Posts tagged as:

data

BI 2010 – Some thoughts on data quality and governance

February 23, 2010

Several sessions this afternoon on data quality and governance. Rather than blogging these separately, here are some thoughts:

Great illustration of data quality problem having a business impact – bad data led a Telco to prepare a large CapEx project to add bandwidth capacity but a physical inspection showed plenty of actual capacity. Bad data had [...]

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Business Analytics in Operations

January 26, 2010

Syndicated from BeyeNetwork
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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Book Review – Analytics at Work

January 26, 2010

I received a pre-release copy of Tom Davenport’s new book Analytics at Work: Smarter Decisions, Better Results. The book is a follow-on to Competing on Analytics (reviewed here) and is a shorter, pithier book than its predecessor. Once again Tom collaborates with Jeanne Harris and this time Robert Morison of the Concours group. Where the [...]

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Webinar – big data in the cloud #cloud

January 5, 2010

My friends over on SmartData Collective (where this blog is syndicated) have an interesting webinar coming up on “Risks and Rewards of Big Data in the Cloud”. Intended to address the reality of data warehousing in the public cloud, it’s on January 13, 2010 1 PM EDT / 10 AM PDT. Register for The [...]

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Your movements speak for themselves

December 11, 2009

Syndicated from BeyeNetwork
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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A decisioning elevator pitch

November 24, 2009

Syndicated from ebizQ
So you’re the CIO of a Fortune 500 company and you step into an elevator with your CEO. He asks why the board should approve your seven figure Decision Management budget request. What’s your “elevator pitch” for decisioning?

Is it that decisioning can change the basic assumptions of your business – decoupling growth, revenue [...]

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Early results from the Rexer data mining survey

November 23, 2009

Karl Rexer of Rexer Analytics sent me a note the other day about some early results of the 3rd Annual Data Miner Survey in the Spring of 2009.  Like the previous surveys (I blogged about the 2008 survey), it  examined data miners’ algorithms and tools, opinions and views, types of data analyzed, challenges encountered, and [...]

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Analytic truth and myth

November 19, 2009

Alison Bolen posted a nice list of analytic truths, or perhaps myths, on the SAS blog today and asked what people thought. I was, of course, unable to resist:

To make analytics successful, the CEO has to have a personal interest in it. MYTH
While it is true that the only companies I see who have made [...]

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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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New BeyeNetwork Radio Show

November 10, 2009

Syndicated from BeyeNetwork
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

Syndicated from BeyeNetwork
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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SAS customers and optimization

October 27, 2009

Next up in my SAS day was a panel on optimization. Bobby Hull of BGF Industries and Bill Nowicki of the Carolina Hurricanes were joined by Larry Mosiman of SAS on a panel hosted by Tammi Kay George. BGF is a leader in high-end composites and textiles. The Carolina Hurricanes, of course, are an NHL [...]

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Enterprise Application 2.0

August 24, 2009

As organizations try to achieve agility, productivity and efficiency they often look to new technologies, new approaches to change the status quo. But when it comes to information systems, most large enterprises have an electronic backbone of legacy enterprise applications. Whether packaged or custom developed, these are “1.0″ enterprise applications. Or, more bluntly, dumb applications. [...]

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Predictive analytics turn uncertainty into usable probability

July 31, 2009

Syndicated from ebizQ
Following on from yesterday’s post on analytics, let’s talk about predictive analytics. Another phrase I picked up while working at FICO was this one:
Predictive analytics turn uncertainty about the future into usable probability
Again, I don’t know if the phrase originated there or was just in common usage but it always struck me as [...]

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Analytics simplify data to amplify its value

July 31, 2009

Syndicated from ebizQ
With IBM’s announcement this week that it was acquiring SPSS I have been talking to a lot of folks about analytics. Analytics is one of those topics that is often on the edge of what IT people know so I thought a couple of posts on analytics might be useful.
Now analytics can mean [...]

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Analytics – the dark side?

July 21, 2009

Syndicated from BeyeNetwork
Oz Analytics – The Darker Side Of Analytics was an interested little post discussing the risk of using analytics to, in this case, to profile potential criminals based on past behavior. The use of analytics to predict crime and criminals is certainly growing and, as Steve said in his post, you have to
wonder [...]

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Update – illumuniate

July 21, 2009

Since I last got updated on illuminate (see the first look on i-lluminate) they have been focusing on their business model. While illuminate is a general purpose database they have been focusing on data warehousing as an initial market– with business analytics applications to follow. The data warehouse market has various segments based on size. [...]

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Top 10 mistakes on data mining – on YouTube!

July 10, 2009

Syndicated from BeyeNetwork
John Elder of Elder Research is well known in data mining circles and speaks/teaches regularly. Not only has John recently released a new book (Handbook of Statistical Analysis and Data Mining Applications), he has now released his great seminar on the top 10 mistakes in data mining on YouTube! Highly recommended for anyone [...]

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The election in Iran and some real data analysis

July 2, 2009

Syndicated from BeyeNetwork
In 2005, Mr Ahmadinejad got 17 million votes and in 2009 he got 24 million.
The question is, where did all those extra votes come from?
The answer, according to this study, is not at all clear.
I don’t write political or personal posts and, despite first appearances, this is not one either. When I saw [...]

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First Look – Lyza

June 10, 2009

I got a chance to see Lyzasoft’s new product in action recently. Lyzasoft aims to provide a desktop product for business people to do analysis that can seamlessly scale up, unlike (say) spreadsheet based analysis. The product is based around a column store.
Workbooks are the core metaphor and these are used to assemble flows. Data [...]

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