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Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

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

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Benchmarking Performance: Your Options, Dos, Don'ts and To-Die-Fors!

Occam's Razor

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.

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Magnificent Mobile Website And App Analytics: Reports, Metrics, How-to!

Occam's Razor

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
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Designing Charts and Graphs: How to Choose the Right Data Visualization Types

datapine

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.

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Replacing Oracle Discoverer: The Smart Way

Jet Global

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.

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Discover 20 Essential Types Of Graphs And Charts And When To Use Them

datapine

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.

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Digital Design & User Experience Best Practices: Happiness + Profits!

Occam's Razor

What if the first interaction with your brand is digital? In 2014 those numbers are 5:46 for digital and 4:28 on TV. In early 2014 that number is 2 hours and 51 minutes! It is 2014 after all. I click on Paypal and then Continue and I get my review page for the costs and a nice green Checkout With Paypal button.

Marketing 151