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Analytics Magazine

Tag "business analytics"

Data Analysis & Modeling Tools: Leveraging big data for better business decisions

    Data Analysis & Modeling Tools: Leveraging big data for better business decisions

Working with big data is fast becoming a key step in the process of scientific discovery and engineering. This is happening as technologies such as smart sensors and the Internet of Things (IoT) are enabling vast amounts of detailed data to be collected from scientific instruments, manufacturing systems, connected cars, aircraft and other systems.

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Hungry for data, thirsty for time

Organizations of all sizes and types are awash in data possibilities, yet most of them cannot capitalize on the potential for a variety of reasons. The good news, however, is that with the right decisions and focus, these possibilities can turn quickly into realized opportunities.

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See you in Las Vegas!

    See you in Las Vegas!

We hope to see many Analytics Society members in Las Vegas for the upcoming INFORMS Conference on Business Analytics & Operations Research be held April 2-4. As shared in previous communications, the Analytics Society is organizing many exciting events for the conference.

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Data science critical for success, but enterprises slow to respond

New research by Continuum Analytics finds that 96 percent of data science and analytics decision-makers agree that data science is critical to the success of their business, yet a whopping 22 percent are failing to make full use of the data available.

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Golden State Warriors, Accenture team to re-imagine fan experience

    Golden State Warriors, Accenture team to re-imagine fan experience

The Golden State Warriors, GSW Arena LLC and Accenture recently announced a multi-year partnership to reinvent the fan and community experience at Chase Center and the surrounding district. Accenture will begin its relationship with the Warriors this season at Oracle Arena in Oakland, Calif. Accenture will also be a founding partner of Chase Center, the state-of-the-art sports and entertainment complex to be built in San Francisco’s Mission Bay neighborhood, which is planned to open for the start of the 2019-20 NBA season.

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KPMG survey: Just one-third of CEOs trust their D&A

    KPMG survey: Just one-third of CEOs trust their D&A

Just one-third (33 percent) of CEOs have a high-level of trust in the accuracy of their data and analytics (D&A), a new KPMG survey has found, and 29 percent have limited trust or active distrust of their organization’s use of D&A.

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Customer Relationship Management: Cognitive computing for automating customer knowledge

If your customer relationship management (CRM) system could actually think, would Elon Musk and other AI detractors want to kill it?

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TARGIT awarded U.S. patent for business analytics technology

TARGIT, a developer of business intelligence and analytics solutions for businesses worldwide, has been awarded its seventh U.S. patent. The patented hyper-relations technology, which is at the heart of TARGIT’s Decision Suite software, enables users to navigate seamlessly from static reports to dynamic analyses with only a single click.

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MSU program introduces students to analytics using IBM Watson

Michigan State University recently announced a new master’s degree program in business analytics to help prepare students for the jobs of the future. IBM is assisting the program with its analytics software and support for experiential projects where students will apply analytics to real-world business problems. The degree includes coursework in the Broad College of Business and the Colleges of Engineering and Natural Science.

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Big Data, accelerated R&D drive growth in business analytics market

In 2011 the business analytics market extended its post-2009 recovery with another stellar performance by growing worldwide revenues 14.1 percent year over year. International Data Corporation (IDC) forecasts that it will continue to grow at a 9.8 percent compound annual growth rate (CAGR) through 2016 to reach $50.7 billion.

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Analytics Blog

Electoral College put to the math test


With the campaign two months behind us and the inauguration of Donald Trump two days away, isn’t it time to put the 2016 U.S. presidential election to bed and focus on issues that have yet to be decided? Of course not.




Headlines

Survey: Despite the hype, AI adoption still in early stages

The hype surrounding artificial intelligence (AI) is intense, but for most European businesses surveyed in a recent study by SAS, adoption of AI is still in the early or even planning stages. The good news is, the vast majority of organizations have begun to talk about AI, and a few have even begun to implement suitable projects. There is much optimism about the potential of AI, although fewer were confident that their organization was ready to exploit that potential. Read more →

Data professionals spend almost as much time prepping data as analyzing it

Nearly 40 percent of data professionals spend more than 20 hours per week accessing, blending and preparing data rather than performing actual analysis, according to a survey conducted by TMMData and the Digital Analytics Association. More than 800 DAA community members participated in the survey held earlier this year. The survey revealed that data access, quality and integration present persistent, interrelated roadblocks to efficient and confident analysis across industries. Read more →

UPCOMING ANALYTICS EVENTS

INFORMS-SPONSORED EVENTS

2017 Winter Simulation Conference (WSC 2017)
Dec. 3-6, 2017, Las Vegas

CAP® EXAM SCHEDULE

CAP® Exam computer-based testing sites are available in 700 locations worldwide. Take the exam close to home and on your schedule:


 
For more information, go to 
https://www.certifiedanalytics.org.