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. " "What is a dimension in analytics?"

Metrics 140

Metrics Key Performance Indicator KPI Analytics 140

Jet Global

JANUARY 8, 2021

An Operations Key Performance Indicator (KPI) or metric is a discrete measurement that a company uses to monitor and evaluate the efficiency of its day-to-day operations. Why Your Company Should Be Using Operational Metrics to Stay Competitive. Operating Cash Flow – You expect most businesses to be profitable in their operations.

Metrics 131

Metrics Manufacturing Reporting KPI 131

Smart Data Collective

AUGUST 27, 2023

This is where data collection steps onto the pitch, revolutionizing football performance analysis in unprecedented ways. The Evolution of Football Analysis From Gut Feelings to Data-Driven Insights In the early days of football, coaches relied on gut feelings and personal observations to make decisions.

Data Collection 98

Data Collection Broadcasting Data-driven Predictive Analytics 98

Occam's Razor

SEPTEMBER 15, 2014

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). In this post we will look mobile sites first, both data collection and analysis, and then mobile applications. Still, let me try to surprise you.

Metrics 143

Metrics Reporting Analytics Marketing 143

O'Reilly on Data

MARCH 31, 2020

AI products are automated systems that collect and learn from data to make user-facing decisions. All you need to know for now is that machine learning uses statistical techniques to give computer systems the ability to “learn” by being trained on existing data. That data is never as stable as we’d like to think.

Management 363

Management Machine Learning Experimentation Metrics 363

CIO Business Intelligence

MARCH 19, 2025

However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive. Developers, data architects and data engineers can initiate change at the grassroots level from integrating sustainability metrics into data models to ensuring ESG data integrity and fostering collaboration with sustainability teams.

IT 59

IT Data Governance Data-driven Metrics 59

DataKitchen

MARCH 16, 2023

So it’s Monday, and you lead a data analytics team of perhaps 30 people. But wait, she asks you for your team metrics. Like most leaders of data analytic teams, you have been doing very little to quantify your team’s success. Where is your metrics report? What should be in that report about your data team?

Metrics 130

Metrics Data Analytics Analytics Measurement 130

Jet Global

AUGUST 17, 2020

A finance department Key Performance Indicator (KPI) or metric is a clearly defined quantifiable measure used to evaluate a company’s financial performance. Internally, companies use financial metrics to evaluate prospective investments and track internal performance from a financial perspective.

Finance 98

Finance Metrics KPI Key Performance Indicator 98

Jet Global

APRIL 14, 2021

A healthcare Key Performance Indicator (KPI) or metric is a well-defined performance measure that is used to observe, analyze, optimize, and transform a healthcare process to increase satisfaction for both patients and healthcare providers alike. While this metric is very useful, it is also very general. What is a Healthcare KPI?

Metrics 98

Metrics Reporting KPI Insurance 98

O'Reilly on Data

MAY 14, 2020

Feature Development and Data Management: This phase focuses on the inputs to a machine learning product; defining the features in the data that are relevant, and building the data pipelines that fuel the machine learning engine powering the product. Which stage is the product in currently?

Management 364

Management Experimentation B2B Machine Learning 364

Jet Global

JUNE 24, 2020

An engineering Key Performance Indicator (KPI) or metric is a clearly defined quantifiable measure that an engineering firm uses to gauge its success over time. With engineering being a very broad field, KPIs are employed in a variety of ways, ranging from company-wide analysis to project specific performance metrics. View Guide Now.

Metrics 98

Metrics Reporting KPI Key Performance Indicator 98

CIO Business Intelligence

NOVEMBER 27, 2024

But along with siloed data and compliance concerns , poor data quality is holding back enterprise AI projects. And while most executives generally trust their data, they also say less than two thirds of it is usable. At worst, it can go in and remove signal from your data, and actually be at cross purposes with what you need.”

Enterprise 141

Enterprise Data Quality Structured Data Modeling 141

Jet Global

MAY 15, 2020

A financial Key Performance Indicator (KPI) or metric is a quantifiable measure that a company uses to gauge its financial performance over time. Under modern day reporting standards, companies are formally obligated to present their financial data in the following statements: balance sheet, income statement, and cash flow statement.

Metrics 98

Metrics Finance Reporting KPI 98

Rocket-Powered Data Science

JULY 6, 2021

In at least one way, it was not different, and that was in the continued development of innovations that are inspired by data. This steady march of data-driven innovation has been a consistent characteristic of each year for at least the past decade. 2) MLOps became the expected norm in machine learning and data science projects.

Machine Learning 279

Machine Learning Data-driven Deep Learning IoT 279

datapine

JUNE 13, 2019

They can be of various forms: a daily sales report format will track sales metrics that are relevant on a daily basis: the number of phone calls or meetings set up by a rep, number of leads created. So here’s what you should additionally consider when writing to your boss: Focus on what matters to your boss: choose the right metrics.

Sales 264

Sales Reporting KPI B2B 264

datapine

AUGUST 12, 2020

In your daily business, many different aspects and ‘activities’ are constantly changing – sales trends and volume, marketing performance metrics, warehouse operational shifts, or inventory management changes. This first example focuses on one of the most important and data-driven department of any company: finance.

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

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. Choose the most valuable metrics for your industry.

Dashboards 202

Dashboards Reporting Metrics Visualization 202

CIO Business Intelligence

APRIL 29, 2022

This would be straightforward task were it not for the fact that, during the digital-era, there has been an explosion of data – collected and stored everywhere – much of it poorly governed, ill-understood, and irrelevant. Data Centricity. The excitement is palpable.

Data Governance 145

Data Governance IT Risk Data Lake 145

Smart Data Collective

NOVEMBER 14, 2019

If you get the right data in hand, it becomes a lot easier to know which direction to take. Five KPIs and Metrics Worth Tracking. In order to gain such insights, though, you have to home in on the appropriate key performance indicators (KPIs) and metrics. We live in a digital world where data and data collection are ubiquitous.

Metrics 82

Metrics Key Performance Indicator Cost-Benefit Optimization 82

Occam's Razor

JANUARY 31, 2017

Ten years, and the 944,357 words, are proof that I love purposeful data, collecting it, pouring smart strategies into analyzing it, and using the insights identified to transform organizations. The end result in all these cases is that data efforts come to naught. Let's go, and have some sexy data presentation fun!

Visualization 149

Visualization IT Strategy Key Performance Indicator 149

CIO Business Intelligence

MARCH 4, 2025

Setting the roadmap Blocks developer experience team determines its roadmap using quantitative and qualitative data to identify opportunities and measure impact. Through the DX platform, Block is able to provide developer experience metrics to all leaders and teams across the company.

Experimentation 69

Experimentation Metrics Data-driven Measurement 69

datapine

SEPTEMBER 1, 2020

Today, there are online data visualization tools that make it easy and fast to build powerful market-centric research dashboards. For instance, I could easily filter the data by choosing only the female answers, or only the people aged between 25 and 34, or only the 25-34 males if that is my target audience.

Reporting 247

Reporting Marketing KPI Dashboards 247

O'Reilly on Data

NOVEMBER 13, 2018

There are also many important considerations that go beyond optimizing a statistical or quantitative metric. What is needed are data scientists who can interrogate the data and understand the underlying distributions, working alongside domain experts who can evaluate models holistically. Real modeling begins once in production.

Machine Learning 277

Machine Learning Risk Management Statistics 277

datapine

FEBRUARY 9, 2024

An even more interesting fact: The blogs we read regularly are not only influenced by KPI management but also concerning content, style, and flow; they’re often molded by the suggestions of these goal-driven metrics. For example, customer satisfaction metrics are used to drive a better customer experience. What happens next?

KPI 221

KPI Management Key Performance Indicator Measurement 221

Smart Data Collective

DECEMBER 17, 2021

Marketing Analytics is the process of analyzing marketing data to determine the effectiveness of different marketing activities. The process of Marketing Analytics consists of data collection, data analysis, and action plan development. Types of Data Used in Marketing Analytics. Data is a constant in today’s world.

Marketing Analytics 122

Marketing Analytics Marketing Data-driven Analytics 122

Smart Data Collective

DECEMBER 9, 2021

Businesses already have a wealth of data but understanding your business will help you identify a data need – what kind of data your business needs to collect and if it collects too much or too little of certain data. Collecting too much data would be overwhelming and too little – inefficient.

Big Data 142

Big Data Data-driven Key Performance Indicator Testing 142

Jet Global

DECEMBER 6, 2019

Creating reports inside the SAP ecosystem involves the careful collection and integration of data in ways that only IT knows how to connect. It may seem absolutely necessary that tech professionals be required for a complex, data-driven process like reporting. Things aren’t any better for the IT department.

Reporting 98

Reporting IT Key Performance Indicator Finance 98

Smart Data Collective

JUNE 21, 2023

Big data analytics can help firms save money. Talent analytics is the use of big data for HR functions. It gathers and analyzes data from current and prospective employees. Big data in marketing gathers and analyzes data from customers. There are a number of major benefits of using big data in human resources.

Data-driven 114

Data-driven Analytics Metrics Big Data 114

Smart Data Collective

JUNE 8, 2023

However, many other industries have also been affected by advances in big data technology. Data analytics can impact the sports industry and a number of different ways. The introduction of data collection and analysis has revolutionized the way teams and coaches approach the game. The sports industry is among them.

Data Analytics 105

Data Analytics Analytics Data Collection Statistics 105

Occam's Razor

OCTOBER 14, 2014

One of the key elements in the process of setting targets for your own performance it to collect benchmarks from others (competitors, industry-level, etc.) Own data benchmarks. But it is often a million times simpler to create your first set of benchmarks using your own data/performance. But, you have your own data!

Key Performance Indicator 135

Key Performance Indicator Metrics Reporting Marketing 135

Jet Global

JUNE 5, 2020

An insurance Key Performance Indicator (KPI) or metric is a measure that an insurance company uses to monitor its performance and efficiency. Insurance metrics can help a company identify areas of operational success, and areas that require more attention to make them successful. This insurance metric helps gauge two different aspects.

Insurance 59

Insurance Metrics Reporting KPI 59

Occam's Razor

JANUARY 12, 2015

I led a discussion the other day with a collection of people who were brand new to the space and some who were jaded long-term residents of Camp Web Analytics. I led a discussion the other day with a collection of people who were brand new to the space and some who were jaded long-term residents of Camp Web Analytics. Let's go!

Analytics 151

Analytics Slice and Dice KPI Metrics 151

Occam's Razor

JANUARY 30, 2012

When it comes to data analysis, you are usually more likely to see me share guidance on advanced segmentation or custom reports or advanced social metrics or controlled experiments or economic value or competitive intelligence or web analytics maturity or one of an infinite number of difficult, if hugely rewarding, things.

Analytics 146

Analytics Dashboards Metrics Key Performance Indicator 146

Occam's Razor

FEBRUARY 22, 2010

It is simply magnificent what you can do with freely available data on the web about your direct competitors, your industry segment and indeed how people behave on search engines and other websites. Not all sources of CI data are created equal. Typically, data collected is anonymous and not personally identifiable information (PII).

Metrics 124

Metrics Advertising Reporting Data Collection 124

datapine

JANUARY 6, 2022

Data analysis and interpretation have now taken center stage with the advent of the digital age… and the sheer amount of data can be frightening. In fact, a Digital Universe study found that the total data supply in 2012 was 2.8 The importance of data interpretation is evident and this is why it needs to be done properly.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

DataRobot

AUGUST 25, 2021

For one thing, there’s mathematical complexity around identifying the presence of bias in data. A family of bias and fairness metrics in modeling describes the ways in which a model can perform differently for distinct groups in your data. The largest source of bias in an AI system is the data it was trained on.

Metrics 98

Metrics Measurement Machine Learning Data Collection 98

datapine

JUNE 4, 2020

A CTO dashboard is a critical tool in the process of evaluating, monitoring, and analyzing crucial high-level IT metrics such as support expenses or critical bugs, e.g., with the goal to create a centralized and dynamic point of access for all relevant IT data.

Dashboards 130

Dashboards Reporting Metrics Visualization 130