The Credit Card Accountability, Responsibility and Disclosure Act (CARD) of 2009 was triggered by the financial crisis and designed to protect subprime borrowers by forcing lenders to provide more transparency and more reasonable, fairer rates and fees to borrowers. This has proven a costly burden for US lenders as they
Tag: analytics
This is a guest post from Jodi Blomberg, a Principal Technical Architect at SAS. She has over 12 years of experience in data mining and mathematical modeling, and has developed analytic models for many government agencies including child support enforcement, insurance fraud, intelligence led policing, supply chain logistics and adverse
Remember the old Reese’s peanut butter cup advertisement? Two people are walking down the street – one eating peanut butter, the other chocolate – they run into each other and the chocolate and the peanut butter get mixed up. They sample the new concoction and marvel at the wonderful mixture
Unless you’ve been living under a rock, you’ve heard about the budget problems running rampant across all levels of government. Federal, State and Local Governments are all facing historic budget shortfalls due to the economic crisis and decreased tax receipts. This has led to a much closer examination of services
Unlike any other software vendor, SAS has one of the most vibrant and engaged user communities in the world. SAS User Groups (SUG), communities formed and managed by SAS users, are in place all over the world. In the US alone we have regional and local SUGs as well as
Linking business analytics to economic value is a hard problem. Despite all the smarts that get poured into models, it's hard to tie them to financial measures such as profitability. And, because of that, it's hard to justify investment in analytics. Need headcount? Sorry, try again. Need tools? Sorry, can't
While the first day of the SAS Global Forum Executive Conference focused on the business application of analytics, the second day was dedicated to analytics and IT management. One of the keynote presenters was Erik Brynjolfsson, the Schussel Family Professor at the MIT Sloan School of Management. Erik’s research and
In this panel discussion, a diverse group of companies from different industries are finding profitable growth opportunities through analytics. We’re joined by: Jim Foreman, Director of Circulation Analytic, Staples Halina Karachuk, VP Innovation, AXA Equitable Life Barb Buettin, Director, CRM – Enterprise Information Management, Chico’s Nelle Schantz, Sr. Marketing Director,
In getting ready for the INFORMS Conference on Business Analytics and Operation Research next week in Chicago, I caught up with Jodi Blomberg, a Technical Architect at SAS, to hear more about the paper she's presenting on April 11th. Here's a little preview of what Jodi has to share. For
How can you find and act on information hidden in customer interactions? How can you use this information to create profitable results and create a consistent customer experience? It’s not just about sales and marketing teams interacting with the customers anymore. The entire organization must align drive a good, consistent
“It is the dawning of the age of the digital, age of the digital!” I couldn’t help humming the 1969 tune after attending Erik Brynjolfsson’s presentation at the SAS Global Forum Executive Conference 2011 in Las Vegas. As Director for the MIT Center for Digital Business, Erik lives and breathes
At the SAS Global Forum Executive Conference, SAS’ very own Jim Davis, Chief Marketing Officer, gave a great presentation entitled “Analytics – See Business Possibilities You Never Imagined.” He started off by asking the audience a couple of questions: How do we take analytics and make a difference in our
Yesterday at the SAS Global Forum Executive Conference, SAS Senior Director of Product Marketing Nelle Schantz moderated a panel discussion featuring Thomas Davenport, best-selling author and Director of the International Institute for Analytics; Charlene Li, founder of Altimeter Group and co-author of Groundswell; and Rom Hendler, Senior Vice President and
What is data good for? Absolutely nothing without the right people and the right tools, says Angela Watson, Vice President of Analytics at Overstock.com, an online retailer that offers brand-name merchandise at discounted prices. It’s common for organizations to have “analysis paralysis” where not all departments use data, analytics to
The federal government is more aggressively pursuing health care fraud, and helping the states do the same, by proposing funding changes and investing in new technologies. A newly proposed rule would allow 90% Federal Financial Participation (FFP) for data mining initiatives in state Medicaid Fraud Control Units (MFCU’s). Another proposed
It was not your average stage entrance. With a full Roman entourage and a majestic portable throne, SAS Global Forum 2011 Chair Debbie Buck, smiled broadly as she made her way to the stage in front of 2,500-member crowd at Opening Session. Her message for conference attendees: “In the words
SAS Global Forum appreciates the support of its sponsors. I asked a Teradata representative some questions so that we could get to know this valued Premier sponsor better. 1. Can you provide some background information on the Teradata Corporation? Teradata is the world’s largest company focused solely on raising intelligence
This week I made a quick trip to Predictive Analytics World in San Francisco. It was my first appearance at that event, and some great things are going on at it and related conferences. It was held in conjunction with the eMetrics and Conversion conferences—all put on by Rising Media.
Last week, SAS held its annual analyst conference in Steamboat Springs, Colorado, where SAS leaders and SAS customers spoke to a room full of industry analysts about the direction of SAS products and business strategy for 2011 and beyond. It's a pretty exclusive event, so not many attend. But -
Tapan and I had the chance to talk with Karen Washburn, Manager for the SAS Business Knowledge Series, a SAS Education Division program, who is joining us at Predictive Analytics World this week! Karen will be participating in the conference and seeking out new partners to join the Business Knowledge
Bill Franks, Chief Analytics Officer (CAO) of Teradata spent some time with us this week to talk about next week's Predictive Analytics World activities! Predictive Analytics World that takes place during Data Driven Business Week March 14-15 in San Francisco. Any thoughts you would like to share about the upcoming
Contributed by Gert Laursen--author, head of customer intelligence at Maersk Line, and business intelligence thought leader in Denmark Dear reader, In my new book, Business Analytics for Sales and Marketing Managers: How to Compete in the Information Age, you can learn how you can use analytics to reach your sales
My colleague I-Kong Fu introduced me and several of other SAS colleagues to Nathan Gilliat, co-founder of AnalyticsCamp, which is an unconference for analytics. Whatever flavor of analytics you work with—web, email, social media, marketing, big enterprise BI, you name it—this is the place to meet and learn from interesting
I feel the experience of participating at SAS Global Forum year after year is like relishing a warm brownie! It’s the same treat but a unique experience every time. Subtle changes in the ingredients can lead to a unique and enhanced flavor. The team behind the scenes works hard to
Tapan Patel and I recently caught up with Dean Abbott, President, Abbott Analytics for a Q&A session on Predictive Analytics World that takes place during Data Driven Busines Week March 14-15 in San Francisco. Question: Any thoughts you would like to share for upcoming Predictive Analytics World 2011 Conference? What
Anne Milley and I recently had the chance to catch up with Eric Siegel, Chair of Predictive Analytics World for some Q&A regarding the upcoming conference that takes place during Data Driven Busines Week March 14-15 in San Francisco. Question: What a great line-up we see shaping up for Predictive
How important is accurate telecom forecasting? Sitting through another presentation this week on the explosive growth of mobile data, and the eye-popping statistics about how many Facebook and Twitter users there are, I can’t help but be excited by the possibilities. But I also have this feeling of déjà vu
Brian Whittington mentioned last month that government is innovating, and at great speed. Based on what I’ve seen in our line of work with state and local governments around the country in the past year, I have to agree. In the face of today’s daunting fiscal challenges, state and local
We are getting ready to kick off this year's Applying Business Analytics Webinar Series. You can participate in the monthly live webinars and hear directly from organizations that are actively applying analytics, BI and data management to create business value. We promise it will be worth your time! The series
I have recently had the great opportunity to be a part of a very special project called the North Carolina Bio-Preparedness Collaborative (NCB-Prepared) It is a public-private partnership that includes the University of North Carolina at Chapel Hill (UNC), North Carolina State University, and SAS, with support from the US