The Knowledge Exchange / Business Analytics / Operationalizing Analytics

Operationalizing Analytics

Jeff Deal

Can’t start yet, I’m waiting on perfect data

0

Many data mining business mistakes are obvious, like failing to define an objective or the very common, “we’re waiting on perfect data,” according to Jeff Deal, Vice President of Operations, Elder Research. Hear about more mistakes in this video interview.

All Operationalizing Analytics Stories

A picture…or a thousand words?

Jennifer Marchi

Big data is most understood through pictures, says SAS’ Jennifer Marchi. She explains the latest in data visualization for organizations to see what is most important immediately.

Tagged ,

Using the cloud to your advantage

james-taylor-yt

“Predictive analytics is hot, the cloud is hot, so the intersection of the two is hot,” says James Taylor, CEO of Decision Management Solutions, as he discusses the scenarios of using predictive analytics in the cloud in this video interview.

Tagged , ,

Separate data and analytical environments will be a thing of the past

Franks Video Feature

“Ten years from now kids are going to be questioning why anybody ever had these separate environments,” says Bill Franks, Chief Analytics Officer at Teradata. In this video interview, Franks expands on analytics, video analytics and his upcoming book.

Tagged ,

What the C-suite should know about analytics

What the C-suite should know about analytics

Kishore S. Swaminathan of Accenture explores five key areas to consider when introducing analytics to your organization, and how to prevent analysis paralysis.

Tagged , ,

There are times when the average can be kind of meaningless

Perception

Do you have a hard time describing the statistics that underpin analytics? Read the first chapter of Numbers Rule Your World: The Hidden Influence of Probability and Statistics on Everything You Do, by Kaiser Fung, and find out why statistics is about a lot more than averages and what your organization can learn from the Disney World FASTPASS system.

Tagged

YouSee channels customer needs with analytics

James Taylor

Wouldn’t it be great if companies backed every customer conversation with personalized facts, driving the dialogue in the most valuable way for both the company and consumer? That’s how YouSee, a Danish cable TV and broadband services provider, operates. See how in this video.

Tagged

Take the leap into advanced analytics

Bill Franks

There is a wealth of new data sources for companies to use in their analytics. Bill Franks, Chief Analytics Officer, Global SAS Program for Teradata, provides some insight into how to evaluate new data sources and what pitfalls to avoid.

Tagged , , ,

The current state of business analytics: where do we go from here?

The Current State of BA

According to a recent survey by Bloomberg Businessweek, 97 percent of companies with revenues of more than $100 million are using some form of business analytics, but only one in four organizations believes its use of business analytics has been “very effective” in helping to make decisions. What gives?

Tagged ,

The good idea that never got off the ground

Evan Stubbs

Defining the value of business analytics provides a business case for evolving organizational structure and processes and offers a baseline to decide which activities to tackle first. This excerpt from The Value of Business Analytics: Identifying the Path to Profitability, by SAS’ Evan Stubbs, details an example of how a team carried out its management charge to innovate.

Tagged ,

Blackjack and business: It’s not luck of the draw anymore

Blackjack and Business

Jeffrey Ma, author of The House Advantage, compares blackjack to organizational decision making. He says now that technology is available to make more informed decisions, organizations would be “fools to not at least incorporate them as part of their decision-making process.”

Tagged