Similar to claims fraud, money laundering is seen as a victimless crime, and often glamorized in movies and books. Think “The Wolf of Wall Street” and “Scarface”. But money laundering is a SERIOUS problem. According to a 2013 report, the United Nations Office on Drugs and Crime estimates that $1.6
Population movement is higher than ever. Buoyed by freedom of movement and critical events such as armed conflict and the European migrant issue, large groups of people are migrating across borders. In fact, population movement has now reached record levels. There are currently more displaced people globally than during the whole
With the 2015 World Series currently underway, there couldn't be a more exciting time to discuss how analytics is transforming the game of baseball. It comes as no surprise to say that managers and front office executives, not to mention the players, are continuously looking for a competitive advantage over their opponents.
Revenue management is a relatively young discipline in the hotel industry. Hotels only started to broadly adopt revenue management processes and systems in the late 90s and early 2000s. While the discipline has achieved success and gained visibility over the last decade and a half, it is still relatively new
How can you grow a culture of innovation, scale your data, modernize your legacy BI strategy - and more? With "analytics in action," says Paul Bachteal, Senior Director of the Global Technology Practice at SAS. Bachteal recently presented to a standing room only crowd as part of the 2015 Texas A&M
In my last post, I talked about why SAS utilizes a rotated Singular Value Decomposition (SVD) approach for topic generation, rather than using Latent Dirichlet Allocation (LDA). I noted that LDA has undergone a variety of improvements in the last seven years since SAS opted to use the SVD method. So, the
The high cost of pricing myopia When launching a pharmaceutical product, it’s not enough to negotiate the best reimbursable price for each local market. Overall financial performance will depend on successfully managing go-to-market strategies at the global level. That means determining the optimal price and launch sequence for all the
Higher education is a buyer’s market today, with the student being the buyer, according to Nick Hillman, director of the Higher Education Policy Institute. And don’t universities know it. Not only are they dealing with tuition fee caps, but they face mounting competition from other educational institutions. There are many UK
When I talk with more analytically savvy users of SAS® Text Miner or SAS® Contextual Analysis, I inevitably get asked questions about why SAS uses a completely different approach to topic generation than anybody else and why should they trust the approach SAS adopts? These are good questions. I first
How does SAS integrate with Hadoop? That's a question we often hear from people new to SAS who want to learn more about using SAS with Hadoop. At Strata + Hadoop World earlier this month, we were able to not only talk to attendees to answer their questions -- we were able to show
