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Featured Blog Posts – August 2012 Archive (32)

Three Big Insight From Big Data

Modern businesses all need learn how to swim at the sea of big data, to ride the wave, or avoid obstacles, after being through 5 Ws + 1H Big Data Navigation, some Olympic level data champions may gain the insights others can not perceive: 



1. Customer Insight

 

  • Know What Customers Need Before They know…
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Added by Pearl Zhu on August 31, 2012 at 6:00pm — No Comments

Big Data Vendor Landscape

Big Data Vendor Landscape

Companies, products, and technologies included in the Big Data Landscape:

-…

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Added by Michael Walker on August 30, 2012 at 5:57pm — No Comments

Strategic Analytics is critical to Customer Experience Management (CEM)

I recently attended a Light Reading Marketing Roundtable event where Phil Harvey, Light Reading's Editor-in-Chief, discussed the top trends he's seeing in the Communications industry.



I was expecting him to go into traditional, hardware-based trends such as the emergence of 4G/LTE equipment, packet optical networking, and 100 Gbps fiber-optic transmission. These technologies were mentioned, but…

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Added by Bob Laurent on August 30, 2012 at 8:26am — No Comments

Top 25 articles for week ending on August 24

Weekly digest from Data Science Central, Analytic Talent and Analytic Bridge:

  1. Time to shift your career aspiration from Management Consulting to Analytics!…
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Added by Vincent Granville on August 25, 2012 at 9:30am — No Comments

Fraud detection in Medicaid / Medicare

Medicaid is a USA government run healthcare program for the poor, elderly and disabled, which is jointly funded by the states and the federal government

Medicaid has been the top priority on many state budgets. Considering the huge investments from both government as well as states, there are whole lot of malpractices to grab this money.
Experts estimate…
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Added by Sandeep Raut on August 24, 2012 at 9:35pm — No Comments

Ice Cream, Shark Attacks and Monty Hall

Predictive Analytics at NU

Last March I started taking classes at Northwestern University with the goal of obtaining a Master's in Predictive Analytics.  I've almost completed my third course.  This newsletter summarizes why I chose the program and a few of the topics I've explored to date.

Added by Kevin Henderson on August 24, 2012 at 11:08am — No Comments

Will 'Talking' Cars Lead to Fewer Collisions? | CNBC

My opinion: this big data / data science technology - to track your vehicle movements to alert you of an imminent crash or to tell you that you drive too fast -  will create many false positives resulting in more collisions for a number of drivers (maybe for 10% of all drivers who outperform automated driving). But it can really help dumb drivers. So,…

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Added by Vincent Granville on August 23, 2012 at 3:30pm — No Comments

Secret E-Scores Chart Consumers’ Buying Power | NewYorkTimes

Interesting article published in the NewYorkTimes, discussing how statistical scores are regulated by the government and how they could be used in different contexts. They discuss a company, eBureau, who (they claim) created new types of scores.

A few highlights:…

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Added by Vincent Granville on August 23, 2012 at 12:00pm — 5 Comments

Hadoop Technology Stack

The Hadoop stack includes more than a dozen components, or subprojects, that are complex to deploy and manage. Installation, configuration and production deployment at scale is challenging.

The main components…

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Added by Michael Walker on August 22, 2012 at 1:00pm — No Comments

History of Data Analytics

Author: Rahul Nawab, Co- founder, IQR Analytics and Promoter, ADSA (Academy for Decision Science and Analytics).

Educating savvy and business-minded Amdavadis on the importance of numbers and analytics in your business is like teaching the properties of sand to someone in the desert, but here is my effort anyway.

The simplest definition of analytics is "the science of analysis." However, a practical definition would be how an entity, e.g., a business, arrives…

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Added by AcademyForDecisionScience&Analyt on August 21, 2012 at 6:30am — No Comments

Top 30 articles for week ending on August 19

Weekly digest from Data Science Central, Analytic Talent and Analytic Bridge:

  1. Why are clinical trials failing?…
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Added by Vincent Granville on August 20, 2012 at 4:30pm — No Comments

Sample proposal for a data science / big data project

The project was about click fraud detection. Interested about how to jump-start a career as a data science / big data consultant? Read the proposal, check out

  • how much and how I charge (I'm based in Seattle, WA),
  • and how I split…
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Added by Vincent Granville on August 19, 2012 at 11:00pm — No Comments

What are the most difficult things to predict, among these 19 challenges?

Please share your opinion and let us know how to make better predictions for the following problems. Also how do you define better?

  1. Earthquake time and intensity forecasts
  2. Solar flares time and intensity…
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Added by Vincent Granville on August 18, 2012 at 5:30pm — 5 Comments

Shopper Alert: Price May Drop for You Alone | NewYorkTimes

When your grocery store bill is based on your profile...or another way for retail companies to optimize ROI via customized pricing (something all consultants, merchants and sales people have been doing for thousands of years, so it's not really new stuff)

 …

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Added by Mirko Krivanek on August 13, 2012 at 4:00pm — 9 Comments

Visual Analytics: Seeing Is Believing

Seeing Is Believing: How to be credible, clear, and convincing with visual…
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Added by Vincent Granville on August 13, 2012 at 3:30pm — 1 Comment

Top 27 articles for week ending on August 12

Weekly digest from Data Science Central, Analytic Talent and Analytic Bridge:

  1. Password and hijacked email dataset for you to test your data science skills…
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Added by Vincent Granville on August 13, 2012 at 11:30am — No Comments

Percolator, Dremel and Pregel: Alternatives to Hadoop

Percolator, Dremel and Pregel: Alternatives to Hadoop



Hadoop (MapReduce where code is turned into map and reduce jobs, and Hadoop runs the jobs) is great at crunching data yet inefficient for analyzing data because each time you add, change or manipulate data you must stream over the entire dataset.

In most organizations, data is always…

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Added by Michael Walker on August 12, 2012 at 12:49pm — No Comments

Function minimization: Simulated Annealing led by variance criteria vs Nelder Mead

Most of the datamining problems can be reduced as a minimization/maximization problem.

... click here to read the entire post

Examples
Let's consider  easy scenarios where the function cost is conditionated just by two parameters.…

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Added by Cristian Mesiano on August 12, 2012 at 3:09am — No Comments

Interviewing data scientist candidates? Ask these questions | TechTarget

I would also add: Tell me about three of your success stories, and how was success / lift measured?

Here's the article:

Bill Franks has a love-hate relationship with the term "data…

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Added by Vincent Granville on August 9, 2012 at 11:30am — No Comments

Press Release: KXEN is a Disrupter to the Predictive Analytics Market | Gartner Vendor Rating

We’re excited to announce Gartner’s recently published KXEN vendor rating (see attached). KXEN is recognized as a disrupter to the predictive analytics market. In this comprehensive analysis, KXEN received “positive” ratings for our core products InfiniteInsight® Modeler and InfiniteInsight® Social as well…

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Added by Vincent Granville on August 8, 2012 at 11:23am — No Comments

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