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Analytics

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

Analytics | Data Visualization

two business people looking at ipad

Alan LipsonDecember 12, 2014 0

Making 'management by walking around' more productive

The idea of "management by walking around" has been around for a while. First brought to prominence in Tom Peters and Robert Waterman’s best-seller In Search of Excellence, the concept is that managers get out of their offices and meet employees in their work areas to get a sense of how

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Advanced Analytics | Analytics

Mike GillilandDecember 12, 2014 0

Alfred Hitchcock and a classic forecasting scam

The Forecasting Savant Suppose you received an email from a self-proclaimed forecasting savant, advising you of a big upset in the upcoming mayoral election...and it turns out to be correct. You then get an email picking the underdog in the next championship boxing match...which is right again. Over the course

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Analytics

Caroline McCullenDecember 11, 2014 0

SAS coders descend on 30 schools for the Hour of Code

Last year during Computer Science Education Week, some in the corporate community participated in The Hour of Code. To those who visited classrooms, thank you! Telling students about the exciting careers in computer science not only inspires leaders of tomorrow, but it also leads to more graduates equipped to innovate

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Analytics

Fiona McNeillDecember 10, 2014 0

Don’t Second Guess – Depend on Prescriptive Analytics

I don’t know why I’m on this medical theme lately – maybe it’s because my parents are aging. They talk about bits falling off, take lots of naps and describe how body parts don’t work like they used to. They’ve gone to pre-packaged pills – dividing up their medications by

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Analytics

Jeremy RacineDecember 8, 2014 0

Early identification and treatment of mental illness is critical

Last week I discussed factors that threaten access to mental health care. However, better access to care doesn’t always mean better quality of care. Overworked mental health professionals and overcrowded ERs are forced to expend efforts and limited resources where they have the most impact. This forces compromises in care.

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Analytics

James EnochDecember 3, 2014 0

Top 20 Procs in SAS University Edition

SAS University Edition has been available for free download for six months – in that time we’ve seen 50,192,670 PROCs or DATA steps executed globally – that’s almost 4,000 hours duration! Now, we were founded on stats so we thought we’d bring you some of the key metrics we’ve discovered over

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Advanced Analytics | Analytics

Mike GillilandDecember 2, 2014 0

SAS forecasting and econometrics "tip of the week"

SAS Support Communities provide a forum in which to engage and share with your fellow SAS experts, now in over 20 topic areas including Forecasting and Econometrics. This is the go-to website for your hard core modeling questions, such as "Holdouts in PROC ARIMA," "2-stage Heckman (1979) procedure," and the

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Advanced Analytics | Analytics

Mike GillilandDecember 2, 2014 0

Foresight/SAS webinar December 3: Getting real about uncertainty

Just a reminder that on Wednesday, December 3, 10:00am ET, Paul Goodwin will be delivering the next Foresight/SAS Webinar on "Getting Real About Uncertainty." From the description: Many forecasts only tell us about things like probable events, expected sales and prospective demand. Often they tell us nothing about the level

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Advanced Analytics | Analytics

Mike GillilandNovember 26, 2014 0

IBF blog series on Forecast Value Added

Calling All Forecasters Have you tried Forecast Value Added analysis? What did you find out? Are you willing to share your learnings (at least those that can be revealed publicly)?Would you like to be featured in a new blog series on FVA, published by the Institute of Business Forecasting? The IBF was

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Analytics

Jeremy RacineNovember 25, 2014 0

Lack of access to mental health care becoming a crisis

A lack of mental health professionals is pushing the US mental health system to a crisis point. And even if a psychiatrist commits someone to a facility, there may not be a bed for them. A startling 55 percent of all US counties have zero psychiatrists, psychologists or social workers

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Advanced Analytics | Analytics

Mike GillilandNovember 24, 2014 0

Lancaster Centre for Forecasting survey

Can you spare a few minutes to assist researchers at the Lancaster Centre for Forecasting? We have been commissioned by the European Journal of Operational Research to write a review article on Supply Chain Forecasting. In undertaking this task, we would like to ensure that the topics covered reflect the priorities

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Analytics | Data Management

Suzanne ClaytonNovember 24, 2014 0

Be proactive. Be a trailblazer with data.

For many industries, big data analytics have opened numerous doors for more employees to be groundbreaking and to challenge the corporate status quo. Prior to big data technologies, risk taking behaviors were primarily reserved for provocative souls who stretched organizational boundaries to disrupt industries, such as airline revenue management. There were winners and losers

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Analytics | Data Visualization

Lloyd GobblerNovember 22, 2014 0

Thanksgiving data visualization from the White House turkey

Well, this is a kick to the giblets. I assumed when I was summoned to the White House it was in recognition of my tireless advocacy for turkey rights. I wasn’t expecting a press conference in the rose garden or anything, just a meet and greet with the prez and

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Analytics | Fraud & Security Intelligence

Jen DunhamNovember 21, 2014 0

The enemy within: When trusted access turns into insider threat

Not all fraud originates from the dark underground of criminal enterprises. In fact, fraud could literally be right under our noses, or in the cubicle next to us. The “Insider Threat” has many names – internal fraud, occupational fraud, even espionage – and uses authorized internal access and knowledge to

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Analytics

Jon LemonNovember 21, 2014 0

Four-step approach to government fraud detection

Every day there are news stories of fraud perpetrated against federal government programs. Topping the list are Medicaid and Medicare schemes which costs taxpayers an estimated $100 billion a year. Fraud also is rampant in other important federal programs, including unemployment and disability benefits, health care, food stamps, tax collection,

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Analytics | Fraud & Security Intelligence

John StultzNovember 20, 2014 0

Is predictive analytics misguiding your fraud detection efforts?

When it comes to fraud detection and risk mitigation, predictive modeling has earned a reputation as the “heavy hitter” in the realm of data analytics. As our celebration of International Fraud Awareness Week continues, I would challenge our readers to ask themselves this question, “Is the reliance upon predictive analytics

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Analytics | Data Visualization

Robert AllisonNovember 18, 2014 0

Hey! Where have you been?!?

There's recently been a "States I've Visited" application going around on Facebook, where users create a map showing all the US states they've visited, and then post it on their page for their friends to see. I wondered if SAS could do a better job?... Here's a screen-capture of one

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Analytics | Fraud & Security Intelligence

Ricky D. Sluder, CFE

Ricky D. Sluder, CFENovember 18, 2014 0

Data Mining: A Medicaid Fraud Control Unit's best weapon in the fight against health care fraud

On a cold and wet December morning in 2008, at approximately 1:30 AM, I pulled into the parking lot of an abandoned supermarket in Arlington, TX. With sleet pelleting my windshield, I saw three additional sets of headlights enter into the parking lot from different directions. All three cars converged

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Government | Health Care

Advanced Analytics | Analytics | Data Visualization

Renato LuppiNovember 18, 2014 0

Yes, we have analytics: the brain game

Many vendors claim they have analytics, and a lot of users have embraced the belief that analytics is the way to go. But what does analytics really mean, especially to business users without statistics backgrounds, and how much do they need to know about analytics to be able to make

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Analytics | Fraud & Security Intelligence

Shaun BarryNovember 18, 2014 0

A prescription for fraud: The hidden connection between drug abuse and fraud

All of us are familiar with common fraud types. Insurance fraud, credit card fraud, identity theft, and tax evasion are among the most recognized areas. But, there are many other fraud types that have a big impact on our daily lives, yet receive little attention in the media and among

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Analytics | Customer Intelligence

Leo SadovyNovember 18, 2014 0

Customer Relations by Walking Around

Perhaps nowhere is the saying “time is money” more true than in the construction industry. There is no better indicator of project cost and budget over/underrun than the number of days on-site. Reducing that number has a near 1:1 relationship with cost cutting, so it’s no wonder that days on-site

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Advanced Analytics | Analytics

Mike GillilandNovember 14, 2014 0

Gaming the forecast

Business forecasting is a highly politicized process, subject to the biases and personal agendas of all forecasting process participants. This is why many -- perhaps most -- human adjustments to the forecast fail to make it better. And this is why relative metrics, such as FVA, are so helpful in

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Advanced Analytics | Analytics

Steve PolilliNovember 14, 2014 0

Forecasting: Crystal ball or competitive edge?

Perhaps forecasting is a little of both, crystal ball and competitive edge. It’s a crystal ball of sorts because it helps leaders get answers to questions like, “How many? Or, “How much?” to decide what actions best help the business. And it’s definitely a competitive edge when it results in

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Analytics | Data Visualization

Robert AllisonNovember 14, 2014 0

Are patent trolls finally on the decline?

Are you a legitimate hard-working company that has been threatened with a lawsuit, by a patent troll? If so, the graphs in this blog should make you happy! Speaking of 'happy' and 'troll' - here's a picture of a happy Troll Doll from my friend Hannah. Don't you just hate

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Analytics | Fraud & Security Intelligence

Greg HendersonNovember 13, 2014 0

It’s beginning to look a lot like International Fraud Awareness Week

For most people, this time of year means celebrating cherished, personal traditions… helping those less fortunate…flocking to stores in droves…the company holiday party… For the SAS Security Intelligence team, it means identity theft…benefits fraud…unemployment insurance fraud...insider threats. Why? Because next week is International Fraud Awareness Week! And we’re celebrating by

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Government | Health Care

Analytics | Fraud & Security Intelligence

Carl HammersburgNovember 12, 2014 0

The Medicaid Fraud Epidemic - Can We Still Save the Patient?

There are times when I harken back to the classic television show M.A.S.H. For those of you too young to remember, the story centered around a mobile Army surgical hospital in the midst of the conflict in the Korean peninsula. While they weren't the first people to see the patient, the unit

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Advanced Analytics | Analytics

Mike GillilandNovember 11, 2014 0

Getting real about uncertainty

In his Spring 2014 article in Foresight, Paul Goodwin addressed the important issue of point vs. probabilistic forecasts. A point forecast is a single number (e.g., the forecast for item XYZ in December is 635 units). We are all familiar with point forecasts, as these are what's commonly produced (either

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Advanced Analytics | Analytics

Mike GillilandNovember 11, 2014 0

SAS Summer Fellowships in Forecasting and Econometrics

The Advanced Analytics division of SAS Research & Development has announced three Summer Fellowships in the areas of Forecasting and Econometrics. The SAS forecasting fellowships are open to doctoral candidates in mathematics, statistics, computer science, and related graduate departments in the United States. They offer the opportunity to work closely

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Analytics | Fraud & Security Intelligence

Carl HammersburgNovember 7, 2014 0

Fraud is in the Air, Everywhere I Look Around

It's time for a fall fraud roundup. Bad deeds swirl around like so many dry leaves, and I'd like to highlight a few of them this week. It can happen anywhere, even in sports, and no, I'm not picking on those shoplifting Dallas Cowboys here. An MLS referee was suspended for workers' compensation

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Government | Health Care

Analytics | Data Management | Internet of Things

Suzanne ClaytonNovember 6, 2014 0

Big data without analytics is just data

Data has value IF you can analyze it, said participants at a big data analytics roundtable at the Premier Business Leadership Series in Las Vegas. In attendance were executives from some of the largest Communications companies in the world including from the US, Canada, Turkey, Japan, Australia and the Philippines as well

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