Instead of using a crystal ball to find out what the future holds for analytics, I decided to do something even better -- ask Udo Sglavo, SAS Forecasting R&D director. Sglavo breaks down the benefits of two new SAS analytical clients, SAS Enterprise Miner and SAS Forecast Server in this
Tag: analytics
In his recent Financial Times article, Tim Harford explained the big data that interests many companies is what we might call found data – the digital exhaust from our web searches, our status updates on social networks, our credit card purchases and our mobile devices pinging the nearest cellular or WiFi network.
With tornadoes in the news lately, I wondered how I might could use SAS to analyze tornado data. How about animating 60 years of tornado path data? ... I was using Google to search for ways to analyze tornado data, and found an example on ustornadoes.com that animates the tornado
I was asked to speak recently on a topic that includes two hyped terms: Big data and sustainability. At the risk of igniting an anti-buzzword campaign, I added a third over-used term to that list: analytics. Even though individuals and companies use those three words – big data, sustainability, and
With as much as I travel, I have to confess that I’ve become a bit of a food snob. And for good reason, I might add. Two days in a Chilean hospital will make anyone stick with what they know and trust. After that experience, it was just me and
Last night, here in the U.S., an outbreak of deadly tornadoes tore across several states. Unfortunately, nobody knows how to predict a tornado with certainty, but let's brainstorm on how SAS Software can help analyze the data in the aftermath of a natural disaster like this... Being a graph guy, the first
In our hyper-connected world, information technology plays a key role in nearly every field and industry. Higher education is no exception, and that’s where EDUCAUSE comes in. This non-profit association works to advance higher education through the use of information technology. One of the primary ways EDUCAUSE achieves its goal
As an unabashed lover of data, I am thrilled to be living and working in our increasingly data-constructed world. One new type of data analysis eliciting strong emotional reactions these days is the sentiment analysis of the directly digitized feedback from customers provided via their online reviews, emails, voicemails, text messages and social networking
Many factors have to work together for organizations to compete on big data analytics. First, you need the right technology. Second, you need to look at the skill set that is required to use the technology and the culture changes that are often needed. So how do you bring it
Would you like to analyze the 9 million lines of Medicare payment data that was recently made public? You'll need lots of luck if you're planning to use Excel ... whereas this is the kind of thing SAS was built for! Here's a sneak-peek at what the text data looks
So far in this Ask the Statistician series, we heard statisticians at the Analytics 2013 conference discuss the benefits of statistical analysis, the types of statistical techniques they use to solve their business problems and how they share their statistical results with non-technical audiences that need to use this information. So, the next step
We sometimes describe the potential of big data analytics as letting the data tell its story, casting the data scientist as storyteller. While the journalist has long been a newscaster, in recent years the term data-driven journalism has been adopted to describe the process of using big data analytics to
The volume is being turned up on the Control Tower approach to running a business; I have recently been introduced to logistics control towers, supply chain control towers and operations control towers just for starters. I’m sure there must be at least a half dozen more out there – pick
Are you wondering what to do next with your analytics program? The latest issue of sascom magazine provides a handy guide. Check it out to get help checking off must-do items like these: Establish an analytics center of excellence. Find out how SunTrust centralized all of the bank’s analytics teams –
Hoy en día la visualización de datos está siendo el tema central cuando hablamos de big data, analítica e inteligencia de negocios. El tamaño, la velocidad y la variedad de sus datos están creciendo cada vez más rápido, y el mundo del análisis avanzado está cambiando, ¡su compañía no se
Es ist nicht zuletzt das Stichwort Big Data, das bei vielen Unternehmen das Thema Analytics auf die Agenda gebracht hat. Egal woher die Datenmengen kommen, es ist sonnenklar: erstmal wegspeichern hilft nicht viel – es muss schon ein Nutzen daraus gezogen werden. Von der Erkenntnis bis zur Umsetzung ist es
While big data is rife with potential, as Larry Greenemeier explained in his recent Scientific American blog post Why Big Data Isn’t Necessarily Better Data, context is often lacking when data is pulled from disparate sources, leading to questionable conclusions. His blog post examined the difficulties that Google Flu Trends
Teller, the normally silent half of the magician duo Penn & Teller, revealed some of magic’s secrets in a Smithsonian Magazine article about how magicians manipulate the human mind. Given the big data-fueled potential of data science to manipulate our decision-making, we should listen to what Teller has to tell
Los tiempos en que el presidente o el gerente general de una compañía tenía que pedir la información crítica del negocio al área encargada y esperar varios días su respuesta, son ahora cosa del pasado. La agilidad que exige el mundo moderno aceleró los procesos administrativos internos de las organizaciones,
After decades of trying to "manage" and "control" quality, manufacturers continue to struggle with consistently achieving quality excellence. To conquer the realities of today's marketplace and achieve quality excellence, manufacturers need to adopt an analytic approach to quality. The basic objective of manufacturers hasn't changed since the beginning - produce
In my last post in the Ask the Statistician series, we heard statisticians at the Analytics 2013 conference discuss what types of statistical techniques they use to solve their business problems. Given that these concepts are technical in nature, I wanted to better understand some of their best practices for sharing
Were you a mother who listened to classical music during your pregnancy, or a parent who played classical music in your newborn baby’s nursery because you heard it stimulates creativity and improves intelligence? If so, do you know where this “classical music makes you smarter” idea came from? In 1993, a
It is always important to continue to sell the value of analytics within your organization, especially to your leaders. Usually, these type of results are delivered via reports, dashboards, or emails. However did you know that analytics: Detects when expensive machinery like electrical submersible pumps (ESP) or oil platforms need maintenance before
Customer intelligence (CI) is critical for companies today. It can help you stay ahead of your competitors by giving you the right information to attract customers. Dr. Christophe Muse can teach you how to adopt new analytical and data-mining techniques for advanced customer intelligence applications. I interviewed Dr. Muse at
With all of us blogging, emailing and posting updates on social media, the amount of textual data is growing fast. So how do you make sense of all that big data? Dr. Goutam Chakraborty teaches a Business Knowledge Series course, Text Analytics and Sentiment Mining Using SAS, where you can
IT support levels for different processes and business applications depend on many factors. So how are analytics projects generally supported? It's common for IT to view the implementation of advanced analytics as part of a production job or process, especially when analytic models are deployed into different operational systems that are
In this interconnected world, it is more important than ever to understand not just details about your data, but also how its different parts are related to each other. Social networks reveal often surprising details about what people think about your product or services, how they are linked to other
When the Apple Macintosh hit the market, analysts were not impressed. But Steve Jobs’ vision ended up transforming our lives. Apple is celebrating its 30th anniversary this year and has become a global household name. Jobs’ ability to direct his organization to develop easy to use products not only met
Teacher pay, and the possibility of a raise, has been a hot topic in North Carolina lately. So I decided to look around and see if I could find any good data related to teacher salary, and then try to determine the best way to present that data graphically. I found that
Valentine’s Day is one of those make-or-break holidays for gift retailers. They are selling "nice to have" items, not necessities. Many use some type of analytics to segment customers for personalized messages. It's not as straightforward as it sounds, especially if the organization hasn't committed to an enterprise-wide approach to