Since our last VirtualOil update in May, oil prices have continued to take a beating. As the chart of the rolling five-year portfolio shows, much of our strip of options is now out-of-the-money and the average value per barrel of that optionality has sunk below $7. No surprise then that
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,
Oh, how times have changed during my 20-plus years in the insurance industry. Data wasn’t a word we used much back in the 80s and 90s, unless of course you worked in those arcane and mysterious IT data centres. Even amidst the computerisation of the insurance industry in the 80s, many
We are all modelers. Whenever you plan, you are building a model. Whenever you imagine, you are building a model. When you create, write, paint or speak, you first build in your head a model of what you want to accomplish, and then fill in the details with words, movements
As monsoon season begins, many Nepal earthquake victims have shelter over their heads thanks in part to an unlikely intersection of two SAS global development projects. The first project is with the International Organization for Migration (IOM). IOM is the first responder to any crisis that displaces people. IOM provides
A strong quote from John Tukey explains the essence of data visualization: “The greatest value of a picture is when it forces us to notice what we never expected to see.” Tukey was a famous American mathematician who truly understood data – its structure, patterns and what to look for.
After doing some recent research with IDC®, I got to thinking again about the reasons that organizations of all sizes in all industries are so slow at adopting analytics as part of their ‘business as usual’ operations. While I have no hard statistics on who is and who isn’t adopting
If you use a GPS system or a mapping app on your phone, you're familiar with geospatial intelligence. But did you know this same technology can be used to map the spread of diseases, to understand the spread of wildfires, to visualize environmental issues - and much more? The proliferation
Big data. Streaming data. Complex data. We’ve all heard the reasons why organizations feel like they’re facing an insurmountable data challenge. Now, it’s time to do something about it. For the past few years, SAS has helped some of the world’s leading companies make sense of an avalanche of data.
As a proud father of three young children, Father’s Day is very special to me. I pulled together some data about the holiday for a fun blog post, but with three kids it’s difficult to find time to write. Evenings end with me and my wife collapsed on the couch
