datapine

JANUARY 24, 2021

Or even better: “Which marketing campaign that I did this quarter got the best ROI, and how can I replicate its success?”. These key questions to ask when analyzing data can define your next strategy in developing your company. As Data Dan reminded us, “did the best” is too vague to be useful. Giving the most ROI?

IT 317

IT Statistics KPI Data-driven 317

Alation

MARCH 11, 2022

This begins with a fundamental shift around how people see data as well as their own relationship to it. First thing: Data is a powerful asset. Consider it now, too, as a product, which, if used correctly and by the right people, can provide real ROI. These are your new data producers. So where do people factor in?

Metadata 52

Metadata Data Governance ROI Data Quality 52

Octopai

MAY 31, 2022

Business intelligence is the primary place where your data becomes an asset. But the data needs to be managed so that it can be leveraged as an asset, driving your business forward and creating positive ROI. In order for data to fulfill its potential as an asset , it needs to be: accurate organized accessible.

Management 52

Management Metadata Business Intelligence ROI 52

CIO Business Intelligence

FEBRUARY 14, 2023

Here, I’ll focus on why these three elements and capabilities are fundamental building blocks of a data ecosystem that can support real-time AI. DataStax Real-time data and decisioning First, a few quick definitions. Real-time data involves a continuous flow of data in motion.

Data Strategy 115

Data Strategy Strategy Machine Learning Data-driven 115

Sisense

SEPTEMBER 3, 2020

Programming and statistics are two fundamental technical skills for data analysts, as well as data wrangling and data visualization. Data analysts in one organization might be called data scientists or statisticians in another. Database design is often an important part of the business analyst role.

Statistics 97

Statistics Metrics Visualization Finance 97

datapine

AUGUST 21, 2019

A definitive sales graph example for any growing organization. Yes, no sales team is perfect, and you can always get better at any of these areas, but this graph will help you to identify the “low hanging fruit” where you can invest a little bit of effort to get a large ROI. 4) Average Revenue Per Unit. 7) Sales Growth Between Periods.

Sales 235

Sales Dashboards KPI Visualization 235

Occam's Razor

AUGUST 22, 2011

Slay The Analytics Data Quality Dragon & Win Your HiPPO's Love! Web Data Quality: A 6 Step Process To Evolve Your Mental Model. Seven Steps to Creating a Data Driven Decision Making Culture. Customer Lifetime Value ROI, Buzz Monitoring, Click Fraud. Data Quality Sucks, Let's Just Get Over It.

KPI 124

KPI Metrics Measurement ROI 124

datapine

MAY 31, 2022

But before we get to our cloud computing challenges, let’s start with a simple explanation of the general characteristics and basic definitions. We mentioned the hot debate surrounding data protection in our definitive business intelligence trends guide. In both cases, the return on investment (ROI) is healthy.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

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). Digital Transformation, IT Leadership, IT Strategy, ROI and Metrics

Measurement 139

Measurement Digital Transformation KPI Metrics 139

datapine

JANUARY 21, 2020

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. With so much information and such little time, intelligent data analytics can seem like an impossible feat. Enhanced data quality.

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

Smarten

NOVEMBER 26, 2023

You may be interested to know that TechJury reports seven out of ten businesses rate data discovery as very important, and that the top three business intelligence trends are data visualization, data quality management and self-service business intelligence. What is Business Intelligence?

Marketing 40

Marketing Business Intelligence Key Performance Indicator Prescriptive Analytics 40

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

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

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. EU Cookies!) What's possible to measure.

Modeling 124

Modeling Metrics Data Quality Data-driven 124

Smarten

SEPTEMBER 6, 2019

With true self-serve business intelligence and analytics solutions, the average business user can perform data preparation, test theories and hypotheses by prototyping on their own and share clear, objective data with others. Self-Serve Data Prep in Action.

Analytics 51

Analytics IT Business Intelligence Testing 51

Smarten

AUGUST 9, 2017

For those who are managing an analytical solution implementation, or trying to select a solution for business users, it is important to understand the terms and the features and function of these solutions so that you can select the appropriate solution for your users, your data analysts and your IT team.

Analytics 40

Analytics IT Statistics ROI 40

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

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. Coming up with those creative signals you can extract from the raw data to use as better inputs to your machine learning models is something to definitely invest in. I think definitely in consumer companies they are real.

Management 110

Management Machine Learning Experimentation Metrics 110

Andrew White

JANUARY 9, 2022

– We see most, if not all, of data management being augmented with ML. Much as the analytics world shifted to augmented analytics, the same is happening in data management. You can find research published on the infusion of ML in data quality, and also data catalogs, data discovery, and data integration.

Analytics 64

Analytics Measurement Modeling Data-driven 64

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. :). And you can definitely do brand vs non-brand analysis using these options. Six years go by. Justin Dux.

Marketing Analytics 131

Marketing Analytics Marketing Analytics Measurement 131

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

DataKitchen

JUNE 24, 2021

Their definition of DataOps was that we do some automation and check a record count. Initially, they didn’t understand the definition and they let alone understand the potential. Agility as a concept in business is really powerful and certainly deserves a place in every data and analytics team.”. Design for measurability.

ROI 211

ROI Metrics Measurement Cost-Benefit 211

erwin

MAY 17, 2021

Data Governance Definition Varies. There is still no consensus on how to define data governance. When asked for a definition, the two most popular responses were: Building a set of policies that governs data. Ensuring data usage follows defined rules. Key Bottlenecks and Challenges.

Data Governance 99

Data Governance Data Quality Snapshot Reporting 99

erwin

JUNE 17, 2021

Data Governance Definition Varies. There is still no consensus on how to define data governance. When asked for a definition, the two most popular responses were: Building a set of policies that governs data. Ensuring data usage follows defined rules. Key Bottlenecks and Challenges.

Data Governance 59

Data Governance Data Quality Snapshot Reporting 59

erwin

AUGUST 31, 2023

Improved Decision Making : Well-modeled data provides insights that drive informed decision-making across various business domains, resulting in enhanced strategic planning. Reduced Data Redundancy : By eliminating data duplication, it optimizes storage and enhances data quality, reducing errors and discrepancies.

Data-driven 98

Data-driven Modeling Enterprise Structured Data 98

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. What do they care about?

Data Governance 52

Data Governance Data Quality Metadata Cost-Benefit 52

datapine

MAY 17, 2021

Big Data Discovery: Why Is It So Popular? Now that we’ve explored the definitive data discovery definition for your reading pleasure, let’s delve into this innovative concept as a trend. As we mentioned at the beginning of this article, the big data industry has shown exponential growth in the past decade.

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