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William Vorhies's Blog – November 2015 Archive (13)

Calculating ROI of Fraud Detection

An Economic Perspective on Fraud Analytics: Calculating ROI of Fraud Detection Systems

Guest blog by: Bart Baesens, Véronique Van Vlasselaer and Wouter Verbeke

The importance and need for effective fraud detection and prevention systems is highlighted by some…

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Added by William Vorhies on November 30, 2015 at 8:30am — No Comments

Predictive Analytics in the Supply Chain

Summary:  Predictive analytics are increasingly important to Supply Chain Management making…

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Added by William Vorhies on November 25, 2015 at 10:21am — 1 Comment

Big Data in Medicine – Evolution and Revolution

We spend so much time thinking about consumers that’s it’s refreshing to find applications of Big Data and advanced analytics that are not linked to selling something.  Last week I wrote about …

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Added by William Vorhies on November 23, 2015 at 11:37am — No Comments

Predictive Analytics Goes to College – to Predict Student Success

Summary:  Higher education has been a little slow on the uptake to use advanced analytics to improve student success but now with the technology that allows us to marry and analyze structured and unstructured data, including streaming data, a number of successful…

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Added by William Vorhies on November 19, 2015 at 10:30am — No Comments

Programming Python vs R

This article is no longer available. We apologize for the inconvenience. To read more about Python versus R, click here.  An excellent Python guide can be found here

Added by William Vorhies on November 18, 2015 at 10:00am — 1 Comment

Sabermetrics: Baseball Analytics and the Science of Winning [Infographic]

Guest blog by our friends at [email protected] Staff…

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Added by William Vorhies on November 16, 2015 at 9:40am — No Comments

MDM Makes M&A Pay Off

Guest blog by  Neil Cowburn, CEO, iMiDiA

 

Mergers and acquisition often bring drama—they…

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Added by William Vorhies on November 16, 2015 at 9:17am — No Comments

Time-to-Insight Versus Time-to-Action

Summary:  Time-to-Action can indeed be real time.  Time-to-Insight, the original discovery and testing of the pattern are faster now but not likely ever to be real time.

Recently I’ve been making my way through the literature about “real time analytics”, “in-stream analytics”, and “in-memory analytics”.  These are all category names created by…

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Added by William Vorhies on November 11, 2015 at 3:43pm — No Comments

The Data Science Industry: Who Does What (Infographic)

Guest blog and great infographic from our friends at DataCamp.com

Nowadays, the data science field is hot, and it is unlikely that this will change in the near future. While a data driven approach is finding its way into all facets of business, companies are fiercely fighting for the best data analytic skills that are available in the market, and salaries for data science roles are going in overdrive.

 Companies’ increased focus on acquiring data science talent goes…

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Added by William Vorhies on November 11, 2015 at 10:08am — 2 Comments

Is Data Science, Like Mathematics, a Universal Language?

I try to keep my eye out for articles written by data scientists in other countries, especially those we don’t hear from all that often.  What I’m looking for is any difference in perspective about our field.  Are the approaches to data problem solving colored by some cultural…

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Added by William Vorhies on November 10, 2015 at 10:23am — No Comments

Smart Spenders in Healthcare - Great Infographic

Guest blog shared by Stefan Kingham at Medigo.com

This infographic displays data from The Economist Intelligence Unit’s ‘Healthcare Outcomes Index 2014’, which took into account a number of diverse and complex factors to produce a ranking of the world’s best-performing countries in healthcare (outcome).

In order to produce a rounded set of outcome rankings, the EIU used basic factors like life expectancy and infant mortality…

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Added by William Vorhies on November 9, 2015 at 9:00am — No Comments

The Need for Speed: In-Memory and the Marriage of RDBMS and NoSQL

Summary:…

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Added by William Vorhies on November 5, 2015 at 10:00am — No Comments

Want to Have Your Own Personal Watson? IBM Has an API for You.

Perhaps you thought as I did that Watson was all about deep learning.  That’s not quite right.  As Will Knight describes in his recent article IBM Pushes Deep Learning with a Watson Upgrade…

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Added by William Vorhies on November 3, 2015 at 8:30am — 1 Comment

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