Over a five year time period, based on better analytics, and where everybody win (except drug companies, doctors and hospitals).
Most analytic models to reduce health care costs are focusing on having insurance companies,…Continue
Added by Vincent Granville on August 27, 2013 at 6:00pm — No Comments
Understanding how data converts from data to information to intelligence can be seen in the flow across the databases in an enterprise. What is a data warehouse? How do we get Business Intelligence? In this video I explain the high level view of how large corporations like Dell evolve their data to the front-end BI applications.
Added by Mitchell A. Sanders on August 27, 2013 at 4:30pm — No Comments
Very interesting study published by KDNuggets. Here are the highlights:
The most popular languages continue to be R (used by 61% of KDnuggets readers), Python (39%), and SQL (37%). SAS is stable at around 20%. The highest growth was for Pig/Hive/Hadoop-based languages, R, and SQL, while Perl, C/C++, and Unix tools…Continue
Data Science - The Process of Capturing, Analyzing and Presenting Business Intelligence with Skill - DataReality
Business analytics comes in three (3) general flavors: descriptive, predictive and prescriptive. See: …Continue
Added by Michael Walker on August 27, 2013 at 2:00pm — No Comments
Data analysis echo system has grown all the way from SQL's to NoSQL and from Excel analysis to Visualization. Today, we are in scarceness of the resources to process ALL (You better understand what i mean by ALL) kind of data that is coming to enterprise. Data goes through profiling, formatting, munging or cleansing, pruning, transformation steps to analytics and predictive modeling. Interestingly, there is no one tool proved to be an effective solution to run…Continue
I know that not everyone will agree with my definition of Business Intelligence, but my objective is to simplify things; there is enough confusion out there. Besides, who is the authority on a terminology that its traditional frame of reference is outdated and doesn't cover the entire spectrum of the value that …Continue
In 2009 when I completed my first book "Unlocking Your Empire - keys to enable your social media powered business", social media was just starting to take off, and I made some predictions about the impact it would have on business, and the role both big data, and social media would have on the future of…Continue
Added by Tullio Siragusa on August 22, 2013 at 8:00am — No Comments
Natural language processing (NLP) involves machine learning, artificial intelligence, algorithms and linguistics related to interactions between computers and human languages. One important goal…Continue
Added by Michael Walker on August 20, 2013 at 7:27pm — No Comments
Business-Driven Evaluation of HP Vertica, Featuring CMA Consulting Services
Thursday, September 5, 2013 at 11:00 a.m. ET
If you’re like most organizations, you have made a major investment in…Continue
Added by Vincent Granville on August 19, 2013 at 3:00pm — No Comments
Click on the image for full view
I am no expert in market analysis of any kind, but my personal Big Data Analytics embedded in my small brains which I inherited from my cave-dwelling ancestors tells me that the industry is anticipating huge profits from…Continue
Join us for a Webinar on September 10. Space is limited. Reserve your Webinar seat now.
Providing business intelligence (BI) for Big Data presents unique challenges. In addition to tackling performance challenges of Big Data, BI tools must be able to access new types of data, present it in meaningful ways and provide intuitive navigation for end…Continue
Added by Vincent Granville on August 18, 2013 at 8:00am — No Comments
There are several ways to make money via start-ups:
Know the numbers, know your business!
Numbers are the fundamental language of business. The bottom-line on the income statement is a number. The business plan is expressed specifically as numbers on the operating budget, numbers that may derive largely from statistical projections of revenues and costs.…Continue
Added by Tullio Siragusa on August 15, 2013 at 6:18am — No Comments
There’s been a great deal of discussion over the past several weeks regarding data mining and predictive models. Terms like “meta data” and “algorithm” are fast moving from the domain of IT practitioners and into the realm of water cooler discussion. This might be a good opportunity to briefly review some of these concepts in order to better understand data mining practices and standards.
First, some terms.
Meta Data - refers…Continue
Added by James Sullivan on August 15, 2013 at 6:00am — No Comments
Added by Vincent Granville on August 14, 2013 at 2:30pm — No Comments
Batch data processing is an efficient way of processing high volumes of data is where a group of transactions is collected over a period of time. Data is collected, entered, processed and then the batch…Continue
Aug 12, 2013
May I say at the outset that I know the phrase “Data Suction Appliance” sounds awkward at its best and downright awful at its worst. Honestly, I don’t feel that bad! These are some of the…Continue
With email encryption being targeted by the government as if it was criminal activity (read the story about the Lavabit platform shut down by the government because it was used by Edward Snowden in the recent NSA leak), this could be a great opportunity for mathematicians and data scientists:…Continue