Occam's Razor

DECEMBER 12, 2011

I am going to attempt to significantly simply your life by recommending the critical few metrics you should use to analyze performance of your digital marketing campaigns and website. Recommend metrics / KPIs you can use based on the size of your company. Best Metrics / KPIs for Small Business Websites. Obsess about this metric.

Metrics 153

Metrics Key Performance Indicator Measurement Optimization 153

Occam's Razor

MAY 19, 2014

But the problem is that single golden metrics hide valuable insights and, more often than not, drive bad behavior. Here's my proposal: If you are pushed to have a single golden metric, give it a partner. The BFF metric you find should not be one that is very far away. So, great metric. Honestly, who can blame them.

Metrics 160

Metrics Key Performance Indicator Analytics Marketing 160

Occam's Razor

AUGUST 11, 2015

Standard reports stink. Custom reports rock! Why would a report created for everyone work for the special someone that you are? Custom reports allow you to deeply focus (by eliminating the rif-raf metrics and dimensions, they save time and show just what you want). Key Metrics: Map Overlay Visualization.

Reporting 159

Reporting Analytics Metrics Key Performance Indicator 159

CIO Business Intelligence

MAY 5, 2022

There comes a time in the professional life of most CIOs when they — you — need to bring in a consultant. Having spent time on both sides of the CIO/consultant relationship I can say, with confidence, that a lot of CIOs don’t know how to best work with us. Consultant selection: Who to avoid. Not a contractor.

Consulting 128

Consulting Measurement Metrics Reporting 128

Occam's Razor

APRIL 19, 2010

"What is the difference between a metric and a key performance indicator (KPI)?" " "Are goals metrics?" There seems to be genuine confusion about the simplest, most foundational, parts of web metrics / analytics. Metric: A metric is a number. But not normal metrics. Dimensions.

Metrics 140

Metrics Key Performance Indicator KPI Analytics 140

CIO Business Intelligence

FEBRUARY 13, 2024

IT leaders are drowning in metrics, with many finding themselves up to their KPIs in a seemingly bottomless pool of measurement tools. There are several important metrics that can be used to achieve IT success, says Jonathan Nikols, senior vice president of global enterprise sales for the Americas at Verizon. Here they are.

Metrics 140

Metrics IT ROI Measurement 140

Occam's Razor

AUGUST 11, 2014

Each shows a unique facet of digital performance, and I've attempted to choose the best dimensions and, for those dimensions, the best possible metrics. I've done the hard work on your behalf to pick the dimensions and critical few metrics that will illuminate your complete business performance. I suppose that is a bonus. :).

Metrics 148

Metrics Dashboards Key Performance Indicator B2B 148

CIO Business Intelligence

SEPTEMBER 24, 2024

I say “lowly” because the IT function I was responsible for was one of those absolutely essential but utterly thankless IT responsibilities where the “ invisibility index ” is the key success metric. Which is why the CIO brought in a team of high-profile consultants to assess the situation. Not that this mattered.

Consulting 116

Consulting IT Metrics Management 116

CIO Business Intelligence

OCTOBER 10, 2024

Aligning IT operations with ESG metrics: CIOs need to ensure that technology systems are energy-efficient and contribute to reducing the company’s carbon footprint. Blockchain’s decentralized and immutable nature makes it an ideal solution for improving compliance and building trust in ESG reporting.

Metrics 124

Metrics Optimization Strategy Technology 124

datapine

NOVEMBER 15, 2022

1) What Are Product Metrics? 2) Types Of Product Metrics. 3) Product Metrics Examples You Can Use. 4) Product Metrics Framework. The right product performance metrics will give you invaluable insights into its health, strength and weaknesses, potential issues or bottlenecks, and let you improve it greatly.

Metrics 141

Metrics KPI Measurement Dashboards 141

CIO Business Intelligence

NOVEMBER 13, 2024

According to a new IDC report , 98% of business leaders view AI as a priority for their organization and the research firm expects AI to add $20 trillion to the global economy through 2030. Managers tend to incentivize activity metrics and measure inputs versus outputs,” she adds. He’s not the only one who’s bullish on gen AI.

IT 141

IT Consulting ROI Cost-Benefit 141

Occam's Razor

APRIL 4, 2011

What's the difference between web reporting and web analysis? So here I what I actually said: If you see a data puke then you know you are looking at the result of web reporting, even if it is called a dashboard. When you look to check if you are looking at analysis or reporting look for Insights , Actions , Impact on Company.

Reporting 128

Reporting Metrics Dashboards Statistics 128

Occam's Razor

SEPTEMBER 29, 2009

Remember: Engagement is not a metric, its an excuse. ]. The ideal metrics for this desired outcome are Visitor Loyalty & Visitor Recency. The data in the above report shows how frequently during a time period do the website's visitors visit the website. All well and good. Here is the minor problem. 7 Best Practices ].

Measurement 130

Measurement Metrics Analytics Marketing 130

datapine

MARCH 22, 2019

Read here how these metrics can drive your customers’ satisfaction up! Customer satisfaction metrics evaluate how the products or services supplied by a company meet or surpass a customer’s expectations. Exclusive Bonus Content: Get our short guide to CES and NPS! Analyze gathered data: This step should be clear.

Metrics 134

Metrics Dashboards Measurement Interactive 134

CIO Business Intelligence

SEPTEMBER 20, 2024

IT leaders face many challenging tasks, but few are more daunting than engaging with a direct report who has, in one way or another, become unreliable or neglectful. There are various reasons why a manager or executive may need to have a frank conversation with a direct report, says Orla Daly, CIO at training services provider Skillsoft.

Reporting 128

Reporting Business Objectives Consulting Manufacturing 128

CIO Business Intelligence

MARCH 25, 2025

Companies should therefore already be taking concrete steps to implement the EU AI Act and the EU Data Act, explains Daniel Andernach , Associated Partner at MHP , an international management and IT consultancy. Design reporting and monitoring In this step, essential key performance indicators (KPIs) should be defined for later reporting.

IT 95

IT Key Performance Indicator Risk Reporting 95

CIO Business Intelligence

JULY 10, 2024

In Europe, this attitude has become law, with the Corporate Sustainability Reporting Directive (CSRD) mandating that companies disclose its Environmental, Social, and Corporate Governance (ESG) efforts in annual reports, based on European Sustainability Reporting Standards (ESRS).

Reporting 102

Reporting KPI Metrics Software 102

O'Reilly on Data

OCTOBER 13, 2020

To support verification in these areas, a product manager must first ensure that the AI system is capable of reporting back to the product team about its performance and usefulness over time. The simplest case of model monitoring is to compute key performance metrics (related to both model fit and inference accuracy) regularly.

Management 313

Management Machine Learning Metrics Modeling 313

Occam's Razor

OCTOBER 4, 2010

Ask a famous blogger, a published author, a random twitterer or your mom how to succeed in web analytics, or how not to be a Reporting Squirrel. Part of it is the case that we don't often understand the difference between a business question and a report request. Even for experienced Analysts / Consultants.

Reporting 119

Reporting Metrics Sales Strategy 119

Occam's Razor

AUGUST 28, 2006

How many metrics can you call adorable? Site abandonment rate is an adorable metric, to me : ), for these reasons: Money, money, money baby. IMHO there isn't a metric out there that can tell you a lot so quickly and any improvement you make to it will directly and immediately impact the bottom-line. My hypothesis is that.

Metrics 98

Metrics Analytics Measurement Testing 98

datapine

OCTOBER 30, 2019

Historically, the terms data report or business report haven’t got the crowds excited. Data reports have always been important for businesses. However, they have been a necessary evil, created by analysts and consultants. The rise of innovative report tools means you can create data reports people love to read.

Reporting 127

Reporting Visualization Dashboards KPI 127

Cloudera

JULY 21, 2022

Cloudera has partnered with Rill Data, an expert in metrics at any scale, as Cloudera’s preferred ISV partner to provide technical expertise and support services for Apache Druid customers. Deploying metrics shouldn’t be so hard. Intuitive metrics, simple design. Co-author: Mike Godwin, Head of Marketing, Rill Data.

Metrics 87

Metrics Slice and Dice Data Warehouse Dashboards 87

CIO Business Intelligence

MARCH 5, 2025

According to a recent survey by Foundry , nearly all respondents (97%) reported that their organization is impacted by digital friction, defined as the unnecessary effort an employee must exert to use data or technology for work. Its the same story across all industries. Asset information management is a key tool in predictive maintenance.

Management 86

Management Data-driven Cost-Benefit Risk 86

datapine

APRIL 23, 2019

In today’s business world, competition is fierce across all industries and sectors, which means that to survive and thrive, working with measurable online data analysis and performance metrics is essential. Working with service desk metrics and KPI reports will help you make the improvements you need for continual growth and success.

KPI 169

KPI Key Performance Indicator Metrics Snapshot 169

Occam's Razor

JANUARY 7, 2014

Consulting. Second… well there is no second, it is all about the big action and getting a big impact on your bottom-line from your big investment in analytics processes, consulting, people and tools. 12: Almost all reporting is off custom reports. #11: 12: Almost all reporting is off custom reports. #11:

Data-driven 142

Data-driven Consulting Reporting Marketing 142

Occam's Razor

FEBRUARY 6, 2018

Your recent audit of the output of your analytics organization found that 160 analytics reports are delivered every month. Your digital performance dashboard has 16 metrics along 9 dimensions, and you know that the font-size 6 text and sparkline sized charts make them incomprehensible. Focus only on KPIs, eliminate metrics.

Strategy 266

Strategy Metrics KPI Dashboards 266

CIO Business Intelligence

FEBRUARY 20, 2025

Viole Kastrati: Without systematic and continuous reporting, it is almost impossible to get a complete picture of the personnel situation and make informed decisions based on it. This makes it impossible to identify any correlations, explains Viole Kastrati, Senior Consultant SAP BI & Analytics at Nagarro.

Big Data 84

Big Data Measurement Visualization Machine Learning 84

CIO Business Intelligence

JULY 9, 2024

Taking a skills-based approach In its report, Deloitte points to Ikea, which implemented an AI customer service bot called Billie. There’ll be a shift in measuring performance metrics, and traditional metrics, such as hours worked or revenue per employee, will no longer be relevant.

Metrics 139

Metrics Measurement Consulting Technology 139

CIO Business Intelligence

APRIL 5, 2023

IT is no longer perceived as a cost factor or a pure support function at many organizations, according to management consultancy 4C Group’s Markus Matschi. According to the study, IT departments today primarily use technical and IT-related metrics. And the digitization push during the pandemic accelerated this.

Measurement 133

Measurement IT Metrics Consulting 133

datapine

MAY 11, 2022

Due to the way the human brain processes information, presenting insights in charts or graphs to visualize significant amounts of complex data is more accessible than relying on spreadsheets or reports. Boosts engagement: Generating reports has been a tedious and time-consuming task since businesses and analytics came together.

Visualization 252

Visualization Dashboards Key Performance Indicator Sales 252

Occam's Razor

AUGUST 22, 2011

" ~ Web Metrics: "What is a KPI? " + Standard Metrics Revisited Series. "Engagement" Is Not A Metric, It's An Excuse. Defining a "Master Metric", + a Framework to Gain a Competitive Advantage in Web Analytics. Delibrate Your Data, Dig Into Your Data, Reimagine Content Reporting.

KPI 125

KPI Metrics Measurement ROI 125

Occam's Razor

JANUARY 12, 2015

At the core of everything you will do in digital analytics is the concept of metrics. How do you define a metric: It is simply a number. Your digital analytics tools are full of metrics. Helpful post: Best Metrics For Digital Marketing: Rock Your Own And Rent Strategies.]. Now you have your foundation, metrics and KPIs.

Analytics 151

Analytics Slice and Dice KPI Metrics 151

CIO Business Intelligence

MARCH 16, 2022

Leaders tend to focus on the vision of the future state, and project teams tend to focus on sharing their new great idea,” says Matt Mead, CTO at SPR Consulting. To that end, his technology organization is hyper-focused on measuring and reporting on its performance. Metrics are mandatory. “If But make sure not to overdo it. “An

Management 143

Management Measurement Metrics Consulting 143

datapine

MARCH 31, 2022

For this purpose, you should be able to differentiate between various charts and report types as well as understand when and how to use them to benefit the BI process. Getting an entry-level position at a consulting firm is also a great idea – the big ones include IBM, Accenture, Deloitte, KPMG, and Ernst and Young. BI consultant.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

DataKitchen

JANUARY 3, 2022

For example, teams working under the VP/Directors of Data Analytics may be tasked with accessing data, building databases, integrating data, and producing reports. Business analysts sometimes perform data science, but usually, they integrate and visualize data and create reports and dashboards from data supplied by other groups.

Business Analytics 245

Business Analytics Analytics Testing Dashboards 245

Jet Global

MARCH 11, 2020

Yet there is a stumbling block that hinders finance managers: reporting. Financial users are under constant pressure to create a myriad of reports, from the typical period finance reports such as income statements, balance sheets, P&L, etc., 5 Things Not to do When Choosing a Reporting Tool. View Guide Now.

Reporting 72

Reporting Management Finance Insurance 72

Occam's Razor

MARCH 23, 2010

Part of it fueled by some Consultants. Because every tool uses its own sweet metrics definitions, cookie rules, session start and end rules and so much more. When it comes to proving which campaigns are better and which numbers to report to the management what will you do? Part of it fueled by Vendors. What a competitive bunch!

Analytics 119

Analytics Consulting Metrics Experimentation 119