IBM Big Data Hub

SEPTEMBER 25, 2023

With a few taps on a mobile device, riders request a ride; then, Uber’s algorithms work to match them with the nearest available driver and calculate the optimal price. This allowed them to focus on SQL-based query optimization to the nth degree. But the simplicity ends there. Every transaction, every cent matters.

OLAP 89

OLAP Data Lake Data-driven Snapshot 89

Cloudera

APRIL 9, 2021

Reporting – data warehousing & dashboarding. To effectively leverage their predictive capabilities and maximize time-to-value these companies need an ML infrastructure that allows them to quickly move models from data pipelines, to experimentation and into the business. Here are the key stages: . Data Collection – streaming data.

Machine Learning 98

Machine Learning Forecasting Manufacturing Predictive Analytics 98

Occam's Razor

JULY 24, 2018

work (collection, processing, reporting, analysis), processes, org structure, governance models, last-mile gaps , metrics ladders of awesomeness , and… so… much… more. Remember, tools, work, processes, org structure, governance models, last-mile gaps, metrics ladders of awesomeness, and… so… much… more. The Implications of Complexity.

Analytics 93

Analytics Metrics Strategy Measurement 93

Octopai

OCTOBER 26, 2022

When DataOps principles are implemented within an organization, you see an increase in collaboration, experimentation, deployment speed and data quality. Continuous DataOps metrics testing checks data’s validity, completeness and integrity at input and output. Just-in-Time” manufacturing increases production while optimizing resources.

Data Quality 52

Data Quality Data Analytics Analytics Manufacturing 52

Occam's Razor

FEBRUARY 28, 2017

To ensure customer delight was delivered in a timely manner, it was also decided that Average Call Time (ACT) would now be The success metric. If towards the end of the week/month your ACT was going to look terrible on your Manager’s dashboard, calls were picked up and hung up right away. The success metric, ACT, did go down.

Key Performance Indicator 106

Key Performance Indicator Metrics Measurement Advertising 106

Occam's Razor

SEPTEMBER 30, 2013

Each of the six visuals re-frames a unique facet of the digital opportunity/challenge, and shares how to optimally take advantage of the opportunity/challenge. It is also immensely beneficial for search engine optimization (great content, delivered fresh, every day!). Then that is all they optimize for. And so on and so forth.

Marketing Analytics 154

Marketing Analytics Marketing Visualization Analytics 154

Occam's Razor

AUGUST 22, 2011

" ~ Web Metrics: "What is a KPI? " + Standard Metrics Revisited Series. The "Action Dashboard" (An Alternative To Crappy Dashboards). "Engagement" Is Not A Metric, It's An Excuse. Five Rules for High Impact Web Analytics Dashboards. How do I choose well? How to focus?"

KPI 124

KPI Metrics Measurement ROI 124

The Unofficial Google Data Science Blog

OCTOBER 12, 2017

With more features come more potential post hoc hypotheses about what is driving metrics of interest, and more opportunity for exploratory analysis. More people than ever are using statistical analysis packages and dashboards, explicitly or more often implicitly, to develop and test hypotheses. And for good reason!

Experimentation 61

Experimentation Testing Statistics Metrics 61

Domino Data Lab

JUNE 23, 2019

Skomoroch proposes that managing ML projects are challenging for organizations because shipping ML projects requires an experimental culture that fundamentally changes how many companies approach building and shipping software. Another pattern that I’ve seen in good PMs is that they’re very metric-driven.

Management 110

Management Machine Learning Experimentation Metrics 110

Occam's Razor

JANUARY 7, 2014

In service of report creation the job includes: Pulling data, writing queries, fulfilling ad-hoc requests, scheduling data outputs (reports, dashboards), liaising with script implementers / IT teams to collect more data, etc. So insist that no piece of data (report, dashboard, sexy table) will ever be presented without relevant segmentation.

Data-driven 140

Data-driven Consulting Reporting Marketing 140

Occam's Razor

NOVEMBER 2, 2015

Success Metrics. In my Oct 2011 post, Best Social Media Metrics , I'd created four metrics to quantify this value. I believe the best way to measure success is to measure the above four metrics (actual interaction/action/outcome). It can be a brand metric, say Likelihood to Recommend. It is not that hard.

B2B 167

B2B Metrics Testing Recreation/Entertainment 167

Occam's Razor

MARCH 23, 2010

My problem with these mistruths and FUD is that they result in a ton of practitioners and companies making profoundly sub optimal choices, which in turn results in not just much longer slogs but also spectacular career implosions and the entire web analytics industry suffering. This is sad. Even a little frustrating. Likely not.

Analytics 118

Analytics Consulting Metrics Experimentation 118

Occam's Razor

JULY 26, 2010

Look at your most important work / report / dashboard. PALM: People Against Lonely Metrics]. So why not your metrics? We do reports / dashboards like this one all the time: Ok great. This is the problem with lonely metrics. Why not find a BFF for your lonely metric and present something like this.

Metrics 96

Metrics Measurement Dashboards Reporting 96

Occam's Razor

DECEMBER 12, 2016

What one critical metric will help you clearly measure performance for each strategy above? How will you know if the performance was a success or failure, what's the target for each critical metric? You can easily see that now my dashboard is simpler. This is sub-optimal. Optimal Analytics Team Org Structure.

Analytics 141

Analytics Data-driven Strategy Consulting 141

Business Over Broadway

MAY 22, 2019

According to Gartner, companies need to adopt these practices: build culture of collaboration and experimentation; start with a 3-way partnership among executives leading digital initiative, line of business and IT. Using Customer Journey Orchestration and AI to Optimize Customer Experience: [link]. I stayed for the people.”

Machine Learning 40

Machine Learning Technology Digital Transformation Data Science 40

Occam's Razor

NOVEMBER 13, 2009

Chapter 2 The Optimal Strategy for Choosing Your Web Analytics Soul Mate. Chapter 3 The Awesome World of Clickstream Analysis: Metrics. The second half shows exactly how to pick the best metrics for your org and, my absolute favorite (Page 64), how to diagnose the root cause of a metrics performance. A good thing.

Analytics 71

Analytics Metrics Measurement Testing 71

Occam's Razor

MAY 18, 2010

Acquisition also includes search engine optimization (SEO), because it is an activity on which you spend time and money. But a typical set of metrics you'll evaluate will hopefully represent a spectrum of success, like for example. It is only after experimentation (a lot) that I end up with something sweet.

Analytics 123

Analytics Key Performance Indicator Metrics Measurement 123

Occam's Razor

JANUARY 9, 2012

" "My dashboard should have Page Views and Exit Rate!" If you are doing lame stuff, why try harder in an analytics context by asking for Economic Value or Visitor Loyalty or Conversation Rate or a thousand other super powerful and insightful metrics ? We are talking about taking controlled risks and optimization.

Marketing 140

Marketing B2B Measurement Risk 140

Occam's Razor

FEBRUARY 7, 2011

But each keyword gets "credit" for other metrics. I have personally had a lot of success using Controlled Experimentation techniques, such as, say, Media Mix Modeling, to understand both current available demand and also segment conversion effectiveness. Alex Cohen: How to optimize with sparse data! or non-U.S.),

Analytics 94

Analytics Measurement Metrics Predictive Analytics 94

Occam's Razor

JUNE 6, 2007

Bonus: Interactive CD: Contains six podcasts, one video, two web analytics metrics definitions documents and five insightful powerpoint presentations. Experimentation & Testing (A/B, Multivariate, you name it). What's the optimal organization structure (and who should own web analytics!)? Qualitative and quantitative.

Analytics 60

Analytics Metrics Marketing Dashboards 60