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Should business and engineering schools develop joint programs?

Businesses are increasingly using data-driven methods to make business decisions. Hence, there is a need for people with both good business skills and programming/quant skills. Finance/Accounting PhDs  and other business PhDs do have such skills, but they are few in number, are costly to hire, and the majority anyway prefer academia. This limits businesses to mainly hire bachelors or masters level candidates.

However, a majority of the…

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Added by Srinivasan Krishnamurthy on April 19, 2013 at 10:30am — 2 Comments

Young ‘Social Media’ Entrepreneurs

Due to the boom of Social Media, there is also growth of young people choosing Social Media as an industry to start-up with. Because young people change the world or atleast that's the hope, they have the distinctive quality from others in terms of innovations, positive attitude and enthusiasm.

How can we forget the entrepreneurial minds behind leading social networking websites like Facebook, Twitter, Foursquare and many other. The…

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Added by Bhavini Tanna on April 19, 2013 at 6:30am — No Comments

Selected articles posted this week

Sponsored

Staff Postings…

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Added by Vincent Granville on April 17, 2013 at 10:30pm — No Comments

The amateur data scientist and her projects

With so much data available for free everywhere, and so many open tools, I would expect to see the emergence of a new kind of analytic practitioners: the amateur data scientist.

Just like the amateur astronomer, the amateur data scientist will significantly contribute to the art and science, and will eventually solve…

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Added by Vincent Granville on April 17, 2013 at 5:00pm — No Comments

Is Open Source Really Free?

Open Source and the Cost of Software Licenses

 

People often think that the answer to this question lies in software costs, but in fact software costs are usually the red herring in the process of business intelligence costing.

 

It is obvious that the more users your solution has the more software licenses are going to cost. Therefore, you might be tempted to choose a vendor that sells software for 30% less than another vendor – but basing a…

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Added by Galia Nedvedovich on April 17, 2013 at 2:00am — 4 Comments

Prestigious Brands Academy Award for Jigsaw Academy

Jigsaw Academy, won the prestigious Brands Academy Award for ‘Best Upcoming Academy for Analytics Courses in Bangalore’, on April 13th, 2013 at an exclusive gala event held at the ITC Maurya, New Delhi. The award was presented to the founders  Gaurav Vohra and Sarita Digumarti by Prahlad Kakkar.

Read more.

Added by Jigsaw Academy on April 16, 2013 at 4:57am — No Comments

The Hidden Biases in Big Data

In February this year, Kate Crawford, principal researcher at  Microsoft Research New England, delivered a talk at the Strata Conference, entitled Algorithmic Illusions: Hidden Biases of Big Data. Her talk focused on the subjectivity of…

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Added by Jigsaw Academy on April 16, 2013 at 12:32am — 1 Comment

How do you solve your "Pre-Etl" Source to target mapping problems?

It's one of the integration problems that most of the big palyers in the industry have pretty much left untouched, Anyone working in the data integration / data warehousing industy understands that when you build a data warehouse, you have to create these complex pre-ETL source mappings before the ETL developers start work. The way most organizations do this is with spreadsheets. Every organization has an exorbitant amount of spreadsheets that they use to document this stuff. Once…

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Added by Mohammad Azad on April 15, 2013 at 2:30pm — 1 Comment

How can I predict when my customers will churn and did Big Data could help?

If you attract thousands of new customers this is worthless if an equal number leaves. Minimizing customer churn is surely a smart objective. But how can I predict when my customers will churn and did Big Data could help?

 

Facing this topic I have made a personal research, and realize a synthesis, which has helped me to clarify some ideas. The attached presentation does not intend to be exhaustive on the subject, but could perhaps bring you some useful…

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Added by Michel Bruley on April 15, 2013 at 6:36am — No Comments

Intellipaat provides Hadoop online Training.

Intellipaat provides Hadoop online Training.

Hi,We will start a new Hadoop Developer batch from  20th april’13. Certification will be provided after successful completion of training.

Interested candidates please drop an email for registration at sales@intellipaat.com or give us a call.

Regards,                        

Sales Intellipaat Team

Mob: 91-9019368913  

Visit us at www.intellipaat.com.…

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Added by soniya on April 15, 2013 at 5:06am — No Comments

Unleashing Intelligence through natural language (Part 2 - Autonomously generated conclusions)

In this series I reveal rules of intelligence contained within grammar, and explain how they can be utilized to unleash intelligence in software. These rules are extremely simple, but still undiscovered by scientists.



Under certain conditions, three types of conclusions that can be generated autonomously:



1) Specification substitution conclusion:

• Given "John is a father" and "A father is a man";

• Because of the common word…

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Added by Menno Mafait on April 15, 2013 at 2:48am — No Comments

Is your data really Big(Data)??

The advent of so many noticeable tools and technologies for handling BigData problems has made the lives of a lot of people and organizations easier. A lot of these are open source, they have good support, good community and are pretty active. But there is another aspect of it. When things become easy, free, with good support and in abundance,  we often start to over-utilize them. Having said that, I would like to share one incident.



We organize …

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Added by Mohammad Tariq Iqbal on April 14, 2013 at 4:05pm — No Comments

Three classes of metrics: centrality, volatility, and bumpiness

All statistical textbooks focus on centrality (median, average or mean) and volatility (variance). None mention the third fundamental class of metrics: bumpiness.

Here we introduce the concept of bumpiness and…

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Added by Vincent Granville on April 14, 2013 at 2:30pm — 7 Comments

How to better compete with other data scientists

In two weeks, you can greatly improve your resume by learning new stuff, at no cost, without attending any classes. All the links below contain actual material to get you started.

Check out the following resources:…

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Added by Vincent Granville on April 12, 2013 at 10:30am — No Comments

How Well Do You Know Spreadsheets?

Spreadsheets are one of the most popular software for data manipulation. They are widely used and welcomed by business users with their superior advantages on the flexibility for data processing and presenting as well as reporting functions. Especially, spreadsheets are easy to use and can visualize data computing and analysis, which greatly increase convenience and…
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Added by Jessica Qiu on April 9, 2013 at 12:09am — No Comments

BI reporting tools: To Pay or Not To Pay.

Free VS Non-Free

Our company recently implemented a BI Reporting solution intended for a retail company with both, an offline retail chain and an online web-shop. This was a Demo project, so during the planning phase our team decided to use two different platforms, including different back-end and front-end software.

In general, we planned to compare the free and non-free software available for similar BI Reporting implementation.

We chose the following platforms for…

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Added by Alexey on April 8, 2013 at 4:58am — 1 Comment

Spreadsheet is Still the King of all Business Intelligence Tools

"BI is not an upgrade to the spreadsheet", "Stop trying to use spreadsheet as the BI tool" - BI vendors are frequently heard to make such comments. People may thus assume that the spreadsheet is on the decline, and feel embarrassed by their Microsoft Excel, RaqSoft esCalc, LibreOffice Calc, and OpenOffice Calc tools…

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Added by Jim King on April 8, 2013 at 2:30am — 3 Comments

Google search: three bugs to fix with better data science

These big data problems probably impact many search engines. It also proves that there is still room for new start-up to invent superior search engines. These problems can be fixed with improved analytics and data science.

Here are the problems, and the solutions:…

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Added by Vincent Granville on April 7, 2013 at 11:00am — 6 Comments

Why the Quantified Will Inherit the Earth

I"m the co-founder of Koalify, a personal analytics startup.  Check out www.koalify.com to start improving your life with personal analytics today.

Someone I respect told me “it’s easier to sell painkillers than vitamins.”

He’s right, but it’s also an oversimplification.  Today’s skipped vitamins are tomorrow’s painkillers – just ask retail execs who didn’t take big data seriously during the rise of Walmart.  There…

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Added by Dave Heller on April 5, 2013 at 9:01am — No Comments

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