Python Code Performance Measurement – Measure the right metric to optimize better!

Analytics Vidhya

The post Python Code Performance MeasurementMeasure the right metric to optimize better! Beginner Python Technique blogathon Code Performance MeasurementArticleVideos This article was published as a part of the Data Science Blogathon.

Decluttering the performance measures of classification models

Analytics Vidhya

Introduction There are so many performance evaluation measures when it comes to. The post Decluttering the performance measures of classification models appeared first on Analytics Vidhya. This article was published as a part of the Data Science Blogathon.

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The business benefits of measuring lost sales

Phocas

Understanding the reasons behind lost sales is critical to stopping the leak and increasing sales in the future. Performing a lost sales analysis is one of the best ways to identify where improvements to your sales strategy are needed.

Getting Started with Analytics: The Actionable and Measurable Way

Analytics Vidhya

The post Getting Started with Analytics: The Actionable and Measurable Way appeared first on Analytics Vidhya. ArticleVideos This article is the last in a series of four, where we mention some of the most discussed points to keep in mind.

ABCs of Data Normalization for B2B Marketers

Data normalization. It’s not a far stretch to suggest that the topic isn’t exactly what gets marketers excited in their day-to-day workflow. However, if lead generation, reporting, and measuring ROI is important to your marketing team, then data normalization matters - a lot. In this eBook, we’ll break down the ins and outs of data normalization and review why it’s so critical for your marketing strategies and goals!

A Measure of Bias and Variance – An Experiment

Analytics Vidhya

Introduction One of the most used matrices for measuring model performance is. The post A Measure of Bias and Variance – An Experiment appeared first on Analytics Vidhya. This article was published as a part of the Data Science Blogathon.

Are you measuring lost sales opportunities?

Phocas

Measuring lost sales enables your sales team to identify when and where they are falling short, so they are able quickly remedy any issues to the customer’s satisfaction. Businesses spend, on average, five times more money to acquire new customers, than they do to retain the ones they have.

Key performance measures to track from finance data

Phocas

Key performance measures help people evaluate actual performance against objectives, so they know what levers to pull to stay on track. The significance of having the ability to measure financial KPIs means businesses can get closer to customers.

How To Measure Employee Engagement With Data

DataFloq

How does a business go about measuring employee engagement using its data then?The Employee engagement isn't a clearly defined term, and what it means will differ by who you ask. Forbes points out that employee engagement isn't the same as employee happiness.

Data Quality — You’re Measuring It Wrong

DataFloq

It’s the law of bad data — there’s always more of it.Traditional methods of measuring data quality are often time and resource-intensive, spanning several variables, from accuracy (a no-brainer) and completeness, to validity and timeliness (in data, there’s no such thing as being fashionably late). This article was first posted on Towards Data Science.One of our customers recently posed this question:“I would like to set up an OKR for ourselves [the data team] around data availability.

New Study: 2018 State of Embedded Analytics Report

The company was making a shift to a SaaS (Software as a Service) model— which requires adopting new ways of thinking, changing organizational models, constantly measuring, and. Of course, growth isn’t the only important measure of company success. nearly every evaluated measure.

The KPIs every manufacturer should know and measure

Phocas

When it comes to achieving success in manufacturing, the industry is way beyond the idea that data matters. Manufacturers and the decision-makers that run them understand the value of data and are turning to BI strategies and manufacturing KPIs in times of uncertainty.

What's at stake in California's November gig worker ballot measure

DataFloq

Here is a look at the main points of Proposition 22, the ballot measure California voters will decide on Nov. By Tina Bellon.

Measuring Maturity

Peter James Thomas

The author, engaged in measuring maturity – © Jennifer Thomas Photography – view full photo. In the thirteen years that have passed since the beginning of 2007, I have helped ten organisations to develop commercially-focused Data Strategies [1]. I last wrote about the process of creating a Data Strategy back in 2014 and – with the many changes that the field has seen since then – am overdue publishing an update, so watch this space.

Sustainable Behavior Change: Metrics, Measurements and Methods

Corinium

Corporate Learning CLO

Quantifying a Culture of Innovation

Dutch government orders further anti-spying measures for telecoms

DataFloq

AMSTERDAM (Reuters) - The Dutch government on Wednesday ordered a raft of new security regulations for telecommunications providers, including rules on equipment and software suppliers and a requirement that only people with background checks are allowed access to networks.

[eBook]: The KPIs consumer goods businesses must know and measure

Phocas

Competition in the consumer packaged goods (CPG) industry is fierce. Whether you are a CPG distributor, wholesaler or retailer, you are likely working to improve efficiencies, reduce costs from your supply chain and manage margins to squeeze as much profit as you can from every transaction.

7 metrics every sales manager must know and measure

Phocas

Here's the 7 metrics every sales manager must know and measure. Sales managers need to be savvy and strategic to get ahead. Job Role - Sales

Japan's Zozo says new body-measuring suit overcomes flaws of original

DataFloq

TOKYO (Reuters) - Japanese online fashion retailer Zozo Inc says the successor to its "Zozosuit" body-measuring suit has solved the flaws that sank its earlier version. By Sam Nussey.

Measuring Models' Uncertainty: Conformal Prediction

Dataiku

For designing machine learning (ML) models as well as for monitoring them in production, uncertainty estimation on predictions is a critical asset. It helps identify suspicious samples during model training in addition to detecting out-of-distribution samples at inference time. Featured Tech Blog

Measuring Fairness in Machine Learning Models

Dataiku

In our previous article , we gave an in-depth review on how to explain biases in data. The next step in our fairness journey is to dig into how to detect biased machine learning models. Tech Blog

California drivers sue Uber over in-app messages asking to support ballot measure

DataFloq

Reuters) - California Uber Technologies Inc drivers on Thursday sued the ride-hailing company over in-app messages regarding an upcoming gig worker ballot measure that the drivers say violate a California law protecting their political rights. By Tina Bellon.

How to measure stock on hand, over stock, under stock and dead stock quickly and simply

Phocas

It is important for companies that manage lots of products to evaluate how the impact of the disruptions, as well as the anticipated gradual recovery from its effects, should be applied to its measurement of inventory. By measuring stock on hand, over stock, under stock and dead stock regularly will help you be more in control of your inventory and supply products customers want. Many businesses are adjusting demand forecasting due to the effects of the pandemic.

Pitfalls When Measuring The Success Of Analytics Programs

DataFloq

There are many factors that go into making an enterprise analytics and data science program a success. At IIA, the application of our Analytics Maturity Assessment methodology to hundreds of companies over the past several years has allowed us to identify some important and intriguing patterns. Here, I’ll walk through a few of the patterns IIA has identified that can appear counter-intuitive at first but make perfect sense upon reflection. Capability Without Awareness & Adoption = Failure!Many

CSAT KPIs: Measuring What Customers Really Think

Smart Data Collective

Customer satisfaction (CSAT) metrics are a powerful tool for businesses, but despite the way we talk about it, satisfaction isn’t something you can easily measure. Instead, we typically measure satisfaction by proxy, based on answers to more easily quantifiable questions – and though there are companies that do try to measure satisfaction directly, they’re less likely to be collecting actionable data.

How Can You Use Analytics to Measure Employee Engagement?

Smart Data Collective

And how can you measure or improve employee engagement in your organization? How to Measure Employee Engagement. There are a few different ways to measure employee engagement, though each area has weaknesses: Direct surveys.

Create Meaningful Measurement, Not A Mess Of Metrics

Forrester's Customer Insights

Before we drown in dashboard dystopia, let’s swing the pendulum back to create meaningful metrics and measurement that will move your business forward and at the same time drive the outcomes that your customers want. At Forrester’s Customer Experience North America virtual event on June 16–18, we have an entire track dedicated to meaningful measurement where we’ll explore how both CX professionals and marketers can up their measurement game across six dimensions.

Brand Measurement: Analytics & Metrics for Branding Campaigns

Occam's Razor

One of the ultimate excuses for not measuring impact of Marketing campaigns is: "Oh, that's just a branding campaign." It is criminal not to measure your direct response campaigns online. I also believe that a massively under appreciated opportunity exists to truly measure impact of branding campaigns online. The Top Secret Hidden Never To Be Reveled Come Hell Or High Water Key To Measuring Branding Campaigns: Answer this simple question: Why %&#$!^

Dataiku's Commitment to Measuring and Offsetting Our Environmental Impact

Dataiku

This is why we are actively committed to measuring, controlling, and offsetting our environmental impact in an ambition to strike the right balance between growth and mitigating contributions to climate change.

Does Your Organization Process Data? 4 Critical Cybersecurity Measures You Need

Smart Data Collective

If you process data of any kind – even if you only collect email addresses – you need strong cybersecurity measures. Make sure you have the following cybersecurity measures in place. 4 Critical Cybersecurity Measures You Need appeared first on SmartData Collective.

Digital Marketing and Measurement Model

Occam's Razor

Winners, well before they think data or tool, have a well structured Digital Marketing & Measurement Model. This article guides you in understanding the value of the Digital Marketing & Measurement Model (notice the repeated emphasis on Marketing, not just Measurement), and how to create one for yourself. I've developed the Digital Marketing & Measurement Model as a simple, structured, five step process to infuse this much needed thinking.

Excellent Analytics Tips #20: Measuring Digital "Brand Strength"

Occam's Razor

Bonus One: Read: Brand Measurement: Analytics & Metrics for Branding Campaigns ]. There are many different tools, both online and offline, that measure the elusive metric called brand strength. It's elusive because brand strength is, at its core deeply qualitative and none of us measurement types can really see inside your hearts and draw charts of the evolution of what's in your heart over time. I love using this tool to measure " unaided brand recall."

One-size-doesn’t-fit-all as BI solution helps shoe retailer measure performance

Phocas

Allegro Funds, an Australian private equity firm, acquired Number One Shoes and Hannah’s retailers in 2017. With a network of 110 bricks and mortar stores across New Zealand and a combined market share of 30 per cent – the business is the perfect fit for Allegro, which specialises in investing in mid-market companies with transformation potential.

Power BI Product Suggestion: Show Measure Dependencies

Paul Turley

I was just working on a client project where we have several complex measures that reference other measures. Sometimes it can be hard to keep all these dependencies in mind. As a feature, it would be great for Power BI Desktop to show these dependencies and navigate between them. I think there’s a lot of … Continue reading → Microsoft BI Platform

Key Metrics to Measure Performance of Your Healthcare App

Perficient Data & Analytics

As a result, it’s imperative to measure the performance of mobile apps. Understanding user engagement, satisfaction, and app performance are critical to measuring the success of your mobile app. I would love to hear the challenges or success you’re experiencing in measuring your mobile app performance.

Give up those Measures and Metrics to Succeed – Really

Andrew White

If bureaucrats start to measure something, it won’t be long before they start to meddle in it. In data and analytics we all know the phrase, ‘you can’t manage what you don’t measure’. This is a wise management message that we have all taken to heart, what with our love for metrics, KPIs, and performance measures. Can our businesses work better if we turn off and away from all our build up performance measures and indicators?

How Insurance Companies Use Data To Measure Risk And Choose Rates

Smart Data Collective

Here is the type of data insurance companies use to measure a client’s potential risk and determine rates. Telematics is changing how insurance companies assess risk as it measures individual driver behavior rather than basing it on average group data. Insurers can more accurately measure risk and, if the odds are in their favor, consumers can benefit from lower insurance rates.

See, Think, Do, Care Wining Combo: Content + Marketing + Measurement!

Occam's Razor

We can talk about Content AND Marketing AND Measurement. Once you have a critical-enough marketing budget (this could be $10k, really the bar is quite low), you should have measurement strategy. and measurement (soon after!) In an attention-fragmented world, you need great marketing and, if you are reading this blog you know this already, you need great measurement. If you have a gun to your head, choose Content + Measurement.

Why Measuring ROI for AI Is an Art, Not a Science

Dataiku

Before even jumping into the measurements and calculations, it’s important to understand the scope. Are you measuring ROI gained from a data platform or a series of data initiatives themselves? When it comes to calculating the return on investment (ROI) of data science, machine learning, and AI projects, there’s a lot to unpack. Are you modifying a previously existing strategy for tackling ROI or creating one from scratch? Scaling AI Featured

ROI 47