datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. It will ultimately help them spot new business opportunities, cut costs, or identify inefficient processes that need reengineering.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Occam's Razor

NOVEMBER 2, 2015

The benefits are numerous. Economic Value (EcV) is the value of short and long-term revenue and cost savings. The way it works is that you compute the total cost of your Social Media program: SM employee salaries and benefits, agency fees, content acquisition/production costs, analyst salaries, executive time invested etc.

B2B 167

B2B Metrics Recreation/Entertainment Testing 167

Alation

SEPTEMBER 28, 2022

However, there is a lot more to know about DataOps, as it has its own definition, principles, benefits, and applications in real-life companies today – which we will cover in this article! DataOps as a term was brought to media attention by Lenny Liebmannin 2014, then popularized by several other thought leaders. What Is DataOps?

Cost-Benefit 52

Cost-Benefit Data Quality Manufacturing Testing 52

The Unofficial Google Data Science Blog

JUNE 30, 2016

In an ideal world, experimentation through randomization of the treatment assignment allows the identification and consistent estimation of causal effects. Other estimators, such as those based on matching and subclassification, may benefit from the balancing property, but the discussion of those estimators is postponed to a later post.

Statistics 45

Statistics Optimization Modeling Experimentation 45

Domino Data Lab

AUGUST 22, 2019

[Note: In more technical machine learning terms, the cost function of the skip-gram architecture is to maximize the log probability of any possible context word from a corpus given the current target word.] At the time—in 2014—the three were colleagues working. A major benefit of fastText. Pennington, J., GloVe: Global vectors.

Deep Learning 111

Deep Learning Modeling Metrics Testing 111

Occam's Razor

SEPTEMBER 15, 2014

In blue is how much time we spent in 2010 and in blue the time spent in 2014. was the dramatic shift between 2010 to 2014 to mobile content consumption. Media-Mix Modeling/Experimentation. The downside is that this awesomeness comes at the cost of having to learn new things on top of my recommendation above.

Metrics 143

Metrics Reporting Analytics Marketing 143

CIO Business Intelligence

MAY 20, 2024

This knowledge, generated through observation, reflection, study, and social interaction, led to a new companywide policy: “Let the grinder warm up for 15 minutes,” resulting in millions of dollars of extra profit at no additional cost. But a tension exists between these functions.

Management 122

Management Interactive Measurement Marketing 122