When you survey the most frequent users of analytics and metrics in the corporate world, not surprisingly you find that HR ranks at the very bottom. Compared to finance, which is ranked No. 1, HR compares poorly with only half of its functions being classified as advanced users and three times more HR functions are
Summary: Is the addition of “Prescriptive” analytics to our nomenclature really worthwhile or are we just confusing our customers? I admit to being annoyed when this or that industry wag tries to coin a new term to...
I read two strangely similar articles last week. One was an article by Vincent Granville, entitled “The 8 worst predictive modeling techniques”. The other was an article on Forbes entitled “America’s 10 Best-Paying Jobs”. What on Earth...
Predictive modeling can lead to some pretty bad insights when done poorly, but overcoming some common issues can help users sidestep problems on predictive analytics projects. Predictive modeling can be a powerful tool to help businesses...
Majority of the insurers cite lack of IT resources as their biggest challenge in implementing anti-fraud technology. Predictive Analytics World for Business, March 29 – April 2, 2015 in San Francisco, will include five (5) sessions on...
For more case studies in predictive healthcare, see Predictive Analytics World for Healthcare, October 2015 in Boston. As data sources and technology advance, algorithms will be able to deliver better, personalized care. Though personalized medicine has yet...
Regression models, Monte Carlo simulations, and other methods for predicting what’s around the corner have been in use for decades. It’s only recently, though, that advances in information technology have made it possible for predictive tools to...
For more case studies in predictive healthcare, see Predictive Analytics World for Healthcare, October 2015 in Boston. When a helicopter rushed a 13-year-old girl showing symptoms suggestive of kidney failure to Stanford’s Packard Children’s Hospital, Jennifer Frankovich...
For more case studies in predictive healthcare, see Predictive Analytics World for Healthcare, October 2015 in Boston. This past week I attended the Predictive Analytics World Healthcare Conference in Boston. This was the first healthcare focused event...
The recently concluded Predictive Analytics World 2014 in Boston, Massachusetts, was chock full of insights from organizations who have successfully implemented analytics in a variety of settings. A few points stood out and I will attempt to...
