CIO Business Intelligence

JUNE 14, 2023

Certifications measure your knowledge and skills against industry- and vendor-specific benchmarks to prove to employers that you have the right skillset. If you’re looking to get an edge on a data analytics career, certification is a great option. The number of data analytics certs is expanding rapidly.

Big Data 126

Big Data Data Analytics Analytics Predictive Modeling 126

Domino Data Lab

SEPTEMBER 10, 2020

This means many projects get stuck in endless research and experimentation. A concise goal (“I want to save costs by optimizing my store staffing roster”) is much more likely to lead to a successful initiative than a broad statement (“I want to increase revenue in my retail stores”). Identify metrics that measure this variability.

Modeling 101

Modeling IT Data Science Experimentation 101

Occam's Razor

SEPTEMBER 19, 2011

We have to do Search Engine Optimization. This: You understand all the environmental variables currently in play, you carefully choose more than one group of "like type" subjects, you expose them to a different mix of media, measure differences in outcomes, prove / disprove your hypothesis (DO FACEBOOK NOW!!!)

Measurement 119

Measurement Advertising Testing Marketing 119

Ontotext

NOVEMBER 2, 2023

The data itself is stored in a way that is not optimal for extracting insight. And while there is a great deal of experimentation underway, most organizations have only scratched the surface in a use-case-by-use-case fashion. Solution to the Data Dilemma The good news is that the solution to this data dilemma is actually quite simple.

IT 69

IT Cost-Benefit Data-driven Technology 69

O'Reilly on Data

MARCH 31, 2020

If you’re already a software product manager (PM), you have a head start on becoming a PM for artificial intelligence (AI) or machine learning (ML). You already know the game and how it is played: you’re the coordinator who ties everything together, from the developers and designers to the executives. Why AI software development is different.

Management 332

Management Machine Learning Experimentation Metrics 332

CIO Business Intelligence

AUGUST 16, 2023

But now, routes are optimized according to the filling levels in the vessels, which are owned by the Swedish Transport Administration, yet Svevia is responsible for emptying them through a number of subcontractors around the country. “We Since the route optimization came into place, fewer emptyings are required, he notes.

Risk 82

Risk Cost-Benefit Digital Transformation Internet of Things 82

Ontotext

JULY 6, 2023

The solution also reduces incident response times, optimizes processes and streamlines asset management. It incorporates the knowledge of Subject Matter Experts and ensures accurate sentiment measurements. Experimentation with different technical analysis services becomes possible. The solution brings many business benefits.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

Occam's Razor

FEBRUARY 7, 2022

Since you're reading a blog on advanced analytics, I'm going to assume that you have been exposed to the magical and amazing awesomeness of experimentation and testing. And yet, chances are you really don’t know anyone directly who uses experimentation as a part of their regular business practice. Wah wah wah waaah.

Experimentation 101

Experimentation Testing Optimization Marketing 101

CIO Business Intelligence

FEBRUARY 21, 2023

The firm’s connected brewery IoT platform, for instance, is being used for data ingestion and edge computing in breweries, enabling local teams to analyze, adjust, test and optimize production processes, with this in-turn allowing operations to leverage real-time and historical data to support the workers on the shop floor.

Digital Transformation 96

Digital Transformation Sales Experimentation Optimization 96

Occam's Razor

MAY 22, 2006

This post is a primer on the delightful world of testing and experimentation (A/B, Multivariate, and a new term from me: Experience Testing). Experimentation and testing help us figure out we are wrong, quickly and repeatedly and if you think about it that is a great thing for our customers, and for our employers.

Experimentation 103

Experimentation Testing Optimization Measurement 103

AWS Big Data

NOVEMBER 2, 2023

Solution overview GoDaddy’s intelligent compute platform envisions simplification of compute operations for all personas, without limiting power users, to ensure out-of-box cost and performance optimization for data and ML workloads. The following diagram shows a high-level illustration of the intelligent compute platform vision.

Cost-Benefit 87

Cost-Benefit Big Data Testing Optimization 87

CIO Business Intelligence

OCTOBER 18, 2023

Gen AI boom in the making Many early and established forays into generative AI are being developed on the AI platforms of cloud leaders Microsoft, Google, and Amazon, reportedly with numerous guardrails and governance measures in place to contain unrestricted exploration. PwC, Zapier, Block, Canva, and Carlyle.

Risk 134

Risk Manufacturing Enterprise Technology 134

Ontotext

MARCH 29, 2021

The authors of RDF-star proposed a new short syntax and because of its elegance, GraphDB optimized its persistence to nearly double the loading speed for dataset with lots of statement-level metadata. . << :man :hasSpouse :woman >> 2. source :TheNationalEnquirer ; 3. webpage <[link] 4. id1 rdf:type rdf:Statement ; 3.

Metadata 59

Metadata IT Modeling Experimentation 59

CIO Business Intelligence

SEPTEMBER 12, 2022

Prioritize time for experimentation. One instance of how that exploration led to real business benefits was with the application of machine learning to predict optimal product formulation using a set of desired consumer benefits. What didn’t change was the need for organizations to continue to move forward with digital initiatives.

Experimentation 128

Experimentation Consulting Technology Machine Learning 128

CIO Business Intelligence

OCTOBER 9, 2023

Hyatt’s experimental mindset and listen-first approach are heavily applied to IT’s pursuit of innovation, he says. “To some extent, folks expect IT to be there like a dial tone when you pick up a phone,” or, “the referee at a football game, but no one noticed you,” says Mate, CIO of home health provider Elara Caring.

Strategy 135

Strategy Technology Experimentation Testing 135

CIO Business Intelligence

JUNE 28, 2023

Experimentation with a use case driven approach. For those companies that have chosen to experiment, they’re doing so largely in a controlled sandbox environment, with an emphasis on learning and understanding how to pair the technology with human capabilities to optimize for value and risk. Building the right mindset is key.

Enterprise 52

Enterprise Experimentation Risk Data-driven 52

IBM Big Data Hub

APRIL 18, 2024

This is the potential of artificial general intelligence (AGI), a hypothetical technology that may be poised to revolutionize nearly every aspect of human life and work. Imagine a self-driving car piloted by an AGI. It cannot only pick up a passenger from the airport and navigate unfamiliar roads but also adapt its conversation in real time.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

The Unofficial Google Data Science Blog

OCTOBER 7, 2015

by HENNING HOHNHOLD, DEIRDRE O'BRIEN, and DIANE TANG In this post we discuss the challenges in measuring and modeling the long-term effect of ads on user behavior. Nevertheless, A/B testing has challenges and blind spots, such as: the difficulty of identifying suitable metrics that give "works well" a measurable meaning.

Modeling 61

Modeling Experimentation Knowledge Discovery Testing 61

DataRobot Blog

JULY 28, 2022

Of course, finding a compromise is necessary to a certain degree, but rather than simply compromising, finding the optimal solution within that trade-off is the key to creating maximum business value. For example, data measured by sensors can contain all kinds of noise due to sensor malfunctions, environmental changes, etc.,

Data Science 72

Data Science Machine Learning Statistics Modeling 72

Occam's Razor

APRIL 8, 2013

Sometimes, we escape the clutches of this sub optimal existence and do pick good metrics or engage in simple A/B testing. First, you figure out what you want to improve; then you create an experiment; then you run the experiment; then you measure the results and decide what to do. But it is not routine. So, how do we fix this problem?

Metrics 156

Metrics KPI Analytics Key Performance Indicator 156

Occam's Razor

NOVEMBER 12, 2006

Mostly because short term goals drive a lot of what we do and if you are selling something on your website then it only seems to make logical sense that we measure conversion rate and get it up as high as we can as fast as we can. Even though we should not obsess about conversion rate we do. For exhaustive details click here.

Measurement 99

Measurement Analytics Optimization Marketing 99

O'Reilly on Data

MARCH 23, 2023

Many of these go slightly (but not very far) beyond your initial expectations: you can ask it to generate a list of terms for search engine optimization, you can ask it to generate a reading list on topics that you’re interested in. What is it, how does it work, what can it do, and what are the risks of using it? Or a text adventure game.

IT 262

IT Modeling Testing Risk 262

Occam's Razor

OCTOBER 21, 2013

As an analyst, I was upset that this change would hurt my ability to analyze the effectiveness of my beloved search engine optimization (SEO) efforts – which are really all about finding the right users using optimal content strategies. These changes impact my AdWords spend sub-optimally. What Is Not Going Away.

Optimization 154

Optimization Reporting Experimentation Metrics 154

O'Reilly on Data

OCTOBER 19, 2021

ML apps need to be developed through cycles of experimentation: due to the constant exposure to data, we don’t learn the behavior of ML apps through logical reasoning but through empirical observation. However, the concept is quite abstract. Can’t we just fold it into existing DevOps best practices? Why: Data Makes It Different.

IT 346

IT Testing Experimentation Software 346

Cloudera

FEBRUARY 16, 2022

blueberry spacing) is a measure of the model’s interpretability. While it is a little dated, one amusing example that has been the source of countless internet memes is the famous, “is this a chihuahua or a muffin?” classification problem. Figure 01: Is this a chihuahua or a muffin? What if a muffin is well-baked? Model Visibility.

Machine Learning 81

Machine Learning Modeling Metadata Recreation/Entertainment 81

Occam's Razor

JULY 24, 2018

To name a few: Digital Marketing & Measurement Model | Analytics Ecosystem | Web Analytics 2.0. During a discussion around planning for measurement, a peer was struggling with a unique collection of challenges. The frameworks above cover just one dimension of the assessment (!). Simplifying Complexity. Then one day, a magic moment.

Analytics 93

Analytics Metrics Strategy Measurement 93

Occam's Razor

AUGUST 22, 2011

Key To Your Digital Success: Web Analytics Measurement Model. " Measuring Incrementality: Controlled Experiments to the Rescue! Barriers To An Effective Web Measurement Strategy [+ Solutions!]. Measuring Online Engagement: What Role Does Web Analytics Play? "Engagement" How Do I Measure Success?

KPI 124

KPI Metrics Measurement ROI 124

Cloudera

MARCH 2, 2022

You can read previous blog posts on Impala’s performance and querying techniques here – “ New Multithreading Model for Apache Impala ”, “ Keeping Small Queries Fast – Short query optimizations in Apache Impala ” and “ Faster Performance for Selective Queries ”. . The end result – happier users, and more of them. Hash Table.

Data Warehouse 86

Data Warehouse Optimization Analytics Sales 86

CIO Business Intelligence

MAY 1, 2024

Pilots can offer value beyond just experimentation, of course. McKinsey reports that industrial design teams using LLM-powered summaries of user research and AI-generated images for ideation and experimentation sometimes see a reduction upward of 70% in product development cycle times.

Cost-Benefit 140

Cost-Benefit Metrics Insurance Measurement 140

Insight

APRIL 28, 2020

provide an opportunity to measure both. When their favorite candidates are hired out from underneath them, they graduate to making the second mistake of optimizing for speed and stop screening candidates altogether. Products aren’t shipped by teams of aberrant geniuses. Flags to look for: The path is as important as the destination.

Data-driven 53

Data-driven Data Science Experimentation Measurement 53

O'Reilly on Data

MAY 14, 2020

AI PMs should enter feature development and experimentation phases only after deciding what problem they want to solve as precisely as possible, and placing the problem into one of these categories. Experimentation: It’s just not possible to create a product by building, evaluating, and deploying a single model.

Management 363

Management Experimentation B2B Machine Learning 363

Domino Data Lab

OCTOBER 2, 2019

This article covers causal relationships and includes a chapter excerpt from the book Machine Learning in Production: Developing and Optimizing Data Science Workflows and Applications by Andrew Kelleher and Adam Kelleher. As data science work is experimental and probabilistic in nature, data scientists are often faced with making inferences.

Machine Learning 68

Machine Learning Measurement Modeling Testing 68

The Unofficial Google Data Science Blog

JULY 22, 2020

Instead, we focus on the case where an experimenter has decided to run a full traffic ramp-up experiment and wants to use the data from all of the epochs in the analysis. When there are changing assignment weights and time-based confounders, this complication must be considered either in the analysis or the experimental design.

Experimentation 95

Experimentation Statistics Testing Strategy 95

Occam's Razor

NOVEMBER 13, 2009

Chapter 2 The Optimal Strategy for Choosing Your Web Analytics Soul Mate. Chapter 5 The Key to Glory: Measuring Success. If I have one jihad it is to massively convert every person who touches the web to focus on measuring Outcomes! The Pitch: I invite you to consider buying my second web analytics book. I am out of breath!

Analytics 71

Analytics Metrics Measurement Testing 71

O'Reilly on Data

SEPTEMBER 15, 2020

Technical sophistication: Sophistication measures a team’s ability to use advanced tools and techniques (e.g., Technical competence: Competence measures a team’s ability to successfully deliver on initiatives and projects. Goals should be defined specifically and at a granular level for each stakeholder and relevant use case.

Cost-Benefit 293

Cost-Benefit Advertising ROI Machine Learning 293

Occam's Razor

FEBRUARY 26, 2008

1: Implement a Experimentation & Testing Program. # 1: Implement a Experimentation & Testing Program. The Google Website Optimizer is free ! Experimentation and Testing: A Primer. Build A Great Web Experimentation & Testing Program. # " Or one of many such variations. We have tried but failed.

Management 68

Management Experimentation Testing Strategy 68

The Unofficial Google Data Science Blog

JUNE 30, 2016

In an ideal world, experimentation through randomization of the treatment assignment allows the identification and consistent estimation of causal effects. By IVAN DIAZ & JOSEPH KELLY Determining the causal effects of an action—which we call treatment—on an outcome of interest is at the heart of many data analysis efforts.

Statistics 44

Statistics Optimization Modeling Experimentation 44