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Fight Back Against Black Swan Fatigue

May 9, 2012 by Paul Barsch
with 150 views
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No one is ever judged a hero for saving the company from what never (or is never supposed to) happen. Business executives must fight back against Black Swan fatigue, because in today’s interconnected and highly correlated world, the next extreme event could be the one that shoves your company off a cliff. [read more]

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How They Fit Together: Bell Curves, Bayesian Inference and Black Swans

May 1, 2012 by Paul Barsch
with 292 views
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Probability is defined as the possibility, chance or odds of likelihood that a certain event or occurrence will take place now or in the future. How do Bell Curves, Bayesian Inference and Black Swans fit together in a probabilistic decision making framework? [read more]

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Multi-Lingual Text Analysis- A Plan To Action from #SMAS12

April 24, 2012 by Daniel Schiller
with 174 views
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Featureflash / Shutterstock.com

‘80% of success is showing up’- Woody Allen He could have been referring to multi-lingual text analysis. Is that good news? It might be. If you are extracting multi-lingual data from social posts you’re far ahead of the competition. The bar isn’t high, and your competitors probably aren’t close to extracting data in its native language. If they are, they aren’t doing it very well. [read more]

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IBM DB2: Moving into the Era of Big Data

April 23, 2012 by Conor O'Mahony
with 158 views
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Conor O’Mahony is the program director for database software at IBM. He can be found blogging at http://www.database-diary.com. You can contact the author at conor@us.ibm.com. [read more]

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Location Intelligence and Mobile BI: Advancing Customer Relations in the Finance and Banking Sector

April 19, 2012 by Lachlan James
with 220 views
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A recent Bank Systems and Technology report says that many U.S. banks and other financial institutions could benefit from implementing a Business Intelligence (BI) solution. But what if you combined Mobile BI – the ability to receive reporting and analytics on-the-go via mobile devices – and Location Intelligence (LI) – the ability to combine location-based data and traditional metrics captured within a BI system to uncover otherwise hidden trends, patterns and relationships? What further benefits can be derived and achieved from the addition and combination of these specialist capabilities? [read more]

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Is Cloud Computing Hurtling Towards Disaster?

April 12, 2012 by Paul Barsch
with 124 views
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As public cloud environments inevitably experience technological advances, increased multi-tenancy, colossal system sizes, tight coupling of processes and components, and myriad IT personnel decisions (and errors) these systems will grow more risky to the point where system accidents will become commonplace. [read more]

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Location Intelligence and Mobile BI: Advancing the ‘where’ in mining and exploration

April 12, 2012 by Lachlan James
with 212 views
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You work for Big Mining Co in the mining and exploration industry. Mineral exploration requires and utilizes a diverse range of geographic data types and techniques. Mobile Business Intelligence – the ability to receive reporting and analytics on-the-go via mobile devices – and Location Intelligence – the ability to combine location-based data and traditional metrics captured within a BI system – empower you to uncover otherwise hidden trends, patterns and relationships; no matter where you, or your assets are located. [read more]

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The STEM Profession that Women Dominate

April 9, 2012 by Meta S. Brown
with 2,236 views
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Do you know which major STEM field boasts as many women in the profession as men? Where almost half the college degrees – even at the PhD level – are granted to women? Where women have a significant presence in the most influential circles of the profession? There’s so much attention paid to the participation of women in science, technology, engineering and mathematics that you’d think this would be front page news, but most haven’t even noticed. [read more]

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Big Data: A Kick in the Business Intelligence Expert’s Habits

April 6, 2012 by Michel Bruley
with 478 views
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No definition has emerged and speeches about Big Data mix many things: overall volume of data to be processed, the volume of the elementary data (web log, text, sensors networks, photo, video), data types (structured, unstructured, multi-structured) and analytical ambitions (going beyond BI), etc. [read more]

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Location Intelligence and Mobile BI: Advancing Data Analysis in the Healthcare Industry

April 4, 2012 by Lachlan James
with 327 views
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AlexanderZam/shutterstock.com

Many healthcare providers and administrative bodies have began using BI tools to unlock actionable information within their data sets and achieve higher standards of care, and better medical outcomes, in the face of tighter budgeting, increasing costs and tough regulatory environments. You’ve been considering a BI deployment, but are uncertain about the key metrics or functions that you should analyze and report on... [read more]

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Is Bigger, Better in the Cloud?

April 2, 2012 by Paul Barsch
with 85 views
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Risk management is a critical topic business and IT professionals must take into account in terms of cloud computing. And especially for mission critical data such as human resources, payroll, financial or even patient data, security and privacy of sensitive data is a paramount concern when considering cloud delivery models. But do the biggest cloud providers hold the most promise in terms of viability, security, and risk management? [read more]

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Using TIBCO Spotfire to Analyze Google Analytics Data

March 29, 2012 by gopykryshna
with 343 views
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To analyze data collected in Google Analytics one can use many tools. TIBCO Spotfire is good choice as it allows for several visualizations of the data in quick time. This post shows how some basic analysis can be done using Spotfire. [read more]

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Planning for ROI in Text Analytics

March 29, 2012 by Meta S. Brown
with 454 views
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Want good ROI from text analytics? You’ve got to plan for it! In any field, there are always two major ways to get returns on investment – increase revenue or decrease costs. The key to good returns is shortening the path from the analysis to the payoff. That takes planning. [read more]

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Location Intelligence and Mobile BI: Advancing Data Analysis in Retail

March 28, 2012 by Lachlan James
with 441 views
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You’re an area manager for retail conglomerate CheapStuff. The northwestern sector of your region is underperforming. The situation demands your personal attention – and a visit. Luckily, you can take all the location-based information you need with you on your smartphone – your Business Intelligence (BI) solution has integrated Location Intelligence (LI) and mobile reporting capabilities. So, what can a BI platform, encompassing LI and mobile analytical capabilities, bring to a retail organization’s critical business processes and operations? [read more]

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From Complexity to Simplicity in the Cloud

March 21, 2012 by Paul Barsch
with 103 views
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The inner workings of cloud computing can be quite complex. That’s why the founders of Dropbox are on the right path—make cloud computing as simple as possible with easy to understand user-interfaces to mask “behind the scenes” infrastructure and connections. [read more]

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Are Public Clouds Complex Environments?

March 12, 2012 by Paul Barsch
with 90 views
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A recent analyst report suggests public clouds are prone to failure because they are inherently complex. However, just because there are multiple interacting objects in a particular environment, this doesn’t necessarily imply complexity. [read more]