SAS/IIF Grant to Promote Research on Forecasting For the thirteenth year, the International Institute of Forecasters, in collaboration with SAS, is proud to announce financial support for research on how to improve forecasting methods and business forecasting practice. The award for the 2015-2016 year will be (2) $5,000 grants. The
Recently, I had an opportunity to participate in an analyst briefing around the Internet of Things (IoT). During the review, a chart was shown to summarize the status of IoT projects in the manufacturing sector. I wasn’t surprised by the varying degree of “completeness” of IoT projects across this industry, but
Hadoop has been called a game changer technology. Here’s why: - DATA IS DIFFERENT: We now have to deal with both structured and unstructured data. - NO LIMITS: We now deal with Terabyte or Petabyte data size and not just with old Megabyte. - COMPLEXITY: We work with complex multi-server
Who is your best customer? The answer to this question can vary dramatically depending on your industry. A retailer’s best customer is someone who comes back to their store over and over again. A gym owner’s best customer could be considered consumer who pays their monthly on time but never
People are such an important aspect of data analytics. I was reminded of this at the recent Strata+Hadoop World event, where I saw first hand that the UK is indeed facing the same skills gaps as elsewhere in the world. Perhaps that didn’t surprise me, but I also noticed the
What cities have the most and least profitable public transportation services in the US? Perhaps you can find out in this graphical visualization of the data! The US data I'm analyzing here covers things like buses, vans, and rail ... but it might be even more interesting to analyze data from
Determining the life cycle of event stream data requires us to first understand our business and how fast it changes. If event data is analyzed, it makes sense that the results of that analysis would feed another process. For example, a customer relationship management (CRM) system or campaign management system like
A feature of SAS/IML 13.2 (shipped with SAS 9.4m2, Aug 2014) is the ability to execute SAS/IML statements that are in a file. The feature is implemented by the new EXECUTEFILE subroutine. This feature is similar to the CALL EXECUTE statement. The difference is that the EXECUTEFILE subroutine reads, parses,
I remember when I first started in public child welfare 21 years ago and the word "outcomes" was introduced. At that time, we believed that if it felt good and children and families seemed happy that we were doing a good job - those were our outcomes. We were wrong.
Did you know that the education industry is heavily embracing data visualization to run their business? Just like any other industry, leaders in education need to understand their customers (i.e. students). They need to understand how the students are doing, how they're progressing and if intervention is needed to ensure
How do we hire data scientists at SAS, since we are not unique in our search for a rare talent type that continues to be in high demand? This post is the last in a series on finding data scientists, based on best practices at SAS and illustrated with some
Still think business intelligence (BI) and analytics are only for big companies? The truth is, small to medium size enterprises (SMEs) can benefit from BI and analytics in a big way. Digital disruption Thanks to innovative new developments SME’s (and small teams who haven't yet gotten IT’s attention) can now
As consumers, the quality of our day is all too often governed by the outcome of computed events. My recent online shopping experience was a great example of how computed events can transpire to make (or break) a relaxing event. We had ordered grocery delivery with a new service provider. Our existing provider
A recent study by Bai & Anderson has found that some hospitals charge 10x (ie, 1000%) higher than the standard rates set by Medicare. Many news agencies have posted the list of the 50 US hospitals that have the highest markup. But I am more visually oriented, so of course I used SAS
If you have not yet discovered the new Ask the Expert series on the SAS Training site, you are missing out on a treasure. Visit the site right now and review all of the available topics, from "Newbie" to Analytics to Visualization to good ol' SAS programming. Go on; I'll
"Daddy, help! Help me! Come quick!" I heard my daughter's screams from the upstairs bathroom and bounded up the stairs two at a time. Was she hurt? Bleeding? Was the toilet overflowing? When I arrived in the doorway, she pointed at the wall and at the floor. The wall was
How is it that some companies can come up with a big idea and implement that idea successfully in the market, while others never get past the idea phase? "In the case of innovation," says Jill Dyché, VP of SAS Best Practices, "big ideas aren't enough." It's also not enough
Recently my wife and I took our annual anniversary trip – this time we went to the Grand Canyon, staying in Las Vegas. In researching our options to fly from Raleigh-Durham (RDU) to Las Vegas (LAS), we had several different selection criteria: what time we wanted to leave what time
For health and life sciences organizations, discussions about big data include gaining value from that data in the form of real-world evidence. Consider for a moment the amount of healthcare data that exists today thanks to the adoption of electronic health records. Then think about the future with data from
Summer temps are here and that’s fine by me! (I REALLY don’t like winter!!) And, now that it’s warm outside it’s time to catch up on fresh air, sunshine and balmy breezes. No more winter-imposed, nature deprivation! Playing hard in warm weather requires good fuel, powerful nutrition and, of course,
Equations that involve trigonometric functions can have infinitely many solutions. For example, the solution to the equation tan(θ)=1 is θ = π/4 + kπ, where k is any integer. In order to obtain a unique solution to the equation, we define the "arc" functions: inverse trigonometric functions that return a
Have you ever been bitten by a mosquito? What are the odds it carried the West Nile virus? ... Perhaps a lot higher than you thought! Here's a picture of a mosquito that kept 'bugging' me around my computer desk at home - good riddance, I say!
Bill Benjamin’s bestseller, Exchanging Data between SAS and Microsoft Excel: Tips and Techniques to Transfer and Manage Data More Efficiently, was pipped at the post as he narrowly missed the top spot to Implementing CDISC Using SAS: An End-to-End Guide, at last month’s PharmaSUG 2015 meeting in Orlando -- by one
Operations technology (OT), such as control systems, are crucial elements in our daily lives. They make the stoplights function at intersections. They guide robots with precise movements on the shop floor. Their switches and routers are the backbone of our internet. But what if they were even more intelligent? What
I believe most people become overwhelmed when considering the data that can be created during event processing. Number one, it is A LOT of data – and number two, the data needs real-time analysis. For the past few years, most of us have been analyzing data after we collected it,
The SGPLOT procedures includes features to add annotations to your graph in many different ways. Annotations provide you a flexible way to add features to your graph that are not available through the standard plot statements. Recently, I saw this graph on the web that caught my attention. Clearly, this looks like
When reading a text file (common extensions: TXT, DAT; or, for the adventurous: HTML) with the DATA STEP, you should always view several lines from the text file, and compare to the record layout, before completing the INPUT statement. There are many ways to view a text file. I use
I still remember the first time I was asked to "consult" on a statistical problem. A former physics professor had some students who had gathered data that should lie along an arc of a theoretical circle. The professor asked if there was a regression technique that could find the center
I am noticing a trend. At the ASSA meetings in January (where economics, sociology and finance academics and practitioners gather to discuss their research) I was surprised to see how much “machine learning” was trending with economists. The session “Machine Learning Methods in Economics and Econometrics,” with papers by Susan
➤ DISCLOSURE! In June 2018 Google introduced changes to the way it handles its Maps platform. They now require API key in order to embed a map, plus Google Maps "projects" must now be associated with a billing account. Unless these new Google rules are met, Google maps described in
