A few years ago when I started DFA, I wrote this article that aggregates many of the studies on failure rates for big data, analytics, and now AI projects. It serves as a reminder that you can keep throwing money at data projects, but if you don’t focus on the people involved, you can easily … Read moreThink clean data is the blocker to your AI/Data Science initiative? Try people.
(Note: this article is updated from time to time as I encounter similar studies and news on this theme.) Not to be the bearer of bad news, but I recently found out just how many data science, analytics, IOT, big data, and BI projects fail. And the numbers are staggering. Here’s a list of articles … Read moreFailure rates for analytics, AI, and big data projects = 85% – yikes!
There’s a lot of buzz about analytics translators these days. In general, I find the name to be a really poor choice for what effectively is a product management role applied to internal data science or analytics services. But, I think the skills are really important. The question is, do you really need another role/headcount, … Read moreAnalytics Translators = Data Product Management + Service Design?
A three-part UX framework for designing your ML / predictive / prescriptive analytics UI around trust, engagement, and indispensability. As you continue to design interfaces and experiences into your analytics tools that rely more and more on machine-based analysis and prediction, the challenge within the design starts to change. Whereas before, we might be dealing … Read moreC-E-D: A Design (UX) Framework for Integrating Advanced Analytics into Decision Support Software
Low engagement; it’s a common challenge for many of my clients and the people I talk to in the analytics world. In fact, it’s the subject of my talk this year at the IIA Symposium next week. One of the concepts with design I like clients to think about with analytics is around whether your … Read moreHow do you make data products and services engaging without AI and advanced analytics?
Here are (25) design faults that should trigger the check-engine light I really don’t know much about cars. Furthermore, with all the computers on them now, I probably never will. However, I do care when the “CEL” goes on. The CEL, or check-engine light, is that often cryptic, blood-pressure-raising notification that mostly just makes you … Read moreIs an engineering or data-driven culture driving your current data product or analytics initiative toward risk?
There’s a lot of buzz about analytics translators these days. In general, I find the name to be a really poor choice for what effectively is a product management role applied to internal data science or analytics services. But, I think the skills are really important. The question is, do you really need another role/headcount, … Read moreWhy Low Engagement May Not be the Problem With Your Data Product or Analytics Service
AI and Machine Learning Are Not a Panacea for Underused Analytics Services Ears, Eyes and Empathy Guide the Best MVPs Since AI, predictive, and prescriptive analytics are big right now, there is a tendency for companies to “want” to use this technology and throw it into their marketing jargon as well. Boards and executives are … Read moreKeeping Analytics Solutions in Check with Customer Needs
Author’s Note: This article was originally published to my mailing list, hence the reference to previous emails and published podcast episodes. Before I jump into this week’s article on MVPs for custom data products, just wanted to address one listener’s response to the new podcast in case others had the same experience. Re: the audio … Read moreDesigning MVPs for Data Products and Decision Support Tools
I recently started playing percussion in a new Celtic ensemble in Boston called Ishna, and we were recently invited to be a guest artist with Symphony NH (New Hampshire). After our concerts concluded, the executive director invited Ishna to a dinner with some of the symphony staff and board members. This is pretty typical: board members … Read moreDoes your data product enable surgery, or healing?