How to take an agile (Minimum Viable Product) approach to analytics projects

By now, the idea of agile development and a Minimum Viable Product or MVP is prevalent. The problem is, while most people have the minimum part down, people often haven't mastered the viable…. especially when it comes to analytics.

To quickly recap,a Minimum Viable Product is an approach, where you’re focusing on creating a product with a sufficient level of features to be able to solve a particular problem. This first iteration is used to collect user feedback and develop the complete set of features for the final product to be delivered.

That’s all nice and well, but you may be wondering what the benefits to this approach are as it concerns analytics projects...

Learning, and learning quickly

Is your solution actually delivering the value that you are trying to create? In a typical project, you may be months down the road before what you’re building is actually in front of users. This makes it difficult to determine its viability for solving the business case. The whole point is to prove or disprove your initial assumptions sooner.

  • What part of your users current process is really frustrating them?

  • Are the analytics we designed actually guiding them through their workflow and making their life better?

By getting a usable set of features in front of user’s earlier in the process, we can collect feedback and determine if we are in fact on the right track.

Creating Intelligent Narratives with Narrative Science & Keboola

Intelligent Narratives are the data-driven stories of the enterprise. They are automated, insightful communications packed with the information that matters most to you—specific to your role or industry—written in conversational language, and at machine scale. By giving your employees and your customers a richer, more nuanced understanding of your business, they can make more informed decisions and realize their greatest potential.

Narrative Science is the leader in advanced natural language generation (Advanced NLG) for the enterprise. Quill™, its Advanced NLG platform, learns and writes like a human, automatically transforming data into Intelligent Narratives—insightful, conversational communications packed with audience-relevant information that provide complete transparency into how analytic decisions are made.

As we all know, one of the biggest barriers to successful data projects is having the right data in the right place; that's why Narrative Science and Keboola have partnered to bring the next generation of analytics to you faster. Automate data workflows, reduce time and complexity of implementations and start gaining new insights now! Leverage this app, powered by Narrative Science, to produce machine-generated narratives of data ingested by Keboola. 

Freethink + Keboola: Understanding cross-channel video analytics

Video is one of the hottest trends in digital marketing. YouTube, which has expanded more than 40 percent since last year, reaches more 18-49 year-old viewers than any of the cable networks and has a billion users watching hundreds of millions of hours every day. 

Freethink, a modern media publisher, uses online video to tell the stories of passionate innovators who are solving some of humanity’s biggest challenges by thinking differently. While telling important stories is their primary focus, data underlies all of their decisions. As a publisher, they need to understand how well each piece of content performs, as well as how that content performs across platforms (they currently publish videos on their website, YouTube and Facebook.)

Prior to working with Keboola, collecting and combining data for cross-channel video analysis was a time consuming, manual effort (particularly because Facebook has separate APIs to track page content and promoted content.) In addition, this process made performing time-over-time analyses a real challenge.

The goal was to provide a dashboard solution for the team to have better visibility into their data. Keboola Connection (KBC) was able to overcome this by leveraging existing API connections to get data from Facebook and YouTube. In addition, Keboola utilized its partnership with Quintly (social media analytics) in order to pick up cleaned and verified data from their API.  All this data is combined additional data sources including Google Sheets to provide additional metadata for advanced reporting and segmentation. This blended data enables universal reporting across platforms to get a 360-degree picture of each piece of content.

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Freethink now has all their data populated in Redshift, where Chartio is able to connect to create beautiful dashboards for reporting. They are able to go into the Keboola platform and manually adjust and run configurations to get exactly the data they need. The biggest gains have been in time saved, being able to show change over time and freeing the team up to focus on more complicated analyses. This also opened up data access to the broader team, promoting collaboration and data driven decision making.


"Keboola really helped simplify and automate the process of collecting and combining data. Working together, Chartio and Keboola Connection deliver a full stack solution for modern analytics, taking full advantage of the cloud. I’m able to give my team better insights into our performance and make better decisions, quicker."

-Brandon Stewart, Executive Editor at Freethink


Thanks,

Colin


What is "modern" business intelligence anyway...?

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Last week, Tableau hosted a session on the evolution of Business Intelligence in Portland that I had the chance to attend. Although I did review their Top 10 trends in BI when they released them earlier this year, the presentation and discussion ended up being pretty interesting. A few of the topics really resonated with me and I thought we could dig into them a bit more.  

For starters:

Modern BI becomes the new normal

The session (and report) kick off by highlighting Gartner’s Business Intelligence Magic Quadrant and the shift away from IT-centric BI over the last 10 years. Regardless of who’s discussing the trends (Gartner, Tableau or otherwise..) and if or when they come to fruition, it’s important to dig deeper. **Reports like those by Gartner are good guideposts for trends and technologies to exam; saw that mentioned somewhere recently, comment for credit.

That said, I think we can agree that the overall landscape of technology and the way that organizations of all sizes are taking advantage of it in the domain of business intelligence has improved over the last decade.

So does that mean modern BI has truly arrived?

Although some ideas come to mind when I hear the phrase..

What is modern business intelligence?  

And do we all think of the same things when we discuss it….?


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Find Gold in Your Data

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"Data Monetization" is a term you might have heard a lot lately.  But what does it really mean for you and your business?  There is gold in your data, but how can you extract it to gain all its benefits without adding resource burdens on your business?  We collected the main approaches successful companies are using to give you inspiration and insight into how you can use data you already have to improve efficiencies, create new revenue streams or increase value and hence your wallet share from your current customer base. 

Use data to make better decisions

It is not always about the big, earth shaking decisions. What if we can empower our employees to choose better paths in incremental fashion? Which ad to place in an available space? How to utilize remaining capacity on a shipment? Those items may each mean just $50.00, or $1,000.00. But people can be easily making 50 decisions like that per day.

Keboola + InterWorks Partnership Offers End-to-End Solutions for Tableau

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We’re always keeping an eye out for BI and analytics experts to add to our fast growing network of partners and we are thrilled to add a long-standing favorite in the Tableau ecosystem! InterWorks, who holds multiple Tableau Partner Awards, is a full spectrum IT and data consulting firm that leverages their experienced talent and powerful partners to deliver maximum value for their clients. (Original announcement from InterWorks here.)  This partnership is focused on enabling consolidated end-to-end data analysis in Tableau.

Whether we’re talking Tableau BI services, data management or infrastructure, InterWorks can deliver everything from quick-strikes (to help get a project going or keep it moving) to longer-term engagements with a focus on enablement and adoption. Their team has a ton of expertise and is also just generally great to work with.

InterWorks will provide professional services to Keboola customers, with the focus on projects using Tableau alongside Keboola Connection, both in North America and in Europe, in collaboration with our respective teams.  “We actually first got into Keboola by using it ourselves,” said InterWorks Principal and Data Practice Lead Brian Bickell. “After seeing how easy it was to connect to multiple sources and then integrate that data into Tableau, we knew it had immediate value for our clients.”

What does this mean for Keboola customers?

InterWorks brings world-class Tableau expertise into the Keboola ecosystem. Our clients using Tableau can have a one-stop-shop for professional services, leveraging both platforms to fully utilize their respective strengths. InterWorks will also utilize Keboola Connection as the backbone for their white-gloves offering for a fully managed Tableau crowned BI stack.

Shared philosophy

Whether working on projects with customers or partners, we both believe that aligning people and philosophy is even more critical than the technology behind it.  To that end, we’ve found in InterWorks a kindred spirit, we believe in being ourselves and having fun, while ensuring we deliver the best results for our shared clients. The notion of continuous learning and trying new things was one of the driving factors behind the partnership.

Have a project you want to discuss with InterWorks?

Contact InterWorks or if you want to learn a bit more about the types of projects they work on, check out their blog!


Keboola #YearInReview: Customer & Partner Highlights

It’s been quite an exciting year for us here at Keboola and the biggest reason for that is our fantastic network of partners and customers -- and of course a huge thanks to our team!  In the spirit of the season, we wanted to take a quick stroll down memory lane and give thanks for some of the big things we were able to be a part of and the people that helped us make them happen!


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Probably the biggest news from a platform perspective this year came about two years after we first announced support for the “nextt” data warehouse called Amazon Redshift.  At the time, it was a huge step in the right direction.  We still use Redshift for some of our projects (typically due to data residency or tool choice) but this year we were thrilled to announce a partnership born in the cloud when we officially made the lightning fast and flexible Snowflake the database of choice behind our storage API and the primary option for our transformation engine. Not to get too far into the technical weeds (you can read the full post here,) but it has helped us deliver a ton of value to our clients (better elasticity and scale, huge performance improvement for concurrent data flows, better “raw” performance by our platform, more competitive pricing for our customers and best of all, some great friends!)  Since our initial announcement, Snowflake joined us in better supporting our European customers by offering a cloud deployment hosted in the EU (Frankfurt!)  We’re very excited to see how this relationship will continue to grow over the next year and beyond!


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One of our favorite things to do as a team is participate in field events so we can get out in the data world and learn about the types of projects people work on, challenges they run into, and find out what’s new and exciting.  It’s also a great chance for our team to spend some time together as we span the globe - sometimes Slack and Goto Meeting isn’t enough!

SeaTug in May

We had the privilege of teaming up with Slalom Consulting to co-host the Seattle Tableau User Group back in May.  Anthony Gould was a gracious host, Frank Blau provided some great perspective on IoT data and of course Keboola’s own Milan Veverka dazzled the crowd with his demonstration focused on NLP and text analysis.  Afterwards, we had the chance to grab a few cocktails, chat with some very interesting people and make a lot of new friends.  This event spawned quite a few conversations around analytics projects; one of the coolest came from a group of University of Washington students who analyzed the sentiment of popular music using Keboola + Tableau Public (check it out.)

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Keboola’s Solutions for Agencies

We would like to show you how some of our clients redefined their businesses by routinely using data in their daily activities. Despite the fact that each company’s situation is different, we hope to give you some ideas to explore in your own business.

If you work in a service agency, as a customer care manager or in similar type positions, you are all about efficiency. Any idle time spent on non-revenue generating activities means wasted time and manpower, and more importantly, a net loss for your organization.

To ensure optimal operation, you may be asking yourself questions like this:

  • Is your team correctly prioritizing clients with a higher profit margin?

  • How are individual team members performing compared to each other?

  • Are team members doing the work they are best suited for?

Earthworms

Sometimes the simplest graphs show the most relevant information. The graph that you see below (generally known as "bullet chart") has been coined the “earthworm” by our clients. Provided by one of our clients, this particular graph eloquently shows agent performance overall, as well as in comparison to the team average.

As a manager, imagine having one of these for each of your agents. In a mere seconds you can distinguish your top vs. poor performers and take the actions needed to enhance or improve their behavior.

Customer Care

Diving deeper into individual performance, you can then examine why each agent is performing the way they are. After you take a look at the next client example, you will see that this series of earthworms track agent performance in different areas.

Keboola’s Marketing Solutions

Even though we understand that every company and each department within it have very different BI needs, we also believe in sharing inspiration from our clients about how they make relevant business decisions using data in their daily routines. You might find this helpful in shaping your own solution.

When planning a new product launch and deciding where to spend your marketing budget, you probably have questions regarding the impact of your campaign:

  • How long will it take to turn marketing leads into faithful customers?

  • Did I target the correct customer group?

  • Do my potential customers respond to the advertisement as expected?

  • What is the return of investment for my campaign based on different target groups and products?

Check out similar questions our clients have asked. Combine them with an analytical mindset, and create the reports your company needs to invest in better marketing decisions, and to generate a higher return on investment.

Roman Novacek from Gorilla Mobile says: “When looking at our marketing model, everything seemed to be going according to plan. But when we looked deeper into what we thought were well-performing campaigns, we found out that while some ads and channels were performing extraordinarily well, others were draining the overall average leading to mediocre results.”


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McPen: Built and Run on Data

McPen is a European chain distributor of stationery goods. They are one of the first small to mid-sized retailers who use a data-driven approach to business and enable equal access to data to all of their employees.

Initial situation

Embarking on their data-driven business journey, McPen realized that to excel in the stationery goods space, they would need to create a competitive advantage with a unique operational management system. In order to identify retail solutions specific to their business, they wanted to combine many previously unconnected data sources, and upgrade and speed up their reporting process.

Where Keboola came in

Assisted by the Ascoria team, our partner, McPen’s CEO Milan Petr configured the new system from scratch and without the help of a single developer. McPen began to pull data from sources like their POS, Frames and other retail sources, allowing everybody in the company to use this compiled and easily accessible data to find solutions to their real retail problems.


Focusing on lean operations and adding new features, Milan created a system that benefitted the entire organization. He knew that to effectively manage shifts in business, he had to involve every part of the organization in making decisions based on data. Leading by example, he developed and studied the system in detail to understand its impact on daily operations. He then provided access and support directly to the people on the floor to empower them to make necessary strategic decisions and improve their daily results.

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Surprising benefits and results

Examined data showed that in order to maximize profitability, McPen needed to upsell customers. And while their biggest income comes from customers who spend between 200 and 500 CZK (around 8 to 20 USD), it is the 42% of all McPen customers spending up to 50 CZK (around 2 USD) who have the biggest potential for the upsell.