Share with your friends










Submit

Analytics Magazine

Tag "business intelligence"

Eyes on the road: How automated analytics, not dashboards, help you detect significant business incidents

Car dashboards are simple visual indicators of a complex machine with many parts that performs a high-stakes task in a context of many overlapping, conflicting rules and goals: personal convenience, safety, minimum travel time, courtesy to other drivers and so on. The speedometer, perhaps one of the most important indicators, serves one key purpose: to show how fast you’re going, mainly so you avoid getting a ticket. Often the biggest indicator on the display, its job is not to teach the physics of motion or of many-body collisions (although if you stare only at the speedometer, you will certainly gain firsthand experience in the latter), but to give you just enough information to remain compliant with one of the main rules of the road.

Read Full Article

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.

Read Full Article

Making analytics work through practical project management

    Making analytics work through practical project management

On one end of the spectrum, labeled “Do Stuff,” organizations focus on action taking, a laissez-faire approach to project management, with little documentation and loosely defined deliverables, timelines and budgets. On the other end, labeled “Buttoned Up,” organizations take a disciplined approach to planning, monitoring and executing projects, with documentation and carefully defined deliverables, schedules and budgets. This approach is common among consulting groups by necessity, since clients insist on having answers to the 3 key questions of project management: what is to be delivered, when and at what cost?

Read Full Article

Forum: A conceptual framework for BI/analytics strategies

Business intelligence (BI) and analytics programs are among the “hottest” curricula being developed at universities and colleges worldwide. Definitions vary on what entails business intelligence or analytics, and there doesn’t seem to be a universal BI/analytics conceptual framework that is being used by organizations and universities to develop their BI/analytics strategy and associated roadmap. To provide some clarity and based on research and best practices in the field, I developed the BI/Analytics Conceptual Framework as shown in Figure 1.

Read Full Article

Marketing Metrics: Leveraging predictive analytics to estimate customer lifetime value

    Marketing Metrics: Leveraging predictive analytics to estimate customer lifetime value

Customer lifetime value (CLV) is not a new tool for marketers. Its application has been used for decades to understand a customer’s financial value.

Read Full Article

Predictive Modeling: ‘Ensemble of Ensemble’

    Predictive Modeling: ‘Ensemble of Ensemble’

November/December 2015 Meet the new nominal in predictive modeling By Anindya Sengupta Accurate prediction of the future is the most

Read Full Article

C-suite executives see ‘uberization’ as main threat

    C-suite executives see ‘uberization’ as main threat

The trend of “uberization” or industry disruption caused by an unlikely competitor has become a dominant concern of the C-suite, finds a new IBM study. In just two years, the percentage of C-suite leaders who expect to contend with competition from outside their industry increased by more than a quarter, rising from 43 percent in 2013 to 54 percent today.

Read Full Article

SAS named a top employer in Russia

High levels of engagement, from rank-and-file employees all the way up to senior management, naturally result when you combine excellent working conditions, trust in management, an impeccable reputation in the market and good prospects for career growth and learning. These and other factors helped SAS Russia/CIS achieve a No. 3 ranking on the list of “Best Employers in Russia” for 2013.

Read Full Article

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.

Read Full Article

Survey: Huge gap between IT pros and BI users

When it comes to how information technology professionals view users of business intelligence (BI), most think users have little knowledge of BI projects, often don’t know what they want from BI, are unschooled on BI technology and practices, yet tend to be very adamant about their BI needs, according to a recent survey by LogiXML, a pioneer of Web-based BI software.

Read Full Article


Headlines

Fighting terrorists online: Identifying extremists before they post content

New research has found a way to identify extremists, such as those associated with the terrorist group ISIS, by monitoring their social media accounts, and can identify them even before they post threatening content. The research, “Finding Extremists in Online Social Networks,” which was recently published in the INFORMS journal Operations Research, was conducted by Tauhid Zaman of the MIT, Lt. Col. Christopher E. Marks of the U.S. Army and Jytte Klausen of Brandeis University. Read more →

Syrian conflict yields model for attrition dynamics in multilateral war

Based on their study of the Syrian Civil War that’s been raging since 2011, three researchers created a predictive model for multilateral war called the Lanchester multiduel. Unless there is a player so strong it can guarantee a win regardless of what others do, the likely outcome of multilateral war is a gradual stalemate that culminates in the mutual annihilation of all players, according to the model. Read more →

SAS, Samford University team up to generate sports analytics talent

Sports teams try to squeeze out every last bit of talent to gain a competitive advantage on the field. That’s also true in college athletic departments and professional team offices, where entire departments devoted to analyzing data hunt for sports analytics experts that can give them an edge in a game, in the stands and beyond. To create this talent, analytics company SAS will collaborate with the Samford University Center for Sports Analytics to support teaching, learning and research in all areas where analytics affects sports, including fan engagement, sponsorship, player tracking, sports medicine, sports media and operations. Read more →

UPCOMING ANALYTICS EVENTS

INFORMS-SPONSORED EVENTS

INFORMS Annual Meeting
Nov. 4-7, 2018, Phoenix

Winter Simulation Conference
Dec. 9-12, 2018, Gothenburg, Sweden

OTHER EVENTS

Making Data Science Pay
Oct. 29 -30, 12 p.m.-5 p.m.


Applied AI & Machine Learning | Comprehensive
Starts Oct. 29, 2018 (live online)


The Analytics Clinic
Citizen Data Scientists | Why Not DIY AI?
Nov. 8, 2018, 11 a.m. – 12:30 p.m.


Advancing the Analytics-Driven Organization
Jan. 28–31, 2019, 1 p.m.– 5 p.m. (live online)


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.