CIO Business Intelligence

OCTOBER 4, 2022

As Warren Jenson, LiveRamp President, said, failing to do this first can be counter-intuitive to the company’s data goals. For internal stakeholders, identity strengthens customer intelligence, improves ROI and generates new revenue streams across sales, marketing, IT and other departments, among many other benefits.”

Cost-Benefit 101

Cost-Benefit Strategy Digital Transformation ROI 101

BA Learnings

AUGUST 7, 2021

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. 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 87

Data-driven Big Data Metrics Strategy 87

BizAcuity

FEBRUARY 22, 2019

Several technology companies are stepping up to address the explosion of data collections sources with an objective of improving their ROI by conducting successful events. In addition, it needs to have powerful analytics technology for its event revenue measurement.

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. Data governance’s importance has become more widely understood.

Data Governance 40

Data Governance ROI Risk Management Metadata 40

FineReport

APRIL 9, 2021

However, companies operation generates numerous and complicated data every day, beyond traditional manual reporting capacity. Profit analysis: measure the company’s operating profit and profit distribution. It’s best to look at the financial data for 5-15 years. Data Collection and Report Drawing.

Reporting 98

Reporting Finance Dashboards Enterprise 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

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

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. time (how much time is lost?)

Data-driven 90

Data-driven IT Measurement Cost-Benefit 90

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 65

Measurement Metrics Strategy Reporting 65

Jet Global

AUGUST 17, 2020

A finance department Key Performance Indicator (KPI) or metric is a clearly defined quantifiable measure used to evaluate a company’s financial performance. Working Capital – This key financial metric is used to measure the amount of money a company has available at their disposal, ready to be put to work.

Finance 98

Finance Metrics KPI Key Performance Indicator 98

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 71

Software Manufacturing Cost-Benefit ROI 71

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. measure the subjects’ ability to trust the models’ results. training data”) show the tangible outcomes.

Machine Learning 105

Machine Learning Data Science Modeling Visualization 105

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

Occam's Razor

APRIL 13, 2015

Keep it focused on the clump of things on your strategic Digital Marketing and Measurement Model , and your tactical big priorities.). While you are at it, you can easily download the dashboards, reports and segments uploaded by the smart people at Loves Data … Or whatever else you are in need of. As always, it is your turn now.

Analytics 155

Analytics Reporting Metrics Slice and Dice 155

datapine

JUNE 4, 2020

A chief technology officer (also referred to as chief technical officer or chief technologist), has an immense responsibility to drive a company forward and lead the technological advancements, research, development, and management in order to generate business value and increase the return on investment (ROI). Focus on the goal and audience.

Dashboards 130

Dashboards Reporting Metrics Visualization 130

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

Occam's Razor

AUGUST 13, 2012

Yehoshua Coren: Best ways to measure user behavior in a multi-touch, multi-device digital world. What's possible to measure. What's not possible to measure. Bjoern Sjut3: My main issue at the moment: How will multi-channel funnels and ROI calculations work in a multi device world? Let's do this!

Modeling 124

Modeling Metrics Data Quality Data-driven 124

Smart Data Collective

SEPTEMBER 6, 2020

All software will require some degree of customization, but to control costs and speed time to ROI you want to minimize the amount of customization that’s necessary. Gathering data on users and processing payments requires attention to security and compliance. Run afoul of these types of regulations and incur hefty fines.

B2B 108

B2B Data Analytics Analytics Cost-Benefit 108

Occam's Razor

APRIL 21, 2014

I am having issues prioritizing 1) recommending fixing on site issues affecting real traffic levels versus 2) correcting significant configuration issues in Analytics measuring current site traffic. Even the worst analytics configuration in the world will most likely allow you to measure cart and checkout abandonment rate.

Marketing Analytics 131

Marketing Analytics Marketing Analytics Measurement 131

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

Domino Data Lab

FEBRUARY 4, 2019

The ability to measure results (risk-reducing evidence). These two points provide a different kind of risk management mechanism which is effective for science, specifically data science. Of course, some questions in business cannot be answered with historical data. Why does this matter?

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

Occam's Razor

OCTOBER 19, 2010

If after rigorous analysis you have determined that you have evolved to a stage that you need a data warehouse then you are out of luck with Yahoo! If you can show ROI on a DW it would be a good use of your money to go with Omniture Discover, WebTrends Data Mart, Coremetrics Explore. and Google, get a paid solution. Three tools.

Analytics 135

Analytics Testing Measurement Optimization 135

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). . ~ our measurement strategies 2. success measures.

Analytics 118

Analytics Consulting Metrics Experimentation 118

DataKitchen

JUNE 24, 2021

So we really prioritized the data that we thought had the biggest chance of delivering success in the end. Chapin also mentioned that measuring cycle time and benchmarking metrics upfront was absolutely critical. “It DataOps Enables Your Data Mesh or Data Fabric. DataOps Maximizes Your ROI.

ROI 211

ROI Metrics Measurement Cost-Benefit 211

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. But the rewards outperform by far its costs, and it is well known that business intelligence ROI is real even if it is sometimes hard to quantify.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. Business Intelligence And Analytics Lead To ROI. Such business intelligence ROI can come in many forms. The results?

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Rocket-Powered Data Science

JULY 21, 2023

as likely to say that their ROI on observability tools far exceeded expectations. From these data streams, real-time actionable insights can feed decision-making and risk mitigations at the moment of need. This is a physical device, in the IoT (Internet of Things) family of sensors, that collects and streams data from the edge (i.e.,

Machine Learning 189

Machine Learning Metrics Reporting Internet of Things 189

Alation

FEBRUARY 17, 2023

The firms that get data governance and management “right” bring people together and leverage a set of capabilities: (1) Agile; (2) Six sigma; (3) data science; and (4) project management tools. The overall program should set a 2-year vision, mission, and goals, and then focus on execution, measuring progress along the way.

Data Governance 52

Data Governance Data Quality Metadata Cost-Benefit 52

Occam's Razor

APRIL 29, 2013

PS: The phrase "real-time data analysis" is an oxymoron. Real-time data is super valuable if zero human beings are involved from data collection to action being taken. You measure bounce rate and you can find those things, then figure out if the problem is at the source (ads) or destination (your site).

Marketing 166

Marketing Metrics Advertising Measurement 166

Alation

AUGUST 2, 2022

Measuring your customer-centric strategy means knowing whether you’re meeting customer expectations or not. Reviewing data is important to gaining insight into whether: Products and services lived up to expectations set during the buyer journey. The results of this project were: Time-savings ROI of 3000%.

Strategy 52

Strategy Cost-Benefit Metrics Data Lake 52

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

Jet Global

DECEMBER 20, 2021

Perhaps just as importantly, capital planning software enables organizations to measure and monitor the performance of their capex investments to better understand which assets are performing to expectations and which are not. Will the investment generate positive return on investment (ROI), or is it essential to business operations?

Software 52

Software Recreation/Entertainment ROI Finance 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