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Why Predictions are Not Enough
In recent times, I have read a number of articles lamenting the frequent lack of value resulting from large scale analytics and data science initiatives. While I have seen substantial value driven from many efforts, I have also seen examples where the results were very poor. My belief is that
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The Myth of the Data Scientist Shortage
Technologists and business folks alike overstate the shortage of data scientists. They just need to know where to look.Data scientists—people who can manage and analyze big, unstructured data—were once as scarce as vegetarian dogs. If your business wasn’t based in Silicon Valley or Boston, if you couldn’t offer massive stock
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Six Very Clear Signs That Your Job is Due to be Automated
Anesthesiologists’ jobs look safer than radiologists’ jobs. Here’s why.In H. G. Wells’s classic The War of the Worlds, the narrator pauses a moment to rue the fact that he didn’t react sooner to the arrival of an “intelligence greater than man’s”—in his case, Martians landing on earth. Comparing himself to
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Moving Beyond Predictions – Second Order Analytics
Last month, I wrote about why simply making predictions isn’t enough to drive value with analytics. I made the case that behind stories of failed analytic initiatives, there is often a lack of action to take the predictions and turn them into something valuable. It ends up that identifying and
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Rise of the Strategy Machines
While humans may be ahead of computers in the ability to create strategy today, we shouldn’t be complacent about our dominance.“Within the next five years, how will technology change the practice of management in a way we have not yet witnessed?”As a society, we are becoming increasingly comfortable with the
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How Analytics is Evolving Like the Medical Field
It used to be that a doctor was a doctor for the most part. Even a century ago, unless you lived in a large city, people likely had a town doctor who handled most every type of ailment and guided most any type of treatment. Given the limited medical knowledge
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March Madness at Strata + Hadoop World
The first week of March Madness is complete. 68 teams have been whittled down to 16 and the potential winners of many office pools have already been decided. It is estimated that Americans will play over 70 million brackets and wager over $10.4B on this year’s NCAA tournament. Given
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Beyond the Black Box in Analytics and Cognitive
There is a growing crisis in the world of analytics and cognitive technologies, and as of yet there is no obvious solution. The crisis was created by a spate of good news in the field of cognitive technology algorithms: they’re working! Specifically, a relatively new and complex type of algorithms—deep
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A New Chapter in the Analytics Journey
Every individual and enterprise travels a unique journey in the pursuit of analytics. In my case I could never have predicted how my journey would unfold when I first entered the workforce over 20 years ago. The rise of analytics as a strategic imperative and the explosion of career opportunities
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Move Your Analytics Operation from Artisanal to Autonomous
Many organizations today are wondering how to get into machine learning, and what it means for their existing analytics operation.There are many different types of machine learning, and a variety of definitions of the term. I view machine learning as any data-driven approach to explanations, classifications, and predictions that uses