Data drives all the major decisions in the world today. Every business relies on data to make daily strategic decisions. Every decision from attending to customer needs to gaining competitive advantage is made thanks to data. As individuals we rely on data for even the most basic daily activities including navigation to and from work as well as for communicating with friends … [Read more...] about Bad Data that Changed the Course of History
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Big Data Series
A smart approach to learn Big Data Analytics & Digital Transformation Big Data Analytics & Digital Transformation Workshops are designed for organisations to help them learn the necessary tools to create a roadmap for a comprehensive, future-proof digital transformation strategy. Led by world-class gurus, these workshops are hosting key decision makers and senior … [Read more...] about Big Data Series
Statistics Denial Myths #13-14, Minimizing The Profession
"Leo Breiman was still a statistician, and while he critiques parts of his profession he's not dismissing the importance of statistics. The same can be said for David Donoho's excellent recent article, "50 Years of Data Science." The fact that some statisticians have too narrow a scope in no way diminishes the validity and importance of statistics to good decisions and valid … [Read more...] about Statistics Denial Myths #13-14, Minimizing The Profession
The Impact of Predictive Analytics on Horse Racing
Predictive analytics and big data have been used in sports for well over a decade. Using advanced statistical analysis allows professional sports franchises to better identify talent and predict future player performance. In 2002, the trend entered the mainstream when Billy Beane, the Oakland A's general manager, used it to create a cost-effective baseball roster. He used the … [Read more...] about The Impact of Predictive Analytics on Horse Racing
Data Quality, Analytics & Reporting for Financial Institutions
In a world where technology has ruled the data and information spaces, it has become extremely difficult for establish traditional companies, to stay truly innovative and competitive against the new non-traditional banks. All while trying to overcome challenges with meeting heightened regulatory requirements. Now more than ever, the industry must form a strong understanding … [Read more...] about Data Quality, Analytics & Reporting for Financial Institutions