Advanced analytics is currently a hot topic among businesses, but who is actually using it and why? What are the challenges and benefits to those companies that are using advanced analytics? And, what is keeping some companies from exploring this technology? Hurwitz & Associates would like your help in answering a short (5 min) survey … Continue reading Who is using advanced analytics?
The other day I was looking at the analytics discussion board that I moderate on the Information Management site. I had posted a topic entitled “the value of advanced analytics.” I noticed that the number of views on this topic was at least 3 times as many as on other topics that had been posted … Continue reading Five requirements for Advanced Analytics
I just returned from the 6th annual Text Analytics Summit in Boston. It was an enjoyable conference, as usual. Larger players such as SAP and IBM both had booths at the show alongside pure play vendors Clarabridge, Attensity, Lexalytics, and Provalis Research. This was good to see and it underscores the fact that platform players … Continue reading Thoughts from the 6th annual Text Analytics Summit
I just got back from the SAS analyst event that was held in Steamboat Springs, Colorado. It was a great meeting. Here are some of the themes I heard over the few days I was there: SAS is a unique place to work. Consider the following: SAS revenue per employee is somewhat lower than the … Continue reading My Take on the SAS Analyst Conference
With 2010 now upon us, I wanted to take the opportunity to talk about five advanced analytics technology trends that will take flight this year. Some of these are up in the clouds, some down to earth. Text Analytics: Analyzing unstructured text will continue to be a hot area for companies. Vendors in this space … Continue reading Five Predictions for Advanced Analytics in 2010
There has been a lot of excitement in the market recently around business analytics in general and specifically around predictive analytics. The promise of moving away from the typical rear view mirror approach to a predictive, anticipatory approach is a very compelling value proposition. But, just how can this be done? Predictive models are complex. … Continue reading Operationalizing Predictive Analytics
IBM made a number of announcements last week at IOD regarding new products/offerings to help companies analyze content. One was Cognos Content Analytics, which enables organizations to analyze unstructured data alongside structured data. It also looks like IBM may be releasing a “voice of the customer” type service to help companies understand what is being … Continue reading A different spin on analyzing content – Infosphere Content Assessment
Last Friday, SAS announced that it was partnering with Teradata and Elder Research Inc. (a data mining consultancy) to open a Business Analytics Innovation Centre. According to the press release, “ Recognising the growing need and challenges businesses face driving operational analytics across enterprises, SAS and Teradata are planning to establish a centralised “think tank” … Continue reading SAS and the Business Analytics Innovation Centre
IBM has dominated a good deal of the news in the business analytics world, recently. On Friday, it completed the purchase of SPSS and solidified its position in predictive analytics. This is certainly the biggest leg of a recent three-prong attack on the analytics market that also includes: Purchasing Red Pill. Red Pill is a … Continue reading Four reasons why the time is right for IBM to tackle Advanced Analytics
Visualization can change the way that we look at data and information. If that data contains a geographic/geospatial component then utilizing location information can help provide a new layer of insight for certain kinds of analysis. Location intelligence is the integration and analysis of visual geographic/geospatial information as part of the decision making process. A … Continue reading What is location intelligence and why is it important?