With Amazon Prime's 2-day shipping, I seldom go to physical stores any more. How do they deliver items so quickly? Let's analyze some data to find out... There are very few services/memberships that I truly feel like I'm getting "a good deal" for my money - and Amazon Prime is
Visual analytics es una solución, que puede impactar los resultados de una compañía independientemente del tamaño. Según Sanjeev Aggarwal, socio de la consultora tecnológica SMB Group, esta solución es el futuro del análisis avanzado de datos para las empresas en crecimiento. Las hojas de cálculo y las herramientas de Business Intelligence tradicionales
The rise of analytics and big data presents a once-in-a-generation opportunity for organisations to put themselves at the cutting edge, to create a competitive advantage by developing a culture of analytical success within their organisation. Yet most seem unable to grasp the opportunity that is within their reach. Eric Hoffer
After attending the SAS Day at Texas A&M University on Oct. 2, I came away with a new perspective on some of the different educational offerings to help fill the analytic talent gap (which according to studies and research continues to grow). In essence, there is a yin and yang of
What age women do men prefer on dating websites? - Let's have a look at the data... When I first started using computers in the early 80s, I thought it would be great to have everyone take a survey, and then let computers show you who your best matches were.
Imagine being able to get into your car and say “Take me to work.” Then, it automatically drives as you read the morning paper. We’re not there yet. But we’re closer than you think. Google has already developed a prototype for a driverless car in the U.S. Driverless cars are
You might assume that a battle-tested businessman with a gruff exterior and a taste for salty language lacks an inner child, but you’d be wrong. Exhibit A is this little-known fact: I have a soft spot for animated Disney movies. Now, I could try to bluff a bit and say
I wrote “Business Transformation” to guide leaders through a journey to transform their organizations. I included methodologies and examples gathered throughout my 29-year consulting career to assist them. Every executive and leader focuses on how to use resources to produce value. Of course, value can be defined in many terms
In the last 5 years, the buzzword "big data" has spread like wildfire. One could argue big data had been around prior, but during this time media outlets such as the Wall Street Journal and C-level executives started to take a keen interest in this topic. No longer a problem
Do you order things online, to avoid paying sales tax? Those "good old days" might be coming to an end soon... Here's a snapshot of my latest purchase from Amazon.com (a little something for the Talk Like a Pirate party I had on Sept 19): In the US, each of
Part 1: The challenge and the opportunity Mental illness continues to profoundly affect the nation’s population and, for the most part, remains greatly under analyzed. This is the first entry in a series about the mental health problem in the US, and how an analytic approach can improve care for
One of the hottest trends today in the business intelligence and analytics spaces is “self-service.” The word self-service is thrown around lightly in many situations and often carries different expectations for different people and organizations. Before we go into the details of self-service analytics it is important to have a
Is the type of car you drive more likely, or less likely, to get a speeding ticket? Let's analyze some data to find out! Do red cars attract more attention from the police, and get more tickets? How about cars with a 'racing stripe'? Or cars with a big chromed motor,
Have you heard the old saying that "Banks only loan money to people who don't need it"? Let's analyze the data and see if that is true!... I'm very much a car-guy, and I love learning about all the new vehicles, and love the new-car feel ... and even the smell. It's hard to not like a
Would you build a house without a proper foundation? Most of us wouldn’t dare, but that’s exactly what many retail businesses are doing today. When building a house, if you don’t get the foundation right, paint, wallpaper and fixtures won’t matter much. It’s no different in the retail industry. Success
It’s a great time to be a sports fan – and an even better time to be a sports and data fan as these two worlds continue to meld together. For the last couple of years nearly every conversation about sports, analytics or both had to have at least one
This guest post was written by Zubin Dowlaty. He has 20+ years’ experience in the business intelligence and analytics space. At Mu Sigma, he works closely with Fortune 500 companies counseling them on how to institutionalize data-driven decision-making. Zubin is focusing his efforts managing an agenda of rapidly implementing innovative analytics
The first time I used the Internet it blew my mind. As a diplomat brat, at any point in time everyone I knew was everywhere but where I was. Thanks the miracles of Gopher, Veronica, IRC and email, the tyranny of distance didn’t seem so oppressive any more. When I
If you're a SAS user, chances are you're a bit of a science/technology/engineering/math nerd -- and also a fan of The Big Bang Theory. Therefore this SAS analysis on The Big Bang Theory should be right up your alley! Yesterday (September 22) was the start of the 8th season for the TV series,
This guest post was written by Dr. Jay Liebowitz, DiSanto Visiting Chair in Applied Business and Finance at Harrisburg University of Science and Technology. He is also the author of several books including, “Big Data and Business Analytics,” Business Analytics: An Introduction,” and “Bursting the Big Data Bubble.” Next month,
Light years from Earth, within the constellation Virgo, two galaxies crashed into one another. Not something you could’ve seen peering into the night sky with the naked eye. We know it happened because astronomers pieced together images from several powerful telescopes to create what CBS News called a “cosmic magnifying
Imagine la siguiente situación: usted va al médico y le dice que algo le duele en la zona inferior del pecho. Ahora basado en esta corta descripción usted espera a que él le dé un diagnóstico y a que le sugiriera alguna terapia específica incluyendo un tiempo y un costo.
My previous post pondered the term disestimation, coined by Charles Seife in his book Proofiness: How You’re Being Fooled by the Numbers to warn us about understating or ignoring the uncertainties surrounding a number, mistaking it for a fact instead of the error-prone estimate that it really is. Sometimes this fact appears to
Data-driven marketing is all about how marketers can harness data and analytics to create a more customer-centric, fact-based approach to customer engagement. This, combined with quality execution leads to better customer experiences and improved customer equity. However when looking at customer-brand interactions in silos such as in the call centre
Imagine this situation: You go to you doctor and tell her that "something hurts in the lower chest area." Now, based on this short description of your pain, you expect her to come up with a precise diagnosis and a specific therapy suggestion, including treatment time and associated cost. Sound
Let’s go back in time to the summer of 2007. The original iPhone had just been launched. Miley Cyrus was Hannah Montana. The San Antonio Spurs were NBA Champions, and LeBron James was the savior of Cleveland Cavaliers. Insurance Executives were only concerned about legacy replacement systems. On the surface,
Capital investment in production capability is the weakest link in the business value chain. It always has been and likely always will be. It’s the driving force behind the tendency towards cartels, collusion and monopolies. While it can make the first entrant into a brand new market, in the long
This guest post was written by Owen P. Hall, Jr., Professor of Decision Sciences at Pepperdine University’s Graziadio School of Business and Management. He has more than 35 years of academic and industry experience in mobile learning technologies and business analytics. He also holds the Julian Virtue Professorship and is
Writing my previous post about digital banks got me thinking about the widespread use of analytics. In his book Digital Bank, Chris Skinner states that data should be seen as the most critical asset for digital banks. Actually, this holds true for almost every company nowadays. If you don’t have data of
