O'Reilly on Data

MARCH 31, 2020

Because it’s so different from traditional software development, where the risks are more or less well-known and predictable, AI rewards people and companies that are willing to take intelligent risks, and that have (or can develop) an experimental culture. These companies eventually moved beyond using data to inform product design decisions.

Management 338

Management Machine Learning Experimentation Metrics 338

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

datapine

MAY 20, 2020

With a powerful dashboard maker , each point of your customer relations can be optimized to maximize your performance while bringing various additional benefits to the picture. To inspire your customer relationship management report for managing your metrics, explore our cutting-edge selection of KPI examples.

Dashboards 265

Dashboards Reporting KPI Visualization 265

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

datapine

FEBRUARY 4, 2020

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. That way you can choose the best possible metrics for your case. Regularly monitor your data. 1) Marketing CMO report.

Reporting 280

Reporting Marketing Advertising Metrics 280

DataKitchen

APRIL 13, 2021

Observe, optimize, and scale enterprise data pipelines. . A complete DataOps program will have a unified, system-wide view of process metrics using a common data store. DataMo – Datmo tools help you seamlessly deploy and manage models in a scalable, reliable, and cost-optimized way. Monte Carlo Data — Data reliability delivered.

Testing 312

Testing Machine Learning Consulting Data Quality 312

Smart Data Collective

JULY 9, 2023

One benefit is that they can help with conversion rate optimization. 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.

Optimization 77

Optimization Data Analytics Analytics Data-driven 77

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

AWS Big Data

JUNE 11, 2024

Core concepts Before diving into various compression algorithms that OpenSearch offers, let’s look into three standard metrics that are often used while comparing compression algorithms: Compression ratio The original size of the input compared with the compressed data, expressed as a ratio of 1.0 as experimental feature.

Optimization 85

Optimization Experimentation Cost-Benefit Software 85

Occam's Razor

OCTOBER 21, 2013

As an analyst, I was upset that this change would hurt my ability to analyze the effectiveness of my beloved search engine optimization (SEO) efforts – which are really all about finding the right users using optimal content strategies. These changes impact my AdWords spend sub-optimally. What Is Not Going Away.

Optimization 156

Optimization Reporting Metrics Experimentation 156

Occam's Razor

SEPTEMBER 30, 2013

Each of the six visuals re-frames a unique facet of the digital opportunity/challenge, and shares how to optimally take advantage of the opportunity/challenge. It is also immensely beneficial for search engine optimization (great content, delivered fresh, every day!). Then that is all they optimize for. And so on and so forth.

Marketing Analytics 156

Marketing Analytics Marketing Visualization Analytics 156

Occam's Razor

AUGUST 12, 2013

The outcome in either scenario is a restructuring of the organization that is exquisitely geared towards taking advantage of portfolio optimization. You should not treat your marketing optimization program with the same level of outcome optimization that is applied to five-year-olds. From a Venn -diagram. Who would have thunk?].

Modeling 162

Modeling Optimization Marketing Interactive 162

Occam's Razor

NOVEMBER 17, 2008

There is a tendency to think experimentation and testing is optional. You can start for free with a superb tool: Google's Website Optimizer. So as my tiny gift for you here are five experimentation and testing ideas for you. 3 Optimize the Number of Ads & Layout of Ads. And I meant every word of it.

Testing 113

Testing Experimentation Risk Optimization 113

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

AWS Big Data

SEPTEMBER 5, 2024

A more advanced method is to combine traditional inverted-index(BM25) based retrieval, but this approach requires spending a considerable amount of time customizing lexicons, synonym dictionaries, and stop-word dictionaries for optimization. Experimental data selection For retrieval evaluation, we used to use the datasets from BeIR.

Metrics 102

Metrics Testing Experimentation Modeling 102

DataRobot Blog

JANUARY 10, 2023

Data science teams of all sizes need a productive, collaborative method for rapid AI experimentation. By predicting which patients are at risk of readmission before they are discharged, doctors can follow appropriate medical procedures to prevent readmission, optimize costs, and enhance the quality of treatment. Auto-scale compute.

Experimentation 52

Experimentation Machine Learning Data Science Modeling 52

Occam's Razor

OCTOBER 23, 2006

Start with measuring these Outcomes metrics (revenue, leads, profit margins, improved product mix, number of new customers etc). Get competitive data (we are at x% of zz metric and our competition is at x+9% of zz metric). Great for a couple months and then you lose the audience. 6 Reporting is not Analysis. Your Choice? .

Data-driven 118

Data-driven Metrics KPI Reporting 118

Occam's Razor

MARCH 23, 2010

My problem with these mistruths and FUD is that they result in a ton of practitioners and companies making profoundly sub optimal choices, which in turn results in not just much longer slogs but also spectacular career implosions and the entire web analytics industry suffering. This is sad. Even a little frustrating. Likely not.

Analytics 119

Analytics Consulting Metrics Experimentation 119

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. Now nearly half of code suggestions are accepted.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

CIO Business Intelligence

MARCH 28, 2023

Value Stream Management (VSM) is a powerful methodology that not only streamlines value streams and optimizes processes but also promotes sustainability and creates positive impact. Here are some ways leaders can cultivate innovation: Build a culture of experimentation. Use data and metrics. Invest in technology.

Experimentation 98

Experimentation Metrics Measurement Digital Transformation 98

Occam's Razor

OCTOBER 19, 2010

A huge vast majority of clicks coming from search engines continue to be organic clicks (which is why I love and adore search engine optimization). Mongoose Metrics ~ ifbyphone. I know Mongoose Metrics a bit more and have been impressed with their solution and evolution over the last couple of years. Google Website Optimizer.

Analytics 136

Analytics Testing Measurement Optimization 136

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. micro, remember to monitor its performance using the recommended metrics to maintain optimal operation.

Metadata 91

Metadata Cost-Benefit Metrics Optimization 91

Occam's Razor

NOVEMBER 5, 2007

The fact that to make optimal decisions on the web I was going to have to be comfortable with multiple sources of data, all valuable and all necessary to win. Experimentation & Testing : Google Website Optimizer, Offermatica, Optimost etc. The last one was the most interesting and delightful.

Analytics 98

Analytics Experimentation Metrics Measurement 98

IBM Big Data Hub

JUNE 10, 2024

Cloud-based XaaS offerings provide organizations with the agility to scale resources up or down based on demand, enabling optimal resource utilization and cost efficiency. XaaS models offer organizations greater predictability and transparency in cost management by providing detailed billing metrics and usage analytics.

Experimentation 62

Experimentation Optimization Risk Management Machine Learning 62

The Unofficial Google Data Science Blog

APRIL 16, 2019

by MICHAEL FORTE Large-scale live experimentation is a big part of online product development. This means a small and growing product has to use experimentation differently and very carefully. This blog post is about experimentation in this regime. Such decisions involve an actual hypothesis test on specific metrics (e.g.

Experimentation 68

Experimentation Sales Metrics Measurement 68

Occam's Razor

FEBRUARY 28, 2017

To ensure customer delight was delivered in a timely manner, it was also decided that Average Call Time (ACT) would now be The success metric. The success metric, ACT, did go down. That ACT was an activity metric was terrible – if you have a The success metric, it should always be an outcome metric. Another issue.

Key Performance Indicator 107

Key Performance Indicator Metrics Measurement Advertising 107

Occam's Razor

AUGUST 13, 2012

That means: All of these metrics are off. It is hard, it is time consuming, but it also allows you to test your hypotheses on possible optimal allocations, test them in the real world, find the best answers and be brilliant with your marketing spend mix. I can use that to hypothesize what an optimal budget allocation might look like.

Modeling 125

Modeling Metrics Data Quality Data-driven 125

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

IBM Big Data Hub

MAY 17, 2024

Organizations face increased pressure to move to the cloud in a world of real-time metrics, microservices and APIs, all of which benefit from the flexibility and scalability of cloud computing. Optimized: Cloud environments are now working efficiently and every new use case follows the same foundation set forth by the organdization.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

Domino Data Lab

SEPTEMBER 10, 2020

This means many projects get stuck in endless research and experimentation. A concise goal (“I want to save costs by optimizing my store staffing roster”) is much more likely to lead to a successful initiative than a broad statement (“I want to increase revenue in my retail stores”). Identify metrics that measure this variability.

Modeling 101

Modeling Data Science IT Metrics 101

Occam's Razor

JANUARY 7, 2014

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. the instinctive response of the Squirrels is to go grab the most obvious metrics and start partying. " Kisses. Angels singing! Time on Site!

Data-driven 142

Data-driven Consulting Reporting Marketing 142

CIO Business Intelligence

MARCH 5, 2024

Many other platforms, such as Coveo’s Relative Generative Answering , Quickbase AI , and LaunchDarkly’s Product Experimentation , have embedded virtual assistant capabilities but don’t brand them copilots. As copilot technology capabilities are changing rapidly, leaders should frequently identify metrics and evaluate strategies.

Advertising 124

Advertising Cost-Benefit Experimentation Software 124

Cloudera

OCTOBER 8, 2024

This service supports a range of optimized AI models, enabling seamless and scalable AI inference. By 2023, the focus shifted towards experimentation. Hardware and software optimizations enable up to 36 times faster inference with NVIDIA accelerated computing and nearly four times the throughput on CPUs, accelerating decision-making.

Optimization 75

Optimization Experimentation Metrics Enterprise 75

CIO Business Intelligence

OCTOBER 14, 2024

Focused on digitization and innovation and closely aligned with lines of business, some 40% of IT leaders surveyed in CIO.com’s State of the CIO Study 2024 characterize themselves as transformational, while a quarter (23%) consider themselves functional: still optimizing, modernizing, and securing existing technology infrastructure.

Digital Transformation 131

Digital Transformation Experimentation Cost-Benefit Risk 131

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

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). The benchmark for the beautiful metric AVOC is 15.3%. You have the start of a fabulous in-flight optimization engine.

Analytics 133

Analytics Scorecard Strategy Testing 133

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. Another pattern that I’ve seen in good PMs is that they’re very metric-driven.

Management 110

Management Machine Learning Experimentation Metrics 110