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January 2012 Blog Posts (9)

Ooyala Video Index Report Provides Big Data Insight

I am a big fan of Ooyala, even though I cannot pronounce the name of the company properly! Here is a link to a video that has helped me with my pronunciation ailment. Ooyala Video

Ooyala has a great report available called "Video Index Report" where "analytics meets big data."  Executive Summary and key findings below:

Ooyala’s technology…

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Added by Richard Snee on January 26, 2012 at 4:12pm — No Comments

Another idea to help Amazon increase ROI

When you do a book search on Amazon using keywords, in the search result page you see 16 results. If you've bought one (or more) of these books, it still shows up on the search result page. It would be easy to eliminate that book that you already purchased (e.g. by showing it at the bottom of the page), and replacing it by another book that you haven't purchased yet. Sounds to me like an obvious, simple optimization trick. Maybe Amazon's statisticians use very complex models that change…

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Added by Vincent Granville on January 25, 2012 at 2:50pm — No Comments

News from the Wharton Customer Analytics Initiative

Wharton Customer Analytics Initiative
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Added by Vincent Granville on January 20, 2012 at 7:32am — No Comments

Big Data in the Enterprise

Companies are capturing and digitizing more information than ever before. According to IDC, the world produced one zettabyte (1,000,000,000,000 gigabytes) of data annually. Fueling this data explosion are over five billion mobile phones, 30 billion pieces of content shared on Facebook per month, 20 billion Internet searches per month, and millions of networked sensors connected to mobile phones, energy meters, automobiles, shipping containers, retail packaging and more. Big Data is a…

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Added by Stan Mason on January 16, 2012 at 9:30am — No Comments

Missing Values Imputation with Bayesian Networks

A New Approach to Missing Values Processing with Bayesian Networks

Download the white paper here (39.5 MB).

With the abundance of “big data” in the field of analytics, and all the challenges today’s immense data volume is causing, it may not be particularly fashionable or pressing to discuss missing values. After all, who cares…

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Added by Vincent Granville on January 12, 2012 at 1:46pm — No Comments

5 Big Data Startups That Matter: Platfora, DataStax, Visual.ly, Domo, and Metamarkets

First, let me say how pleased I am to be a part of the Data Science Central community. While I was the VP of Marketing at EMC Greenplum, I had a front row seat to the dynamic and very exciting “Big Data” and “Data Science” shows. EMC Greenplum has played a pivotal role in helping organizations of all sizes start the process of orienting their businesses and decision-making around data. It has been said, and I’ll say it again –the companies that embrace the power of data and live that life…

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Added by Richard Snee on January 10, 2012 at 7:34am — 1 Comment

Data Integration...Might be getting a bit easier thanks to SAP

According to the Gartner report, "Demand trends have given rise to new challenges in 2011. Fresh needs arising from contemporary challenges are presenting new opportunities in this market as buyers seek to address data integration as a critical aspect of a coherent information management capability, and to integrate disparate data sources (including emerging sources such as 'big data') and new data types into a cohesive and usable set of information."(1) SAP is helping its customers address…

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Added by Pearse William on January 9, 2012 at 1:00pm — No Comments

Data Analytics for Smart Grid Development and Deployment

The smart grid is leading the power industry into a data and analytics boom as its implementation phase gives way to its value phase, according to Christine Richards, senior analyst with Energy Central's Utility Analytics Institute.

Richards defined the decade from 2000 to 2010 as the smart grid's development phase, the five-year period from 2007 to 2012 as the infrastructure, or implementation phase and the decade from 2010 to 2020 as the value phase.

In the value phase, grid…

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Added by Stan Mason on January 4, 2012 at 8:17am — No Comments

Sales forecasts: how to improve accuracy while simplifying models?

The solution is simple: leverage external data, and simplify your predictive model.

Back in 2000 I was working with GE's analytic team to improve sales forecasts for NBC Internet, a web portal owned by NBC. The sales / finance people were using a very basic formula to predict next month sales, based mostly on sales from previous month. With GE, we started to develop more…

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Added by Vincent Granville on January 3, 2012 at 10:54am — No Comments

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