Turning your data historian into a futurist

Under-utilized technology creates a drag on an organization. The ability to get more out of the tools you already use can increase the value of an existing investment, and that value grows as processes become more efficient and decisions are based on firmer foundations. Consider the facilities engineer at an […]

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And the weather yesterday was …

“And the weather yesterday was a sunny 18oC with warm spells in the south and showers in the north. This is similar to the pattern we saw last Thursday.” Imagine if the weather forecast only restated what happened in the past -- would we bother waiting until the end of […]

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All quiet on the Barnett Front

The Barnett Shale in North Texas hit a historic mark on April 25: Its rig count fell to zero. Two hundred rigs once harvested the 40 trillion cubic feet of natural gas in this massive basin, stretching beneath 17 Texas counties. Today, nothing. This dramatic silence in North America’s second-largest […]

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University of Oklahoma sees 90% accuracy with data-informed recruiting

How do universities predict which students will enroll? And how do they determine what actions recruitment officers should take to entice students to pick their university? These were two of the key questions tackled by Lisa Moore, Institutional Research Analyst at University of Oklahoma, during her presentation at The Texas […]

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The price is right: Four steps to better pricing decisions

It’s hard to believe that another year is over. 2015 is behind us; 2016 is ahead. As I looked back over this year, I recalled starting last year at the National Retail Federation Big Show. I presented in the SAS booth on “Optimizing Pricing Decisions.” The presentation was simple and used the concept of […]

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From downtime to upside with oilfield predictive maintenance

Dust off that old aphorism about an ounce of prevention. Oil companies applying analytics for predictive maintenance can see a substantial downtick in the unanticipated equipment repairs that quickly eat into an oil well’s profitability. Maintenance is far from a trivial concern in the oilfield. A pumping oil well is […]

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Stop cleansing your historical shipment data!

The real reason companies cleanse the historical demand is that traditional forecasting solutions were unable to predict sales promotions or correct the data automatically for shortages, or outliers. To address the short comings of traditional technology, companies embedded a cleansing process of adjusting the demand history for shortages, outliers, and […]

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Mind the Gap: Reality versus expectations in demand forecasting

With all the enhancements in demand management over the past decade, companies are still faced with challenges impeding the advancement of demand-driven planning. Many organizations are struggling with how to analyze and make practical use of the mass of data being collected and stored. Others are perplexed as how to […]

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Get the inside track on the UK's General Election result

Bookies have long turned a trade in predicting the fate of our politicians in the general election. According to Ladbrokes, gamblers are set to spend a staggering £100m betting on this year’s result. The outcome of the May 7 vote is anticipated to be the hardest election to predict in […]

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No toying around: forecasting at The Lego Group

Once upon a time: The toy industry has invited me to the world‘s largest toy fair, which took place recently in the city of Nuremberg. With close to 3,000 exhibitors the toy fair is bigger than ever before. Success is the theme of the event, and most German retailers cannot complain with consecutive […]

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