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

The Unofficial Google Data Science Blog

JUNE 30, 2016

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. This algorithm is implemented in the SuperLearner R package (Polley & van der Laan, 2014). 2014): 243-263. Political Analysis 20.1

Statistics 44

Statistics Optimization Modeling Experimentation 44

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

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. In the example above, the story isn’t about the total number of customers aged 15-25, but that 22% of the customers were 15-25 in the first quarter of 2014 (and 26% in Q4).

Visualization 177

Visualization Dashboards Sales Measurement 177

Occam's Razor

JUNE 11, 2014

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. Take any metric you want. How crazy is that? Just a page.

Marketing 151

Marketing Strategy Sales IT 151

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

Alation

NOVEMBER 9, 2021

Compared with a past survey from 2014, the new results show that the share of companies basing half or more of decisions on data (instead of gut feel) nearly doubled from 42% to 81%. Another people-focused benefit is a greater acceptance of decisions, implying that you can’t argue with the data. Crossing the Data Culture Gap.

Data-driven 52

Data-driven Cost-Benefit Reporting Data Governance 52

Occam's Razor

NOVEMBER 18, 2014

Short story #2: Predictive Modeling, Quantifying Cost of Inaction. Three cool benefits: 1. You can hover over each box to get a sense of the key metrics. Short story #2: Predictive Modeling, Quantifying Cost of Inaction. At that time these countries had models to predict what was the cost in human lives from inaction.

Visualization 145

Visualization Slice and Dice Predictive Modeling Metrics 145

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. Instead, companies should use metrics other than budget targets for rewards.

Management 122

Management Interactive Measurement Marketing 122

Occam's Razor

FEBRUARY 9, 2015

. + Traffic Trends Key Metrics Analysis. Onsite Behavior Key Metrics Analysis. I tend to use Hitwise a lot less, or not at all, because it is a very hard to use, it is slow, the UX/UI, metrics and reports have not really evolved over the years. Traffic Trends Key Metrics Analysis. Visitor/Audience Type Profile Analysis.

Metrics 156

Metrics Reporting IT Advertising 156

Occam's Razor

NOVEMBER 2, 2015

The benefits are numerous. Success Metrics. In my Oct 2011 post, Best Social Media Metrics , I'd created four metrics to quantify this value. Economic Value (EcV) is the value of short and long-term revenue and cost savings. It can be a brand metric, say Likelihood to Recommend. The opportunity cost.

B2B 167

B2B Metrics Recreation/Entertainment Testing 167