Many people perceive big data management technologies as a “cure-all” for their analytics needs. But I would be surprised if any organization that has invested in developing a conventional data warehouse – even on a small scale – would completely rip that data warehouse out and immediately replace it with an NoSQL
Over the last few years I’ve seen and worked on many transformational projects with big data, especially those that tap into big data’s ability to provide new and improved services for the public good. But there’s also a danger that analytics, unchecked, can do social harm by indirectly discriminating against
Das größte Taxiunternehmen besitzt kein einziges Taxi, das größte Hotelunternehmen besitzt kein Hotel, die größten Musikplattformen haben keine Künstler unter Vertrag. Wie der Erfolg beweist ist nicht das Besitzen der Schlüssel zum Erfolg, sondern die optimale Nutzung und Verteilung von vorhandenen Ressourcen. AirBnB, Uber und Spotify machen es vor. Aber
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
.@philsimon on the soft skills that Big Data requires.
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
Im Laufe der letzten Jahre sind einige Initiativen ins Leben gerufen worden, die sich unter dem Begriff “Data for Good” zusammenfassen lassen. Bei Data for Good-Projekten wird gezeigt, dass Big Data Analysen gerade bei gemeinnützigen Projekten echten Mehrwert liefern können. Rund um den Globus nutzen Organisationen und Individuen bereits Daten zur Kriminalitätsbekämpfung
When you work with big data, you often deal with both a large number of observations and a large number of features. When the number of features is large, they can be highly correlated, resulting in significant amount of redundancy in the data. Principal component analysis can be a very
Ok, so the title is a little provocative, but some people are dubious that data science training is even possible, because they believe data science entails skills one can learn only on the job and not in a classroom. I am not in that camp, although I do believe that data
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
Jim Harris explains why it's especially important to assess the quality of metadata when it comes to big data.
La integración del Big Data en los procesos y programas de gestión de datos existentes se ha convertido en algo así como una llamada de alerta para las organizaciones en su afán de convertirse en empresas del siglo XXI. Jim Harris, blogger y obsesivo-compulsivo del Data Quality, nos da estos
With Big Data, there are far more technical questions than answers.
No one knows for sure who coined the term Big Data. Despite etymological studies, we are still no closer to attributing provenance to any one person, or indeed any one period. Some say the term was coined in the '80s, others believe the '90s – and many are convinced the term originated
In today’s brave new technological world, most of us live cocooned in thermo-regulated cars and buildings. Our food and drink is on tap, and we experience little inconvenience beyond death and taxes. It’s easy to forget that life as we know it would come to an abrupt halt without the
Jim Harris discusses perspectives on the question of how much quality big data really needs.
Big data, by which most people mean Big Volume, doesn’t get you very far just by itself, but with the addition of Big Variety and analytics, now you’re talking. In fact, most organizations who are making headway into capitalizing on their data assets now refer to the process as "big
Big data is here to stay, whether we like it or not. Regardless of how you feel about it, it can help solve problems which simply could not be addressed without big data and advanced analytics. One area in which big data and analytics can provide huge benefits is the medical arena. In a recent
with Natalie Osborn, Senior Industry Consultant, Hospitality and Gaming Practice, SAS We’ve taught analytics 101 through the last couple of blog posts, and now that you have passed that course, you are ready to take an advanced course in analytics. Ok, not really, we won’t subject you to that, but
El big data analytics es el motor de la economía de la información… pero para entregar el máximo valor de los datos, las organizaciones no sólo necesitan tener las herramientas adecuadas, también necesitan tener a los mejores profesionales. En ese sentido, SAS realizó recientemente una encuesta para explorar cuál es
Though crude oil prices edged up last week, the market remains well below VirtualOil’s original $50 strike price, meaning the hypothetical portfolio’s production is shut in in the spot market again. Oversupply continues while China GDP forecasted growth is slowing. Given the market outlook, the VirtualOil board has decided to
Jim Harris addresses some of the most common questions and challenges big data poses for data quality.
The Internet of Things (IoT) is a revolutionary approach that will radically change our lives, our way of integrating with technology, and the way we do business and marketing. Companies have already defined a strategic plan for collecting and organizing data coming from the IoT. The next step is to
Today, we celebrate Manufacturing Day 2015. Manufacturing may not be the world's oldest profession, but it is likely the world's oldest industry. The very earliest characteristics that separated us from other animals is the manufacture of tools. Other animals use sticks and rocks and other collected items to help them
.@philsimon on bridging the IT-business divide once and for all.
Hoy en día el Big Data está de moda, hace presencia en todas las empresas, sin importar el sector al que pertenezcan y las compañías caen en la desinformación que tener un gran número de datos es sinónimo de conocimiento. Todas las empresas quieren hacer uso de los datos, y
Black Dog Syndrome may sound like the clinical term for a Led Zeppelin earworm but, as any animal shelter worker will tell you, it actually describes the challenge black dogs face in getting adopted. This phenomenon is in the spotlight today because Oct. 1 is National Black Dog Day! Black
If I were to believe the feedback I get, statisticians are among the most difficult people to work with. What’s more, they’re the only group that should be allowed to work in data analytics. It sounds harsh, but this may explain why big data projects continually fail. Businesses need statisticians who are both
