Occam's Razor

SEPTEMBER 24, 2012

A Facebook employee (FBe) gave a talk about measuring ROI/Value of Facebook campaigns. So to imply the ROI in Step 4 is sub-optimal. Compute ROI: (cost of Facebook campaigns + salary of people running campaigns + agency creative costs) vs. profit from incremental product sales. It is a lovely emotional video (really was!).

Advertising 165

Advertising ROI Metrics Marketing 165

Smart Data Collective

JULY 24, 2023

Sports organizations are leveraging analytics technology to make their social media marketing strategies more efficient and improve their ROIs. These graphics, showcasing team lineups, game statistics, and engaging visuals, enhance the fan experience and generate excitement leading up to a match.

Analytics Technologies 79

Analytics Technologies Marketing Technology Analytics 79

datapine

SEPTEMBER 6, 2022

Modern content performance reports in the shape of an interactive online dashboard present an intuitive and accessible way to assess your content’s success and its ROI in real-time and in one centralized location. Enter modern content reports. This is a great way to maximize your time and resources using real-time data.

Dashboards 179

Dashboards Reporting ROI Metrics 179

CIO Business Intelligence

MAY 9, 2024

This includes skills in statistical analysis, data visualization, and predictive modeling. And they should have a proficiency in data science and analytics to effectively leverage data-driven insights and develop AI models.

Risk Management 127

Risk Management Risk Cost-Benefit Technology 127

FineReport

APRIL 3, 2024

In today’s data-driven landscape, businesses are leaning more on BI tools , particularly BI dashboard solutions, to enhance decision-making through data visualization. Throughout this article, we’ll explore the importance of BI, data visualization, and dashboard tools in navigating intricate data landscapes.

Dashboards 52

Dashboards Visualization Metrics Interactive 52

Smarten

JUNE 25, 2018

This article provides a brief explanation of the definition and uses of the Descriptive Statistics algorithms. What is a Descriptive Statistics? Descriptive statistics helps users to describe and understand the features of a specific dataset, by providing short summaries and a graphic depiction of the measured data.

Statistics 40

Statistics Enterprise Measurement Business Intelligence 40

Smart Data Collective

AUGUST 10, 2021

Marketers use data the company collects to strategize and monitor the effectiveness of different campaigns so they can increase ROI (return on investment) and create more revenue for the company. People who are interested in data and statistics can do very well in a data science or analytics career. 5 Best Analytic Tools in 2021.

Analytics 129

Analytics Data-driven Advertising Data Science 129

Smart Data Collective

AUGUST 25, 2020

There are a number of variables that affect the ROI of digital marketing creatives. Search engines crawl metadata of image files, videos and other visual creative when they are indexing websites. Monitor engagement statistics in a more nuanced way. One of the most overlooked factors is metadata.

Data mining 109

Data mining Metadata Big Data ROI 109

Smarten

AUGUST 21, 2019

Using the Smarten approach, users can quickly and easily prepare and analyze data and visualize and explore data, notate and highlight data and share data with others. This 100% browser-based, mobile BI solution is flexible, scalable and easy to implement with minimal training and implementation time and unmatched ROI and TCO.

Analytics 51

Analytics Predictive Modeling Visualization Statistics 51

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

JUNE 4, 2020

A chief technology officer (also referred to as chief technical officer or chief technologist), has an immense responsibility to drive a company forward and lead the technological advancements, research, development, and management in order to generate business value and increase the return on investment (ROI). What Is A CTO Report?

Dashboards 130

Dashboards Reporting Metrics Visualization 130

Smart Data Collective

NOVEMBER 24, 2020

Increase in ROI. In the future of business intelligence, eliminating waste will be easier thanks to better statistics, timely reporting on defects and improved forecasts. Today, Microsoft’s Power BI leads the market of BI-a-a-S, being an excellent tool for data collection, analyzing and visualization. QlickSense.

Business Intelligence 131

Business Intelligence Visualization Dashboards Prescriptive Analytics 131

DataRobot

JANUARY 13, 2022

Many companies find that they have a treasure trove of data but lack the expertise to use it to improve ROI. Data scientists typically come equipped with skills in three key areas: mathematics and statistics, data science methods, and domain expertise. DataRobot is just such a platform.

ROI 52

ROI Machine Learning Experimentation Data Science 52

datapine

NOVEMBER 13, 2019

Fortunately, we live in a digital age rife with statistics, data, and insights that give us the power to spot potential issues and inefficiencies within the business. With the help of a dashboard designer , you can simply drag-and-drop your values and create interactive visualizations that will point out errors immediately.

Reporting 158

Reporting KPI Cost-Benefit Metrics 158

datapine

DECEMBER 17, 2019

The purpose is not to track every statistic possible, as you risk being drowned in data and losing focus. IT reports, visualized through a professional online dashboard , come in handy because they give an idea of the current situation in a glimpse.

Reporting 173

Reporting IT Key Performance Indicator Dashboards 173

datapine

MAY 17, 2021

Data discovery is a term used to describe the process for collecting data from various sources by detecting patterns and outliers with the help of guided advanced analytics and visual navigation of data, thus enabling consolidation of all business information. 4) Have interactive visualizations.

Visualization 161

Visualization Data-driven Business Intelligence Metrics 161

BizAcuity

MAY 16, 2022

He went on to be the head brewer of Guinness and we thank him for not just great hand-crafted beers but subsequent research breakthroughs in statistical research as well. All of which can be used to increase profitability, gain better ROIs, and be better adapted to changing economic landscape and consumer behavior.

Business Intelligence 52

Business Intelligence Data mining Visualization Data Lake 52

AWS Big Data

NOVEMBER 29, 2023

Redshift significantly improved our business ROI efficiency.” – PengBo Yang, CTO, JOYME Data pipelines can be challenging and costly to build and manage and can create hours-long delays to obtain transactional data for analytics. With Redshift, we are able to view risk counterparts and data in near real time— instead of on an hourly basis.

Data Warehouse 100

Data Warehouse Data Lake Analytics Machine Learning 100

datapine

MARCH 19, 2019

According to the statistics portal Statista , there are currently around 4.78 Here, we will consider what a mobile dashboard is, the dashboard mobile design, making visualizations on mobile, and real business examples to explain the benefits this most flexible of data-driven technology can offer your business.

Dashboards 112

Dashboards Visualization Metrics KPI 112

FineReport

DECEMBER 11, 2019

. – Head First Data Analysis: A learner’s guide to big numbers, statistics, and good decisions. You’ll learn about the concept of big data and how to use big data—from computing ROI and big data strategies that drive business cases to the overall development and specific projects. By Michael Milton.

Big Data 98

Big Data Statistics Experimentation Data Strategy 98

datapine

NOVEMBER 5, 2019

A performance dashboard is a data visualization tool that offers a wealth of knowledge on invaluable insights, enabling the user to gain a deeper understanding of their business’s performance in a number of areas while making valuable decisions that foster growth. What Is A Performance Dashboard In Business? Increased efficiency.

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220

Sisense

DECEMBER 3, 2019

Business users can independently compare the forecast with actual values for the last period, view the respective weights of the statistical model, and change inputs to fine-tune their forecast. Use AI to drive ROI. Sisense Quest is the latest certified add-on from the Sisense Labs team. AI (and more) on the horizon.

Data Warehouse 90

Data Warehouse Analytics Digital Transformation Forecasting 90

Cloudera

FEBRUARY 25, 2021

They need strong data exploration and visualization skills, as well as sufficient data engineering chops to fix the gaps they find in their initial study. The project launches an interactive visualization for exploring the quality of representations extracted using multiple model architectures. Deep Learning for Image Analysis.

Deep Learning 82

Deep Learning Machine Learning Forecasting Visualization 82

erwin

NOVEMBER 6, 2020

The clear benefit is that data stewards spend less time building and populating the data governance framework and more time realizing value and ROI from it. . Data Lineage: Document and visualize how data moves and transforms across your enterprise.

Data Governance 97

Data Governance Metadata Data-driven Visualization 97

CIO Business Intelligence

JUNE 28, 2023

Gopalan says that effectively communicating the potential benefits, demonstrating a clear ROI, and addressing any potential challenges were key to winning buy-in and support from the leadership team for the project. Deliveries were made in phases, and complexity increased with each phase,” Gopalan says.

Digital Transformation 87

Digital Transformation Cost-Benefit Informatics Data mining 87

IBM Big Data Hub

APRIL 18, 2024

LLMs like ChatGPT are trained on massive amounts of text data, allowing them to recognize patterns and statistical relationships within language. Here are some areas where organizations are seeing a ROI: Text (83%) : Gen AI assists with automating tasks like report writing, document summarization and marketing copy generation.

Cost-Benefit 96

Cost-Benefit Modeling Manufacturing Interactive 96

Jet Global

MAY 1, 2023

Plus, there is an expectation that tools be visually appealing to boot. In the past, data visualizations were a powerful way to differentiate a software application. Their dashboards were visually stunning. Today, free visualizations seem to be everywhere. It’s all about context. End users expect more from analytics too.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

Smarten

AUGUST 28, 2018

Imagine what you could do with advanced data discovery that allows users to use normal, natural language to ask questions and make queries and to get results in the same way, without advanced skills or knowledge of technical language or statistical terminology or techniques.

Analytics 40

Analytics ROI Statistics Machine Learning 40

Smarten

JULY 3, 2017

When an enterprise selects a self-serve business intelligence solution with Advanced Data Discovery , Smart Data Visualization , Plug n’ Play Predictive Analysis and Self-Serve Data Preparation , it can create an environment where business users are empowered and become greater assets to the organization.

Predictive Modeling 40

Predictive Modeling Visualization Business Intelligence Experimentation 40

Occam's Razor

AUGUST 22, 2011

Customer Lifetime Value ROI, Buzz Monitoring, Click Fraud. Six Data Visualizations That Rock! The Awesome Power of Visualization 2 -> Death and Taxes 2007. The Awesome Power of Data Visualization. PPC / SEM Analytics: 5 Actionable Tips To Improve ROI. Tip #9: Leverage Statistical Control Limits.

KPI 124

KPI Metrics Measurement ROI 124

Smarten

AUGUST 9, 2017

Users can perform advanced analytics in an easy-to-use, drag and drop interface without knowledge of statistical analysis or algorithms. Advances in smart data discovery and other sophisticated techniques and solutions can positively impact ROI and TCO.

Analytics 40

Analytics IT Statistics ROI 40

Smarten

SEPTEMBER 6, 2019

SSDP allows average business users to compile and prepare data and use that data in analytics to test hypotheses, visualize and share data, prepare reports and support day-to-day tasks with complete drill-down and drill-through capability, custom alerts and mobile access that supports the needs of every team member.

Analytics 51

Analytics IT Business Intelligence Testing 51

Domino Data Lab

AUGUST 8, 2019

He’s been out of Wolfram for a while and writing exquisite science books including Elements: A Visual Explanation of Every Known Atom in the Universe and Molecules: The Architecture of Everything. Most fascinating moment: got to chat with Theodore Gray , co-founder of Wolfram Research and the inventor of notebooks (back in the 1980s).

Data Science 71

Data Science Machine Learning Data Governance Statistics 71

InsightOut

OCTOBER 15, 2021

The power to access, analyze and present data sets from complex statistical programs lay only within their restricted reach. b' Data analytics once came under the exclusive purview of number-crunching data analysts and esoteric data scientists. Technology has changed, and so have the business scenarios.

Dashboards 52

Dashboards Key Performance Indicator Digital Transformation Metrics 52

datapine

MARCH 18, 2020

Social media marketing reporting is based on a curated collection of data and statistics that are customized based on your business’s social marketing activities and goals. That way you can get an overview of how your posts are performing but you might want to follow-up with more details.

Reporting 178

Reporting Dashboards Metrics KPI 178

Domino Data Lab

MAY 8, 2019

On the other hand, as Lipton emphasized, while the tooling produces interesting visualizations, visualizations do not imply interpretation. ML model interpretability and data visualization. From my experiences leading data teams, when a business is facing difficult challenges, data visualizations can help or hurt.

Machine Learning 105

Machine Learning Data Science Modeling Visualization 105

Sisense

JUNE 26, 2019

The aged statistic still stands that 80% of your time will be spent preparing and optimizing data. Consolidating into one integrated tool for prep, analysis, and visualization gives you and your team more functionality all in one place. If you are a data engineer, then you know that data is your most valuable asset. Lock It Down.

Enterprise 75

Enterprise Data Warehouse Dashboards Modeling 75