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All Blog Posts Tagged 'data analytics' (11)

Detecting Hidden Fraud Risk from Public Data

by Hudson Hollister

Detecting which of the federal government’s millions of contracts most likely involve fraud used to require insider access to agencies’ IT systems. Data analytics provides greater efficacy and higher hit rate than traditional investigative methods – and now can even be performed using only public…

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Added by Paul Derstine on October 28, 2019 at 11:30am — No Comments

RADR: A Powerful Visual Risk Analytics Tool

by Vic Diloreto, Director, Software Products, Elder Research

The Risk Assessment Data Repository (RADR) is a powerful risk analytics platform used to enhance productivity in the investigation of fraud, waste and abuse. This server-based, data analytics product  fuses data from…

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Added by Paul Derstine on October 17, 2019 at 5:01am — No Comments

Investment Modeling Grounded In Data Science

Note: This blog was written by Dr. John Elder and was originally published on www.elderresearch.com/blog.

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Elder Research has solved many challenging and previously unsolved technical problems in a wide variety of fields for…

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Added by Paul Derstine on July 30, 2019 at 9:30am — No Comments

Data is Not Oil. It is Land.

Note: This blog was written by Dr. William Goodrum and originally posted on www.elderresearch.com.

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It has become common to talk about data being the new oil. But a recent piece from …

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Added by Paul Derstine on July 30, 2019 at 9:30am — No Comments

Critical skills set to make or break a data scientist

 A data scientist must know how to approach the extent of any problem; it means identifying features and figuring out the question that how to frame the desired answer is the key to become the most wanted data scientist. …

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Added by Nisha Dhiman on July 1, 2019 at 9:00pm — No Comments

How to Create an Intelligent Company

Nowadays, companies are besieged by information and the possibilities of new IT solutions. With the rapid advancements in information technology and high speed Internet, companies now have access to huge amounts of information, processing and sharing systems regarding customers, their demographics, and their online behavior across all touchpoints on the buyer’s…

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Added by Ronald van Loon on October 31, 2017 at 8:30pm — No Comments

RELX Group: The Transformation to a Leading Global Information & Analytics Company (Part 2)

With the world changing so rapidly, every company or organization that adapts to the changes becomes an example for all others. One very recent example for all companies to learn from and implement in their own decision making is the transformation of RELX Group to a leading global information and analytics company. I mentioned in my previous article, and the…

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Added by Ronald van Loon on October 26, 2017 at 4:30pm — No Comments

Data is not facts - the impossibility of being unbiased

Best intentions

We talk a lot about making decisions based on data but we need to be careful about how hard and fast those decisions are. Our decisions are only as good as our data and our analysis.

Neither can be perfect. Data is always a sample of the full scope of reality and analytics is always an interpretation…

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Added by Andrew Patricio on September 23, 2016 at 9:00am — 1 Comment

3 reasons why you should care about clean, and measurable data, and an example of where it’s working

The term Big Data is no longer a buzzword, it’s become an institution, and businesses all over the world are hiring Data Scientists, Chief Data Officers and the like to help them make sense of it all. But Big Data shouldn’t be thought of some scary, untouchable thing. We’ve been collecting data for decades and Big Data is well, just more of it.

Considering we now have a lot more data coming in, day on day, how best can we make it work for us? The first step is to ensure that the data…

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Added by Gareth Forbes on August 24, 2016 at 12:30am — 1 Comment

Is It Time To Expand Your Data Analytics Team?

CIO recently published an article that highlighted a survey that was revealing. The survey, conducted in April and May, included 150 executives, from large companies of over 5,000 employees, with responsibility for making business decisions influenced by big data. The survey reports that 98 percent said their company encourages its employees to ground business…

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Added by Stephanie Tooker Jordan on June 13, 2016 at 6:30pm — No Comments

Environmental Monitoring using Big Data

In this post, I will cover in-depth a Big Data use case: monitoring and forecasting air pollution.

A typical Big Data use case in the modern Enterprise includes the collection and storage of sensor data, executing data analytics at scale, generating forecasts, creating visualization portals, and automatically raising alerts in the case of abnormal deviations or threshold breaches.

This article will focus on an implemented use case: monitoring and analyzing air quality…

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Added by Axibase Corp on June 2, 2015 at 6:00am — No Comments

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