Do the BI vendors’ claims really stack up? “A little prediction goes a long way” wrote Eric Siegel in his popular Predictive Analytics book. True, predictive analytics is now part and parcel of most Business Intelligence (BI), analytics and Big Data platforms and applications. Forrester Research anecdotal evidence finds that open source R is
Data Scientists Salary Survey shows that industry data scientists are in a sweet spot, especially in US, Canada, and Australia, with average salary $135K. European and Asian data scientists salaries are significantly lower. By Gregory Piatetsky, Mar...
Predictive modeling use has increased in nearly every business line throughout P&C but is rarely leveraged across the enterprise. Following a growing trend in analytics, North American P&C insurers have increased predictive modeling use across the majority...
Intelligence isn’t the only quality you want in a data scientist. Here’s how to ensure your team members develop their breadth of knowledge and become more effective. Reality TV is one of my guilty pleasures. I had...
Never mind the political push-back against the Affordable Care Act (ACA), aka Obamacare, it is steadily proving to be a blessing in disguise for healthcare analytics. Traditionally laggards in implementing information technology (IT) solutions, healthcare companies are...
All the data in the world won’t increase the return on your advertising expenses by itself, but some clever ideas from a San Francisco analytics conference might. In back-to-back presentations, attendees at Predictive Analytics World heard how...
The game of blackjack offers six important lessons for managers trying to make sense of marketing data, according to the man who crunches the numbers for Orbitz Worldwide. Sameer Chopra, vice president of advanced analytics for the...
You don’t have to be Nostradamus to predict that predictive analytics is going to become more and more important to digital marketers. Gartner sees an ongoing shift from analyzing historical descriptive data in aggregate to tell the...
Recently, various empirical and semi-empirical models embedded in different modeling tools have been developed and recognized for their role in predicting pharmacokinetics of drugs in humans. These models have also been used to evaluate the effects of...
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