That there is a growing shortage of analytical talent in most of the economies of the world is clear. In a May 2011 report, the McKinsey Global Institute put some numbers on the demand: “By 2018, the United States alone could face a shortage of 140,000 to 190,000 people with
I've recently had the chance to work with Olivia Parr-Rud, an internationally recognized expert and thought leader in predictive analytics and innovative leadership. Her pioneering techniques in predictive modeling led to the writing of her first book, Data Mining Cookbook, Modeling for Acquisition, Risk and Customer Relationship Management (Wiley 2001). Olivia's passion
The tools for analytics are getting more sophisticated as data becomes more voluminous, says Jim Sterne, President of Target Marketing, in the video below. The real magic still comes from human ingenuity, explains Sterne, but it helps to give analysts the tools they need to make that magic happen. Hear
You might have already heard the big news this week: SAS reported record revenues and SAS was ranked #3 on FORTUNE's annual list of Best Companies to Work For. If you're following along on Twitter, you'll have noticed that we've been spreading the word with the hashtag #ilovesas. Please feel free
At the NRF BIG Show, I had the opportunity to sit down with Chuck Albrecht, President and COO, Northern Tool and Equipment Company to ask him the best advice he’s ever been given (more on that later), his thoughts on the craziest innovations he saw at the show, and Northern
Happy New Year! Wishing everyone a prosperous and joyful 2012! The joyful festive atmosphere continues to pervade most Chinese families in Asia in the coming week, as we will be celebrating Lunar New Year (Spring Festival) on Jan 23rd . This date is determined by the lunisolar Chinese calendar. Alongside
Think about what it’s like to learn to ride a bicycle, or play the piano, or hit a fast ball, or to coach a group of middle schoolers to do the same. If asked to explain how you stay balanced on a bicycle, you probably couldn’t do it. If you
A standing room only crowd gathered at the NRF BIG Show on Monday afternoon in New York to hear Winn-Dixie VP Chris Vukich share how this $7 billion regional grocer has achieved a successful pricing strategy that allows them to: See the impact of each price change. Create what-if scenarios. Model
At the NRF BIG Show in NYC this week, one of the hottest topics is what retailers can do with high-performance analytics. One major retailer has been able to determine optimal prices for as many as 270 million items each week, from 30 to two hours, run advanced markdown optimization
What brings more than 20,000 retailers to NYC in mid-January? I can promise you, it’s not the balmy 15 degree temperatures -- it’s the 101st NRF BIG SHOW, where SAS is a platinum sponsor. This is my first year attending this event – and it’s a bit overwhelming, so here’s a
