Analytics specialist, the developer of GT data mining, and CEO of Procedureware.
My background is in Indutrial & Management Engineering - the Thechnion in Haifa Israel and NY Polytechnic.
The fall of the Lehman Brothers and Merrill Lynch - two companies rich in BI tools, calls for questioning the validity of those tools. Anybody knows which were the BI solutions that served in them?
To my mind, giving early warning about critical situations, is the ultimate test of a BI system. For a long time I say that statistics based analytics cannot perform this crucial test task. What we witness now may be the sad realization of that.
And a personal note: my solution, GT data mining, is not based on statistics, which enables it to interpret the data independently of users' assumptions.
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Anybody knows which were the BI solutions that served in them?
To my mind, giving early warning about critical situations, is the ultimate test of a BI system. For a long time I say that statistics based analytics cannot perform this crucial test task. What we witness now may be the sad realization of that.
And a personal note: my solution, GT data mining, is not based on statistics, which enables it to interpret the data independently of users' assumptions.
- Edith