➤ DISCLOSURE! In June 2018 Google introduced changes to the way it handles its Maps platform. They now require API key in order to embed a map, plus Google Maps "projects" must now be associated with a billing account. Unless these new Google rules are met, Google maps described in
In a previous blog post I showed how to order a set of variables by a statistic. After reshaping data, you can create a graph that contains box plots for many variables. Ordering the variables by some statistic (mean, median, variance,...) helps to differentiate and distinguish the variables. You can
Capital investment in production capability is the weakest link in the business value chain. It always has been and likely always will be. It’s the driving force behind the tendency towards cartels, collusion and monopolies. While it can make the first entrant into a brand new market, in the long
And now for the five steps: 1. Ignore industry benchmarks, past performance, arbitrary objectives, and what management "needs" your accuracy to be. Published benchmarks of industry forecasting performance are not relevant. See this prior post The perils of forecasting benchmarks for explanation. Previous forecasting performance may be interesting to know, but
¿Alguna vez ha pensado en cómo sería si se pudieran predecir conflictos? Hay muchos ejemplos de cómo los grandes volúmenes de datos pueden ser utilizados para el bien del mundo. En este post, Jim Davis, Vicepresidente Senior y CMO de SAS, resalta cinco casos recientes en los que el uso del Big
➤ DISCLOSURE! In June 2018 Google introduced changes to the way it handles its Maps platform. They now require API key in order to embed a map, plus Google Maps "projects" must now be associated with a billing account. Unless these new Google rules are met, Google maps described in
When the recent earthquake hit California, one of my friends commented that "California is so dry right now, I'm surprised it didn't just break off and fall into the ocean!" It got me wondering, just how bad and widespread is California's drought? I did a few Web searches and found lots
Because you are already halfway there and you should want the entire process to be data-driven, not just the historical reporting and analysis. You are making decisions and using data to support those decisions, but you are leaving value on the table if the analytics don't carry through to forecasting. In the
My wife got one of those electronic activity trackers a few months ago and has been diligently walking every day since then. At the end of the day she sometimes reads off how many steps she walked, as measured by her activity tracker. I am always impressed at how many
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
Ahhh, summer!! It’s such a beautiful time of year. All the fresh produce comes out of the fields at a rapid pace giving us an abundance of deliciousness and beautiful colors to thrill our bodies and souls.
I’m sitting here staring at a book on my shelf entitled, “Impending Crisis”. Even knowing the copyright date, 2003, it could still be about any one of several possible crises: healthcare, financial, energy, education, environment. But no, in this case the impending crisis in question is provided by the subtitle: “Too many jobs,
Es probable alguna vez en su vida haya hecho una matriz identificando debilidades, oportunidades, fortalezas y amenazas (DOFA) en su equipo de trabajo o en su organización y que por eso el tema le suene familiar. Sin embargo, realmente ¿ha hecho un análisis profundo para saber cuáles son sus amenazas?
There are many ways to use SAS in Health & Life Sciences, and one of my favorite is using it to track the spread of diseases. This post demonstrates how to layer several customized maps to track the recent Ebola outbreak in Africa. In this blog post, I describe how I
What insights can be gained from the massive amounts of data that allow us to make decisions that deliver the best results? Data vs. information is an ongoing battle. Many people look for more data to make confident decisions. However, what most people seek is insight. Retailers always have tracked
Para ganar en el mercado, las organizaciones deben estar innovando todo el tiempo, esto significa moverse rápido, entrar en nuevos mercados estar más accesibles para los clientes, lanzar nuevos productos y tener precios cada vez más competitivos. Pero entre más innoven y compitan, mayores son los riesgos que deben enfrentar
We often hear from retail bank customers that they aren't satisfied with the revenue captured through digital channels. It was therefore with great interest that I embarked on the mission to understand Chris Skinner’s book Digital Bank. Why we need digital banks The book starts by painting the landscape of
In my last three posts on data ethics, I explored a few of the ethical dilemmas in our data-driven world. From examining the ethical practices of free internet service providers to the problem of high-frequency trading, I’ve come to realize the depth and complexity of these issues. Anyone who's aware of these
Perhaps you're a big data expert who is fluent in Pig, Hive, MapR and all the technologies associated with the open source big data framework. Or maybe your role hasn't yet been touched by the increasingly popular Hadoop system. It's certainly worth a few minutes of your time (or perhaps
➤ DISCLOSURE! In June 2018 Google introduced changes to the way it handles its Maps platform. They now require API key in order to embed a map, plus Google Maps "projects" must now be associated with a billing account. Unless these new Google rules are met, Google maps described in
For 38 years, SAS CEO Jim Goodnight has run this company by a simple philosophy: Treat employees like they make a difference and they will. It was with that philosophy in mind 30 years ago that SAS opened the doors to its on-site healthcare center – with just one employee!
I love summer. I love the sunny days, the sound of the happy birds in the morning, growing tomatoes in my back yard, and playing outside with my family. Beach or mountains – I’m 100% beach. Sunshine or snow? 100% sunshine, palm trees, sand, and the beautiful sound of waves
Have you written a SAS/IML program that you think is particularly clever? Are you the proud author of SAS/IML functions that extend the functionality of SAS software? You've worked hard to develop, debug, and test your program, so why not share it with others? There is now a location for
This was probably my favorite of the myth-busters webcasts I have been spewing about, and now I definitely want to meet James Dallas so we can discuss and nod emphatically at each other’s insights on this topic! The “You can’t have analytics without IT” myth is the fourth myth covered
La fiebre del mundial por estos días, ha contagiado a millones de personas en el mundo entero. El éxito inesperado de algunas selecciones de fútbol, ha contribuido en gran medida a este aumento de interés, pero también lo han hecho el alto nivel de competencia, la intensa pasión de los
Principle 13: Remedial actions and supervisory measures - Supervisors should have and use the appropriate tools and resources to require effective and timely remedial action by a bank to address deficiencies in its risk data aggregation capabilities and risk reporting practices. Supervisors should have the ability to use a range
Did you check your email and/or favourite social media site before leaving for work this morning? Did you do it before getting out of bed? Don’t worry, you’re not alone. I do it every morning as a little treat while I “wake up” and whether I realize it or not,
Principle 11: Risk management reports should be distributed to the relevant parties while ensuring confidentiality is maintained. Early in 2013, the Basel Committee on Banking Supervision (BCBS) issued guidelines for banks regarding risk data aggregation and reporting. Known collectively as BCBC 239, these principles were designed to ensure that banks
This probably won't surprise any of my regular readers: "SAS custom tasks" is one of my favorite topics to talk about. Since 2007, I've written blogs about how you can use custom tasks to extend SAS Enterprise Guide and the SAS Add-In for Microsoft Office. I've shared lots of examples,
For supply chain managers and analysts Getting Demand in Shape can mean collecting the most pertinent data to support specific business processes and activities. Identifying new or previously unused data sources can be especially important. My most recent article titled “Getting Demand in Shape” in the May / June issue of APICS magazine
