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Archive for the ‘Data’ Category

Lately, I have been thinking about the entire big data trend. Fundamentally, it makes sense to me and I believe it is useful for some enterprise class problems,  but something about it had been troubling me and I decided to take some time and jot down my thoughts.  As I thought more about it, I [...]

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Interesting stories on information & decisions that influenced my thinking and were tweeted by me: Extending the value of operational #data to serve your customers. Netflix ISP comparison http://tinyurl.com/4whjd3o Coal economics and computer chips. Demand driver for need for more #analytics http://bit.ly/f6Hme2 Excellent paper for #analytics practitioners on customer lifetime value and RFM models http://bit.ly/dkdkaa [...]

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Theme 3: Integrating third-party data into predictive analysis This is the third installment of the eight part series on predictive analytics (see part 1, part 2). Perhaps one of the most significant opportunities for organizations using predictive analytics is incorporating new relevant third-party data into their analysis and decision-making process.  Investment in a targeted and [...]

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Earlier this week, I suggested a potential business application of IRS’s internal migration data for a moving and relocation company. Folks at Neilsen Claritas just found a far more interesting correlation which should have driven a lot of business decisions.  They note: Today’s presence of underwater mortgages, or homes with negative equity, seem to be [...]

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One subject that has not received a lot of coverage in the analytics blogging circle is the current administration’s data.gov project. While still in its infancy the data.gov is an outcome of the government’s transparency initiative called Open Government Directive. In December, all government agencies were asked to produce and publish three new ‘high value’ [...]

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The theme of this blog is to understand how actionable information in form of decision support tools will lead to next wave of efficiencies and competitive advantage. However, the reverse is probably more stark. Not investing in the table stakes data aggregation and reporting process capabilities can also hurt, and it can hurt big time. [...]

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I believe that the next wave of productivity improvement in companies is going to come from investment in decision support tools. In our economy almost all workers are now knowledge workers. However unlike the workers of the industrial era, we still do not have the right set of tools to support our knowledge workers. We [...]

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