 I keep saying that the sexy job in the next 10 years will be statisticians.  Hal Varian, Ph.D., Chief Economist at Google Big Data (Volume, Velocity, & Variety) represents a paradigm shift in approach and methodology for certain applications, yet not in statistical thinking or statistical assumptions. These, we will need in abundance. First, we will expose the growing … [Read more...] about Analyzing Big Data Will Require More Statistics
big data analytics
Our Iceberg is Melting. Now Where’s that Data Scientist?
On the face of it, John Kotters seminal book Our iceberg is melting is a simple tale of a group of penguins who are scared about losing their home, their iceberg, and yes, even more scared of the changes that could entail. But through that simple story and their struggle for finding their new home, the story delivers a more powerful message that could be increasingly relevant … [Read more...] about Our Iceberg is Melting. Now Where’s that Data Scientist?
Analytics and Exponential, Unpredictable Growth
If I gave you the choice of winning either $1,000,000 or one penny doubled every day for a month, which one would you pick? The million dollars sounds pretty good, doesnt it? However, by the time day 30 comes along that penny doubling will be worth more than $5 million due to the power of exponential growth. When considering which new analytics to tackle, organizations often … [Read more...] about Analytics and Exponential, Unpredictable Growth
Big Data Summit US
A forum for innovative IT thought leaders C-level executives in every industry are faced with large amounts of data, which can be viewed as both a burden and an opportunity. Executives tasked with overseeing company data must strike a balance between everyday data management tasks and effectively leveraging data through analytics and analysis. The Big Data Summit is a … [Read more...] about Big Data Summit US
Real-Time Analytics and the Internet of Things are a Perfect Match
The Internet of Things is here and is here to stay. With billions of devices already connected and another trillion coming our way in the next decade, organizations should prepare themselves for a data flood. A data flood that can generate real-time insights in how the organization is performing. Using a plethora of data sources, such as smart meters, in-store sensors, medical … [Read more...] about Real-Time Analytics and the Internet of Things are a Perfect Match
