CIO Business Intelligence

MAY 12, 2022

Predictive analytics tools blend artificial intelligence and business reporting. The quality of predictions depends primarily on the data that goes into the system — the old slogan from the mainframe years, “garbage in, garbage out”, still holds today. Visual IDE for data pipelines; RPA for rote tasks. Highlights. Deployment.

Predictive Analytics 137

Predictive Analytics Analytics Statistics Machine Learning 137

Cloudera

OCTOBER 18, 2023

In fact, some of the insights presented in this blog have been assisted by the power of large language models (LLMs), highlighting the synergy between human expertise and AI-driven insights. Portfolio Optimization Analyze a portfolio of investments and identify opportunities to optimize returns while managing risk. Quick wins!

Cost-Benefit 79

Cost-Benefit Testing Machine Learning Optimization 79

Occam's Razor

JANUARY 7, 2014

First… it is important to realize that big data's big imperative is driving big action. 12: Almost all reporting is off custom reports. #11: 7: 25% of all analytical effort is dedicated to data visualization/enhancing data's communicative power. #6: Reporting Squirrels vs. Analysis Ninjas.

Data-driven 140

Data-driven Consulting Reporting Marketing 140

CIO Business Intelligence

FEBRUARY 14, 2024

Fundamentals like security, cost control, identity management, container sprawl, data management, and hardware refreshes remain key strategic areas for CIOs to deal with. Data due diligence Generative AI especially has particular implications for data security, Mann says.

IT 140

IT Metadata Data-driven Management 140

Occam's Razor

SEPTEMBER 15, 2014

Company UX leaders are happy to stink less by taking the sub-optimal path of responsive design, rather than create a mobile-unique experience (your customers tend to do different things on your desktop site than your mobile site!). In this post we will look mobile sites first, both data collection and analysis, and then mobile applications.

Metrics 141

Metrics Reporting Analytics Marketing 141

CIO Business Intelligence

DECEMBER 29, 2023

The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. Here, we detail those and others that comprise eight of the top priorities for CIOs in 2024.

Cost-Benefit 129

Cost-Benefit Digital Transformation Consulting Strategy 129

CIO Business Intelligence

FEBRUARY 21, 2023

“Becoming the best connected brewer is making sure we strengthen the relationships with our customers, consumers, suppliers and employees in a context that’s fully digital,” he says, who reports into the CDO and was previously senior director for global information services. There’s also a growing emphasis on improving team performance.

Digital Transformation 91

Digital Transformation Sales Experimentation Optimization 91

Cloudera

APRIL 9, 2021

This blog series follows the manufacturing and operations data lifecycle stages of an electric car manufacturer – typically experienced in large, data-driven manufacturing companies. The first blog introduced a mock vehicle manufacturing company, The Electric Car Company (ECC) and focused on Data Collection.

Machine Learning 98

Machine Learning Forecasting Manufacturing Predictive Analytics 98

O'Reilly on Data

MAY 11, 2020

The Entertainment” is not the result of algorithms, business incentives and product managers optimizing for engagement metrics. Television only lacked the immediate feedback that comes with clicks, tracking cookies, tracking pixels, online experimentation, machine learning, and “agile” product cycles.

Modeling 195

Modeling Advertising Recreation/Entertainment Metrics 195

Ontotext

JULY 6, 2023

In today’s fast changing environment, enterprises that have transitioned from being focused on applications to becoming data-driven gain a significant competitive edge. There are four groups of data that are naturally siloed: Structured data (e.g., Transaction and pricing data (e.g.,

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

Octopai

OCTOBER 26, 2022

Data-driven organizations are a bad idea. Using data to drive your organization is wonderful. But data, at best, can only be a powerful vehicle, or a reliable GPS system. Except sometimes we call organizations “data-driven” when really the data is driving them up the wall. And it should be.

Data Quality 52

Data Quality Data Analytics Analytics Manufacturing 52

AWS Big Data

JULY 20, 2023

With data becoming the driving force behind many industries today, having a modern data architecture is pivotal for organizations to be successful. In this post, we describe Orca’s journey building a transactional data lake using Amazon Simple Storage Service (Amazon S3), Apache Iceberg, and AWS Analytics.

Data Lake 87

Data Lake Analytics Snapshot Optimization 87

DataRobot

JUNE 8, 2021

The proposed cognitive benefit of personas is that humans are better at thinking in narratives than abstract data about customers. Unlike personas, however, cluster analysis is data-driven. But despite the allure of a data-driven approach, cluster analysis is arbitrary. Personas are subjectively constructed.

Data-driven 98

Data-driven Testing Marketing Experimentation 98

Sisense

NOVEMBER 23, 2020

The global pandemic has driven home the fact that data is vital to the success of every organization. Sisense recently surveyed over 460 companies across Australia and New Zealand to dig into their data and analytics usage and future plans. Who is leading the way?

Analytics 98

Analytics Data-driven Marketing Reporting 98

Occam's Razor

AUGUST 12, 2013

There are few things more complicated in analytics (all analytics, big data and huge data!) There is lots of missing data. And as if that were not enough, there is lots of unknowable data. than multi-channel attribution modeling. " low. A lot of that is because of all the stuff we don't know.

Modeling 161

Modeling Optimization Marketing Interactive 161

Occam's Razor

OCTOBER 23, 2006

The title of my presentation at the Washington DC Emetrics summit was: Creating a Data Driven Web Decision Making Culture – Lessons, Tips, Insights from a Practitioner. 6 Reporting is not Analysis. # Seven Steps to Creating a Data Driven Decision Making Culture…… Slide 1: Decision Making Landscape.

Data-driven 117

Data-driven Metrics KPI Reporting 117

Occam's Razor

DECEMBER 12, 2016

There is, almost literally, an unlimited number of things you could focus on to create a high impact data-influenced organization. I was asked a few weeks back: " What companies should we proactively help with analytics, for free, so that they can make smarter data-influenced decisions ?" Data quality plays a role into this.

Analytics 141

Analytics Data-driven Strategy Consulting 141

Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. The last 10+ years or so have seen Insurance become as data-driven as any vertical industry.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

Domino Data Lab

JANUARY 24, 2019

In 2018 we saw the “data science platform” market rapidly crystallize into three distinct product segments. Over the last couple years, it would be hard to blame anyone for being overwhelmed looking at the data science platform market landscape. Proprietary (often GUI-driven) data science platforms. Automation Tools.

Data Science 65

Data Science Marketing Data-driven Statistics 65

Cloudera

NOVEMBER 25, 2020

The challenges Matthew and his team are facing are mainly about access to a multitude of data sets, of various types and sources, with ease and ad-hoc, and their ability to deliver data-driven and confident outcomes. . Most of their research data is unstructured and has a lot of variety. Challenges Ahead.

Data Warehouse 59

Data Warehouse Unstructured Data Analytics Visualization 59

AWS Big Data

OCTOBER 4, 2023

Amazon DataZone enables customers to discover, access, share, and govern data at scale across organizational boundaries, reducing the undifferentiated heavy lifting of making data and analytics tools accessible to everyone in the organization. This is challenging because access to data is managed differently by each of the tools.

Metadata 100

Metadata Data Lake Publishing Data Governance 100

Occam's Razor

AUGUST 22, 2011

Be data driven?" Six Rules For Creating A Data Driven Boss! Be data driven?" Slay The Analytics Data Quality Dragon & Win Your HiPPO's Love! Web Data Quality: A 6 Step Process To Evolve Your Mental Model. The Ultimate Web Analytics Data Reconciliation Checklist.

KPI 124

KPI Metrics Measurement ROI 124

Domino Data Lab

FEBRUARY 4, 2019

In Paco Nathan ‘s latest column, he explores the role of curiosity in data science work as well as Rev 2 , an upcoming summit for data science leaders. Welcome back to our monthly series about data science. and dig into details about where science meets rhetoric in data science. Introduction.

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

Occam's Razor

AUGUST 13, 2012

The questions reveal a bunch of things we used to worry about, and continue to, like data quality and creating data driven cultures. Then you build a massive data store that you can query for data to analyze. What report would you want to see on conversion attribution that would help you decide where to spend??

Modeling 124

Modeling Metrics Data Quality Data-driven 124

Occam's Razor

JULY 24, 2018

work (collection, processing, reporting, analysis), processes, org structure, governance models, last-mile gaps , metrics ladders of awesomeness , and… so… much… more. Diving a bit deeper into the x-axis… While most data can be collected in real-time now, not all metrics are useful in real-time. The ability to optimize landing pages.

Analytics 93

Analytics Metrics Strategy Measurement 93

Occam's Razor

APRIL 8, 2013

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. Sometimes, we escape the clutches of this sub optimal existence and do pick good metrics or engage in simple A/B testing. Online, offline or nonline.

Metrics 156

Metrics KPI Analytics Key Performance Indicator 156

Occam's Razor

SEPTEMBER 19, 2011

We have to do Search Engine Optimization. It is also important to point out that I am keeping the data simple purely to keep communication of the story straightforward. Here's the outcomes data for the control version of the experiment. Bonus 2: Google Analytics has a wonderful set of reports called Multi-Channel Funnels.

Measurement 119

Measurement Advertising Testing Marketing 119

Occam's Razor

OCTOBER 12, 2017

The tiny downside of this is that our parents likely never had to invest as much in constant education, experimentation and self-driven investment in core skills. Years and years of practice with R or "Big Data." " Years of proficiency in analyzing m campaigns for n channels resulting in production of z reports.

Marketing 136

Marketing Analytics Machine Learning Strategy 136

Occam's Razor

DECEMBER 9, 2009

It is rare for me to work with a organization where the root cause for their faith based decision making (rather than data driven) was not the org structure. Surprisingly it is often not their will to use data, that is there in many cases. Chapter 14: HiPPOs, Ninjas, and the Masses: Creating a Data-Driven Culture.

Analytics 95

Analytics Data-driven Marketing Sales 95

Occam's Razor

FEBRUARY 28, 2017

A story where data is the hero, followed by two mind-challenging business-shifting ideas. Reporting/dashboards were terribly created ( CDPs anyone? ). Additionally, I passionately believe that optimal metrics help solve for more than an individual’s behavior. Epilogue: There were lots of reasons for the fiasco above.

Key Performance Indicator 106

Key Performance Indicator Metrics Measurement Advertising 106

Occam's Razor

MARCH 23, 2010

My problem with these mistruths and FUD is that they result in a ton of practitioners and companies making profoundly sub optimal choices, which in turn results in not just much longer slogs but also spectacular career implosions and the entire web analytics industry suffering. This is sad. Even a little frustrating. This instant.

Analytics 118

Analytics Consulting Metrics Experimentation 118

Domino Data Lab

MAY 8, 2019

For example, common practices for collecting data to build training datasets tend to throw away valuable information along the way. The lens of reductionism and an overemphasis on engineering becomes an Achilles heel for data science work. ML model interpretability and data visualization. back to the structure of the dataset.

Machine Learning 105

Machine Learning Data Science Modeling Visualization 105

CIO Business Intelligence

MARCH 7, 2023

Tech companies have laid off over 250 thousand employees since 2022, and 93% of CEOs report preparing for a US recession over the next 12 to 18 months. Some IT organizations elected to lift and shift apps to the cloud and get out of the data center faster, hoping that a second phase of funding for modernization would come.

Digital Transformation 142

Digital Transformation Data Governance Experimentation Machine Learning 142

IBM Big Data Hub

MAY 20, 2024

However, in the past few decades, advances in artificial intelligence, sensing, simulation and more have driven enormous impacts within the biotech industry. They broadly fall into three buckets: Advanced mathematics and complex data structures. Search and optimization. Simulating nature.

Data Processing 95

Data Processing Optimization Experimentation Enterprise 95

Occam's Razor

MAY 27, 2015

Here are the digital myths that are leading us down a profoundly sub-optimal path: 1. A data-first strategy is a winning formula. Per our friends at Wikipedia, Programmatic encompasses an array of technologies that automate the buying, placement and optimization of media inventory. A data-first strategy is a winning formula.

Marketing Analytics 153

Marketing Analytics Marketing Analytics Advertising 153

Occam's Razor

JANUARY 9, 2012

Now here's another surprise: These rules/insights/mind shifts are not about data! Here's important context (before we get into the rules for revolutionaries)… The Fundamental Web Analytics Problem Is Not Data! Most companies are astonishingly blasé about data and possibilities of measurement.

Marketing 140

Marketing B2B Measurement Risk 140

Occam's Razor

NOVEMBER 13, 2009

No dragging of the feet, the book starts with a bang by laying out the framework that will be the center of every company that will leverage data (qualitative, quantitative, competitive) on the web. Chapter 2 The Optimal Strategy for Choosing Your Web Analytics Soul Mate. Chapter 6 Solving the “Why” Puzzle: Leveraging Qualitative Data.

Analytics 71

Analytics Metrics Measurement Testing 71