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Featured Blog Posts – May 2009 Archive (13)

#12: Here's a thought...

An occasional series in which a review of recent posts on SmartData Collective reveals the following nuggets:



Thinking macro vs. micro on social media

While I couldn’t think of any good ones off the top of my head, a thought about marketing on social media crossed my mind. The ability to allow your brand to take an occasional hit on the micro level, in order that it will have more success on the macro level, is exactly what companies need to do on social… Continue

Added by Brian Roger on May 31, 2009 at 8:03pm — No Comments

#11: Here's a thought...

An occasional series in which a review of recent posts on SmartData Collective reveals the following nuggets:



The eternal quest: better data

Data governance and data quality are often the domain of data quality vendors, but any technology that can help your quest to achieve better data is worth exploring. Rather than fixing up data after it has been corrupted, it’s a good idea to use preventative technologies to stop poor data quality in the first… Continue

Added by Brian Roger on May 25, 2009 at 1:35pm — No Comments

New Inference for R update

We’re pleased to announce a new update (Version 3.0.2) to Inference for R. This update includes the following:



• Support for R 2.9

• Support for running Inference for R on 64-bit (x64) versions of Windows XP and Windows Vista



If you're a user of R 2.9 or 64-bit Windows, you should download a new version today. We’re offering extended trial license keys to anyone who would like to try this updated version. You may request an… Continue

Added by Ben Hinchliffe on May 22, 2009 at 11:37am — No Comments

For all of you out there interested in Liquidity Risk Analytics (of the Market type)

When you are analysing liquidity risk you have to be aware that there are two classes of the phenomenon, its akin to the demand and supply side of an equilibrium really, with Funding Liquidity (FL) effectively modelling institutional demand for money and Market Liquidity (ML) effectively modelling supply of liquidity. Balance them both and you have the price of liquidity for your institution. See my SAP B2P2 WP for a literature review which summarises this classification neatly I… Continue

Added by John A Morrison on May 19, 2009 at 2:44am — No Comments

The Point of Stress Testing and How to do it!

This is a summary of links to IP already on the asymptotix website (and my related blog on Analytic Bridge) alongside references to Revolutions, the world leading blog of material on R and REvolution Computing from David Smith at REvolution Computing. One or two of the older references are direct links to material in the public domain and may duplicate some of the summary references on the asymptotix site.







I have split the references between 3… Continue

Added by John A Morrison on May 19, 2009 at 2:34am — No Comments

#10: Here's a thought...

An occasional series in which a review of recent posts on SmartData Collective reveals the following nuggets:



“Intelligent” decision-making

If a predictive analytic model turns uncertainty about how a particular customer (or supplier or partner) will behave in the future into a usable probability, then you can act based in part on that probability. In other words you can specify some rules that use the probability in deciding what action to take next. This kind of… Continue

Added by Brian Roger on May 18, 2009 at 12:26pm — No Comments

#9: Here's a thought...

An occasional series in which a review of recent posts on SmartData Collective reveals the following nuggets:



It doesn’t have to be that way

Ideally, corporate restructuring means establishing a process to allow organizations to continue their operations using their existing systems. IT systems reconciliation simply cannot get in the way of running business operations. All too often, the answer is, “Replace their systems with ours.” This statement means that the new… Continue

Added by Brian Roger on May 10, 2009 at 5:43pm — No Comments

TWITTER takes off with Hudson River AirBus "landing" & SWINE FLU early Prediction by Veratect Inc.



Photo of US Airways Flight 1549 after crashing into the Hudson River in New York City, United States, January 15, 2000. Photo taken and uploaded to Flicker.com as a Creative Common License, within minutes of the crash landing. Traditional news media did not arrive until about 45 minutes later.



Citations:

1. http://www.flickr.com/photos/[email protected]/3200086900

2.… Continue

Added by StatSoft, Inc - STATISTICA on May 8, 2009 at 11:04am — 1 Comment

How to traction the European Commission Structural Economic Model of the EU for Stress Testing

Over the last two months in particular, I have become interested in the integration of Low Dimensional Factor Modelling with Structural Modelling (nowadays referred as DSGE or Dynamic Stochastic General Equilibrium (models)). You can see many references to my growing interest in this topic in this blog and in my corporate blogs over on; http://www.asymptotix.eu/blogs



The recent publication of the Spring Forecasts by the Directorate… Continue

Added by John A Morrison on May 7, 2009 at 12:10am — No Comments

Rogue Wave Software Acquires Visual Numerics

Creates a leading commercial vendor of cross-platform, embeddable software libraries



BOULDER, Colo., May 5, 2009 - Rogue Wave Software, Inc., a Battery Ventures portfolio company, today announced that it has acquired Visual Numerics, Inc., a privately held advanced analytics software company based in Houston, Texas.



For more than three decades, Visual Numerics has provided numerical analysis and visualization software solutions that help users understand complex data from… Continue

Added by Vincent Granville on May 6, 2009 at 3:38am — No Comments

#8: Here's a thought...

An occasional series in which a review of recent posts on SmartData Collective reveals the following nuggets:



There’s more to analytics than…

Although understanding data and developing statistical models is certainly an important component of an analytic project, this is just one aspect of analytics. This aspect includes cleaning data, enriching data, exploring data, developing features, building models, validating models, and iterating the process. From a broad… Continue

Added by Brian Roger on May 3, 2009 at 10:35pm — No Comments

Swine Flu Virus Detected Earlier Via Data Mining Techniques

Kirkland firm noted outbreak in Mexico early



Weeks before the Centers for Disease Control and the World Health Organization alerted the public to a growing number of swine flu cases, a startup based in Kirkland already had a hunch something was up. Veratect Inc., a 2-year-old company with fewer than 50 employees, combines computer algorithms with human analysts to monitor online and offline sources for hints of disease outbreaks and civil unrest worldwide



By Jessica… Continue

Added by Vincent Granville on May 3, 2009 at 10:30pm — No Comments

The First Question for ADAPA® is always "What about security?" on Cloud Computing

ADAPA® Predictive Analytics Scoring Engine - Security on Amazon EC2?



Many of our customers ask: “What about security on the Amazon EC2 Cloud?” Security is always the first consideration. The short answer is "yes."



The security processes implemented by Amazon Web Services (AWS) are outlined in the AWS Security Whitepaper. In addition to the various… Continue

Added by Ronald J. Ramos on May 1, 2009 at 3:57pm — No Comments

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