Occam's Razor

APRIL 8, 2013

To win in business you need to follow this process: Metrics > Hypothesis > Experiment > Act. We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. That metric is tied to a KPI.

Metrics 157

Metrics Analytics KPI Key Performance Indicator 157

Octopai

JULY 9, 2020

By adopting automated data lineage and automated metadata tagging, companies have the opportunity to increase their data processing speed. One example is the lineage methods that the banking industry has adopted to comply with regulations put in place following the 2007 financial collapse.

Insurance 98

Insurance Risk Management Machine Learning Metadata 98

Octopai

APRIL 8, 2020

The worldwide economy was shaken in 2007 when the United States stock market had its largest drop since the Great Depression. In 2007 many high-risk sectors of the financial industry such as hedge funds, depended on complex data. In reality, banks have hundreds of metrics to regulate, most coming from distinct systems.

Finance 52

Finance Cost-Benefit Metadata Data Architecture 52

David Menninger's Analyst Perspectives

JANUARY 9, 2025

Unlike a general-purpose data store such as a data warehouse, everything the user needs is readily available and easily accessible, with metadata labels that are immediately recognized and understood. Almost 9 in 10 say that making it simpler to provide analytics and metrics to those who need them is either very important or important.

Finance 130

Finance Forecasting Data Warehouse Interactive 130