In dealing with Big Data, youve probably heard the term data modeling being used as a core concept in dealing with large amounts of data. Its a term you should be familiar with, and in this column, well explore what it is and, more critically, why its important. Data modeling is a branch of specialization in and of itself, and while this article will introduce you to the basic … [Read more...] about 6 Benefits of Data Modeling in the Age of Big Data
modeling
Why Prediction Is / Is Not Part of Statistics
"The only useful function for a statistician is to make predictions, and thus provide a basis for action."  W. Edwards Deming Myth #4: Prediction is Not Part of Statistics This blog discusses the ambition of rebranding predictive modeling as predictive analytics; and why this will enlarge the coming flood of statistical malfeasance. The prediction problem involves … [Read more...] about Why Prediction Is / Is Not Part of Statistics
Quant Risk Americas 2015
CFP's Quant Risk Americas 2015 is a two-day Congress set to address the impacts of regulatory change on the quant risk professional. The Congress will tackle the key challenges facing quantitative risk managers with a strong focus on Model Validation, Stress Testing, CCAR, DFAST, Value Adjustments, and the Fundamental Review of the Trading Book. At Quant Risk Americas 2015 … [Read more...] about Quant Risk Americas 2015
10 Benefits of Big Data Governance for Your Organization
Despite popular belief, there needs not be a trade off between big data governance and an organizations initiatives involving big data. Big data governance also needs not eat into an organizations revenues. What is Big Data Governance? As the term implies, big data governance is the management of big data. Nevertheless, what is big data? Organizations nowadays have to deal … [Read more...] about 10 Benefits of Big Data Governance for Your Organization
Smart Data Summit 2015
The second edition of the Smart Data Summit, one of the largest data summits in the Middle East region, will attract over 300 delegates across the GCC and worldwide. It is a critical event for those dedicated to making better management decisions and leveraging their valuable data assets efficiently. Through keynote presentations, panel discussions and roundtable sessions, the … [Read more...] about Smart Data Summit 2015
