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How to evolve your DTC startup’s data strategy and identify critical metrics

TechCrunch

If you’re the founder of an e-commerce startup, there’s a pretty good chance you’re using a platform like Shopify, BigCommerce or WooCommerce, and one of the dozens of analytics extensions like RetentionX, Sensai metrics or ProfitWell that provide off-the-shelf reporting. Evolving your startup’s data strategy.

Metrics 245
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DIY cloud cost management: The strategic case for building your own tools

CIO

He and his teams tried a few off-the-shelf tools but were never satisfied with the support for linking a cloud resource to a line of business to determine ownership. And that’s all before considering the need to fuel new AI initiatives , which can push cloud costs up further.

Tools 304
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AI adoption accelerates as enterprise PoCs show productivity gains

CIO

We don’t want to just go off to the next shiny object,” she says. “We Webster Bank is following a similar strategy. We want to maintain discipline and go deep.” To be successful, an AI proof of concept (PoC) project also needs to make good business sense, says CIO Vikram Nafde, CIO at Connecticut-based Webster Bank.

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NJ Transit creates ‘data engine’ to fuel transformation

CIO

In early 2020, the company’s infrastructure was an amalgam of “everything,” Fazal says, including mainframe, client/server, and SaaS systems, as well as 140 applications of all “flavors,” some customized, some off the shelf, some from big companies and some from small companies, he says. Data engine on wheels’.

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Nvidia offers retail loss prevention software to accelerate accelerator chip sales

CIO

One tracks shoppers and objects across multiple camera views as a building block for cashierless store systems; one aims to prevent ticket-switching fraud at self-service checkouts; and one is for building analytics dashboards from surveillance camera video. Nvidia isn’t packaging these workflows as off-the-shelf applications, however.

Retail 189
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Low code/no code tools reap IT benefits—with caveats

CIO

Low-code/no-code visual programming tools promise to radically simplify and speed up application development by allowing business users to create new applications using drag and drop interfaces, reducing the workload on hard-to-find professional developers. So there’s a lot in the plus column, but there are reasons to be cautious, too.

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Want More Runway? Consider Your Infrastructure Costs

Crunchbase News

The typical strategy here is to terminate more staff than you think you should, earlier than you think you should. Notifications, analytics, storage, marketing comms, compliance scans, transactional messages, login? If you turned off some of these systems would you free up an engineer to focus on your conversion funnel?