SCTR7: Data Science and Analytics

In my work and university lecturing, I speak with many senior leaders, experienced professionals, young professionals, and students, many interested in either hiring, transitioning into, or becoming a ‘data scientist’.  The title, however, is quite contentious. Why is this?  Essentially, there is a great deal of confusion related to this new field, and it will take some time […]

With a number of recent Hollywood films representing intelligent machines as either hero or villain, the subject of Artificial Intelligence (AI) has attracted the imagination of the media and popular culture. On the practical engineering side, over the past decade humanity’s age-old dream of developing intelligent machines has experienced rapid development.  The prospect of expert […]

Analytics professionals should keep a persistent eye open for opportunities to create cross-functional insights from data. Insights can frequently be leveraged across multiple business domains. However, business silos can restrict ‘forest for the trees’ visibility. To the degree analytics has cross-functional exposure in the organization, for instance via a C-level champion and an Analytics Center […]

The fight against fraud and AML often hits a ‘brick wall’ when encountering labyrinthian international, corporate structures. Even well-known brands such as Google and Starbucks, use controversial, though currently accepted, international structures to optimize capital flows and to reduce tax liabilities, for instance the so-called Double Irish or Dutch Sandwich. Due to this complexity, increasingly […]

As many traditional industrial age business functions become subject to disintermediation by automation and expert analytics systems, new industries and value propositions will need to be framed by an emerging generation of leaders.

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

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 […]

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 […]

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 […]

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. […]