Human beings have a difficult time ascertaining the right method to apply when predicting the outcome of a problem. The company making that assertion demonstrated its own case in point.
Put all three types of analytics together and you get an entire picture of the situation and possible solutions.
It may very well be a supremely useful automation tool for the emerging field of data scientists who need to test mathematical models without building them manually. But that's not the message its vendor is sending.
Splunk made a big splash this week in a series of announcements that aggressively ups their big data game. Topping the list is a deal with Amazon Web Services (AWS) to integrate Hunk on Amazon Elastic Map Reduce. But of equal import are the announcements of an upgrade to the flagship platform and a new mobile tool on the heels of the BugSense acquisition.
Using analytics only for internal reflection is myopic and dangerous. Why? Because you may very well find yourself improving processes and products that will soon become obsolete and understanding customers who are on their way out the door…forever.
eBay and Redbox shared their uses and plans for predictive analytics at the Predictive Analytics World Conference in Chicago recently.
An infographic built from a recent Lavastorm Analytics' survey will give you a good glimpse of what is going on in the analytics community.
The risk that patient-doctor communications could be intercepted by a third-party is significant. Encryption of data and phone conversations is an option, but that would be both expensive and cumbersome for both patient and doctor.
Many nations are immersing themselves in big data and linking to open data in their countries to aid international efforts.
The top news stories for June 3, 2014.