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Advanced Analytics

Rick WicklinOctober 19, 2016 0

Loess regression in SAS/IML

A previous post discusses how the loess regression algorithm is implemented in SAS. The LOESS procedure in SAS/STAT software provides the data analyst with options to control the loess algorithm and fit nonparametric smoothing curves through points in a scatter plot. Although PROC LOESS satisfies 99.99% of SAS users who

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Advanced Analytics | Analytics

Mike GillilandOctober 18, 2016 0

Changing the paradigm for business forecasting (Part 5 of 12)

Implications for the Offensive Paradigm The worldview promulgated by the Offensive paradigm is that if we only had MORE – more data, more computational power, more complex models, more elaborate processes – we could eventually solve the business forecasting problem. But this just doesn’t seem to be the case. Operating

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Advanced Analytics | Analytics

Mike GillilandOctober 17, 2016 0

Changing the paradigm for business forecasting (Part 4 of 12)

Is Complexity Bad? It’s necessary to point out that Goodwin’s article is not arguing against complexity per se, and I’m not either. When you have a high value forecast, where it is critical to be as accurate as possible, of course you are going to want to try every technique

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Advanced Analytics | Analytics

Mike GillilandOctober 14, 2016 0

Changing the paradigm for business forecasting (Part 3 of 12)

Anomalies: The Beginning of a Crisis While even trained scientists can fail to see things that fall outside what they are looking for, anomalies eventually start to get noticed. But still, for a long time, anomalies within an existing paradigm are seen as mere “violations of expectation.” The response within

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Advanced Analytics | Analytics

Gorilla Experiment Video

Mike GillilandOctober 13, 2016 0

Changing the paradigm for business forecasting (Part 2 of 12)

The Current Paradigm for Business Forecasting So what is the current paradigm that we, the community of business forecasting practitioners and researchers, are operating under? I’d argue that for at least the last 60 years, since 1956 when Robert G. Brown published his short monograph Exponential Smoothing for Predicting Demand,

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Advanced Analytics | Analytics

Mike GillilandOctober 13, 2016 0

Changing the paradigm for business forecasting (Part 1 of 12)

In a February 2015 post Offensive vs. Defensive Forecasting, I sought to distinguish two very different approaches to the business forecasting problem: Offensive: The "offensive" forecaster is focused on forecast accuracy -- on extracting every last fraction of a percent of accuracy we can hope to achieve. The approach is

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Advanced Analytics | Analytics

Mike GillilandSeptember 27, 2016 0

NIJ crime forecasting challenge

NIJ's Real-Time Forecasting Challenge If you want to show off your forecasting chops, and maybe even make a little money, the National Institute of Justice has just the challenge for you. The NIJ's Real-Time Crime Forecasting Challenge: ...seeks to harness the advances in data science to address the challenges of

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Advanced Analytics | Machine Learning

Patrick KochSeptember 20, 2016 0

Local Search Optimization for HyperParameter Tuning

When shopping for a new TV, with many sets next to each other across a store wall, it is easy to compare the picture quality and brightness. What is not immediately evident and expected is the difference between how the set looked in the store and how it looks in your

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Advanced Analytics | Fraud & Security Intelligence | SAS Events

SAS PolandSeptember 15, 2016 0

SAS® Visual Investigator – nowy wymiar użycia zaawansowanej analityki SAS

W obecnych czasach temat wykrywania nadużyć w obszarach finansów, usług dla obywateli oraz bezpieczeństwa narodowego staje się coraz większym wyzwaniem dla firm prywatnych i instytucji państwowych. Powszechność dostępu do Internetu, gwałtowny rozwój handlu elektronicznego i rosnące ilości danych przetwarzanych w usługach „w chmurze” powodują konieczność zastosowania zaawansowanych narzędzi informatycznych. SAS®

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Advanced Analytics | Machine Learning | SAS Events

Polly Mitchell-GuthrieSeptember 13, 2016 0

Machine learning fun at KDD

Who says machine learning can't be fun? A crew of us from SAS went to San Francisco for the recent KDD conference, which bills itself as "a premier interdisciplinary conference, [which]brings together researchers and practitioners from data science, data mining, knowledge discovery, large-scale data analytics, and big data." We brought

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Advanced Analytics | SAS Events | Students & Educators

Elaine KearneySeptember 9, 2016 0

The Internet of medical things and of intern things

The internet of medical things, spurred by the advent of wearable sensors, has dramatic consequences in industry, healthcare, and analytics, just as the advent of the internet of things and analytics has consequences in education. When I began my internship at SAS in May, I knew little about the internet of

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Advanced Analytics | Analytics

Mike GillilandSeptember 8, 2016 0

New course on Next Generation Demand Management

My friend and colleague Charlie Chase, author of the new book Next Generation Demand Management, has developed a 2-day course to go along with the book. The course is part of the SAS Business Knowledge Series, and is being offered in Chicago, October 19-20. Here are the details: Next Generation

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Advanced Analytics | Machine Learning | SAS Events

Namita LokareSeptember 8, 2016 0

Time series machine learning techniques in healthcare

Time series machine learning techniques show great promise for the analysis of health care wearable data. As our busy lifestyles render continuous monitoring more and more essential, the need to analyze data to find correlations between these data streams becomes even more important, because they can provide important cues to

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Advanced Analytics | Analytics | Data Visualization

Andreas BecksSeptember 8, 2016 0

Ohne Kompromisse: 9 Tipps für Analytics

Data Science, Self-Service, Machine Learning, Internet of Things … All diese Begriffe rund um die Digitalisierung geistern schon seit einiger Zeit durch die IT-Welt – und nicht nur durch diese. Spätestens die letzte Fußball-EM hat mit dem Phänomen „Packing“ auch dem Nicht-ITler unter den Fans des Breitensports die Augen geöffnet,

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Advanced Analytics

Ed HughesSeptember 7, 2016 0

Operations Research Talks at Analytics Experience 2016

Analytics Experience 2016 will be held on Sept. 12-14, 2016 at the Bellagio in Las Vegas, NV. There will be a great number of excellent talks and demonstrations at the conference, covering many aspects of SAS analytics and many practical applications. Several of these sessions deal directly with the use

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Advanced Analytics | Fraud & Security Intelligence

Stavros StavrinoudakisAugust 31, 2016 0

Procurement fraud: your hidden enemy

All global researches and surveys show that all kind of fraud, like procurement fraud, is rising and empowered by new dimensions in matter of vulnerabilities and attack methods. From traditional check tampering and skimming methods to cyber crime attacks, fraudsters become more sophisticated, with a powerful arsenal of technology in

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Advanced Analytics | SAS Events

Bobby GutierrezAugust 29, 2016 0

Is Poker a Skill Game? A Panel Data Analysis

The annual SAS Analytics Conference is upon us again. This year it is known by a different name, Analytics Experience 2016, but the location, Las Vegas, is the same as it has been the previous two years. Just like last year, I will be attending and presenting on analytics for panel

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Advanced Analytics | SAS Events

Guohui WuAugust 23, 2016 0

Spatial econometric modeling using PROC SPATIALREG

In our previous post, Econometric and statistical methods for spatial data analysis, we discussed the importance of spatial data. For most people, understanding that importance is relatively easy because spatial data are often found in our daily lives and we are all accustomed to analyzing them. We can all relate to

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Advanced Analytics

Simran BaggaAugust 22, 2016 0

3 Steps to big data success with text analytics

A huge proportion of big data is unstructured text (such as client interactions, product reviews, call center logs, emails, blogs and tweets). Organizations starting to invest in advanced analytics often overlook the value text analytics could add to the process. But when data scientists or analysts get to work exploring

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Advanced Analytics | Analytics

Mike GillilandAugust 19, 2016 0

Business Forecasting book review in JBF

Book Review in Journal of Business Forecasting The Summer 2016 issue of Journal of Business Forecasting includes a book review of Business Forecasting: Practical Problems and Solutions. The review is by Simon Clarke, Group Director of Forecasting at The Coca-Cola Company. You may be familiar with Clarke's many previous contributions

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Advanced Analytics

Emily LadaAugust 18, 2016 0

Dr. Salah Elmaghraby and the Evolution of SAS/OR Resource-Constrained Scheduling

In 1967, just a short time before a group of graduate students at North Carolina State University (NCSU) were starting a software company they called SAS, Dr. Salah Elmaghraby joined the faculty of NCSU as a Distinguished University Professor. In the 1970s, Dr. Elmaghraby led the effort to create one

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Advanced Analytics | Data Management

Charlie ChaseAugust 15, 2016 0

The Demand Signal Management Proposition

"Tap into all your demand signals. Organize. Visualize. Analyze. Predict. Orchestrate. Optimize." The availability and collection of data are compelling companies to invest in demand signal management solutions to take advantage of the vast amount of information to support their planning processes. However, many have not gotten the return on

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Advanced Analytics | Analytics

Mike GillilandAugust 15, 2016 0

Last day -- Foresight Practitioner Conference $200 registration discount

Companies launch initiatives to upgrade or improve their sales & operations planning and demand planning processes all the time, but many fail to deliver the results they should. Has your forecasting operation fallen short of expectations? Do you struggle with "best practices" that seem incapable of producing accurate, useful results?

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Advanced Analytics | Data for Good | Machine Learning | SAS Events

Polly Mitchell-GuthrieAugust 12, 2016 0

The benefits of artificial intelligence

Asking about the benefits of artificial intelligence and machine learning reminds me a little of the transition to suitcases with wheels. Do you remember lugging around those old suitcases? If not, good for you - this original advertisement from US Luggage will take you back! Thank Bernard Sadow for persistence with his

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Advanced Analytics | Machine Learning | SAS Events

Jorge SilvaAugust 10, 2016 0

Machine learning applications for NBA coaches and players

Machine learning applications for NBA coaches and players might seem like an odd choice for me to write about. Let us get something out of the way: I don’t know much about basketball. Or baseball. Or even soccer, much to the chagrin of my friends back home in Europe. However,

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Advanced Analytics | Analytics

Mike GillilandAugust 9, 2016 0

Next-generation demand management

Announcing New Book by Charlie Chase: Next-Generation Demand Management My colleague Charlie Chase has just published his latest book, Next-Generation Demand Management. It is available August 29, and can be pre-ordered now on amazon.com. It will also be available for purchase at the SAS Bookstore, along with Charlie's other books:

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Advanced Analytics

Varun ValsarajAugust 4, 2016 0

Multi-echelon inventory optimization at a major durable goods company

Multi-echelon inventory optimization is ever more a requirement in this era of globalization, which is both a boon and bane for manufacturing companies. Optimizing pricing is also important. Global reach allows these companies to expand to new territories but at the same time increases the competition on their home turf.

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Advanced Analytics

Rick WicklinJuly 27, 2016 0

How to visualize a kernel density estimate

A kernel density estimate (KDE) is a nonparametric estimate for the density of a data sample. A KDE can help an analyst determine how to model the data: Does the KDE look like a normal curve? Like a mixture of normals? Is there evidence of outliers in the data? In

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Advanced Analytics | Analytics | Data Visualization

Toby TextJuly 14, 2016 0

Letzte Tankstelle vor der Grenze ...

Stellen Sie sich vor, Sie sind frühmorgens mit dem Auto „ab in den Urlaub“ gefahren. Durch vorausschauende Routenplanung sind Sie den größten Staurisiken glücklich ausgewichen und nähern sich bei geschätzten 38°C der letzten Landesgrenze vor Ihrem Urlaubsziel. Die ganze Familie sitzt mit ausgelassener Stimmung im vollgepackten Auto. Die Kinder auf

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Advanced Analytics | Analytics

Mike GillilandJuly 8, 2016 0

2016 SAS/IIF forecasting research grant

For the fourteenth year, the International Institute of Forecasters, in collaboration with SAS®, is proud to announce financial support for research on how to improve forecasting methods and business forecasting practice. The award for the 2016-2017 year will be two $5,000 grants, in Business Applications and Methodology. Criteria for the

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