Utilities can save as much as $10 million a year for every one percent improvement in forecast accuracy by optimizing asset utilization and trading strategies. Changing energy markets and an influx of data from the smart grid are providing more opportunities to reap value from energy forecasting. Improving energy forecasts
In a world that never stands still, especially in the post-Brexit whirlwind the UK will soon be entering, it’s imperative that government is agile and responsive. More importantly, how can this capability be arrived at without breaking the bank? The UK Government recently released its Transformation Strategy 2017 to 2020.
Innovation used to happen in structured cycles. The new invention was often a planned event and the domain of a select few departments within an organisation. But in today's always-on economy enterprises need to innovate on a continuous basis to keep up with new players that base their entire businesses
Citizens served by the government are increasingly the same digital savvy consumers that market disruptors in banking, retail and utilities are attracting with sophisticated, data-driven online experiences. It’s a mutually beneficial arrangement; consumers get to buy services in ways that suit them while businesses get the efficiencies they want, wrestling
Thanks to 100 dedicated volunteers who spent their entire weekend digging into data at North Carolina’s first-ever DataDive: The Anti-Defamation League was able to cite the new approaches it was taking to analyzing hate crime data when its CEO testified before the US Senate in early May. Counter Tools, a
Around the world, animals continue to be added to the endangered species list. Thankfully, there are organizations like WildTrack, a nonprofit organization using non-invasive techniques to monitor endangered species. With the help of SAS® technology, WildTrack can use its collection of data to preserve endangered species and improve conservation efforts.
In a recent Computerworld feature, Deanna Wise, Executive Vice President and CIO of Dignity Health, encouraged forward-thinking CIOs to develop partnerships within their organizations to drive better customer experiences that translate into revenue. Wise has a strong record of doing just that, collaborating with SAS to implement advanced analytics throughout
Are you caught up in the machine learning forecasting frenzy? Is it reality or more hype? There's been a lot of hype about using machine learning for forecasting. And rightfully so, given the advancements in data collection, storage, and processing along with technology improvements, such as super computers and more powerful
Deep learning made the headlines when the UK’s AlphaGo team beat Lee Sedol, holder of 18 international titles, in the Go board game. Go is more complex than other games, such as Chess, where machines have previously crushed famous players. The number of potential moves explodes exponentially so it wasn’t
Artificial intelligence. Big data. Cognitive computing. These buzzwords are the ABCs of today’s marketplace. In a recent interview at SAS® Global Forum, I discussed the unprecedented pace of change that we’re seeing in the market. It’s creating what I like to call an analytics economy. In this economy, analytics –
