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Find out how analytics, from data mining to cognitive computing, is changing the way we do business

Advanced Analytics | Analytics

Four alternative models

Mike GillilandOctober 19, 2016 0

Changing the paradigm for business forecasting (Part 6 of 12)

Why the Attraction for the Offensive Paradigm? In addition to the reasons provided by Green and Armstrong, I'd like to add one more reason for the lure of complexity: You can always add complexity to a model to better fit the history. In fact, you can always create a model

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Advanced Analytics | Analytics

Mike GillilandOctober 19, 2016 0

Guest blogger Len Tashman previews Fall 2016 issue of Foresight

Fresh from chairing the Foresight Practitioner Conference on “Worst Practices in Business Forecasting,” hosted two weeks ago at the Institute for Advanced Analytics at North Carolina State University, Foresight editor-in-chief Len Tashman previews the Fall 2016 issue. Preview of the Fall 2016 issue of Foresight In the provocative article, “The

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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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Analytics | Data for Good | Data Visualization

Robert AllisonOctober 17, 2016 0

How much does each country spend on healthcare?

With the US Affordable Care Act (ACA) and other health topics in the news lately, I wondered how much people spend on healthcare in various countries. Of course spending varies from person to person, so I decided to take a look at the average per capita spending in each country (it's

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Analytics

Carl FarrellOctober 17, 2016 0

Always Open

Open. The very word evokes a sense of happiness and possibility. When you’re hungry at an odd hour and everything around you seems to be closed, that lone neon sign glowing in a restaurant window is a most welcome relief. When a shop or service you’ve longed for finally builds

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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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Analytics

Hadoop und BARC

Torsten BeckOctober 17, 2016 0

Hadoop und Data Lakes – Use Cases, Nutzen und Grenzen

Die aktuelle BARC-Studie verrät die Sicht der Unternehmen auf modernes Datenmanagement mittels Hadoop und Data-Lake-Konzepten. Die Anwenderbefragung gibt einen interessanten Blick auf den derzeitigen Status von Hadoop und Data Lakes in Europa und Nordamerika. Wo wird das Ecosystem eingesetzt, was ist der erhoffte Nutzen, und wo sind die Grenzen, um

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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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Analytics

John GreenOctober 14, 2016 0

Not your father’s IT Department

Today’s IT department isn’t your grandfather’s IT department. It’s not even your father’s IT department. When people talk about Information Technology Departments of the past, it's usually broken into three distinct periods: The Mainframe; PCs; the Internet/post PC. The IT department was seen as the hardware support arm of an

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Analytics

Olivier PenelOctober 14, 2016 0

Big Data Governance: 5 Tipps für erfolgreiche Big-Data-Initiativen

Das ist der dritte Beitrag zur Blog-Serie Big Data Governance. Bisher sind erschienen Wie Big Data Unternehmen durcheinanderwirbelt und Mit Data Governance gegen den Datensumpf. Zum Abschluss möchte ich 5 Tipps abgeben, die ich selbst von Pionieren in Sachen Big Data übernommen habe. Meine erste Empfehlung lautet, Data Governance bereits zu Beginn der

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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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Analytics | Data for Good

Will JonesOctober 13, 2016 0

Taking a “Moneyball” approach to child welfare workforce woes

Could you imagine running a business with a 35-90% annual turnover rate? What if the average time to fill a position was anywhere between 3-12 months? This alone would cripple most organizations, but is a common reality in state and local child welfare agencies. High turnover and vacancy rates are

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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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Analytics

Thomas KeilOctober 13, 2016 0

Die digitale Transformation in Deutschland

In „Silicon Germany“, dem Nachfolgebuch zu seinem Bestseller „Silicon Valley“ (siehe mein Blog dazu), konzentriert sich Christoph Keese ganz auf den Wirtschaftsstandort Deutschland. Kompetent, facettenreich und gut geschrieben mündet die Bestandsaufnahme in ein Plädoyer, gerichtet an Wirtschaft und mehr noch an die Politik: „Wie wir die digitale Transformation schaffen“.

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Analytics | Data Visualization

Robert AllisonOctober 12, 2016 0

Which drinks have the most, and least, caffeine?

A friend and I were recently debating how much caffeine is in various drinks. I felt like my hands were tied behind my back, since I had no graphs to show them. Of course, the first thing I did when I got to work was create some caffeine graphs! They turned out

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Analytics | Customer Intelligence

Sandra Hernandez

Sandra HernandezOctober 12, 2016 0

Analítica, el lado más inteligente del CMO

Quizá una de las pruebas principales de que la analítica se ha vuelto un aspecto de negocio y no de tecnología en las organizaciones es el nuevo rol que ahora tiene el CMO. El Chief Marketing Officer o lo que en Latinoamérica conocemos como Vicepresidente de Marketing, Gerente o Director

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Analytics

Michael Herrmann

Michael HerrmannOctober 12, 2016 0

Die EU Datenschutz-Grundverordnung ist digitaler Personenschutz

Die EU-DSGVO (im Englischen GDPR) ist ab Mai 2018 von allen Unternehmen anzuwenden. Sie bereitet den Boden für den zeitgemäßen Schutz persönlicher Daten – denn jegliches Merkmal, das direkt oder indirekt auf die Person, den realen Kunden schließen lässt, gehört geschützt. Das kann eine IP-Adresse sein oder auch eine Ortsangabe

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Analytics | Students & Educators

Georgia MarianiOctober 11, 2016 0

ESSA – accountability, indicators and analytics to drive informed decision making

Last December, The Every Student Succeeds Act (ESSA) was signed into law to ensure opportunity for all students in the United States. As part of this federal legislation, states now have the flexibility to design their own accountability systems following certain parameters outlined in ESSA. These accountability systems include academic and non-academic indicators. By

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Analytics | Data Visualization

Robert AllisonOctober 10, 2016 0

Where did Hurricane Matthew drop the most water?

This past weekend, Hurricane Matthew came through the Carolinas. Some areas had record flooding, while other areas didn't. I was anxious to get back to work today, so I could use SAS software and create a custom map showing who got how much rain. But before we get to the official

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Analytics

Elizabeth Bautista

Elizabeth BautistaOctober 10, 2016 0

La orden perfecta

La volatilidad de demanda y expansión de portafolio de productos, así como la persistente presión de alinear los costos de la cadena de suministro con la demanda del mercado, son solo algunos de los retos que enfrentan las organizaciones de industrias como manufactura, alimentos y bebidas, farmacéuticas o automotriz. La

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Analytics | Data Visualization

Robert AllisonOctober 7, 2016 0

Digging deeper into weather data, with custom SAS Analytics!

When you were growing up, did you ever imagine that the most popular show on TV would be 24-hour coverage of a storm?!? Yes, for better or for worse, the weather has become our new reality TV. And as you watch the weather coverage, you probably see all the weather reporters showing the

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Analytics | Data Visualization

Christine KomanderOctober 7, 2016 0

Data Scientist – Data Artist – Data Journalist – wie bitte, wer?

Nachdem der Data Scientist mittlerweile bei allen Digitalisierungsthemen und der damit einhergehenden Analytik in aller Munde ist, geistern nun auch etliche andere Rollendefinitionen durch die Positionierungen der verschiedenen Anbieter. Ein paar dieser neuen Bezeichnungen würde ich gerne aufgreifen und erklären, zusätzlich ein paar Denkanstöße mitgeben.

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Analytics

Olivier PenelOctober 6, 2016 0

Big Data Governance - ein Data Lake, kein Datensumpfgebiet

Dies ist der zweite Teil der Blog-Serie zu Big Data Governance. Beginnen Sie vorher am besten mit „Teil 1: Wie Big Data Unternehmen durcheinanderwirbelt”, wenn sie ihn noch nicht gelesen haben.

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Analytics | Data Visualization

Robert AllisonOctober 4, 2016 0

Will Hurricane Matthew follow in its predecessors' footsteps?

Like many words, if you just say "Cat 5" different people might think you're talking about different things. Computer geeks might assume you're talking about category 5 network cabling. But around this time of the year, most people in the southeast US will probably assume you're talking about a category

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Analytics | Customer Intelligence

Sandra Hernandez

Sandra HernandezSeptember 29, 2016 0

¿Por qué no debe perderse la Segunda Convención Latinoamericana de Analytics Everywhere?

La analítica ya está en todas partes, y por eso en SAS hemos decidido reunir en Colombia el próximo 2 de noviembre a presidentes de las principales empresas del país, gobierno y expertos mundiales para hablar del poder del Big Data en el marco de la Segunda Convención Latinoamericana de

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Analytics | Data Visualization

Robert AllisonSeptember 27, 2016 0

A statistical crossword puzzle to exercise your brain

I recently read a very interesting article describing how analytics is being used to detect cheating/copying/re-use in crossword puzzle creation, in some of the major news publications. This inspired me to try my hand at creating a totally new & unique crossword puzzle ... of course using SAS software! :) My grandmother

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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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