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
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
The goal is to design and build a data warehouse / business intelligence (BI) architecture that provides a flexible, multi-faceted analytical ecosystem for each unique organization.
A traditional BI architecture has analytical processing first pass through a data warehouse.
In the new, modern BI architecture, data reaches users…Continue
Added by Michael Walker on September 12, 2012 at 11:53am — No Comments
Companies, products, and technologies included in the Big Data Landscape:
Added by Michael Walker on August 30, 2012 at 2:58pm — No Comments
Jaspersoft announced a second-generation native connector to MongoDB, an open source database. 10gen, the company behind MongoDB, and Jaspersoft have teamed together to deliver an enhanced tool for companies to provide easier reporting, analytics, and visualization of Big Data. Jaspersoft is a sponsor of the upcoming MongoSV, to be held in Santa Clara CA today, December 9, 2011 and will be showcasing the combined solution there.
Building on the popularity of the first generation…Continue
Added by Stan Mason on December 9, 2011 at 7:00am — No Comments