October 2012 Blog Posts (42)

Assessing the Damage From Hurricane Sandy | New York Times

Includes great charts from FlowingData.com.

Five of New York’s 14 wastewater treatment plants are in the lowest-lying areas of the city, within the mandatory evacuation zone. When the plants get filled to capacity or flooded, sewage and stormwater mix and bypass the plant, flowing directly into New York’s waterways — and now, into flooded streets and buildings.…

Added by Vincent Granville on October 31, 2012 at 9:53am — No Comments

Creating an Analytics Driven Culture - The ProMorphics Approach

Many decisions, big and small are made every day across various lines of business, executive offices and departments in your organization. How are these decisions made today in your organization? What drives the decision maker(s) to say ‘yes’ or ‘no’ for any particular decision? Let’s look at some of the key business challenges that many organizations are facing today where decision making is critical.…


Added by Srini Pagidyala on October 31, 2012 at 8:00am — No Comments

Traditional BI vs Data Analytics Approach

See: …


Added by Michael Walker on October 31, 2012 at 7:38am — 1 Comment

3 Degrees that Will Prepare You for a Career in Analytics

Merriam-Webster defines analytics as “the method of logical analysis.” In business, analytics is the process of analyzing quantitative data to glean information about performance. This process is often used in marketing departments and in risk management. Analytics is also a very important tool for the management and maintenance of websites.


The field of analytics is growing, as more companies realize the benefits of the method. This is especially true for internet-based…


Added by Gaurav Vohra on October 29, 2012 at 9:40pm — 1 Comment

Data Analytics in India

Data Analytics is a process of summarizing data with the intent to extract predictive information and develop conclusions from the data and using it for making strategic decisions and operational policies. A huge demand for data analysis services in India generates ample earning opportunities to companies which are offering data analysis services.

Data analytics in India is extensively used in Banking and Financial sectors. Data mining and data analysis being carried out by BPO…


Added by AcademyForDecisionScience&Analyt on October 29, 2012 at 8:13pm — No Comments

Science of Analytics

Analytics is not just pure science; it is part art as well. Organizations that master the fine art of using analytical tools realize increased revenues and enjoy cost savings.

The scientific approach involves the following four key steps:

  • Observe/define the business problem: Observation is either an activity consisting of receiving knowledge, or the recording of data using scientific instruments. The term may also refer to any data collected during this…

Added by AcademyForDecisionScience&Analyt on October 29, 2012 at 7:50pm — No Comments

History of Analytics

Educating savvy and business-minded Indians on the importance of numbers and analytics in your business is like teaching the properties of sand to someone in the desert, but here is my effort anyway.

The simplest definition of analytics is "the science of analysis." However, a practical definition would be how an entity, e.g., a business, arrives at an optimal or realistic decision based on existing data. Business managers may choose to make decisions based on past experiences or…


Added by AcademyForDecisionScience&Analyt on October 29, 2012 at 7:30pm — No Comments

Application of Analytics

Author: Rahul Nawab, Co- founder, IQR Analytics and Promoter, ADSA (Academy for Decision Science and Analytics).

In this article we will talk about some of the successful applications of analytics. We will start with 2 different examples which I was reading recently from a podcast of Accenture and then move to some of the other industrial examples.

1.     Harrah’s Entertainment


Gary Loveman, CEO of Harrah’s, was presenting at an…


Added by AcademyForDecisionScience&Analyt on October 28, 2012 at 11:15pm — No Comments

Top 16 articles for week ending October 24

From Data Science Central and AnalyticBridge

  1. Splunk for Hadoop – Real Time Analytics…

Added by Vincent Granville on October 25, 2012 at 7:10pm — No Comments

Proposal for an Apprenticeship in Data Science

For motivated students who can learn on their own, here's an option that I would like to offer: the possibility to become an expert data scientist in less than six months, for a cost well below $10,000, and with guaranteed job opportunities.

The program would be open to everyone without screening, but the degree and the…


Added by Vincent Granville on October 25, 2012 at 4:00pm — 34 Comments

Splunk for Hadoop – Real Time Analytics

Hello DSC Member, 

We are excited to announce new Hadoop integrations that address common challenges in deploying…

Added by Vincent Granville on October 25, 2012 at 9:26am — No Comments

Simplifying Big Data Analytics

Most analytics and data projects have started thinking of investing in big data initiatives.  With so much buzz about big data, organizations have started investing or are thinking of investing in Hadoop While it is great to stay on top of trends, it often ends up being another investment where the full benefit and potential is simply not realized. The learning curve is too steep and the time to implement too high. Current analytics resources lack the strong programming skills required to…


Added by Rahul Deshmukh on October 24, 2012 at 8:58am — No Comments

From Revolution to Evolution

by Jim Falgout, Pervasive Software

The “big data” revolution has taken place. Startup companies are formed and running full speed to take advantage of this new market. The press is wound up outputting articles daily on big data and how it will change all of our lives. Even…


Added by Vincent Granville on October 23, 2012 at 12:10pm — No Comments

Greenplum & Kaggle partnership, and OpenChorus

Greenplum is very excited to announce the availability of the Greenplum Chorus source code and continue its goal of enabling organizations to derive greater insight and economic value from Big Data through a partnership with Kaggle, a platform for data science competitions. 

Greenplum’s …

Added by Vincent Granville on October 23, 2012 at 12:06pm — No Comments

The Perfect Storm - Missed Opportunites with Mobile and Big Weather Data

The Perfect Storm


As the ubiquity of mobile connectivity continues to grow, we seem to be missing an entire class of opportunity. The conditions for a “perfect storm” of circumstances have surrounded us for quite some time. So, why are the forecast…


Added by Zach Piester on October 22, 2012 at 10:57am — No Comments

Scientists get 6 years in prison for making wrong predictions | CBS News

Six Italian scientists and a government official have been sentenced to six years in prison over statements they made prior to a 2009 earthquake that killed 309 in the town of L'Aquila.

A year-long trial came to a close today (Oct. 22) with the verdict, which alarmed earth scientists worldwide.…


Added by Vincent Granville on October 22, 2012 at 8:03am — No Comments

Analytics on Unstructured data – Twitter, Facebook and Social Media

Quoting Wikipedia: - Unstructured Data (or unstructured information) refers to information that either does not have a pre-defined data model and/or does not fit well into relational tables. Unstructured information is typically text-heavy, but may…


Added by Gaurav Vohra on October 18, 2012 at 10:27pm — 1 Comment

Top 27 articles for week ending October 18

From Data Science Central and AnalyticBridge

  1. Sponsored: Free 30-day Vertica trial (HP's analytic and data base p...…

Added by Vincent Granville on October 18, 2012 at 9:00am — No Comments

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Added by Vincent Granville on October 18, 2012 at 7:00am — No Comments

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