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

What’s Your Level Of Confidence In The Data?

SHARE:

kathy-leakeData-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.

Subscribe

AdExchanger Daily

Get our editors’ roundup delivered to your inbox every weekday.

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

Comic: Traffic Jam

People Inc. Says Who Needs Google?

People Inc. is offsetting a 50% decline in Google search traffic through off-platform growth and its highest digital revenue gains in five quarters.

The MRC Wants Ad Tech To Get Honest About How Auctions Really Work

The MRC’s auction transparency standards aren’t intended to force every programmatic platform to use the same auction playbook – but platforms do have to adopt some controversial OpenRTB specs to get certified.

A TV remote framed by dollar bills and loose change

Resellers Crackdowns Are A Good Thing, Right? Well, Maybe Not For Indie CTV Publishers

SSPs have mostly either applauded or downplayed the recent crackdown on CTV resellers, but smaller publishers see it as another revenue squeeze.

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

The IAB Formalizes Its Measurement Initiatives Under Its New ‘Project Eidos’

The IAB unveiled its Project Eidos on Monday, a new program uniting its numerous measurement initiatives under one banner.

John Gentry, CEO, OpenX

‘I Am A Lucky And Thankful Man’: Remembering OpenX CEO John ‘JG’ Gentry

To those who knew him, John “JG” Gentry wasn’t just a CEO. He was a colleague who showed up with genuine care and curiosity.

Prebid Takes Over AdCP’s Code For Creating Sell-Side AI Agents

The group that turned header bidding software into an open standard is bringing the same approach to publisher-side AI agents.