BI
Just how much does a 10 percent increase in data usability equate with sales? The retail industry reported the maximum average increase of nearly 50 percent in sales per employee for a 10 percent improvement in data usability. Full Storymore
Big Data has arrived and is making its presence felt. Rather than viewing it as a challenge, more and more businesses are mining Big Data in their organizations to help improve business performance and elevate the customer experience.Full Storymore
Citi, IBM and Streetline recently announced a $25-million credit facility to fund innovation in parking and help transform cities around the globe.Full Storymore
Convergys Corp. has received a new patent from the United States Patent and Trademark Office (USPTO) for an analytics technique that links Interactive Voice Response (IVR) system and caller satisfaction data.Full Storymore
The use of social network analysis (SNA) to explore and understand the social structure of the customer base, first used in the telecommunications industry, is fast gaining adoption into other vertical markets. Full Storymore
SAS and United Nations Global Pulse have learned that social media chatter and conversation sentiment could warn of pending unemployment increases and inform policymakers of the likely effects. Full Storymore
The Society of Critical Care Medicine (SCCM), a non-profit organization that connects physicians and other healthcare professionals in more than 100 countries, has started using IBM Web analytics to mine through information for patient treatment and make them more easily accessible.Full Storymore
As social media users weighed in their Oscar picks leading up to the 84th Academy Awards last February 26, IBM, the University of Southern California Annenberg Innovation Lab, and the Los Angeles Times went to work to measure the public sentiment. Full Storymore
Mexican retailer Liverpool has started using SAS Analytics to develop customer profiles to better engage them in targeted promotions and credit offers.Full Storymore
The business intelligence (BI) market is not exempt from cloud-related hype, according to research firm Gatner. By 2013, every major BI platform vendor will present a cloud offering, but these will account for just 3 per cent of total BI revenue.Full Storymore
Beginning this year, Orlando Magic will use SAS software tools for automated reporting and analysis of game statistics to further improve its game.Full Storymore
Operational business intelligence (BI) pros are urged to keep real-time BI simple. This article cites three mistakes to avoid during presentation.Full Storymore
Using SAS Analytics, a University of Central Florida (UCF) research team won the fifth annual Data Mining Shootout by showing that winter storms had the greatest impact on infectious diseases, surpassing the effect of floods, thunderstorms and windstorms. Full Storymore
We've come a long way. Things change, and they change quickly; the only eternal truth is that nothing's constant. It's glib, but it's true. And, those who don't (or can't) adjust get relegated to the history books.Full Storymore
The Census and Statistics Department (C&SD) of the Hong Kong Special Administrative Region (HKSAR) government aims to provide high-quality statistical services to facilitate policymaking and research within the government and in the community.Full Storymore
Within five months of purchasing SAS, Korea Power Exchange had a single, consolidated view of its data – showing supply and demand in real time. The project worked so well that the exchange added an analytics component a year later. The database is about 2 terabytes in size and with SAS, the exchange can extract and load 400 records every two seconds. Full Storymore
Mining data to extract useful and enduring patterns remains a skill that is arguably more art than science. It is essential not to lack (proper) data, focus on training, rely on one technique, ask the wrong question, listen (only) to the data, accept leaks from the future, discount pesky cases, extrapolate (practically and theoretically), answer every inquiry, sample casually, or believe the best model.Full Storymore
Bringing business intelligence tools down the departmental and business unit level tend to be more effective than pushing through with a cumbersome strategy that aims to develop an enterprise-wide BI strategy, as some business have done over the years.Full Storymore
Steady growth for business intelligence in 2010, but without much help from Twitter, FacebookFull Storymore
With an increased awareness of the need to prove technological implementations, CIOs are increasingly investing on business analytics to mine important information that can increase value and deliver quick ROI to the business, research from IDC reveals.Full Storymore