A week after November’s United States presidential election and Nate Silver was everywhere. Already an established member of the American political commentariat via his blog FiveThirtyEight.com, Silver’s name went into the stratosphere after he correctly predicted the winner of all 50 US States and the District of Colombia in the 2012 race for the White
The National Security Agency probably isn’t spying on you. It’s just measuring you for risk, according to two experts on the science of predictive analytics and data mining. The NSA’s Prism program, it has now been revealed,...
Today, data is BIG: It disrupts, defines, and determines a spate of outcomes, from elections to medical treatments. Data “embodies a priceless collection of experience from which to learn,” according to Siegel. “Every medical procedure, credit application,...
Analytics and big data are becoming business imperatives. One big element that separates them from unstructured data pools or BI drill-down reports is that analytics can be used to “tell a story,” typically with visualizations. The...
The travel company cuts costs, improves pricing accuracy and speeds page loads. Travel booking and comparison shopping web site Orbitz Worldwide is making a case for hiring staff with math skills. With a statistical analysis, its hotels...
In our world of rising costs and shrinking funds, a rising number of colleges are in real financial trouble. Institutes are deep in debt as they’ve borrowed heavily to fix aging infrastructure, keep up with competitors and...
In the future, doctors will be better able to help us ward off illnesses by analyzing information buried in medical records. That effort will be greatly enhanced by the ability to access electronic medical records in...
Midsize Insider :: Every department within a midsize business needs for data analysis tools. Whether one is considering IT, sales, customer service, or any other grouping, the collection and interpretation of data can improve products, interaction...
Toward the end of last year I suggested, predicted even, that prediction was going to be hot in our space in 2013. As we approach the halfway point of the year, it’s not a bad time to...
As you might have heard before if you read McKinsey reports, the New York Times or just about any technology news site, data scientists are in high demand. Heck, the Harvard Business Review called it the sexiest...