Warum? Big Data ist das Innovationsschlagwort der Stunde, und ohne Analytics werden wir dieser Datenmenge in Zahlen oder Texten nicht Herr. Viele Unternehmen nähern sich in ersten kleinen Schritten dem Thema, aber konkrete Umsetzungen hinken noch immer den technischen Möglichkeiten hinterher. Analytics in der Cloud scheint die Lösung zu sein.
The best graphs are both beautiful and informative - a smooth blend of art and analytics. But more often than not, the two collide rather than blending smoothly... Here is a link to a artistic infographic I recently saw posted by Vendavo on twitter. Their message (80% of your profit is generated
Forget about Big Volume, for my money the real value in Big Data comes from its variety. Why? Because just as there is “Value in the Network” when it comes to your business ecosystem, your data can be "networked" for value in much the same way. Before we dive into the business implications
I've been in many bands over the years- from rock to jazz to orchestra - and each brings with it a different maturity, skill level, attitude, and challenge. Rock is arguably the easiest (and the most fun!) to play, as it involves the least members, lowest skill level, a goodly amount of drama, and the
Adoption of Hadoop, a low-cost open source platform used for processing and storing massive amounts of data, has exploded by almost 60 percent in the last two years alone according to Gartner. One primary use case for Hadoop is as a data lake – a vast store of raw, minimally processed data. But, in many ways, because
The title of this article makes no sense. How can the number of elements (in fact, the number of anything!) not be a whole number? In fact, it can't. However, the title refers to the fact that you might compute a quantity that ought to be an integer, but is
I recently read a Washington Post article about the euro versus the dollar, and I wanted to analyze the data myself to see whether the article was simply stating the facts, or "sensationalizing" things. The washingtonpost.com article started with the headline, "This is historic: The dollar will soon be worth
Did you know the US-Malawi trade relationship is based almost entirely on tobacco? Or that apparel & accessories drive Morocco & Tunisia exports while their North African neighbors rely on oil? The United Nations Statistics Division collects detailed international trade data from more than 200 countries on the import and
Advances in technology, evolution of the distribution channels, demographic shift, economic conditions and regulations changes. How does an insurer prioritize all these seemingly competing goals and create sustainable competitive advantage. One answer is analytics. Many insurance companies are just beginning to take steps toward becoming an “analytic insurer” – one
SAS und Hadoop: Immer mehr Unternehmen stellen Überlegungen zum Einsatz von Hadoop als Framework für verteiltes Speichern und Verarbeiten großer Datenmengen an. Gerade für das Speichern von un- oder semistrukturierten Daten wie soziale Medien, Blogs, Foren, Online-Shops oder maschinengenerierte Sensordaten bietet sich diese Plattform an. Natürlich besteht häufig der Wunsch,
Is daylight saving time the ultimate in efficiency, or is it living a lie? Here are some graphs that might help facilitate a discussion on this topic ... With daylight saving time (DST), a whole geo/political area (such as a country) decides to set their clocks forward an hour during
Fraud is a growing problem for businesses – and one of the biggest threats comes from an organisation’s own employees. In many countries, the incidence of internal fraud is rising. According to the Credit Industry Fraud Avoidance System (CIFAS), in the UK alone there was an 18 percent rise in the total
One thing that always puzzled me when starting out with data quality management was just how difficult it was to obtain management buy-in. I've spoken before on this blog of the times I've witnessed considerable financial losses attributed to poor quality met with a shrug of management shoulders in terms
Für mich war es als Kind in Wien komplett unverständlich, warum das „H“ auf den deutschen Autokennzeichen nicht für eine berühmte Stadt wie Hamburg, sondern für irgendeine, für mich komplett unbekannte Stadt wie Hannover stehen sollte. Und ganz ehrlich; ich habe es den Freunden meiner Eltern aus Deutschland auch lange
“Dear Cat, I got an email from my IT department that says: [We are nearing capacity on the Flotsam Drive. Please clear data from any folders you are no longer using so we can save disk space. Thanks, The IT Department] Doesn’t this strike you as a bit old-fashioned? I
Imagine that you have one million rows of numerical data and you want to determine if a particular "target" value occurs. How might you find where the value occurs? For univariate data, this is an easy problem. In the SAS DATA step you can use a WHERE clause or a
When do analytics really provide value? All the time, of course. However, one of the best times for analytics to prove their value is when you are asked to do more with less. Often, the reason we are asked to do more with less is because of an economic downturn
.@philsimon looks under the hood of 'analytics.'
Which is more important - having beautiful graphs, or accurate graphs? Let's explore this question using the locations of the world's richest billionaires... I recently saw a beautiful map on dadaviz.com that purported to show the cities with the most billionaires. Here's a screen-capture of that map: I decided to
Ich gestehe, das hat mich überrascht. Eine Messe in der Idenitätskrise zwischen Consumer-Gadget-Show und Business-Optimierungskonferenz lädt den "bekanntesten Whistleblower der Welt" (http://www.cebit.de/) zu einer Liveübertragung ein. Was will die CeBIT damit erreichen - und was wird sie damit erreichen? Nach den harten Formulierungen von Sascha Lobo zum Thema Bullshit (http://www.spiegel.de/netzwelt/web/kommunikation-im-internet-sascha-lobo-ueber-netz-bullshit-a-1022976.html) muss
I know what you did last summer. If it was unintentional, then you probably don't know what I am talking about. If it was intentional, then you probably thought that I would never find out. Either way, the damage is done. The actions that you took on that warm summer
With any software program, there are always new tips and tricks to learn, and nobody can know them all. Sometimes I even pick up tips or techniques from my students while they’re learning broader programming tips from me. Like fine wine, instructors only get better with age. Every customer interaction
This article show how to run a SAS program in batch mode and send parameters into the program by specifying the parameters when you run SAS from a command line interface. This technique has many uses, one of which is to split a long-running SAS computation into a series of
Companies have become obsessed with product quality – and for good reason. Customer dynamics, their willingness to expose product quality issues socially on the web, and the ease with which they can jump to competitive products make quality a more important differentiator than ever before. Over the past 15 years,
With Pi Day coming up on 3/14, I wanted to make sure all you SAS programmers know how to use the pi constant in your SAS code... All you have to do is use constant("pi") in a data step, and you've got the value of pi out to a good many decimal places
England’s shambolic early exit from the Cricket World Cup has stirred up a hornet’s nest about the team’s supposed over-reliance on data. In the aftermath of their defeat to Bangladesh, coach Peter Moores said: ‘We thought 275 (runs) was chaseable. We’ll have to look at the data.’ It prompted outrage from
Are you heading to the ENAR 2015 Spring Meeting in Miami this week? SAS author and Program Chair Mithat Gönen, of Memorial Sloan-Kettering Cancer Center, and Associate Chair Brisa Sánchez, of the University of Michigan School of Public Health have created an outstanding scientific program this year. The sessions cover
Big Data schwirrt weiter durch unseren Alltag. Versprechungen von neuen bahnbrechenden Möglichkeiten wechseln sich dabei ab mit Horrorszenarien, die uns die gläserne Zukunft androhen. All dies läuft verstärkt unter der Überschrift Digitalisierung ab, als ob wir nicht schon seit etlichen Jahren alle möglichen digitalen Werkzeuge nutzen, um effizienter zu werden.
Downstream data have been electronically available on a weekly basis since the late 1980s. But most companies have been slow to adopt downstream data for planning and forecasting purposes. Let's look at why that is. Downstream data is data that originates downstream on the demand side of the value chain. Examples
Saturday, March 14, 2015, is Pi Day, and this year is a super-special Pi Day! This is your once-in-a-lifetime chance to celebrate the first 10 digits of pi (π) by doing something special on 3/14/15 at 9:26:53. Apologies to my European friends, but Pi Day requires that you represent dates
