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October 2011 Blog Posts (41)

12 Top Big Data Analytics Players

 10/18/2011 When data grows into the tens or even hundreds of terabytes, you need a special technology to quickly make sense of it all. From Hadoop to Teradata, check out the top platform options.



Big Data…

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Added by Vincent Granville on October 30, 2011 at 1:06pm — 1 Comment

Billions of dollars wasted each year in people spending their time applying for jobs. Here's the fix.

The problem started in US in 2008. Historically, people have been used to get a degree (for which they pay $$$), then contact employers or recruiters, and then get a job. This has changed for good, and based on Western countries that have experienced  a 10% unemployment rate for 40 years in a row, here's the problem and solution:

  • In these countries, unemployment after graduating can last for more than a year (including for analytic degrees), and the first secured position might…
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Added by Amy on October 29, 2011 at 5:30pm — 19 Comments

Asteroid sharing almost same orbit as earth, around the sun.

And taking 364 days to make a revolution around the sun. 

Cruithne is approximately 5 kilometres (3.1 mi) indiameter, and its closest approach to Earth is approximately thirty times the separation between Earth and the Moon (12 Gm or twelve million kilometres). From 1994 through 2015, Cruithne makes its annual closest approach to Earth…

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Added by Capri on October 27, 2011 at 9:23pm — No Comments

HighWire Press partners with TEMIS to semantically enrich Publishers’ Content

This strategic agreement between two leaders enables HighWire to offer superb discoverability and productization to its customers in the highest quality semantically-enabled open publishing platform.

 

 

Stanford, USA and London, UK – October 27, 2011 – HighWire Press, the industry leader in the provision of high quality hosting and web publishing platforms to scholarly publishers around the world and TEMIS, leading provider of Semantic Content…

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Added by Capri on October 27, 2011 at 9:09pm — No Comments

Do you have your head in the clouds?

1.8 Zettabytes, or to put it another way, 31 billion fully loaded (64gb) iPad’s – an incomprehensible amount of data that represents the estimated size of our digital universe today. To give this a little more perspective, it has been estimated that if we stored all the words ever spoken since the dawn of time, by every human, we’d need 0.0048 of a Zettabyte - just a smidgen of what we’ve already created to date.

You’re probably getting the message. Data is big, abundant and no doubt…

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Added by Christopher Brewer on October 26, 2011 at 10:24pm — 1 Comment

Setting up a cross-selling model

Cross selling campaigns aim at selling additional products to existing customers. 

A cross selling model estimates the propensity to uptake an add-on product for each scored customer.



A cross selling model can be built on the results of a test campaign to analyze respondents and identify customers with increased purchase potentials.



An easier approach which does not require the running of a test campaign, is to analyze the profile of customers who acquired the product of… Continue

Added by ANTONIOS CHORIANOPOULOS on October 26, 2011 at 2:07am — No Comments

Think different part 1: IFS fractals to generate points in a convex polygon

How to describe analytically a set of points belonging to convex irregular polygon:
Here you are some example…
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Added by Cristian Mesiano on October 24, 2011 at 3:05pm — No Comments

Analytics used to avoid traffic tickets and DUI arrests

Radar detector company Escort invented a new technique to help drivers avoid police traps, based on data mining and crowd sourcing. In a nutshell, car drivers use a mobile app on their cell phone to report any police trap or red-light camera, with just one click that will automatically provide location of the trap on a social network and alert other drivers using the mobile app in question. 

It will be interesting to see how highway patrols and local police respond to being…

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Added by Vincent Granville on October 24, 2011 at 3:00pm — 2 Comments

Datadirect Networks is hiring: Senior Analytics Software Architect - Location Flexible

See www.ddn.com/careers

 

Position:  Senior Analytics Software Architect - Location Flexible
Location:  Sunnyvale, CA
Job Id:  186a
# of Openings:   1…

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Added by Jean-Luc Chatelain on October 24, 2011 at 7:57am — No Comments

Can Talent Analytics be an Additional Business Intelligence Dimension?

For businesses to survive, they need to go beyond reporting on "what happened" and move towards predicting business outcomes, preventing costly mistakes and…

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Added by Mike Kennedy on October 22, 2011 at 3:30pm — No Comments

From Survey Questions to Business Applications By Dawn Marie Evans & Steven J. Fink

(This is a repost from Statistics & Analytics Consultants Blog, which was featured on SmartDataCollective's Blogarama)

Statistics & Analytics Consultants Blog  

Blogarama, SmartDataCollective

As a manager you have important business questions you…
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Added by Dawn Marie Evans on October 20, 2011 at 9:07am — No Comments

Nobel Prize in Economics 2011 for Sargent & Sims (RE & VAR) - very pertinent to now

 

my LinkedIn List

 

Nobel Prize in Economics 2011 for Sargent & Sims (RE & VAR) - very pertinent to now

 

http://lnkd.in/rRDp_V

 

 

 

Added by John A Morrison on October 19, 2011 at 7:00am — No Comments

grammar

 

 

... few thousand digits, rather then later on. So by choosing ...

 

Vincent -

 

"then" should be 'than'

 

b/r

Jeff Daniels

Added by Jeff Daniels on October 18, 2011 at 2:12pm — 1 Comment

Tips on Installing RapidMiner’s R extension on a Windows Machine

Although I use both R and RapidMiner in my work, I have been “late to the party” in installing RapidMiner’s R extension on my Windows machine. The primary reason being that over time I have built a regular workflow that uses these two tools separately. Also, I am one of those folks who don’t go looking for trouble. After reading several postings on how after installing the extension users couldn’t get RapidMiner started again, I figured I should let this integration fad pass or at least wait…

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Added by Russ Sacks on October 17, 2011 at 8:07pm — 1 Comment

How to avoid new bank fees: solution

Most banks are going to add small fees e.g. for debit card ($3/month in my case). Last time I went to my bank, I had this strange conversation:

  • I asked documents about the various types of accounts that they offer, as they suggested that I switch to a more upscale type of account, where there would be no fees
  • Instead of receiving the documents, I was forced to spend 15 minutes listening to a bank manager about the benefits of the upscale account. My hourly rate being…
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Added by Capri on October 16, 2011 at 8:59pm — 2 Comments

New ways for publishers to monetize content: our solution

How we moved from cave-man publishing - traditional web site funded by job ads - to where we are now:

  • We managed to create a social network with a very low budget by outsourcing almost all business functions to vendors: Ning.com (to host Analyticbridge), iContact (to manage our newsletter), web.com (to host Datashaping.com), Picosearch (to provide high quality job/resume search), Wells Fargo (for credit card processing), Feedburner and Twitter related tools (for news-feed…
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Added by Vincent Granville on October 16, 2011 at 8:00pm — No Comments

ADA boost: a way to improve a weak classifier

Ada boost, by practical means

(have a look at my blog for further details and examples: http://textanddatamining.blogspot.com/)

6 weak classifiers:…

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Added by Cristian Mesiano on October 14, 2011 at 12:23am — No Comments

Ventana Research Unveils Largest Research Ever Conducted on Business Analytics

PLEASANTON, Calif.- February 25th, 2011 - The largest benchmark research ever done on business analytics establishes for the first time that analytics has become the new engine for business competitiveness and profitability. This landmark research from Ventana Research, which involved input from more than 2,850 organizations, makes clear for the first time the little-understood role of business analytics in the success and failure of businesses.



The research found that more than…

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Added by Richard on October 13, 2011 at 4:48pm — No Comments

Misuse of statistics in court leads to wrongful conviction and death of Sally Clark

She conceived two sons in 1996 and 1997. Both died from infant death syndrome after one month. The statistical expert testifying in court said that the chance of such a rare event is one in 73 million. She was convicted of murder and imprisoned. Freed a few years later, her life was destroyed and later died of alcohol poisoning.

My rebuttal to the 1 in 73 million argument is as follows:

  • Even if "1 out of 73 million" was the correct probability, the fact that there are…
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Added by Titus on October 13, 2011 at 10:38am — 3 Comments

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