Big Model: The necessary complement to big data

With all the hype over big data we often overlook the importance of modeling as its necessary counterpart. There are two independent limiting factors when it comes to decision support: the quality of the data, and the quality of the model. Most of the big data hype assumes that the data […]

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Why I’m not worried by double negatives?

Double negatives seem to be everywhere, I have noticed them a lot in music recently. Since Pink Floyd sang "We don't need no education", to Rihanna's "I wasn’t looking for nobody when you looked my way". My own favourite song with a double negative is "I can't get no sleep" - Faithless. This […]

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Are you missing out when it comes to data monetization?

After doing some recent research with IDC®, I got to thinking again about the reasons that organizations of all sizes in all industries are so slow at adopting analytics as part of their ‘business as usual’ operations. While I have no hard statistics on who is and who isn’t adopting […]

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Build a culture that embraces big data challenges

Big data. Streaming data. Complex data. We’ve all heard the reasons why organizations feel like they’re facing an insurmountable data challenge. Now, it’s time to do something about it. For the past few years, SAS has helped some of the world’s leading companies make sense of an avalanche of data. […]

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Four lessons from the Data4Decisions conference

It’s great to get in on something on the ground floor. That’s what happened at the inaugural Data4Decisions Conference and Exhibition held in Raleigh, NC, in March. It brought together business people, academics and students to explore how organizations use data management and analytics technology to enhance business processes and […]

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Oilfield contextual analytics: Do you want to play a game?

In the Cold War techno-thriller WarGames, a marine monitoring a nuclear missile silo deep under the Nevada desert sees a red warning light blink on his console. “Just flick it with your finger,” his colleague tells him. He does, and the bulb goes out. Problem solved. But what will their […]

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Diagnosis: Your data is not “normal”

“Let’s assume a normal distribution …”  Ugh!  That was your first mistake.  Why do we make this assumption?  It can’t be because we want to be able to mentally compute standard deviations, because we can’t and don’t it that way in practice.  No, we assume a normal distribution to simplify […]

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Are you ready to graduate from spreadsheets to analytics?

Flexibility and nimbleness are terms synonymous with small and mid-sized businesses. They have the ability to react quickly to changing market conditions as they are made aware of them. Traditionally these businesses have lived in the world of spreadsheets - and why not? They are easy to use, very affordable […]

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Taking advantage of the analytics opportunity

The rise of analytics and big data presents a once-in-a-generation opportunity for organisations to put themselves at the cutting edge, to create a competitive advantage by developing a culture of analytical success within their organisation. Yet most seem unable to grasp the opportunity that is within their reach. Eric Hoffer […]

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Fighting fraudsters

You might assume that a battle-tested businessman with a gruff exterior and a taste for salty language lacks an inner child, but you’d be wrong. Exhibit A is this little-known fact: I have a soft spot for animated Disney movies. Now, I could try to bluff a bit and say […]

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