Organizations have massive amounts of data at their disposal, yet they often fail to utilize it in any meaningful way. But analytics is enabling many firms to aggressively use their data in key business processes with impressive results. You have more information at hand about your business than ever before,
Jim Davis, SAS CMO’s keynote address at the Premier Business Leadership Series this morning was about anticipating and managing change, including these six questions all organizations need to ask: Where should we leverage business analytics? Any part of a business can benefit, but the payoff is greatest where you are
Banks and bankers took a beating as a result of the recent financial crisis and recession. That beating wasn’t reserved for large Manhattan banks. Smaller community banks and regionals were painted with the same brush as the one used for those who nearly broke our global financial system – customers
And speaking of Chris Brogan, Chris writes a daily blog about, well (among other things), daily blogging. As a new media consultant and author on the topic, he practices what he preaches when it comes to understanding and exploiting the tools at hand. If he's going to tell you to
Monster.com was the pioneer in the online recruitment industry. To maintain its competitive advantage more than a decade later, the company has taken the data-driven road using research, business intelligence and predictive analytics. Jean-Paul Isson, Vice President of Global BI and Predictive Analytics at Monster Worldwide spoke today about how
At the Premier Business Leadership Series today, Paul Arsego of Northeast Utilities offered up these ten steps to advancing business analytics adoption – to a packed house of attendees. Given the standing room only for his presentation – and the attendance at this conference -- it seems that people are
Are you up to date on your hotfixes for SAS Enterprise Guide 4.1? If you're not certain of the answer, you'll find out next week when you might see this message appear: This version of SAS Enterprise Guide will expire on December 1st, 2010. If you've applied any SAS Enterprise
The SAS/IML language provides the QUAD function for evaluating one-dimensional integrals. You can also use the QUAD function to compute a double integral as an iterated integral. A One-Dimensional Integration Suppose you want to evaluate the following integral: To evaluate this integral in the SAS/IML language: Define a function module
I recommend the book Business Analytics for Managers: Taking Business Intelligence Beyond Reporting for managers who want a strategic view on what it takes to create ongoing value from data. To tap into more of the strategic thinking in this book, I asked authors Gert Laursen and Jesper Thorlund a
With the advent of social media, there has been a lot of chatter about its usefulness as well as many raised eyebrows regarding its benefits. A lot of people are still left wondering, how and why social media is even important and relevant to what they do. Most people who
~Contributed by Sara Jones~ It’s October and there’s a chill in the air. In North Carolina that means State Fair time. Now, for those who are not from the U.S., or for those who are, but don’t live in “the South” -- you may not know what this means. Think
Chris Brogan. Charlene Li. David Meerman Scott. All on one panel. Streaming live from Vegas Thursday Oct 28 at 11:15 PST. Read the panel summary, From Engagement to Results, and add it to your calendar too. For a short teaser, here's Chris talking to SAS Marketing Director Deb Orton last
As mentioned in a previous post, SAS was again a sponsor of the Masters of Marketing Conference, the annual executive conference held by the Association of National Advertisers (“ANA”). I had the pleasure to attend the sessions of this extraordinary event, which brings together the marketing leadership teams of the
We've just pushed out the localized versions of the Getting Started with SAS Enterprise Guide 4.3 tutorial. This is the tutorial that you'll see when you select Help->Getting Started Tutorial from within SAS Enterprise Guide. Here is a list of the supported languages, and links to the tutorial content: English
I was recently asked how to create a tridiagonal matrix in SAS/IML software. For example, how can you easily specify the following symmetric tridiagonal matrix without typing all of the zeros? proc iml; m = {1 6 0 0 0, 6 2 7 0 0, 0 7 3 8 0,
The question came up on the SAS Enterprise Guide discussion forum: which do you prefer, List Report Wizard (PROC REPORT) or Summary Tables (PROC TABULATE)? And as with most SAS-related questions, the proper response is: "it depends." If you put these two PROCs in the ring with a Google Fight,
Facebook now uses technology to help detect instances of cyberbullying before it gets out of hand. I heard this report on CNN last week, and the Facebook spokesman described their detection techniques as "background technology that I can't really talk about." We don't know for certain what techniques Facebook employs
With so much focus on new media, social media, blogs and communities at Blogworld in Vegas last week, it was refreshing to hear the panelists on the “PR in a 2.0 World” panel admit that some things haven’t changed. In fact, they said a lot of the strategies that worked
In a previous post, I discussed how to use the LOC function to eliminate loops over observations. Dale McLerran chimed in to remind me that another way to improve efficiency is to use subscript reduction operators. I ended my previous post by issuing a challenge: can you write an efficient
It's like I was saying earlier: when used for good, statistics can inform your sound decisions and opinions. But stats can be used to mislead, as well. LifeHacker.com offers some basic guidance on this subject. And what if you already have the numbers you want to share, but you want
In honor of the United Nations World Statistics Day (October 20, 2010), let’s not leave finance out of the party. In fact, let’s continue with our focus from last time on the analytical and decision support payback afforded by Activity-based costing, perhaps the most underappreciated finance tool for adding value
I am not a statistician, but I love statistics. Statistics are facts, and when used for good, they are an important ingredient in sound decision making about almost any issue, whether it's about government policy or your personal behavior. The use of statistics has gone way beyond counting things, computing
Today is World Statistics Day, an event set up to "highlight the role of official statistics and the many achievements of the national statistical system." I want to commemorate World Statistics Day by celebrating the role of the US government in data collection and dissemination. Data analysis begins with data.
Perhaps the toughest time in anyone's life is when you have to put away a loved one because they've been possessed by the devil. Other than that, though, I've had a good week*. And my week turns even better today, as we all join hands to celebrate World Statistics Day.
If I say “Brazil,” what do you think of? The Girl from Ipanema? Pelé and 5 World Cup championships? Coffee? Sultry supermodels? How about statistics? Probably not, but that’s okay (I hope to change that). We Brazilians actually don’t mind being associated with fun, relaxation and other positive things. And
The IMLPlus language has been available to SAS customers since 2002, but there are still many people who have never heard of it. What is IMLPlus? The documentation SAS/IML Studio for SAS/STAT Users says this about IMLPlus: The programming language in SAS/IML Studio, which is called IMLPlus, is an enhanced
At SAS, when we talk to customers about successful business analytics implementations, we hear a lot about the importance of executive sponsorship, aligning with business goals and continuing to build on your success by tracking and celebrating the successful milestones in your analytics projects. It's no surprise, really, that social
Have you ever been stuck while trying to solve a scrambled-word puzzle? You stare and stare at the letters, but no word reveals itself? You are stumped. Stymied. I hope you didn't get stumped on the word puzzle I posted as an anniversary present for my wife. She breezed through
Anne Milley: Congratulations on the success of the now two-year-old and growing Predictive Analytics World (PAW) conferences! What's the best way to learn about the conference? Eric Siegel: Thanks! Well, there are overviews of Predictive Analytics World DC (Oct 19-20) and Predictive Analytics World London (Nov 15-16), but in fact
A few people asked me to explain the significance of the cartoon in the scrambled-word puzzle that I posted as an anniversary present for my wife. The cartoon refers to a famous experiment devised by Sir Ronald A. Fisher.
