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

TechCrunch

Direct-to-consumer companies generate a wealth of raw transactional data that needs to be refined into metrics and dimensions that founders and operators can interpret on a dashboard. But in our experience, we’ve learned that you’ll inevitably find yourself asking questions that your off-the-shelf extensions simply can’t answer.

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Bandit ML helps e-commerce businesses present the most effective offer to each shopper

TechCrunch

Conti acknowledged that there’s other discount-optimizing software out there, but he suggested none of them offers what Bandit ML does: “off the shelf tools that use machine learning the way giants like Uber, Amazon and Walmart do.” The startup was part of the summer 2020 class at accelerator Y Combinator.

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Your Generative AI strategy could use a startup’s touch

CIO

What are your metrics for success? You might choose to bring the AI to your data by running an off-the-shelf or open-source solution in your corporate datacenter, ideally reducing complexity and risk. Accordingly, many organizations plan to boost GenAI funding, the survey found. What are your goals with GenAI?

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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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Valence raises $25M to track team performance with continuous reviews

TechCrunch

Valence lets managers track team performance by certain metrics and, if they deem it necessary, intervene with “guided conversations.” Valence , a growing teamwork platform, today announced that it raised $25 million in a Series A round led by Insight Partners. What constitutes a “teamwork platform,” exactly?

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How Can CIOs Avoid Wasting Their Budget?

The Accidental Successful CIO

All too often they end up building something new rather than buying off the shelf. The answer is that CIOs are not using business metrics to influence investment. However, this is where things can start to get a bit complicated. Where Is The Money Going? Let’s face it, our companies spend a lot of money on technology.

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CaptivateIQ raises $46M for its no-code sales commissions platform

TechCrunch

Also, in recent years, companies have access to more data than ever, giving them room to incentive employees on more performance metrics.” . Existing backers Amity, S28 Capital, Sequoia and Y Combinator also participated in the financing, which brings the San Francisco-based company’s total raised to $63 million since its 2017 inception.