The excitement over “big data” has grown dramatically. But what is the value, the function, the purpose? The most actionable win to be gained from data is prediction. This is achieved by analytically learning from data how to render predictions for each individual. Such predictions drive more effectively the millions of operational decisions that organizations
Activision allowed two of their most credentialed employees to host a PAX ’15 panel on the role users play in game development. PhDs Justin Shacklette and Spencer Stirling spent nearly an hour explaining how the company is...
Gartner, the leading market and technology research firm, has published its 2015 Hype Cycle Report of Emerging technologies. Fig. 1: Gartner 2015 Hype Cycle. For comparison, here is Fig. 2: Gartner 2014 Hype Cycle. What’s the Hype...
Predictive modeling methods and systems will revolutionize virtually all aspects of how healthcare is organized, delivered, and paid for in the near future. But what will that future look like? What are the skill sets that will...
Everyone is running around talking about big data nowadays – and yes, our databases are immense. A gigabyte used to sound like a lot. Today, we talk about terabytes without blinking. But big data didn’t grow up...
Ideally, a retailer’s customer data reflects the company’s success in reaching and nurturing its customers. Retailers built reports summarizing customer behavior using metrics such as conversion rate, average order value, recency of purchase and total amount spent...
Vendors, the trade press and even popular media are talking about the world’s rapidly expanding body of electronic data. Lots of data equals lots of value, right? The not-so-subtle message surrounding all this is that data is...
Technological innovation has given Human Resources the ability to predict the future — and has moved HR into the boardroom. But it’s up to data-savvy HR professionals to make that move permanent. “Why should I, as a...
There are many vendors selling products classified as big data analytics software. However, it’s challenging to differentiate these products based on functionality alone, as many of the tools share similar features and capabilities. Additionally, some of the...
We’re all aware of what happened with the “data” stored at Ashley Madison, data that was supposed to be private and protected. This of course is not the first – nor will it be the last –...
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