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You Need Some External Data
Historically, organizations used analytics in situations where they had lots of internal data. The data was the outcome of well-structured, repetitive processes supported by transactional systems. If, for example, you had sold a lot of products at a lot of different prices, you could do pricing analytics on data in
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Operationalizing Customer Analytics in Financial Services
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The Fuzzy Line Between Good and Evil Data Science
The vast majority of people building analytics and data science processes have every intention of being good and ethical. As a result, most potentially unethical and evil processes arise in situations where that wasn’t the intention. The problem is typically that proper focus and governance is not in place to
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Just How Important Is AI To Your Company?
It’s still early days for artificial intelligence (AI) in the enterprise, and if you have some responsibility for analytics and/or AI within your company, you may be wondering just how hard you should push for the technology. Dip a toe in the water? A bit more substantial investment and effort?
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Democratizing Data Science Is Not As Risky As Many Fear
The role of Citizen Data Scientist has been showing rapid growth, though not without some controversy. Many people are concerned that democratizing data science is about giving people capabilities way beyond what they are ready to handle and, therefore, ensuring disasters as a result. While bad outcomes can certainly happen
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International Institute for Analytics Honors Ford Motor Company with 2019 ANNY Excellence in Analytics Award
Portland, Ore. (Oct. 17, 2019) – The International Institute for Analytics (IIA), the leading independent analytics and data science research and advisory firm, named Ford Motor Company the winner of the 2019 ANNY Excellence in Analytics Award at IIA’s Analytics Symposium held in Detroit.Ford Motor Company won the Excellence in
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International Institute for Analytics Honors Ford Motor Company with 2019 ANNY Excellence in Analytics Award
Portland, Ore. (Oct. 17, 2019) – The International Institute for Analytics (IIA), the leading independent analytics and data science research and advisory firm, named Ford Motor Company the winner of the 2019 ANNY Excellence in Analytics Award at IIA’s Analytics Symposium held in Detroit. Ford Motor Company won the Excellence
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“Physics Envy” and the Second - Class Status of Translators
Several years ago I was speaking at an “Analytics Summit” that brought together all—or many in this case—of the analytical practitioners at a big American bank. I take pride in often speaking at the first such gathering a company has, but at this bank it was their second one. My
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Are You Overinvesting in New Employees?
I know that headline sounds totally off base at first glance, but if you stick with this post and read the context behind it, you’ll see that it isn’t a silly question. In fact, this blog was spurred by a discussion between several analytics and data science executives that I
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Past Predictions and Priorities
2019 was a big year for IIA and analytics in general. We had made a list at the end of 2018 of the 6 things that we thought would be the most influential and important in the upcoming year - let’s see how we did! Past Predictions and PrioritiesCheck out