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Excellent Analytics Tip #26: Every Critical Metric Should Have A BFF!

Occam's Razor

Dare I say, a key performance indicator. Where I've implemented a simple where you able to complete your task qualitative data collection mechanism, I always pair Conversion Rate with Task Completion Rate. None of the digital analytics tools make it easy to measure true profitability. So, great metric.

Metrics 160
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6 Case Studies on The Benefits of Business Intelligence And Analytics

datapine

Using business intelligence and analytics effectively is the crucial difference between companies that succeed and companies that fail in the modern environment. Your Chance: Want to try a professional BI analytics software? This methodology of “test, look at the data, adjust” is at the heart and soul of business intelligence.

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The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

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. This thought was in my mind as I was reading Lean Analytics a new book by my friend Alistair Croll and his collaborator Benjamin Yoskovitz.

Metrics 157
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Google Analytics Tutorial: 8 Valuable Tips To Hustle With Data!

Occam's Razor

It is painfully heartbreaking to realize that a very small tiny number of people who have access to web analytics tools actually use them. Ravaging data. In-Page Analytics – Re-imagine Traveling Through Data. #5. Perform Recency, Frequency & Pan Session Analysis: Fall in Love with People not Page Views. #6.

Analytics 146
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Data-Driven Organizations Must Use Talent Analytics Wisely

Smart Data Collective

Analytics is undoubtedly changing the future of the business world. We have talked about a number of the ways that business leaders are investing in big data technology and analytics. The market for talent analytics is projected to be worth $1.8 Big data analytics can help firms save money.

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4 Ways To Grow Your Business With Big Data

Smart Data Collective

Big data has been highly beneficial to business. Decisions like whether or not to expand a certain division or add a big contractor are understood to require painstaking data analytics, research and planning before execution. Data is one of the most important resources for any business. Understand Your Business.

Big Data 142
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KPI Management And Best Practices: How To Find The Perfect KPI Solutions?

datapine

4) How to Select Your KPIs 5) Avoid These KPI Mistakes 6) How To Choose A KPI Management Solution 7) KPI Management Examples Fact: 100% of statistics strategically placed at the top of blog posts are a direct result of people studying the dynamics of Key Performance Indicators, or KPIs. What Is KPI Management?

KPI 221