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Blogs

Advanced Analytics

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

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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Advanced Analytics | Analytics

Mike GillilandJuly 7, 2016 0

The online SAS forecasting community

The online SAS Support Communities are a vibrant source of information and interaction for over 90,000 registered participants. Here you can ask (and answer) questions, grow (and share) your SAS expertise, and explore these collection points for other resources (like hot tips, articles, blogs, and events) relating to the community

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Advanced Analytics | Analytics

Tamara FischerJuly 5, 2016 0

Die Geheimwaffe des SAS® Enterprise Miner

Man könnte fast meinen, es sei das bestgehütete Geheimnis des SAS® Enterprise Miner. Kaum jemand kennt es. Dabei war es schon immer da – fast. Ab Version 5.1 (2004). Es heißt EM5BATCH Makro und – Sie ahnen es schon – 5 wegen der damaligen Version 5. Es kommt so unscheinbar

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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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