Discuss with Danilo McGarry (Member of the EU AI Alliance), Jacques Ludik (Author of Democratizing Artificial Intelligence to Benefit Everyone), Thomas Keil (SAS)
I’ve written before about how the COVID-19 crisis has forced UK government departments to accelerate their digital transformation, and proved that it’s possible to put policy into practice in weeks, rather than months or years. Amidst the dark cloud of the pandemic, it’s important to acknowledge silver linings where we
After my recent articles on simulating data by using copulas, many readers commented about the power of copulas. Yes, they are powerful, and the geometry of copulas is beautiful. However, it is important to be aware of the limitations of copulas. This article creates a bizarre example of bivariate data,
We need, in other words, to democratise analytics in the true sense of the word, by making them accessible to everyone.
In 2012, Data Scientist was dubbed the sexiest job of the 21st century by Harvard Business Review and it is one of the most in-high demand jobs in the world. Data has become a key part of every organization as technology flourishes. As the world become increasingly digitized, businesses are
I am a long-time SAS 9 Administrator, I feel very confident in my understanding of SAS 9 administration. I will admit I don’t know everything, but I have been administering SAS since the days of SAS 9.1.3. I often tell my students I am a general practitioner when it comes
Vivemos num mundo cada vez mais digital e trabalhamos, igualmente, em organizações cada vez mais digitais. Isto traduz-se em inúmeras mais-valias que culminam em processos mais rápidos, eficazes e assertivos (e que facilitam efetivamente o dia-a-dia dos colaboradores), mas a verdade é que também coloca as organizações num grau de
There is a growing group of customers who want to use digital channels. They are also prepared to give businesses more information.
Who's to say that 'north' should always be at the top of a map? Perhaps in certain situations, you might want 'south' (or some other direction) to be at the top. Perhaps you're one of our crazy Australian customers who looks at the world a little differently. Well, whatever the
If you’ve ever traveled, you know the excitement of getting to explore a whole new place. After a year of quarantine, people are desperate for that feeling again. As Covid-19 restrictions lift, travel companies need to be prepared for the substantial amount of customer data that will become available. With
If you can’t go more than a few days (or maybe even a few hours) without hearing the words “There’s nothing to eat” or “What else is there to eat?” chances are you live with a teenager. Between their increased energy needs during growth spurts and variations in day-to-day schedules,
In a previous article, I discussed various ways to solve a least-square linear regression model. I discussed the SWEEP operator (used by many SAS regression routines), the LU-based methods (SOLVE and INV in SAS/IML), and the QR decomposition (CALL QR in SAS/IML). Each method computes the estimates for the regression
Following is Editor Len Tashman's preview of the new issue of Foresight: The International Journal of Applied Forecasting. Preview of Foresight #62 (2021:Q3) This 62nd issue of Foresight has been heavily “infected” by the COVID pandemic. Stephan Kolassa’s book review of Resurrecting Retail by Doug Stephens raises the question of whether the
Understanding the problem Working with character data of different encodings across different systems can occasionally result in failures to translate or transcode that data from its source format to a destination format. When using a SAS/ACCESS LIBNAME engine to query DBMS data, this scenario can end up causing errors when
In computational statistics, there are often several ways to solve the same problem. For example, there are many ways to solve for the least-squares solution of a linear regression model. A SAS programmer recently mentioned that some open-source software uses the QR algorithm to solve least-squares regression problems and asked
How do I stack up in terms of digital maturity against my manufacturing peers? This is a question that I have been asked many times. The fear of missing out creates unbearable pain. Trade wars and the COVID-19 pandemic exposed some of the manufacturing wounds: tight margins, supply chain risks,
I hope you're all doing well, in this year of plagues and locusts! I'm sure I don't even need to mention which plague I'm talking about. But what about the locusts? Are you up on your entomological studies? Follow along, and see if you really know what locusts are... Locusts
One of the lesser-known effects of COVID-19 has been on analytical risk models. Around the world, the pandemic has created a new reality. The situation became so unpredictable that financial institutions’ risk models lost their ability to make accurate predictions. Past performance, it turned out, was very definitely not a
Foot pain, no matter what you like to do for exercise, is a super bummer and, when you head to a medical professional to get it checked out, the answer is often the dreaded "stop exercising." Foot pain can often be prevented with regular “maintenance”. Always warm up and cool
In general, it is hard to simulate multivariate data that has a specified correlation structure. Copulas make that task easier for continuous distributions. A previous article presented the geometry behind a copula and explained copulas in an intuitive way. Although I strongly believe that statistical practitioners should be familiar with
This is the second post in a series covering parallel processing in SAS Viya. The first post served as an introduction to parallel processing. It covered parallel processing uses in data science and the SAS Viya products that facilitate it. There are countless opportunities for using parallel processing within data
Our key workers deserve more than just a round of applause — so why do we still expect the people who have the least to pay the most for banking services? To most people, social justice and the banking sector probably seem like strange bedfellows. Over the past couple of
Having the ability to know what the best decision is in any given scenario sounds like a superpower. What may surprise you is that this “superpower” already exists. SAS calls it intelligent decisioning. Decisioning is a powerful tool in the business world. It is useful to both the company and
SAS' Leonid Batkhan reveals how to use versatile iterative DO loops with index variable pertaining to SAS DATA steps.
Assisto Consulting is a management consulting firm delivering analytical and operational solutions for banks and multiple other sectors with a strong focus on financial technology and delivering its tailor-made business solutions. Its partners are all experienced banking professionals with skills in risk management, finance, business development, and marketing, and of
To successfully adapt and reinvent business decisions amid the uncertainty of the past year, organizations have leaned on support from their partner ecosystems. Together, SAS and its SAS Partner community have collaborated to find new answers to customers' toughest challenges and to drive innovation and digital transformation. In honor of this,
Hippocrates once said, “Let food be thy medicine.” For food vendors, this advice could be communicated another way: Stock more fresh fruit, protein and vegetables. The periphery of the grocery store has led in the expansion of revenues – namely within produce, but also spanning seafood, bakery products and ready-to-eat
How do you manage your energy and productivity throughout your day? Wanna know my secret? I take movement breaks often and eat lunch! According to the Center for Disease Control, more than 156 million full-time workers in the United States spend at least one-third of their day at the workplace.
A recent article about how to estimate a two-dimensional distribution function in SAS inspired me to think about a related computation: a 2-D cumulative sum. Suppose you have numbers in a matrix, X. A 2-D cumulative sum is a second matrix, C, such that the C[p,q] gives the sum of
“We live in disruptive times… where the only constant is a change” – this statement seems very accurate to the situation we face today. The funny thing is that this is a quote from an ancient philosopher Heraclitus of Efez, who had said it almost 2500 years ago! The “new
