article thumbnail

The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

To win in business you need to follow this process: Metrics > Hypothesis > Experiment > Act. 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. That metric is tied to a KPI.

Metrics 156
article thumbnail

What you need to know about product management for AI

O'Reilly on Data

Machine learning adds uncertainty. Underneath this uncertainty lies further uncertainty in the development process itself. There are strategies for dealing with all of this uncertainty–starting with the proverb from the early days of Agile: “ do the simplest thing that could possibly work.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Automation for all—managing and scaling networks has never been easier

CIO Business Intelligence

At this time of dynamic business and market changes, uncertainty, and quickly evolving consumption models for IT infrastructure, every IT executive understands the benefits and necessity of network agility. We’ve seen how it can gather and organize telemetry data collected from all parts of a company’s network.

article thumbnail

How to Ensure Single Source of Truth Reporting for PeopleSoft

Jet Global

Despite the fact that massive amounts of information lives inside this solution, PeopleSoft reporting is a cumbersome process, mostly because the data are poorly integrated. Members of the finance or IT teams have to go hunting through multiple data sources, identifying and integrating the metrics they need to build reports.

article thumbnail

Real-Time Insights Help Eliminate Common Financial Reporting Issues

Jet Global

Much of the financial reporting process, including data collection, integration, analysis, and visualization, can now run on autopilot. They’ve identified their most important performance metrics and report on those at the exclusion of all others. All of this is possible thanks to breakthroughs in automation.

article thumbnail

Pluck the Low-Hanging Fruit

Darkhorse

Add to these all of the decisions that they could be making (but aren’t) because of uncertainty or laziness. Step 3: Scope the Projects In looking at what remains, you can start to estimate the difficulty or uncertainty associated with finding a solution. Step 1: The Brain Storm We start at the end: the decision.

article thumbnail

Human-centered design and data-driven insights elevate precision in government IT modernization

IBM Big Data Hub

Government executives face several uncertainties as they embark on their journeys of modernization. A pain point tracker (a repository of business, human-centered design and technology issues that inhibit users’ ability to execute critical tasks) captures themes that arise during the data collection process.