In a recent Datamation article, "Business Intelligence Software and Predictive Analytics," Jeff Vance asks, "What exactly is predictive analytics?" His answer, in part: "Take traditional business intelligence, combine it with data mining and add on statistical analysis and you have predictive analytics. Math geeks will squabble over the nuances, say,
I attended journalism graduate school and graduated in May 2007. I tell you the date, because it was a blink ago. While there, graduate students researched ways to save our dying newspaper industry. One model being tested was convergence: Broadcast stations and newspapers could align to reduce costs and improve
I had the benefit of spending a day with sustainability experts Dennis Quaintance, Alex Susskind and Alyssa Farrell on Friday, March 12th. This was a tremendous learning experience for me. Of all the topics we are covering in this webcast series for the hospitality industry, sustainability is the one I
The NCAA Division I men's basketball tournament is big business and March Madness is exciting, but is the selection process fair? Using the SAS Analytics-powered "Dance Card" formula developed by Jay Coleman of the University of North Florida, Mike DuMond of Charles River Associates, and Allen Lynch of Mercer University,
Twenty-four sessions, twenty-four speakers, twenty-four different topics over just two days, and I didn’t just sit through the convention as a participant, no, I moderated the entire two day event as its Chairman. The Financial Forecasting and Planning Summit, organized by the IE Group, and held at the DoubleTree Mission
Using analytics to properly interpret the ocean of information that exists within organizations is the key to avoid drowning in the data tsunami. “That’s the message SAS Senior Vice President and Chief Technology Officer Keith Collins delivered in a recent address to a group of computer science students at North
Attending the Predictive Analytics World (PAW) Conference is truly a rewarding experience. Compliments go to Eric Siegel and the conference organizers for assembling such an interesting cast of case studies and speakers. Day 2 kicked off with a key note from Kim Larsen from Charles Schwab & Co. on net
The last time I mentioned Accenture on this blog, I linked to their recent survey results, which show that companies are recognizing the value of predictive analytics – and are planning for it. What does that mean for business analytics vendors? In a lot of ways, it means business leaders
I am attending the 2010 Predictive Analytics World event in San Francisco. Parallel to an overwhelming interest and awareness in analytics in general, the conference has been sold out. Day 0 (Feb. 14th) kicked off with a pre-conference workshop featuring SAS Enterprise Miner with Dean Abbott. 24 attendees showed up
Friday’s webcast on “Preparing for the Recovery”from Cornell Center for Hospitality Research and SAS was somewhat of a wake-up call for me. It made me realize that our industry, hospitality and gaming, will not just magically sail into the recovery. (OK, to be fair, I certainly suspected this, but I
