2018

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Five Strategies for Slaying the Data Puking Dragon.

Occam's Razor

If you bring sharp focus, you increase chances of attention being diverted to the right places. That in turn will drive smarter questions, which will elicit thoughtful answers from available data. The result will be data-influenced actions that result in a long-term strategic advantage. It all starts with sharp focus. Consider these three scenarios…. Your boss is waiting for you to present results on quarterly marketing performance, and you have 75 dense slides.

Strategy 215
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What Business Analysts Can Learn From Swiss Cheese

BA Learnings

Swiss cheese has holes in various places on different slices of cheese when you cut it up. Let’s imagine these holes reflect weaknesses in the system where mistakes can pass through, afterall no system is perfect. One mistake passing through a hole in one slice of cheese might remain unnoticed and not lead to a business catastrophe, if it's corrected.

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Top 12 BI tools of 2019

CIO

With more and more data at our fingertips, it’s getting harder to focus on the information relevant to our problems and present it in an actionable way. That’s what business intelligence is all about. To read this article in full, please click here (Insider Story

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Consolidation around Cognos 11.1 and other news from IBM Analytics University

David Menninger's Analyst Perspectives

IBM's Analytics University (held in both Miami and Stockholm) brought about some large changes. Big announcements this year included a consolidation of IBM's Watson Analytics into Cognos 11.1, helping provide some clarity to their analytics offerings, along with new visualizations and better data preparation. This also includes a new conversational assistant to help generate narrative explanations of displays and interactive queries.

Analytics 144
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Subsurface: The Ultimate Data Lakehouse Conference

Speaker: Panel Speakers

We’ve just opened registration for Subsurface LIVE 2023! Learn how to innovate with open source technologies such as Apache Arrow, Delta Lake, and more. Register now to secure your spot at Subsurface LIVE being held March 1-2, 2023.

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Meta-Learning For Better Machine Learning

Rocket-Powered Data Science

In a related post we discussed the Cold Start Problem in Data Science — how do you start to build a model when you have either no training data or no clear choice of model parameters. An example of a cold start problem is k -Means Clustering, where the number of clusters k in the data set is not known in advance, and the locations of those clusters in feature space ( i.e., the cluster means) are not known either.

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Deep automation in machine learning

O'Reilly on Data

We need to do more than automate model building with autoML; we need to automate tasks at every stage of the data pipeline. In a previous post , we talked about applications of machine learning (ML) to software development, which included a tour through sample tools in data science and for managing data infrastructure.

More Trending

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The most practical causal inference book I’ve read (is still a draft)

Data Science and Beyond

I’ve been interested in the area of causal inference in the past few years. In my opinion it’s more exciting and relevant to everyday life than more hyped data science areas like deep learning. However, I’ve found it hard to apply what I’ve learned about causal inference to my work. Now, I believe I’ve finally found a book with practical techniques that I can use on real problems: Causal Inference by Miguel Hernán and Jamie Robins.

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IRM Is Essential for Digital Transformation Success

John Wheeler

Last week, I had the distinct privilege to join my Gartner colleagues from our Risk Management Leadership Council in presenting the Q4 2018 Emerging Risk Report. We hosted more than 500 risk leaders across the globe in our exploration of the most critical risks. The Q4 2018 Emerging Risks Survey, designed by Gartner, captures and analyzes senior executives’ opinions on emerging risks and provides actionable insight on identifying and mitigating these risks.

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AI Unlocks The Business Intelligence In BI

Boris Evelson

In most enterprises, data access is a fait accompli: 72% of global data and analytics decision makers say that they can access the data they need to obtain insights in a timely manner. However, even the most modern BI tools that make data more accessible still require significant subject matter expertise to find the right […]. advanced analytics analytics applications artificial intelligence (AI) business intelligence predictive analytics

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Top 10 Data Governance Predictions for 2019

erwin

This past year witnessed a data governance awakening – or as the Wall Street Journal called it, a “global data governance reckoning.” There was tremendous data drama and resulting trauma – from Facebook to Equifax and from Yahoo to Marriott. The list goes on and on. And then, the European Union’s General Data Protection Regulation (GDPR) took effect , with many organizations scrambling to become compliant. So what’s on the horizon for data governance in the year ahead?

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4 Key Steps to Data Transformation Success with Data Mesh

It’s tougher than ever to give your clients the data and insight they need, when they need it (and how they want it) – while addressing issues like security. Find out how data mesh architectures can help you meet these challenges and more.

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Unsexy Fundamentals Focus: User Experiences That Print Money

Occam's Razor

Like me, I'm sure you are working on complex challenges when it comes to data. Multi-petabyte data warehouses. Multi-touch, cross-channel attribution analysis. Media mix modeling. Predictive analytics. Human-centric analysis. Oh, and let's not forget the application of machine learning to every facet of your work. It is genuinely fun to work on these opportunities. They’re difficult, and every step forward offers a renewed sense of excitement and inspiration.

Sales 109
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Confirmation Bias: What BAs Can Learn From Data Scientists

BA Learnings

When we have a strong belief about something or a bias towards a particular opinion, we consciously or unconsciously seek out evidence that validates what we already believe. When we come across contrary evidence, our default behaviour is to ignore it, diminish it or in some cases, conclude that it’s wrong prematurely without exploring its merits. This behaviour is due to a cognitive bias known as confirmation bias.

Testing 144
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How AI is Lowering the Barrier to Entry for BI and Analytics

Birst BI

According to Gartner, more than 3,000 CIOs ranked Business Intelligence (BI) and Analytics as the top differentiating technology for their organizations. If BI and Analytics is such a game-changer, then why is the average adoption rate in organizations only 32%?

KPI 72
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News and Announcements from Tableau and TC18

David Menninger's Analyst Perspectives

Once again I attended Tableau's Users Conference, along with 17,000 other attendees, affectionately self-referred to as "data nerds". Pushing the envelope in data capabilities and access, Tableau introduced the "Ask Data" feature, allowing users to prose natural language queries and receive a response, along with new data preparation capabilities and other enhancements to help data analysts.

Data Lake 140
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5 Powerful Prescriptive Analytics Examples in Supply Chain

Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. Supply chain, with its complex planning questions, is typically an area where optimization technology is required. Read about 5 use cases.

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Recent top-selling books in AI and Machine Learning

Rocket-Powered Data Science

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Managing risk in machine learning

O'Reilly on Data

Considerations for a world where ML models are becoming mission critical. In this post, I share slides and notes from a keynote I gave at the Strata Data Conference in New York last September. As the data community begins to deploy more machine learning (ML) models, I wanted to review some important considerations. Let’s begin by looking at the state of adoption.

Risk 170
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The journey to AI is easier than you might think

IBM Big Data Hub

Only IBM has step by step framework that helps clients accelerate their journey to AI – and it starts with Information Architecture.

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Big Data And Analytics Has Been Around Forever! Why Is It Still Important?

Timo Elliott

These are some quick answers to some common questions I get about Business Intelligence, Big Data, and Analytics: Big Data. The term has been around for quite some time. Why is it still important for innovative businesses? It’s clear that data is one of the most important assets of the future. Organizations want to optimize their end-to-end customer experience, to improve productivity, and to engage the workforce in new ways. All of these things require data and analytics.

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Getting Started With Scenario Modeling in Supply Chain Network Design

To build your supply chain’s agility and responsiveness, you need to look at scenarios more frequently instead of relying on a single plan. Let’s explore how you can apply scenario modeling in supply chain network design.

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What Kagglers are using for Text Classification

MLWhiz

With the problem of Image Classification is more or less solved by Deep learning, Text Classification is the next new developing theme in deep learning. For those who don’t know, Text classification is a common task in natural language processing, which transforms a sequence of text of indefinite length into a category of text. How could you use that? To find sentiment of a review. Find toxic comments in a platform like Facebook Find Insincere questions on Quora

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Crawling the internet: data science within a large engineering system

The Unofficial Google Data Science Blog

by BILL RICHOUX Critical decisions are being made continuously within large software systems. Often such decisions are the responsibility of a separate machine learning (ML) system. But there are instances when having a separate ML system is not ideal. In this blog post we describe one of these instances — Google search deciding when to check if web pages have changed.

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Data governance is not a sailor’s yarn

eSchool News

Whether you want to build a bridge, explore the sea, or simply try to identify new markets, you will only be as good as the data you use. This means it must be complete, in context, trusted and easily accessible to drive insights

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Closing Data's Last-Mile Gap: Visualizing For Impact!

Occam's Razor

I worry about data’s last-mile gap a lot. As a lover of data-influenced decision making, perhaps you worry as well. A lot of hard work has gone into collecting the requirements and implementation. An additional massive investment was made in the effort to perform ninja like analysis. The end result was a collection trends and insights. The last-mile gap is the distance between your trends and getting an influential company leader to take action.

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Data Value Scorecard Report

This report examines the quantitative research of data leaders on data value and return on investment.

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5 Simple Ways BAs Can Avoid Repeating Mistakes From Past Projects

BA Learnings

Once you embark on a new business analyst job or project, chances are that you will try to avoid past mistakes and look for ways in which you can deliver better results. A lot can be said for this motivation. The beginning of a project is usually an opportunity for a fresh start. Regardless of how advanced your business analysis skills are, or how fine-tuned your business analysis process is, there is always room to do better.

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Inside the Mind and Methodology of a Data Scientist

Birst BI

When you hear about Data Science, Big Data, Analytics, Artificial Intelligence, Machine Learning, or Deep Learning, you may end up feeling a bit confused about what these terms mean. And it doesn’t help reduce the confusion when every tech vendor rebrands their products as AI. So, what do these terms really mean? What are overlaps and differences? And most importantly, what can this do for your business?

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The Market of Data at Strata

David Menninger's Analyst Perspectives

In 2017 Strata + Hadoop World was changed to the Strata Data Conference. As I pointed out in my coverage of last year’s event , the focus was largely on machine learning and artificial intelligence (AI). That theme continued this year, but my impression of the event was of a community looking to get value out of data regardless of the technology being used to manage that data.

Marketing 126
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Machine Learning Making Big Moves in Marketing

Rocket-Powered Data Science

Machine Learning is (or should be) a core component of any marketing program now, especially in digital marketing campaigns. The following insightful quote by Dan Olley (EVP of Product Development and CTO at Elsevier) sums up the urgency and criticality of the situation: “If CIOs invested in machine learning three years ago, they would have wasted their money. But if they wait another three years, they will never catch up.” ” This statement also applies to CMOs.

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Best Practices to Model Carbon Costs in Supply Chain Network Design

How to model carbon costs in your supply chain design? Make conscious choices by comparing scenarios indicating at which points in the supply chain carbon emissions occur and achieve the right balance between sustainability and cost.

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Building tools for enterprise data science

O'Reilly on Data

The O’Reilly Data Show Podcast: Vitaly Gordon on the rise of automation tools in data science. In this episode of the Data Show , I spoke with Vitaly Gordon , VP of data science and engineering at Salesforce. As the use of machine learning becomes more widespread, we need tools that will allow data scientists to scale so they can tackle many more problems and help many more people.

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Why next-generation execs should care about data governance

IBM Big Data Hub

There’s a general need for next-gen executives to not only understand corporate regulations, but be able to adhere to and follow them using metadata solutions like data governance. As the business world’s top asset becomes data, data governance will ensure that data and information being handled is consistent, reliable and trustworthy. Establishing and deploying an analytics platform that embeds data governance and data integration, amongst other solutions, has never been more critical

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Cloudera + Hortonworks, from the Edge to AI

Cloudera

We’ve just announced that Cloudera and Hortonworks have agreed to merge to form a single company. I want to explain the thinking behind the deal and the combination. Rob Bearden from Hortonworks has written up a post sharing his thoughts, as well. First, remember the history of Apache Hadoop. Google built an innovative scale-out platform for data storage and analysis in the late 1990s and early 2000s, and published research papers about their work.

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Defining data science in 2018

Data Science and Beyond

I got my first data science job in 2012, the year Harvard Business Review announced data scientist to be the sexiest job of the 21st century. Two years later, I published a post on my then-favourite definition of data science , as the intersection between software engineering and statistics. Unfortunately, that definition became somewhat irrelevant as more and more people jumped on the data science bandwagon – possibly to the point of making data scientist useless as a job title.

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TCO Considerations of Using a Cloud Data Warehouse for BI and Analytics

Enterprises poured $73 billion into data management software in 2020 – but are seeing very little return on their data investments. 22% of data leaders surveyed have fully realized ROI in the past two years, with 56% having no consistent way of measuring it.