Recently, I was reading an online article about predictive modeling and "big data." Its premise was to determine whether the use of big data actually led to more accurate and meaningful predictive models and forecasts. After citing numerous external examples and internal tests that the authors had compiled, it stated
I recall that in the not too distant past customer segmentation, in its many guises, was once a flavour of the times. Segmentation was (and still is) however, a greatly misused term, with organisations confusing the (correct) approach of offering a strategic view of a customer base with the more
In den letzten Jahren hat sich einiges getan im Business Intelligence und Business Analytics Umfeld. Big Data - also der zeitnahe Umgang mit großen und polystrukturierten Daten - ist in aller Munde und zeigt vielen gewachsenen BI-Installationen die Grenzen auf. Aber auch die Art wie BI daher kommt hat sich
After the 2014 FIFA World Cup, one thing’s clear: here at SAS, we love football (soccer in the US!). To wrap up the popular 2014 World Cup data visualization series on the SAS Visual Analytics Community, we created a presentation that’s chocked-full of interesting insights. From the trillions of pieces
I spend a lot of time on support.sas.com looking for resources to share. The SAS Programmer’s Bookshelf is a handy reference that’s been around for a while, so I asked “Why not a SAS Administrator’s Bookshelf?” What would you include? It’s complicated, of course, because the SAS administrator’s role covers
Do you know something about SAS® software that other SAS users would love to learn? Of course you do! Whether you’re a student or a member of the Circle of Excellence, every SAS programming project, every analysis or forecasting model is an opportunity to gain new insights into SAS processing
Although I’m not particularly excited about football (I admit, I don’t completely understand what offside means), I did follow the last World Cup with more than average attention. Not only for the handsome players, but especially for all the fascinating statistics that appeared. It struck me that heat maps popped
I want to use SAS’ recent announcement of our Cost and Profitability Management solution as an opportunity to highlight an often overlooked but valuable application of activity-based costing: business process reengineering. But first, just a brief description of Cost and Profitability Management’s new breakthrough capability: In-memory model calculation. SAS’ decision
Wozu genau brauche ich eigentlich Big Data? Ach ja - stimmt - um meine Analysen zu verbessern. Und warum mache ich nochmal Analytik auf Big Data (Big Data Analytics)? Die Antwort ist noch viel einfacher: Von der akademischen Anwendungen vielleicht einmal abgesehen, ist das eigentliche Ziel die datenbasierte Entscheidungsfindung. Im privaten
I can’t believe that it has been almost two months since SAS Global Forum in Washington DC! As always, I was reinvigorated and came back with even more ideas on how to improve the way that we do things, apply new lessons and try some things out – along with
I wish I had a nickel for every time I heard this question at SAS Global Forum: "So, does this SAS Studio thing replace SAS Enterprise Guide?" SAS Studio is a pretty big deal. It's groundbreaking in several ways: It's a web-based programming interface to SAS. It runs in your
Principle 8: Comprehensiveness - Risk management reports should cover all material risk areas within the organization. The depth and scope of these reports should be consistent with the size and complexity of the bank’s operations and risk profile, as well as the requirements of the recipients. One of the four
I'm an avid Star Wars fan, and am cautiously optimistic about what J.J. Abrams intends to do in Star Wars VII. The cast for the movie was revealed earlier this week, and today is May the Fourth, an unofficial Star Wars holiday. You might be asking yourself what any of
I’ve been to a fair number of SAS User Group International (SUGI) and SAS Global Forum conferences over the years, but I don’t think I’ve been to one as productive, well-organized and fun as this year’s conference in Washington DC. Part of what made the conference very relevant for many
Recently, as I was driving in listening to National Public Radio (NPR), the topic of conversation was Edward Snowden and the National Security Agency (NSA), again. If you’ve been listening to any of this coverage, it seems the news media has a new catch word “metadata” that they are throwing
It was wonderful to see and talk with so many SAS Administrators at SAS Global Forum this year. If you’re like me, you may have finished the conference wondering why it wasn’t possible to be two places at once because there was so much terrific content that it was impossible
Principle 1: Governance – A bank’s risk data aggregation capabilities and risk reporting practices should be subject to strong governance arrangements consistent with other principles and guidance established by the Basel Committee. My colleagues and I have written a series of posts on the principles of BCBS 239. In this
This SAS tutorial video will show you how to create a new variable with Base SAS. During the step-by-step video, you will see exactly how to create and modify numeric and character variables using assignment statements in a DATA step. Watch and learn… To learn more about the steps in
Demand for analytics is at an all-time high. Monster.com has rated SAS as the number one skill to have to increase your salary and Harvard Business Review continues to highlight why the data scientist is the sexiest job of the 21st century. It is clear that if you want to be
“My goal is to constantly improve the quality and stability of our software while at the same time innovating,” said Vice President of SAS Resarch and Development Armistead Sapp yesterday at the SAS Global Forum Technology Connection. Hosted by Product Management Director Michele Eggers, the Technology Connection focused not only on
If SAS users ever doubted their influence on SAS software, SAS CEO Jim Goodnight put any worries to rest during Opening Session of SAS Global Forum 2014 yesterday. In front of more than 4,500 attendees, and amidst images of the Lincoln Memorial and the US Capitol on the main stage of
For the third year now, I'll be hosting the SAS Tech Talk shows at SAS Global Forum. (Since I've been invited back I can assume that I'm more of an Ellen DeGeneres than a Seth MacFarlane.) These shows feature SAS technical experts (mostly from SAS R&D) who are prepared to
The odds may not be in your favor, but SAS Analytics could help you win a huge prize. As you may have heard, billionaire philanthropist Warren Buffett and Cleveland Cavaliers owner Dan Gilbert have teamed up to offer $1 billion to anyone who can create a perfect NCAA March Madness
SAS Global Forum 2014 is only a couple of weeks away, and I wanted to highlight what conference leaders are doing for our campuses. This year’s renewed focus on content successfully allowed for academics and institutional research to be content areas. As such, these selections may be included as target
The 2014 SAS Global Forum will be the launch pad I use to blast off for SAS exploration! Since being introduced to SAS software, I have been driven to continually evolve as a SAS programmer through the development of my abilities and the discovery of new techniques. Winning the SAS
Another year, another conference! This year I am really looking forward to attending SAS Global Forum 2014. I am, of course, looking forward to seeing familiar faces and making new acquaintances at the networking events. This year the session content is spectacular and I will be in as many sessions
SAS Global Forum starts for me in the fall of the prior year. This is when you submit your ideas for papers and then wait patiently for many months to learn if it was selected. I enjoy writing and presenting ideas, so here are my topics and what inspired them.
My journey to SAS Global Forum each year resembles a Gartner “Hype Cycle”. Every year, I leave the conference with a million ideas about how I can take what I’ve learned back into my own practice and think (foolishly) that I should write a paper on this or that. Then there
SAS Environment Manager 2.1 (which was released with SAS 9.4 M1), has new features to make it easier to manage your SAS environment. For example, it now supports metadata clusters, and it has an improved method for handling access to the application. But the biggest change is in metadata access.
Here in the SAS Performance Lab, we’re seeing more and more SAS sites moving their SAS® 9 application workloads to Windows Server 2012. Now that we’ve had sufficient time to gather feedback from early implementers of SAS on these systems, we thought you might want a recap of some of
