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Analytics

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

Analytics

September 24, 2014 0

The New Normal is Strange

The first time I used the Internet it blew my mind. As a diplomat brat, at any point in time everyone I knew was everywhere but where I was. Thanks the miracles of Gopher, Veronica, IRC and email, the tyranny of distance didn’t seem so oppressive any more. When I

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Analytics | Data Visualization

Robert AllisonSeptember 23, 2014 0

SAS on "The Big Bang Theory" TV series!

If you're a SAS user, chances are you're a bit of a science/technology/engineering/math nerd -- and also a fan of The Big Bang Theory. Therefore this SAS analysis on The Big Bang Theory should be right up your alley! Yesterday (September 22) was the start of the 8th season for the TV series,

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Sports & Entertainment

Analytics

Beverly BrownSeptember 19, 2014 0

Searching for signs of life in the universe ... with SAS

Light years from Earth, within the constellation Virgo, two galaxies crashed into one another. Not something you could’ve seen peering into the night sky with the naked eye. We know it happened because astronomers pieced together images from several powerful telescopes to create what CBS News called a “cosmic magnifying

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Analytics

Daniel AunvigSeptember 15, 2014 0

Thinking like the customer: the value in mapping the customer journey

Data-driven marketing is all about how marketers can harness data and analytics to create a more customer-centric, fact-based approach to customer engagement. This, combined with quality execution leads to better customer experiences and improved customer equity. However when looking at customer-brand interactions in silos such as in the call centre

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Analytics | Data Management

Stefan AhrensSeptember 15, 2014 0

What an IT project manager should know about analytics projects

Imagine this situation: You go to you doctor and tell her that "something hurts in the lower chest area." Now, based on this short description of your pain, you expect her to come up with a precise diagnosis and a specific therapy suggestion, including treatment time and associated cost. Sound

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Analytics | Customer Intelligence | Data Management

Leo SadovySeptember 9, 2014 0

The tragedy of overcapacity

Capital investment in production capability is the weakest link in the business value chain. It always has been and likely always will be. It’s the driving force behind the tendency towards cartels, collusion and monopolies. While it can make the first entrant into a brand new market, in the long

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Advanced Analytics | Analytics

Mike GillilandSeptember 4, 2014 0

5 steps to setting forecasting performance objectives (Part 2)

And now for the five steps: 1. Ignore industry benchmarks, past performance, arbitrary objectives, and what management "needs" your accuracy to be. Published benchmarks of industry forecasting performance are not relevant. See this prior post The perils of forecasting benchmarks for explanation. Previous forecasting performance may be interesting to know, but

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Advanced Analytics | Analytics

Mike GillilandSeptember 4, 2014 0

5 steps to setting forecasting performance objectives (Part 1)

It is after Labor Day in the US, meaning we must no longer wear white shoes, skirts, jackets, or trousers. But even if you are now going sans-culotte, it is time to begin thinking about organizational performance objectives for 2015. Setting forecasting performance objectives is one way for management to shine...or

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Advanced Analytics | Analytics

Mike GillilandSeptember 4, 2014 0

Reminder: September 30 deadline for IIF/SAS Research Grants

I wanted to pass along this reminder from Pam Stroud at the International Institute of Forecasters: Grant to Promote Research on Forecasting For the twelfth year, the IIF, in collaboration with SAS®, is proud to announce financial support for research on how to improve forecasting methods and business forecasting practice.

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Analytics | Data Visualization

Robert AllisonSeptember 3, 2014 0

Analyzing the Atlantic Coast Pipeline

Admit it - you were fascinated by the 3D pipes screensaver! How many CPU cycles did we let our machines burn up, drawing and re-drawing those silly pipes!?! What was your personal favorite CPU-hungry screensaver? (let us know in a comment!) Well, speaking of pipes, the proposed Atlantic Coast Pipeline

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Energy & Utilities

Analytics | Data Management

Anne BelderSeptember 3, 2014 0

Data as the most critical asset

Writing my previous post about digital banks got me thinking about the widespread use of analytics. In his book Digital Bank, Chris Skinner states that data should be seen as the most critical asset for digital banks. Actually, this holds true for almost every company nowadays. If you don’t have data of

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Analytics | Data Visualization

Robert AllisonAugust 22, 2014 0

How to show recessions (or other ranges) on a time series plot

It's easy to plot events that happened at a certain time, but what about events that extended over a range of dates, such as recessions? ... This blog post teaches you a nice trick to use for that! Let's say you have a plot of the labor force participation rate

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Banking | Government

Analytics

Prince William at the Controls of a Search and Rescue Seaking Helicopter

Beverly BrownAugust 21, 2014 0

Prince William and other emergency workers can benefit from analytics

Did you hear that Prince William is getting a new job? Next year, he’ll fly emergency helicopters for the East Anglian Air Ambulance. The prince, who’ll donate his salary to charity, called his new gig “one of the finest forms of public service.” The Duke of Cambridge won’t get any

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Analytics

Alison BolenAugust 20, 2014 0

Discuss: hotel reviews, statistical wisdom and confirmation bias

If you read SAS blogs but never click through to the comment sections, you're missing some great information. Need proof? Check out some of these comments from the last few weeks. And then leave one of your own. Kelly McGuire has been studying the effects of negative hotel reviews online.

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Analytics | Data Visualization

Robert AllisonAugust 19, 2014 0

Mapping 206 hospitals in 29 states!

If you're a really big company, with many locations around the country, how do you keep track of all that? ... With a great map, of course! I recently read a CNN article about the Community Health Systems network being hacked - exposing the names, Social Security numbers, physical addresses, birthdays

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Analytics | Data Visualization

Robert AllisonAugust 13, 2014 0

If US state borders were redrawn -- which new state would you live in?

Find out which state you'll live in, if the US state borders are redrawn so we have 50 states with equal population! (Don't worry! - This is just a fun/hypothetical "what if" blog!) To get you in the mood for this topic, here's a picture of one of the many

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Analytics

Leo SadovyAugust 12, 2014 0

Impending Crisis: Analytics for the top-line

I’m sitting here staring at a book on my shelf entitled, “Impending Crisis”. Even knowing the copyright date, 2003, it could still be about any one of several possible crises: healthcare, financial, energy, education, environment. But no, in this case the impending crisis in question is provided by the subtitle: “Too many jobs,

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Analytics

David PopeAugust 4, 2014 0

Analytics is an enhanced oil recovery process

You may have heard the phase that big data is the new oil. Well (pun intended), if that is the case, then analytics should be thought of as the fracking technique used on data to improve the value you get from this new oil. Fracking is actually just one

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Analytics | Learn SAS

Eric RosslandAugust 4, 2014 0

A tale of two administrators

You are the new SAS Administrator. After the initial shock or excitement, you sit back and wonder, “What does that MEAN???” In an enterprise environment there are often divisions of duties. The SAS Intelligence Platform is no exception. Just take a look at the architecture. Just looking at this picture,

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Analytics | Students & Educators

Fritz LehmanAugust 1, 2014 0

Helping the academic community build an analytics army

For those of you who are classic rock fans, you may remember Alice Cooper’s title track “School’s Out for Summer” on the album “School’s Out.” That song captures students’ excitement of a taking a hiatus from the classroom. But for professors, summer is a time to continue their own education

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Analytics | Data Visualization

Robert AllisonAugust 1, 2014 0

Oh buoy! It's time for some Shark Week graphs!

With Discovery Channel's Shark Week starting on August 10, I decided to sink my teeth into some shark-attack data - I even found there were some shark attacks in the Midwestern US! Read on to learn the details... To get you into the shark mindset, here is a photo of an

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Analytics

Gerhard SvolbaJuly 30, 2014 0

Von der Regatta zur intuitiv richtigen Verwendung von Forecasts

Es ist ein lauer Sommerabend im Juli am Neusiedler See. Die Teilnehmer der traditionellen YES-Cup Regatta sitzen bei Bier und Grillkotelette auf der Terrasse unseres Clubhauses. Die Stimmung ist ausgelassen, jeder hat nach zwei ereignisreichen Wettfahrten seine Geschichte zu erzählen. Eine Unterhaltung am Ende unseres Tisches zieht meine Aufmerksamkeit auf

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Analytics | Data Visualization

Robert AllisonJuly 24, 2014 0

When did 'your music' become 'classic rock'

In this blog post, I put some classic rock song data under the SAS Analytics microscope, to see if I could get a better picture of exactly what is considered 'classic rock' these days... Michael Raithel recently pointed me to an interesting article/study about 'classic rock' music, and invited (or is

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Sports & Entertainment

Analytics

Analytics Lifecycle

David PopeJuly 23, 2014 0

Why standard ETL tools are not designed to support analytics

IT folks love SQL (Standard Query Language). Once you know how to program in SQL, you can work with almost any database because it is a standard. However, SQL is NOT a standard for doing analytics. The SAS programming language pre-dates SQL and even though SAS does SQL, SQL does not

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Analytics | Data Visualization

Robert AllisonJuly 22, 2014 0

I see spots ... sunspots!

The sun has gone eerily quiet, in the middle of what should be the height of the 11-year sunspot cycle... Here's a superb photo of some sunspots that Stephen A. Carr posted to the Telescope Addicts Facebook group - a group which I follow with great interest. (Thanks for allowing

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Analytics

Nele CogheJuly 21, 2014 0

Hot hot heat map

Although I’m not particularly excited about football (I admit, I don’t completely understand what offside means), I did follow the last World Cup with more than average attention. Not only for the handsome players, but especially for all the fascinating statistics that appeared. It struck me that heat maps popped

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Analytics

Carl FarrellJuly 21, 2014 0

Energized about energy

I’ve been told I have rocks for brains before, but right now I have rocks on the brain – the kind that are millions of years old and contain precious stores of oil and gas. One reason I have petroleum on my mind is that I’ve just returned from Brazil, where

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Advanced Analytics | Analytics

Mike GillilandJuly 18, 2014 0

Forecasting and supply chain blogs

In the summer heat, when The BFD alone isn't quite quenching your thirst for forecasting know-how, here are several other sources: CatchBlog -- by Steve Morlidge of CatchBull From his 2010 book Future Ready (co-authored with Steve Player), to his recent 4-part series in Foresight dealing with the "avoidability" of forecast

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Analytics | Data Visualization

Robert AllisonJuly 18, 2014 0

Use SAS to help plan your next vacation!

SAS is great at helping make important business decisions - how about helping decide where to take your next vacation?... Here's a picture from one of my favorite vacations with my buddy Joe. As you can see, I like "nature vacations." Can you guess where this one was? (leave a comment with

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