Smart Data Collective

MAY 6, 2021

You’ll see a visual representation of this with online feedback and testimonials. Facebook retargeting should be a priority with how you manage your data collection. Once you get the hang of things, your ROI will reach a whole new level. Making the Right Choice.

Advertising 70

Advertising Sales Marketing ROI 70

IBM Big Data Hub

AUGUST 28, 2023

Information retrieval The first step in the text-mining workflow is information retrieval, which requires data scientists to gather relevant textual data from various sources (e.g., The data collection process should be tailored to the specific objectives of the analysis.

Data mining 56

Data mining Machine Learning Deep Learning Marketing 56

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. ML model interpretability and data visualization. . – back to the structure of the dataset.

Machine Learning 105

Machine Learning Data Science Modeling Visualization 105

DataKitchen

MARCH 16, 2023

Metric Number One: Errors Reducing errors in data analytics is crucial for ensuring the accuracy and reliability of the insights generated by the team. Errors can originate from various sources, including data collection, integration, models, visualization, governance, and security.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

Jedox

JULY 23, 2019

For example a customer name and ID is not as valuable as the customer’s postal code, income bracket or other spending habits which could be enriched from data collected from Google for example. There are even some technologies which can extract insight from not so “clean” data to identify trends and anomalies.

Technology 52

Technology Forecasting Finance Data-driven 52

CIO Business Intelligence

JANUARY 3, 2024

According to Rapos, early incorporation allows for better data collection, more accurate modeling, and immediate feedback during the construction or development phase. Ask the hard questions of the digital twin In addition to all of the above, it’s important to consider the ROI of the digital twin.

Cost-Benefit 129

Cost-Benefit ROI Manufacturing Optimization 129

datapine

OCTOBER 14, 2020

Visualizing the data and interacting on a single screen is no longer a luxury but a business necessity. They provide ROI by quickly highlighting trends and dig out irregularities. They enable you to easily visualize your data, filter on-demand, and slice and dice your data to dig deeper.

Dashboards 235

Dashboards Interactive Reporting KPI 235

Domino Data Lab

FEBRUARY 4, 2019

Of course, some questions in business cannot be answered with historical data. Instead they require investment, tooling, and time for data collection. Given the two points above, that’s okay—there are good ways to direct data exploration toward ROI. I double-dare you not to visualize that cohort!

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

IBM Big Data Hub

SEPTEMBER 11, 2023

The team implemented a phased approach to the human-centered design assessment, which led to a data-driven roadmap of recommended technological enhancements. 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

datapine

JULY 6, 2022

When compared to some of the other examples in this post, the satisfaction KPI can be a bit harder to measure as it requires a different approach to data collection such as performing a feedback survey to your clients. Marketing Productivity Metrics. Goal conversion rate. This leads us to our next example. Lead-to-MQL-ratio.

Measurement 243

Measurement Metrics KPI Sales 243

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). click to enlarge**.

Dashboards 130

Dashboards Reporting Metrics Visualization 130

Domino Data Lab

MARCH 3, 2019

Then, when we received 11,400 responses, the next step became obvious to a duo of data scientists on the receiving end of that data collection. Over the past six months, Ben Lorica and I have conducted three surveys about “ABC” (AI, Big Data, Cloud) adoption in enterprise.

Data Science 49

Data Science Deep Learning Machine Learning Modeling 49

Domino Data Lab

JUNE 23, 2019

And then you’ll do a lot of work to get it out and then there’ll be no ROI at the end. The biggest time sink is often around data collection, labeling and cleaning. You need to have these windows into the data and into your models and be able to test and change them visually.

Management 110

Management Machine Learning Experimentation Metrics 110

Alation

FEBRUARY 20, 2020

More than any other advancement in analytic systems over the last 10 years, Hadoop has disrupted data ecosystems. By dramatically lowering the cost of storing data for analysis, it ushered in an era of massive data collection. Disruptive Trend #2: Self-Service Analytics.

Data Lake 52

Data Lake Metadata Structured Data Big Data 52

Occam's Razor

APRIL 13, 2015

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. With all the Social Media ROI pressure you might find the social media dashboards to be handy. For example, custom reports for search engine optimization.

Analytics 155

Analytics Reporting Metrics Slice and Dice 155

Occam's Razor

JANUARY 30, 2012

Produce built-in visualization magic. My preferred path is to leverage the tool's built-in features for filtering/visualizing the data. You can see five different ways to look at the data in any table: Percentage, Performance, Comparison, Term Cloud and Pivot. You use your money wisely and get higher ROI.

Analytics 145

Analytics Dashboards Metrics Key Performance Indicator 145

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. BI software uses algorithms to extract actionable insights from a company’s data and guide its strategic decisions.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

datapine

FEBRUARY 22, 2022

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. Before going all-in with data collection, cleaning, and analysis, it is important to consider the topics of security, privacy, and most importantly, compliance. click to enlarge**.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

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

Alation

FEBRUARY 17, 2023

Reichental describes data governance as the overarching layer that empowers people to manage data well ; as such, it is focused on roles & responsibilities, policies, definitions, metrics, and the lifecycle of the data. In this way, data governance is the business or process side. Second, think like an executive.

Data Governance 52

Data Governance Data Quality Metadata Cost-Benefit 52

Jet Global

APRIL 14, 2022

Deep, proactive analysis is crucial for making key business decisions that benefit profitability, increase ROI, and reduce costly errors. Some functional areas use business intelligence and data visualization tools, but operate in isolation with their own data sets, driving decisions related to that function only.

Data Collection 52

Data Collection Management Finance Reporting 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

MAY 1, 2023

This is in contrast to traditional BI, which extracts insight from data outside of the app. We rely on increasingly mobile technology to comb through massive amounts of data and solve high-value problems. Plus, there is an expectation that tools be visually appealing to boot. Their dashboards were visually stunning.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52