Occam's Razor

AUGUST 9, 2021

Almost all metrics you currently use have one common thread: They are almost all backward-looking. If you want to deepen the influence of data in your organization – and your personal influence – 30% of your analytics efforts should be centered around the use of forward-looking metrics. Predictive metrics!

Metrics 142

Metrics Analytics Key Performance Indicator Predictive Modeling 142

datapine

SEPTEMBER 29, 2022

6) Data Quality Metrics Examples. Reporting being part of an effective DQM, we will also go through some data quality metrics examples you can use to assess your efforts in the matter. It involves: Reviewing data in detail Comparing and contrasting the data to its own metadata Running statistical models Data quality reports.

Data Quality 241

Data Quality Metrics Data-driven Management 241

IBM Big Data Hub

DECEMBER 8, 2023

.” This same sentiment can be true when it comes to a successful risk mitigation plan. The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events.

Risk 73

Risk Strategy Risk Management Insurance 73

CIO Business Intelligence

APRIL 21, 2022

And if you think you need metrics to manage you might be feeling guilty about not having enough of them. Good metrics are hard to craft, harder to manage, expensive to maintain, and perishable besides. Bad metrics, in contrast, are easier all the way around, but that doesn’t matter. Bad metrics are worse than no metrics.

Metrics 101

Metrics IT Cost-Benefit Measurement 101

AWS Big Data

JUNE 27, 2023

Our previous solution offered visualization of key metrics, but point-in-time snapshots produced only in PDF format. In this post, we discuss how we built a solution using QuickSight that delivers real-time visibility of key metrics to public sector recruiters. We can pick what we need, and use what we need with pay-as-you-go pricing.

Metrics 97

Metrics Dashboards Interactive Visualization 97

O'Reilly on Data

JUNE 15, 2023

Should we risk loss of control of our civilization?” If we want prosocial outcomes, we need to design and report on the metrics that explicitly aim for those outcomes and measure the extent to which they have been achieved. If every company had a different way of reporting its finances, it would be impossible to regulate them.

Metrics 283

Metrics Reporting Measurement Finance 283

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 more models, it’s becoming clear that we will need to think beyond optimizing statistical and business metrics. Continue reading Managing risk in machine learning. Real modeling begins once in production.

Machine Learning 220

Machine Learning Risk Management Statistics 220

Jet Global

JUNE 5, 2020

An insurance Key Performance Indicator (KPI) or metric is a measure that an insurance company uses to monitor its performance and efficiency. Insurance metrics can help a company identify areas of operational success, and areas that require more attention to make them successful. KPIs and Reporting in the Insurance Industry.

Insurance 59

Insurance Metrics Reporting KPI 59

O'Reilly on Data

OCTOBER 30, 2023

Operational Metrics. Methods by which the AI provider manages and mitigates risks identified via Red Teaming, including their effectiveness. Like other internet-available services, AI models are not static artifacts, but dynamic systems that interact with their users. Energy usage and other environmental impacts.

Measurement 296

Measurement Risk Modeling Metrics 296

DataKitchen

JUNE 1, 2022

Is the data in the report I am looking at “fresh”? What are my pass/fail metrics over time in production? How do other organizations solve this risk problem? The biggest risk of all is space flight. How do SpaceX and NASA manage risk? For example: Data. Did my source files/data arrive on time?

Risk 130

Risk Management Testing Dashboards 130

CIO Business Intelligence

NOVEMBER 15, 2023

One vehicle might be an annual report, one similar to those that have been published for years by public companies—10ks and 10qs and all those other filings by which stakeholders judge a company’s performance, posture, and potential. Such a report has a legacy already, if only a short one. Good question. Let’s start with Performance.

Publishing 119

Publishing Reporting IT Finance 119

FineReport

JUNE 19, 2023

Operational reports have the potential to greatly enhance business performance through the utilization of data-driven insights. These reports offer a structured and comprehensible representation of data, enabling a clearer understanding of complex issues that might otherwise remain elusive. What Is An Operational Report?

Operational Reporting 52

Operational Reporting Reporting Key Performance Indicator Dashboards 52

Corinium

APRIL 9, 2019

Established B2C companies risk getting left behind. Most established B2C companies fall below the median across key metrics, implying that undertaking a digital transformation is urgently needed. So, what are you waiting for? Download your copy!

Reporting 150

Reporting Digital Transformation Metrics Data-driven 150

Corinium

APRIL 9, 2019

Established B2C companies risk getting left behind. Most established B2C companies fall below the median across key metrics, implying that undertaking a digital transformation is urgently needed. So, what are you waiting for? Download your copy!

Reporting 150

Reporting Digital Transformation Metrics Data-driven 150

DataRobot Blog

JUNE 27, 2022

If the assumptions are being breached due to fundamental changes in the process being modeled, the deployed system is not likely to serve its intended purpose, thereby creating further model risk that the institution must manage. Monitoring Model Metrics. Figure 1: Data drift tab of a deployed DataRobot model.

Risk 59

Risk Modeling Metrics Measurement 59

FineReport

FEBRUARY 17, 2021

What is Project Management Report? A project management report is a high-level overview of the current status of a project. Why is project management report critical? In short, project reporting provides project stakeholders with a window into what’s happening and what to do about it for the entire team.

Reporting 98

Reporting Management Dashboards Risk 98

IBM Big Data Hub

AUGUST 17, 2023

In fact, according to Flexera’s 2023 State of the Cloud report , for the first time in a decade, “managing cloud spend” (82%) surpassed “security” (79%) to become the number one challenge facing organizations across the board. Overprovisioning is the go-to strategy for avoiding performance risks.

Risk 62

Risk Metrics Dashboards Optimization 62

Cloudera

OCTOBER 20, 2021

As part of these efforts, disclosure requirements will mandate that firms provide “the impact of a company’s activities on the environment and society, as well as the business and financial risks faced by a company due to its sustainability exposures.” What are the key climate risk measurements and impacts? They need to understand;

Risk 80

Risk Modeling Risk Management Measurement 80

IBM Big Data Hub

APRIL 15, 2024

The latest findings of the IBM X-Force® Threat Intelligence Index report highlight a shift in the tactics of attackers. To gauge the effectiveness of our program, we must address a fundamental question: to what extent have we mitigated the risk of a cybersecurity incident stemming from human error?

Metrics 95

Metrics Measurement Risk Data Processing 95

FineReport

DECEMBER 29, 2021

Metrics dashboards enable you and your team to track the effectiveness of various tactics, campaigns, and processes. These KPI metrics are critical data to analyze and evaluate a company’s sales, human resources, and marketing, and operational activities. Dashboard metrics from FineReport. What is dashboard metrics.

KPI 52

KPI Metrics Dashboards Key Performance Indicator 52

FineReport

MAY 9, 2023

A digital marketing report is essential for any business that wants to generate new customers and sales. A successful marketing strategy includes modern business intelligence software and marketing reports that provide detailed data insights. Marketing, sales, and financial management would be impossible without reports.

Reporting 52

Reporting Marketing Advertising Metrics 52

DataRobot Blog

MAY 10, 2022

Addressing the Key Mandates of a Modern Model Risk Management Framework (MRM) When Leveraging Machine Learning . The regulatory guidance presented in these documents laid the foundation for evaluating and managing model risk for financial institutions across the United States.

Risk 64

Risk Modeling Machine Learning Data Quality 64

bridgei2i

NOVEMBER 20, 2020

Episode 2: AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. Today the Chief Risk Officers(CROs) struggle with the critical task of monitoring and assessing key risks in real time and firefight to mitigate any critical issues that arise.

Risk Management 92

Risk Management Risk Management Metrics 92

CIO Business Intelligence

APRIL 8, 2024

Working with partner Amazon Web Services (AWS), the NFL has developed Digital Athlete, a platform that uses computer vision and ML to predict which players are at the highest risk of injury based on plays and their body positions. Souza’s advice: Cultivate curiosity. Capel-Davies’ advice: Focus on communication.

Analytics 104

Analytics Broadcasting Predictive Analytics Metrics 104

AWS Big Data

FEBRUARY 1, 2024

The following are some of the key business use cases that highlight this need: Trade reporting – Since the global financial crisis of 2007–2008, regulators have increased their demands and scrutiny on regulatory reporting. You can run a direct query from QuickSight for BI reporting and dashboards.

Data Warehouse 121

Data Warehouse Dashboards Risk Management Risk 121

CIO Business Intelligence

MARCH 12, 2024

And 2024 looks to be that kind of year, with John-David Lovelock, distinguished VP analyst, reporting that “IT spending will be driven by more traditional forces, such as profitability, labor, and dragged down by a continued wave of change fatigue.” The average cost of a data breach is $4.64

ROI 117

ROI IT Manufacturing Metrics 117

Rocket-Powered Data Science

JULY 21, 2023

When I reviewed highlights from last year’s Splunk.conf22 conference in my summary report at that time, I focused a lot on the Splunk Observability Cloud and its incredible suite of Observability and Monitoring products and services. This reflected my strong interest in observability at that time. Leaders are 7.9x

Machine Learning 189

Machine Learning Metrics Reporting Internet of Things 189

IBM Big Data Hub

APRIL 19, 2024

Asset performance management (APM) processes, such as risk-based and predictive maintenance and asset investment planning (AIP), enable health monitoring technologies. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets. Risk-based asset strategies align maintenance efforts to balance costs and risks.

Management 90

Management Internet of Things Risk IoT 90

Jet Global

JUNE 23, 2020

Reporting has always been necessary, but now it’s paramount. Acting without this information in the most comprehensive and current form possible exposes the accounting department (and by extension the company as a whole) to the risk of preventable mistakes and misunderstandings at a moment that demands perfection.

Reporting 98

Reporting Uncertainty Metrics Measurement 98

Jet Global

MARCH 31, 2020

A recent survey exploring the state of corporate reporting contained an interesting revelation: In the US, 83 percent of respondents agreed that today’s corporate reporting model isn’t suited to an increasingly digital business climate. Pick Metrics to Track. Identify Relevant Data Sets.

Reporting 72

Reporting Enterprise Key Performance Indicator Metrics 72

Sisense

MAY 13, 2021

In this article, we’ll look at how DNV took intelligence from its massive datasets and put the right bits of information into its platforms in the right way (not simply embedding reports and dashboards) to drive impact for its users. Understanding the difference: Reports vs. analytic application.

Reporting 59

Reporting Analytics Dashboards Key Performance Indicator 59

O'Reilly on Data

APRIL 23, 2024

There is a great deal of discussion about the risks and benefits of AI, but it is generally focused narrowly on the technical capabilities of AI tools and whether continued advances will eventually put AI beyond human control, leading to possible disaster. I think not.

Advertising 252

Advertising Cost-Benefit Marketing Risk 252

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

Smart Data Collective

JUNE 19, 2019

A report by China’s International Data Corporation showed that global data would rise to 175 Zettabyte by 2025. The Relationship between Big Data and Risk Management. While the sophisticated Internet of Things can positively impact your business, it also carries a significant risk of data misuse. Vendor Risk Management (VRM).

Risk Management 70

Risk Management Risk Management Big Data 70

FineReport

MAY 27, 2022

The fluent operation of a company cannot be achieved without frequent financial reports. Through financial reporting, people will obtain an overview of the company’s financial status and predict future financial development. Therefore, it is necessary to access the basic information about a financial report first.

Reporting 52

Reporting Dashboards KPI Metrics 52

Jet Global

MARCH 11, 2020

Yet there is a stumbling block that hinders finance managers: reporting. Financial users are under constant pressure to create a myriad of reports, from the typical period finance reports such as income statements, balance sheets, P&L, etc., 5 Things Not to do When Choosing a Reporting Tool. View Guide Now.

Reporting 72

Reporting Management Finance Insurance 72

CIO Business Intelligence

MARCH 25, 2024

This article explores how CIOs can address each of their CFO’s key concerns when moving away from project-based teams to persistent funding, including the need to better track ROI, reduce risk, and reduce cost. This approach enabled Finance and business stakeholders to use data insights to see the metrics move as the year progressed.

Modeling 119

Modeling Cost-Benefit IT ROI 119