Cuando Social Media comenzaba a ganar popularidad entre las personas y las marcas, comenzaron a surgir creencias acerca de la disminución de interacciones “reales” o “cara a cara”, puesto que se desarrollaron a la par, soluciones que permitían realizar casi todo desde dispositivos conectados a internet: desde actividades cotidianas, hasta
This is the second of the seven parts of blog post series “A practical guide to tackle auto insurance fraud”. While Data Management and Data Quality are the basis for every analytical journey, and this becomes even more true for fraud detection analytics, the domain knowledge and business expertise plaid
Implications for the Offensive Paradigm The worldview promulgated by the Offensive paradigm is that if we only had MORE – more data, more computational power, more complex models, more elaborate processes – we could eventually solve the business forecasting problem. But this just doesn’t seem to be the case. Operating
Utility leaders are struggling with a world that's quickly changing and barely recognizable from the one they knew growing up. Many of the old assumptions are gone, and the business model upon which careers have been built is on the verge of disappearing. So what does the internet of things
Hadoop may have been the buzzword for the last few years, but streaming seems to be what everyone is talking about these days. Hadoop deals primarily with big data in stationary and batch-based analytics. But modern streaming technologies are aimed at the opposite spectrum, dealing with data in motion and
Have you seen this error when running a program in SAS Enterprise Guide? ERROR: You cannot open WORK.YOURDATA.DATA for output access with member-level control because WORK.YOURDATA.DATA is in use by you in resource environment IOM ROOT COMP ENV. Or maybe: ERROR: A lock is not available for LIB.YOURDATA.DATA. NOTE: The
Die Kosten drücken auf die Gewinnmarge der Banken. In der aktuellen Niedrigzinsphase ist dies besonders schmerzhaft. Neue Wettbewerber, aber auch das veränderte Kundenverhalten zwingen Banken zusätzlich zum Handeln. Daraus ergeben sich mindestens zwei Ansatzpunkte zur Optimierung durch Digitalisierung: Die bestehenden Prozesse in der Kreditvergabe und -verwaltung müssen schlanker werden, die
With the US Affordable Care Act (ACA) and other health topics in the news lately, I wondered how much people spend on healthcare in various countries. Of course spending varies from person to person, so I decided to take a look at the average per capita spending in each country (it's
Open. The very word evokes a sense of happiness and possibility. When you’re hungry at an odd hour and everything around you seems to be closed, that lone neon sign glowing in a restaurant window is a most welcome relief. When a shop or service you’ve longed for finally builds
In Part 1 of this series, we defined data governance as a framework – something an organization can implement in small pieces. Data management encompasses the disciplines included in the data governance framework. They include the following: Data quality and data profiling. Metadata (business, technical and operational). Data security. Data movement within the enterprise.
Is Complexity Bad? It’s necessary to point out that Goodwin’s article is not arguing against complexity per se, and I’m not either. When you have a high value forecast, where it is critical to be as accurate as possible, of course you are going to want to try every technique
Die aktuelle BARC-Studie verrät die Sicht der Unternehmen auf modernes Datenmanagement mittels Hadoop und Data-Lake-Konzepten. Die Anwenderbefragung gibt einen interessanten Blick auf den derzeitigen Status von Hadoop und Data Lakes in Europa und Nordamerika. Wo wird das Ecosystem eingesetzt, was ist der erhoffte Nutzen, und wo sind die Grenzen, um
Loess regression is a nonparametric technique that uses local weighted regression to fit a smooth curve through points in a scatter plot. Loess curves are can reveal trends and cycles in data that might be difficult to model with a parametric curve. Loess regression is one of several algorithms in
SAS programmers often resort to using the X command to list the contents of file directories and to process the contents of ZIP files. In centralized SAS environments, the X command is unavailable to most programmers. NOXCMD is the default setting for these environments (disallowing shell commands), and SAS admins
Anomalies: The Beginning of a Crisis While even trained scientists can fail to see things that fall outside what they are looking for, anomalies eventually start to get noticed. But still, for a long time, anomalies within an existing paradigm are seen as mere “violations of expectation.” The response within
Today’s IT department isn’t your grandfather’s IT department. It’s not even your father’s IT department. When people talk about Information Technology Departments of the past, it's usually broken into three distinct periods: The Mainframe; PCs; the Internet/post PC. The IT department was seen as the hardware support arm of an
Stretches the hips, ankles and shoulders while opening chest and lengthening spine. Cow Face Pose (Sanskrit: Gomukhasana)
.@philsmion says that even the "best governed" organization today isn't safe from inquiring minds.
Das ist der dritte Beitrag zur Blog-Serie Big Data Governance. Bisher sind erschienen Wie Big Data Unternehmen durcheinanderwirbelt und Mit Data Governance gegen den Datensumpf. Zum Abschluss möchte ich 5 Tipps abgeben, die ich selbst von Pionieren in Sachen Big Data übernommen habe. Meine erste Empfehlung lautet, Data Governance bereits zu Beginn der
In 15 Monaten tritt die EU-Datenschutz-Grundverordnung (General Data Protection Regulation, GDPR) in Kraft. Nicht nur Unternehmen mit Sitz in der Europäischen Union bereiten sich darauf vor, sondern auch Firmen mit Sitz im Ausland sind betroffen, die personenbezogene Daten von europäischen Bürgern nutzen. Welchen Einfluss hat GDPR auf Analytics und Datenmanagement?
The Current Paradigm for Business Forecasting So what is the current paradigm that we, the community of business forecasting practitioners and researchers, are operating under? I’d argue that for at least the last 60 years, since 1956 when Robert G. Brown published his short monograph Exponential Smoothing for Predicting Demand,
Could you imagine running a business with a 35-90% annual turnover rate? What if the average time to fill a position was anywhere between 3-12 months? This alone would cripple most organizations, but is a common reality in state and local child welfare agencies. High turnover and vacancy rates are
In a February 2015 post Offensive vs. Defensive Forecasting, I sought to distinguish two very different approaches to the business forecasting problem: Offensive: The "offensive" forecaster is focused on forecast accuracy -- on extracting every last fraction of a percent of accuracy we can hope to achieve. The approach is
En los últimos 15 años, presenciamos un aumento exponencial en ataques de cibercrimen, la mayoría de ellos con el objetivo de infiltrarse en las bases de datos de las empresas en busca de información confidencial y de valor. Determinados sectores, como el financiero, se vuelven los más buscados y por
In „Silicon Germany“, dem Nachfolgebuch zu seinem Bestseller „Silicon Valley“ (siehe mein Blog dazu), konzentriert sich Christoph Keese ganz auf den Wirtschaftsstandort Deutschland. Kompetent, facettenreich und gut geschrieben mündet die Bestandsaufnahme in ein Plädoyer, gerichtet an Wirtschaft und mehr noch an die Politik: „Wie wir die digitale Transformation schaffen“.
A friend and I were recently debating how much caffeine is in various drinks. I felt like my hands were tied behind my back, since I had no graphs to show them. Of course, the first thing I did when I got to work was create some caffeine graphs! They turned out
Who cares about sports and data? Not just athletes, coaches and fans. It turns out that many companies outside of sporting organisations are also associated with the sports industry. For example, financial services organisations are actively involved in sports sponsorships. Retailers sell fan merchandise. Telcos build social engagement strategies around
Quizá una de las pruebas principales de que la analítica se ha vuelto un aspecto de negocio y no de tecnología en las organizaciones es el nuevo rol que ahora tiene el CMO. El Chief Marketing Officer o lo que en Latinoamérica conocemos como Vicepresidente de Marketing, Gerente o Director
Editor's Note: SAS' e-book, Your guide to becoming a modern marketer, provides additional guidance on the skills you need to become a modern marketer. This e-book provides a plan of action and documents lessons we've learned at SAS while modernizing our marketing organization. Today, the need to take an analytical approach to business challenges no
Recently, one of sons came to me and asked about something called “The Monty Hall Paradox.” They had discussed it in school and he was having a hard time understanding it (as you often do with paradoxes). For those of you who may not be familiar with the Monty Hall
