When people think of “data science” they probably think of algorithms that scan large datasets to predict a customer’s next move or interpret unstructured text. But what about models that utilize small, time-stamped datasets to forecast dry metrics such as demand and sales? Yes, I’m talking about good old time series analysis, an ancient discipline
Over the last couple of years, Stitch Fix has amassed one of the more impressive data science teams around. The team has grown to 65 people, collaborates with all areas of the business, and has a well-respected...
In its most recent hype cycle for emerging technologies, Gartner IT +0.31% introduced “citizen data science” and “advanced analytics with self-service delivery.” Both technologies were predicted to reach the “plateau of productivity” in 2 to 5 years...
Here’s a question for PATIMES members interested in Big Data and predictive analytics to ponder: “When is bigger data more hazardous?” And, here’s an answer to puzzle over: “When it is wider.” Eric Siegel, executive editor of...
If you missed this article, originally published a year ago in the Deloitte Review, it’s a unique thought leadership piece well worth the read, exploring the intersection of predictive analytics and behavioral economics and the pursuit of...
As Silicon Valley fights for talent, universities struggle to hold on to their stars THAT a computer program can repeatedly beat the world champion at Go, a complex board game, is a coup for the fast-moving field...
Over the course of their careers, many employees develop skills and new interests, and move between roles in their organizations. Over time, their movements build pathways between job roles, creating a “map” of what kinds of people...
Traditional business intelligence (and data mining) software does a very good job of showing you where you’ve been. By contrast, predictive analytics uses data patterns to make forward-looking predictions that guide you to where you should go...
PayPal is using advanced predictive data analysis to help protect its users from fraud and preserve the service’s brand. Constant evolution is the key to PayPal’s success. Scam artists continually find new ways to defraud unsuspecting people,...
