BA Learnings

AUGUST 7, 2021

In addition to that, the risk assessment will not be carried out properly, and you won’t know what pitfalls lie ahead until you’re already knee-deep in the problem. However, after putting in place infrastructure for this database, you realize you need to improve your data collection methods.

Digital Transformation 130

Digital Transformation Key Performance Indicator Cost-Benefit KPI 130

Smart Data Collective

SEPTEMBER 4, 2020

Google has shown how to use big data effectively for decision-making , but many other companies don’t understand the principles to follow. Far too many businesses fail to develop a sensible data strategy, so their ROI from their data collection methodologies is often subpar. Guide to Creating a Big Data Strategy.

Data-driven 88

Data-driven Big Data Metrics Strategy 88

BizAcuity

FEBRUARY 22, 2019

Financial Analytics solutions are benefiting organizations across sectors through a combination of cost savings, organizational alignment and the enablement of high value business risk analysis that was not previously attainable by the finance functions of an organization. Financial Analytics in Event Management Industry – A summary.

Analytics 75

Analytics Cost-Benefit Finance Sales 75

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 evolution from Data Governance 1.0

Data Governance 40

Data Governance ROI Risk Management Metadata 40

Domino Data Lab

MAY 8, 2019

The lens of reductionism and an overemphasis on engineering becomes an Achilles heel for data science work. Instead, consider a “full stack” tracing from the point of data collection all the way out through inference. . – back to the structure of the dataset. Let’s look through some antidotes.

Machine Learning 105

Machine Learning Data Science Modeling Visualization 105

Sisense

SEPTEMBER 3, 2020

Besides strong technical skills (for instance, use of Hadoop, programming in R and Python , math, statistics), data scientists should also be able to tackle open-ended questions and undirected research in ways that bring measurable business benefits to their organization. See an example: Explore Dashboard.

Statistics 97

Statistics Metrics Visualization Finance 97

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

FineReport

MAY 31, 2023

Return on assets measures the net profit generated per unit of asset, while return on equity (ROE) signifies the return on shareholders’ equity, indicating the efficiency of the company’s own capital. Data Security : Financial data is highly sensitive and requires robust security measures.

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

Jet Global

MAY 1, 2023

Manage compliance through up-to-the-minute performance measures, workflow automation, and essential regulatory reports. Return on Investment Now we bring it all together to calculate the ROI on embedded analytics. The formula looks like this: ($750k / $250k) = 3, so the ROI is 200 percent. cost reduction).

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

IBM Big Data Hub

MARCH 26, 2024

While ESG seeks to provide standard methods and approaches to measuring across environmental, social and governance KPIs, and holds organizations accountable for that performance, sustainability is far broader. How is sustainability managed—as an annual measuring exercise or an ongoing effort that supports business transformation?

Measurement 66

Measurement Metrics Strategy Reporting 66

Domino Data Lab

FEBRUARY 4, 2019

Eric’s article describes an approach to process for data science teams in a stark contrast to the risk management practices of Agile process, such as timeboxing. As the article explains, data science is set apart from other business functions by two fundamental aspects: Relatively low costs for exploration. Why does this matter?

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

Andrew White

JANUARY 9, 2022

First, how we measure emissions and carbon footprint is about data design and policy. In other words, D&A plays a key role in the foundational measuring angle. Link to item 6 on slide 27 is broken, [link] , for Dashboard to measure business impact, can you provide a current link? There are too many to list really.

Analytics 64

Analytics Measurement Modeling Data-driven 64

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. Each recommendation was grounded in the user research conducted and validated to render significant return on investment (ROI) to the business mission of AZDCS.

Data-driven 90

Data-driven IT Measurement Cost-Benefit 90

Occam's Razor

MARCH 23, 2010

Too many new things are happening too fast and those of us charged with measuring it have to change the wheels while the bicycle is moving at 30 miles per hour (and this bicycle will become a car before we know it – all while it keeps moving, ever faster). . ~ There is such little risk to actually trying. Usually for free.

Analytics 118

Analytics Consulting Metrics Experimentation 118

IBM Big Data Hub

AUGUST 11, 2023

Furthermore, MES systems provide organizations with comprehensive and accurate production data, enabling data-driven decision-making to continuously enhance business processes and optimize resource utilization. ensure that the MES software complies with relevant standards and provides robust security measures to protect sensitive data.

Software 72

Software Manufacturing Cost-Benefit ROI 72

Domino Data Lab

JUNE 23, 2019

These measurement-obsessed companies have an advantage when it comes to AI. Google, Facebook, other leaders, they really have set up a culture of extreme measurement where every part of their product experience is instrumented to optimize clicks and drive user engagement. To prioritize, how do we do this?

Management 110

Management Machine Learning Experimentation Metrics 110