Jack Valenti, longtime president and CEO of the Motion Picture Association of America, once said “No one, absolutely no one, can tell you what a movie is going to do in the marketplace… Not until that film opens in a darkened theater, and sparks fly up between the screen and
Starting in 2007, according to IDC, the amount of data captured and replicated worldwide outgrew our total available storage capacity. Total data captured that year equaled 281 exabytes and storage capacity equaled 264 exabytes. These numbers - and that gap - have been growing exponentially ever since. And that's just one
For the past year, I’ve had the pleasure of serving on the communications team of the National Collaborative for Bio-Preparedness (NCB-P), of which SAS is a partner and the analytics provider. That experience was heavy on my mind as I recently watched the film Contagion. I may drop some minor
Our SAS bloggers have been writing so many good posts lately that they just fly off the home page within a couple of days. As a courtesy to those of you who don't visit the blogs home page every day, I'm planning to do these semi-regular wrap-ups that point out
I attended the Predictive Analytics World conference in NYC this week and found Kaggle, a platform that hosts data prediction competitions, fascinating. It accepts the broadest range of data mining, forecasting and bioinformatics problems and conducts worldwide competitions that invite not only true data scientists but also electrical engineers, statisticians,
Since I started getting more involved in process improvement, I’ve started to look differently at how we work and interact with each other, information, knowledge and technologies. In analytics, I typically see processes represented in two ways: From a systems perspective and from a functional perspective. The problem with the
With the current interest in business analytics to help drive decision making, there is considerable discussion about the balance of intuition—good old “gut feel”—and analytics or what I like to call “analytics equilibrium.” This was a topic of discussion at the SAS Power Series held October 11 in New York.
One of the most widely attended sessions at the BAI Retail Delivery conference was a Q&A hosted by John Colas, Partner at Oliver Wyman. Colas was interviewing David Silberman, the Assistant Director, Deposit and Payment Markets Consumer Financial at the Consumer Financial Protection Bureau (CFPB). As you can imagine, there
Maintaining the relationship with a customer can be a costly exercise, and not all customers provide the same value to an organization. There are some customers who buy little and the value of their purchase is low - and this is unlikely to change regardless of the type of stimuli.
Reflecting on my 25 years as a data analyst, I’ve always felt that there is something more to being a good applied statistician than just applying what I had learned from school. What are those key skills that make a good field statistician? Before analytics came into play, when presented with
