Rocket-Powered Data Science

FEBRUARY 15, 2023

encouraging and rewarding) a culture of experimentation across the organization. Keep it agile, with short design, develop, test, release, and feedback cycles: keep it lean, and build on incremental changes. Test early and often. Encourage and reward a Culture of Experimentation that learns from failure, “ Test, or get fired!

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

KDnuggets

JANUARY 24, 2023

Leading expert Ronny Kohavi, drawing from his 20+ years of experience, will walk you through the ins and outs of experimentation, identifying key insights and working through live demos in his live course, Accelerating Innovation with A/B Testing, starting January 30th.

Experimentation 85

Experimentation Testing Measurement 85

DataKitchen

APRIL 13, 2021

Testing and Data Observability. It orchestrates complex pipelines, toolchains, and tests across teams, locations, and data centers. Prefect Technologies — Open-source data engineering platform that builds, tests, and runs data workflows. Testing and Data Observability. Production Monitoring and Development Testing.

Testing 304

Testing Machine Learning Consulting Data Quality 304

Occam's Razor

SEPTEMBER 19, 2011

This: You understand all the environmental variables currently in play, you carefully choose more than one group of "like type" subjects, you expose them to a different mix of media, measure differences in outcomes, prove / disprove your hypothesis (DO FACEBOOK NOW!!!), The nice thing is that you can also test that!

Measurement 120

Measurement Advertising Testing Marketing 120

DataKitchen

JANUARY 20, 2021

Centralizing analytics helps the organization standardize enterprise-wide measurements and metrics. Develop/execute regression testing . Test data management and other functions provided ‘as a service’ . Central DataOps process measurement function with reports. Agile ticketing/Kanban tools. Deploy to production.

Metrics 243

Metrics Experimentation Measurement Testing 243

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.

Testing 119

Testing Experimentation Data Processing Modeling 119

CIO Business Intelligence

MARCH 5, 2025

Two years of experimentation may have given rise to several valuable use cases for gen AI , but during the same period, IT leaders have also learned that the new, fast-evolving technology isnt something to jump into blindly. The next thing is to make sure they have an objective way of testing the outcome and measuring success.

Testing 82

Testing Measurement Technology Experimentation 82

O'Reilly on Data

SEPTEMBER 15, 2020

Technical sophistication: Sophistication measures a team’s ability to use advanced tools and techniques (e.g., Technical competence: Competence measures a team’s ability to successfully deliver on initiatives and projects. They’re not new to the field; they’ve solved problems, and have discovered what does and doesn’t work.

Advertising 357

Advertising Cost-Benefit ROI Machine Learning 357

Corinium

JUNE 6, 2019

Fractal’s recommendation is to take an incremental, test and learn approach to analytics to fully demonstrate the program value before making larger capital investments. A properly set framework will ensure quality, timeliness, scalability, consistency, and industrialization in measuring and driving the return on investment.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

O'Reilly on Data

MARCH 31, 2020

This has serious implications for software testing, versioning, deployment, and other core development processes. The need for an experimental culture implies that machine learning is currently better suited to the consumer space than it is to enterprise companies.

Management 363

Management Machine Learning Experimentation Metrics 363

O'Reilly on Data

OCTOBER 13, 2020

In Bringing an AI Product to Market , we distinguished the debugging phase of product development from pre-deployment evaluation and testing. During testing and evaluation, application performance is important, but not critical to success. require not only disclosure, but also monitored testing. Debugging AI Products.

Management 313

Management Machine Learning Metrics Modeling 313

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. Even though we should not obsess about conversion rate we do.

Measurement 99

Measurement Analytics Marketing Optimization 99

Occam's Razor

APRIL 8, 2013

Sometimes, we escape the clutches of this sub optimal existence and do pick good metrics or engage in simple A/B testing. 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. Testing out a new feature. Form a hypothesis.

Metrics 157

Metrics KPI Analytics Key Performance Indicator 157

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. Instead of focusing on a narrowly defined task with minimal testing and feedback, DataOps focuses on adding value. Create tests. Measure success. Low error rates.

Testing 154

Testing Dashboards Measurement Experimentation 154

CIO Business Intelligence

OCTOBER 15, 2024

But continuous deployment isn’t always appropriate for your business , stakeholders don’t always understand the costs of implementing robust continuous testing , and end-users don’t always tolerate frequent app deployments during peak usage. CrowdStrike recently made the news about a failed deployment impacting 8.5

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

Occam's Razor

AUGUST 22, 2011

Key To Your Digital Success: Web Analytics Measurement Model. " Measuring Incrementality: Controlled Experiments to the Rescue! Barriers To An Effective Web Measurement Strategy [+ Solutions!]. Measuring Online Engagement: What Role Does Web Analytics Play? "Engagement" How Do I Measure Success?

KPI 125

KPI Metrics Measurement ROI 125

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

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

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. Emerging leaders who may be agile team leaders and product owners should prioritize developing business acumen and improving facilitation skills to lead self-organizing teams.

IT 141

IT Digital Transformation Experimentation Risk 141

The Unofficial Google Data Science Blog

JANUARY 16, 2018

We present data from Google Cloud Platform (GCP) as an example of how we use A/B testing when users are connected. Experimentation on networks A/B testing is a standard method of measuring the effect of changes by randomizing samples into different treatment groups. This could create confusion.

Testing 59

Testing Experimentation Measurement Modeling 59

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 111

Experimentation Risk Cost-Benefit Strategy 111

CIO Business Intelligence

MARCH 12, 2024

Early use cases include code generation and documentation, test case generation and test automation, as well as code optimization and refactoring, among others. The maturity of any development organization can easily be measured in terms of the size and type of investment made in QA,” he says.

Software 131

Software Experimentation Testing Cost-Benefit 131

The Unofficial Google Data Science Blog

JULY 22, 2020

Another reason to use ramp-up is to test if a website's infrastructure can handle deploying a new arm to all of its users. The website wants to make sure they have the infrastructure to handle the feature while testing if engagement increases enough to justify the infrastructure. We offer two examples where this may be the case.

Experimentation 96

Experimentation Statistics Testing Knowledge Discovery 96

Data Science 101

JANUARY 15, 2020

Researchers/ scientists perform experiments to validate their hypothesis/ statements or to test a new product. Suppose we want to test the effectiveness of a new drug against a particular disease. Reliability: It means measurements should have repeatable results. For eg: you measure the blood pressure of a person.

Experimentation 96

Experimentation Statistics Measurement Testing 96

Occam's Razor

MARCH 23, 2010

Too many new things are happening too fast and those of us charged with measuring it have to change the wheels while the bicycle is moving at 30 miles per hour (and this bicycle will become a car before we know it – all while it keeps moving, ever faster). Usually at least a test. And I doubt it is going to happen soon.

Analytics 119

Analytics Consulting Metrics Experimentation 119

CIO Business Intelligence

OCTOBER 17, 2024

On one hand, they must foster an environment encouraging innovation, allowing for experimentation, evaluation, and learning with new technologies. This structured approach allows for controlled experimentation while mitigating the risks of over-adoption or dependency on unproven technologies. Assume unknown unknowns.

Risk 108

Risk Experimentation Testing Strategy 108

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: AWS Price: US$300 How to prepare: Amazon offers free exam guides, sample questions, practice tests, and digital training.

Big Data 126

Big Data Data Analytics Analytics Predictive Modeling 126

O'Reilly on Data

MARCH 23, 2023

Tokens ChatGPT’s sense of “context”—the amount of text that it considers when it’s in conversation—is measured in “tokens,” which are also used for billing. It’s by far the most convincing example of a conversation with a machine; it has certainly passed the Turing test. Tokens are significant parts of a word.

IT 344

IT Modeling Testing Risk 344

Occam's Razor

OCTOBER 19, 2010

If you have evolved to a stage that you need behavior targeting then get Omniture Test and Target or Sitespect. You'll measure Task Completion Rate in 4Q (below). You'll measure Share of Search using Insights for Search (below). Experimentation and Testing Tools [The "Why" – Part 1].

Analytics 136

Analytics Testing Measurement Optimization 136

Occam's Razor

JULY 18, 2011

You just have to have the right mental model (see Seth Godin above) and you have to… wait for it… wait for it… measure everything you do! For everything you do it is important to measure your effectiveness of all three phases of your effort: Acquisition. You’re trying to measure how well you are doing to: Send emails.

Metrics 138

Metrics Marketing Measurement Cost-Benefit 138

Smart Data Collective

FEBRUARY 4, 2020

Phase 0 is the first to involve human testing. Phase I involves dialing-in the proper dosage and further testing in a larger patient pool. An open and impartial AI model should be able to inject a measure of transparency into this process along with the obvious efficiency advantages.

Experimentation 116

Experimentation Testing Modeling Strategy 116

Occam's Razor

OCTOBER 23, 2006

Start with measuring these Outcomes metrics (revenue, leads, profit margins, improved product mix, number of new customers etc). Be incessantly focussed on your company customers and dragging their voice to the table (for example via experimentation and testing or via open ended survey questions). 6 Reporting is not Analysis.

Data-driven 118

Data-driven Metrics KPI Reporting 118

CIO Business Intelligence

AUGUST 23, 2024

Making that available across the division will spur more robust experimentation and innovation, he notes. In the meantime, as enterprises move toward more advanced development of gen AI models, CIOs will have a lot to manage in terms of vendor partnerships, procurement, costs, development, measuring outcomes, and security.

Data Science 101

Data Science Experimentation Testing Modeling 101

AWS Big Data

SEPTEMBER 5, 2024

Deploy a dense vector model To get more valuable test results, we selected Cohere-embed-multilingual-v3.0 , which is one of several popular models used in production for dense vectors. Experimental data selection For retrieval evaluation, we used to use the datasets from BeIR. How to combine dense and sparse?

Metrics 111

Metrics Testing Experimentation Modeling 111

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. A/B testing is used widely in information technology companies to guide product development and improvements.

Modeling 63

Modeling Experimentation Knowledge Discovery Testing 63

CIO Business Intelligence

NOVEMBER 13, 2023

Transformational leaders must ensure their organizations have the expertise to integrate new technologies effectively and the follow-through to test and troubleshoot thoroughly before going live. Leaders must clearly define what they want to achieve through digital transformation and how they plan to do it.

Digital Transformation 143

Digital Transformation Cost-Benefit Experimentation 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. Invest in technology. Use data and metrics.

Experimentation 98

Experimentation Metrics Measurement Digital Transformation 98