organizations outperform digitally delayed ones across a host of key metrics, including customer satisfaction, average time to respond to customer inquiries, customer lifetime value, customer acquisition, and marketing ROI. Now it’s this move to generative AI.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

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. Customer Lifetime Value ROI, Buzz Monitoring, Click Fraud.

KPI 124

KPI Metrics Measurement ROI 124

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

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. Executives consult data when setting company goals and utilise it to track and measure outcomes, disseminating it promptly to all appropriate parties.

Measurement 52

Measurement Modeling Data Quality Data Governance 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

Jet Global

FEBRUARY 18, 2020

Previously, executives often relied on “squishy metrics” to prove they were generating revenue, reducing costs, optimizing CapEx or OpEx, or retaining customers. I remember seeing teams of hundreds of consultants working on $400 million implementation projects. What can companies do to maximize the effectiveness of new technology?

Data-driven 64

Data-driven Machine Learning Cost-Benefit ROI 64

datapine

JANUARY 18, 2023

This insightful report displays relevant metrics such as the top-performing agents, net promoter score, and first contact resolution rate, among others. It serves up a balanced blend of metrics that will empower you to boost engagement as well as retention rates.

Reporting 201

Reporting Metrics Dashboards Visualization 201

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

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

CIO Business Intelligence

APRIL 22, 2024

Moreover, Scavuzzo saw an additional business benefit to such an approach, thanks to scale: Using anonymized data, Marcum could analyze and compare client performance and thereby provide better consulting advice to them. That allows us to help the businesses we service be more successful, more profitable.

IT 123

IT Data-driven Strategy Consulting 123

IBM Big Data Hub

MARCH 26, 2024

Our clients are improving their ability to measure and track progress against ESG metrics, while concurrently operationalizing sustainability transformation. Data not only provides the quantitative requirements for ESG metrics, but it also provides the visibility to manage the performance of those metrics.

Measurement 67

Measurement Metrics Strategy Reporting 67

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

Occam's Razor

JANUARY 24, 2011

Surely not using horrible metrics like Page Views, right? That funding was allocated based on some smart Finance person cooking up some numbers that looked liked this: "When we send 2 million brochures of a car, typically we can get 20,000 people into the showroom, which yields 19,000 Acadias sold, so each brochure gets us a ROI of $45."

Analytics 122

Analytics Finance B2B ROI 122

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 Cost-Benefit Marketing 75

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

Neste worked with IBM Consulting™ for SAP to roll out the SAP S/4HANA solution on the Microsoft Azure cloud across most of its operations, including its renewables supply chains. Manual data entry is not necessary, making tasks such as inventory management much easier and making metrics tracking much simpler.

Cost-Benefit 67

Cost-Benefit Consulting Software Enterprise 67

Occam's Razor

DECEMBER 20, 2010

It helps us get data-gasms, improve ROI for our web efforts and get our bosses promoted. It shows the distribution of the pages people see on your site (not the "silly" metric, average page views per session). It is trivial to measure the base metrics for your website for your Social Media segment. Come back here.

Analytics 118

Analytics Reporting Measurement Data-driven 118

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.

Analytics 122

Analytics Metrics Data-driven Reporting 122

CIO Business Intelligence

APRIL 18, 2022

While it’s critical for tech leaders to communicate throughout a digital project, it’s also important to communicate appropriately, says Rich Nanda, US strategy and analytics offerings leader, at Deloitte Consulting. Rich Nanda, US strategy and analytics offerings leader, Deloitte Consulting. Deloitte Consulting. “In

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

IBM Big Data Hub

JULY 6, 2023

Leaders point to factors such as struggling to manage manual data , unclear ROI and economic benefits, lack of insights from data, and regulatory barriers as the top three biggest challenges in achieving sustainability objectives. CEOs cite environmental sustainability as their top challenge over the next three years.

Cost-Benefit 57

Cost-Benefit Business Driver Consulting ROI 57

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

FEBRUARY 26, 2008

Be it for in vogue metrics like Conversion Rates or for metrics that should be in vogue like Abandonment Rates. Competitive Intelligence Analysis: Metrics, Tips & Best Practices. Conversion went up, CPC and CPA's went down, ROI went up, Bounce Rate went down and what not. Yes I can poke fun at myself.

Management 68

Management Experimentation Testing Strategy 68

datapine

MAY 11, 2022

Moreover, a business intelligence strategy with visualization capabilities boasts a ROI of $13.01 While pie charts have received a bad rep in recent years, we feel that they form a useful visualization tool that serves up important metrics in an easy-to-follow format. back on every dollar spent. c) Pie charts. d) Gauge charts.

Visualization 252

Visualization Dashboards Key Performance Indicator Sales 252

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. A lot of people buy tools and consulting and go love crazy with attribution modeling. That is the solution. We have many course pages.

Modeling 124

Modeling Metrics Data Quality Data-driven 124