Sustainability is an idea whose time has come. Individuals, organizations and governments are increasingly recognizing that it doesn’t make sense to compromise the future to meet the needs of the present. To that end, the UN recently replaced the Millennium Development Goals (MDGs) with the Sustainable Development Goals (SDGs). It’s
While discussing ways and means to improve Sales and Operations Planning (S&OP) and forecasting, many a time business executives ask “What can we do with social media?" This was definitely NOT a usual topic in S&OP forum just a few years back! Most of the time, I push back the
Machine learning is moving into the mainstream. Once the sole purview of academic researchers and advanced technology firms, machine learning is now being is used by many companies in more traditional industry verticals. Machine learning uses mathematical (not necessarily statistical) models to learn about data. In this context, learning about
As technology and analytics continue to evolve, we're seeing new opportunities not only in the way that we analyze data, but also in deployment options. More specifically, real-time deployment of analytical algorithms that enable organizations to detect and respond to security threats, offer timely incentives to customers, and mitigate risk by detecting compliance
Why visualization? Several reasons, actually, the most compelling being that sometimes visualization literally solves the problem for you. I remember an exercise in eighth grade English class where we were asked to describe, in words only, an object set in front of us with sufficient clarity such that our classmates,
It’s been very hot here in Northern Italy: electricity provision has struggled to keep up and we’ve had frequent power outages in the area, even within our apartment building. A bit inconvenient? Don’t get me started. I feel like my home appliances have turned against me, taking me back to
In my previous post I talked to John Cassara about the growing threat of mobile payments and how mobile phones can be used to launder illicit funds globally. I spoke with him again recently on the topic of financial intelligence. Here are the highlights from our discussion. So what is
I enjoy watching TV crime series like Law and Order, Crime Series Investigation (CSI), CriminalMinds, Numb3rs, Person of Interest, as well as real-life mystery stories on shows like 20/20 and others. Obviously, the popularity of these types of shows means I'm not the only one who enjoys this type of entertainment. Here at SAS,
Financial institutions have been managing their AML models to meet regulatory expectations for some time. But what about customer risk rating models? We’re seeing a trend where firms are re-evaluating whether their heuristic, rules-based customer risk rating models can withstand regulatory expectations. Rules-based models follow simple analytical formulas, such as,
In the oil and gas industry, analytics are used to improve both upstream and downstream operations, from optimizing exploration and forecasting production to reducing commodity trading risk and understanding customer's energy needs. If you plan to derive value from the digital oil field, big data, and analytics, one of the first things
