DataRobot Blog

MAY 26, 2022

To start with, SR 11-7 lays out the criticality of model validation in an effective model risk management practice: Model validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses.

Risk 52

Risk Modeling Metrics Business Objectives 52

datapine

MARCH 31, 2022

To simplify things, you can think of back-end BI skills as more technical in nature and related to building BI platforms, like online data visualization tools. For example, you could be the one to extract actionable insights from specific retail KPIs that need to be visualized and presented during a meeting. BI developer.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

IBM Big Data Hub

JUNE 29, 2023

Continuous monitoring and performance management Integrated Business Planning is an ongoing process that requires continuous monitoring of performance against plans and targets. Key performance indicators (KPIs) are established to measure progress and enable proactive management.

Key Performance Indicator 83

Key Performance Indicator Forecasting Data Integration Sales 83

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

DataRobot Blog

JULY 21, 2022

Data scientists need to understand the business problem and the project scope to assess feasibility, set expectations, define metrics, and design project blueprints. If there is no forward-looking predictive component to the use case, it can probably be addressed with analytics and visualizations applied to historical data.

Machine Learning 98

Machine Learning Metrics Modeling Testing 98

AWS Big Data

JANUARY 31, 2024

Transaction cost analysis (TCA) is widely used by traders, portfolio managers, and brokers for pre-trade and post-trade analysis, and helps them measure and optimize transaction costs and the effectiveness of their trading strategies. TB distributed across approximately 300 compressed Parquet files NBBO – 2.8

Marketing 80

Marketing Analytics Visualization Strategy 80

datapine

AUGUST 29, 2022

And with that understanding, you’ll be able to tap into the potential of data analysis to create strategic advantages, exploit your metrics to shape them into stunning business dashboards , and identify new opportunities or at least participate in the process. Product/market fit is THE most important factor to get right.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

Domino Data Lab

FEBRUARY 4, 2019

Eric’s article describes an approach to process for data science teams in a stark contrast to the risk management practices of Agile process, such as timeboxing. The ability to measure results (risk-reducing evidence). I double-dare you not to visualize that cohort!

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

datapine

FEBRUARY 22, 2022

This includes defining the main stakeholders, assessing the situation, defining the goals, and finding the KPIs that will measure your efforts to achieve these goals. Improved risk management: Another great benefit from implementing a strategy for BI is risk management. Rely on interactive data visualizations.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

Andrew White

JANUARY 11, 2021

Coding skills – SQL, Python or application familiarity – ETL & visualization? Value Management or monetization. Risk Management (most likely within context of governance). Product Management. measuring value, prioritizing (where to start), and data literacy? Governance. Architecture.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

NOVEMBER 16, 2022

Specific, measurable, achievable, relevant, and time-bound (SMART) actions should be presented. These might includes measurements related to: the intellectual resources of the company. management satisfaction. These might includes measurements related to: the intellectual resources of the company. management satisfaction.

Reporting 94

Reporting Software Key Performance Indicator Dashboards 94