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Advanced Analytics

Move beyond spreadsheets to data mining, forecasting, optimization – and more

Advanced Analytics | Analytics

Mike GillilandJuly 3, 2016 0

Guest blogger: Len Tashman previews summer issue of Foresight

Editor Len Tashman's Preview of the Summer Issue of Foresight Clarity and effectiveness of communication are key to success – so says a recent survey by the National Association of Business Economists (NABE), which reported that industry leaders and hiring managers considered communication skills to be the single most important

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Advanced Analytics | Analytics

Mike GillilandJuly 1, 2016 0

Paul Goodwin on misbehaving forecasting agents

Paul Goodwin is Professor Emeritus of Management Science at University of Bath, and one of the speakers at this fall's Foresight Practitioner Conference (October 5-6 in Raleigh, NC). His topic will be "Use and Abuse of Judgmental Overrides to Statistical Forecasts"-- an area in which he has contributed much of

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Advanced Analytics

Guohui WuJuly 1, 2016 0

Econometric and statistical methods for spatial data analysis

We live in a complex world that overflows with information. As human beings, we are very good at navigating this maze, where different types of input hit us from every possible direction. Without really thinking about it, we take in the inputs, evaluate the new information, combine it with our

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Advanced Analytics | Internet of Things

Michela GuerraJune 30, 2016 0

itasascom: l'innovazione raccontata da chi la fa

Secondo diverse fonti, il volume di dati archiviati e gestiti nei sistemi IT aziendali cresce con un tasso annuo del 20-40% dal 2010. Stiamo vivendo una nuova era di innovazione e di disruption digitale, in un mondo iperconnesso, caratterizzato da mobility, oggetti intelligenti, interazioni online e reti veloci. Vincere sul

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Advanced Analytics | Internet of Things

Colin GrayJune 30, 2016 0

How design thinking will re-frame IoT analytics prototyping

Data scientists are familiar with prototyping - we do this as part of a well-understood process to arrive at the optimum solution. But prototyping is more than about perfecting the math; it should also be about testing interpretability of the results. This need comes into stark prominence when you start

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Advanced Analytics | Analytics

Mike GillilandJune 29, 2016 0

Using information criteria to select forecasting model (Part 2)

Let's continue now to Nikolaos Kourentzes' blog post on How to choose a forecast for your time series. Using a Validation Sample Nikos first discusses the fairly common approach of using a validation or "hold out" sample. The idea is to build your model based on a subset of the

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Advanced Analytics | Analytics | Internet of Things | SAS Administrators

Andrea NegriJune 28, 2016 0

IoT analytics create bigger role for administrators

Some of the most common questions from customers are about their analytics administration. Often regarded as house-keeping, administration failures can nevertheless cause real pain. The typical day-to-day tasks of analytics administration include checking availability and health of the analytics platform components, allocating proper resources for users like memory, file systems,

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Advanced Analytics | Analytics

Mike GillilandJune 28, 2016 0

Using information criteria to select forecasting model (Part 1)

Nikolaos Kourentzes is Associate Professor at Lancaster University, and a member of the Lancaster Centre for Forecasting. In addition to having a great head of hair for a forecasting professor, Nikos has a great head for explaining fundamental forecasting concepts. In his recent blog post on How to choose a

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Advanced Analytics | Machine Learning | SAS Events

Josh GriffinJune 22, 2016 0

Optimization for machine learning and monster trucks

Optimization for machine learning is essential to ensure that data mining models can learn from training data in order to generalize to future test data. Data mining models can have millions of parameters that depend on the training data and, in general, have no analytic definition. In such cases, effective models

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Advanced Analytics

Rick WicklinJune 22, 2016 0

Use the EFFECTPLOT statement to visualize regression models in SAS

Graphs enable you to visualize how the predicted values for a regression model depend on the model effects. You can gain an intuitive understanding of a model by using the EFFECTPLOT statement in SAS to create graphs like the one shown at the top of this article. Many SAS regression

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Advanced Analytics

Rob PrattJune 20, 2016 0

Computing an Optimal Blackjack Strategy with SAS/OR

At the most recent SAS Global Forum in Las Vegas, I gave a demo on using SAS/OR to compute an optimal strategy for the casino game blackjack. For anyone who wasn't able to attend, I'd like to show some of the code and results here.

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Advanced Analytics | Analytics

Mike GillilandJune 10, 2016 0

Practical advice for better business forecasting

SAS® Insights is a section of the sas.com website devoted to being "your top source for analytics news and views." It contains articles, interviews, research reports, and other content from both SAS and non-SAS contributors. In a new article posted this week, we added three short videos containing practical advice

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Advanced Analytics | Analytics

Mike GillilandJune 9, 2016 0

Rob Hyndman on Time-Series Cross-Validation

Sometimes one's job gets in the way of one's blogging. My last three months have been occupied with the launch of SAS® Viya™, our next-generation high-performance and visualization architecture. Please take the time to find more information on the SAS Viya website, and apply for a free preview. Rob Hyndman

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Advanced Analytics | Machine Learning

Polly Mitchell-GuthrieMay 31, 2016 0

Analytics, OR, data science and machine learning: what's in a name?

Analytics, statistics, operations research, data science and machine learning - with which term do you prefer associate? Are you from the House of Capulet or Montague, or do you even care? Shakespeare's Juliet derides excess identification with names in the famous play, Romeo and Juliet. "What's in a name? That which we call

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Advanced Analytics | Machine Learning

Ilknur Kaynar Kabul

Ilknur Kaynar KabulMay 26, 2016 0

Understanding data mining clustering methods

When you go to the grocery store, you see that items of a similar nature are displayed nearby to each other. When you organize the clothes in your closet, you put similar items together (e.g. shirts in one section, pants in another). Every personal organizing tip on the web to

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Advanced Analytics | SAS Administrators

Andrea NegriMay 23, 2016 0

SAS Administrator: la top 10 delle domande frequenti (PART 1)

Ciao a tutti e ben sintonizzati sulle frequenze di Radio SAS Technical Support! Oggi trasmettiamo la prima parte della super-classifica delle domande più frequenti che riceviamo dai SAS Administrators che operano presso le aziende nostre clienti. Il SAS Administrator è la super-star della Architettura e della Piattaforma SAS, le sue attività

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Advanced Analytics | Learn SAS $Fit a logistic model in SAS: ordinal regression, multinomial regression, Logistic model for longitudinal (or repeated measures) data, random effects models, conditional logistic regression, survey logistic regression, and fractional logistic models$

Rick WicklinMay 23, 2016 0

How to fit a variety of logistic regression models in SAS

SAS software can fit many different kinds of regression models. In fact a common question on the SAS Support Communities is "how do I fit a <name> regression model in SAS?" And within that category, the most frequent questions involve how to fit various logistic regression models in SAS. There

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Advanced Analytics

SAS PolandMay 12, 2016 0

Business Intelligence: 4 główne trendy w rozwoju

W rozwoju narzędzi Business Intelligence oraz w sposobie ich wykorzystania w nowoczesnych organizacjach można wyróżnić 4 dominujące trendy. To właśnie one przełożą się na kierunki rozwoju tych narzędzi, zmienią ich rolę we wsparciu procesów decyzyjnych i budowania przewag konkurencyjnych. Trend 1: Modele samoobsługowe Popularyzacja wykorzystania narzędzi BI w przedsiębiorstwach do

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Advanced Analytics | Analytics | Data Management

Sylvie Faucillon

Sylvie FaucillonApril 27, 2016 0

Could text analytics be the cutting-edge technology the oil and gas industry was waiting for?

Small causes can have large effects; or how a discovery in the Barnett Shale can spike some interest in the rest of the world and change the face of the industry. This article is co-written by Sylvie Jacquet-Faucillon, Senior Analytics Presales Consultant, SAS France; and David Dozoul, Senior Adviser

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Energy & Utilities

Advanced Analytics

Inventory Optimization and Replenishment by Bob Davis

Bob DavisApril 25, 2016 0

Inventory Optimization - The Misunderstood Solution

Inventory is a result of decisions. Inventory is not the problem... the problem is the decisions. I recently had an interesting conversation with the VP, Supply Chain at a leading global manufacturer. He is not happy with the results from the inventory optimization he is using. He was told inventory optimization

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Advanced Analytics

Rob PrattApril 15, 2016 0

SAS/OR at SAS Global Forum 2016

This year's SAS Global Forum conference will take place April 18-21 at The Venetian in Las Vegas. For SAS/OR, SAS staff will present two Super Demos and three papers:

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Advanced Analytics

Ed HughesApril 8, 2016 0

SAS at the 2016 INFORMS Conference on Business Analytics and Operations Research

SAS will have a major presence at the 2016 INFORMS Conference on Business Analytics and Operations Research, which will be held at the Hyatt Regency Grand Cypress hotel in Orlando, FL on April 10-12. Many SAS staff will participate in this conference. SAS/OR, the SAS Global Academic Program, and JMP

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Advanced Analytics | Students & Educators

Lane WhatleyApril 5, 2016 0

I've seen the future of data science....

"I've seen the future of data science, and it is filled with estrogen!" This was the opening remark at a recent talk I heard. If only I'd seen that vision of the future when I was in college. You see, I’ve always loved math (and still do). My first calculus

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Advanced Analytics

High Speed Train

Andrew PeaseApril 4, 2016 0

What is scale?

I've got scale on my mind! While speeding down the rails from Brussels to Paris on the TGV (the sleek, high-speed train), the scale of speed is breathtaking. In previous generations, going from Brussels to Paris for a single-day meeting would have inevitably involved a plane, with check-ins, security, travel

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Advanced Analytics | SAS Events

Gerhard SvolbaMarch 31, 2016 0

Self-service analytics with SAS – and what we should NOT borrow from the ancient Egyptians

I recently read the book "Die Zahl die aus der Kälte kam" (which would be The Number That Came in from the Cold in English) written by the Austrian mathematician Rudolf Taschner. He is ingenious at presenting complex mathematical relationships to a broader audience. One of his examples deals with

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Advanced Analytics | Analytics

Mike GillilandMarch 30, 2016 0

Guest blogger: Len Tashman previews spring issue of Foresight

Editor Len Tashman's Preview of the Spring Issue of Foresight Misbehaving, the feature section of this 41st issue of Foresight, was prompted by the publication of Richard Thaler’s eye-opening book of the same title, a work that explains the often surprising gap between (a) the models we use and organizational

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Advanced Analytics | Data for Good

Alan CudneyMarch 22, 2016 0

Dignity Health demonstrates the power of advanced analytics at HIMSS16

According to Lloyd Dean, president and CEO, "At Dignity Health, we are committed to developing partnerships and opportunities that harness the tremendous potential of technology, from improving the patient experience to providing caregivers with tools that will support their day-to-day care decisions." Dignity Health, one of the largest health systems

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Advanced Analytics | Analytics

Mike GillilandMarch 18, 2016 0

Rob Hyndman on measuring forecast accuracy

The new book Business Forecasting: Practical Problems and Solutions contains a large section of recent articles on forecasting performance evaluation and reporting. Among the contributing authors is Rob Hyndman, Professor of Statistics at Monash University in Australia. To anyone needing an introduction, Hyndman's credentials include: Editor-in-chief of International Journal of

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Advanced Analytics | Customer Intelligence

Matthew Stainer

Matthew StainerMarch 4, 2016 0

Voice of customer analysis (Part 2)

This is my second article about voice of customer analysis; you can find the first here. The first time we discussed that a simple sentiment polarity score was a rather a narrow view. This time we will examine a more insightful approach, using voice of customer analysis to monitor customers’ opinions

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