Analytics in education is everywhere

Did you ever experience a time where you hear or see the same thing over and over again? Whether you chalk it up to coincidence, immersion or saturation, you clearly start seeing the same ideas or topics discussed in multiple places. Lately, I have been hearing about the topic of [...]

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Words have power: Using the words "fraud" and "prediction"

Fraud detection presents myriad analytical challenges: gathering sufficient known cases to make typical modeling techniques possible, gathering inputs from disparate data sources, and combining expert knowledge from investigators with findings to be gleaned from the data in an efficient way. Of course, analysts can fall into the trap of thinking [...]

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Olivia Parr-Rud on predictive analytics

I’ve recently had the chance to work with Olivia Parr-Rud, an internationally recognized expert and thought leader in predictive analytics and innovative leadership. Her pioneering techniques in predictive modeling led to the writing of her first book, Data Mining Cookbook, Modeling for Acquisition, Risk and Customer Relationship Management (Wiley 2001). Olivia’s passion [...]

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Predictive analytics lessons from Enterprise Holdings

Are you always looking for that inside perspective? Most of us are! As we all know, customers are the primary – perhaps exclusive – source of cash flow for many organizations.  Knowing which ones are most profitable is critical to maximizing future economic value. To help today’s marketing and business leaders learn [...]

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Creating a predictive model factory

For all of you who have ever been to Heidelberg, location of the headquarters of SAS Germany and the place where I live, you might know that a town called Mannheim is nearby. Some might even know that Mannheim is the place where a genius German engineer called Carl Benz [...]

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Analytics gone wild?

A recent post on the International Institute for Analytics (IIA) site, Analytics Conferences Gone Wild!, is*not* about how statisticians are sexy. Yes, I’m recalling that memorable quote in the August 2009 NY Times story, “For Today’s Graduate, Just One Word: Statistics,” which included the following quote: “I keep saying that [...]

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China Guangfa Bank answers the big data call

Dr. Yachen Lin, Chief Risk Officer of China Guangfa Bank Credit Card Center (CGB), was interviewed while at the 2011 Premier Business Leadership Series in Singapore. He discussed the analytics culture at CGB – explaining how CGB uses analytics to know its customers and manage risk. There are only 14 [...]

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Are we going into another recession?

There is a lot of talk hither and yon about a “double-dip” recession. Not at all uncommon when you consider past recessions. Let’s take a look at some data from the June 2011 survey of senior financial executives from the Manufacturers Alliance/MAPI to dig into the double dip theories. MAPI [...]

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Five lessons in analytics from Jim Goodnight and Pierre Nanterme

Last year Jim Goodnight shared the stage with Bill Green (the then CEO of Accenture) and talked about what it takes to build an analytical organization. This year Dr. Goodnight was with Pierre Nanterme, the current CEO of Accenture and they talked about what it means to lead an analytical [...]

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The incremental impact

Tapan and I had the chance to talk with Karen Washburn, Manager for the SAS Business Knowledge Series, a SAS Education Division program, who is joining us at Predictive Analytics World this week! Karen will be participating in the conference and seeking out new partners to join the Business Knowledge [...]

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