advanced analytics

10月 012014
 
Would you build a house without a proper foundation? Most of us wouldn’t dare, but that’s exactly what many retail businesses are doing today. When building a house, if you don’t get the foundation right, paint, wallpaper and fixtures won’t matter much. It’s no different in the retail industry. Success […]
7月 092014
 
Business Intelligence (BI) can mean many things to many people, but generally BI is associated with business reports. When you fold business analytics (BA), especially advanced analytics that are predictive or prescriptive, under the BI umbrella you inherently dilute the value proposition that analytics can provide to an organization. Why […]
7月 082014
 
The word “analytics” is widely misused and misunderstood.  While SAS arguably invented the advanced analytics and predictive analytics categories more than 38 years ago, other software vendors have used the term to describe things like reporting, monitoring, and tracking what happened.  The value of these more simple capabilities are easily […]
7月 042014
 
Advanced analytics has been used by commercial organisations for a number of years now. It may be a bank making better lending decisions, a credit card company protecting customers from fraud, a mobile phone operator making the right marketing offers to its customers or a retailer making sure it has […]
2月 152014
 
I was recently part of team discussing enterprise architecture with a chief IT architect, and we were explaining how SAS can integrate into their existing infrastructure, add business value on top it and even fit into their future planned infrastructure.  This conversation was one of the reasons I blogged about [...]
5月 142013
 
It seems like only yesterday that the SAS Executive Briefing Center (EBC) parking lot was filled with Craft Services tents, high-end luxury cars, movie cameras and, oh, a few celebrities.  But, it’s been nearly a year since SAS became Stark Industries for a day when parts of Iron Man 3 [...]
4月 182013
 
In a previous post I discussed managing analytic all-stars. Now, let's talk about how you can really use the skills of your all-stars to benefit the company. How can you make sure your analytic resources add value within the organization?  Increasingly we see both our customers and teams internal to [...]
10月 262012
 
“We may not see it but math is everywhere around us,” says Paul T. Savarese, Technical Support Statistician at SAS. You don’t have to be a statistician to enjoy this interview, in which Savarese discusses target shooting, Jay Leno and Guinness beer – and ties it all back to the fascinating subject [...]
10月 112012
 
What's the difference between data mining, forecasting and optimization? When should you use each technique, and how do they interact?  Jeremy TerBush, Vice President of Global Analytics, Wyndham Exchange and Rentals explains that he uses all techniques  together in an overall predictive process. "Data mining is first step in the system," [...]