Smart Data Collective

DECEMBER 15, 2021

Data analytics is the process of drawing inferences from datasets to understand the information they contain. Whether marketers intend to reach new customers or persuade the existing ones, here are ways analytics is boosting returns on investment (ROI): 1. Increased Customer Growth. Personalized Services. Reduced Risks.

ROI 116

ROI Marketing Data Analytics Analytics 116

datapine

APRIL 13, 2021

As with any other business out there, agencies manage big amounts of data in the form of surveys, social media metrics, website performance, or any other information related to their client’s goals. Like this, you can tell a story with your information through dynamic charts and live metrics.

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

CIO Business Intelligence

JANUARY 10, 2024

Optimizing cloud investments requires close collaboration with the rest of the business to understand current and future needs, building effective FinOps teams, partnering with providers, and ongoing monitoring of key performance metrics. We need hard metrics because we’re running 800 instances of cloud computers.

Cost-Benefit 124

Cost-Benefit Measurement Optimization Metrics 124

datapine

APRIL 12, 2023

Here we explore the meaning and value of incremental sales in the world of business, as well as the additional KPI examples and metrics you should track to ensure ongoing success. To ensure you yield the results you desire, first establish your goals, then decide on the metrics that you will need to track to measure your performance.

Sales 176

Sales KPI Metrics Cost-Benefit 176

datapine

JUNE 7, 2022

From political issues to sports statistics and the recent report you received on the ROI of your company blog, the internet as well as informational reports are flooded with examples of misleading data visualization. If your information comes from cherry-picked sources, you will never drive the organization forward.

Visualization 267

Visualization Metrics Statistics Dashboards 267

CIO Business Intelligence

JUNE 9, 2023

Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 116

Strategy Management Key Performance Indicator ROI 116

Smarten

DECEMBER 8, 2023

Here are a couple of white papers to get you started: ‘ A Roadmap To ROI And User Adoption Of Augmented Analytics And BI Tools ,’ and ‘ Integrate Augmented Analytics And Digital Transformation To Achieve Continuous Business Improvement.’ Make the right decision, with the right information at your fingertips and move on to the next thing!

Digital Transformation 70

Digital Transformation ROI Forecasting Optimization 70

datapine

JULY 26, 2022

Enter small business dashboards and metrics. It does this by providing a centralized location for the most important data sources, giving owners the necessary information to make informed strategic decisions in real-time. What Are Small Business Metrics? For now, let’s dive into the next section of the post.

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Dashboards KPI Metrics Sales 151

Smart Data Collective

MAY 28, 2022

Fortunately, companies can use big data to optimize their business models. This is a stunning ROI. One of the most important ways for brands to improve their profitability with data analytics is through conversion rate optimization. You can procure data from analytics tools to optimize your landing pages to maximize conversions.

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Data Analytics Analytics Data mining ROI 106

Smart Data Collective

JUNE 30, 2022

Instagram has a sophisticated data analytics platform that makes it easier for advertisers to optimize their strategies for the highest possible ROI. It might seem difficult or even impossible to collect sufficient data to make informed decisions in that time. Big Data is Essential for Optimizing Instagram Stories Strategies.

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Data-driven Marketing Strategy Big Data 109

IBM Big Data Hub

NOVEMBER 29, 2023

In 2023, the IBM® Institute for Business Value (IBV) surveyed 2,500 global executives and found that best-in-class companies are reaping a 13% ROI from their AI projects—more than twice the average ROI of 5.9%. Non-symbolic AI can be useful for transforming unstructured data into organized, meaningful information.

Unstructured Data 93

Unstructured Data Data-driven ROI Machine Learning 93

Smart Data Collective

NOVEMBER 26, 2021

With the “big data” or insurmountable, high-volume amount of information, data analytics plays a crucial role in many business aspects, including revenue marketing. Data analytics make up the relevant key performance indicators ( KPIs ) or metrics necessary for a business to create various sales and marketing strategies.

Marketing 110

Marketing Data Analytics Key Performance Indicator Analytics 110

CIO Business Intelligence

OCTOBER 7, 2022

Every organization pursuing digital transformation needs to optimize IT from edge to cloud to move faster and speed time to innovation. And how do we demonstrate ROI in order to proceed? Optimize workloads across public and private clouds. But the devil’s in the details. Where should we modernize — on-premises or in the cloud?

Data-driven 98

Data-driven IT Digital Transformation ROI 98

datapine

JANUARY 28, 2020

The ability to monitor, visualize, and analyze relevant data gives today’s businesses, across a host of sectors, the power to understand their prospects, make informed decisions, increase efficiencies, and work towards a set of rewarding long term goals. Return on Investment (ROI). Primary KPIs: Cost per Acquisition (CPA).

Dashboards 199

Dashboards KPI Cost-Benefit Metrics 199

Smart Data Collective

MARCH 5, 2021

Email has an even better ROI if you combine it with AI-driven automation techniques and leverage data analytics effectively. For every dollar invested, email marketing generates an ROI of $51. You can use data analytics to split-test different subject lines and email copy, so that you can get the best possible engagement metrics.

Marketing 143

Marketing Data Analytics Analytics ROI 143

Smart Data Collective

DECEMBER 17, 2021

Understanding your marketing data to make more informed and successful marketing strategy decisions is a systematic process. These insights optimized his marketing efforts for better ROI and conversion rates. The first step is setting the goals and defining what success metrics you want to measure.

Marketing Analytics 93

Marketing Analytics Marketing Data-driven Analytics 93

datapine

NOVEMBER 5, 2019

In today’s information-rich age, there is a tangible link between online data analysis and business performance. Moreover, a dashboard of this kind also provides a panoramic view of real-time information, allowing key stakeholders within the business to make swift decisions that will ultimately save time and money. Interactivity.

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Dashboards Cost-Benefit Sales Metrics 220

datapine

JANUARY 7, 2020

In the digital age, brands, businesses, and organizations have a wealth of information at their fingertips: a level of insight that if leveraged correctly, not only has the power to offer a real competitive edge but provides the potential to innovate, inspire and create a well-oiled commercial machine that continues to evolve with the times.

Dashboards 149

Dashboards Reporting KPI Cost-Benefit 149

datapine

FEBRUARY 14, 2021

That’s why it’s critical to monitor and optimize relevant supply chain metrics. Finally, we will show how to combine those metrics with the help of modern KPI software and create professional supply chain dashboards. Your Chance: Want to visualize & track supply chain metrics with ease?

Metrics 260

Metrics KPI Dashboards Sales 260

Smart Data Collective

MAY 18, 2022

A high-quality testing platform easily integrates with all the data analytics and optimization solutions that QA teams use in their work and simplifies testing process, collects all reporting and analytics in one place, can significantly improve team productivity, and speeds up the release. Reporting: Get all information in a few minutes.

Testing 106

Testing Data Analytics Analytics Big Data 106

datapine

JULY 6, 2022

1) What Are Productivity Metrics? 3) Productivity Metrics Examples. 4) The Value Of Workforce Productivity Metrics. What Are Productivity Metrics? Productivity metrics are measurements used by businesses to evaluate the performance of employees on various activities related to their general company goals.

Measurement 243

Measurement Metrics KPI Sales 243

CIO Business Intelligence

JUNE 21, 2023

Technology leaders must now redefine their roles, beyond information technology, ITSM, and ITOM, to support dedicated imperatives that also simultaneously drive business innovation. Quantify the value: Use data and metrics to demonstrate the potential return on investment (ROI) of IT initiatives.

Modeling 105

Modeling Cost-Benefit Digital Transformation ROI 105

Smart Data Collective

APRIL 21, 2022

One of the most important benefits of data analytics pertains to optimizing websites for a good user experience. User experience optimization (UX) is becoming more important than ever. One study found that the ROI of UX strategies is 9,900%. This information can then be used to make predictions about what users want and need.

Data Analytics 116

Data Analytics Analytics Big Data Machine Learning 116

Smart Data Collective

OCTOBER 5, 2021

More companies are using analytics to expand the reach of their PPC campaigns and improve their ROI. With multiple layers of the campaign to work through and various targeting metrics to consider, it’s easy to get it wrong and waste your budget. This information can then be used to optimize your campaigns to drive greater success.

Analytics 119

Analytics Marketing ROI Testing 119

IBM Big Data Hub

SEPTEMBER 6, 2023

Audience segmentation: AI helps businesses intelligently and efficiently divide up their customers by various traits, interests and behaviors, leading to enhanced targeting and more effective marketing campaigns that result in stronger customer engagement and improved ROI.

Marketing 86

Marketing Technology Advertising ROI 86

Smart Data Collective

APRIL 5, 2021

Upon analysis, these user data can be transformed into valuable metrics that can be used to understand and also influence human behavior. The analysis provides metrics on overall site visits, consumer segments, bounce rate, page views, and retention time. Using Big Data for Web Development. Heat Map Analysis.

Big Data 107

Big Data IT Data-driven Sales 107

datapine

MAY 21, 2019

In the Age of Information, forward-thinking organizations are reaching exciting new levels by leveraging the capabilities of innovative new business intelligence (BI) solutions. They need to make quick and informed decisions. 1) Too expensive and hard to justify the ROI of BI. They also need these tools to generate a true ROI.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards Slice and Dice 183

datapine

MARCH 19, 2019

It offers ease of access through mobile devices, on the go, with critical metrics displayed at-a-glance. The interactive, user-friendly nature of these online dashboards means that it’s incredibly simple to leverage the insights before you and drill down deeper into particular pockets of information by making visualizations on mobile.

Dashboards 112

Dashboards Visualization Metrics KPI 112

IBM Big Data Hub

JUNE 29, 2023

Enterprises are constantly looking for new ways to optimize performance, increase reliability and extend asset lifespans—all without adding unnecessary costs. In order to take a proactive approach to asset reliability, maintenance managers rely on two widely used metrics: mean time between failure, (MTBF) and mean time to repair (MTTR).

Cost-Benefit 87

Cost-Benefit Measurement Management Predictive Analytics 87

IBM Big Data Hub

JUNE 20, 2023

Decision-makers must take into account many different pieces of information in order to gauge this, including the assets likely length of useful life, its projected performance over time and the cost of disposing of it. Valuation: A critical part of the planning stage is assessing the overall value of an asset.

Strategy 77

Strategy Management Cost-Benefit IoT 77

O'Reilly on Data

MARCH 31, 2020

At measurement-obsessed companies, every part of their product experience is quantified and adjusted to optimize user experience. These companies eventually moved beyond using data to inform product design decisions. What delivers the greatest ROI? How do you select what to work on?

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Management Machine Learning Experimentation Metrics 332

Smart Data Collective

JUNE 14, 2022

Use Data Analytics to Optimize Your Social Media Strategy. While social media marketing can be very beneficial, it won’t have a good ROI if you aren’t making informed decisions when creating content and optimizing your profiles. Check Your Metrics. Share in the comments!

Big Data 104

Big Data Data mining Metrics Sales 104

datapine

JULY 3, 2019

Here, we’ll examine 18 essential KPIs for social media, explore the dynamics and demonstrate the importance of social metrics in the modern business age with the help of a KPI software , and, finally, wrapping up with tips on how to set KPIs and make the most of your social platforms. Let’s get going. What Are Social Media KPIs?

Metrics 219

Metrics KPI Strategy ROI 219

IBM Big Data Hub

NOVEMBER 30, 2023

A talent acquisition strategy is a comprehensive plan an organization develops to optimize its talent acquisition—the identification, attraction and retention of the right talent. Create a compelling careers page: Build an organized and informative careers page on the company website. Describe the application process.

Strategy 69

Strategy Cost-Benefit Consulting Data-driven 69

FineReport

MAY 9, 2023

When it comes to deciding between brands, products, or offers, consumers have access to all the information they need, thanks to the growing power of the internet. As a result, you’ll be able to understand key metrics better and lay the groundwork for increasing conversions as a result.

Reporting 52

Reporting Marketing Advertising Metrics 52

BizAcuity

FEBRUARY 15, 2019

Over the years, the rise of information technology helped in the innovation of sales enablement solutions and software products. With more and more information became readily available online in the mid 2000s, companies started taking advantage of it by leveraging big data analytics.

Sales 67

Sales Analytics B2B ROI 67

Andrew White

DECEMBER 16, 2019

He was trying to validate a finding we already knew anecdotally: Most organizations do not follow a formal methodology for evaluating the return on investment for their information and technology investments and done use business outcomes to drive those efforts. As such an ROI would have been impossible. It’s called ROAR.

Uncertainty 40

Uncertainty ROI Metrics Strategy 40