Tag: analytics

Mike Hitmar 0
Advancing the world's oldest industry

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

David Pope 0
Your brain versus analytics

When I was discussing decision making and analytics with a colleague, he recommended I read the book Your Brain at Work by David Rock. I took his advice because I wanted to find out how the brain processes information and how it might relate to analytics. Rock (you gotta love that name) explains the importance of the

Tom Stock 0
Decisions first!

I moved to Australia from Belgium two months ago for a short-term assignment. I am very concerned by the exchange rate. My dollars have lost over 15% of their value in euros and I share my frustration around me. People tell me, "Just wait, it cannot stay so low, the

Advanced Analytics
Phil Weiss 0
5 Challenges of cloud analytics

The need for fast and easy access to high-powered analytics has never been greater than it is today. Fortunately, cloud processing still holds the promise of making analytics more transparent and ubiquitous than ever before. Yet, a significant number of challenges still exist that prevent more widespread adoption of cloud

Andrew Pease 0
Enter the data composer

Along with the data scientist hype, analytics and the people who make them work have found themselves in the spotlight. The trend has also put an emphasis on the "science" aspects of analysis, such as a data focus, statistical rigor, controlled experiments and the like. Now, I’m not at all against adding more

Data Visualization
Ian Jones 0
Time for VirtualOil 2.0?

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

Leo Sadovy 0
Big Model: The necessary complement to big data

With all the hype over big data we often overlook the importance of modeling as its necessary counterpart. There are two independent limiting factors when it comes to decision support: the quality of the data, and the quality of the model. Most of the big data hype assumes that the data

Aiman Zeid 0
¡Viva el tango! (and the adoption of analytics!)

No matter where I go in the world, I’m constantly amazed by the similarities in business challenges facing organizations around the globe. One of the most common is getting business users to actually adopt and use the insights gained from the great work performed by analytics teams and IT organizations.

Data Management
Jim Harris 0
Data governance and analytics

The intersection of data governance and analytics doesn’t seem to get discussed as often as its intersection with data management, where data governance provides the guiding principles and context-specific policies that frame the processes and procedures of data management. The reason for this is not, as some may want to

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