CIO Business Intelligence

DECEMBER 19, 2024

While crucial, if organizations are only monitoring environmental metrics, they are missing critical pieces of a comprehensive environmental, social, and governance (ESG) program and are unable to fully understand their impacts. of survey respondents) and circular economy implementations (40.2%).

IT 52

IT IoT Machine Learning Optimization 52

Occam's Razor

JULY 24, 2018

work (collection, processing, reporting, analysis), processes, org structure, governance models, last-mile gaps , metrics ladders of awesomeness , and… so… much… more. Remember, tools, work, processes, org structure, governance models, last-mile gaps, metrics ladders of awesomeness, and… so… much… more. The Implications of Complexity.

Analytics 95

Analytics Metrics Strategy Measurement 95

Occam's Razor

DECEMBER 9, 2009

They also tend to generate inefficiencies (everyone's doing their own thing after all) be it with tools or work or metrics definitions or testing platforms or… Decentralized organizations optimize for a local maxima and it happens all the time that while individual divisions in a company win, that the company as a whole loses.

Analytics 95

Analytics Data-driven Marketing Sales 95

Sisense

NOVEMBER 23, 2020

Marketing needs quantitative metrics to justify every dollar they’re spending, the return they’re getting, and the revenue generated, so it’s one of the best examples of why you need a data-driven, evidence-based decision making culture within an organization,” he explains. Right tools/open source.

Analytics 98

Analytics Data-driven Marketing Reporting 98

Domino Data Lab

AUGUST 6, 2021

Develop: includes accessing and preparing data and algorithms, researching and development of models and experimentation. Monitor: includes monitoring the performance of the model, tracking metrics, as well as driving adoption of the model by those it was intended to serve.

Data Science 75

Data Science Testing Modeling Publishing 75

Cloudera

JUNE 6, 2019

At the other end of the spectrum, the admin may instantiate a number of low-priority dev clusters – these clusters may often run at capacity, not require performance guarantees, but also provide more agility and flexibility for experimentation. Cloudera Manager 6.2

Metadata 86

Metadata Data Lake Optimization Strategy 86

DataRobot Blog

FEBRUARY 15, 2023

Estimating Asset Value Using the DataRobot AI Platform According to the Federal Housing Finance Agency, the U.S. This helps with getting more creative with your experimentation. The MLOps command center gives you a birds-eye view of your model, monitoring key metrics like accuracy and data drift.

Machine Learning 52

Machine Learning Modeling Cost-Benefit Metrics 52

Occam's Razor

FEBRUARY 7, 2022

Since you're reading a blog on advanced analytics, I'm going to assume that you have been exposed to the magical and amazing awesomeness of experimentation and testing. And yet, chances are you really don’t know anyone directly who uses experimentation as a part of their regular business practice. Wah wah wah waaah.

Experimentation 103

Experimentation Testing Optimization Marketing 103

Occam's Razor

JULY 26, 2010

PALM: People Against Lonely Metrics]. So why not your metrics? This is the problem with lonely metrics. Why not find a BFF for your lonely metric and present something like this. I found a "you complete me" for my Visits metric, Bounce Rate. Or an actual outcome metric. 2: Join the PALM club.

Metrics 96

Metrics Measurement Dashboards Reporting 96

Occam's Razor

MARCH 23, 2021

upgrades to processes to create deeper integration with Finance & Strategy teams. This is very hard to do, we now have a proven seven-step experimentation process, with one of the coolest algorithms to pick matched-markets (normally the kiss of death of any large-scale geo experiment). It is powered by the union of: 1.

Analytics 133

Analytics Scorecard Strategy Testing 133

Occam's Razor

JANUARY 9, 2012

If you are doing lame stuff, why try harder in an analytics context by asking for Economic Value or Visitor Loyalty or Conversation Rate or a thousand other super powerful and insightful metrics ? Allocate some of your aforementioned 15% budget to experimentation and testing. Fill it with the best web metrics to measure success.

Marketing 142

Marketing B2B Measurement Risk 142

The Unofficial Google Data Science Blog

JANUARY 14, 2016

Unlike experimentation in some other areas, LSOS experiments present a surprising challenge to statisticians — even though we operate in the realm of “big data”, the statistical uncertainty in our experiments can be substantial. We must therefore maintain statistical rigor in quantifying experimental uncertainty.

Experimentation 42

Experimentation Statistics Metrics Measurement 42

Domino Data Lab

FEBRUARY 4, 2019

Spoiler alert: a research field called curiosity-driven learning is emerging at the nexis of experimental cognitive psychology and industry use cases for machine learning, particularly in gaming AI. Ensure a culture that supports a steady process of learning and experimentation. Secondly, because stakeholders.

Data Science 66

Data Science Experimentation Machine Learning Data-driven 66

Occam's Razor

DECEMBER 12, 2016

What one critical metric will help you clearly measure performance for each strategy above? How will you know if the performance was a success or failure, what's the target for each critical metric? You plus Finance plus CMO.]. [For most of us, you plus the CMO/equivalent.].

Analytics 142

Analytics Data-driven Strategy Consulting 142

The Unofficial Google Data Science Blog

FEBRUARY 29, 2016

Despite a very large number of experimental units, the experiments conducted by LSOS cannot presume statistical significance of all effects they deem practically significant. The result is that experimenters can’t afford to be sloppy about quantifying uncertainty. In statistics, such segments are often called “blocks” or “strata”.

Experimentation 41

Experimentation Statistics Metrics Measurement 41

CIO Business Intelligence

FEBRUARY 5, 2025

Half of CFOs say they plan to cut AI funding if it doesnt show measurable ROI within a year, according to a global survey from accounts payable automation firm Basware, which included 400 CFOs and finance leaders. Clear metrics not only guide the project but also help communicate its value to decision-makers across the organization.

Cost-Benefit 117

Cost-Benefit ROI Metrics Measurement 117

CIO Business Intelligence

MARCH 26, 2025

Rajendra Bisht, Vice President of Technology and Digital at Bajaj Finance summarizes, Our role began to be included in larger conversations around business, operations and revenue when we demonstrated the tangible impact of digital transformation initiatives, such as AI-powered chatbots and AI/ML based solutions. These are her top tips: 1.

Business Objectives 103

Business Objectives Digital Transformation Finance Data-driven 103

CIO Business Intelligence

FEBRUARY 17, 2025

Research from IBM indicates that only 15% of global businesses have established themselves as leaders in AI implementation, while the majority remain in early experimental phases. First, set clear objectives and success metrics. Involve teams from various departments, such as IT, operations, and finance, from the outset.

Experimentation 78

Experimentation Metrics Strategy Manufacturing 78