Occam's Razor

MAY 15, 2006

Add to this the fact that now there is a massive proliferation of tools that will instantly create reports presenting data in every conceivable slice, graph, table, pivot or dump that you can imagine the challenge. Experimentation/Testing (the latest new and cool thing to do, a/b or multivariate).

Metrics 100

Metrics Experimentation Testing Interactive 100

CIO Business Intelligence

JANUARY 21, 2025

AI at Wharton reports enterprises increased their gen AI investments in 2024 by 2.3 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.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

O'Reilly on Data

OCTOBER 13, 2020

To support verification in these areas, a product manager must first ensure that the AI system is capable of reporting back to the product team about its performance and usefulness over time. The simplest case of model monitoring is to compute key performance metrics (related to both model fit and inference accuracy) regularly.

Management 314

Management Machine Learning Metrics Modeling 314

CIO Business Intelligence

MARCH 4, 2025

Block collects developer experience data with the help of DX , an engineering intelligence platform that helps streamline data collection and reporting, as well as enabling Block to benchmark itself against industry peers. Block reports quarterly on DEVIQ progress to the entire executive team.

Experimentation 69

Experimentation Metrics Data-driven Measurement 69

AWS Big Data

JANUARY 15, 2025

In the following section, two use cases demonstrate how the data mesh is established with Amazon DataZone to better facilitate machine learning for an IoT-based digital twin and BI dashboards and reporting using Tableau. The applications are hosted in dedicated AWS accounts and require a BI dashboard and reporting services based on Tableau.

IoT 111

IoT Machine Learning Metadata Data-driven 111

CIO Business Intelligence

APRIL 25, 2024

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. Fits and starts As most CIOs have experienced, embracing emerging technologies comes with its share of experimentation and setbacks.

IT 139

IT Cost-Benefit Experimentation Metrics 139

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

JANUARY 31, 2022

BI users analyze and present data in the form of dashboards and various types of reports to visualize complex information in an easier, more approachable way. They’re about having the mindset of an experimenter and being willing to let data guide a company’s decision-making process. 6) Smart and faster reporting.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

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

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

Occam's Razor

AUGUST 12, 2013

I normally ask people to look at the Path Length report in the Multi-Channel Funnels standard report in Google Analytics (or equivalent tool if you are using SiteCatalyst or WebTrends or other web analytics tools). The simplest way to start is to look at your Assisted Conversions report in Google Analytics. From a Venn -diagram.

Modeling 162

Modeling Optimization Marketing Interactive 162

Occam's Razor

JANUARY 7, 2014

12: Almost all reporting is off custom reports. #11: 6: All automated reports are turned off on a random day/week/month each quarter to assess use/value. #5: Reporting Squirrels vs. Analysis Ninjas. No company hires anyone called a Reporting Squirrel. It is specific, it is, this will not surprise you, impactful. #12:

Data-driven 142

Data-driven Consulting Reporting Marketing 142

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

Occam's Razor

AUGUST 13, 2012

That means: All of these metrics are off. What report would you want to see on conversion attribution that would help you decide where to spend?? Then I'm using data from the standard Days to Conversion report to limit who gets credit (no one beyond 27!).

Modeling 125

Modeling Metrics Data Quality Data-driven 125

Smart Data Collective

JULY 9, 2023

One report found that global e-commerce brands spent over $16.7 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 97

Optimization Data Analytics Analytics Data-driven 97

AWS Big Data

FEBRUARY 12, 2024

Objective Gupshup wanted to build a messaging analytics platform that provided: Build a platform to get detailed insights, data, and reports about WhatsApp/SMS campaigns and track the success of every text message sent by the end customers. This compiled data is then imported into Aurora PostgreSQL Serverless for operational reporting.

Analytics 119

Analytics Data Warehouse Snapshot Cost-Benefit 119

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

Occam's Razor

NOVEMBER 5, 2007

Every solid web decision making program (call it Web Analytics or Web Metrics or Web Insights or Customer Intelligence or whatever) in a company will need to solve for the Five Pillars: ClickStream, Multiple Outcomes, Experimentation & Testing, Voice of Customer and Competitive Intelligence. Idiot proof fast installation.

Analytics 98

Analytics Experimentation Metrics Measurement 98

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 Impact Matrix.

Analytics 95

Analytics Metrics Strategy Measurement 95

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. While that’s a limitation, there are reports of promised functionality not yet available. Generative AI, IT Strategy

Advertising 124

Advertising Cost-Benefit Experimentation Reporting 124

CIO Business Intelligence

NOVEMBER 21, 2023

There are ample reasons why 77% of IT professionals are concerned about shadow IT, according to a report from Entrust. Still, there is a steep divide between rogue and shadow IT, which came under discussion at a recent Coffee with Digital Trailblazers event I hosted.

IT 137

IT Risk Cost-Benefit Data Science 137

CIO Business Intelligence

APRIL 2, 2024

For example, KPMG reports that 51% of technology executives have not seen an increase in performance or profitability from digital transformation investments. Unfortunately, the business impact of many digital transformations continues to fall short of expectations.

Management 140

Management Digital Transformation Testing Experimentation 140

DataKitchen

OCTOBER 5, 2021

DataOps enables: Rapid experimentation and innovation for the fastest delivery of new insights to customers. Make reports on every aspect of the data team’s processes and the data lifecycle. The bottom line metrics that DataOps impacts are deployment latency and errors (figure 6). What is DataOps. Low error rates.

Testing 152

Testing Dashboards Measurement Experimentation 152

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. I believe the best way to measure success is to measure the above four metrics (actual interaction/action/outcome). It can be a brand metric, say Likelihood to Recommend. It is not that hard.

B2B 167

B2B Metrics Recreation/Entertainment Testing 167

CIO Business Intelligence

JUNE 11, 2024

Davis shares this sentiment with other CIOs seeking a seat at the executive table, a change in reporting structure, or, at the very least, recognition beyond IT’s fundamental run-the-business operations responsibilities. Bigger steps include defining digital KPIs markedly different from IT system uptime and ticket-based metrics.

IT 136

IT Digital Transformation Broadcasting Business Objectives 136

CIO Business Intelligence

APRIL 18, 2022

A newly released report from Deloitte supports that, noting that a straightforward, compelling “north star” narrative is critical to success for 38% of executive respondents. They invest in cloud experimentation. A leader also needs to devote time and energy to drive a transformation forward.

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

Cloudera

APRIL 9, 2021

The third video in the series highlighted Reporting and Data Visualization. Reporting – data warehousing & dashboarding. Since our goal is to optimize part production we’ve chosen the Gradient Boost Regression model that has shown best metrics (accuracy and AOC) for our particular ECC dataset. Here are the key stages: .

Machine Learning 98

Machine Learning Forecasting Manufacturing Predictive Analytics 98

CIO Business Intelligence

MARCH 21, 2022

Data scientists are often engaged in long-term research and prediction, while data analysts seek to support business leaders in making tactical decisions through reporting and ad hoc queries aimed at describing the current state of reality for their organizations based on present and historical data.

Unstructured Data 137

Unstructured Data Data Analytics Analytics Data Science 137

Occam's Razor

DECEMBER 9, 2009

Specifically: Who owns web analytics / who it reports to from a org structure perspective. some reports going out on schedule (even if data pukes) then an optimal path might be to centralize some where (see item #2 below). [B] The closer you can get to her (direct report?) It is always the organization structure.

Analytics 95

Analytics Data-driven Marketing Sales 95

Occam's Razor

FEBRUARY 26, 2008

1: Implement a Experimentation & Testing Program. # 1: Implement a Experimentation & Testing Program. Experimentation and Testing: A Primer. Build A Great Web Experimentation & Testing Program. # Be it for in vogue metrics like Conversion Rates or for metrics that should be in vogue like Abandonment Rates.

Management 68

Management Experimentation Testing Metrics 68

Sisense

NOVEMBER 23, 2020

Dr. Antic reports this doesn’t surprise him, as marketing is one of the original data-driven businesses in most organizations as it’s based on return on investment. Scott says COVID has prompted many business departments to ask themselves if they are undertaking reporting, data and analytics in the most efficient way.

Analytics 98

Analytics Data-driven Marketing Reporting 98

Occam's Razor

NOVEMBER 13, 2009

Chapter 3 The Awesome World of Clickstream Analysis: Metrics. The second half shows exactly how to pick the best metrics for your org and, my absolute favorite (Page 64), how to diagnose the root cause of a metrics performance. Chapter 7 Failing Faster: Unleashing the Power of Testing and Experimentation. A good thing.

Analytics 71

Analytics Metrics Measurement Testing 71

DataRobot Blog

FEBRUARY 28, 2023

They can enjoy a hosted experience with code snippets, versioning, and simple environment management for rapid AI experimentation. When the training process is complete, DataRobot will recommend the best-performing model for production based on the selected metric and provide an explanation. Learn more about DataRobot hosted notebooks.

Data Processing 72

Data Processing Experimentation Machine Learning Data Warehouse 72

CIO Business Intelligence

AUGUST 21, 2024

Our goal is to analyze logs and metrics, connecting them with the source code to gain insights into code fixes, vulnerabilities, performance issues, and security concerns,” he says. After observing this system for a few months,” he continues, “Hughes allowed the process to run automatically and report on the implemented changes.

Risk 136

Risk Insurance Cost-Benefit Software 136

AWS Big Data

JULY 20, 2023

This data is then used by various applications for streaming analytics, business intelligence, and reporting. Additionally, partition evolution enables experimentation with various partitioning strategies to optimize cost and performance without requiring a rewrite of the table’s data every time.

Data Lake 98

Data Lake Analytics Snapshot Data Quality 98

CIO Business Intelligence

JUNE 27, 2022

Tyson: You’re coming up to two years since you added Sentry’s ability to monitor for performance which has some pretty fine-grained metrics in terms of identifying where bottlenecks are located in code. Tyson: Sentry is able to instrument a variety of languages and frameworks for automated error reporting.

Software 115

Software Experimentation Testing Marketing 115

Domino Data Lab

DECEMBER 4, 2020

Having calculated AUC/AUMC, we can further derive a number of useful metrics like: Total clearance of the drug from plasma. Domino Lab supports both interactive and batch experimentation with all popular IDEs and notebooks (Jupyter, RStudio, SAS, Zeppelin, etc.). The area under the first moment curve would respectively be.

Metrics 59

Metrics Data Science Knowledge Discovery Measurement 59