Smart Data Collective

FEBRUARY 23, 2023

By analyzing data and extracting useful insights, brands can make informed decisions to optimize their branding strategies. This article will explore data mining and how it can help online brands with brand optimization. Conclusion Data mining is a powerful tool for online brands looking to optimize their branding strategies.

Data mining 145

Data mining Optimization Technology Marketing 145

CIO Business Intelligence

JANUARY 21, 2025

In this article, we will explore the cost-related barriers to GenAI adoption, including high implementation expenses, ineffective cost management, and infrastructure demands. These concerns emphasize the need to carefully balance the costs of GenAI against its potential benefits, a challenge closely tied to measuring ROI.

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

datapine

AUGUST 19, 2020

In our cutthroat digital economy, massive amounts of data are gathered, stored, analyzed, and optimized to deliver the best possible experience to customers and partners. At the same time, inventory metrics are needed to help managers and professionals in reaching established goals, optimizing processes, and increasing business value.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

datapine

OCTOBER 7, 2020

What gets measured gets done.” – Peter Drucker. By setting operational performance measures, you will know what is happening at every stage of your business. Since every business is different, it is essential to establish specific metrics and KPIs to measure, follow, calculate, and evaluate.

KPI 269

KPI Metrics Sales Visualization 269

Occam's Razor

SEPTEMBER 19, 2011

We have to do Search Engine Optimization. This: You understand all the environmental variables currently in play, you carefully choose more than one group of "like type" subjects, you expose them to a different mix of media, measure differences in outcomes, prove / disprove your hypothesis (DO FACEBOOK NOW!!!),

Measurement 120

Measurement Advertising Testing Marketing 120

datapine

APRIL 16, 2019

By implementing the right reporting tools and understanding how to analyze as well as to measure your data accurately, you will be able to make the kind of data driven decisions that will drive your business forward. Qualitative data analysis is based on observation rather than measurement. Of course, this sounds incredible in theory.

Data-driven 287

Data-driven Dashboards Visualization Cost-Benefit 287

O'Reilly on Data

MAY 14, 2020

In our previous article, What You Need to Know About Product Management for AI , we discussed the need for an AI Product Manager. In this article, we shift our focus to the AI Product Manager’s skill set, as it is applied to day to day work in the design, development, and maintenance of AI products.

Management 364

Management Experimentation B2B Machine Learning 364

Smart Data Collective

SEPTEMBER 30, 2021

This article will help you to understand how remote working has caused cybercrime, its consequences, and proactive measures focusing on AI-driven cybersecurity apps to handle this critical issue. Optimizing AI-Driven Cybersecurity Apps. It indicates that businesses should do everything they can to protect their critical data.

Optimization 135

Optimization IoT Data-driven Cost-Benefit 135

datapine

FEBRUARY 14, 2021

That’s why it’s critical to monitor and optimize relevant supply chain metrics. While there are numerous KPI examples you can select for your assessment and optimization, we have focused on a list that will enable you to identify potential bottlenecks and ensure sustainable development. Freight Bill Accuracy.

Metrics 260

Metrics KPI Dashboards Sales 260

datapine

MAY 2, 2023

You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. According to studies, 92% of data leaders say their businesses saw measurable value from their data and analytics investments.

Big Data 275

Big Data Internet of Things Cost-Benefit Optimization 275

datapine

FEBRUARY 4, 2020

Management thinker Peter Drucker once stated, “if you can’t measure it, you can’t improve it” – and he couldn’t be more right. Below, in the article, we’ve gathered some of the marketing reports templates that can easily be used to perfect the efficiency of generating data and reduce the time needed to create it.

Reporting 280

Reporting Marketing Advertising Metrics 280

O'Reilly on Data

NOVEMBER 13, 2018

There are also many important considerations that go beyond optimizing a statistical or quantitative metric. As we deploy ML in many real-world contexts, optimizing statistical or business metics alone will not suffice. Classification parity means that one or more of the standard performance measures (e.g.,

Machine Learning 277

Machine Learning Risk Management Statistics 277

CIO Business Intelligence

NOVEMBER 13, 2024

The company has already rolled out a gen AI assistant and is also looking to use AI and LLMs to optimize every process. One is going through the big areas where we have operational services and look at every process to be optimized using artificial intelligence and large language models. We’re doing two things,” he says.

IT 141

IT Consulting ROI Cost-Benefit 141

datapine

NOVEMBER 27, 2019

We detailed the benefits and costs of good or bad quality data in our previous article on data quality management , where you can read the five important pillars to follow. Prescriptive analytics can help you optimize scheduling, production, inventory, and supply chain design to deliver what your customers want in the most optimized way.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CIO Business Intelligence

APRIL 8, 2025

In this article, I am drawing from firsthand experience working with CIOs, CDOs, CTOs and transformation leaders across industries. Data quality must be embedded into how data is structured, governed, measured and operationalized. Continuous measurement of data quality. Data quality is no longer a back-office concern.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

Smart Data Collective

JULY 9, 2023

One benefit is that they can help with conversion rate optimization. This article is going to provide some great insights on developing strategies for unlocking additional value from an online business, which can do a lot to boost revenue and catapult the enterprise to new heights.

Optimization 97

Optimization Data Analytics Analytics Data-driven 97

datapine

JULY 3, 2019

In a hyper-connected digital world driven by data, there has never been a better time for businesses to gather meaningful insights on their target prospects, in addition to measuring ongoing levels of commercial growth and performance. Social media KPIs are values that measure the performance of social media marketing (SMM) campaigns.

Metrics 219

Metrics KPI Strategy ROI 219

CIO Business Intelligence

NOVEMBER 18, 2022

To optimize cloud investments, C-level executives are increasingly adopting cloud financial operations (FinOps). In this article, I’ll explore common cloud optimization and FinOps challenges and strategies for overcoming them. Overcoming these challenges goes back to KPIs and OKRs.

Optimization 91

Optimization KPI Key Performance Indicator Cost-Benefit 91

O'Reilly on Data

OCTOBER 19, 2021

In this article, we want to dig deeper into the fundamentals of machine learning as an engineering discipline and outline answers to key questions: Why does ML need special treatment in the first place? However, none of these layers help with modeling and optimization. However, the concept is quite abstract. Model Operations.

IT 364

IT Testing Experimentation Software 364

Rocket-Powered Data Science

DECEMBER 15, 2018

If we cannot know that ( i.e., because it truly is unsupervised learning), then we would like to know at least that our final model is optimal (in some way) in explaining the data. The objective function (also known as cost function, or benefit function) provides an objective measure of model performance.

Machine Learning 171

Machine Learning Optimization Metrics Deep Learning 171

datapine

SEPTEMBER 6, 2022

That said, measuring the success of your those efforts is another great part of the job, and on many occasions, it can prove to be overwhelming as you need to use multiple tools to gather the data. It can help you optimize each stage to make the process as efficient as possible. Content Dashboard Examples & Templates.

Dashboards 179

Dashboards Reporting Metrics ROI 179

datapine

JULY 8, 2020

A COO (chief operating officer) dashboard is a visual management tool used by COOs to connect multiple data sources, track, evaluate, and help COOs to optimize operational processes within a company by using interactive metrics and advanced analytical capabilities. What Is A COO Dashboard? Automate as much as possible. Supply chain dashboard.

Dashboards 202

Dashboards Reporting Metrics Visualization 202

CIO Business Intelligence

MARCH 19, 2025

Additionally, Deloittes ESG Trends Report highlights fragmented ESG data, inconsistent reporting frameworks and difficulties in measuring sustainability ROI as primary challenges preventing organizations from fully leveraging their data for ESG initiatives.

IT 59

IT Data Governance Data-driven Metrics 59

datapine

JUNE 27, 2019

A CEO dashboard is an interactive platform that visualizes data to empower business leaders to track, measure, analyze, and monitor business performance in a number of areas, enabling them to make data-driven decisions and see the big business picture. Let’s get started. What Is A CEO Dashboard? click to enlarge**. click to enlarge**.

Dashboards 245

Dashboards Sales Cost-Benefit Visualization 245

O'Reilly on Data

JUNE 18, 2019

A recent O’Reilly survey found that those with mature AI practices (as measured by how long they’ve had models in production) cited “Lack of data or data quality issues” as the main bottleneck holding back further adoption of AI technologies. See this article on data integration status for details. Data programming.

Machine Learning 279

Machine Learning Data Quality Statistics Modeling 279

Smart Data Collective

JULY 11, 2022

Data analytics technology is very helpful for companies trying to optimize their social media marketing strategy. Many marketing automation tools like Hootsuite have sophisticated analytics tools to help marketers measures engagement with their social media content. You can easily lose money if your ad campaigns are not well optimized.

Data Analytics 145

Data Analytics Analytics Advertising Big Data 145

Rocket-Powered Data Science

JULY 21, 2023

Organizations are able to monitor integrity, quality drift, performance trends, real-time demand, SLA (service level agreement) compliance metrics, and anomalous behaviors (in devices, applications, and networks) to provide timely alerting, early warnings, and other confidence measures.

Machine Learning 190

Machine Learning Metrics Internet of Things Reporting 190

datapine

SEPTEMBER 29, 2022

5) How Do You Measure Data Quality? In this article, we will detail everything which is at stake when we talk about DQM: why it is essential, how to measure data quality, the pillars of good quality management, and some data quality control techniques. We will go over them in the third part of this article.

Data Quality 241

Data Quality Metrics Data-driven Management 241

datapine

FEBRUARY 10, 2021

Likes, comments, shares, reach, CTR, conversions – all have become extremely significant to optimize and manage regularly in order to grow in our competitive digital environment. It makes sense to use the SMART methodology to keep it specific, measurable, attainable, realistic, and timely. We offer a 14-day trial.

Dashboards 193

Dashboards Scorecard KPI Metrics 193

datapine

AUGUST 12, 2020

The examples of business reports that we used in this article can be utilized in many different industries, the data can be customized based on the factual information of the specific department, organization, company or enterprise. Business Report Examples And Templates. We’ve answered the question, ‘What is a business report?’

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

datapine

MAY 31, 2022

We have already predicted in our BI trends article the importance and implementation of the cloud in companies like Alibaba, Amazon, Google and Microsoft. In this article, we have gathered the 12 most prominent challenges of cloud computing that will deliver fresh perspectives related to the market. Cost management and containment.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

datapine

AUGUST 14, 2020

That said, in this article, we will discuss a customer retention dashboard created with a modern dashboard tool and coupled with metrics and KPIs needed to achieve growth and, finally, answer the question: How do you track customer retention? Our Customer Retention Dashboard Example. Net customer retention KPI.

Dashboards 176

Dashboards Metrics B2B Visualization 176

Paul Turley

AUGUST 24, 2019

The purpose of this article is to outline a set of guidelines and recommended practices for managing Microsoft Power BI projects. This guide is primarily focused on the work performed by the IT-managed BI Solution Developers for formally-managed BI projects. Continue reading →

Measurement 103

Measurement Optimization Reporting Management 103

datapine

JANUARY 31, 2022

For example, in regards to marketing, traditional advertising methods of spending large amounts of money on TV, radio, and print ads without measuring ROI aren’t working like they used to. Renowned author Bernard Marr wrote an insightful article about Shell’s journey to become a fully data-driven company. The results?

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

CIO Business Intelligence

MARCH 4, 2025

This article goes behind the scenes on whats fueling Blocks investment in developer experience, key initiatives including the role of an engineering intelligence platform , and how the company measures and drives success. Rather, Coburns team optimizes for fast experimentation and a metrics-driven approach.

Experimentation 69

Experimentation Metrics Data-driven Measurement 69

Smart Data Collective

FEBRUARY 20, 2022

In this article we will list 10 things AWS can do for your SaaS company. This article finally gets to the core question we started with: what can AWS do for your SaaS business? Also, developers can connect GPU clusters or compute-optimized instances to AWS Deep Learning Amazon Machine Images (AMIs) to create and train custom AI models.

Cost-Benefit 138

Cost-Benefit Data Lake Software Machine Learning 138

Smart Data Collective

NOVEMBER 26, 2021

In this article, you’ll learn the different ways data analytics sets a new standard for revenue marketing. With it, you can measure your key performance indicators quickly and more objectively than traditional methods. Make Smarter Decisions and Meet Your KPI. What is revenue marketing? Holistic Customer Experience.

Marketing 131

Marketing Data Analytics Key Performance Indicator Analytics 131