Revenue management is a relatively young discipline in the hotel industry. Hotels only started to broadly adopt revenue management processes and systems in the late 90s and early 2000s. While the discipline has achieved success and gained visibility over the last decade and a half, it is still relatively new
.@philsimon on the soft skills that Big Data requires.
As I continue to apply analytics to various aspects of Halloween, I turn my attention to planning my trick-or-treat route ... Random picture: Here's a shot of my friend Sara's trick-or-treat crew. With tiny legs, and huge loads of candy, having an efficient route is very important! :) I started by
SAS 9.4 M3, introduces a new procedure named PROC SQOOP. This procedure enables users to access an Apache Sqoop utility from a SAS session to transfer data between a database and HDFS. Using SAS PROC SQOOP lets you submit Sqoop commands from within your SAS application to your Hadoop cluster. PROC
The FREQ procedure in SAS supports computing exact p-values for many statistical tests. For small and mid-sized problems, the procedure runs very quickly. However, even though PROC FREQ uses efficient methods to avoid unnecessary computations, the computational time required by exact tests might be prohibitively expensive for certain tables. If
How can you grow a culture of innovation, scale your data, modernize your legacy BI strategy - and more? With "analytics in action," says Paul Bachteal, Senior Director of the Global Technology Practice at SAS. Bachteal recently presented to a standing room only crowd as part of the 2015 Texas A&M
As a longtime fan of the New York Mets and a longtime employee of SAS, I'm particularly excited about the start of the World Series. In 2014, the Mets and SAS formed a partnership to use SAS analytics to help the organization build stronger relationships with its fan base. While the vast majority of the credit
Last week I had the pleasure of attending (with six of my SAS colleagues) the IBF's Best Practices Forecasting Conference in Orlando. Some of the highlights: Charlie Chase and I were interviewed by Russell Goodman of SupplyChainBrain.com. The videos will be posted on SCB's website later this year. Meantime, enjoy
In my last post, I talked about why SAS utilizes a rotated Singular Value Decomposition (SVD) approach for topic generation, rather than using Latent Dirichlet Allocation (LDA). I noted that LDA has undergone a variety of improvements in the last seven years since SAS opted to use the SVD method. So, the
There's a sense of foreboding and uncertainty. You look around, but you're uncertain where to go next. What to do. Or who to turn to. Ultimately, it feels like an eerie calm before the storm. And you get that creepy feeling that something awful is just around the corner. I might be
When you work with big data, you often deal with both a large number of observations and a large number of features. When the number of features is large, they can be highly correlated, resulting in significant amount of redundancy in the data. Principal component analysis can be a very
SAS Grid Manager for Hadoop is a brand new product released with SAS 9.4M3 this summer. It gives you the ability to co-locate your SAS Grid jobs on your Hadoop data nodes to let you further leverage your investment in your Hadoop infrastructure. This is possible because SAS Grid Manager
Do you have fun being a computer geek, and programmatically creating holiday images? If so, then this blog's for you! In this example, I demonstrate how to take simple x/y coordinates, and create map polygons shaped like holiday images, that can be plotted using SAS/Graph's Proc GMap. Once you learn the
Did you know that the FREQ procedure in SAS can compute exact p-values for more than 20 statistical tests and statistics that are associated with contingency table? Mamma mia! That's a veritable smorgasbord of options! Some of the tests are specifically for one-way tables or 2 x 2 tables, but many apply
SAS experts, users and decision makers are taking over Las Vegas this week while attending Analytics 2015 and The Premier Business Leadership Series. Whether you are in Vegas or need to participate from afar, read on for help to stay in tuned and be a part of it all. Watch
The high cost of pricing myopia When launching a pharmaceutical product, it’s not enough to negotiate the best reimbursable price for each local market. Overall financial performance will depend on successfully managing go-to-market strategies at the global level. That means determining the optimal price and launch sequence for all the
Ok, so the title is a little provocative, but some people are dubious that data science training is even possible, because they believe data science entails skills one can learn only on the job and not in a classroom. I am not in that camp, although I do believe that data
When I was a kid, I always found it difficult to pick a Halloween costume. Now that I'm older, perhaps I can use computers & analytics to make my decision (and yours) easier! ... There are several different schools of thought on Halloween costumes - for example, some like to
“Field of dreams warehouse”– a historic phrase I used in the early days of data warehouse development. It describes the frenzy of activity that took place to create enterprise data infrastructure, before the business rationale for the data use was even understood. Those were the early days. In some ways
Higher education is a buyer’s market today, with the student being the buyer, according to Nick Hillman, director of the Higher Education Policy Institute. And don’t universities know it. Not only are they dealing with tuition fee caps, but they face mounting competition from other educational institutions. There are many UK
When I talk with more analytically savvy users of SAS® Text Miner or SAS® Contextual Analysis, I inevitably get asked questions about why SAS uses a completely different approach to topic generation than anybody else and why should they trust the approach SAS adopts? These are good questions. I first
I don’t know about you, but I'm asked every day where some type of data lives in our enterprise. I keep thinking that we have not done a good job of helping people learn to help themselves! A few things I have learned about corporate data assets are: The data
To kick off his presentation at MWSUG2015, SAS’ Chevell Parker flashed a picture of an old-school phone booth and asked the audience where he could find the nearest one. Met with several seconds of silence, he smiled. “Don’t all answer at once!” The point of his question was obvious: as
How does SAS integrate with Hadoop? That's a question we often hear from people new to SAS who want to learn more about using SAS with Hadoop. At Strata + Hadoop World earlier this month, we were able to not only talk to attendees to answer their questions -- we were able to show
The Rule of Three is a writing principle that suggests that things that come in threes are inherently funnier, more satisfying, or more effective than other numbers of things – Wikipedia. 3 Ps of success, Blind Mice, Little Pigs, Stooges, Musketeers, The Matrix, The Lord of the Rings, rings, pairs
Jim Harris explains why it's especially important to assess the quality of metadata when it comes to big data.
As of Visual Analytics 7.2, the home page is designed to serve as the entry point for not only Visual Analytics, but also additional SAS applications and solutions. To this end, the SAS Visual Analytics home page is documented in both the SAS Visual Analytics Administration Guide and the SAS Intelligence
Today’s society is all about doing things faster, smarter, better—including the food industry. While on the surface this may sound like a great idea (who wouldn’t want cooking to be faster, smarter, better?!), in reality the luxury of today’s convenient processed foods comes with a price tag: your health.
How do you simulate a contingency table that has a specified row and column sum? Last week I showed how to simulate a random 2 x 2 contingency table when the marginal frequencies are specified. This article generalizes to random r x c frequency tables (also called cross-tabulations) that have the same marginal row
In my first post of the analytics in real life blog series, we heard four higher education customers discuss using SAS and why they chose SAS. Today we will hear the following three customers share the positive impact of using SAS and analytics for their users and institution. Karl Konsdorf, Acting
