Where in your business process can analytics and AI play a contributing role in enhancing your decision making capability? At the information interpretation stage. As a framework for understanding where analytic and AI opportunities may arise, the simple diagram below illustrates the relationships between data, information and knowledge, and how
If you're looking for advice on developing an analytics strategy, there's no shortage of resources, including this from SAS: Building your data and analytics strategy. If, on the other hand, you're looking for advice on how to apply analytics to strategic planning, your search has likely to come up wanting.
There's been a lot of hype regarding using machine learning (ML) for demand forecasting, and rightfully so, given the advancements in data collection, storage, and processing along with improvements in technology. There's no reason why machine learning can't be utilized as another forecasting method among the collection of forecasting methods
When I was in Denver for SAS Global Forum 2018, one of our customers asked me for three use cases that show strong return on investment for analytics in today's electric utility industry. Since our energy team has identified at least 125 separate use cases that show how analytics can
In traveling and speaking at SAS events in South America this summer -- at SAS Forum Chile in Santiago and at events in Buenos Aries, Argentina and Lima, Peru -- I had the wonderful opportunity to speak with local customers and learn about their progressive organizational approaches. In talking with these
Business Intelligence (BI) can mean many things to many people, but generally BI is associated with business reports. When you fold business analytics (BA), especially advanced analytics that are predictive or prescriptive, under the BI umbrella you inherently dilute the value proposition that analytics can provide to an organization. Why