How to Measure Success and Demonstrate ROI of Data Projects

15/11/2023 12 min Episodio 104
How to Measure Success and Demonstrate ROI of Data Projects

Listen "How to Measure Success and Demonstrate ROI of Data Projects"

Episode Synopsis

In this episode, Brick and Caleb discuss how to demonstrate the value and return on investment (ROI) of data initiatives. They explore practical ways to quantify ROI, from automating manual effort to improving decision-making processes. Brick and Caleb also share real-world examples including the impact of increasing employee utilization on a company's bottom line.  They discuss the importance of measuring performance before and after the implementation of data projects, the potential pitfalls of "over reporting", and the power of simplicity in data analytics.  Click here to watch this episode on our YouTube channel.Blue Margin increases enterprise value for PE-backed, mid-market companies by serving as their fractional data team. We advise on, build, and manage data platforms. Our strategy, proven with over 300 companies to-date, expands multiples through data transformation, as presented in our book, The Dashboard Effect.Subscribe here to get more episodes of The Dashboard Effect podcast on your favorite podcast app.Visit Blue Margin's library of additional BI resources.