Occam's Razor

JUNE 25, 2012

The way data is collected online and what happens to it is a much-scrutinized issue (and rightly so). Digital data collection is also exceedingly complex, perhaps a reflection of the organic nature, and subsequent explosion, of the internet. Web Data Collection Context: Cookies and Tools. La vita è bella.

Data Collection 131

Data Collection Advertising Metrics Reporting 131

Smart Data Collective

JULY 9, 2023

Understanding E-commerce Conversion Rates There are a number of metrics that data-driven e-commerce companies need to focus on. It is a crucial metric that provides priceless information about your website’s ability to transform visitors into paying customers. Some of the most important is conversion rates.

Optimization 75

Optimization Data Analytics Analytics Data-driven 75

Timo Elliott

NOVEMBER 14, 2024

Real-World Examples of Greenwashing Some of the most notorious greenwashing scandals illustrate both deliberate deception and regulatory gray areas: Volkswagen’s Dieselgate: The automaker was fined over $25 billion in 2015 for equipping vehicles with devices that manipulated emissions tests. What Should Companies Do?

Advertising 59

Advertising Measurement Cost-Benefit Metrics 59

Smart Data Collective

FEBRUARY 14, 2023

They test the product and find bugs that turn customers away. Game analysts are exclusively engaged in testing and reporting, and the elimination of identified problems falls on the shoulders of the development team. The specialist’s responsibilities are: Key metrics analysis. Creation of hypotheses and their testing.

Big Data 121

Big Data Data Analytics Analytics Testing 121

Occam's Razor

JULY 18, 2011

You must use metrics that are unique to the medium. Ready for the best email marketing campaign metrics? So for our email campaign analysis let’s look at metrics using that framework. Optimal Acquisition Email Metrics. Allow me to rush and point out that this metric is usually just directionally accurate.

Metrics 138

Metrics Marketing Measurement Cost-Benefit 138

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. And again, a custom set of metrics.

Metrics 143

Metrics Reporting Analytics Marketing 143

DataKitchen

JUNE 21, 2024

Architectural Limitations: Data and process architectures that are outdated, inadequate, or fail to scale with growing data volumes can become a significant bottleneck, leading to quality issues and inefficiencies. Gather Data on Current Issues : Conduct a thorough assessment of ongoing data quality problems.

Data Quality 133

Data Quality Measurement Metrics Data Collection 133

datapine

SEPTEMBER 1, 2020

Your Chance: Want to test a market research reporting software? An effective modern means of extracting real value from your research results such as brand analysis, market research reports present and arrange data in a way that is digestible and logical in equal measures through professional online reporting software and tools.

Reporting 247

Reporting Marketing KPI Dashboards 247

IBM Big Data Hub

DECEMBER 18, 2023

Are there alternatives to RUM data? Does that imply that there are “fake” user metrics as well? Synthetic data is where algorithms and simulations attempt to create the experience of an “average” user based on representative data samples. How is RUM data collected and processed?

IT 63

IT Metrics Optimization Testing 63

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. Your Chance: Want to test professional business reporting software? Let’s get started. Explore our 14-day free trial.

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

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 Business Objectives 140

O'Reilly on Data

MAY 14, 2020

The foundation of any data product consists of “solid data infrastructure, including data collection, data storage, data pipelines, data preparation, and traditional analytics.” data platform, metrics, ML/AI research, and applied ML). Avinash Kaushik’s Web Analytics 2.0

Management 363

Management Experimentation B2B Machine Learning 363

CIO Business Intelligence

JULY 5, 2022

BI focuses on descriptive analytics, data collection, data storage, knowledge management, and data analysis to evaluate past business data and better understand currently known information. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward.

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

datapine

JANUARY 6, 2022

Qualitative data, as it is widely open to interpretation, must be “coded” so as to facilitate the grouping and labeling of data into identifiable themes. Frequency distribution is extremely keen in determining the degree of consensus among data points. What is the keyword? Dependable. minimal growth).

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

O'Reilly on Data

MARCH 31, 2020

The model outputs produced by the same code will vary with changes to things like the size of the training data (number of labeled examples), network training parameters, and training run time. This has serious implications for software testing, versioning, deployment, and other core development processes.

Management 339

Management Machine Learning Experimentation Metrics 339

Smart Data Collective

AUGUST 11, 2022

Although the primary goal of AI is to enhance data quality, not all data collected is of high quality. However, Ai uses algorithms that can screen and handle large data sets. Therefore, algorithm testing and training on data quality are necessary. Assessment of Data Types for Quality.

Data Quality 131

Data Quality Machine Learning Digital Transformation Big Data 131

datapine

JUNE 13, 2019

So they taste test frequently throughout the whole process. 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. Instead, you want to focus more on process metrics.

Sales 264

Sales Reporting KPI B2B 264

CIO Business Intelligence

JUNE 5, 2023

CEOs believe new technology will allow them to reach sustainability goals and build resilience, with 55% of CEOs enhancing sustainability data collection capabilities, and 48% transitioning to a cloud infrastructure. The CIO’s role in delivering this technology will be essential.

Measurement 105

Measurement Software Visualization Business Objectives 105

CIO Business Intelligence

FEBRUARY 13, 2023

Larger is Better involves a “lower specification limit,” such as test scores — where the target is 100%. Measure performance of the current process by establishing a data collection plan to determine defects and gather metrics. Improve the process by eliminating root causes of defects through innovative solutions.

Management 97

Management Statistics Manufacturing Measurement 97

AWS Big Data

FEBRUARY 26, 2024

It empowers businesses to explore and gain insights from large volumes of data quickly. Amazon OpenSearch Ingestion is a fully managed, serverless data collection solution that efficiently routes data to your OpenSearch Service domains and Amazon OpenSearch Serverless collections. Choose the Test tab.

Dashboards 67

Dashboards Testing Metrics Optimization 67

Smart Data Collective

FEBRUARY 24, 2022

The three biggest enemies to user onboarding are the lack of data analysis, data collection, and the wrong amount of information. Unfortunately, many businesses worldwide are not doing a good job collecting data and thus, fail to enhance customer relationships. Pay attention to the metrics.

Data Analytics 115

Data Analytics Analytics Visualization Optimization 115

Cloudera

AUGUST 17, 2020

Data Collection Request – A sentence requesting data from the customer. Next is to join this all together along with some metrics to help promote the more relevant content. Testing the Results. To test the validity of this approach, we performed tests at various stages of the process.

Testing 88

Testing Machine Learning Interactive Metrics 88

Smart Data Collective

FEBRUARY 1, 2023

You can’t even sleep uninterrupted without getting woken up every few hours for a test or a check-in. The bed can also monitor patient activity and provide data on things like heart rate, or even sleep patterns — important metrics that can make a big difference in healthcare outcomes. It has to be this way of course.

Data Analytics 119

Data Analytics Analytics Big Data Internet of Things 119

CIO Business Intelligence

MAY 16, 2023

Big Data collection at scale is increasing across industries, presenting opportunities for companies to develop AI models and leverage insights from that data. Regulation: Lawmakers worldwide are considering privacy legislation and other rules that could limit the scope of data collection and AI use cases.

Advertising 105

Advertising Recreation/Entertainment Experimentation Enterprise 105

Cloudera

APRIL 9, 2021

This blog series follows the manufacturing and operations data lifecycle stages of an electric car manufacturer – typically experienced in large, data-driven manufacturing companies. The first blog introduced a mock vehicle manufacturing company, The Electric Car Company (ECC) and focused on Data Collection.

Machine Learning 98

Machine Learning Forecasting Manufacturing Predictive Analytics 98

CIO Business Intelligence

SEPTEMBER 8, 2022

Most organizations understand the profound impact that data is having on modern business. In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years.

Cost-Benefit 122

Cost-Benefit Internet of Things Data-driven Data Lake 122

DataRobot

OCTOBER 20, 2021

The distinction between various data roles: Understanding data roles (i.e., data engineers, data scientists, machine learning engineers, etc.) Data Literacy for Responsible AI. The post Responsible AI Relies on Data Literacy appeared first on DataRobot | AI Cloud. WHITE PAPER. Download Now.

Machine Learning 52

Machine Learning Metrics Risk Deep Learning 52

Smart Data Collective

MAY 29, 2022

What is data analytics? One of the most buzzing terminologies of this decade has got to be “data analytics.” Companies generate unlimited data every day, and there is no end to the data collected over time. Companies need all of this data in a structured manner to improve their decision—making capabilities.

Data Analytics 134

Data Analytics Analytics Insurance Strategy 134

Cloudera

MARCH 18, 2021

Continuous monitoring will be required, and banks will need to conduct back-testing to ensure accuracy. From a data management point of view, FRTB’s requirements will require greatly increased quantities of historical data, along with an increased need for analysis and intensive computation against this data. .

Machine Learning 55

Machine Learning Risk Risk Management Measurement 55

Jet Global

SEPTEMBER 29, 2021

To meet this shift in roles, the new breed of Finance leader is increasingly becoming data-driven, combining quality data drawn from multiple sources to put strategic decisions in context and choose the highest-impact business direction. How Finance Leaders Use Data to Support Decision-Making. Provide Access to Quality Data.

Data-driven 52

Data-driven Finance Data Collection Metrics 52

Smart Data Collective

JUNE 29, 2022

The first basic step is to compare and test different samples of training data for representativeness. Since AI relies on high-quality and high quantity data, staying compliant with data collection laws is crucial. Success Metrics. Metrics of success for one fintech firm may be different than another.

Cost-Benefit 91

Cost-Benefit Predictive Analytics Finance Forecasting 91

Alation

OCTOBER 12, 2022

It is important to take into account that not all numeric data can be part of a calculation or aggregated. These terms that cannot aggregate, like a percentage, are often called non-aggregatable metrics. What Is Quantitative Data Analysis? What Is the Role of Statistics in Quantitative Data Analysis?

Statistics 52

Statistics Sales Testing Marketing 52

FineReport

JUNE 7, 2023

In the subsequent sections, we elucidate the key benefits in detail: Enhanced Project Visibility: Project management dashboards provide a centralized and real-time view of project data, allowing stakeholders to easily monitor and track project progress, tasks, and milestones.

Dashboards 52

Dashboards Management Visualization Cost-Benefit 52

The Unofficial Google Data Science Blog

OCTOBER 31, 2016

By PATRICK RILEY For a number of years, I led the data science team for Google Search logs. We were often asked to make sense of confusing results, measure new phenomena from logged behavior, validate analyses done by others, and interpret metrics of user behavior. Description : What’s the objective interpretation of this data?

Metrics 107

Metrics Measurement Statistics Data Collection 107

Juice Analytics

MARCH 30, 2021

(3) Data Product Ecosystem To enable the flow of information and the creation and sharing of data products, you need standards, tools, and processes in place. A good example is what Apple did with the App Store in creating a platform and standards by which apps are created, tested, distributed, and reviewed.

Cost-Benefit 131

Cost-Benefit Statistics Metrics Dashboards 131

IBM Big Data Hub

SEPTEMBER 19, 2023

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

Domino Data Lab

JUNE 23, 2019

Companies with successful ML projects are often companies that already have an experimental culture in place as well as analytics that enable them to learn from data. Ensure that product managers work on projects that matter to the business and/or are aligned to strategic company metrics. It is similar to R&D. Transcript.

Management 110

Management Machine Learning Experimentation Metrics 110