Detecting the Madoff Effect: Methodology for Fraud in Hedge Funds
As a result of the recent Bernard Madoff fraud scheme, pension funds and corporate finance managers have been put on…
What do I want my Epitaph and Legacy to Be?
Have you ever played around with the self-improvement exercise of writing your own obituary or epitaph? It is intended to…
“Predictive analytics allows your organization to learn from its collective experience and puts this…”
“Predictive analytics allows your organization to learn from its collective experience and puts this knowledge to action. Let’s say, for…
Free BI for Higher Ed
For over five years, Microstrategy has been part of an educational service from Teradata allowing universities free access to an…
11 Parallels Between Architecture and Interface Design
I had a fascinating discussion with my sister-in-law, a real-life professional Architect, about the parallels between her work and the…
5 Phases of Data Analytics Maturation: Part 1
Recently, while meeting with one of our clients, they mentioned their desire to provide their customer's business team with the…
Of Crowds, Both Wise and Foolish
The surest sign that a phrase has entered broad usage is to apply the cliche test: if you leave the…
Decisioning in Volatile Times—Probability, Intuition or Inaction?
No doubt, we live in volatile times. The complexity, interconnectedness and intricacy of global markets is causing executives around the…
Stock Picking using Data Mining: Parameter Tuning
It is known that in data mining projects, one can spend 80% of the time for data preprocessing and the…
New Age Data Warehousing
Data warehousing (DW) and business intelligence (BI) have been evolving and getting more sophisticated over the years. As IT folks,…