O'Reilly on Data

JULY 28, 2020

The first step in building an AI solution is identifying the problem you want to solve, which includes defining the metrics that will demonstrate whether you’ve succeeded. It sounds simplistic to state that AI product managers should develop and ship products that improve metrics the business cares about. Agreeing on metrics.

Marketing 362

Marketing Experimentation Metrics Testing 362

Occam's Razor

APRIL 8, 2013

To win in business you need to follow this process: Metrics > Hypothesis > Experiment > Act. We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. That metric is tied to a KPI.

Metrics 156

Metrics KPI Analytics Key Performance Indicator 156

Smart Data Collective

JUNE 8, 2023

The Evolution of Data Collection in Football Traditionally, football relied on basic statistics such as goals, assists, and possession percentages to evaluate performance. Today, teams utilize sophisticated tracking systems, video analysis tools, and wearable devices to gather a wide range of performance metrics.

Data Analytics 83

Data Analytics Analytics Data Collection Statistics 83

datapine

MARCH 31, 2022

For example, if you enjoy computer science, programming, and data but are too extroverted to program all day long, you could work in a more human-oriented area of intelligence for business, perhaps involving more face-to-face interactions than most programmers would encounter on the job. Main Challenges Of A Business Intelligence Career.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

Occam's Razor

SEPTEMBER 24, 2012

FBe's recommendation was (paraphrasing a 35 min talk): Don't invent new metrics, use online versions of Reach and GRPs to measure success. Because we don't understand the uniqueness, we fall back on profoundly sub-optimal old world metrics like Reach or Online GRP equivalents. Metrics are a problem.

Advertising 165

Advertising ROI Metrics Marketing 165

FineReport

MARCH 7, 2024

As we explore examples of data analysis reports and interactive report data analysis dashboards, we embark on a journey to unravel the nuanced art of transforming raw data into meaningful narratives that empower decision-makers. These reports distill viewpoints for guiding operations based on statistics, hotspots, and audience analysis.

Dashboards 52

Dashboards Reporting Advertising Statistics 52

IBM Big Data Hub

DECEMBER 18, 2023

Real User Monitoring (RUM) data is information about how people interact with online applications and services. Does that imply that there are “fake” user metrics as well? Synthetic data is a statistical representation of reality. Think of it like an always-on, real-time survey of what your users experience online.

IT 71

IT Metrics Optimization Testing 71

Smart Data Collective

DECEMBER 9, 2021

Outside of that, it is important to know how your customers interact with your products, buying trends, what devices they use, what times they like to shop, and so much more. Testing can help businesses discover how customers interact with their business, understand the products to throw out and opportunities to enter new markets.

Big Data 129

Big Data Data-driven Key Performance Indicator Testing 129

Rocket-Powered Data Science

JULY 19, 2023

This was not a scientific or statistically robust survey, so the results are not necessarily reliable, but they are interesting and provocative. I recently saw an informal online survey that asked users which types of data (tabular, text, images, or “other”) are being used in their organization’s analytics applications.

Data-driven 186

Data-driven Enterprise Analytics Machine Learning 186

Smarten

APRIL 12, 2023

Smarten CEO, Kartik Patel says, ‘Smarten SnapShot supports the evolving role of Citizen Data Scientists with interactive tools that allow a business user to gather information, establish metrics and key performance indicators.’

Snapshot 52

Snapshot Key Performance Indicator KPI Business Intelligence 52

FineReport

MARCH 6, 2024

Users experience a well-designed and interactive page, showcasing simplicity in a two-dimensional layout. The platform’s flat nature allows for straightforward interaction, although when designers wish to incorporate additional content within a page, the format may become more complex.

Reporting 52

Reporting Operational Reporting Statistics Dashboards 52

datapine

NOVEMBER 5, 2019

By harnessing the insights, information, and metrics that are most valuable to key aspects of your business and understanding how to take meaningful actions from your data, you will ensure your business remains robust, resilient, and competitive. Interactivity. The Link Between Data And Business Performance. Instant insights.

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220

AWS Big Data

JUNE 6, 2023

They have to gather detailed data statistics, such as minimums, maximums, averages, and correlations. They have to then review the data statistics to identify data quality rules, and write code to implement these checks in their data pipelines. It takes days for data engineers to identify and implement data quality rules.

Data Quality 92

Data Quality Statistics Data Lake Visualization 92

datapine

MARCH 19, 2019

According to the statistics portal Statista , there are currently around 4.78 Mobile technology has changed the way we interact with the world around us, and when it comes to analyzing valuable business insights, mobile dashboards offer the freedom and flexibility to turn stats into success while you’re on the go.

Dashboards 112

Dashboards Visualization Metrics KPI 112

O'Reilly on Data

NOVEMBER 13, 2018

There are also many important considerations that go beyond optimizing a statistical or quantitative metric. As we deploy ML in many real-world contexts, optimizing statistical or business metics alone will not suffice. Models will need to be customized (for specific locations, cultural settings, domains, and applications).

Machine Learning 220

Machine Learning Risk Management Statistics 220

datapine

AUGUST 28, 2019

Stories inspire, engage, and have the unique ability to transform statistical information into a compelling narrative that can significantly enhance business success. a) Turn metrics into actionable concepts. As we’ve explored, knowing how to tell a story with data will empower you to turn metrics into actionable concepts or insights.

KPI 193

KPI Visualization Dashboards Data-driven 193

Ontotext

JUNE 22, 2023

Recent statistics shed light on the realities in the world of current drug development: out of about 10,000 compounds that undergo clinical research, only 1 emerges successfully as an approved drug. The current process involves costly wet lab experiments, which are often performed multiple times to achieve statistically significant results.

Metrics 52

Metrics Statistics Visualization Metadata 52

Sisense

SEPTEMBER 3, 2020

Besides strong technical skills (for instance, use of Hadoop, programming in R and Python , math, statistics), data scientists should also be able to tackle open-ended questions and undirected research in ways that bring measurable business benefits to their organization. See an example: Explore Dashboard.

Statistics 97

Statistics Metrics Visualization Finance 97

datapine

JULY 17, 2019

Typically presented in the form of an interactive dashboard , this kind of report provides a visual representation of the data associated with your predetermined set of key performance indicators – or KPI data, for short. Doing so will help you to identify potential strengths, weaknesses, trends, and possible areas for improvement.

KPI 223

KPI Reporting Key Performance Indicator Dashboards 223

DataKitchen

JANUARY 19, 2022

For example, after a Matillion job completes, DataKitchen pulls runtime variables like rowCount, invalid orders, and invalid zip codes and can perform historical balance, location balance, and statistical process control on these values. DataKitchen can interact with Matillion JSON files to make them, in effect, parameterized.

Testing 130

Testing Data Integration Data Warehouse Enterprise 130

DataRobot Blog

MAY 26, 2022

These methods provided the benefit of being supported by rich literature on the relevant statistical tests to confirm the model’s validity—if a validator wanted to confirm that the input predictors of a regression model were indeed relevant to the response, they need only to construct a hypothesis test to validate the input.

Risk 52

Risk Modeling Metrics Business Objectives 52

datapine

NOVEMBER 15, 2022

1) What Are Product Metrics? 2) Types Of Product Metrics. 3) Product Metrics Examples You Can Use. 4) Product Metrics Framework. The right product performance metrics will give you invaluable insights into its health, strength and weaknesses, potential issues or bottlenecks, and let you improve it greatly.

Metrics 141

Metrics KPI Measurement Dashboards 141

datapine

JANUARY 6, 2022

More often than not, it involves the use of statistical modeling such as standard deviation, mean and median. Let’s quickly review the most common statistical terms: Mean: a mean represents a numerical average for a set of responses. Standard deviation: this is another statistical term commonly appearing in quantitative analysis.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

datapine

MARCH 16, 2023

Dynamic bar chart – Interactive bar graph Remember when we mentioned that one of the disadvantages of bar graphs was their simple nature? The interactive (or dynamic) bar chart is basically a traditional bar chart that can be explored in real-time using interactive dashboard filters.

Visualization 196

Visualization KPI Cost-Benefit Dashboards 196

AWS Big Data

MAY 16, 2023

QuickSight meets varying analytics needs with modern interactive dashboards, paginated reports, natural language queries, ML-insights, and embedded analytics, from one unified service. If it takes 10 minutes to analyze one sensor, it will cause the engineering team around 500 minutes per day just to analyze the questionable smart sensors.

Dashboards 74

Dashboards Statistics Data Collection Business Intelligence 74

AWS Big Data

APRIL 3, 2024

Many organizations already use AWS Glue Data Quality to define and enforce data quality rules on their data, validate data against predefined rules , track data quality metrics, and monitor data quality over time using artificial intelligence (AI). The metrics are saved in Amazon S3 to have a persistent output. onData(df).useRepository(metricsRepository).addCheck(

Data Quality 87

Data Quality Visualization Metadata Metrics 87

IBM Big Data Hub

AUGUST 9, 2023

After the simulation, organizations also receive metrics on employee click rates and often follow up with additional phishing awareness training. Why phishing simulations are important Recent statistics show phishing threats continue to rise. million phishing sites.

Testing 82

Testing Measurement Behavioral Analytics Reporting 82

The Unofficial Google Data Science Blog

DECEMBER 14, 2021

Some of that uncertainty is the result of statistical inference, i.e., using a finite sample of observations for estimation. But there are other kinds of uncertainty, at least as important, that are not statistical in nature. Among these, only statistical uncertainty has formal recognition.

Uncertainty 56

Uncertainty Statistics Measurement Cost-Benefit 56

The Unofficial Google Data Science Blog

JANUARY 14, 2016

Unlike experimentation in some other areas, LSOS experiments present a surprising challenge to statisticians — even though we operate in the realm of “big data”, the statistical uncertainty in our experiments can be substantial. Because individual observations have so little information, statistical significance remains important to assess.

Experimentation 41

Experimentation Statistics Metrics Measurement 41

IBM Big Data Hub

AUGUST 7, 2023

AI algorithms have the potential to surpass traditional statistical approaches for analyzing comprehensive recruitment data and accurately forecasting enrollment rates. Recommendations can be presented through an interactive dashboard to facilitate understanding and enable stakeholders to make informed decisions.

Optimization 61

Optimization Forecasting Data-driven Strategy 61

Occam's Razor

MARCH 23, 2021

The other dimension to consider is most Analtyics teams kick into gear after the campaign is concluded, after the customer interaction has taken place in the call center, and after the funds budgeted have already been spent. The benchmark for the beautiful metric AVOC is 15.3%. It sounds complex, it is not. Here’s an example.

Analytics 131

Analytics Scorecard Strategy Testing 131

FineReport

AUGUST 17, 2021

At the same time, in the pattern of interactivity and data visualization, digital dashboard can realize its own in-depth exploration and analysis of data. Facilitate communication: Digital dashboard has the characteristics of sharing and interactivity, encouraging cross-departmental communication while breaking down communication barriers.

Dashboards 52

Dashboards Cost-Benefit Key Performance Indicator Sales 52

Cloudera

JULY 18, 2022

We will also compute some summary statistics on the fly so that we can have a real-time dashboard of what is happening. A dashboard feeds from the Kudu database to show fraud summary statistics. Then, take our interactive product tour or sign up for a free trial. Apache Flink.

Analytics 91

Analytics Dashboards Statistics Visualization 91

FineReport

MAY 9, 2023

As a result, you’ll be able to understand key metrics better and lay the groundwork for increasing conversions as a result. Insights into audiences’ behaviour They provide information on how users interact with your website, app, and other online properties. Marketing KPIs are a good starting point for you.

Reporting 52

Reporting Marketing Advertising Metrics 52

Cloudera

JUNE 28, 2022

A dashboard feeds from the Kudu database to show fraud summary statistics. The interactive experience makes it very easy to test and troubleshoot flows during the development process. Then, take our interactive product tour or sign up for a free trial. . Acquiring with Cloudera DataFlow.

Dashboards 85

Dashboards Machine Learning Statistics KPI 85

Smart Data Collective

MAY 20, 2021

It is important to be aware of the different online data analytics metrics and tools used to track people online, since they shape the direction of big data technology. General user’s statistics. Cookies were designed as a storage of information; by themselves, they represent no harm and can’t interact with the user’s computer.

Advertising 87

Advertising Analytics Big Data Insurance 87

Domino Data Lab

DECEMBER 4, 2020

Having calculated AUC/AUMC, we can further derive a number of useful metrics like: Total clearance of the drug from plasma. Domino Lab supports both interactive and batch experimentation with all popular IDEs and notebooks (Jupyter, RStudio, SAS, Zeppelin, etc.). The area under the first moment curve would respectively be. cl_f = NCA.cl(pain_nca)

Metrics 59

Metrics Data Science Knowledge Discovery Measurement 59