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May 23, 2012
Best Practices for Successful Workforce Analytics
Complexity in today’s workforce, new technology investments, economic pressures, talent as a competitive edge, aligning the people strategy with the business strategy and many other reasons are driving a change in HR to be information-savvy. This has turned workforce analytics to the hottest topic in the HR technology arena, but this change has also created confusion as to how best to proceed to make programs to implement workforce analytics successful. [read more]
May 23, 2012
Lean Mean Data Governance Machine – Waste Prevention - Part 3 of 3
The following 5 principles, when adopted as part of the Lean Data Governance approach will assist the business lay the fundamental foundations to streamline governance processes and feed into the prevention of unnecessary activity. Using “Tools and Technology” as an example we can see how going through this exercise can add value to your Lean Data Governance agenda... [read more]
May 22, 2012
More Questioning Minds Needed (And Don’t Forget the Analytics)
Some professors suggest that liberal arts education is a superior choice to business school. But this argument misses the mark. What’s needed to operate in today’s complex world, is both business knowledge and a Socratic “mode of inquiry” taught through a liberal arts education. [read more]
Why Every Organization Needs Four CIOs
The "I's" have it: Ray Wang redefines the "I" in CIO. Chief Infrastructure Officer, Chief Integration Officer, Chief Innovation Officer or Chief Intelligence Officer. [read more]
Outlier Analysis: Chebyschev Criteria vs Approach Based on Mutual Information
The aim of the method is to remove iteratively the sorted Z-Scores till the mutual information between the Z-Scores and the candidates outlier I(Z|outlier) increases. At each step the candidate outlier is the Z-score having the highest absolute value. [read more]
6 Questions to Ask for Real Insight From Big Data
“Progressive firms use big data to narrow their decision set, not expect an answer,” notes Paul Magone, consultant and Forbes contributor. “They have figure[d] out how to map the real-time information against historical information to offer predictive possibilities. The modern crystal ball is thus unveiled and companies await the next prediction.” [read more]
TechAmerica and Big Data in the Public Sector
Today most of us use ["Big Data"] to refer to solutions to a real and growing challenge: datasets that are so large and complex that they become awkward to work with and hard to make sense over unless new approaches are used. Those new approaches are NOT more of the same old stuff. The new approaches are designed to make more data a benefit vice a challenge. [read more]
More or Less? Monetization Based on Facebook’s Business Model
Photo by RambergMediaImages via Flickr
Startups usually succeed because of a single major product or business innovation. Google is unusual in that they succeeded because of two major innovations: their core search product, and their keyword advertising business model. Back in 2000, when Google was wildly popular but generating no revenue, the conventional wisdom was... [read more]
Where's Waldo? Image Analysis in R
R user Arthur Charpentier attempts to use the raster library and R functions to find Waldo in a "Where's Waldo" image. Sadly, it turned out that Waldo was a bit too tricky to spot using these techniques... [read more]
Because it's Friday: Game theory
The textbook example of game theory is the Prisoner's Dilemma. The UK game show "Golden Balls" includes a form of the Prisoner's Dilemma where the stake is prizemoney instead of freedom. Each player may independently choose to "split" or "steal" the prize, but if both steal each goes away empty-handed. You might think there aren't many strategic options to guarantee a win in a game like this, but one player found a way. [read more]
How to succeed in the enterprise without really trying: Apple's crunch
A study out of Forrester Research projects that enterprise spending on Apple products will jump 58 percent this year, to $19 billion on iPads and Macs. This is up from around $12 billion last year, and spending will rise to $28 billion in 2013. [read more]
Naming your Data Management Project
The point is, try to use the name of the project to promote a vision of the business problem you’re trying to solve. It’ll play better with the business folks. The name matters. [read more]
Big Data Bubbles Up Trouble!
Do you have the Big Data technology and the advanced visualizations required to see it? Out of all types of different visualization styles, bubble charts are unique in the sense that they allow you to show hundreds of individual values at once. [read more]
Cloud ERP may follow Cloud Enterprise Messaging.
Just as enterprise email servers and messaging software have relegated fax machines to the sidelines, so too have they begun to be replaced by cloud-based, SaaS enterprise mail, such as those from Microsoft and Google. Having been a technology writer for the better part of a decade, I see a couple of trends in enterprise-class messaging that I think may be relevant indicators that describe the relationship between on-premise and Cloud ERP. [read more]
What’s Your Company’s Digital IQ?
Digital intelligence is an analytics strategy rather than a singular project or technology, according to Forrester. It requires a company to develop a road map that notes the state of its current analytics strategy and then detail a plan to close any gaps. [read more]
Data Science at LinkedIn: My Team
I wanted to take a moment to showcase my own team. As a team, we straddle the boundary between science and engineering. We work closely with several engineering teams to deliver products that our members use everyday. [read more]
Next query: NoSQL and Business Intelligence
...whatever the rationale, the association of BI and SQL is deeply embedded in the minds of most practitioners. So, the question arises--what about NoSQL; how does this relate to BI? Can it be of use in data warehousing? [read more]
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Too much information for forecasting?
First: A Report from the 67th Pine Tree Festival and Southeast Timber ExpoBack in March The BFD investigated the topic of Google-ing yourself (aka egosurfing). I reported on finding a namesake in show business, a self-described "Magic Mike Gilliland" and his sidekick Lollipop the Clown.I attempted to disparage Magic Mike by claiming I... [read more]
Nigel Turner: "It's all about the data. Or Is it?"
It’s not just all about the data after all. Time and time again several presenters and attendees bemoaned the lack of business awareness, involvement and investment in their data management improvement efforts. Many still seem to operate in darkened silos, banging their heads against intractable walls of indifference or downright sceptical hostility from the very people who should be championing their cause. [read more]
Please check out the Text Analytics Summit, Boston, June 12-13
The Text Analytics Summit was the first business-focused conference dedicated to BI on text, to techniques that turn text into data in the service of diverse applications, and it remains the best. [read more]
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Stephen Baker is the author of The Numerati & a journalist with 20 years of experience at BusinessWeek. More »
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Gary Cokins is an internationally recognized expert, speaker, and author. More »
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HR & Workforce Analytics Innovation Summit
When: Thu, 2012-05-24 08:00
Business Analytics Innovation Summit
When: Thu, 2012-05-24 08:00
Salford Analytics and Data Mining Conference
When: Thu, 2012-05-24 12:09
Information management and governance for the public services
When: Fri, 2012-05-25 08:00
Disruptive Technologies & Innovation Minds 2012
When: Mon, 2012-06-18 09:00
Advanced Analytics for Retail
When: Thu, 2012-06-21 08:00
Advanced Analytics for Consumer Goods
When: Thu, 2012-06-21 08:00
CIMI.Con Evolution 2012
When: Mon, 2012-06-25 08:00
Predictive Analytics World, June 25-26, 2012 in Chicago
When: Mon, 2012-06-25 09:00
Big Data for Enterprise USA 2012
When: Wed, 2012-06-27 08:00
“Hi Farnaz,I think the graph type shown in your article is a scatterplot, not a bubble plot. And scatterplots are not an invention of the 'Big Data' age. In fact, they were invented way back in 1833 by Sir John Frederick W. Herschel.It's tough to get an exact definition of Bubble Plot, but when I think of the differences between Bubble and Scatter, I think of aggregation levels. Bubble plots ...”
“David, I'm not so sure that the judge had ruled that the API's are copyrightable. You write, "where it was decided that Google's re-implementation of Java APIs in the Android OS did infringe Oracle's copyright." As of this morning on Friday, May 11th, Judge Alsup has not ruled on that issue.See Grocklaw at: Oracle's Denied Motion For JMOL on Fair Use, as ...”