I recently talked with the director of analytic operations at a large office supply retailer who explained that his group is often approached with broad questions that they investigate historically and descriptively to help figure out where to go next. The broad questions often lead the retailer to learn things
Just in case you missed my earlier post about cloud fragility, we have this from the New York Times on October 22, 2012:
I recently had the good fortune to travel to Phoenix, AZ, for the Inc. 500|5000 Conference & Awards, the must-attend event for the nation’s leading entrepreneurs. It is just that. Talk about inspiring! In attendance were some of the most amazing people I have ever encountered -- folks who are
During a recent presentation on performance management I had an audience member ask me if perhaps I had minored in cynicism along with my degree in finance. I replied that, with the science, psychology and philosophy I’d taken, I probably had minored in skepticism, but that the cynicism came later,
I asked a Nuclear Engineering Professor friend of mine, after the Fukushima power plant disaster of March 2011, whether that incident would have a positive or a negative impact on his industry. His response was that it would have a short-term positive impact as a result of publicity generating a
SAS provides solutions that have analytics integrated into reports that deliver insight into what will happen in the future, not just report on what has happened in the past. Who wouldn't love that? However, what makes the SAS programming environment so useful to end users is how efficient and effective
Or... do you need to sell a kidney to improve your test scores? Recently I spent several days working with a group of instructional technology facilitators in North Carolina. Taking a break after the first morning session, the participants could not wait to share a SchoolTube video about differentiated instruction.
The annual Predictive Analytics World Government 2012 conference (PAW-G), in only its second year, drew 470 attendees, more than double the year before! PAW-G is not just another conference where vendors outnumber the government attendees. Government speakers from 18 government agencies participated this year as featured speakers and panelists and talked
When SAS CEO Jim Goodnight talks about the development of SAS High-Performance Analytics, he always starts with the customer. After all, it was banking customer UOB in Singapore that first approached Goodnight three years ago about reducing the time it took to calculate risk factors on the bank's full portfolio.
What's the difference between data mining, forecasting and optimization? When should you use each technique, and how do they interact? Jeremy TerBush, Vice President of Global Analytics, Wyndham Exchange and Rentals explains that he uses all techniques together in an overall predictive process. "Data mining is first step in the system,"
