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. Central DataOps process measurement function with reports.

Metrics 243

Metrics Experimentation Measurement Testing 243

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. Counter claims?

Experimentation 103

Experimentation Testing Optimization Measurement 103

CIO Business Intelligence

JANUARY 10, 2025

High expectations, but ROI challenges persist Despite significant investments, only 31% of organizations expect to measure generative AIs return on investment in the next six months. The dynamic nature of AI demands new ways to measure value beyond the limits of a conventional business case, Chase said.

ROI 81

ROI Enterprise Broadcasting Metrics 81

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. But in practice, it is common for model I/O validation steps to be added later, when scaling an AI product.

Management 317

Management Machine Learning Metrics Modeling 317

CIO Business Intelligence

MARCH 4, 2025

This article goes behind the scenes on whats fueling Blocks investment in developer experience, key initiatives including the role of an engineering intelligence platform , and how the company measures and drives success. Rather, Coburns team optimizes for fast experimentation and a metrics-driven approach.

Experimentation 69

Experimentation Metrics Data-driven Measurement 69

CIO Business Intelligence

JANUARY 21, 2025

Deloittes State of Generative AI in the Enterprise reports nearly 70% have moved 30% or fewer of their gen AI experiments into production, and 41% of organizations have struggled to define and measure the impacts of their gen AI efforts. 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

Management thinker Peter Drucker once stated, “if you can’t measure it, you can’t improve it” – and he couldn’t be more right. Structure your metrics. As with any report you might need to create, structuring and implementing metrics that will tell an interesting and educational data-story is crucial in our digital age.

Reporting 280

Reporting Marketing Advertising Metrics 280

Occam's Razor

NOVEMBER 12, 2006

Mostly because short term goals drive a lot of what we do and if you are selling something on your website then it only seems to make logical sense that we measure conversion rate and get it up as high as we can as fast as we can. So measure Bounce Rate of your website. Is Real Conversion Rate metric a good one?

Measurement 99

Measurement Analytics Marketing Optimization 99

Corinium

JUNE 6, 2019

A properly set framework will ensure quality, timeliness, scalability, consistency, and industrialization in measuring and driving the return on investment. It is also important to have a strong test and learn culture to encourage rapid experimentation. What is the most common mistake people make around data?

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

DataKitchen

APRIL 13, 2021

DataOps requires that teams measure their analytic processes in order to see how they are improving over time. A complete DataOps program will have a unified, system-wide view of process metrics using a common data store. Polyaxon — An open-source platform for reproducible machine learning at scale.

Testing 300

Testing Machine Learning Consulting Data Science 300

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., Experiments, Parameters and Models At Youtube, the relationships between system parameters and metrics often seem simple — straight-line models sometimes fit our data well.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

AWS Big Data

JANUARY 15, 2025

After experimentation, the data science teams can share their assets and publish their models to an Amazon DataZone business catalog using the integration between Amazon SageMaker and Amazon DataZone.

IoT 111

IoT Machine Learning Metadata Data-driven 111

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. What are you measuring?

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

CIO Business Intelligence

MARCH 28, 2023

As today’s great leaders recognize, true success is not solely measured by the bottom line but also by the impact a business has on its stakeholders, including employees, partners, and the environment. Here are some ways leaders can cultivate innovation: Build a culture of experimentation. Use data and metrics.

Experimentation 98

Experimentation Metrics Measurement Digital Transformation 98

Occam's Razor

NOVEMBER 2, 2015

Success Metrics. In my Oct 2011 post, Best Social Media Metrics , I'd created four metrics to quantify this value. 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. It is not that hard.

B2B 167

B2B Metrics Recreation/Entertainment Testing 167

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

AUGUST 15, 2024

A virtual assistant may save employees time when searching for old documents or composing emails, but most organizations have no idea how much time those tasks have taken historically, having never tracked such metrics before, she says.

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 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. We care more about the recall metric.

Metrics 111

Metrics Testing Experimentation Modeling 111

CIO Business Intelligence

NOVEMBER 13, 2023

Foster a culture of innovation: Digital transformation requires innovation and experimentation, and thus a culture for embracing new technologies and ideas. This involves setting up metrics and KPIs and regularly reviewing them to identify areas for improvement.

Digital Transformation 143

Digital Transformation Cost-Benefit Experimentation 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

JANUARY 7, 2014

The organization functions off a clearly defined Digital Marketing & Measurement Model. #1. They are generic mash-ups that tailor to almost no one's needs, and more often than not contain awful things like nine not-really-thought out metrics for one dimension in a report. You know what your Return on Analytics is!

Data-driven 142

Data-driven Consulting Reporting Marketing 142

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 97

Optimization Data Analytics Analytics Data-driven 97

Occam's Razor

NOVEMBER 5, 2007

Five different sources of data, that require you to have multiple tools to measure success. Experimentation & Testing : Google Website Optimizer, Offermatica, Optimost etc. Neither measures what a traditional web analytics tool does, so no overlap, but each brings its unique strengths to the business of web data.

Analytics 98

Analytics Experimentation Metrics Measurement 98

CIO Business Intelligence

JULY 8, 2022

First, it’s a straightforward proposition whose end state is relatively easy to envision and measure, making it a nice palate cleanser for those still wrapping their heads around the broader operating model shift. Disadvantages.

Cost-Benefit 122

Cost-Benefit Measurement Modeling Metrics 122

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

DataKitchen

OCTOBER 5, 2021

DataOps enables: Rapid experimentation and innovation for the fastest delivery of new insights to customers. Clear measurement and monitoring of results. Measure success. Process measurement – construct dashboards on every aspect of the data lifecycle for unprecedented process transparency. Low error rates.

Testing 152

Testing Dashboards Measurement Experimentation 152

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

Occam's Razor

AUGUST 12, 2013

I strongly encourage you to read the post and deeply understand all three and what your marketing and measurement possibilities and limitations are. You can even use that column to adjust some of the budget allocation right now, without any attribution modeling, and measure the outcome. Then Experimentation. Then MCA-O2S.

Modeling 162

Modeling Optimization Marketing Interactive 162

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

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. That’s another pattern.

Management 110

Management Machine Learning Experimentation Metrics 110

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

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

AWS Big Data

AUGUST 21, 2023

It similarly codes the query as a vector and then uses a distance metric to find nearby vectors in the multi-dimensional space. The algorithm for finding nearby vectors is called kNN (k Nearest Neighbors). Of course, production-quality search experiences use many more techniques to improve results.

Data Processing 98

Data Processing Visualization Experimentation Metrics 98

CIO Business Intelligence

APRIL 18, 2022

Tech leaders “should have a common language that clearly defines their company’s digital imperatives, with related value measures, that allows the organization to align on strategy across the C-suite and to communicate the strategic value they hope to achieve from it,” Nanda says. They invest in cloud experimentation.

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

CIO Business Intelligence

JUNE 11, 2024

Before we rebrand, we need to reposition and ensure that everybody understands that what’s changed is experimentation, innovation, and not just the technology but how it’s applied, which is actually more important than the technology itself.” Surveying employees regularly and measuring employee satisfaction (Esat) is also a best practice.

IT 136

IT Digital Transformation Broadcasting Business Objectives 136

CIO Business Intelligence

AUGUST 21, 2024

It wasn’t just a single measurement of particulates,” says Chris Mattmann, NASA JPL’s former chief technology and innovation officer. “It It was many measurements the agents collectively decided was either too many contaminants or not.” They also had extreme measurement sensitivity.

Risk 136

Risk Insurance Cost-Benefit Software 136