outliers

Here’s how a Decision Management System would manage review fraud

January 30, 2012

My eye was drawn to an article in the New York Time last week – For $2 a Star, an Online Retailer Gets 5-Star Product Reviews.  This article drew attention to the ongoing and growing problem of fake reviews. Like many of us I increasingly rely on reviews on sites like amazon.com or yelp.com to [...]

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Teradata Customer Warner Bros Home Entertainment

April 28, 2010

Thomas Tileston of Warner Bros Home Entertainment (DVDs, games and digital distribution part of Warner Bros) was next talking about their use of SAS and Teradata. He started with a little history as he has been using SAS for 20 years or so.

In the early days analytical data set preparation was 70% of the work [...]

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Detect, prevent, manage claims fraud

April 12, 2010

Insurance claims fraud is a huge deal, with most estimates seeing perhaps 10% of claims made being fraudulent – worth at least $30Bn/year. As a result the value of small improvement is huge. Of course, from my perspective, fraud is one of the classic uses of decision management and predictive analytics. Obviously the current economic [...]

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First Look – Data Applied

January 13, 2010

I got a chance to chat with Data Applied, a new start up that, like Clario (reviewed previously), offers real data mining in the cloud. This product is aimed at business users and is a very data-centric, web-based application for visualization and data mining/deep analysis. They are targeting folks with hundreds of thousands of records [...]

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Malcolm Gladwell and judgment in an age of uncertainty #PBLS

October 29, 2009

Malcolm Gladwell took the stage to present next. Malcolm is the author of some great books (such as Blink, reviewed here, and Outliers). Gladwell began by noting that Vegas seems an odd place to hold a conference on analytics!
His first story was about art – a dealer brings a new statue to the Getty, a [...]

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