Click here to learn more about Ted Kwartler. Each semester my Harvard University Extension class is about half business and half computer science students. As you may expect, the business pupils struggle with learning how to code. However, computer scientists feel hindered by business case studies and learning how to interact in a cross-functional group. […]
How Business Intelligence is Changing the Future of Business
Click to learn more about author Piyush Goel. Your company relies on data. However, getting quality reports requires a lot of resources to complete, and the processes have gotten tougher over the last few years as companies have more data to analyze. That is why managers now spend 40 percent of their time writing reports, […]
The POFMU Principle: Process Once for Many Uses
Click to learn more about author Matt Habiger. Data is often not created for purposes that please data scientists. It is often collected for operations or billing, and as such, a significant amount of preparation time is needed to make it ready for data science. This is clearly the case with location data sourced from […]
Three Ps: When Choosing Technology, Don’t Lose Sight of What Really Matters
Click to learn more about author Mathias Golombek. When push comes to shove in choosing a technology solution, it’s important that you first consider the Three Ps: performance, price, and people. Businesses are constantly bombarded with messaging from vendors about why they should buy their products or services. What’s more, dubious endorsements from third-party firms can […]
How Scorecards and Dashboards Provide Clarity for Better Decision-Making
Click to learn more about author Manish Godha Scorecards provide historical, current, and predictive views and reports of business operations and resources on easy-to-understand visual dashboards. They compare performance against forecasted benchmarks and targets. And they do so with the intent of tracking, managing, and improving an organization’s performance. By aggregating data from various enterprise […]
Truth Before Meaning with Data and Analytics
Click to learn more about author Scott Taylor. There is data and there is analytics. They work together. They need each other. These two things are linked, but it helps to think of them separately. From my perspective data is about determining the truth. Analytics is about deriving meaning. I would suggest that most data experts already […]
Ensemble Models: Bagging and Boosting
Click to learn more about author Rosaria Silipo. Ensemble models combine multiple learning algorithms to improve the predictive performance of each algorithm alone. There are two main strategies to ensemble models — bagging and boosting — and many examples of predefined ensemble algorithms. Bootstrap aggregation, or bagging, is an ensemble meta-learning technique that trains many […]
Significance of Big Data Testing in Today’s Business Environment
Click to learn more about author Parimal Kumar. Data has become the most significant asset for any organization, and thus it’s very difficult for companies and firms to survive viably without data and the right data analysis techniques. Big data is collected from multiple sources and is capable of revealing valuable information. This is why […]
Data Integration for Business Intelligence: Best Practices
Click to learn more about author Ibrahim Surani In this technology-driven world, the influx of data can seem overwhelming, if not properly utilized. With data coming in from so many different sources, the only way to extract real insights from these raw inputs is through integration. Properly integrated data has a trickle-down effect on all […]
Evolving Software Business Models Require New Approaches to Customer Relationships
Click to learn more about author Nicole Segerer Any healthy relationship requires attention. It relies on thoughtful interactions, openness, and ongoing care. This is also true about the relationship between a software supplier and its customers. When a supplier tends to its relationship with a customer effectively, the chances for long-term success grow. An all-encompassing […]