Predicting the S&P: Voodoo Quantation, and Big Data
I try to be positive. I really do. But yesterday…
Combatting Data Puddles
Since the dawn of analytics organizations have struggled…
Data Visualization and the U.S. House - A New Approach #4
As I suggested in the last post, let’s try using a table instead of a graph to see how House of Representatives election results correlate with the incumbent president’s party
Big Silos: The Dark Side of Big Data
The bigness of your data is likely not its most important characteristic. In fact, it probably doesn’t even rank among the Top 3 most important
What is HTAP?
HTAP stands for Hybrid Transaction / Analytical Processing — and it’s the future of business applications. The term was coined in early 2014 by analyst firm Gartner to describe a new generation of in-memory data platforms that can perform both online transaction processing (OLTP) and online analytical processing (OLAP) without requiring data duplication. For the…
From Data Lakes To Data Swamps
Data lakes may be overhyped, but they clearly represent a new opportunity for enterprise analytics. The danger is that: “By its definition, a data lake accepts any data, without oversight or governance. Without descriptive metadata and a mechanism to maintain it, the data lake risks turning into a data swamp.” Some proponents of data lakes…
My Big Data Inspiration Day Presentation
I recently presented at the Big Data Inspiration Day in the Netherlands, talking about real-life organizations that are using Big Data to get closer to customers, inspire employees, and optimize resources in real time. Here’s an edited-down version of my 15 minute presentation — and don’t forget to check out the other great presentations given…
A Big Data Halloween Party!
By Gregory Piatetsky, from: http://www.kdnuggets.com/2014/10/cartoon-halloween-big-data-privacy.html
Business Intelligence and Manufacturing: A Perfect Team
Data analysis is very different than interpretation. Interpreting explains the data but does not compare it for future decision making. Profitability is not created from what we decide for today but what we can forecast for the future.
The World Is So-o-o Random!
So much of life is random, and not just baseball. Or at least complicated beyond human comprehension, which is pretty much the same thing as random. And yet, we humans believe there must be a reason for what has happened,