Home Data-Driven Thinking What’s Your Level Of Confidence In The Data?

What’s Your Level Of Confidence In The Data?

SHARE:

kathy-leake“Data-Driven Thinking” is written by members of the media community and contains fresh ideas on the digital revolution in media.

Today’s column is written by Kathy Leake, CEO at Qualia.

As cross-screen marketing continues to evolve, the industry’s approach to the underlying data science also will mature. The amount of time consumers spend per platform is on the rise: Over the past four years alone, smartphone time grew 394%, tablet by 1,721% and desktop by 37%, according to comScore.

With such rampant, saturated usage, the need for more sophisticated data options continues to increase. Data scientists may debate which kinds of data are most useful to the processes and practices of cross-screen, but detecting, interpreting and optimizing true connections between devices is what matters.

During the cross-screen conversation, marketers have recently begun asking vendors whether they use probabilistic or deterministic data.

But that’s the wrong question. Marketers should be asking: “What is your level of confidence in the data?”

Understanding Data Differences

When marketers discuss data types, they are usually talking about either deterministic or probabilistic data. Deterministic data generally indicates a clear connection between devices. For example, login data links a particular user login to a given device and can be attained via partnerships with entities that have garnered that data through direct user login on websites, apps or online services.

Probabilistic data is based on informed inference. We assume a connection between devices based on certain user activities, but the data does not directly contain connection information. The data used to infer a connection might include a sighting of a device coming from an IP, a sighting of a device visiting a website or even a sighting of a device on an app. This is where the level of data confidence becomes vital.

The Problem With Either/Or

The potential power of either data set is clear but there are issues with both. Many view deterministic data as the gold standard because it is measured with no uncertainty but it has a big weakness. It does not scale because there are far fewer opportunities to directly measure connections. That kind of weakness won’t fly in light of the enormous opportunity cross-screen represents. We need scale, and when it comes down to it, relying only on deterministic data is inadequate.

The problem with using probabilistic data alone and relying on inferences instead of measurements: lots of noise. The subjectivity associated with interpreting what any given action might mean or truly indicate lowers your confidence in the veracity of that connection to significantly less than 100%.

The Power Of Combination

Given the imperfection of data and the relative shortcomings of either one of these data types, a truly powerful data graph blends and co-leverages deterministic and probabilistic. The key is to embrace the holistic approach and use cross-device analysis to better understand data signals, extend reach and ultimately derive a clearer picture of where to attribute success within the mix.

It’s possible to blend what we do know with what we can confidently model to raise the degree of certainty across the board for the whole data set, maintaining data integrity and scale at the same time.

Follow Qualia (@qualia) and AdExchanger (@adexchanger) on Twitter.

Tagged in:

Must Read

Single continuous line drawing robot riding pencil rocket flying in the sky. Tech education and creativity. Future technology development. Artificial intelligence. One line design vector illustration

Q3: Omnicom’s Media Business Is Growing, But Is It Agent-Proof?

If AI agents can plan and buy media, who needs a holding company? Good question. It came up during Omnicom’s Q3 earnings on Thursday.

Netflix Touts New Measurement Capabilities As It Struggles With “Modest” Engagement Growth

Netflix’s revenue grew 12% YOY to $12.9 billion in Q3, which it maintains is in line with its forecast. Its ads business, however, is lagging slightly compared with expectations, causing Netflix to tweak its forecast for the rest of the year.

Apple Publishes Its Plan To Wipe Out Web Tracking

Apple is coming for identity resolution. WebKit’s latest tracking crackdown targets the infrastructure behind post-cookie IDs – and switching to a first-party setup won’t necessarily spare vendors.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

AI Slop Sites Are On The Rise. Is Ad Tech Ready For Its New MFA Challenge?

Advertising supply chain intelligence company DecryptAds uncovered more than 2,100 AI-generated recipe sites that are monetized with programmatic ads and feature fabricated author profiles.

How Australian Home Lender Lendi Measures The Invisible Work Of AI

Most brands and businesses are trying to figure out how to improve their metrics when it comes to AI – and also what those metrics even are.

AI Startup Minerva Built An Agentic CDP, But Don’t Call It That

Minerva wants to turn fragmented customer data into something marketers can use, with AI agents doing the work behind the scenes.