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Analytics

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

Analytics

Kristine VickJuly 9, 2010 0

Planning for the KDD data mining event

Several of us at SAS are gearing up for the 16th annual ACM SIGKDD conference on Knowledge Discovery and Data Mining. If you are not familiar with this, it is the premier international forum for data mining researchers and practitioners from academia, industry, and government to share their ideas, research

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Analytics

Kristine VickJuly 1, 2010 0

Hands-on predictive analytics

Plans are underway for a day of getting dirty with data! My SAS colleagues, Tapan Patel and Wayne Thompson, along with workshop host Dean Abbott, President of Abbott Analytics, are hosting a Hands-On Predictive Analytics Workshop on October 18th. This session is one of several workshops that kick off the

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Analytics

Alison BolenJune 28, 2010 0

Bringing the future to the present

~ Contributed by Jens Olivarius ~ Wednesday at The Premier Business Leadership Series in Berlin, Futurist Thornton May challenged a group of international business executives with this question: Has the way people think about analytics changed over time? The response was a resounding yes, but for several different reasons. Yes,

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Analytics

Peter DorringtonJune 25, 2010 0

Tom Davenport’s masterclass for executives

On Wednesday the 23rd June, Tom Davenport, best-selling co-author of Competing on Analytics and Analytics at Work and President's Distinguished Professor at Babson College, led a masterclass of 20 business leaders in examining how organisations go from being analytically impaired to analytical competitors. In Tom’s view, most companies have massive

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Analytics

Kristine VickJune 24, 2010 0

Forecasting 101

Next up in the SAS Applying Business Analytics Webinar Series is Forecasting 101! This Webinar is appropriate for anyone involved in the creation, review or utilization of forecasts: demand planners and forecast analysts who generate forecasts; managers in sales, marketing, finance and operations; and executives who oversee the forecasting and

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Analytics

Ed WalkerJune 23, 2010 0

You do everything right – but you always get it wrong

Since deregulation, the energy and utilities industries have counted among the most complex, posing virtually insoluble problems thanks to a variety of trends and counter trends. That was the key conclusion of discussions in the Energy & Utilities insight session at The Premier Business Leadership Series, which was led by

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Analytics

Peter DorringtonJune 23, 2010 0

Taking lessons from civil servants

In his introductory address, public sector session moderator Thomas Spiller of SAS neatly summed up some of the biggest challenges faced by national governments: dealing with the current economic climate and managing a crisis of confidence within their governments. In his experience, government responses seem to fall in to three

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Analytics

Kristine VickJune 10, 2010 0

All I ever wanted to know about forecasting

Wow, what a couple of days!! I was involved with the SAS Business Forecasting Conference the last two days and I am impressed with all that I saw and learned! F2010 brought 238 people together from 16 countries to share best practices around business forecasting. You have to take a

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Analytics

Kristine VickJune 8, 2010 0

Data Mining 101: How data mining can deliver insights and improve performance

We’re getting ready for the third webinar in the SAS Applying Business Analytics webinar series. This webinar explores how to ensure the success of advanced analytic applications. It’s designed for line-of-business vice presidents, directors, managers and others who want to explore, develop, act and collaborate on making fact-based decisions. So

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Analytics

Tim FinneganMay 26, 2010 0

Dragnet Gets a Makeover: Improving public Safety with Predictive Analytics

The Results Driven Policing Conference, which was put on by the Penn State University Justice and Safety Institute and held in Baltimore recently, showcased the great performance improvements achieved by forward thinking law enforcement agencies throughout the United State and Canada. These agencies are under increasing pressure to improve public

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Analytics

Anna BrownMay 22, 2010 0

Personal business analytics

While reading a datadoodle blog post, Self tracking is business intelligence, I was taken back to my days in the advertising and PR agency world. The blog references Peter Drucker’s book, The Effective Executive that suggests tracking your day (or having your secretary do it) in increments of 15 minutes

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Analytics

Tapan PatelMay 18, 2010 0

Voice your opinions about data mining products

It is that time of the year again! Rexer Analytics, a data mining consulting firm, is conducting their fourth annual data mining survey. The survey collects preferences, views and interests of data mining professionals (e.g. data miners, statisticians, modelers, analysts, etc.). SAS is not the sponsor of the survey. The

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Analytics | Data Management

Anne-Lindsay BeallMay 14, 2010 0

Rare animals, rare chemicals, rare wines and analytics

I edited my first issue of sascom magazine in the second quarter. Despite her new responsibilities, former Editor-in-Chief Alison Bolen made herself available for my many questions, concerns and frantic messages asking: “Does this sound okay??” It all came together, and we even debuted a new column on business analytics,

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Analytics

Jim CoxMay 12, 2010 0

Part 3: Understanding Topic Discovery from an “historical” perspective

I mentioned last time that the technique we use to determine topics is a variant of something that has been around for fifty years. In this part I will talk about the intriguing history of this technique, and in the process, I hope to illuminate what we are doing and

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Analytics

Anne MilleyMay 12, 2010 0

Recommended reading for time series analysis

As more organizations are realizing greater value tapping into their time series data in new and innovative ways, we are often asked about books we would recommend on time series analysis. I have consulted with some internal experts and wanted to post this list of recommended books on the topic since

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Analytics | Risk Management

David RogersMay 10, 2010 0

Confidence is returning, but weaknesses remain

SAS and the Economist Intelligence Unit (EIU) have announced the release of the 2010 EIU report, "Rebuilding trust: Next steps for risk management in financial services," sponsored by SAS. The 2010 report includes the results of an online survey - that attracted 346 global respondents, all executives with risk management

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Analytics

Anne MilleyMay 6, 2010 0

Playing in Everyone’s Backyard

One of my all-time favorite quotes is from John Tukey: “The best part about being a statistician is you get to play in everyone’s backyard."? Statistics (and more broadly, analytics) contributes to and draws from multiple disciplines. There is a unity to analytical methods: The same method used in quantitative

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Analytics

Peter DorringtonApril 29, 2010 0

Analytical marketing roadmap - part 1

In their book Analytics at Work; Smarter Decisions, Better Results authors Tom Davenport, Jeanne G Harris and Robert Morison describe a 5-stage process to becoming an Analytical Competitor. In this series of articles, I am going to describe my interpretation of what it means for CMOs to become analytical marketers,

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Analytics

Jim CoxApril 20, 2010 0

WWW of Topic Management, part 2: What is a topic, and why?

Topic Modeling of documents is hot in the research community. Conferences are filled with different ways of determining topic models and how to apply them. The prestigious data mining conference KDD has in recent years had entire sections on topic modeling. The leading algorithms all have three-letter acronyms and sound

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Analytics

Alison BolenApril 19, 2010 0

From iPads to Blackberries, SAS goes mobile

The SAS Social Media Analytics product launch was a huge hit with the press at SAS Global Forum. I wrote about it below, a lot of analysts and social media pros are blogging about it too, and it seemed for at least a few hours last Monday that everyone on

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Analytics

Jim CoxApril 16, 2010 0

The Whats, Whys, and Wherefores of Topic Discovery and Management: Part One

Those of you who have seen the new version of SAS Text Miner know that we are transitioning from a “document clustering” approach towards a “topics in documents” approach. I have received a lot of questions about this, so I thought I would address some of them in a multi-part

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Analytics

Alison BolenApril 15, 2010 0

Where are you going next with business analytics?

A lot of technology conferences are celebratory in nature. They showcase new products, highlight customer successes and provide a platform for authors, analysts and industry experts to praise these accomplishments. To be sure, there was plenty to celebrate at the SAS Global Forum Executive Conference. But this year’s conference -

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Analytics

Faye MerridethMarch 11, 2010 0

March Madness: bias in the seeding process?

The NCAA Division I men's basketball tournament is big business and March Madness is exciting, but is the selection process fair? Using the SAS Analytics-powered "Dance Card" formula developed by Jay Coleman of the University of North Florida, Mike DuMond of Charles River Associates, and Allen Lynch of Mercer University,

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Analytics

Leo SadovyMarch 8, 2010 0

Unique business models, but common problems

Twenty-four sessions, twenty-four speakers, twenty-four different topics over just two days, and I didn’t just sit through the convention as a participant, no, I moderated the entire two day event as its Chairman. The Financial Forecasting and Planning Summit, organized by the IE Group, and held at the DoubleTree Mission

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Analytics

Alison BolenFebruary 18, 2010 0

SAS and Accenture: why it matters

The last time I mentioned Accenture on this blog, I linked to their recent survey results, which show that companies are recognizing the value of predictive analytics – and are planning for it. What does that mean for business analytics vendors? In a lot of ways, it means business leaders

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Analytics

Paula Henderson

Paula HendersonFebruary 15, 2010 0

State CIO organization touts business analytics, Paula does backflip

The National Association of State CIOs has just released an issue brief that has me very excited. “DO YOU THINK? OR DO YOU KNOW? Improving State Government Operations Through Business Analytics” gives an overview of business analytics and includes examples of effective implementations. The brief’s title paraphrases the quote “Do

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Analytics

Leo SadovyFebruary 2, 2010 0

SIM City for business decisions

Day one of the 2010 CFO Corporate Performance Management Conference in New York is in the books, and while the day’s presentations and discussions should rightly merit being the prime subjects of this post, those events have been overshadowed by one of even greater magnitude: dinner with Thornton May. Where

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Analytics

Alison BolenJanuary 29, 2010 0

All about AnalyticsCamp

~ Contributed by I-kong Fu ~ AnalyticsCamp is an unconference started by Nathan Gilliatt after a group of us met at a networking meeting in Raleigh last year called Web Analytics Wednesday. The first AnalyticsCamp will take place at UNC's Kenan-Flagler Business School in Chapel Hill on Saturday, February 6th,

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