Interestingly, the Basel Committee’s Principles for Effective Risk Data Aggregation and Risk Reporting (otherwise known as BCBS 239) begins with a quote from T.S. Elliot’s The Rock: Where is the wisdom we have lost in knowledge? Where is the knowledge we have lost in information? In this age of big
Hoy en día la visualización de datos está siendo el tema central cuando hablamos de big data, analítica e inteligencia de negocios. El tamaño, la velocidad y la variedad de sus datos están creciendo cada vez más rápido, y el mundo del análisis avanzado está cambiando, ¡su compañía no se
Today is American Diabetes Association Alert Day®: a one-day "wake-up call" to bring attention to the increasing prevalence of diabetes worldwide. Whether or not you have diabetes, today is a perfect time to step back and think about your current lifestyle and what you can do NOW to prevent or
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
Los tiempos en que el presidente o el gerente general de una compañía tenía que pedir la información crítica del negocio al área encargada y esperar varios días su respuesta, son ahora cosa del pasado. La agilidad que exige el mundo moderno aceleró los procesos administrativos internos de las organizaciones,
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
La tendencia del big data hoy refleja una dura realidad: las compañías tienen grandes cantidades de datos, pero luchan por convertirlos en conocimiento y valor. Nuevas tecnologías permiten a las organizaciones alcanzar ese desafío. La gestión de datos posibilita que las compañías, agencias gubernamentales y universidades puedan consolidar y transformar
La tecnología ha cambiado la forma en que las empresas y los clientes se comunican con sus públicos. Estrategias de correos directos, interacciones a través de redes sociales y habilitación de servicios en páginas web son algunas de las vías con que las compañías se han venido aproximando a los
From Gartner to IDC to the trade press, the watchwords in the supply chain for rest of this decade appear to be “resiliency” and “responsiveness”. It’s not going to be about promotion-based pull-through, and it’s most definitely not going to be about channel incentive-based push-through. What it’s going to be
Ofrecer productos de calidad a un bajo costo ya no es una estrategia para posicionarse en el mercado. Diferenciarse de la competencia obliga a los empresarios a implementar nuevos modelos cuyo eje principal sean los consumidores, y basarse en una estrategia de Customer Experience es el mejor camino. El Customer
People who know me know that there’s one thing I hate at work – duplication of efforts. I’m not talking about working on a problem in a coordinated fashion. I’m talking about two or more people doing the same work, to answer the same question. Without coordination, there will be
One of the primary predictive modeling tools capable of fitting very complex nonlinear functions is Neural Networks (NN) in SAS advanced analytics software SAS Enterprise Miner (EM). The default option in NN EM node uses a Multilayer Perceptron model with an input, an output and a single hidden layer with
I had the opportunity to moderate a roundtable discussion on risk management at the International Institute for Analytics’ (IIA) winter symposium in Orlando earlier this month. I set the stage for the session with a brief overview of my favorite risk approach, “Competing on Value”, by Mack Hannan and Peter
Last week’s Winter Storm Pax closed schools, businesses and government here in the eastern US. Perhaps we were inspired by warm thoughts of America’s capital city in the spring. Perhaps spending so many days at home alone underscored the value of sharing information and insights with coworkers. Or, perhaps after
Bridging the Rift between Dev and Ops As a member of the Product Marketing team at SAS, I spend a good part of my time researching – analyst reports, industry journals, blogs, social channels – and listening to what our customers are saying. Early last spring I began noticing the term
Dylan Jones says one way to improve data accuracy is to increase the frequency and quality of reality checks.
Recent studies show that the annual winter migration of millions of monarch butterflies from the US to Mexico is at risk of disappearing - can SAS graphics help change that?!? When I was a kid (not that long ago), one of my main activities was the 4-H Entomology project. I
This year the Super Bowl will take place in East Rutherford, New Jersey at MetLife Stadium just outside New York City. For the first time in this event’s 48-year history, the game will take place outdoors in a cold-weather environment, potentially subjecting players and fans to sub-freezing temperatures. The fans
El papel del CEO en las grandes empresas ha venido transformándose a la velocidad con que la tecnología dispone para él la información crítica de su negocio. Y ahora que puede tenerla casi al instante, su protagonismo y responsabilidad son mayores. Para gerentes de vanguardia. Los tiempos en que el
Because I began my SAS career in the Publications division, I like to think that I have a keen eye when it comes to SAS documentation. When I first visited the SAS 9.4 online documentation, I immediately noticed that it had a different look. Examine the image below; can you
How do you build a forecast when you have no historical data? This is a recurring challenge for businesses that update their product offerings, and a recurring question in online forecasting discussion groups (e.g. this one on LinkedIn). The bad news is that you probably can't expect to achieve highly
A standard joke among venture capitalists is that often the only well-developed section of the many business proposals they receive is the exit strategy. “We’re going to be acquired for $10-20 million by a Fortune 500 company within 6-8 years.” Exactly how they are going to achieve that $10M valuation is,
As I crossed the finished line, I could feel the tears welling up. “Don’t do it," I thought. "Athletes don’t cry." Somehow, I managed to pull myself together, but instead of my usual post-race celebration of high fives and cheering on other runners, I walked to the race result board
Drilling a well is costly, risky and fraught with hazards for both man and machine. So why does most well behavior surveillance rely solely on historical data? Why not include a data driven approach that can also predict what might happen next? One great example is wellbore breathing. Annular pressure
Text (aka unstructured) data is real, it’s huge, and it’s rapidly building up (both internally – at your company, and externally – on the web). You’ll only see more in the days to come. And guess what? If you are practicing traditional analytics at your company, foraying into unstructured data
Twitter is becoming an important data source for organizations who want to better understand customer feedback on social channels. Before you can analyze Twitter data, however, you’ll need to import it into SAS. This post explains one way to do just that. Twitter supports authentication methods such as OAuth signed
This week’s SAS tip is from the fabulous Chris Hemedinger and his latest book Custom Tasks for SAS Enterprise Guide Using Microsoft .NET. Many of you are already familiar with Chris—whether you read his blog The SAS Dummy, hear him speak at conferences, or use his very helpful books. After
Writing a book about SAS (or any computer software) is both gratifying and frustrating. It's gratifying because there are so many SAS users in the world, and it feels good when you can share your expertise with them. It's also gratifying to have a volume that you can point to
Do you analyze data for a city, town, or utility? ... And do you wonder how you can graphically analyze your data? Here are 24 examples to help you! Click the screen-captures below to go to the samples page, where you can see the full-size interactive samples (and also download
“The factory of the future will have only two employees, a man and a dog. The man will be there to feed the dog. The dog will be there to keep the man from touching the equipment.” ~ Warren G. Bennis The promise of digital manufacturing is drawing closer to
