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.
Finding the most effective way to manage resources in both the public and private sector is a top priority, says Antonia de Medinaceli, Director of Fraud Analytics at Elder Research. Hear more in this video Q&A.
“It’s kind of like if you’re used to taking care of rabbits and now you’re in charge of elephants,” explains John Elder, Founder, Elder Research, when talking about big data in this interview.
Ever thought about the similarities between cooking and analytics? SAS’ Tonya Balan explains how adventurous cooking techniques are much like innovation in the field of analytics. Mix and match a bit of this and a bit of that, and you have a recipe for novel analytical approaches.
Few companies have embedded analytics into their culture, and many companies don’t even know where to begin when it comes to analytics. Teradata’s Bill Franks encourages companies to just “dive in” with this list of analytics dos and don’ts in mind.
Business intelligence provides valuable historical information, but not prediction and forecasting capabilities. For that, you need advanced analytics.
Can’t start yet, I’m waiting on perfect data
Hit a single before going for the home run
Advice for CIOs: Information is the new oil
Nine management lessons from Terry Leahy, former CEO of Tesco PLC
Recent Comments