After a couple of solid days speaking to business leaders, listening to some of the world’s thought leaders and leading a panel discussion with the analytics leaders from DBS Bank, Allianz and Volvo Trucks, what have I learned about business analytics and what it takes to succeed? The first clue
Take a quick look at the two graphs below. Which one appears to be the LEAST complex construction? You might initially suppose it’s the bottom one, nothing but bar graphs, and maybe just one bar graph, the tallest one on the
In a business environment that is increasingly global and technological, many businesses are finding themselves subject to two significant challenges: If your product or service can be “made,” it can be copied and someone else can make it cheaper and/or better. Customers are becoming ever more knowledgeable about products, vendors
Contributed by Chad Austin, SAS Internal Communications The Institute for Operations Research and Management Science (INFORMS) is historically the world’s largest society for professionals in the field of operations research (OR) and management science. Recently, Manoj Chari, Senior R&D Director responsible for operations research at SAS, served on a panel
A popular custom among the diminutive hobbits of J.R.R. Tolkien’s Middle-earth was giving away presents on their birthdays instead of receiving them. This week, SAS toasted its birthday, celebrating 35 years as an analytic innovator, by giving its customers a gift: the latest version of SAS analytics and data management
Thousands of people have participated in this year's Applying Business Analytics Webinar Series, and now is your chance to get in on it too! Whether you are able to join in live on July 20 or view later on demand, you'll want to catch the complimentary Webinar, “Text Analytics –
We all enjoy the opportunity to attend an informational conference once or twice a year. At least for me, it is an excellent opportunity to hear thought leaders and business executives discuss the latest trends and recent problems that have been solved with technology. It can also be an excellent
I was under the impression that Black Swans were supposed to be rare. Rare enough to be effectively non-computable by standard methods. Nassim Taleb’s formulation of the Black Swan Theory is comprised of the three traits of: outlier (rarity), extreme impact, and retrospective predictability (i.e. 20/20 hindsight). I write this
“Our performance last month was 46.” Oh, you don’t have to thank me, I was just doing my job. Not very well, I might add. 46? 46 what? Or 46 who’s? Without context, 46 is just a number, just data. In context, perhaps that’s 46 out of 48 (not too
Are we oversimplifying customer segmentation and treatment strategies? SAS Marketing Director Jonathan Hornby thinks so. He also believes customer lifetime value should include an understanding of sentiment, influence and the value of collaboration with your customers. In fact, if you're not factoring these items into your customer segmentations, you're probably
