🪙Business Intelligence: Signals (Just the Quotes)

"Data are generally collected as a basis for action. However, unless potential signals are separated from probable noise, the actions taken may be totally inconsistent with the data. Thus, the proper use of data requires that you have simple and effective methods of analysis which will properly separate potential signals from probable noise." (Donald J Wheeler, "Understanding Variation: The Key to Managing Chaos" 2nd Ed., 2000)

"No matter what the data, and no matter how the values are arranged and presented, you must always use some method of analysis to come up with an interpretation of the data.

While every data set contains noise, some data sets may contain signals. Therefore, before you can detect a signal within any given data set, you must first filter out the noise." (Donald J Wheeler," Understanding Variation: The Key to Managing Chaos" 2nd Ed., 2000)

"Data analysis is not generally thought of as being simple or easy, but it can be. The first step is to understand that the purpose of data analysis is to separate any signals that may be contained within the data from the noise in the data. Once you have filtered out the noise, anything left over will be your potential signals. The rest is just details." (Donald J Wheeler," Myths About Data Analysis", International Lean & Six Sigma Conference, 2012)

"A complete data analysis will involve the following steps: (i) Finding a good model to fit the signal based on the data. (ii) Finding a good model to fit the noise, based on the residuals from the model. (iii) Adjusting variances, test statistics, confidence intervals, and predictions, based on the model for the noise." (DeWayne R Derryberry, "Basic data analysis for time series with R", 2014

"Data catalogs that focus on search bring techniques and methods from information retrieval and web search engines to the data domain within enterprises. Some of those catalogs, such as Facebook Nemo, use advanced machine learning and NLP tools to provide personalized search of data within an enterprise. The search can also use data-specific signals such as usage, popularity, and freshness to rank data assets by usefulness." (Fadi Maali & Jason Lim, "Implementing a Modern Data Catalog to Power Data Intelligence: Make Trustworthy Data Central to Your Organization", 2022)

"In a self-service environment with multiple publishers, it’s impossible to completely avoid data redundancy and overlapping. Multiple data assets with similar content, but possibly with varying quality, will exist. A data catalog can guide users to trusted data that comes from a reliable source and is frequently used. A data catalog can also use various explicit and implicit quality signals when ranking datasets for recommendation. Some of those signals are discussed next. Furthermore, a data catalog can recommend domain experts who are automatically identified based on actual data usage." (Fadi Maali & Jason Lim, "Implementing a Modern Data Catalog to Power Data Intelligence: Make Trustworthy Data Central to Your Organization", 2022)

"Many argue that model drift is best monitored by monitoring the data drift in incoming data and the drift in the generated features. As and when the ground truth is available, it is joined by some primary key criteria with the inference data in a Delta table. Again, the update and merge operation support in Delta makes this a breeze. Now the actual and predicted values of the inference data are computed to see how well the model is doing in terms of the quality of insight generation. The feature engineering pipeline is completely in-house and is easier to monitor for drift. The model interpretability may indicate that some columns contributing to the predictive power are incorrect, and it may be necessary to add or remove features. In such cases, a threshold of tolerance is violated, which signals a need for model retraining." (Anindita Mahapatra, "Simplifying Data Engineering and Analytics with Delta", 2022)

"Establishing a comprehensive observability architecture necessitates a systematic approach that spans the entirety of the data pipeline, from initial telemetry collection to actionable insights accessible by diverse stakeholders. The core objective is to unify distributed data sources - metrics, logs, traces, and quality signals - into a coherent framework that enables rapid diagnosis, continuous monitoring, and strategic decision-making." (William Smith, "Soda Core for Modern Data Quality and Observability: The Complete Guide for Developers and Engineers", 2025)

"A defining attribute of the domain-oriented ownership principle is the focus on context preservation in Data Management. This aspect accentuates the importance of keeping data within its native domain environment, allowing it to retain its original context, value, and meaning. When data is managed close to its source, its contextual richness is preserved. This sharply contrasts centralized models, where data is often abstracted from its source, leading to potential loss of signal or context. When data remains within its generating domain, it retains the nuances and specificities unique to its activities, challenges, and goals." (Pradeep Menon, "Data Mesh Principles, patterns, architecture, and strategies for data-driven decision making", 2024)

 More on Signals in Data Science, Graphical Representation, Systems Engineering