Regardless of the industry and the company size, companies today have access to a huge amount of data. In order to convert this Big Data into useful insights, analytics strategies aligned with business objectives are required, supported by technology, commitment of the top management and a cultural shift that involves the entire organization. A
The Distributed SAS 9.4 LASR Analytic Server provides a massively parallel processing solution for working very quickly with huge volumes of data. LASR was built from its earliest invocations to provide for incredible scalability and growth. One of the primary criteria which drives the considerations of scalability is load management.
Absent a strong executive presence, most mature organizations will continue to muddle through data integration.
Wie eine unterschiedliche Namensstruktur das Sanctions Screening beeinflussen kann Im Compliance-Kanon der Banken spielen Political Exposed Persons (PEP) und Sanctions Screening eine wichtige Rolle. Banken gleichen Finanztransaktionen mit Sanktionslisten ab und unterbinden diese gegebenenfalls, wenn sie nicht zulässig sind. Es ist mittlerweile sehr kostspielig, sich nicht an die Richtlinien zu
Many computations in elementary probability assume that the probability of an event is independent of previous trials. For example, if you toss a coin twice, the probability of observing "heads" on the second toss does not depend on the result of the first toss. However, there are situations in which
How many companies are using Hadoop as part of their master data management initiative? Come on, raise your hands! Well, maybe a better question is this: How many companies are using Hadoop for enterprise data? From what I have seen, Hadoop is coming along quite nicely. However, it may not be the
SAS Author Derek Morgan is a programming rock star… in more ways than one. Not only has he been a professional SAS programmer in the pharmaceutical industry for almost 30 years and written two editions of The Essential Guide to SAS® Dates and Times, Derek also plays electric bass in
When a person feels sufficiently wronged to lodge a complaint with the Consumer Financial Protection Bureau (CFPB), there’s likely to be some negative sentiment involved. But is there a connection between the language they use and the likelihood they will be compensated by the offending company? At the upcoming Sentiment
Disclaimer: before you get overly excited, PROC EXPAT is not really an actual SAS procedure. Sadly, it will not transfer or translate your code based on location. But it does represent SAS’ expansion of the Customer Contact Center, and that’s good news for our users. Here’s the story behind my
“Los que busquen saber cuándo podría darse la próxima crisis financiera deberían ponerse un recordatorio para el 1 de enero de 2018”. Así empieza un artículo elaborado por la agencia de noticias Bloomberg y publicado este año en Portafolio. El texto busca llamar la atención en torno a la importancia
Der Mensch neigt zum Schleichweg, auch Abkürzung genannt. Das tut er, wenn er fährt, geht oder spricht. Inder und Amerikaner sind wahre Meister solcher Abbreviaturen. Ich habe den Eindruck, dass die Masse an Abkürzungen mit der Komplexität der Thematik zunimmt, Beispiel Sprache der Bankenaufsicht. Und hier mein Song .....
El sector financiero se encuentra en un momento de constantes cambios, sobre todo en materia regulatoria y los ajustes que esto conlleva. Sin embargo, lejos de qué tan convenientes o no resultan para la industria, una pregunta clave y de negocio ante esta situación, es cómo esto llevará a un
They say age is a relative thing. With this graph, you can tell how old (or young) you are, relative to everyone else. (I'll let you decide whether this is a good thing, or a bad thing, hahaha!) Nathan Yau recently posted a graph on flowingdata.com that allows you to
At this stage our organization has already defined the business objectives for Data Governance programme (step 0) and started to manage business terms, as described in step 1. Step 2: tracking data flow in organization Data Governance is not only related to understanding the data – it also focuses on
Man könnte fast meinen, es sei das bestgehütete Geheimnis des SAS® Enterprise Miner. Kaum jemand kennt es. Dabei war es schon immer da – fast. Ab Version 5.1 (2004). Es heißt EM5BATCH Makro und – Sie ahnen es schon – 5 wegen der damaligen Version 5. Es kommt so unscheinbar
Last week I blogged about how to draw the Cantor function in SAS. The Cantor function is used in mathematics as a pathological example of a function that is constant almost everywhere yet somehow manages to "climb upwards," thus earning the nickname "the devil's staircase." The Cantor function has three
Mehr Gehalt, bessere Karriereaussichten – welche Skills helfen dabei? Führungskompetenzen und Kommunikationsfähigkeit – würde man an erster Stelle vermuten. Eine aktuelle Studie kommt aber zu einem anderen Schluss. Eine umfangreiche Studie der Zeitschrift MONEY und der Gehaltsvergleichsplattform Payscale.com zeigt, dass die wichtigste Kompetenz im heutigen Arbeitsmarkt für Analytics SAS Kenntnisse
Data monetisation is a hot topic these days. Especially for people like me watching the movements of early adopters – companies who are using data to create new revenue streams or even create new businesses to capture those revenue streams. DataStreamX is a notable start-up whose sole business is cashing
Editor Len Tashman's Preview of the Summer Issue of Foresight Clarity and effectiveness of communication are key to success – so says a recent survey by the National Association of Business Economists (NABE), which reported that industry leaders and hiring managers considered communication skills to be the single most important
There are many situations where it is beneficial to display the data using a polar graph. Often your data may contain directional information. Or, the data may be cyclic in nature, with information over time by weeks, or years. The simple solution is to display the directional or time data
Paul Goodwin is Professor Emeritus of Management Science at University of Bath, and one of the speakers at this fall's Foresight Practitioner Conference (October 5-6 in Raleigh, NC). His topic will be "Use and Abuse of Judgmental Overrides to Statistical Forecasts"-- an area in which he has contributed much of
We live in a complex world that overflows with information. As human beings, we are very good at navigating this maze, where different types of input hit us from every possible direction. Without really thinking about it, we take in the inputs, evaluate the new information, combine it with our
Auditability and data quality are two of the most important demands on a data warehouse. Why? Because reliable data processes ensure the accuracy of your analytical applications and statistical reports. Using a standard data model enhances auditability and data quality of your data warehouse implementation for business analytics.
Mix up your strength training routine with the RFC's Workout of the Month! July's featured equipment is the BOSU. The BOSU was originally created to improve athletic performance, however, it quickly entered mainstream gyms as well as rehab facilities due to it's versatility as a balance, stability, and core strength tool.
Secondo diverse fonti, il volume di dati archiviati e gestiti nei sistemi IT aziendali cresce con un tasso annuo del 20-40% dal 2010. Stiamo vivendo una nuova era di innovazione e di disruption digitale, in un mondo iperconnesso, caratterizzato da mobility, oggetti intelligenti, interazioni online e reti veloci. Vincere sul
It’s clear from the minute you step into Accenture’s Digital Innovation Center (Future Camp) in Kronberg, Germany, that you're stepping into the future of innovation. The writing is literally on the walls, and everything you need to inspire big ideas – from brightly colored furniture to racks and racks of gadgets
I look forward to SAS Global Forum each year and this past conference ranked up that as one of the best I've ever attended. This year there were so many wonderful presentations, Super Demos and workshops on the topic of administration of SAS and the underlying hardware infrastructure needed for SAS
Data scientists are familiar with prototyping - we do this as part of a well-understood process to arrive at the optimum solution. But prototyping is more than about perfecting the math; it should also be about testing interpretability of the results. This need comes into stark prominence when you start
Let’s go back to 1976 for a moment. Did you know that was the year Muhammad Ali introduced a line of beauty products called “Knock Out?” And the hottest merchandise, including t-shirts, posters and even beanbags sported the character Arthur Fonzarelli (The Fonz) of TV’s “Happy Days.” But there was something
Throughout my 10 years at a leading direct marketing and CRM agency, a chief issue we solved for our clients was what we affectionately referred to as a spaghetti junction. It’s a nickname often given to a massively intertwined road traffic interchange that resembles a plate of spaghetti, like this
