Category Archives: Business Analytics

Lying with Statistics

Posted on September 3, 2017 by decisionmanagementcommunity

Lying with statistics has been a thing for a long time, but charts tend to spread far and wide these days. There’s a lot of them. Some don’t tell the truth. Maybe you glance at it and that’s it, but a … Continue reading →

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Business Analysis on One Page

Posted on June 13, 2017 by decisionmanagementcommunity

Kevin Brennan tried to present on one page “what the core of business analysis is”:

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A Practical Guide to Machine Learning

Posted on May 19, 2017 by decisionmanagementcommunity

Rob Thomas and Jean-François Puget published “A Practical Guide to Machine Learning: Understand, Differentiate, and Apply“. Along with typical Machine Learning traps, it provides practical advises, e.g.: 1) “Move application development from programming to training: instead of writing new code, the … Continue reading →

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Two Frustrations With the Data Science Industry

Posted on May 14, 2017 by decisionmanagementcommunity

On May 13, 2017 Nathan Brixius described his frustrations with data science industry (such as overclassification and overreliance on credentials) starting with this rant: “I don’t give a shit if you call yourself a data scientist, an analyst, a machine learning practitioner, … Continue reading →

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Interpreting Machine Learning

Posted on May 2, 2017 by decisionmanagementcommunity

“You’ve probably heard by now that machine learning algorithms can use big data to predict whether a donor will give to a charity, whether an infant in a NICU will develop sepsis, whether a customer will respond to an ad, … Continue reading →

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Transforming “Dark Data” into Data-Driven Insights

Posted on April 6, 2017 by decisionmanagementcommunity

A new paper, written by Tho Nguyen of Teradata and James Taylor of Decision Management Solutions, examines “Dark Data” that includes sensor and streaming data, image data, audio and video data, as well as semi-structured data (e.g., log files, survey data, notes or presentations, email correspondence, … Continue reading →

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What Exactly The Heck Are Prescriptive Analytics?

Posted on February 25, 2017 by decisionmanagementcommunity

On Feb. 20 Mike Gualtieri from Forrester wrote: “Prescriptive analytics is about using data and analytics to improve decisions and therefore the effectiveness of actions. Isn’t that what all analytics should be about? A hearty “yes” to that because, if analytics does not … Continue reading →

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Turn business problems into machine learning algorithms

Posted on February 22, 2017 by decisionmanagementcommunity

“To solve any business problem, you must first start with a business question. Some vendors speak too much about “magic.” In their eyes, you combine data, machine learning and cognitive artificial intelligence, and you get magic. That may be true … Continue reading →

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Getting Real About AI in Insurance

Posted on February 11, 2017 by decisionmanagementcommunity

Sapiens gathered five of its leading subject matter experts for a quick Q&A to get real about artificial intelligence (AI) in the insurance industry. A quote: “Question. How insurers can prepare for a more “intelligent” future? Answer: The best way for … Continue reading →

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Measuring Customer Loyalty Index and Using It to Make Smarter Sell/Buy Decisions

Posted on January 9, 2017 by jacobfeldman

I thought DMCommunity readers will be interested to listen this informal presentation given by a real-world Data Scientist without pseudo-scientific references. One of my long-time colleagues, Igor Elbert today is VP of Data Science at Tapad. Previously he applied predictive and … Continue reading →

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