Occam's Razor

JUNE 25, 2012

The way data is collected online and what happens to it is a much-scrutinized issue (and rightly so). Digital data collection is also exceedingly complex, perhaps a reflection of the organic nature, and subsequent explosion, of the internet. Web Data Collection Context: Cookies and Tools.

Data Collection 130

Data Collection Advertising Metrics Reporting 130

datapine

JANUARY 6, 2022

Capable of displaying key performance indicators (KPIs) for both quantitative and qualitative data analyses, they are ideal for making the fast-paced and data-driven market decisions that push today’s industry leaders to sustainable success. Exclusive Bonus Content: Download Our Free Data Analysis Guide.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

IBM Big Data Hub

APRIL 24, 2024

An online retailer always gets users’ explicit consent before sharing customer data with its partners. A navigation app anonymizes activity data before analyzing it for travel trends. A school asks parents to verify their identities before giving out student information.

Risk 83

Risk Measurement Data Governance Insurance 83

CIO Business Intelligence

OCTOBER 24, 2023

Data breaches and invasive data collection AI systems can be exploited to gain unauthorized access to private data. For instance, adversarial attacks can be used to trick AI systems into revealing sensitive information. Without proper safeguards, this could lead to privacy infringements.

Risk 125

Risk Recreation/Entertainment Data Collection Data Processing 125

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. Hiding important information behind dense jargon can violate the GDPR.

Measurement 83

Measurement Risk Data Collection Data Processing 83

Smart Data Collective

JUNE 21, 2023

Understanding HR Metrics HR metrics, also known as HR analytics or HR key performance indicators (KPIs), are quantitative measurements used to assess various aspects of an organization’s human resources function. Additionally, we will discuss how to effectively implement HR metrics to maximize their impact.

Data-driven 83

Data-driven Analytics Metrics Big Data 83

Smart Data Collective

NOVEMBER 1, 2023

Time tracking enables you to make informed decisions dependent on accurate data. Study employee performance metrics Performance metrics are a measure of how well team members are doing at their work. Studying historical data can help your company measure an employee onboarding process’s effectiveness.

Metrics 89

Metrics Measurement Data-driven Optimization 89

Smart Data Collective

MARCH 29, 2021

Asset data collection. Data has become a crucial organizational asset. Companies need to make the most out of their data resources, which includes collecting and processing them correctly. Data collection and processing methods are predicted to optimize the allocation of various resources for MRO functions.

Big Data 137

Big Data Management Cost-Benefit Internet of Things 137

Smart Data Collective

OCTOBER 16, 2023

Nowadays, information consumption is skyrocketing. This information, dubbed Big Data, has grown too large and complex for typical data processing methods. Companies want to use Big Data to improve customer service, increase profit, cut expenses, and upgrade existing processes. Where does big data come from?

Big Data 103

Big Data IoT Cost-Benefit Advertising 103

datapine

JULY 6, 2022

2) How To Measure Productivity? For years, businesses have experimented and narrowed down the most effective measurements for productivity. Use our 14-day free trial and start measuring your productivity today! In shorter words, productivity is the effectiveness of output; metrics are methods of measurement.

Measurement 243

Measurement Metrics KPI Sales 243

datapine

MAY 2, 2023

According to studies, 92% of data leaders say their businesses saw measurable value from their data and analytics investments. To work effectively, big data requires a large amount of high-quality information sources. Like many modern sectors, logistics processes involve large amounts of data collection.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

Smart Data Collective

MAY 29, 2023

Overcoming representation bias necessitates comprehensive data collection efforts that cover a wide range of languages and dialects, ensuring equal representation and inclusivity. Measuring Bias in Output Results Comprehensive and nuanced approaches are necessary to measure bias in AI translation output results.

Metrics 68

Metrics Measurement Data Collection Strategy 68

DataKitchen

MARCH 16, 2023

How to measure your data analytics team? So it’s Monday, and you lead a data analytics team of perhaps 30 people. Like most leaders of data analytic teams, you have been doing very little to quantify your team’s success. The Active Data Ratio metric determines the percentage of datasets that deliver value.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

IBM Big Data Hub

JANUARY 22, 2024

The GDPR defines personal data as any information relating to an identifiable human being. Everything from email addresses to political opinions counts as personal data. A data subject is the human being who owns the data. The organization must communicate this basis to users at the point of data collection.

Measurement 89

Measurement Risk Data Processing Data Collection 89

O'Reilly on Data

JULY 28, 2020

These measures are commonly referred to as guardrail metrics , and they ensure that the product analytics aren’t giving decision-makers the wrong signal about what’s actually important to the business. When a measure becomes a target, it ceases to be a good measure ( Goodhart’s Law ). Any metric can and will be abused.

Marketing 362

Marketing Experimentation Metrics Testing 362

Smart Data Collective

DECEMBER 17, 2021

The process of Marketing Analytics consists of data collection, data analysis, and action plan development. Understanding your marketing data to make more informed and successful marketing strategy decisions is a systematic process. Types of Data Used in Marketing Analytics. Preparing the Data for Analysis.

Marketing Analytics 96

Marketing Analytics Marketing Data-driven Analytics 96

Smart Data Collective

OCTOBER 31, 2022

It includes rules and regulations to ensure businesses keep consumer data private and enables consumers to reserve the right to opt out of data collection and sharing practices. Executive Order 14028 – The government continues cultivating strategies to protect data, including Biden’s Executive Order 14028.

Internet of Things 116

Internet of Things IoT Risk Measurement 116

Smart Data Collective

SEPTEMBER 28, 2022

Today, data has become more critical than it has ever been in the past. We have talked about the importance of investing in good data collection methodologies. There are a growing number of risks with big data. Some of them stem from security issues if data is compromised. Use the Right Equipment.

Big Data 127

Big Data Software Risk Measurement 127

Cloudera

APRIL 20, 2022

For example, people at high risk for hospitalization upon infection, each received an oxy pulse meter and were asked to either call into a hotline if their measurements were outside of a range, or upload each measurement to a portal. As a patient, it was a positive experience. Sprinting towards digital healthcare.

Insurance 94

Insurance Measurement Data Lake Risk 94

Smart Data Collective

AUGUST 29, 2020

Remote monitoring includes a wide range of functions, from offsite data collection to key tracking tools and even video-based monitoring, and though some of these tools are invasive, others can help boost productivity. The second key problem with surveillance-based productivity data is that it doesn’t measure the right things.

Measurement 128

Measurement Data-driven Metrics Data Collection 128

Smart Data Collective

OCTOBER 8, 2023

The Power of Data Analytics: An Overview Data analytics, in its simplest form, is the process of inspecting, cleansing, transforming, and modeling data to unearth useful information, draw conclusions, and support decision-making. In the realm of legal affairs, data analytics can serve as a strategic ally.

Data Analytics 96

Data Analytics Analytics Statistics Data Collection 96

Smart Data Collective

DECEMBER 9, 2021

Most businesses track a lot of this information already. Businesses already have a wealth of data but understanding your business will help you identify a data need – what kind of data your business needs to collect and if it collects too much or too little of certain data. Set clear goals.

Big Data 128

Big Data Data-driven Key Performance Indicator Testing 128

Smart Data Collective

NOVEMBER 16, 2021

Text mining and text analysis are relatively recent additions to the data science world, but they already have an incredible impact on the corporate world. As businesses collect increasing amounts of often unstructured data, these techniques enable them to efficiently turn the information they store into relevant, actionable resources.

Analytics 120

Analytics Unstructured Data Data Collection Software 120

Smart Data Collective

FEBRUARY 24, 2022

It’s no secret that the key to having a successful onboarding process is data. All information you collect from people who admire your products and services represents the core of marketing & sales. Hence, data analytics is the main basis for product management decisions. Where do they live?

Data Analytics 111

Data Analytics Analytics Visualization Optimization 111

Cloudera

APRIL 19, 2023

Data has become an essential driver for new monetization initiatives in the financial services industry. In order to monetize their data while still respecting the privacy of their customers, these firms must implement robust data protection measures and adhere to relevant regulations.

Data-driven 69

Data-driven Data Architecture Measurement Risk 69

CIO Business Intelligence

JULY 5, 2022

Business analytics can help you improve operational efficiency, better understand your customers, project future outcomes, glean insights to aid in decision-making, measure performance, drive growth, discover hidden trends, generate leads, and scale your business in the right direction, according to digital skills training company Simplilearn.

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

CIO Business Intelligence

JUNE 5, 2023

These measures will drive decarbonization across the value chain and give CIOs the opportunity to leverage their expertise and build resiliency throughout their organizations. This technology has attracted top clients for Climeworks, who are exploring its potential uses to deliver carbon removals at scale, with potential global impact.

Software 105

Software Measurement Visualization Business Objectives 105

Smart Data Collective

MAY 4, 2023

However, the process of data gathering can be complex and challenging, especially when dealing with large volumes of information. Understanding the Importance of Data Gathering for Businesses In the digital age, businesses rely heavily on data to make informed decisions and improve their operations.

Data mining 79

Data mining Big Data Data-driven Measurement 79

CIO Business Intelligence

MAY 16, 2023

Big Data collection at scale is increasing across industries, presenting opportunities for companies to develop AI models and leverage insights from that data. Regulation: Lawmakers worldwide are considering privacy legislation and other rules that could limit the scope of data collection and AI use cases.

Advertising 105

Advertising Recreation/Entertainment Experimentation Enterprise 105

CIO Business Intelligence

JANUARY 17, 2024

The best weapon to make decisions in a dynamic world is accurate and relevant information so organizations can carry out strategic plans in the most reliable way. The first was becoming one of the first research companies to move its panels and surveys online, reducing costs and increasing the speed and scope of data collection.

Digital Transformation 119

Digital Transformation Dashboards Reporting Data Science 119

Smart Data Collective

OCTOBER 17, 2022

IoT plays a significant role in information technology, yet the pace of deployments has outpaced the awareness of compliance issues. It allows us to get real-time information and stay in touch with friends and family. It is the organization’s responsibility to implement security measures for the IoT technologies they use.

IoT 121

IoT Risk Internet of Things Software 121

CIO Business Intelligence

JULY 10, 2023

Every time a consumer interacts or purchases from a brand online, they are essentially trusting them with their personal information. Whether it’s dates of birth, credit card details, or shoe sizes, the brand has a duty to keep this data safe and secure. Either they collect this data implicitly or explicitly.

Interactive 98

Interactive Measurement Data Collection Risk 98

AWS Big Data

MAY 16, 2023

Different communication infrastructure types such as mesh network and cellular can be used to send load information on a pre-defined schedule or event data in real time to the backend servers residing in the utility UDN (Utility Data Network).

Dashboards 76

Dashboards Statistics Data Collection Business Intelligence 76

Smart Data Collective

NOVEMBER 5, 2020

Here at Smart Data Collective, we have talked about major changes that machine learning has created in the financial industry. Smart cards store all the necessary information into the card itself as compared to magnetic chip cards. You can enjoy many advantages of that stored information just with a swipe!

Machine Learning 122

Machine Learning Finance Measurement Big Data 122

CIO Business Intelligence

JULY 20, 2023

I’ll never forget the look on my first mortgage clients’ faces as they signed for their new home – the joy and relief washing over them in equal measure. Workflow automation and data analytics are streamlining document management, cross-checking data, assessing for risk, ensuring regulatory compliance, and so on.

Technology 98

Technology Finance Advertising Digital Transformation 98

Smart Data Collective

AUGUST 25, 2022

The IoT empowers organizations with real-time information that was once too expensive or difficult to collect. That information would help you decide which foods to buy while they are still fresh instead of waiting until they have spoiled. For businesses, these considerations include data privacy, security, and liability.

IoT 127

IoT Internet of Things IT Manufacturing 127

Jet Global

JANUARY 8, 2021

An Operations Key Performance Indicator (KPI) or metric is a discrete measurement that a company uses to monitor and evaluate the efficiency of its day-to-day operations. Leading companies make use of KPIs and KPI dashboards to measure their efficiency in real time. This is vital information for the HR and operations department.

Metrics 131

Metrics Manufacturing Reporting KPI 131