The Data-Driven Weekly is kicking off 2016 by exploring how big data and analytics is powering data-driven business in different industries. First off is the world of agriculture. While data has always played a prominent role in agriculture and ranching, the explosion of cheap sensors and data storage means that every aspect of agriculture can now be measured and optimized.
According to AGCO (machinery manufacturer), there are “…Continue
Added by Brian Rowe on January 5, 2016 at 3:30pm — No Comments
This blog discusses the applications of Monte-Carlo simulation methods by modeling real-world situations, explaining those using well known and often researched statistical distributions such as the Poisson distribution and then applying optimization models to solve a variety of business problems thus enabling managers to take decisions by moving beyond the usual methods and what-if scenario analysis.
Added by Debleena Roy on September 5, 2014 at 5:00pm — No Comments
High Performance Computing (HPC) plus data science allows public and private organizations get…Continue
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