How COVID-19 is Changing our Relationship with Data
An increasing proportion of businesses use scientific methods to analyze data. Yet, because key decision-makers do not believe in a data-driven method, a sizable number do not turn their data into actionable information. Instead, these individuals rely on their instincts to drive decisions. If used in lieu of data,such hunch-based mindsets often lead to inefficiencies and wasted…Continue
I find myself habitually using the term "metrics." When I first started blogging, I normally used this term only in reference to performance metrics. These are not ordinary "readings" but rather criteria-driven amounts - the criteria being performance. Over the years I have come to recognize that data-gathering is normally premised on some type of criteria. When compiling revenue data, it should be noted that analysts are seeking out data pertaining to revenues. The quest is predefined. The…Continue
Added by Don Philip Faithful on January 7, 2017 at 7:02am — No Comments
I found some leftover hamburgers in the fridge. I decided to stack a couple of them together to form a colossal “super-burger.” At the time, I didn’t appreciate how doing so would make it almost impossible to physically fit the burger in my mouth. I squished and squeezed the burger until it was flat enough to eat. Such are the problems of physics that become…Continue
Added by Don Philip Faithful on October 2, 2016 at 6:00am — No Comments
Did you know that Big Data can help us predict who the future football stars will be? This is precisely what happened in Riyad Mahrez’s case, PFA Player of the Year, who has conquered the English Premier League with Leicester City.
During last year’s Big Data Week Conference in London, Malta-based entrepreneur Valery Bollier correctly foresaw…Continue
Added by Jure Rejec on May 11, 2016 at 5:00am — No Comments
When discussing the use of algorithms, the issue of durability or portability has to be considered. For example, a stock trading algorithm might be used in a missile guidance system. The algorithm would have to operate on an abstract kinetic level rather than for a specific application. I have written in the past about using the same algorithm to study stocks, earthquakes, hurricanes, electro-cardiograms, and attempts at evasion - using my mouse in a game environment. Wouldn't an abstraction…Continue
Added by Don Philip Faithful on October 4, 2015 at 7:17am — No Comments
Why aren’t models and insights generated by many Data Science projects an instant hit with companies looking for data driven growth? They miss the Business Translator, an important role that nobody is currently recruiting for. Read on to learn about my proposal on how to make Data Science projects stick at your company and build an enduring business…Continue
Added by MARIUS MARCU on September 3, 2015 at 8:00am — No Comments
Please join us in New York at the Sentiment Analysis Symposium Customer Insight Analytics Workshop on March 5 where Steven Ramirez, CEO of Beyond the Arc, will be presenting The Road to Customer Intelligence: Data, Analytics, Insight.
The afternoon workshop will offer a thorough, practical look at elements that business analysts, managers, and executives must master to compete in today’s…Continue
Added by Steven Ramirez on February 3, 2014 at 7:17am — No Comments