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Remedial Math: Understanding TCO and ROI

February 20, 2012 by Rob Armstrong
with 100 views
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RZ00/shutterstock

During my recent travels there were a lot of comments around either the cost of a data warehouse or the lack of value being perceived from the data warehouse. As I dug deeper into the conversations it became clear why all the questions were being asked. Quite simply, those posing the questions did not really understand how to calculate or compare “Total Cost of Ownership” or “Return On Investment.” [read more]

Selling Data Mining to Management

February 19, 2012 by Sandro Saitta
with 143 views
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Preparing data and building data mining models are two very well documented steps of analytics projects. However, whatever interesting your results are, they are useless if no action is taken. Thus, the step from analytics to action is a crucial one in any analytics project. [read more]

Target, Pregnancy, and Predictive Analytics - Part I

February 19, 2012 by Dean Abbott
with 376 views
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Photo by Torsten Mangner via Flickr

There have been a plethora of tweets about the New York Times article "How Companies Learn Your Secrets", mostly focused on the story of how Target can predict if a customer is pregnant. The tweets I've seen on this most often have a reaction that... [read more]

CIO Becomes the New CMO!

February 18, 2012 by Ajay Kelkar
with 286 views
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Photo by Bryce David via Flickr

Marketing budgets are now larger than IT budgets & growing faster says Gartner. By 2017, Gartner says that CMO’s will spend more on IT than CIO’s.   Interesting how marketing is getting more & more dependent on technology.And yet the... [read more]

What Is a Data Scientist (and What Isn't)?

February 17, 2012 by Neil Raden
with 435 views
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Jose Gil/shutterstock

Certified Data Scientist? I don’t think so. Fellow of Quantitiative Analysts Society? Better. Data Alchemist? I like that, but it’s not really comprehensive enough. Let me have your suggestions. [read more]

Taking a Dimension-Free View of Data

February 17, 2012 by Brett Stupakevich
with 108 views
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Data scientists and business leaders need intuitive, easy-to-use tools to help make sense of the enormity of data that’s available to them. Expanding the universe of potential data sources while placing the information in greater context can only help organizational leaders make decisions faster and more effectively. [read more]

How the Consumerization of Data Leads to Additional Quality of Life Improvements

February 22, 2012 by Brett Stupakevich
with 23 views
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Today, we’re going to focus on different ways that organizations in the public sector are using data and tools to help make our communities safer to live in. [read more]

What Lessons Can IT and Analysts Learn from the Cinema Industry?

February 21, 2012 by Gary Cokins
with 26 views
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Alex Staroseltsev/shutterstock

The parallel is organizations routinely start in the middle! They purchase commercial software and then try to figure out how to implement it. Make no mistake. Commercial software is essential to successfully realizing benefits. The message here is that it is preferable to initiate an IT project, analytics, or EPM solution by first having a plan for its application combined with motivational inspiration from the executive team and a behavioral change management readiness-for-change program. [read more]

Analyzing Enterprise Text? Don’t Use Sentiment Out of Context

February 21, 2012 by Jennifer Roberts
with 21 views
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Only after applying some context does it make sense to apply an extra level of analysis in the form of sentiment to divine if the consumer expressions around quality are positive or negative. Without a backdrop sentiment does little to extend an organization’s understanding of consumer motivation. [read more]

Obsolescence and the ERP system: When the writing is on the wall

February 20, 2012 by Ephraim Cohen
with 71 views
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All good things must come to an end, or so the saying goes. That’s as true for a good holiday as it is for enterprise resource planning (ERP) solutions. Apparently problem-free, the very presence of the ‘old faithful’ which has run your business so successfully for years may be an inhibitor to better performance – and recognizing the signs of obsolescence allows for contingency planning. [read more]

“It is the human friction that makes the sparks”

February 20, 2012 by Chris Dixon
with 27 views
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I think this underscores one of the main reasons remote early-stage projects often fail. We mistakenly think of brainstorming as something you can do in meetings, and teaching as something you can perform through carefully composed documents or lectures. [read more]

LightSquared vs FCC: What is the right position?

February 17, 2012 by Bob Gourley
with 55 views
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Here is the issue: This will only work in ways that cause most GPS devices to become unreliable. That is the trade. Although theoretically every GPS device could be redesigned to function after LightSquared comes online, the practical issue is this: Would you rather have broadband everywhere or would you rather have your current GPS keep working? [read more]

Big Brother... or do I mean Big Data?

February 17, 2012 by Barry Devlin
with 141 views
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Bjarne Henning Kvaale/shutterstock

Most of us have grown up with a belief system that science and, by extension, technology and computers, are a sine qua non in today's world. In truth, the world we live in today could not exist without them. [read more]

Big data and social analytics

February 16, 2012 by Jack Mason
with 120 views
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Crok Photography/shutterstock

About "hen businesses try to install a new social platform within the enterprise" [read more]

Design Is Not Science: an Interview With Nate Bolt

February 16, 2012 by Paul Veugen
with 103 views
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Interview with Nate Bolt, the co-founder and president of Bolt | Peters, a research and design firm specializing in remote usability, user experience, and interaction design. Nate is both a researcher and a designer and he co-authored the book Remote Research. [read more]

First Look – FICO Model Central

February 16, 2012 by James Taylor
with 64 views
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FICO Model Central is the latest addition to FICO’s Decision Management platform and is focused on lifecycle management of predictive analytic models in the context of an overall Decision Management implementation. The original driver was a growing regulatory requirement in the banking industry to have a regular cycle of model validation and monitoring of predictive analytic models for performance and stability. [read more]

NASA retires its last mainframe

February 15, 2012 by Joe McKendrick
with 66 views
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“Mainframes” and “moonshots” are two words that were almost synonymous, as are “iPhones” and “apps” today. These days, in fact, it’s often pointed out that we hold more computing power in the palms of our hands than the mainframes that guided the Apollo missions to the moon and back. [read more]

Game Changers

February 15, 2012 by Darryl McDonald
with 62 views
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Las Vegas is best known for its flashy casinos on the Strip. Visitors love these places but tourism being what it is, there’s not a lot of repeat business. Attracting a local clientele to more than 18 properties—mostly off the Strip—and driving regularly visits throughout the year requires a solution Station Casinos’ CIO, Scott Kreeger calls “game changing.” [read more]

The Data Analytics of Valentine’s Day

February 15, 2012 by Brett Stupakevich
with 119 views
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A divorce attorney who was born on Valentine’s Day reports that today is not the day to make the commitment. While 10% of all marriage proposals take place on Valentine’s Day (according to U.S. Census data), attorney Myra Chack Fleischer says, “One day a year does not a love affair make.” [read more]

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Of Baby Black Swans and the Race to Zero

February 15, 2012 by Paul Barsch
with 132 views
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Sharon Day/shutterstock

As technology proliferates and advances thus speeding processes, it appears humans are increasingly removed from decision making. Thus ensuring a little slack in the system may not be enough to protect from system meltdown. [read more]

Platform distribution risks

February 15, 2012 by Chris Dixon
with 11 views
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Leo Francini/shutterstock

When your product extends a platform’s functionality, one of the main risks you face is that the platform could embed your product’s key features within the platform – what is sometimes called subsumption risk. This happened to a lot of startups in the 90s that built products for the Windows platform. When you depend on a platform for distribution (acquiring and retaining users), you take on different risks. [read more]

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Business Intelligence – The Power of Human Emotion

February 15, 2012 by Leena Kamath
with 264 views
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Photo by Dimitris Kalogeropoylos via Flickr

2011 was noted as the year that demonstrated the “power of the human emotion.” It was the year where human emotion exhibited itself through mediums that go beyond satisfaction surveys. Here are a sample pick of my favorite emerging business -- technologies in the areas of Business Intelligence and analytics! Read on... [read more]

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