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beyenetwork

Predictive analytics – some tips

March 5, 2010

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In a great post on 8 things to keep in mind on predictive analytics, some folks from Diamond Management & Technology laid out some things to keep in mind that I really liked. Here they are with my comments – you can get more detail on each from the series of posts [...]

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In-database analytics – a white paper

February 25, 2010

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My co-author on Smart (Enough) Systems, Neil Raden, has written a great white paper on in-database analytics that is available from Sybase – Analytics from the start. This paper introduces the key concepts, discusses some of the key issues (our book contains more tips in this area) and describes some strong case examples. [...]

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Coming soon – Predictive Analytics World

February 2, 2010

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Predictive Analytics World, February 16-17, 2010 at the Palace Hotel in San Francisco is turning into the biggest yet. I am going to be speaking on analytic journeys and giving a workshop on putting predictive analytics to work and there are some great keynotes from Andreas Weigen (ex-amazon.com), Kim Larsen (Charles Schwab) and [...]

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Business Analytics in Operations

January 26, 2010

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I am working with the folks at B-eye Network and sponsors Oracle, SAS, Aha!, Adaptive and Fuzzy Logix on some research – Business Analytics: Putting Analytics To Work.There is growing interest in the power of analytics, especially predictive analytics, to improve business operations. The use of data mining and analytic techniques in operational [...]

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Operational Analytics survey

January 13, 2010

As part of some research on operational analytics I am doing for BeyeNetwork we have developed and posted a survey – please go to http://www.zoomerang.com/Survey/?p=WEB22A3HRGXRBS and take it. It shouldn’t take you long and you can fill out a request to get the results.

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Where to start with analytics?

January 6, 2010

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One of my google alerts pointed me to this thread on Oracle’s discussion forums OTN Discussion Forums : Text Mining Dictionary …. I got the alert because one of friends at Oracle responded to the question “Where to Start?” by quoting the book (Smart (Enough) Systems) I wrote with Neil Raden:
Wrong: Catalog everything [...]

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Some thoughts on advanced analytics in 2010

December 21, 2009

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James Kobielus had a nice list of Advanced Analytics Predictions For 2010 over on the Forrester blog. As usual James is thought provoking with some interesting predictions. Let’s start with the one’s with which I agree most strongly.

Advanced analytics sinks deep roots in the data warehouse
Absolutely. In database/in warehouse analytics will become more [...]

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Your movements speak for themselves

December 11, 2009

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Jeff Jonas had a great post on his blog recently, Your movements speak for themselves: Space-Time Travel Data is Analytic Super-Food! in which he made the point that:
Mobile devices in America are generating something like 600
billion geo-spatially tagged transactions per day.
With such huge volumes involved, this information is only going to be useful [...]

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Predictive analytics – in Excel of all places

December 10, 2009

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My friends at Zementis have just launched support for executing predictive analytic models in Excel – check out Predictive Analytics at your fingertips: Scoring data in Microsoft Office Excel. While not, exactly, a high-volume transaction environment, Excel is an interesting place for executing predictive models and I like the way the folks at [...]

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Predictive analytics panel at Business Analytics Summit

November 16, 2009

I hosted a panel last week on predictive analytics at the Business Analytics Summit. I was joined by Richard Boire of the Boire-Filler Group, Jean-Paul Isson of Monster.com and Michael Berry of Data Miners (and author of Data Mining Techniques, one of my favorite Data mining books). I asked a series of questions and we [...]

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KPI framework for a competitive edge

November 12, 2009

I am hosting a panel on Predictive Analytics at the Business Analytics Summit and I got a chance to attend a session beforehand where Dave Stodder presented on performance management and Key Performance Indicators.
Dave began by emphasizing that performance management is both a business and IT issue and that it needs to [...]

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New BeyeNetwork Radio Show

November 10, 2009

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I participated in BeyeNetwork’s Radio Show this morning and we had some interesting discussions around analytics and in-memory analytics. Check out the recording of our discussion on business analytics, in-memory databases and the BI maturity curve: http://www.b-eye-network.com/listen/12070

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Analytics in the executive suite – a #PBLS panel

October 28, 2009

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I am at the Premier Business Leadership Series, SAS/BetterManagement.com’s event, and I got to attend a great panel on Analytics in the Executive Suite. Barbara Pindar of Aeropostale, Eric Webster of State Farm Insurance, Cameron Davies of Disney and Keith Collins of SAS made up the panel. Each panelist gave [...]

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Some interesting SAS-Teradata news

October 27, 2009

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I am spending some time with SAS this week and I was struck by a couple of announcements related to the ongoing SAS/Teradata partnership. First, the two companies have partnered with Elder Research to create a Business Analytics Innovation Center. This will both pilot new analytics (something at which John and his team [...]

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An analytic minute (or two)

October 20, 2009

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A little while back I got to spend a few minutes talking about analytics and optimization with Jack Mason of IBM. He posted the resulting video over on the Smarter Planet blog. Enjoy.
I am at Predictive Analytics World today so this is nice and timely. Look for some posts today on analytics.

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Boosting results or reducing costs with lift curves

September 22, 2009

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I have been thinking about lift curves this week (no, really, this is the kind of thing I think about) and I thought it was worth spending a post describing them and their value.
Before I actually talk about a lift curve I need to give you a little background. The purpose of a [...]

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Two more dimensions of analytic speed

September 15, 2009

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Curt Monash has been Thinking About Analytic Speed over on The Intelligent Enterprise Blog and makes some good points about the different kinds of analytic speed. One area I find lots of confusion in discussions of analytic speed that Curt does not touch on is the difference in time to build an analytic [...]

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Information led transformation with decision management

September 10, 2009

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I have been following the recent IBM announcements on analytics closely and have been struck by the increasingly decision-centric point of view being expressed. First there was the business analytics and optimization announcement with its focus on “action support” not “decision support”. The new analytic appliances with their focus on making it easier [...]

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IBM, SPSS and a sea change in decision management

August 25, 2009

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I was attending IBM’s launch of its analytic appliances when it announced its intent to acquire SPSS. I did not get a chance to write much more at the time but I did not want to let the opportunity pass completely.I think the announcement represents a sea change in the decision management [...]

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Personalize customer relationships by personalizing decisions

July 28, 2009

Syndicated from BeyeNetwork
David Vergara wrote a nice piece over on Target Marketing recently – Use effective segmentation with predictive analytics to personalize customer relationships. David does a nice job of outlining the steps involved in a segmentation modeling, a key area for data mining and predictive analytics.
To adopt analytics to personalize customer relationships, however, I [...]

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