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Culture/Leadership

Why Analytics Professionals Are Destined for Leadership

September 2, 2015 by Linda Burtch

From the phenomenal increase in the number of calls that analytics professionals are getting from recruiters, to the fact that nearly every quantitative team is planning to hire this year, it is overwhelmingly clear that there has never been a better time to be a Quant.[read more]

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As the Internet of Things Mobilizes, Safeguarding the Cloud Is Our Prerogative

August 6, 2015 by Daniel Matthews

Where we drive with big data now will determine our destination on the Internet of Things superhighway. Securing data on the cloud is imperative--here is a rundown on doing just that.[read more]

5 Ways That Qantas Is Using Data to Delight Customers and Build Loyalty

June 18, 2015 by Trips Reddy

While many retail, sports, manufacturing, healthcare and entertainment companies are already using data to improve customer experiences, the airline industry hasn’t caught up yet. But a handful of airlines are trying to change both this. By using a customer data platform like Umbel to merge web, mobile and social data from multiple sources, and training their staff to use this data better, airlines like Southwest, United and Qantas are using actionable data insights to deliver personalized customer experiences that delight flyers and build loyalty.[read more]

When Big Hearts Meet Big Data: 6 Nonprofits Using Data to Change the World

June 12, 2015 by Sima Thakkar
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When people think of big data, they often think of machines, robots and things that might be generally impersonal. But when you couple data with an altruistic mission, the results can be astounding. As we sink deeper into the digital era, nonprofits are now presented with new opportunities. For example, 56% of people donated to an organization because they read a story via social media. Fundraising sites such as DonorsChoose.org, Causes.com and Network for Good allow organizations to raise money with a simple click of a button.[read more]

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Expert Speak: 6 Highlights and Lessons from the 2015 CDO Summit

May 8, 2015 by Trips Reddy

The 2015 CDO Summit.

The CDO Summit 2015 (at the Thomson Reuters office in New York City) hosted Chief Digital Officers, Chief Data Officers and other C-suite digital leaders from a range of industries including retail, finance, healthcare and technology. Organized by the CDO Club, a packed day of sessions, panels and knowledge-sharing highlighted original research, the CDO jobs landscape and the challenges faced by CDOs as they focus on digital transformation at their companies.[read more]

When the Right People Correlate the Right Information, Expect a Masterpiece

April 15, 2015 by Mike Urbonas

Arthur Aufderheide.

Organizations with genuine passion for its mission have a substantial innate advantage when developing and/or utilizing BI technology. They will uncover more/better/faster new data correlations revealing new business answers drawn from new big data, information management, data analytics and other technologies. This is because they will relentlessly ask more new, piercing questions about their business.[read more]

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Problems with the Language of Probability

April 6, 2015 by Paul Barsch

Risky Business column.

Using probabilistic terminology to communicate the “likelihood” of an event occurring to those untrained in understanding such terms, can in some instances lead to the ruin of careers, companies and in worst cases—loss of life.[read more]

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Abolish Daylight Savings Time

March 8, 2015 by Shawn Gordon

Daylight savings.

The time is long past to leave the anachronistic use of Daylight Savings Time behind us, and here is why. Ultimately, it is the arrogance of politicians that seem to think they are creating or giving you an extra hour of daylight, when in fact they are just controlling everyone's behavior.[read more]

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Why Are Mid-Market Companies Waiting to Embrace Big Data?

February 7, 2015 by Mithun Sridharan
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Big insight.

Though many companies endorse the potential benefits of Big Data, very few are actually giving this development some serious thought. Particularly, many mid-market companies view this trend with much skepticism and closely seek confirmation from their risk affine industry peers. Among the numerous factors that hamper Big Data adoption in this sector, the most dominant is the Penguin Effect.[read more]

Business Analytics Error: Learn from Uber’s Mistake During the Sydney Terror Attack

January 24, 2015 by RK Paleru
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Uber.

Recently, as a sad day of terror ended in Sydney, a bad case of Uber’s analytical approach to pricing came to light - an “algorithm based price surge.” Uber’s algorithm driven price surge started overcharging people fleeing the Central Business District (CBD) of Sydney following the terror attack.[read more]

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Changing Your Mind About Big Data Isn’t Dumb

December 9, 2014 by Paul Barsch

Risky Business column.

While big data technologies have enjoyed plenty of hype, there’s a new reality setting in regarding getting more value from big data investments. With this in mind, it's OK to step back for a moment, pause your programs for a time if necessary, and—yes, even change your mind about big data.[read more]

Collaboration Between Teams Using the Same Data in Different Ways

December 8, 2014 by Peter James Thomas

Collaboration.

The title of the discussion thread posted was “Business Intelligence vs. Business Analytics: What’s the Difference?” and the original poster was Jon Dohner from Information Builders. To me the thread topic is something of an old chestnut and takes me back to the heady days of early 2009. Back then, Big Data was maybe a lot more than just a twinkle in Doug Cutting and Mike Cafarella‘s eyes, but it had yet to rise to its current level of media ubiquity.[read more]

Data Innovation in Africa

December 6, 2014 by Travis Korte

Africa.

While many commentators have focused on data-driven innovation in the United States and Western Europe, developing regions, such as Africa, also offer important opportunities to use data to improve economic conditions and quality of life. Three major areas where data can help are improving health care, protecting the environment, and reducing crime and corruption.[read more]

Big Data Ethics and Your Privacy [INFOGRAPHIC]

November 29, 2014 by Mark van Rijmenam

Internet saturated nations

Unlike a few years ago, a lot more people understand that services like Google, Facebook or Twitter are not free of charge, but are paid for with our data. How do we feel about that? How do we feel about privacy and security? And what are some of the common Internet values related to privacy?[read more]

The Future of Big Data, Visualized [INFOGRAPHIC]

November 24, 2014 by Tracey Wallace

Future of big data

We'd start a public petition for blog posts about big data to stop using the "every day, we create 2.5 quintillion bytes of data" stat if we could. In this infographic, we break down how the industry has changed over time, and show the projected path for the years to come.[read more]