The common analytics in retail industry include analysis for finance, market, commodities, customers, vendors, and salesman. The retail data analytics gives a summary on top performers, bottom performers, key value items, sales performance, forecasting, trend and seasonality. Retailers need to make  strategies based on the result of data…

A standalone alternative for Excel on complex data computing, esCalc, will be offered for free to participants who write reviews or share their application cases (The application cases could be the usage of esCalc in a task or a function introduction of esCalc.), according to the announcement of Raqsoft. This campaign starts from March 6, 2013 and will end at May 6, 2013.



Participants will get various licenses of esCalc through different forms of participation, showing as…

A recent article entitled "Nate Silver on big data's future: It's about attitude" appeared on fcw.com (The Business of Federal Technology).   The full article along with the points made below can be read here:

http://www.scoop.it/t/big-data-technology-applications-and-analytics

In the meantime, what came to mind has to do with different analytic approaches being used together to solve a…

Getting train tickets is always very difficult during holiday, especially in Spring Festival, the most important Chinese holiday for family reunions. The transport peak spans from Jan. 26, 2013 to March 6. During this period, buying tickets at railway station or from the official website of MOR (China’s Ministry of Railways) or through phones seem to become an extravagant expectation. What are the reasons? How to take effective measures?…

Read the Preface for Siegel’s Book – Predictive Analytics

Here is the preface for Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die

By Eric Siegel, with a foreword from Tom Davenport

(Wiley, February 2013)

 

To order the book:…

In 1993, E.F. Codd, the acknowledged founder of relational databases, introduced the term Online Analytical Processing (OLAP). OLAP is intended for the non-data processing professionals like the business expert, and is expected to be intuitive, rapid, and flexible.

  Intuitive user interface: clear a technical roadblock for business personnel to operate freely

  Rapid analysis procedure: accommodate the fast-changing business…

This link will take you to a great YouTube Video on the 5 classes of databases and the differences in the major players in the NoSQL market.

The Database Revolution

And here are some conclusions I took away from the presentation.

I wanted to share this link with members on Analytic Bridge - it represents a series of articles, insights and conclusions drawn about Big Data Technology, Trends and Success:

http://www.scoop.it/t/big-data-technology-applications-and-analytics

Here's a comment I posted about the Article entitled "The Role of the Data Scientist in Big Data" from Tech Republic. There are others on the page.    "As…

People like to predict what will happen in future especially in 2012. Nostradamus brought about massive destruction and mayhem thought there was comet in 2012. Even Mayans stopped their calendar on December 21st, 2012. If it’s true, human only has less than a week to live. But do you really convinced by this dire prediction? Is this prediction based on correct analysis? Some people who believe that because they are depressed at some bad phenomenon such war, natural disaster, resource…

A country needs great national spirit and so does a city. That's the reason that Beijing, the capital of China announced "Beijing Spirit" on 2nd, November, 2011. Beijing Spirit includes Patriotism, Innovation, Inclusiveness and Virtue. This is the summary of the spiritual wealth formed in the development and practice of Beijingers. It has become a guide to Beijing citizens' practice since then. As an advanced local enterprise in Beijing, Raqsoft integrates Beijing Spirit into its long-term…

With the ever changing economy, the business intelligence landscape is also transforming. According to some predictions, the worldwide spending on IT will continuously increase in 2013 and even at the next few years. The growth drivers may include data visualization, big data, speed, agility, self-service, cloud computing, etc. Therefore, the BI suppliers who have these features will be more competitive compared with their rivals.



Business growth turns BI into a daily business…

How can analytics guide organizations seeking to build highly effective teams of data scientists?

What is the number one mistake analytics managers make when hiring analytic talent?

How can analytics-driven organizations attract and retain the best analytic talent in the industry?

Talent Analytics, Corp CEO Greta Roberts answers these questions and more in part one of her conversation with Data Informed's Ian Murphy.

In part one of her…

In the actual business, data analysis and statistical computation as well as report preparation are required no matter for the management of inventory and human resources, or calculation of customer information and sales data. In this case, a tool which can handle different datasource like text, spreadsheet, database, etc. is needed in urgent. However, most of statistical computation software needs modeling before computation and analysis which reduces flexibility to meet analysts'…

I've posted some free Microsoft PowerPoint presentation, Microsoft Excel pivot table and Microsoft Word research report templates for you to use for…