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December 2009 Blog Posts (24)

#28: Here's a thought...

An occasional series in which a review of recent posts on SmartData Collective reveals the following nuggets:



To make the most of analytics...

In-database/in-warehouse analytics will become more and more important and the analytical processing of streaming data likewise. However, the way data is stored in warehouses will have to change, too, not just the way analytics are done. Too many warehouses and marts today store summary data, rollups or data where the crucial time… Continue

Added by Brian Roger on December 29, 2009 at 11:17pm — No Comments

Is Believing in Behavioral Targeting Like Believing in Santa?

By Augustine Fou, ClickZ, Dec 17, 2009. Sponsored by Responsys.



Coincidentally, or not, this week an investor, an entrepreneur, a vendor, and a writer each enthused about behavioral targeting. They seemed to all believe this was the future of advertising. But while I do believe in the demonstrated benefits of behavioral targeting, I couldn't help but wonder whether believing in it was like believing in Santa -- something you do when you're a kid, but grow out of, hopefully, at some… Continue

Added by Amy on December 25, 2009 at 7:58pm — 1 Comment

Analytics 3.0. What is it? What are the risks and opportunities?

What is it?



Software accessible online, via your web browser, instead of available as a package installed on your desktop or on your company's network. Also, software accessible online that can run automatically in the background via API calls. This is SaaS for analytics.



For instance, one could install a copy of SAS on her web server, and everybody with an Internet connection could access it in batch mode (API) or via a user interface if a GUI is created. SAS code… Continue

Added by Amy on December 25, 2009 at 1:00pm — 2 Comments

Is Big Data at a tipping point?

by Michael E. Driscoll | January 9, 2009



(5/18/09 update - included an overdue reference to linked data!)



Stuart Kauffman, in one of his books about complexity, discusses tipping points in networks — what he calls a phase transitions — by way of buttons. Suppose you’re sitting on a floor strewn with 400 buttons, and you begin tying them together with pieces of string at random. At first, you have just pairs of buttons. Then, you have clusters of threes, which in turn get… Continue

Added by Amy on December 25, 2009 at 12:26pm — No Comments

University of Minnesota computer scientists to help track global climate change through new data mining tools

MINNEAPOLIS / ST. PAUL (12/15/2009) - The University of Minnesota and the Planetary Skin Institute have announced a new partnership to use data mining tools to track historical changes in the Earth's forest ecosystems and better determine their relationship to climate change. The University of Minnesota is one of the first academic partners to join the Planetary Skin Institute. The partnership was announced today at COP15, the United Nations Climate Change Conference in… Continue

Added by Vincent Granville on December 21, 2009 at 8:26pm — No Comments

Twelve reasons why analytics fails to deliver its promises



  • The model is more accurate than the data: you try to kill a fly with a nuclear weapon.
  • You spent one month designing a perfect solution when a 95% accurate solution can be designed in one day. You focus on 1% of the business revenue, lack vision / lack the big picture.
  • Poor communication. Not listening to the client, not requesting the proper data. Providing too much data to…
Continue

Added by Vincent Granville on December 20, 2009 at 7:00pm — 2 Comments

Analytics 3.0. - Designing an all-purpose analytics web server, offering API, SaaS, on-demand services

There is an increasing number of individuals and companies that are now delivering analytics solutions using modern web-based platforms: Data-Applied, DataSpora and AnalyticBridge to name a few.



The concept is at least 10 years old, but because inexpensive web servers can now handle a large bandwidth, and can process megabytes of data in a few seconds (even without… Continue

Added by Vincent Granville on December 20, 2009 at 6:00pm — No Comments

The sentiment on US Economy from Twitter

Is the economic crisis over? What is the sentiment of people regarding US Economy and the future? These are some of the questions that many people ask these days and the signs are somewhat mixed. Dow Jones is close to the 10000 mark and some US Economy Indices show that the worse is behind. But do people feel the same?



To answer these questions 10000 Tweets containing the word economy were collected with the purpose of finding out what people think and how they feel about the US… Continue

Added by Vincent Granville on December 20, 2009 at 9:53am — 2 Comments

Accounting Regulation and Management Discretion in a British Building Society Circa 1960

Batiz-Lazo, Bernardo and Billings, Mark

University of Leicester, University of Nottingham, UK

May 2009





ABSTRACT



This article explores the manipulation of published financial reports in order to counter the potentially unfavourable impact of newly introduced regulation. In this case the reported capital ratio of a major building society was enhanced using a sale and leaseback transaction with a related party and a change in depreciation policy, methods which… Continue

Added by John A Morrison on December 19, 2009 at 1:43am — No Comments

The Three Sexy Skills of Data Geeks

Hal Varian, Google’s Chief Economist, was interviewed a few months ago, and said the following in the McKinsey Quarterly:

“The sexy job in the next ten years will be statisticians… The ability to take data—to be able to understand it, to process it, to extract value from it, to visualize it, to communicate it—that’s going to be a hugely important skill.”



In prepping for tonite’s talk at the Google IO Ignite event, this quote inspired me to muse about how sex appeal and… Continue

Added by Amy on December 17, 2009 at 1:27am — 1 Comment

tech geek? the government wants you

The government is seeking out 10,000 tech-savvy young Americans to take part in the U.S. Cyber Challenge, a program to encourage and train those interested in cybersecurity and set them on the right track toward a permanent job in the field.



Department of Defense Cyber Crime Center



Announced in May, the project was officially launched this week, and is the military’s first attempt to reach civilian students. The new project is an effort among the U.S. Department of… Continue

Added by Vincent Granville on December 16, 2009 at 1:39am — No Comments

Discovering Content by Mining the Entity Web

November 18th, 2009 by Deep Dhillon



I had a blast last night presenting to CS students at the University of Washington. For those who missed the talk, the video is embedded below.



Abstract: Unstructured natural language text found in blogs, news and other web content is rich with semantic relations linking entities (people, places and things). At Evri, we are building a system which automatically reads web content similar to the way humans do. The system can be thought of… Continue

Added by Vincent Granville on December 15, 2009 at 9:11pm — No Comments

HP researchers try to tell you who your friends are

By Brandon Bailey



bbailey@mercurynews.com

Posted: 12/12/2009 04:00:00 PM PST



Most people have scores of contacts, scattered around their mobile phone, e-mail address book and multiple social networking sites. Scientists at Hewlett-Packard can tell you which of those contacts are your closest friends.



It may sound a bit out of character for a company like HP, perhaps best known for producing mass-market PCs and printers, along with hardware and software for… Continue

Added by Vincent Granville on December 13, 2009 at 10:57pm — No Comments

#27: Here's a thought...

An occasional series in which a review of recent posts on SmartData Collective reveals the following nuggets:



Let the data profiling begin

Data profiling is typically one of the first tasks performed on a data quality initiative. I am often told to delay data profiling until business requirements are documented and subject matter experts are available to answer my questions. I always disagree – and begin data profiling as soon as possible. I can do a better job of… Continue

Added by Brian Roger on December 12, 2009 at 5:11pm — No Comments

2nd Global Virtual Cloud Computing Conference April 19-23 - Cloud Slam Event producer of Cloud Slam '10



Our 2nd Annual Virtual Cloud Computing Event is scheduled for April 19-23.



To stay in touch with us:



Twitter @ http://twitter.com/cloudslamevent

RSS @ http://www.cloudslamevent.com/rss.xml



We are very pleased that in addition to our last years sponsors we will welcome new partners and… Continue

Added by CloudSlamEvent on December 12, 2009 at 3:51pm — No Comments

Will make two presentations at COLLABORATE 10 – IOUG (Independent Oracle User Group) Forum

COLLABORATE 10 – IOUG (Independent Oracle User Group) Forum April 18-22,2010, Las Vegas, Nevada
1. Building a Check Fraud Detection System Using Oracle 11g and Oracle Data Mining, April 20, 2010
2. Building a Card Fraud Reporting Portal, April 22, 2010

Added by Jiang (Jay) Zhou on December 11, 2009 at 9:44pm — No Comments

Great articles from SmartDataCollective

Business Analytics vs. Business Intelligence:

http://smartdatacollective.com/Home/22903?utm_source=sdc_newsletter&utm_medium=email&utm_campaign=newsletter



R, REvolution named in top analytic trends for 2010…

Continue

Added by Vincent Granville on December 11, 2009 at 12:21am — No Comments

Interesting articles recently posted - from KDNuggets

Fordham University and IBM Launch Curriculum to Prepare Students with Business Analytics Skills

http://www-03.ibm.com/press/us/en/pressrelease/28994.wss



Nurses Group Accepting Research Proposals for Quality Data Mining…

Continue

Added by Vincent Granville on December 11, 2009 at 12:00am — No Comments

The Top 10 Trends for 2010 in Analytics, Business Intelligence, and Performance Management

According to Nenshad Bardoliwalla.





1. We will witness the emergence of packaged strategy-driven execution applications ...



2. The holy grail of the predictive, real-time enterprise will start to deliver on its promises ...



3. The industry will put reporting and slice-and-dice capabilities in their appropriate places and return to its decision-centric roots with a healthy dose of Web 2.0 style collaboration. ...



4. Performance, risk, and… Continue

Added by Vincent Granville on December 8, 2009 at 8:07pm — 1 Comment

web presence

Helping companies reach their best Landing Page Optimization is sometimes a challenge. Some Indianapolis Web Design companies are moving beyond simply designing sites and helping companies companies achieve better search results.

It is more than just looking good on the web ... people have to also be… Continue

Added by Cindy Fallsen on December 7, 2009 at 9:18pm — No Comments

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