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

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

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 98

Risk Cost-Benefit Digital Transformation Internet of Things 98

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

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.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

O'Reilly on Data

MARCH 31, 2020

Because it’s so different from traditional software development, where the risks are more or less well-known and predictable, AI rewards people and companies that are willing to take intelligent risks, and that have (or can develop) an experimental culture. Measurement, tracking, and logging is less of a priority in enterprise software.

Management 332

Management Machine Learning Experimentation Metrics 332

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 105

Digital Transformation Sales Experimentation Optimization 105

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 85

Cost-Benefit Big Data Testing Optimization 85

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

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. in concert with Microsoft’s AI-optimized Azure platform.

Risk 141

Risk Manufacturing Enterprise Technology 141

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. Here, they and others share seven ways to create and nurture a culture of innovation.

Experimentation 133

Experimentation Consulting Technology Machine Learning 133

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. Artificial Intelligence, Generative AI

Enterprise 52

Enterprise Experimentation Risk Data-driven 52

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. AGI wouldn’t just perceive its surroundings; it would understand them.

Cost-Benefit 88

Cost-Benefit Modeling Manufacturing Interactive 88

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

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. One way he is doing that is by using AI to optimize logistics and move caregivers more quickly from patient to patient, increasing the time they can spend with each one. I have to close the gaps,” he says.

Strategy 137

Strategy Technology Experimentation Testing 137

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

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. Measure and decide what to do.

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. So measure Bounce Rate of your website. Even though we should not obsess about conversion rate we do.

Measurement 99

Measurement Analytics Optimization Marketing 99

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

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 ”. . It also measured peak memory consumed at the node and the operator level.

Data Warehouse 87

Data Warehouse Optimization Analytics Sales 87

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

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. This is partly because integrating and moving data is not the only problem.

IT 69

IT Cost-Benefit Data-driven Technology 69

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. You see more digital metrics because digital is more measurable. The ability to optimize landing pages.

Analytics 93

Analytics Metrics Strategy Measurement 93

Cloudera

FEBRUARY 16, 2022

blueberry spacing) is a measure of the model’s interpretability. Support for multiple sessions within a project allows data scientists, engineers and operations teams to work independently alongside each other on experimentation, pipeline development, deployment and monitoring activities in parallel. Model Visibility.

Machine Learning 82

Machine Learning Modeling Metadata Recreation/Entertainment 82

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. we did practical modeling of various approaches and measured their performance. . : id1 rdf:type rdf:Statement ; 3.

Metadata 59

Metadata IT Modeling Experimentation 59

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. You’ll gain just as much signal on how your candidate defines success as you do on how they build a solution?—?provide

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

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

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

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. They’re not new to the field; they’ve solved problems, and have discovered what does and doesn’t work.

Cost-Benefit 293

Cost-Benefit Advertising ROI Machine Learning 293

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, none of these layers help with modeling and optimization. This approach is not novel. Model Operations.

IT 346

IT Testing Experimentation Software 346

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! Chapter 7 Failing Faster: Unleashing the Power of Testing and Experimentation.

Analytics 71

Analytics Metrics Measurement Testing 71

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. # Experimentation and Testing: A Primer. 6: If All Else Fails.

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. It should be noted that inverse probability weighting is not generally optimal (i.e., This is often referred to as the positivity assumption. the curse of dimensionality).

Statistics 44

Statistics Optimization Modeling Experimentation 44

IBM Big Data Hub

OCTOBER 20, 2023

This unified experience optimizes the process of developing and deploying ML models by streamlining workflows for increased efficiency. Decision optimization: Streamline the selection and deployment of optimization models and enable the creation of dashboards to share results, enhance collaboration and recommend optimal action plans.

Machine Learning 78

Machine Learning Manufacturing Cost-Benefit Deep Learning 78

Cloudera

APRIL 26, 2023

These include data recovery service, quota management, node harvesting, optimizing TCO, and more. Better innovation , first by enabling end users to adopt new features faster for better insights, and second, by allowing developers to run experimental workloads without risking production stability, fostering a culture of innovation.

Cost-Benefit 64

Cost-Benefit Optimization Experimentation Software 64

CIO Business Intelligence

JULY 7, 2023

A security-by-design culture incorporates security measures deeply into the design and development of systems, rather than treating them as an afterthought. Other experts agreed, and provided additional guidance: “Improving the experience of employees while maintaining security can be tricky. Caution is king, however.

Measurement 122

Measurement Risk Experimentation Enterprise 122