O'Reilly on Data

APRIL 23, 2024

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

Advertising 276

Advertising Cost-Benefit Marketing Risk 276

datapine

MAY 2, 2019

Data-driven storytelling is a powerful force as it takes stats and metrics and puts them into context through a narrative that everyone inside or outside of the organization can understand. In our example above, we are showing Sales by Payment Method for all of 2014. Tables interact primarily with the verbal system – we read tables.

Visualization 173

Visualization Dashboards Sales KPI 173

Occam's Razor

OCTOBER 14, 2014

Conversion rate is one of those metrics that I strongly encourage you only create benchmarks for from your own data. One of the easiest ways to improve outcomes on your website, it is great to make sure that people don't say this via your bounce rate metric : I came, I puked, I left. None of the four other methods are advisable.

Key Performance Indicator 135

Key Performance Indicator Metrics Reporting Marketing 135

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. They will need two different implementations, it is quite likely that you will end up with two sets of metrics (more people focused for mobile apps, more visit focused for sites).

Metrics 143

Metrics Reporting Analytics Marketing 143

Jet Global

MAY 27, 2021

Back in 2014, The Lab Consulting wrote in CFO.com about the waste that exists in management reporting. Their analysis highlighted that the average annual production cost of each report that finance teams maintain is around $8,000. Lower total cost of ownership. The problem with lift and shift. Fewer reports to manage.

Reporting 52

Reporting Cost-Benefit Dashboards Finance 52

datapine

FEBRUARY 23, 2023

For instance, in the medical field, analyzing relationships between diseases and gene interactions can help discover a treatment for a particular disease. Try our 14-day trial & benefit from visual data analysis today! The metrics are different and useful independently, but together, they tell a compelling story.

Visualization 177

Visualization Dashboards Sales Measurement 177