The company said the 5.10 version will be a comprehensive discovery solution with more than 20 new big data analytic capabilities, including out-of-the-box-ready visual capabilities. (Also see my upcoming Tableau story for more on visualization) Insights from these analytics can empower organizations to be more profitable by improving detection of customer churn, fraud, and the root causes of low-yield in manufacturing processes.
FORBES: New Teradata Platform Reduces Demand For Data Scientists
Created financial information services firm Innovative Market Systems to sell financial data, analytic tools to Wall Street.
Ideally, the BoM also provides analytic data for better management decisions, on tradeoffs between suggested design modifications and other critical factors like cost and compliance.
There is no analytic data behind writing this piece, simply that these are five startups that have packed my life with a bit more punch and spice than before while simultaneously connecting us all together and inspiring other enterprising entrepreneurs to think outside of the box.
Envision an environment in the future where we would have the ability to enhance data further by adding analytic capabilities on top of an idea repository and use handwriting recognition and text mining to find, correlate and combine good ideas, making innovation integrated and efficient.
FORBES: Don't Erase The Master Plan: Digitally Capturing Big Ideas
Recent advances in analytic technology and data visualization has neutralized the advantage held by statisticians, data mining experts and actuarials with advanced degrees in predictive analytics and operations research.
To understand Big Data fully, it requires an understanding of the hardware, the software, the statistical and analytic techniques, the various types of data inputs, and how to ultimately present or visualize the outcomes.
While Hong Kong was more of a business center and Macau was becoming a resort destination, there were enough similarities to cross reference the data and his team was able to create an analytic left-brain quantitative prioritization model using a right brain intuitive approach to the data.
Mitsui Knowledge Industry (MKI) is an example of an organization realizing the value of big data by utilizing Hadoop and an analytic database.
The value of multiple analytic methods on the entire data set is exponential, not additive.
FORBES: New Teradata Platform Reduces Demand For Data Scientists
One such new product named HANA (High Performance Analytic Appliance) speeds up data storage and retrieval to unprecedented speeds.
FORBES: SAP Still Winning Business Intelligence Trench War Against Oracle, IBM
Palantir Technologies provides a software analytic platform for the analysis of data.
FORBES: Palantir Apologizes For WikiLeaks Attack Proposal, Cuts Ties With HBGary
These new analytic capabilities allow managers to discover patterns, drill into detailed data, perform analysis and visualize relationships, without writing any code or contacting any data scientist.
Unlike their predecessors, analytic savvy managers must be highly capable of discovering patterns and finding relationships in complex data.
So from our standpoint, we provide the platform and the tools to increase the analytic capabilities and the capacity for the business users to make use of all this data.
Release 5.10 brings in new analytic techniques and visualization components aimed at helping business analysts to help them explore lots of different data much more quickly, Wooledge added.
FORBES: New Teradata Platform Reduces Demand For Data Scientists
They have data infrastructure advantages, target audiences that are digital dwellers (and thus highly track-able) and plenty of analytic chops.
Analytic software is in an interesting period of transition, as Web-based business creates monster amounts of data that companies want to sift in all kinds of ways, hoping to manage tighter and predict the future more accurately.
应用推荐