Harnessing analytics in the fight against fraud
Analytics makes it possible to uncover complex or organized fraud that rules-based systems would miss.
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Non il solito articolo sul Risk Management. L'importanza delle soft skill
Il Risk Management è un tema centrale nel settore finanziario e se questo fosse uno dei soliti articoli dedicati al Risk Management, allora adesso dovremmo parlare della crisi del 2008, di come le autorità bancarie abbiano reagito, di quali rischi debbano essere gestiti in modo efficace, e così via. Questo,
Print SAS/IML variables with formats
A SAS/IML programmer asked about the best way to print multiple SAS/IML variables when each variable needs a different format. He wanted the output to resemble the "Parameter Estimates" table that is produced by PROC REG and other SAS/STAT procedures. This article shows four ways to print SAS/IML vectors in
Tired of customer surveys? Telia knows better!
And as survey fatigue kicks in, challenges in customer satisfaction and NPS scoring abound: will data be still representative or will it become increasingly biased?
Past, present and future ... it's always been about data management
Data management has never been the shiny object that caught the imagination of the mainstream. And let’s be honest, it's not nearly as interesting as analytics, machine learning or artificial intelligence. In fact, entire movies get created about analytics, and people actually pay to see them! Data management? Not so
Predict a random integer: The tradeoff between bias and variance
Books about statistics and machine learning often discuss the tradeoff between bias and variance for an estimator. These discussions are often motivated by a sophisticated predictive model such as a regression or a decision tree. But the basic idea can be seen in much simpler situations. This article presents a
The difficult step in effecting forecasting process change (2 of 2)
Fildes and Goodwin (F&G) observed the subject (the regional subsidiary of a pharmaceutical company) was using a statistical forecasting system, but not fully trusting its output. Forecasters were making overrides to the system generated forecast to make it look like what they believed it should (e.g., following a life-cycle curve
Tracking the Coronavirus Disease 2019 (COVID-19) in the United States
Everyone's thinking about the Coronavirus Disease 2019 (COVID-19), and wondering if there are any cases near where they live. I recently used SAS Software to create a dashboard with a world map showing which countries had reported cases. And now that the virus has spread around the world, a world/country-level
IA potencia el avance de la Gestión de Riesgo hacia la Resiliencia y Optimización de la Rentabilidad del Negocio
Todos los negocios enfrentan desafíos de muy diferentes índoles, pero cuando nos referimos a aquellos que basan parte significativa de sus ingresos en el crédito - como los sectores financiero, telecomunicaciones y departamental o minorista-, éstos son los primeros en enfocar su atención y esfuerzo en alternativas creativas y hasta
Werdendes Land - AI#11
Mit der Firma Sixt fing alles an. 2008 haben SMILE.AI eine Customer Experience Plattform für den Autoverleiher entwickelt.
How to become an analytics-powered company
Transforming into an analytics-powered company is the ambitious goal of many of today’s organisations. The key to success relies not only on the adoption of advanced technologies but mostly on people who are able to connect artificial intelligence to the business processes, taking advantage of algorithms, insights and automation. Among
SAS, 7년 연속 ‘데이터 사이언스 및 머신러닝 플랫폼’ 부문 리더 선정
SAS가 최근 글로벌 시장조사기관 가트너에서 발표한 ‘2020 가트너 매직 쿼드런트: 데이터 사이언스 및 머신러닝 플랫폼(2020 Gartner Magic Quadrant for Data Science and Machine Learning Platforms)’ 보고서에서 비전 완성도 및 실행력을 인정받아 리더로 선정됐습니다. SAS는 해당 부문에서 유일하게 7년 연속 리더로 선정됐는데요! 작년 대비 괄목할 만한 성장을 보이며 최상위 리더 제품으로
5 most popular reasons to love analytics value training
As AVT expands into domain specific topics, the shape of the programme will evolve. I am looking forward to seeing what the next cohort of participants will choose to love about AVT.
Polygons, pi, and linear approximations
Recently, I saw a graphic on Twitter by @neilrkaye that showed the rapid convergence of a regular polygon to a circle as you increase the number of sides for the polygon. The author remarked that polygons that have 40 or more sides "all look like circles to me." That is,
Using data visualization to track the coronavirus outbreak
In the early days and weeks of any widespread global health concern, particularly in a fast-moving outbreak like the coronavirus, there are many unknowns. Data visualization can be a good starting point to understand trends and piece data points together into a meaningful story. The ability to visualize the spread
Supporting a good life
Almost five years ago I took a big leap and changed jobs. After interning and then four years working as a hospice social worker, I was ready for something different. My heart was and will always be with hospice work, but I wanted to learn something new. When you work
ROC curves for a binormal sample
In a previous article, I discussed the binormal model for a binary classification problem. This model assumes a set of scores that are normally distributed for each population, and the mean of the scores for the Negative population is less than the mean of scores for the Positive population. I
Women ROCK in analytics!
I caught up with Jaimy van Dijk, one of our youngest female SAS Data Scientists who has proven herself to be a true Rockstar.
Why are fewer women getting computer science degrees?
While I am a woman in computer science, let me start by saying that I’m a reluctant coder. I have an eye for data but find the abstract nature of many computer languages to be very challenging and not something I typically love. My first experience with coding was in
The difficult step in effecting forecasting process change (1 of 2)
Two weeks ago we looked at the first two steps in effecting forecasting process change: Justify your suspicions with data Communicate your findings That was the easy part. So why is it that so many organization realize they have a forecasting problem, yet are unable to do anything about it?
Digitale transformatie in het publieke domein - een kwestie van ervaring
Voor een succesvolle digitale transformatie is een innovatiecultuur noodzakelijk. Hoe realiseer je dit in de publieke sector?
Resolving the tension between fraud prevention and customer experience
Companies face a stark choice between optimising customer experience and minimising fraud. But what if they could do both?
50 years of strong, intelligent women
Fifty years ago, as the women’s liberation movement was gaining momentum in the U.S., my maternal great-grandmother, Pearl, worked in a factory sewing American flags while volunteering with the Girl Scouts and caring for her grandchildren. My paternal grandmother, Greta, also worked in local factories while caring for her family.
Breast milk, babies, NCSU students and SAS/OR
I'm a planner, and my plan was to have a completely natural birth and to breast feed only. This plan was written in stone (or so I thought). Long story short – my birthing plan flew out the window. One of my complications was very high blood pressure, which refused
Create an ASTORE Using SAS Enterprise Miner
Did you know that you can use SAS Enterprise Miner 15.1 to easily create an ASTORE? You can create an ASTORE from an HP SVM node, an HP FOREST node, and also from some SAS Viya Code Nodes! This blog will show you how.
Store pre-computed matrices in a list
Suppose that a data set contains a set of parameter values. For each row of parameters, you need to perform some computation. A recent discussion on the SAS Support Communities mentions an important point: if there are duplicate rows in the data, a program might repeat the same computation several
Moments of True Music - AI #10
Musik neu labeln mit KI: "Und irgendwann stand vor uns ein Gewinn von 10.000 Euro. Wir wussten nicht, was wir damit machen sollten.“
Why analytic interoperability matters in health care
Let’s face it. Data sharing between platforms in health care just isn’t easy. Patient data privacy concerns, incompatible file formats, asynchronous identifiers … I’ve heard it all. From the electronic health record (EHR), picture archiving and communication systems (PACS) to discrete processes like pharmacy or departmental information systems, achieving some
Is fraud prevention converging with regulatory compliance?
Banking and Financial, this industry has been on the edge investing in anti-fraud technology, anti-money laundering technology, anti-cybercrime technology.
Create a deviation plot to visualize values relative to a baseline
A colleague recently posted an article about how to use SAS Visual Analytics to create a circular graph that displays a year's worth of temperature data. Specifically, the graph shows the air temperature for each day in a year relative to some baseline temperature, such as 65F (18C). Days warmer