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Data Science Wars: Python vs. R

 As I frequently travel in data science circles, I’m hearing more and more about a new kind of tech war: Python vs. R. I’ve lived through many tech wars in the past, e.g. Windows vs. Linux, iPhone vs. Android, etc., but this tech war seems to have a different flavor to it. What feels different

Rexer Analytics 2013 Data Miner Survey Highlights

 Top 5 most used tools were R (used by 70% of data miners), IBM SPSS Statistics, Rapid Miner, SAS, and Weka, while STATISTICA, KNIME, SAS JMP, IBM SPSS Modeler, and RapidMiner had the the highest satisfaction. Big...

Predictive Analytics, a game changer for transaction banking

 Transaction banking has made huge strides in recent years. The easy availability of new technologies has improved operating efficiencies and accuracy. Apart from this, the speed of transactions has also increased remarkably. The volume of transaction banking...

Using Big Data to Prevent Fraud

 The financial services industry will begin making significant strides in 2014 toward using data analytics to fight fraud, experts predict. The value of using big data to help prevent or detect fraud is becoming clearer, helping institutions...

Using Analytics to Crack Down on Electricity Theft

 Electricity theft is estimated to cost the energy industry approximately $6 billion each year. Analytics can help them recoup a significant portion of those losses. People go to all kinds of lengths to steal electricity. Some simply...

3 Ways That Predictive Analytics Help Travel Companies Improve Planning

 While heaps of big data exist in the travel sector – from how seasonality affects bookings to the types of travel packages that receive the highest conversion rates among consumers – leveraging some of the more unstructured...

Predictive Analytics World founder explains how uplift modeling works

 Watch the interview with the PAW Founder, Eric Siegel. In the opening keynote session at the 2013 Predictive Analytics World conference in Boston, only two attendees raised their hands when speaker Eric Siegel asked how many people...

How to win your marketing team over to the data side

 We ask five industry experts including heads of marketing and big data analytics to share their tips on how to get your team and organisation behind data analytics For the few stragglers who haven’t managed to be...

Data Privacy: A Key Link in Analytics ROI

 The analytics market has expanded. Where there was once only reactive analysis, prescriptive options have arrived, which are able to identify midsize issues and suggest timely correction. Predictive analytics has seen an upswing in adoption thanks to...

Data Repurposing: The Underpinning of Predictive Analytics?

 C-suite executives are at once enamored and afraid of big data. The notion of information created moment-to-moment and with every action of a company hints at massive analytics opportunity, but it can seem simultaneously overwhelming. Increasingly, IT...

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