IBM Big Data Hub

APRIL 24, 2024

It replaces an earlier data protection law and implements many of the same rights, requirements, and penalties as its EU counterpart. The Personal Information Protection and Electronic Documents Act (PIPEDA) Canada’s PIPEDA governs how private-sector businesses collect and use consumer data.

Risk 79

Risk Measurement Data Governance Insurance 79

datapine

JANUARY 6, 2022

Yet, before any serious data interpretation inquiry can begin, it should be understood that visual presentations of data findings are irrelevant unless a sound decision is made regarding scales of measurement. For a more in-depth review of scales of measurement, read our article on data analysis questions.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

IBM Big Data Hub

FEBRUARY 23, 2024

The GDPR applies to any organization that processes the personal data of European residents, regardless of where that organization is based. Second, a comprehensive inventory makes it easier to comply with user requests to share, update, or delete their data. DPOs must report directly to the highest level of management.

Measurement 76

Measurement Risk Data Collection Data Processing 76

IBM Big Data Hub

FEBRUARY 9, 2023

Technology and data architecture play a crucial role in enabling data governance and achieving these objectives. Focus and prioritize what you’re delivering to the business, determine what you need, deliver and measure results, refine, expand, and deliver against the next priority objectives. Don’t try to do everything at once!

Data Governance 76

Data Governance Business Objectives Data Quality Strategy 76

Jet Global

AUGUST 23, 2021

Used primarily in a strategic context by corporate Finance Divisions and Boards of Directors, financial statements are key documents that must be prepared and produced with care. Here are the challenges faced: The accuracy of reports must always be checked. Manage data from diverse systems. Improve collaborative measures.

Finance 52

Finance Reporting Data Collection Data Quality 52

O'Reilly on Data

JULY 28, 2020

Many companies face a problem that’s even worse: no one knows which levers contribute to the metrics that impact business outcomes, or which metrics are important to the company (such as those reported to Wall Street by publicly-traded companies). When a measure becomes a target, it ceases to be a good measure ( Goodhart’s Law ).

Marketing 363

Marketing Experimentation Metrics Testing 363

CIO Business Intelligence

MARCH 24, 2023

It must be clear to all participants and auditors how and when data-related decisions and controls were introduced into the processes. Data-related decisions, processes, and controls subject to data governance must be auditable. Informatica Axon Informatica Axon is a collection hub and data marketplace for supporting programs.

Data Governance 142

Data Governance Management Metadata Data Quality 142

Smart Data Collective

MARCH 28, 2022

Descriptive data analytics: It is the foundation of reporting, addressing questions like “how many”, “where”, “when”, and “what”. They can also be subdivided into two categories, namely, canned reports and ad hoc reporting. Data analytics in education.

Data Analytics 84

Data Analytics Software Analytics Statistics 84

FineReport

MAY 18, 2024

Box and Whisker Plots Boxplots and whisker plots offer a visual summary of the distribution of numerical data by displaying key statistical measures such as median, quartiles, and outliers. Maintain Consistency : Establish standardized procedures for data collection, storage, and analysis to maintain consistency across visualizations.

Visualization 52

Visualization Interactive Cost-Benefit Dashboards 52

BA Learnings

AUGUST 7, 2021

According to a PMI report, 37% of projects fail because of unset or unclear goals. You can measure the number of click-throughs your products are getting by using web analytics tools like Bitly, for example, to determine if the website is generating the right buzz. You consider intelligent document processing software now.

Digital Transformation 130

Digital Transformation Key Performance Indicator Cost-Benefit KPI 130

Smart Data Collective

DECEMBER 20, 2019

The data that IoT devices collect can inform and enable action throughout the scope of a project and even beyond. Alternatively, IoT can measure and identify public roadways that need servicing. IoT devices and sensors deliver all the necessary data to make such a process possible.

IoT 58

IoT Internet of Things Measurement Reporting 58

The Unofficial Google Data Science Blog

OCTOBER 31, 2016

By PATRICK RILEY For a number of years, I led the data science team for Google Search logs. We were often asked to make sense of confusing results, measure new phenomena from logged behavior, validate analyses done by others, and interpret metrics of user behavior. Why has this document resonated with so many people over time?

Metrics 107

Metrics Measurement Statistics Data Collection 107

CIO Business Intelligence

MARCH 30, 2022

For organizations looking to move beyond stale reports, decision intelligence holds promise, giving them the ability to process large amounts of data with a sophisticated mix of tools such as artificial intelligence and machine learning to transform data dashboards and business analytics into more comprehensive decision support platforms.

Machine Learning 144

Machine Learning Testing Risk Data-driven 144

Alation

SEPTEMBER 9, 2021

Banks collect and manage a lot of sensitive data. And, the data collection doesn’t stop there — rich insights like transactions and purchasing information help to round out customer profiles. Identifying structured and unstructured data that needs to be protected. Tagging data types.

Data Governance 52

Data Governance Data Strategy Strategy Risk 52

datapine

AUGUST 12, 2020

Whether you manage a big or small company, business reports must be incorporated to establish goals, track operations, and strategy, to get an in-depth view of the overall company state. And business report templates are the best help for that. Your Chance: Want to test professional business reporting software?

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

erwin

DECEMBER 20, 2018

The driving factors behind data governance adoption vary. Whether implemented as preventative measures (risk management and regulation) or proactive endeavors (value creation and ROI), the benefits of a data governance initiative is becoming more apparent. The Top 6 Benefits of Data Governance.

Data Governance 40

Data Governance ROI Risk Management Metadata 40

FineReport

JUNE 26, 2023

One invaluable tool for gaining these insights is the performance report. In this article, we will explore what a performance report entails, emphasize the significance of such reports, delve into different types of performance reports, provide a performance report template, and outline the steps to create an effective performance report.

Reporting 52

Reporting Key Performance Indicator Sales Visualization 52

Occam's Razor

APRIL 8, 2013

We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. For each of them, write down the KPI you're measuring, and what that KPI should be for you to consider your efforts a success. Form a hypothesis.

Metrics 156

Metrics KPI Analytics Key Performance Indicator 156

Jet Global

MAY 15, 2020

A financial Key Performance Indicator (KPI) or metric is a quantifiable measure that a company uses to gauge its financial performance over time. Under modern day reporting standards, companies are formally obligated to present their financial data in the following statements: balance sheet, income statement, and cash flow statement.

Metrics 98

Metrics Finance Reporting KPI 98

O'Reilly on Data

OCTOBER 22, 2020

The safest course of action is also the slowest and most expensive: obtain your training data as part of a collection strategy that includes efforts to obtain the correct representative sample under an explicit license for use as training data. How I use it: I like to ask this as early as possible.

Consulting 303

Consulting Risk Cost-Benefit Modeling 303

IBM Big Data Hub

SEPTEMBER 11, 2023

How to quantify the impact : Quantify, articulate and measure the expected long-term benefit of a capability to justify the investment. This strategy is not based on a “gut feel” or anecdotal knowledge of a few individuals, but on a well-documented, expansive set of findings, business analysis and calculated projections.

Data-driven 86

Data-driven IT Measurement Cost-Benefit 86

IBM Big Data Hub

SEPTEMBER 7, 2023

IBM’s watsonx AI and data platform lets you go beyond being an AI user and become an AI value creator. After a score is assigned to each sentence in a document, analytics are run over the sentences and scores to explore the distribution, which determines the percentage of sentences for filtering.

Modeling 102

Modeling Risk Unstructured Data Enterprise 102

erwin

APRIL 21, 2020

By combining physical system catalogs, critical data elements, and key performance measures with clearly defined product and sales goals, you can manage the effectiveness of your business and ensure you understand what critical systems are for business continuity and measuring corporate performance.

Measurement 97

Measurement Sales Data Governance Metadata 97

erwin

APRIL 21, 2020

One example is the European Union (EU) Open Data Portal , which is used to document, catalog and govern EU data related to the pandemic. So one of the biggest lessons we’re learning from COVID-19 is the need for data collection, management and governance. Clearly Document Data Policies and Rules.

Measurement 96

Measurement Sales Data Governance Metadata 96

AWS Big Data

MARCH 28, 2024

Krones equips their lines with sensors for data collection, which can then be evaluated against rules. It provides support in the organization, prioritization, management, and documentation of all activities in the company. This means group 1 reports that everything is fine and group 2 does not.

Management 81

Management Broadcasting IoT Metrics 81

IBM Big Data Hub

AUGUST 11, 2023

Gathering data from machines, sensors, operators and other Industrial Internet of Things (IIoT) devices, they provide accurate and up-to-date insights into the status of production activities. They also support the measurement of overall equipment effectiveness (OEE) , a significant metric used to gauge manufacturing efficiency.

Software 68

Software Manufacturing Cost-Benefit ROI 68

Domino Data Lab

AUGUST 12, 2021

Taking a closer look at the data you will notice that some columns have questions marks ? For this dataset that is the way the data collection denotes missing data. Let’s look at some examples of the data in the dataset: masses.iloc[[20, 456, 512],:]. Severity is made out of integers. Pandas Profiler.

Machine Learning 126

Machine Learning Reporting Statistics Visualization 126

Alation

OCTOBER 12, 2022

Companies collect and analyze vast amounts of data to make informed business decisions. From product development to customer satisfaction, nearly every aspect of a business uses data and analytics to measure success and define strategies. Some examples of quantitative data include: Counts or units, stored as raw numbers.

Statistics 52

Statistics Sales Testing Marketing 52

Andrew White

JANUARY 9, 2022

First, how we measure emissions and carbon footprint is about data design and policy. 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. In other words, D&A plays a key role in the foundational measuring angle.

Analytics 64

Analytics Measurement Modeling Data-driven 64

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. Benchmarking (exactly how you can do it), impactful actionable executive dashboards (what they should contain), creating a data driven organization. Bonus: Interactive CD.

Analytics 60

Analytics Metrics Marketing Dashboards 60

Alation

JANUARY 17, 2023

Data would be pulled from various sources, organized into, say, a table, and loaded into a data warehouse for mass consumption. This was not only time-consuming, but the growing popularity of cloud data warehouses compelled people to rethink this process. Examples of data transformation tools include dbt and dataform.

Data Warehouse 52

Data Warehouse Cost-Benefit Data Transformation Data Science 52

datapine

AUGUST 29, 2022

Most people are aware that companies collect our GPS locale, text messages, credit card purchases, social media posts, Google search history, etc., and this book will give you an insight into their data collecting procedures and the reasons behind them. The author also introduces the concept of “analytics 3.0”

Big Data 263

Big Data Data Analytics Analytics Data mining 263

datapine

FEBRUARY 22, 2022

This includes defining the main stakeholders, assessing the situation, defining the goals, and finding the KPIs that will measure your efforts to achieve these goals. A planned BI strategy will point your business in the right direction to meet its goals by making strategic decisions based on real-time data.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

Sisense

JULY 23, 2021

We’ve had a growing realization that we need to measure the Games more precisely so that we can manage it more effectively going forward,” Chris says. Our Olympic Games Executive Director Christophe Dubi has a very strong belief in the notion that we can’t properly manage an Olympic event unless we can measure it.”.

Unstructured Data 105

Unstructured Data Internet of Things Data-driven Data Processing 105

Alation

DECEMBER 15, 2021

Modern business is built on a foundation of trusted data. Yet high-volume collection makes keeping that foundation sound a challenge, as the amount of data collected by businesses is greater than ever before. An effective data governance strategy is critical for unlocking the full benefits of this information.

Data Governance 52

Data Governance Strategy Metadata Data Strategy 52

datapine

APRIL 16, 2019

By implementing the right reporting tools and understanding how to analyze as well as to measure your data accurately, you will be able to make the kind of data driven decisions that will drive your business forward. Exclusive Bonus Content: How to be data driven in decision making? 3) Gather data now.

Data-driven 287

Data-driven Dashboards Visualization Cost-Benefit 287

Occam's Razor

FEBRUARY 9, 2015

How is competitive intelligence data collected? Competitive intelligence data will never match your site's analytics tool. CI data collection. How does any tool have access to your website or mobile app data? But in the lovely environment of the web there are a number of ways to collect your data.

Metrics 155

Metrics Reporting IT Advertising 155