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
The Rule of Three is a writing principle that suggests that things that come in threes are inherently funnier, more satisfying, or more effective than other numbers of things – Wikipedia. 3 Ps of success, Blind Mice, Little Pigs, Stooges, Musketeers, The Matrix, The Lord of the Rings, rings, pairs
In my first post of the analytics in real life blog series, we heard four higher education customers discuss using SAS and why they chose SAS. Today we will hear the following three customers share the positive impact of using SAS and analytics for their users and institution. Karl Konsdorf, Acting
All of us in the retail and wholesale industry, regardless of role, are responsible for the same objectives: Increase customer satisfaction, inventory productivity, and profitability by way of localization and omni strategies. We've learned that our best strategies sometimes fall short; we spend significant effort analyzing, only to achieve marginal results. Many of
