Tag: analytics

Tumultuous Times for BI and Analytic Tool Vendors

Feb 10, 2016 |

My, what a week it was for business intelligence (BI) and analytic tools. First, industry darling Tableau Software (NYSE: DATA) lost half its market capitalization following earnings that disappointed Wall Street, which quickly punished competitors Qlik (NASDAQ: QLIK) and MicroStrategy (NASDAQ: MSTR). Gartner then added fuel to the fire by issuing a report finding more competition than ever in the space, thanks to the arrival of a tipping point in the drive to self-service tooling. The balance of power in Read more…

Connected Assets, Big Data and Better Decision-Making

Jan 25, 2016 |

New power does not come from data itself, but from the evolution of connectivity. First we connected computers, then we connected 2.3 billion people annually and then we connected sensors and machines. There is no doubt that our lives as humans are evolving. New technologies, including everything from our refrigerators and Fitbits to our cars and drones, have a huge impact on our lives. But they also have an even bigger ability to impact our business operations. Ninety percent of Read more…

What Analytics Says About Patent Trials

Jan 22, 2016 |

Obtaining a patent is the best way to protect your intellectual property, but sometimes you must defend that patent in court. Lex Machina, a provider of analytics for the legal industry, recently used its big data capabilities to analyze what’s going on at the federal Patent Trial and Appeal Board (PTAB). The PTAB is an administrative law body of the United States Patent and Trademark Office (USPTO) that decides issues of patentability. The board was created in 2012, and employs Read more…

Data Scientists: The Myth and the Reality

Jan 22, 2016 |

Given the fact that the term “data scientist” has only been around since 2008, it is a surprising fact to learn that there is a major global shortage of the wonderful wizards of big data. In 2008, DJ Patil, who at the time was the head of analytics at LinkedIn (NYSE: LNKD), created the “people you may know feature” through the interpretation of big data. This gives you an idea how the use of big data has shaped our everyday Read more…

Big Data Spreading Everywhere Like Air, Deloitte Says

Jan 13, 2016 |

For some, the downward trend of the term “big data” on Web word counters and disappearance off hype curves is an indication that the phenomenon has past, that big data is now neither a problem to be solved nor an opportunity to be taken advantage of. But some smart folks see the situation differently, including those at Deloitte Consulting, who say big data has become like the air we breathe. Deloitte uses the phrase “everywhere analytics” to describe how the Read more…

What Data Science Skills Employers Want Now

Jan 7, 2016 |

There’s good news if you’re for a job in data science in 2016 — the number of job openings in the field appears to be rising as companies look to leverage big data for competitive advantage. But actually landing a coveted data science job means having the right mix of skills, and you may be surprised to learn what skills are most in demand by employers. The folks at CrowdFlower recently did an analysis of the 3,490 postings for data Read more…

How Big Data Analytics Is Shaking Up the Insurance Business

Jan 5, 2016 |

The insurance industry is–by definition and by practice–generally averse to risk. But thanks to the success of early adopters of data analytics, insurance companies in the $1.1-trillion U.S. market are scrambling to ramp up their own data analytics practices before it’s too late. In his 25 years in the insurance business, Capgemini’s Seth Rachlin has never seen insurance companies move so quickly to change their business models. “Traditionally insurance has been a slow-moving business,” says Rachlin, who is a vice Read more…

Webinar: Data Management for Advanced Analytics and More from SAS and Hortonworks

Dec 17, 2015 |

As rearview analysis moves into our rearview mirror, it’s time to explore the new world of iterative and exploratory analysis. Join us as we discuss how Hortonworks and SAS work in concert to bridge the gap between data sources and advanced analytics.

Industry Speaks: Top 33 Big Data Predictions for 2016

Dec 15, 2015 |

What will happen in big data in 2016? You’d think that would be a cinch to answer, what with all the deep neural net and prescriptive analytic progress being made these days. But in fact the big data predictions from the industry are all over the map. Datanami received dozens of predictions from prominent players in the industry. Here is a culled collection of the most interesting ones. Oracle sees the rise of a new type of user: the Data Read more…