Today, data is BIG: It disrupts, defines, and determines a spate of outcomes, from elections to medical treatments. Data “embodies a priceless collection of experience from which to learn,” according to Siegel. “Every medical procedure, credit application, Facebook post, movie recommendation, fraudulent act, spam e-mail, and purchase of any kind; each positive or negative outcome,
Analytics and big data are becoming business imperatives. One big element that separates them from unstructured data pools or BI drill-down reports is that analytics can be used to “tell a story,” typically with visualizations. The...
The travel company cuts costs, improves pricing accuracy and speeds page loads. Travel booking and comparison shopping web site Orbitz Worldwide is making a case for hiring staff with math skills. With a statistical analysis, its hotels...
In our world of rising costs and shrinking funds, a rising number of colleges are in real financial trouble. Institutes are deep in debt as they’ve borrowed heavily to fix aging infrastructure, keep up with competitors and...
In the future, doctors will be better able to help us ward off illnesses by analyzing information buried in medical records. That effort will be greatly enhanced by the ability to access electronic medical records in...
Midsize Insider :: Every department within a midsize business needs for data analysis tools. Whether one is considering IT, sales, customer service, or any other grouping, the collection and interpretation of data can improve products, interaction...
Toward the end of last year I suggested, predicted even, that prediction was going to be hot in our space in 2013. As we approach the halfway point of the year, it’s not a bad time to...
As you might have heard before if you read McKinsey reports, the New York Times or just about any technology news site, data scientists are in high demand. Heck, the Harvard Business Review called it the sexiest...
Expanded rules for data sharing in the U.S. government will need more oversight as predictive algorithms are applied. Last winter, around the same time there was a huge row in Congress over the Cyber Intelligence Sharing and...
Technological advancements are helping financial institutions and law enforcement combat bank fraud and money laundering more efficiently, according to Jennifer Shaskey Calvery, director of the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Treasury Department....
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