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Tag "data science"

Lessons learned from a decade of B2B eCommerce

    Lessons learned from a decade of B2B eCommerce

For mid-size manufacturers and distributors, and many other B2B (business-to-business) organizations for that matter, eCommerce has become a major challenge for the operation. Despite the early promise of added sales and increased efficiencies, these companies are often experiencing what can only be described as a failure to meet the initial goals and objectives of the eCommerce system itself.

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ANALYZE THIS! Problem-solving: Keep it real with gemba

Some years ago, I got a call from “Frank,” a finance director at a start-up company with a cloud-based software solution. Its platform was hosted by one of the large public cloud providers, and that was why he was calling. “The bills for hosting have been outrageous,” said Frank, who had called me based on a strong referral from a former consulting colleague.

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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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Infographic: Benefits of having a career in data science

Save Save Related PostsData science critical for success, but enterprises slow to respond79New research by Continuum Analytics finds that 96 percent of data science and analytics decision-makers agree that data

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Disarming ‘Weapons of Math Destruction’

    Disarming ‘Weapons of Math Destruction’

Cathy O’Neil, an industry insider and experienced expert, thoroughly covers the sociological downside of data science in her New York Times bestseller and first-of-its kind book, “Weapons of Math Destruction.” In the world of big data, there’s a lot of music to be faced. With all its upside, data science’s deployment risks being prejudicial, predatory, exploitative, buggy, blindly trusted and secretive. And it has the potential to magnify the consumer’s personal economic struggle rather than remedy it.

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Analyze This!: Victimized by WMD

My family and I are spending the second half of my sabbatical in Madrid. We arrived in Spain a couple of weeks ago, and the day we arrived I tried to log in to my bank’s online site to pay my credit card bill.

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Analytics In Action: Illinois Tech hoopsters get an assist from data science program

With Illinois Tech’s men’s basketball team on a roll this season, one assist is coming from the university’s Master of Data Science program.

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ANALYZE THIS! Carefully considering some uncomfortable scenarios

I’ve spent the last few months working with the Human Rights Data Analysis Group. HRDAG has historically focused on unstable regions around the world, scientifically examining data captured by local institutions and grassroots activists to try to discern the truth about the volume and patterns of human rights violations [1]. My work there has been focused on data from Colombia. Over the past several years, HRDAG has done several projects on Colombia, examining deaths, disappearances, torture, sexual violence and violence against union members during the longstanding conflict between armed rebels, criminal organizations and the Colombian government.

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Ada Lovelace: ‘poetical scientist’

    Ada Lovelace: ‘poetical scientist’

Once upon a time, in a kingdom far, far away, a blue-blooded girl was born with one of the most well-known family names in history. Her mother hated her father so much that her mother decided to nurture this little girl as everything opposite to what her father stood for: passion, romance, poetry. And so the mother taught her daughter science, mathematics and logic. The mother would not even let the girl see any portrait of her father till the age of 20!

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Data Lakes: The biggest big data challenges

    Data Lakes: The biggest big data challenges

Many organizations have noticed that the data they own and how they use it can make them different than others to innovate, to compete better and to stay in business. That’s why organizations try to collect and process as much data as possible, transform it into meaningful information with data-driven discoveries, and deliver it to the user in the right format for smarter decision-making. With the right analytics, data can be turned into actionable intelligence that can be used to help make businesses maximize revenue, improve operations and mitigate risks.

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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

What you like in a CEO candidate may not deliver results

Attributes that often get someone hired as CEO may not be the ones that drive success once they are at the helm of the company. That’s one of many provocative insights in a study by consulting firm ghSMART. The study, recently featured in Harvard Business Review, identifies characteristics that differentiate the most effective leaders. Read more →

Paying for online reviews backfires among socially influential

Online user reviews have become an essential tool for consumers who increasingly rely on them to evaluate products and services before purchase. The business models of online review platforms such as Yelp and TripAdvisor and e-commerce sites such as Amazon and Expedia critically depend on them. Should such sites pay users to encourage them to write reviews? Read more →

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