Predictive Analytics World Recap
Predictive Analytics World (PAW) just ended today, and here are a few thoughts on the conference. PAW was a bigger…
Prinicpal Components for Modeling
Problem Statement Analysts constructing predictive models frequently encounter the need to reduce the size of the available data, both in…
First Look – FICO Xpress and Business Rules
Optimization is a mathematical process for finding the best decision for a given business problem – usually highest profit, lowest…
Mate Math: Analytics for Dating
A recent article in the New York Times describes a dating site called OkCupid started by four Harvard math graduates and…
R project named in Intelligent Enterprise 2010 Editor’s Choice Awards
Intelligent Enterprise has announced its 2010 "Editors Choice" Awards, and the R project is included as one of twelve "Companies…
Economist or Iconomist?
Have you heard the joke about economists? Most of them are saying iconomist seeing the 2009 global credit crisis. As…
Optimizing customer service levels with predictive analytics
Richard Boire gave a presentation on predictive analytics in customer service at the Canadian Automobile Association. Organizations that successfully adopt…
Risk by risk – a decision-centric approach to risk management
Risk management is an important topic for many organizations, especially those in financial services. Most of these organizations acquire…
Defining Analytics: Data, Information and Knowledge
Following-up to my blog 'Just Tell Me What I'm Doing', I'm starting a series of posts that define the key…
Which is more important? Rearview mirrors or windshield?
A popular pair of PowerPoint slides used by business conference speakers first displays a distant car behind in the rearview…