Occam's Razor

JULY 15, 2014

I'm excited about the power of a well created dashboard. Dashboards are every where, we will look at a lot of them in this post and they are all digital. Here's a great dashboard, for the Museum of Art… take a minute to ponder it… Isn't it pretty awesome? And data pukes are not dashboards.

Dashboards 159

Dashboards Key Performance Indicator Snapshot Slice and Dice 159

datapine

OCTOBER 21, 2020

Now that we live longer, treatment models have changed and many of these changes are namely driven by data. By utilizing key performance indicators in healthcare and healthcare data analytics, prevention is better than cure, and managing to draw a comprehensive picture of a patient will let insurance provide a tailored package.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

FineReport

APRIL 9, 2024

Through the utilization of predictive models, clinicians can forecast patient outcomes and resource needs, enabling early intervention and personalized care delivery. Healthcare data visualization tools play a vital role in presenting performance metrics and outcome indicators in a visually accessible format.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

Occam's Razor

APRIL 25, 2011

The issues of course include people and jaded mental models and bureaucracy and a lack of time and the missing desire to be great and org structures, and bosses. Doing anything on the web without a Web Analytics Measurement Model. Making lame metrics the measures of success: Impressions, Click-throughs, Page Views. " 22.

Marketing 126

Marketing Measurement Metrics Testing 126

CIO Business Intelligence

MAY 28, 2022

Liberty Mutual’s cloud infrastructure runs an array of business applications and analytics dashboards that yield real-time insights and predictions, as well as machine learning models that streamline claims processing. Here, McGlennon says governing controls, instrumentation, and observability metrics are key.

Insurance 145

Insurance Machine Learning Digital Transformation Cost-Benefit 145

IBM Big Data Hub

FEBRUARY 8, 2024

For industries providing essential services to clients such as insurance, banking and retail, the law requires the use of a fundamental rights impact assessment that details how the use of AI will affect the rights of customers. Higher risk tiers have more transparency requirements including model evaluation, documentation and reporting.

Risk Management 72

Risk Management Risk Metrics Machine Learning 72

DataRobot Blog

JULY 21, 2022

Data scientists need to understand the business problem and the project scope to assess feasibility, set expectations, define metrics, and design project blueprints. Outline clear metrics to measure success. Machine learning models created in silos are rarely implemented. Not every project needs machine learning.

Machine Learning 98

Machine Learning Metrics Modeling Testing 98

CIO Business Intelligence

MAY 27, 2022

Liberty Mutual’s cloud infrastructure runs an array of business applications and analytics dashboards that yield real-time insights and predictions, as well as machine learning models that streamline claims processing. Here, McGlennon says governing controls, instrumentation, and observability metrics are key.

Insurance 98

Insurance Machine Learning Digital Transformation Cost-Benefit 98

Occam's Razor

JANUARY 4, 2016

They make silly user experience decisions (Searching for car insurance options? The specific metric I've been mad about since day one of this blog ( May 14th, 2006! ) Built into that is the mental model that if you visit a website, then every Visit has to result in money for the site owner. Sucks to be you Visitor!).

Metrics 88

Metrics Analytics Cost-Benefit Key Performance Indicator 88

O'Reilly on Data

OCTOBER 11, 2022

Data integration problems aren’t pretty; they’re boring, uninteresting, the “killing field of any modeling project,” as Lorien Pratt has said. The models exist, and are potentially very useful; but on the ground, firefighters and others who respond to emergencies still use paper maps. This leads to a “knowledge decision gap.”

Data Integration 300

Data Integration Insurance Dashboards Modeling 300

Occam's Razor

APRIL 30, 2018

I cannot stress enough that these results can be positive (for the ad business and, in this case, the sales of insurance products). Blasting ads on TV does cause a teeny tiny micro percentage to buy insurance – a fact provable via Matched Market Tests, Media Mix Models. For entirely understandable reasons.

Advertising 117

Advertising Metrics Measurement Insurance 117

CIO Business Intelligence

AUGUST 15, 2023

Shamim Mohammad, CIO, CarMax CarMax That volume created a Sisyphean task for the company’s content writers, as they struggled to provide up-to-date information by make, model, and year for each vehicle in the company’s constantly changing inventory. And it yields multiple business metric improvements, such as limiting surplus inventory.

IT 98

IT Manufacturing IoT Cost-Benefit 98

Domino Data Lab

JUNE 2, 2019

We had data science leaders presenting about lessons learned while leading data science teams, covering key aspects including scalability, being model-driven, being model-informed, and how to shape the company culture effectively. Data science leadership: importance of being model-driven and model-informed.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110

Peter James Thomas

AUGUST 12, 2018

Pertinence and fidelity of metrics developed from Data. Metrics are seldom reliant on just one data element, but are often rather combinations. There are often compromises to be made in defining metrics. Again see Using BI to drive improvements in data quality for further details. Some of these are based on the data available.

Metrics 49

Metrics Statistics Data Quality Measurement 49

Alation

OCTOBER 28, 2021

Leaders in healthcare seek to improve patient outcomes, meet changing business models (including value-based care ), and ensure compliance while creating better experiences. Value-based care is a new concept, growing in popularity and transforming the business model. Healthcare is changing, and it all comes down to data.

Data Governance 52

Data Governance Measurement Metrics Data Quality 52

AWS Big Data

FEBRUARY 21, 2023

Data warehouses are mostly built using the dimensional model approach, which has consistently met business needs. Loading complex multi-point datasets into a dimensional model, identifying issues, and validating data integrity of the aggregated and merged data points are the biggest challenges that clinical quality management systems face.

Data Warehouse 65

Data Warehouse Data Lake Cost-Benefit Metadata 65

Occam's Razor

JULY 26, 2010

For example let's say I work at a delightful car / health / spaceship insurance company. 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. Or an actual outcome metric.

Metrics 96

Metrics Measurement Dashboards Reporting 96

Occam's Razor

DECEMBER 12, 2016

I was speaking with a massive national insurance company recently. Digital Marketing & Measurement Model. My solution to this, incredibly real and frustrating problem, is to insist on seeing the signed in blood version of the company's Digital Marketing & Measurement Model. That's it. Problematic, right?

Analytics 141

Analytics Data-driven Strategy Consulting 141

Sisense

DECEMBER 11, 2019

He outlined how critical measurable results are to help VCs make major investment decisions — metrics such as revenue, net vs gross earnings, sales , costs and projections, and more. And he demonstrated how the Periscope Data platform overcomes the challenges of huge data volumes that can’t be easily modeled by traditional BI.

Data Lake 80

Data Lake Big Data Sales Data-driven 80

Alation

AUGUST 26, 2021

A stewardship dashboard, to track assets most ripe for curation and curation progress. An example of a stewardship dashboard for governance progress tracking. Stewardship dashboards. These future-oriented models are used to make predictions. AI and ML are used in concert to predict possible events and model outcomes.

Metadata 64

Metadata Data Governance Dashboards Software 64

Jet Global

JUNE 24, 2021

Non-profit metrics quantify the organization’s many endeavours in extending its impact on society. How to choose the right non-profit metrics? There are hundreds of metrics to choose from, and if they are not vetted properly, the organization could end up with too few or too many KPIs. What are non-profit KPIs?

Metrics 98

Metrics Reporting KPI Measurement 98

Jet Global

NOVEMBER 2, 2021

KPIs are a select few metrics that provide insight on the operation of all entities contributing to the supply chain. Metrics help supply chain management track its progress in achieving its goals and respond quickly if needed. How to Build Useful KPI Dashboards. Measurable: Is your metric quantifiable? Download Now.

Metrics 52

Metrics Reporting KPI Key Performance Indicator 52

Andrew White

JANUARY 11, 2021

As such banking, finance, insurance and media are good examples of information-based industries compared to manufacturing, retail, and so on. Where does the Data Architect role fits in the Operational Model ? Assuming a data architect helps model and guide and assist D&A then they play a key role. Try some gamification?

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52