Occam's Razor

SEPTEMBER 24, 2012

A Facebook employee (FBe) gave a talk about measuring ROI/Value of Facebook campaigns. Here's a summary of the case study presented: 1. So to imply the ROI in Step 4 is sub-optimal. From the data presented, there is no way to tell if the Facebook campaign worked or not. It is a lovely emotional video (really was!).

Advertising 165

Advertising ROI Metrics Marketing 165

CIO Business Intelligence

MAY 8, 2024

I’ve witnessed firsthand any number of incredible things that intelligent applications of data – all of which now get put under the general-purpose label of “AI” – can accomplish and am enthusiastic about the opportunities it presents in the near and distant future. Artificial Intelligence, ROI and Metrics

Metrics 116

Metrics Data-driven ROI Marketing 116

datapine

APRIL 13, 2021

Today agencies should focus on driving valuable insights from their data and presenting them in an understandable way for stakeholders to see; in other words, crowded excel sheets or infinite PowerPoint presentations are no longer enough. This is where modern agency reports come into the picture. Social media agency dashboard.

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

IBM Big Data Hub

MARCH 4, 2024

By becoming an AI+ enterprise, clients can realize the ROI not only for the AI use case but also for improving the related business and technical capabilities required to deliver AI use cases into production at scale. times higher ROI. times higher ROI. This often leads to a disappointing experience due to slow response times.

Enterprise 107

Enterprise ROI Risk Strategy 107

CIO Business Intelligence

JANUARY 25, 2023

Even by making small advances in this IT arena, teams can deliver large business benefits and demonstrable return on investment (ROI). Realizing an ROI of 160% The holy grail for network operations is to move from modern observability to experience-driven network observability. million and an ROI of 160%. Networking

IT 98

IT Cost-Benefit ROI Software 98

Smarten

FEBRUARY 13, 2024

In this article, we discuss some of the primary factors you must consider to build and present your initiative to the various audiences within your organization. Keep your presentation at a high level, but be sure you have the details to answer their questions if and when they arise. Be prepared before you approach your executive team.

Analytics 67

Analytics Cost-Benefit ROI Reporting 67

CIO Business Intelligence

MARCH 23, 2023

So how can you request a new investment from your decision-makers while ensuring minimal costs and maximum ROI this year? Compile this information and use it as part of your analysis and presentation to decision-makers. Present these benefits in a clear and concise way, using data and real-world examples to support your case.

Scorecard 59

Scorecard Cost-Benefit ROI IT 59

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. Don’t present too much data. Nobody likes feeling manipulated in any way, shape, or form.

Visualization 267

Visualization Metrics Statistics Dashboards 267

datapine

SEPTEMBER 29, 2022

More generally, low-quality data can impact productivity, bottom line, and overall ROI. No, its ultimate goal is to increase return on investment (ROI) for those business segments that depend upon data. Industry-wide, the positive ROI on quality data is well understood. Data Quality Management Best Practices.

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

FEBRUARY 20, 2024

Artificial intelligence presents a case in point. 13: “Outline the project’s value and ROI before implementation.” Or, rather, ignore the part about ROI. Sometimes knowing history (aka “remembering what happened”) can keep you out of trouble. To succeed with AI, your rollout could benefit from a rear-view mirror. Don’t do this.

ROI 130

ROI Data-driven Strategy Marketing 130

CIO Business Intelligence

APRIL 10, 2023

The title of my presentation has been “Digital Transformation Strategy,” subtitled “How to effectively exploit the IT resource to gain sustained competitive advantage.” When I present to future MBAs, I focus on four central issues that business executives most often get wrong about IT. One final thing.

IT 99

IT ROI Sales Reporting 99

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%.

Unstructured Data 92

Unstructured Data Data-driven ROI Machine Learning 92

CIO Business Intelligence

FEBRUARY 28, 2024

The overwhelming consensus is that SD-WAN presents a compelling solution, addressing both technical and operational challenges. While SD-WAN may represent a higher initial investment compared to traditional routers, the long-term return on investment (ROI) is significant.

Cost-Benefit 98

Cost-Benefit Digital Transformation ROI Strategy 98

CIO Business Intelligence

OCTOBER 6, 2022

They have clearly defined deadlines, specific cost estimates and deliverables, and calculated and expected ROI. As a result, with R&D type projects, ROI can’t be reliably calculated; deliverables, other than status and budget reports, can’t be predicted; and total cost to implementation can’t be effectively estimated.

IT 145

IT Cost-Benefit ROI Software 145

CIO Business Intelligence

APRIL 6, 2022

He added: “The strategy around cloud is not ROI on a case-by-case basis. Shamim Mohammad, EVP and chief information and technology officer at CarMax , will present a case study on how the cloud enables the company’s signature “Instant Offer” feature. It’s a must if a company wants to stay relevant.”.

B2B 131

B2B Strategy Digital Transformation ROI 131

CIO Business Intelligence

APRIL 4, 2024

Access to digitized records as well as analytics and AI tools gives public defenders like Cox the time required to present clients’ cases more thoroughly and build a better defense, which in Johnny’s case led to a treatment program instead of prison time.

Digital Transformation 112

Digital Transformation Data Lake ROI Modeling 112

CIO Business Intelligence

MAY 9, 2023

This bill presents a huge challenge to IT to maintain its cordial relationships especially if it is higher than the budget estimates. The only way to measure IT is to enforce a requirement that all large scale new or modified system projects are analyzed, after completion, to verify that the objectives were met and the ROI was proven.

ROI 52

ROI Sales Measurement Advertising 52

CIO Business Intelligence

MARCH 30, 2022

Using data to implement and improve processes lets organizations take advantage of the rapidly-evolving field of machine learning to gain significant ROI. In addition, it is important that organizations recognize ROI may be a long-term play, as short-term ROI may not fully reflect the potential technology brings.

Technology 98

Technology Internet of Things ROI IoT 98

CIO Business Intelligence

MAY 10, 2023

So from the business side, there was a lot of inefficiency getting data to the point where it was presentable to different audiences, which presented in its own right a big business problem for Betadam. In fact, the ROI was so high, we gained the trust of our executives to invest in a platform to begin centralizing data.”

Data-driven 121

Data-driven IT Digital Transformation Data Governance 121

CIO Business Intelligence

JANUARY 17, 2023

The PDF is a de facto electronic file format for a wide range of industries, giving organizations a reliable way to present information to others in a format that remains consistent no matter the user’s underlying hardware or software. But when it comes to PDF editors, a recent study from Forrester Consulting shows that this is not the case.

ROI 52

ROI Digital Transformation Risk Consulting 52

Smart Data Collective

AUGUST 22, 2022

Because of all the opportunities that it presents in building brand awareness and exposure, an increasing number of businesses depend on data to support their marketing efforts, and it’s a trend that’s likely to continue. Presents you with an objective assessment. Conclusion.

Data-driven 93

Data-driven Marketing Advertising Big Data 93

datapine

JANUARY 6, 2022

Yet, before any serious data interpretation inquiry can begin, it should be understood that visual presentations of data findings are irrelevant unless a sound decision is made regarding scales of measurement. The interpretation of data is designed to help people make sense of numerical data that has been collected, analyzed, and presented.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

CIO Business Intelligence

MAY 2, 2023

The new Generative AI models can go deeper into historical information, summarize it, and then present it in a human-like conversation. CarMax used the Azure OpenAI Service to analyze millions of reviews and present a summary. How long does it typically take for an organization to see a return on investment from Generative AI?

Cost-Benefit 98

Cost-Benefit Sales Visualization ROI 98

CIO Business Intelligence

APRIL 11, 2023

Leading the technology strategy at Novanta is Dr. Sarah Betadam, an experienced digital executive who, as presently the company’s CIO and CISO, is charged with delivering transformational solutions that scale operations and improve business agility, but she also helps drive business strategies and global objectives.

Modeling 98

Modeling IT Strategy Uncertainty 98

CIO Business Intelligence

OCTOBER 7, 2022

Each proposed IT infrastructure purchase presents decision-makers with difficult questions. And how do we demonstrate ROI in order to proceed? With well over 4,500 infrastructure assessments completed, HPE CloudPhysics already has a proven record of significantly increasing the ROI of infrastructure investments.

Data-driven 98

Data-driven IT Digital Transformation ROI 98

CIO Business Intelligence

MARCH 16, 2022

As a result, they have gained the ability to make significant inroads in meeting top-level business objectives, including improving ROI, speeding time to market, and delivering enhanced customer value. The virtual event will include presentations on the successful VSM implementations at Honda, Unum, and Verizon. Conclusion.

Management 98

Management Cost-Benefit Insurance ROI 98

Smart Data Collective

SEPTEMBER 29, 2022

OCR and Other Data Extraction Tools Have Promising ROIs for Brands. Optical character recognition is able to convert any text present on a medium into computer-readable textual data. To continue your document analysis, the second step extracts all the data present on the blue card. How does OCR work?

Data-driven 136

Data-driven Data Quality Optimization Insurance 136

IBM Big Data Hub

JANUARY 15, 2024

IBM Process Mining can also prioritize automation improvements based on the severity of the issue and the expected ROI, driving continuous improvement of processes by triggering corrective actions or generating RPA bots.

Digital Transformation 75

Digital Transformation Insurance Optimization ROI 75

Corinium

JUNE 6, 2019

present a significant barrier to adoption of the latest and greatest approaches. What do you recommend to organizations to harness this but also show a solid ROI? Progressing AI based solutions from proof of concept or minimum viable product (MVP) to production. Transforming the organization to collaborate/compete with insur-techs.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

Smart Data Collective

JANUARY 2, 2023

Marketers can boost their ROI significantly by leveraging data analytics strategically to boost their rankings. A product page is where your service or product is presented with its specification and where the customer can buy it. One of the many ways that marketers are leveraging data analytics is SEO.

Data Analytics 125

Data Analytics Analytics Data-driven Marketing 125

CIO Business Intelligence

NOVEMBER 20, 2023

Using generative AI as a part of the chatbot creation process is one of the most promising use cases at present, and certainly the least risky,” says Benedikt Schönhense, co-founder and head of data science at Springbok AI. Think of it as “My Fair Chatbot.” This article was originally published on The Works Generative AI

Interactive 130

Interactive Risk ROI Testing 130

IBM Big Data Hub

FEBRUARY 15, 2024

Don’t make employees struggle with out-of-the-box search and list views; dynamically present what they need in the flow of work, so they don’t have to leave the current task to find it. Infuse context and personalized content to enrich the entire experience and make it more relevant to individual customers.

Interactive 75

Interactive Sales ROI Reporting 75

CIO Business Intelligence

MARCH 3, 2024

Fortunately, there are tools available to deal with the specific security challenges presented by printers. The Foundry survey found three significant challenges forcing security leaders to redirect their focus: meeting governance and compliance regulations; budgetary constraints/demonstrating RoI and employee awareness and training issues.

IT 111

IT Measurement Risk Testing 111

CIO Business Intelligence

SEPTEMBER 11, 2023

Their tactics range from formal presentations, customized classes, hands-on demonstrations, and immersive experiences, to informal, periodic conversations. More frequently, IT leaders are seeing the value of educating their peers and stakeholders as a win-win for increasing buy-in and budget for digital initiatives.

Digital Transformation 135

Digital Transformation ROI Strategy Technology 135

Timo Elliott

SEPTEMBER 20, 2019

At the SAP UK Journey to the Top event this week, I presented a keynote on “How Data is Powering The Future of Business: Trends and Opportunities.” And a video of the presentation. The second-best time is NOW! Please find the slides below: ?.

ROI 68

ROI Machine Learning Data Quality Technology 68

Juice Analytics

JANUARY 9, 2023

Data Fluency training program : This will be similar to other L&D content employees take at their company like leadership or presentation skills training. One way we do this is by volunteering to present on large calls such as our Quarterly Business Reviews or internal townhalls, which so far has been eagerly accepted.

Analytics 64

Analytics Dashboards ROI Reporting 64

Alation

JULY 15, 2022

In other words, ethics and governance aren’t just about mitigating risk; with the right approach, they can boost profits, productivity, and ROI. This presents a challenge to data practitioners, and an opportunity. See how ethics can support ROI. Watch the full presentation here. How often do you think about ethics?

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89