Occam's Razor

APRIL 8, 2013

First, you figure out what you want to improve; then you create an experiment; then you run the experiment; then you measure the results and decide what to do. For each of them, write down the KPI you're measuring, and what that KPI should be for you to consider your efforts a success. Measure and decide what to do.

Metrics 157

Metrics KPI Analytics Key Performance Indicator 157

CIO Business Intelligence

AUGUST 20, 2024

While the focus at these three levels differ, CIOs should provide a consistent definition of high performance and how it’s measured. CIOs should help team leaders develop meaningful relationships with business stakeholders and define roles and responsibilities for stakeholder and team interactions.

IT 141

IT Digital Transformation Experimentation Risk 141

The Unofficial Google Data Science Blog

APRIL 23, 2024

the weight given to Likes in our video recommendation algorithm) while $Y$ is a vector of outcome measures such as different metrics of user experience (e.g., Taking measurements at parameter settings further from control parameter settings leads to a lower variance estimate of the slope of the line relating the metric to the parameter.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

Occam's Razor

AUGUST 12, 2013

Last Interaction/Last Click Attribution model. First Interaction/First Click Attribution Model. I strongly encourage you to read the post and deeply understand all three and what your marketing and measurement possibilities and limitations are. Last Interaction/Last Click Attribution model. Linear Attribution Model.

Modeling 162

Modeling Optimization Marketing Interactive 162

CIO Business Intelligence

FEBRUARY 1, 2024

These include capturing clinical encounters and summarising interactions such as past medical histories and health recommendations, providing patients with tailored educational materials and follow-up care recommendations, and reducing wait times by identifying patients most in need of care and targeting them with personalised coaching.

Experimentation 114

Experimentation Forecasting Measurement Cost-Benefit 114

CIO Business Intelligence

SEPTEMBER 12, 2024

Unmonitored AI tools can lead to decisions or actions that undermine regulatory and corporate compliance measures, particularly in sectors where data handling and processing are tightly regulated, such as finance and healthcare. Review and integrate successful experimental AI projects into the company’s main operational framework.

Experimentation 110

Experimentation Risk Cost-Benefit Strategy 110

CIO Business Intelligence

JUNE 13, 2024

Proof that even the most rigid of organizations are willing to explore generative AI arrived this week when the US Department of the Air Force (DAF) launched an experimental initiative aimed at Guardians, Airmen, civilian employees, and contractors. For now, AFRL is experimenting with self-hosted open-source LLMs in a controlled environment.

Testing 118

Testing Experimentation Data Processing Modeling 118

CIO Business Intelligence

APRIL 4, 2022

The early days of the pandemic taught organizations like Avery Dennison the power of agility and experimentation. We are just starting to come back into the office, but in six months we’ll have a much better measure” of efficiencies gained. “I Teams require some face-to-face interaction. I started booking lots of meetings.

Experimentation 133

Experimentation Interactive Business Objectives Manufacturing 133

CIO Business Intelligence

JUNE 15, 2023

And while 68% of leaders believe their companies have implemented adequate measures to ensure responsible use of AI, only 29% of their frontline employees feel that way. There are other ways in which employees’ concerns about AI is unevenly distributed, too. Leaders are more likely to be optimistic, and frontline workers concerned, BCG found.

Management 115

Management Experimentation Optimization Enterprise 115

CIO Business Intelligence

JUNE 14, 2023

Certifications measure your knowledge and skills against industry- and vendor-specific benchmarks to prove to employers that you have the right skillset. Organization: CompTIA Price: US$246 How to prepare: CompTIA offers elearning, interactive labs, and exam prep through CertMaster, study guides, and instructor-led training.

Big Data 126

Big Data Data Analytics Analytics Predictive Modeling 126

The Unofficial Google Data Science Blog

OCTOBER 7, 2015

by HENNING HOHNHOLD, DEIRDRE O'BRIEN, and DIANE TANG In this post we discuss the challenges in measuring and modeling the long-term effect of ads on user behavior. Nevertheless, A/B testing has challenges and blind spots, such as: the difficulty of identifying suitable metrics that give "works well" a measurable meaning.

Modeling 63

Modeling Experimentation Knowledge Discovery KDD 63

CIO Business Intelligence

MAY 1, 2024

Pilots can offer value beyond just experimentation, of course. McKinsey reports that industrial design teams using LLM-powered summaries of user research and AI-generated images for ideation and experimentation sometimes see a reduction upward of 70% in product development cycle times. What are you measuring?

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

datapine

JANUARY 31, 2022

For example, in regards to marketing, traditional advertising methods of spending large amounts of money on TV, radio, and print ads without measuring ROI aren’t working like they used to. They’re about having the mindset of an experimenter and being willing to let data guide a company’s decision-making process. The results?

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Occam's Razor

JULY 1, 2008

3 ] Provide you with a bushel of specific multichannel measurement ideas to help quantify the offline impact of your online presence. Why should you care about measuring multichannel impact? There are many jobs your website is doing, it is your job to measure the holistic impact. Bonus Tip : But don't stop there.

Analytics 116

Analytics Measurement Marketing Sales 116

CIO Business Intelligence

AUGUST 21, 2024

When multiple independent but interactive agents are combined, each capable of perceiving the environment and taking actions, you get a multiagent system. It wasn’t just a single measurement of particulates,” says Chris Mattmann, NASA JPL’s former chief technology and innovation officer. “It

Risk 136

Risk Insurance Cost-Benefit Software 136

CIO Business Intelligence

MAY 16, 2023

It surpasses blockchain and metaverse projects, which are viewed as experimental or in the pilot stage, especially by established enterprises. Metaverse experiences enable new ways of interacting Metaverses are persistent, connected virtual spaces where users or visitors can immerse themselves in work, play, commerce, and socialization.

Advertising 104

Advertising Recreation/Entertainment Experimentation Data Collection 104

Smart Data Collective

JULY 9, 2023

Not only can such patterns create a greater awareness of user interactions, but they can also provide invaluable data on where improvements can be made. Experimentation is the key to finding the highest-yielding version of your website elements. Take no risks when it comes to protecting data privacy!

Optimization 97

Optimization Data Analytics Analytics Data-driven 97

Occam's Razor

NOVEMBER 2, 2015

For the rest of this post, I'm going to use the first three to capture the essence of social engagement and brand impact, and one to measure impact on the business. "So what if no one interacted with your Twitter feed, at least they saw it! "It's It covers, content, marketing and measurement. Claim the URL.

B2B 167

B2B Metrics Recreation/Entertainment Testing 167

CIO Business Intelligence

APRIL 26, 2023

Experimentation broadens expertise, particularly in a rapidly evolving field like technology where being able to learn many new skills is key to both career and enterprise success, he says. Ensure there’s an ability to measure training effectiveness during and after the training program’s completion.”

IT 105

IT Experimentation Forecasting Machine Learning 105

Occam's Razor

AUGUST 13, 2012

Yehoshua Coren: Best ways to measure user behavior in a multi-touch, multi-device digital world. What's possible to measure. What's not possible to measure. We all have smart phones, laptops, tablets and soon Smart TVs – but most of our measurements are usually done in Cookies that are device/browser specific.

Modeling 125

Modeling Metrics Data Quality Data-driven 125

Domino Data Lab

JUNE 23, 2019

Skomoroch proposes that managing ML projects are challenging for organizations because shipping ML projects requires an experimental culture that fundamentally changes how many companies approach building and shipping software. These measurement-obsessed companies have an advantage when it comes to AI.

Management 110

Management Machine Learning Experimentation Metrics 110

Cloudera

OCTOBER 8, 2024

By 2023, the focus shifted towards experimentation. Comprehensive safeguards, including authentication and authorization, ensure that only users with configured access can interact with the model endpoint. These innovations pushed the boundaries of what generative AI could achieve.

Optimization 75

Optimization Experimentation Metrics Enterprise 75

The Unofficial Google Data Science Blog

JANUARY 16, 2018

Experimentation on networks A/B testing is a standard method of measuring the effect of changes by randomizing samples into different treatment groups. With A/B testing, we can validate various hypotheses and measure the impact of our product changes, allowing us to make better decisions. This could create confusion.

Testing 59

Testing Experimentation Measurement Modeling 59

CIO Business Intelligence

OCTOBER 18, 2023

Gen AI boom in the making Many early and established forays into generative AI are being developed on the AI platforms of cloud leaders Microsoft, Google, and Amazon, reportedly with numerous guardrails and governance measures in place to contain unrestricted exploration.

Risk 141

Risk Manufacturing Enterprise Technology 141

The Unofficial Google Data Science Blog

MARCH 22, 2018

But what if users don't immediately uptake the new experimental version? Background At Google, experimentation is an invaluable tool for making decisions and inference about new products and features. For example, we might want to stop the process if we measure harmful effects early. What if their uptake rate is not uniform?

Experimentation 62

Experimentation Measurement Modeling Statistics 62

bridgei2i

APRIL 28, 2020

And obviously, such times call for truly unprecedented measures. How do you change that to something that’s more digital and online, yet still kind of mimics the interactivity that people get used to? It’s wonderful to have leadership that is encouraging of experiments, that kind of experimentation and innovation.

Enterprise 103

Enterprise Data Analytics Analytics Forecasting 103

Occam's Razor

AUGUST 23, 2010

Why comes from lab usability studies , website surveys , "follow me home" exercises, experimentation & testing , and other such delightful endeavors. In as much, heuristic evaluations follow a set of well established rules (best practices) in web design and how website visitors experience websites and interact with them.

Analytics 116

Analytics Cost-Benefit Testing Optimization 116

IBM Big Data Hub

MARCH 4, 2024

It’s also crucial to modernize existing applications that interact with AI. This culture encourages experimentation and expertise growth. Innovate and modernize applications Innovating with new AI-based applications to deliver outstanding experiences is essential.

Enterprise 96

Enterprise ROI Risk Strategy 96

Cloudera

JUNE 6, 2019

When a mix of batch, interactive, and data serving workloads are added to the mix, the problem becomes nearly intractable. also includes tools for measuring network latency and cross-sectional bandwidth between compute clusters and base clusters to ensure you have an appropriate networking environment for using VPC.

Metadata 86

Metadata Data Lake Optimization Strategy 86

The Unofficial Google Data Science Blog

JULY 31, 2016

The analysis can be straightforward, especially when it's safe to assume that individual observations of an outcome measure are independent. The outcome measure we care about is an average of the students' test scores, and so the unit of observation is a student. To figure this out, let's consider an appropriate experimental design.

Experimentation 42

Experimentation Testing Measurement Metrics 42

Ontotext

JULY 6, 2023

This shift of both a technical and an outcome mindset allows them to establish a centralized metadata hub for their data assets and effortlessly access information from diverse systems that previously had limited interaction. It incorporates the knowledge of Subject Matter Experts and ensures accurate sentiment measurements.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

Domino Data Lab

DECEMBER 4, 2020

Domino Lab supports both interactive and batch experimentation with all popular IDEs and notebooks (Jupyter, RStudio, SAS, Zeppelin, etc.). TIME – time points of measured pain score and plasma concentration (in hrs). The analyses shown below are accessible in the NCA project on Domino’s trial site. and 3 to 8 hours.

Metrics 59

Metrics Data Science Knowledge Discovery Measurement 59

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. Example: A student is struggling with a complex math concept.

Cost-Benefit 89

Cost-Benefit Manufacturing Modeling Interactive 89

The Unofficial Google Data Science Blog

DECEMBER 14, 2021

In this post, we discuss three types of uncertainty: Statistical uncertainty : the gap between the estimand , the unobserved property of the population we wish to measure, and an estimate of it from observed data. Representational uncertainty : the gap between the desired meaning of some measure and its actual meaning.

Uncertainty 56

Uncertainty Statistics Measurement Cost-Benefit 56

Insight

APRIL 28, 2020

How will they interact with product, engineering, sales, or marketing? you’re looking for a collaborator who can work and communicate well with you and your team, as well as anyone else that interacts with your team. provide an opportunity to measure both. What to evaluate: How will this person contribute to your culture?

Data-driven 53

Data-driven Data Science Experimentation Measurement 53

Cloudera

NOVEMBER 25, 2020

And soon also sensor measures, and possibly video or audio data with the increased use of device technology and telemedicine in medical care. Scale to provide 1,000s of researchers frictionless interaction with data. It would enable faster experimentation with easy, protected, and governed access to a variety of data.

Data Warehouse 59

Data Warehouse Unstructured Data Analytics Visualization 59

Occam's Razor

FEBRUARY 8, 2021

From observing behavior closely, and from my own experimentation and failure, I've noticed consistent patterns in what great employees do and great bosses do. Caring touches all sorts of interactions you’ll have. They have no current analytical skills and tell the measurement team what their strategy should be.

Strategy 134

Strategy Statistics Cost-Benefit Marketing 134