Jan. 4, 2024, 6:35 p.m. | Ella Pham

Towards Data Science - Medium towardsdatascience.com

Identifying the popular obstacles of data teams in delivering tangible ROI

Can data leader harvest the fruit of their labour: tangible ROI? (Image by Google Deep Mind — Pexels.com)
Return on Investment (ROI) is a profitability metric used to evaluate how well an investment has performed (Investopedia.com).

ROI is a simple term, isn’t it? To measure ROI for data, we just need to follow these 3 steps:

1.Have a set of KPIs that represent “profitability” of data …

business strategy data data analytics data strategy data teams deep mind google image investment isn labour leader mind notes-from-industry pexels popular roi simple teams

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