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Analytics

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

Advanced Analytics | Analytics

Mike GillilandOctober 9, 2014 0

Foresight/SAS webinar October 30 on temporal aggregation

On Thursday, October 30, 11 am ET, Aris Syntetos delivers the next installment of the Foresight/SAS Webinar Series, "Forecasting by Temporal Aggregation." Based on his article in the Summer 2014 issue of Foresight, Aris provided this preview: When we attempt to improve forecast performance we usually consider new or alternative forecasting

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Advanced Analytics | Analytics

Mike GillilandOctober 8, 2014 0

Significant Digits in Business Forecasting

My favorite dog trick is the group hug. This is achieved by taking a dog's bad habit (rising up on strangers who don't really want a 70# dog rising up on them), and "flipping it" into something cute and adorable. It's all a matter of controlling perception, and that is

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Analytics

Carl FarrellOctober 8, 2014 0

Fighting fraudsters

You might assume that a battle-tested businessman with a gruff exterior and a taste for salty language lacks an inner child, but you’d be wrong. Exhibit A is this little-known fact: I have a soft spot for animated Disney movies. Now, I could try to bluff a bit and say

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Analytics

Aiman ZeidOctober 8, 2014 0

Why organizational maturity matters

I wrote “Business Transformation” to guide leaders through a journey to transform their organizations. I included methodologies and examples gathered throughout my 29-year consulting career to assist them. Every executive and leader focuses on how to use resources to produce value. Of course, value can be defined in many terms

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Analytics

Jeremy RacineOctober 7, 2014 0

An analytic approach to improving mental health access, quality and costs

Part 1: The challenge and the opportunity Mental illness continues to profoundly affect the nation’s population and, for the most part, remains greatly under analyzed. This is the first entry in a series about the mental health problem in the US, and how an analytic approach can improve care for

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Analytics | Data Visualization

Anand ChitaleOctober 5, 2014 0

Self-service and approachable analytics: Key for next gen business users

One of the hottest trends today in the business intelligence and analytics spaces is “self-service.” The word self-service is thrown around lightly in many situations and often carries different expectations for different people and organizations. Before we go into the details of self-service analytics it is important to have a

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Analytics | Data Visualization

Robert AllisonOctober 3, 2014 0

Which cars get the most speeding tickets?

Is the type of car you drive more likely, or less likely, to get a speeding ticket? Let's analyze some data to find out! Do red cars attract more attention from the police, and get more tickets? How about cars with a 'racing stripe'? Or cars with a big chromed motor,

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Analytics | Data Visualization

Robert AllisonOctober 2, 2014 0

Analysis of credit scores, and automobile loans

Have you heard the old saying that "Banks only loan money to people who don't need it"? Let's analyze the data and see if that is true!... I'm very much a car-guy, and I love learning about all the new vehicles, and love the new-car feel ... and even the smell. It's hard to not like a

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Advanced Analytics | Analytics | Customer Intelligence | Data Management

Alan LipsonSeptember 30, 2014 0

Get your house in order to cash in on retail’s omnichannel promise

Would you build a house without a proper foundation? Most of us wouldn’t dare, but that’s exactly what many retail businesses are doing today. When building a house, if you don’t get the foundation right, paint, wallpaper and fixtures won’t matter much. It’s no different in the retail industry. Success

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Analytics | Customer Intelligence

Ana MilicevicSeptember 26, 2014 0

Data and analytics in sports: three things to consider

It’s a great time to be a sports fan – and an even better time to be a sports and data fan as these two worlds continue to meld together. For the last couple of years nearly every conversation about sports, analytics or both had to have at least one

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Sports & Entertainment

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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