Occam's Razor

OCTOBER 23, 2006

The title of my presentation at the Washington DC Emetrics summit was: Creating a Data Driven Web Decision Making Culture – Lessons, Tips, Insights from a Practitioner. Seven Steps to Creating a Data Driven Decision Making Culture…… Slide 1: Decision Making Landscape. 2 Solve for the Trinity. #

Data-driven 118

Data-driven Metrics KPI Reporting 118

Occam's Razor

JANUARY 7, 2014

First… it is important to realize that big data's big imperative is driving big action. 7: 25% of all analytical effort is dedicated to data visualization/enhancing data's communicative power. #6: Reporting Squirrels spend 75% or more of their time in data production activities.

Data-driven 142

Data-driven Consulting Reporting Marketing 142

DataKitchen

APRIL 13, 2021

This is not surprising given that DataOps enables enterprise data teams to generate significant business value from their data. Companies that implement DataOps find that they are able to reduce cycle times from weeks (or months) to days, virtually eliminate data errors, increase collaboration, and dramatically improve productivity.

Testing 312

Testing Machine Learning Consulting Data Quality 312

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. Why AI software development is different.

Management 336

Management Machine Learning Experimentation Metrics 336

The Unofficial Google Data Science Blog

APRIL 23, 2024

If the relationship of $X$ to $Y$ can be approximated as quadratic (or any polynomial), the objective and constraints as linear in $Y$, then there is a way to express the optimization as a quadratically constrained quadratic program (QCQP). However, joint optimization is possible by increasing both $x_1$ and $x_2$ at the same time.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

DataRobot Blog

DECEMBER 6, 2022

Savvy data scientists are already applying artificial intelligence and machine learning to accelerate the scope and scale of data-driven decisions in strategic organizations. Other organizations are just discovering how to apply AI to accelerate experimentation time frames and find the best models to produce results.

Experimentation 145

Experimentation Forecasting Data-driven Machine Learning 145

Smart Data Collective

JULY 9, 2023

E-commerce businesses around the world are focusing more heavily on data analytics. There are many ways that data analytics can help e-commerce companies succeed. One benefit is that they can help with conversion rate optimization. One report found that global e-commerce brands spent over $16.7 billion on analytics last year.

Optimization 77

Optimization Data Analytics Analytics Data-driven 77

CIO Business Intelligence

OCTOBER 24, 2024

in 2025, one of the largest percentage increases in this century, and it’s only partially driven by AI. growth this year, with data center spending increasing by nearly 35% in 2024 in anticipation of generative AI infrastructure needs. Data center spending will increase again by 15.5% trillion, builds on its prediction of an 8.2%

IT 133

IT Data-driven Recreation/Entertainment Experimentation 133

CIO Business Intelligence

NOVEMBER 27, 2024

From customer service chatbots to marketing teams analyzing call center data, the majority of enterprises—about 90% according to recent data —have begun exploring AI. For companies investing in data science, realizing the return on these investments requires embedding AI deeply into business processes.

Data Architecture 125

Data Architecture Cost-Benefit Machine Learning Experimentation 125

Occam's Razor

AUGUST 12, 2013

There are few things more complicated in analytics (all analytics, big data and huge data!) There is lots of missing data. And as if that were not enough, there is lots of unknowable data. Understand why I believe that as designed the default position based model is sub-optimal. " low. From a Venn -diagram.

Modeling 162

Modeling Optimization Marketing Interactive 162

CIO Business Intelligence

MAY 12, 2022

The tools include sophisticated pipelines for gathering data from across the enterprise, add layers of statistical analysis and machine learning to make projections about the future, and distill these insights into useful summaries so that business users can act on them. Visual IDE for data pipelines; RPA for rote tasks. Highlights.

Predictive Analytics 137

Predictive Analytics Analytics Statistics Machine Learning 137

datapine

FEBRUARY 4, 2020

Today’s digital data has given the power to an average Internet user a massive amount of information that helps him or her to choose between brands, products or offers, making the market a highly competitive arena for the best ones to survive. First things first – organizing and prioritizing your marketing data.

Reporting 280

Reporting Marketing Advertising Metrics 280

DataKitchen

DECEMBER 1, 2022

Data Team members, have you ever felt overwhelmed? At DataKitchen, we’re trying to give people the tools and best practices to help them succeed with data and keep their job enjoyable and rewarding. With DataOps, data teams can ship data analytics systems faster and more confidently. So don’t wait any longer.

Experimentation 130

Experimentation Data-driven Risk Optimization 130

CIO Business Intelligence

MAY 9, 2024

Its ability to automate routine processes and provide data-driven insights helps create a conducive environment for deep work. Experimentation drives momentum: How do we maximize the value of a given technology? Via experimentation. AI changes the game. It’s like “fail fast” for genAI projects.

Enterprise 106

Enterprise Experimentation Sales Manufacturing 106

CIO Business Intelligence

AUGUST 20, 2024

Pre-pandemic, high-performance teams were co-located, multidisciplinary, self-organizing, agile, and data-driven. These teams focused on delivering reliable technology capabilities, improving end-user experiences, and establishing data and analytics capabilities.

IT 141

IT Digital Transformation Experimentation Risk 141

CIO Business Intelligence

OCTOBER 1, 2022

The partners say they will create the future of digital manufacturing by leveraging the industrial internet of things (IIoT), digital twin , data, and AI to bring products to consumers faster and increase customer satisfaction, all while improving productivity and reducing costs. Smart manufacturing at scale is a challenge.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

CIO Business Intelligence

MARCH 7, 2023

Some IT organizations elected to lift and shift apps to the cloud and get out of the data center faster, hoping that a second phase of funding for modernization would come. There are similar concerns for CIOs looking to build data and analytics capabilities.

Digital Transformation 145

Digital Transformation Data Governance Experimentation Machine Learning 145

Occam's Razor

APRIL 8, 2013

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. Sometimes, we escape the clutches of this sub optimal existence and do pick good metrics or engage in simple A/B testing. Online, offline or nonline.

Metrics 157

Metrics KPI Analytics Key Performance Indicator 157

CIO Business Intelligence

OCTOBER 24, 2024

Noting that companies pursued bold experiments in 2024 driven by generative AI and other emerging technologies, the research and advisory firm predicts a pivot to realizing value. Forrester predicts a reset is looming despite the enthusiasm for AI-driven transformations.

ROI 114

ROI Data-driven Enterprise Experimentation 114

IBM Big Data Hub

JANUARY 17, 2023

Due to the convergence of events in the data analytics and AI landscape, many organizations are at an inflection point. Furthermore, a global effort to create new data privacy laws, and the increased attention on biases in AI models, has resulted in convoluted business processes for getting data to users. Data governance.

Data-driven 56

Data-driven Enterprise Data Governance Data Science 56

CIO Business Intelligence

JULY 24, 2024

This dynamic framework offers CIOs a powerful tool to continually optimize their technology portfolios, ensuring their organizations remain agile, efficient, and future-ready. Key strategies for exploration: Experimentation: Conduct small-scale experiments. Use agile methodologies to implement updates and optimizations quickly.

Technology 95

Technology Experimentation Cost-Benefit ROI 95

CIO Business Intelligence

DECEMBER 19, 2023

After all, every department is pressured to drive efficiencies and is clamoring for automation, data capabilities, and improvements in employee experiences, some of which could be addressed with generative AI. As every CIO can attest, the aggregate demand for IT and data capabilities is straining their IT leadership teams.

Digital Transformation 142

Digital Transformation Unstructured Data Machine Learning Risk Management 142

Occam's Razor

DECEMBER 12, 2016

There is, almost literally, an unlimited number of things you could focus on to create a high impact data-influenced organization. I was asked a few weeks back: " What companies should we proactively help with analytics, for free, so that they can make smarter data-influenced decisions ?" Data quality plays a role into this.

Analytics 142

Analytics Data-driven Strategy Consulting 142

CIO Business Intelligence

JUNE 14, 2023

Data and big data analytics are the lifeblood of any successful business. Getting the technology right can be challenging but building the right team with the right skills to undertake data initiatives can be even harder — a challenge reflected in the rising demand for big data and analytics skills and certifications.

Big Data 126

Big Data Data Analytics Analytics Predictive Modeling 126

CIO Business Intelligence

APRIL 24, 2024

Sales and marketing departments have long been at the forefront of embracing new technologies, and according to data provided by the Alexander Group, a revenue consultancy, 80% of hundreds of survey responses detailed that CROs have formally invested in AI for their marketing teams.

Sales 127

Sales Finance Experimentation Cost-Benefit 127

Occam's Razor

AUGUST 22, 2011

Be data driven?" Six Rules For Creating A Data Driven Boss! Be data driven?" Slay The Analytics Data Quality Dragon & Win Your HiPPO's Love! Web Data Quality: A 6 Step Process To Evolve Your Mental Model. The Ultimate Web Analytics Data Reconciliation Checklist.

KPI 125

KPI Metrics Measurement ROI 125

CIO Business Intelligence

DECEMBER 29, 2023

The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. They want to know how to handle access to their data as it comes in faster.”

Cost-Benefit 137

Cost-Benefit Digital Transformation Consulting Strategy 137

Insight

APRIL 28, 2020

Originally posted on Open Data Science (ODSC). In this article, we share some data-driven advice on how to get started on the right foot with an effective and appropriate screening process. Designing a Data Science Interview Onsite interviews are indispensable, but they are time-consuming.

Data-driven 53

Data-driven Data Science Experimentation Measurement 53

CIO Business Intelligence

DECEMBER 10, 2024

As a data-driven company, InnoGames GmbH has been exploring the opportunities (but also the legal and ethical issues) that the technology brings with it for some time. Both were created to address a fundamental problem in two respects: Data that remains unused: InnoGames collects more than 1.7 The games industry is no exception.

Data-driven 84

Data-driven Metadata Interactive KPI 84

Domino Data Lab

JULY 2, 2019

Paco Nathan ‘s latest article covers program synthesis, AutoPandas, model-driven data queries, and more. In other words, using metadata about data science work to generate code. In this case, code gets generated for data preparation, where so much of the “time and labor” in data science work is concentrated.

Metadata 105

Metadata Machine Learning Data Science Data-driven 105

Cloudera

SEPTEMBER 17, 2020

Today’s data tool challenges. By enabling their event analysts to monitor and analyze events in real time, as well as directly in their data visualization tool, and also rate and give feedback to the system interactively, they increased their data to insight productivity by a factor of 10. .

Data Warehouse 82

Data Warehouse Experimentation Dashboards Visualization 82

CIO Business Intelligence

JANUARY 9, 2024

Many organizations know that commercially available, “off-the-shelf” generative AI models don’t work well in enterprise settings because of significant data access and security risks. Lesson 1: Don’t start from scratch to train your LLM model Massive amounts of data and computational resources are needed to train an LLM.

Enterprise 114

Enterprise Experimentation Modeling Data-driven 114

Occam's Razor

MARCH 23, 2010

My problem with these mistruths and FUD is that they result in a ton of practitioners and companies making profoundly sub optimal choices, which in turn results in not just much longer slogs but also spectacular career implosions and the entire web analytics industry suffering. This is sad. Even a little frustrating. This instant.

Analytics 119

Analytics Consulting Metrics Experimentation 119

Occam's Razor

SEPTEMBER 19, 2011

We have to do Search Engine Optimization. It is also important to point out that I am keeping the data simple purely to keep communication of the story straightforward. Here's the outcomes data for the control version of the experiment. We have to do Email Marketing. We have to do Paid Search. We have to do Social Media.

Measurement 120

Measurement Advertising Testing Marketing 120

CIO Business Intelligence

OCTOBER 14, 2024

Focused on digitization and innovation and closely aligned with lines of business, some 40% of IT leaders surveyed in CIO.com’s State of the CIO Study 2024 characterize themselves as transformational, while a quarter (23%) consider themselves functional: still optimizing, modernizing, and securing existing technology infrastructure.

Digital Transformation 129

Digital Transformation Experimentation Cost-Benefit Risk 129

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

Domino Data Lab

FEBRUARY 12, 2020

This post is for people making technology decisions, by which I mean data science team leads, architects, dev team leads, even managers who are involved in strategic decisions about the technology used in their organizations. Suppose you have an “expensive” function to run repeatedly over data records. Introduction. by adding the ?@ray.remote?

Experimentation 137

Experimentation Modeling Data Science Machine Learning 137