October 13, 2014

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Do You Know Who Owns Analytics at Your Company?

Originally posted on HBR Blog Network – Harvard Business Review:
At a corporate level, who has ultimate responsibility for analytics within your organization? The answers I most often get are “Nobody” or “I don’t know.” When I do get a name, it often differs depending on who I asked—a marketing executive points to one person, while…

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October 4, 2014

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Analytics, Big Data, and the Future of Management: RSM Leadership Summit 2014

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Summary of the 2014 RSM Leadership Summit ‘Big Data, What’s in it for Me?’

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October 1, 2014

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Fraud analytics: collected links

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Recent collected posts and links to fraud detection and mitigation items: Network analytics for fraud detection & mitigation (video demostration) Part 1 video demo Part 2 video demo Semantics analytics lecture (Erasmus RSM) Demonstration of semantic analytics (video demonstration) Blog post Excuse me, do you speak fraud? Blog post Network analytics for fraud detection Blog post Network analytics: more than […]

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September 5, 2014

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Predictive policing: the brave new age of law enforcement analytics

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In the mid-1980’s I worked as an information analyst / data manager in a police station in a small town in New England (northeast U.S.).  It was a strange but exciting experience for a young man, chosen simply as I was identified as the local ‘computer geek’ at the town high school (a small and […]

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August 18, 2014

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Excuse me, do you speak fraud?

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Excuse me, do you speak fraud? Network graph analysis for fraud detection and mitigation by Scott Mongeau Executive summary Network analysis offers a new set of techniques to tackle the persistent and growing problem of complex fraud. Network analysis supplements traditional techniques by providing a mechanism to bridge investigative and analytics methods. Beyond base visualization, […]

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August 14, 2014

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Tell me… how ugly is your bad data?

Ugly data

The adage ‘garbage-in-garbage-out’ is an analytics mantra so ingrained it has its own shorthand: GIGO. Yet, in the mad, blind rush toward all things ‘big data’, there is the danger of sidelining the crucial-but-dreary topic of data quality, to which GIGO refers. While data quality is not as ‘sexy’ as big data, anyone who wants […]

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August 14, 2014

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Network analytics: more than pretty pictures

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Network analysis is a rapidly growing analytics domain propelled by the explosion of interest in social networking. The methods rest upon much older foundations in the realms of statistics and social science. Euler’s graph theory was proposed in the early 18th century and Moreno established the foundations for social network analysis (SNA) in the 1930’s. Want […]

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July 15, 2014

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When analytics fails: fueled by randomness

Fueled by randomness

As an analytics professional, it may perhaps be no surprise that I believe in a world which is susceptible to analysis – a world which yields to scientific inquiry. Further, I believe that if we invest effort, if we exert what Kahneman would call our System 2, we can improve decisions and overcome our tendency […]

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July 14, 2014

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Business analytics e-learning courses from SARK7

The Organizational Brain

Business Analytics E-Learning Courses Developed by SARK7 for Accenture Academy I.  Introduction to Business Analytics FREE ONLINE NOW! ————————————————————— II. Defining the Business Analytics Process Business analytics is a process that transforms data into insights to drive value-creating decisions. It connects organizational problems to data that is analyzed using various methods, software tools, systems, and experts. […]

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July 9, 2014

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Twelve Emerging Trends in Data Analytics (part 1 of 4)

Business Analytics for Decision Analysis

INTRODUCTION Business analytics is a practitioner movement uniting several disciplines to drive value-creating decisions from data.  Central disciplines include IT / computer science, statistics, data management, decision science, and scientific research methods.  Descriptive, predictive, and prescriptive approaches are often used to categorize particular methodological approaches, themselves derived from the fields of business intelligence, financial forecasting […]

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