If we were able to predict the future, we would be able read the minds of our customers and know exactly what they wanted. The closest we can get to this supernatural ability is utilizing predictive analytics to tap into the hidden treasures that reside in big data that every organization is wrestling with nowadays.
Daniel Kahneman is a psychologist who was awarded the 2002 Nobel Prize for his influence on the burgeoning field of behavioral economics. I recently read his bestselling 2011 book “Thinking Fast and Slow” . The book begins...
London UK, 11 September 2013 Rising Media producer of Predictive Analytics World, today announced details of this year’s London event. Details of which can be found at www.predictiveanalyticsworld.com, Predictive Analytics World London 2013 takes place on 23-24...
The Securities and Exchange Commission is using predictive analytics to evaluate risks facing the brokerage industry regulated by the agency and, potentially, to pinpoint firms headed for trouble. Beginning this financial quarter, the SEC’s newly created Division...
Security analyst Bruce Schneier’s post on the apparent failure of the U.S. government to stop Syria’s alleged use of chemical weapons holds lessons for Big Data and CIOs. Security analyst Bruce Schneier’s post on the apparent failure...
Most pundits will have an opinion on who will triumph in this year’s US Open men’s final – Rafael Nadal or Novak Djokovic – but the best insights into who will be crowned champion will come...
We’re now in the crossfire of a peaking hype cycle for big data and its inevitable backlash. One marketer the other night was yelling on Twitter, “Big Data People need to GET OFF MY LAWN.” I confess,...
To overcome these challenges, network managers expect to transform almost half of their agency’s infrastructure by 2015. Federal agencies plan to fully deploy data center consolidation, mobility, security, big data and cloud computing (the Big Five) efforts...
Once you have identified decisions that could usefully be improved by predictive analytics you must develop predictive analytic models for each decision. Each decision is going to require a different predictive analytic model, perhaps several. Some predictive...
The rising prevalence and increasingly varied applications of business intelligence software and analytics solutions continue to be a hot topic in the business world. Companies in a wide variety of sectors are approaching these tools and finding different...
