Tag: business analytics

Analytics
Evan Stubbs 0
The value of high-performance analytics

Like Vince said a few days ago, you don’t have to be Goliath to see how the intersection of big data and high performance analytics creates competitive advantage. Let’s also be realistic though: compared to someone like Walmart, pretty much everyone’s David! While Telstra and the Commonwealth Bank may not be the largest companies by global measures, they’re still

Analytics | Risk Management
Leo Sadovy 0
Conversational analytics

When you begin your career your most important skills are your hard, technical skills; the finance and accounting, the statistics and economics, the physics and chemistry, the engineering and calculus.  But as I tell my business school mentees, as your career progresses, the emphasis changes such that much sooner than

Mike Nemecek 0
We few, we happy few ...

We few, we happy few, we band of brothers; For he to-day that sheds his blood with me Shall be my brother; … These lines are from the famous St. Crispin’s Day speech of Shakespeare’s historical play Henry V. King Henry V of England motivated his troops before the Battle

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PREMIER takes charge of the Credit CARD Act

The Obama Administration and subprime lenders agree on one thing: Borrowers with bad credit lack the clout - both financial and political - to rebuild their lives without help from somebody ... somewhere. Where they disagree - royally - is over how. The Credit Card Accountability, Responsibility and Disclosure Act of

Leo Sadovy 0
Playing 'Marco Polo', and other forecasting approaches

Here is a four-stage approach to financial forecasting. I urge you to seriously consider adopting at least level 1, then next look at how layering on the other stages might transform your approach to business planning. The four stages are: (1) Multiple Forecast Inputs,  (2) Marco Polo,  (3) Driver-based forecasting,

Analytics
Waynette Tubbs 0
Why big data analytics now?

A current media hype phrase used to describe the ever-growing volume and size of corporate information is "big data." SAS hosts an annual series of business leadership conferences that bring together industry thought leaders, innovators, world leaders, challengers and inspirational speakers to discuss the dynamics needed for a competitive future.

Ross Kaplan 0
The value of outside information

Most health care organizations either intentionally or due to some inability don’t use outside information (not just referals) in their search for fraud.  There are great numbers of valid reasons for this: HIPAA, security, usable/current data sources, inflexible information systems or processes, restrictive compliance & IT departments, and the list

Analytics | Data Management
Mike Nemecek 0
Our birthday gift to customers

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

Analytics | Risk Management
Leo Sadovy 0
A Plethora of Black Swans

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

Analytics
Anna Brown 0
Student loans, what a drag

I recently conducted a financial planning exercising to focus on savings – after all, college tuition rates are climbing and by the time my son goes to school in 18 years or so, I may be looking at $60,000 a year for a public university. Now is the time to

Analytics
SAS = Analytics

At the SAS analyst event in Steamboat, CO, in March, SAS CEO Jim Goodnight shared some interesting stats with attendees: Even in 2010's tough economy, SAS experienced 5.2 percent worldwide growth in US dollars. On top of that, SAS is still building new facilities, still winning workplace awards, and this