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

MAY 22, 2006

This post is a primer on the delightful world of testing and experimentation (A/B, Multivariate, and a new term from me: Experience Testing). Experimentation and testing help us figure out we are wrong, quickly and repeatedly and if you think about it that is a great thing for our customers, and for our employers.

Experimentation 103

Experimentation Testing Optimization Measurement 103

DataKitchen

JANUARY 20, 2021

Centralizing analytics helps the organization standardize enterprise-wide measurements and metrics. With a standard metric supported by a centralized technical team, the organization maintains consistency in analytics. The beauty of DataOps is that you don’t have to choose between centralization and freedom. DataOps Transformation.

Metrics 243

Metrics Experimentation Measurement Testing 243

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). Media-Mix Modeling/Experimentation. Still, let me try to surprise you. Here's a graph that shows how US adults consume media, it shows time in hours.

Metrics 143

Metrics Reporting Analytics Marketing 143

Occam's Razor

MAY 15, 2006

There is a lot of "buzz" around "buzzy" metrics such as brand value / brand impact, blog-pulse , to name a couple. IMHO these "buzzy" metrics might be a sub optimal use of time/resources if we don't first have a hard core understanding of customer satisfaction and task completion on our websites.

Metrics 100

Metrics Experimentation Testing Interactive 100

CIO Business Intelligence

APRIL 25, 2024

Fits and starts As most CIOs have experienced, embracing emerging technologies comes with its share of experimentation and setbacks. So the social media giant launched a generative AI journey and is now reporting the results of its experience leveraging Microsoft’s Azure OpenAI Service. The initial deliverables “felt lacking,” Bottaro said.

IT 139

IT Cost-Benefit Experimentation Metrics 139

AWS Big Data

NOVEMBER 19, 2024

Customers maintain multiple MWAA environments to separate development stages, optimize resources, manage versions, enhance security, ensure redundancy, customize settings, improve scalability, and facilitate experimentation. It enhances infrastructure security and availability while reducing operational overhead. The introduction of mw1.micro

Metadata 110

Metadata Cost-Benefit Metrics Optimization 110

CIO Business Intelligence

JANUARY 10, 2025

As leaders work to define the right metrics, those measures must be tightly aligned with the business strategy and should account for the cost of not investing. The report suggested that the quality of organizational data remains a top obstacle, with 85% of respondents citing it as the most significant challenge for 2025.

ROI 81

ROI Enterprise Broadcasting Metrics 81

CIO Business Intelligence

MARCH 19, 2025

Mark Brooks, who became CIO of Reinsurance Group of America in 2023, did just that, and restructured the technology organization to support the platform, redefined the programs success metrics, and proved to the board that IT is a good steward of the dollar. What role is data playing in RGAs profitability and growth?

Metrics 64

Metrics Enterprise Cost-Benefit Experimentation 64

CIO Business Intelligence

MARCH 4, 2025

Through the DX platform, Block is able to provide developer experience metrics to all leaders and teams across the company. Coburns team also publishes an annual internal State of Engineering Velocity report highlighting key metrics and benchmarks captured in DX. Block is a large and complex organization, and its still growing.

Experimentation 69

Experimentation Metrics Data-driven Measurement 69

CIO Business Intelligence

JUNE 11, 2024

A 1958 Harvard Business Review article coined the term information technology, focusing their definition on rapidly processing large amounts of information, using statistical and mathematical methods in decision-making, and simulating higher order thinking through applications.

IT 136

IT Digital Transformation Broadcasting Business Objectives 136

O'Reilly on Data

OCTOBER 13, 2020

Ideally, AI PMs would steer development teams to incorporate I/O validation into the initial build of the production system, along with the instrumentation needed to monitor model accuracy and other technical performance metrics. Proper AI product monitoring is essential to this outcome. I/O validation.

Management 308

Management Machine Learning Metrics Modeling 308

CIO Business Intelligence

JANUARY 21, 2025

In 2024, departments and teams experimented with gen AI tools tied to their workflows and operating metrics. It created fragmented practices in the interest of experimentation, rapid learning, and widespread adoption and it paid back productivity dividends in many areas. Why should CIOs bet on unifying their data and AI practices?

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

datapine

FEBRUARY 4, 2020

Let’s face it: every serious business that wants to generate leads and revenue needs to have a marketing strategy that will help them in their quest for profit. Ultimately, it will provide a clear insight into relevant KPIs and build a solid foundation for increasing conversions. How do you know that? Or drastically change for another path?

Reporting 280

Reporting Marketing Advertising Metrics 280

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. In especially high demand are IT pros with software development, data science and machine learning skills.

IT 52

IT IoT Machine Learning Optimization 52

datapine

MAY 20, 2020

To inspire your customer relationship management report for managing your metrics, explore our cutting-edge selection of KPI examples. At its core, CRM dashboard software is a smart vessel for data analytics and business intelligence – digital innovation that hosts a wealth of insightful CRM reports. Primary KPIs: Lead Response Time.

Dashboards 265

Dashboards Reporting KPI Visualization 265

CIO Business Intelligence

OCTOBER 1, 2024

Organizations rolling out AI tools first need to set reasonable expectations and establish key metrics to measure the value of the deployment , he says. Many organizations have struggled to find the ROI after launching AI projects, but there’s a danger in demanding too much too soon, according to IT research and advisory firm Forrester.

ROI 131

ROI IT Measurement Experimentation 131

DataKitchen

APRIL 13, 2021

To date, we count over 100 companies in the DataOps ecosystem. However, the rush to rebrand existing products with a DataOps message has created some marketplace confusion. Because it is such a new category, both overly narrow and overly broad definitions of DataOps abound. Meta-Orchestration . DevOps Infrastructure Tools.

Testing 300

Testing Machine Learning Consulting Data Quality 300

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT. There are ample reasons why 77% of IT professionals are concerned about shadow IT, according to a report from Entrust.

IT 137

IT Risk Cost-Benefit Data Science 137

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., 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.,

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

Rocket-Powered Data Science

JULY 6, 2021

MLOps takes the modeling, algorithms, and data wrangling out of the experimental “one off” phase and moves the best models into deployment and sustained operational phase. MLOps takes the modeling, algorithms, and data wrangling out of the experimental “one off” phase and moves the best models into deployment and sustained operational phase.

Machine Learning 279

Machine Learning Data-driven Deep Learning IoT 279

DataRobot Blog

DECEMBER 6, 2022

Other organizations are just discovering how to apply AI to accelerate experimentation time frames and find the best models to produce results. See how to use DataRobot Model Observability to track service, drift, prediction data, training data, and custom metrics in order to keep models and predictions relevant in a fast-changing world.

Experimentation 145

Experimentation Forecasting Data-driven Machine Learning 145

Corinium

JUNE 6, 2019

It is also important to have a strong test and learn culture to encourage rapid experimentation. Measure user adoption and engagement metrics to not just understand products take-up, but also to enhance the overall product propositions. There is usually a steep learning curve in terms of “doing AI right”, which is invaluable.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

AWS Big Data

JANUARY 15, 2025

EUROGATE is a leading independent container terminal operator in Europe, known for its reliable and professional container handling services. Every day, EUROGATE handles thousands of freight containers moving in and out of ports as part of global supply chains. From here, the metadata is published to Amazon DataZone by using AWS Glue Data Catalog.

IoT 107

IoT Machine Learning Metadata Data-driven 107

Occam's Razor

AUGUST 22, 2011

" ~ Web Metrics: "What is a KPI? " + Standard Metrics Revisited Series. "Engagement" Is Not A Metric, It's An Excuse. Defining a "Master Metric", + a Framework to Gain a Competitive Advantage in Web Analytics. Build A Great Web Experimentation & Testing Program.

KPI 125

KPI Metrics Measurement ROI 125

Occam's Razor

OCTOBER 23, 2006

Start with measuring these Outcomes metrics (revenue, leads, profit margins, improved product mix, number of new customers etc). In this post I hope to share the essence of some of the main ideas communicated in the speech. The format is: words from the slide followed by a short narrative on the core message of the slide. 1: Got Process?

Data-driven 118

Data-driven Metrics KPI Reporting 118

O'Reilly on Data

APRIL 19, 2021

After eliminating 1,580 respondents who didn’t complete the survey, we’re left with 3,574 responses—almost three times as many as last year. It’s possible that pandemic-induced boredom led more people to respond, but we doubt it. Whether they’re putting products into production or just kicking the tires, more people are using AI than ever before.

Enterprise 364

Enterprise Risk Modeling Manufacturing 364

CIO Business Intelligence

DECEMBER 11, 2024

Research from IDC predicts that we will move from the experimentation phase, the GenAI scramble that we saw in 2023 and 2024, and mature into the adoption phase in 2025/26 before moving into AI-fuelled businesses in 2027 and beyond. Issues around data governance and challenges around clear metrics follow the top challenge areas.

ROI 59

ROI Experimentation Insurance Strategy 59

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.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

Occam's Razor

NOVEMBER 17, 2008

There is a tendency to think experimentation and testing is optional. And I meant every word of it. I fundamentally believe that is wrong. For a few simple reasons: # 1 It's Not Expensive! You can start for free with a superb tool: Google's Website Optimizer. Look for actionable uniqueness. That is nice, well worth paying for. ]. #

Testing 113

Testing Experimentation Risk Optimization 113

Occam's Razor

MARCH 23, 2010

There are more mistruths and F U D about Web analytics out there than I think is reasonable. Part of it fueled by Vendors. What a competitive bunch! Part of it fueled by some Consultants. I suppose the rational is: self preservation before all else. This is sad. Even a little frustrating. It has simply not had a break to catch a breath and mature.

Analytics 119

Analytics Consulting Metrics Experimentation 119

Domino Data Lab

SEPTEMBER 10, 2020

This means many projects get stuck in endless research and experimentation. Identify metrics that measure this variability. Existing Metrics: Foot traffic (footfall) monitoring of total customer count in store based on time series. Is the problem feasible for us to solve? Identify a driver of cost or revenue within the business.

Modeling 101

Modeling Data Science IT Metrics 101

Occam's Razor

SEPTEMBER 30, 2013

We'll start with digital at the highest strategic level, which leads us into content marketing, from there it is a quick hop over to the challenge of metrics and silos, followed by a recommendation to optimize for the global maxima, and we end with the last two visuals that cover social investment and social content strategy.

Marketing Analytics 156

Marketing Analytics Marketing Visualization Analytics 156

CIO Business Intelligence

NOVEMBER 15, 2022

Experiment with the “highly visible and highly hyped”: Gartner repeatedly pointed out that organisations that innovate during tough economic times “stay ahead of the pack”, with Mesaglio in particular calling for such experimentation to be public and visible. on average over the next year, somewhat lower than the projected 6.5%

Digital Transformation 143

Digital Transformation Machine Learning Experimentation Metrics 143

AWS Big Data

SEPTEMBER 5, 2024

Although the absolute metrics of the sparse vector model can’t surpass those of the best dense vector models, it possesses unique and advantageous characteristics. Experimental data selection For retrieval evaluation, we used to use the datasets from BeIR. It comes in two modes: document-only and bi-encoder.

Metrics 110

Metrics Testing Experimentation Modeling 110

DataRobot Blog

JANUARY 10, 2023

Data science teams of all sizes need a productive, collaborative method for rapid AI experimentation. This flexibility allows you to import your local code into the DataRobot platform and continue further experimentation using the combination of DataRobot Notebooks with: Deep integrations with DataRobot comprehensive APIs.

Experimentation 52

Experimentation Machine Learning Data Science Modeling 52

CIO Business Intelligence

JULY 5, 2024

So, to maximize the ROI of gen AI efforts and investments, it’s important to move from ad-hoc experimentation to a more purposeful strategy and systematic approach to implementation. What makes generative AI implementations so challenging? As a disruptive technology, it’s being felt in terms of both its magnitude and frequency of change.

ROI 124

ROI Experimentation Risk Cost-Benefit 124