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Work & Life at SAS
STEM at the museum

On Wednesday, October 15, Ed and I will be spending the morning at the North Carolina Museum of Natural Sciences. It’s a great museum, and I always love going there, but that day holds an especially cool event. It’s called the STEM Career Showcase for Students with Disabilities. (If you

Alex Dietz 0
Can big data help revenue management?

Next week I will be presenting at the Cornell Hospitality Research Summit on big data and revenue management. In preparation for the Summit, I have recorded a short presentation that outlines how big data can help augment revenue management. Alex Dietz talks about how big data can help revenue management.

Analytics
Carl Farrell 0
Fighting fraudsters

You might assume that a battle-tested businessman with a gruff exterior and a taste for salty language lacks an inner child, but you’d be wrong. Exhibit A is this little-known fact: I have a soft spot for animated Disney movies. Now, I could try to bluff a bit and say

Analytics
Aiman Zeid 0
Why organizational maturity matters

I wrote “Business Transformation” to guide leaders through a journey to transform their organizations. I included methodologies and examples gathered throughout my 29-year consulting career to assist them. Every executive and leader focuses on how to use resources to produce value. Of course, value can be defined in many terms

Jim Harris 0
As the butter churns in Bangladesh

“Correlation does not imply causation” is a saying commonly heard in science and statistics emphasizing that a correlation between two variables does not necessarily imply that one variable causes the other. One example of this is the relationship between rain and umbrellas. People buy more umbrellas when it rains. This

Data Management
Anne Belder 0
Hadoop: the game-changer in banking

At most banks, data is stored in separate databases and data warehouses. Customer data is stored in marketing databases, fraud analyses are done on transactional data, and risk data is stored in risk data warehouses. Oftentimes even liquidity, credit, market, and operational risk data is stored separately as well. Bringing

Rick Wicklin 0
Convert hexadecimal colors to RGB

In response to my recent post about how to use the PALETTE function in SAS/IML to generate color ramps, a reader wrote the following: The PALETTE function returns an array of hexadecimal values such as CXF03B20. For those of us who think about colors as RGB values, is there an

Anne Belder 0
Digital banking and regulatory compliance

Digital banking is not just a futuristic concept anymore. In fact, some banks are making great progress towards digital banking and social banking, like Citibank, as I described in my previous blog post. But what does this mean for regulatory compliance? Should digital banks have the same regulatory compliance as

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