CIO Business Intelligence

JANUARY 23, 2024

Regardless of where organizations are in their digital transformation, CIOs must provide their board of directors, executive committees, and employees definitions of successful outcomes and measurable key performance indicators (KPIs). As a result, outcome-based metrics should be your guide.

Measurement 141

Measurement Digital Transformation KPI Metrics 141

datapine

JANUARY 21, 2020

The balance sheet gives an overview of the main metrics which can easily define trends and the way company assets are being managed. As every business needs to seriously consider their expenses and ROI (return on investment), often the costs and savings are hardly measured. Enhanced data quality. It doesn’t stop here.

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

datapine

APRIL 15, 2020

That said, in this article, we will go through both agile analytics and BI starting from basic definitions, and continuing with methodologies, tips, and tricks to help you implement these processes and give you a clear overview of how to use them. In our opinion, both terms, agile BI and agile analytics, are interchangeable and mean the same.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

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. Yehoshua I've covered this topic in detail in this blog post: Multi-Channel Attribution: Definitions, Models and a Reality Check. That means: All of these metrics are off.

Modeling 124

Modeling Metrics Data Quality Data-driven 124

Domino Data Lab

JUNE 23, 2019

Companies with successful ML projects are often companies that already have an experimental culture in place as well as analytics that enable them to learn from data. Ensure that product managers work on projects that matter to the business and/or are aligned to strategic company metrics. That’s another pattern.

Management 110

Management Machine Learning Experimentation Metrics 110

Alation

MARCH 21, 2023

Use cases for analytics in travel and tourism How can travel and tourism companies use data analytics to improve business ROI? Below are a few examples demonstrating how these organizations wield data as a strategic asset for the business.

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

Occam's Razor

APRIL 21, 2014

Grow traffic first, with even with bad measurement I can find positive ROI areas for growth or invest time getting Analytics in order first for more objective decision making? We wonder why data people are not loved. :). I believe these two posts with a collection of some of my favorite metrics will inspire you: 1. Justin Dux.

Marketing Analytics 131

Marketing Analytics Marketing Analytics Measurement 131

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. Lack of data, or data quality issues (silos).

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

Andrew White

JANUARY 9, 2022

This is the same for scope, outcomes/metrics, practices, organization/roles, and technology. Check this out: The Foundation of an Effective Data and Analytics Operating Model — Presentation Materials. Much as the analytics world shifted to augmented analytics, the same is happening in data management.

Analytics 64

Analytics Measurement Modeling Data-driven 64

DataKitchen

JUNE 24, 2021

GE formed its Digital League to create a data culture. One of the keys for our success was really focusing that effort on what our key business initiatives were and what sorts of metrics mattered most to our customers. Chapin also mentioned that measuring cycle time and benchmarking metrics upfront was absolutely critical. “It

ROI 211

ROI Metrics Measurement Cost-Benefit 211

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. Clean data in, clean analytics out. Cleaning your data may not be quite as simple, but it will ensure the success of your BI. Benefits Of Implementing a BI Strategy. It’s that simple.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

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.

Data Governance 52

Data Governance Data Quality Metadata Cost-Benefit 52

datapine

MAY 17, 2021

Studies suggest that 79% of enterprise executives believe that companies that do not leverage big data in the right way will lose their competitive position and could ultimately face extinction. Moreover, 83% of executives have pursued big data projects to gain a competitive edge. Big Data Discovery: Why Is It So Popular?

Visualization 161

Visualization Data-driven Business Intelligence Metrics 161

Jet Global

MAY 28, 2019

The decision will come down to a database vs a data warehouse—but let’s start by explaining what each is and why they are used. All About That (Data)Base. A database is, by definition, ‘any collection of data organized for storage, accessibility, and retrieval.’ Let’s look at why: Data Quality and Consistency.

Data Warehouse 85

Data Warehouse Reporting Business Intelligence Sales 85