Hadoop (MapReduce where code is turned into map and reduce jobs, and Hadoop runs the jobs) is the most well known technology used for "Big Data" because it allows an organization to store huge quantities of data at very low…Continue
Added by Michael Walker on November 7, 2012 at 3:57pm — No Comments
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…Continue
Added by AcademyForDecisionScience&Analyt on October 29, 2012 at 7:30pm — No Comments
Added by Vijay Kumar on November 2, 2012 at 8:41pm — No Comments
Big Data is a term used to categorize an excessive amount of aggregated data. But, how do Data Miners manage all of this data? Hadoop is one of the popular tools that data analysts are using to store and mine immense volumes of data.
Here are 5 Things a Data Analyst should know about Hadoop:
1. Hadoop utilizes parallel processing to store and process…Continue
Added by Ben Gold on November 2, 2012 at 9:21am — No Comments
Added by Vincent Granville on November 2, 2012 at 7:30am — No Comments
Added by Zach Piester on November 1, 2012 at 3:02pm — No Comments
Includes great charts from FlowingData.com.
Added by Vincent Granville on October 31, 2012 at 9:53am — No Comments
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.…Continue
Added by Srini Pagidyala on October 31, 2012 at 8:00am — No Comments
Added by Vincent Granville on October 25, 2012 at 7:10pm — No Comments
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:
Added by AcademyForDecisionScience&Analyt on October 29, 2012 at 7:50pm — No Comments
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…Continue
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…Continue
Added by Rahul Deshmukh on October 24, 2012 at 8:58am — No Comments
Added by Zach Piester on October 15, 2012 at 5:30am — No Comments
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
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…Continue
Social network analysis (SNA) is the methodical analysis of social networks. Social network analysis views social relationships in terms of network theory, consisting of nodes (representing individual actors within the network) and ties (which represent relationships between the individuals). These…Continue
Added by Venky Rao on October 14, 2012 at 2:53am — No Comments
The emerging "Data Stack" or "Data Layer" is in full transition and can be viewed and defined many different ways. The ability to capture, analyze and learn from data generated at unprecedented scale, combined with…Continue
Added by Michael Walker on October 10, 2012 at 10:52am — No Comments
Added by Vincent Granville on October 9, 2012 at 12:30pm — No Comments