Google Track

Showing posts with label bi. Show all posts
Showing posts with label bi. Show all posts

Saturday, December 28, 2013

Which Of The Five Types Of Data Science Does Your Startup Need?

by TOMASZ TUNGUZ

facepalm-1024x442.png
 Credit: O'Reilly

Startups, you are doing data science wrong. That’s the title of a post penned by Ryan Weald in GigaOm this week. Weald echoes DJ Patil’s idea: “product-focused data science is different than the current business intelligence style of data science.”
Weald points to a different model of data scientist, an engineer, not a statistician, who can perform queries and based upon some insights, improve the product with a few code changes and a push to git.
I like Weald’s post but disagree on one point. I don’t think there is one type of data scientist, but five.
  1. Quantitative, exploratory data scientists tend to have PhDs and use theory to understand behavior. I count Hal Varian, Chief Economist at Google, and Redpoint’s own Jamie Davidson, among them. Varian’s team researches the advertiser dynamics within the ads auction and compares those dynamics to theoretical auction models like the Vickery auction. By combining theory and exploratory research, these data scientists improve products.
  2. Operational data scientists often work in the finance, sales or operations teams at Google. In the AdSense ops team where I started, we had a star data analyst who each week would discuss our team’s performance: our email response times, the satisfaction scores of our publishers, and changes in publisher behavior by segment. His work provided a feedback loop to improve the team’s tactics and efficiency. Only infrequently were these insights used to influence product.
  3. Product data scientists tend to belong to product management or engineering. This is the group of data scientists Weald writes about. PMs and engineers sift through logs and analysis tools to understand the way users interact a product and leverage that knowledge to refine the product. At Google, the ads quality team analyzed user clicks data to improve ad targeting.
  4. Marketing data scientists segment the user base, evaluate the performance of advertising campaigns, match product features to customer segments, and design content marketing campaigns. The marketing data scientist creates awareness and leads for the sales team, helping generate revenue.
  5. Research data scientists create insights as a product. Nate Silver is arguably the most famous of them. Silver’s work doesn’t influence a product; the analysis is the product itself. Sometimes the data science leads to a thought leadership whitepaper, or a blog post, or a financial report. It’s rarer for startups to employ research scientists because the output isn’t tied to revenue. But larger companies like Google do, think tanks do, financial institutions do.
These five types of data scientists span almost every department of knowledge work. Sometime in the past thirty years, data science became inextricable from the day-to-day operation of these teams. Product, marketing, eng, sales all use data to make decisions. These teams use data to identify, understand and implement feedback loops and to reinforce the behavior a company desires.
To talk about data scientists might be too myopic. Your startup may need a research data scientist or one with a PhD. Or it may need an engineer with an understanding of basic statistics who can work up and down the Rails stack. Or another type all together.
Like any role, when hiring or recruiting a data scientist it’s important to identify what the key problems facing the business and the relevant skills the right candidate will need to solve those challenges.

Wednesday, May 29, 2013

THE NORWEGIAN BI BAROMETER


The Norwegian BI barometer: A survey of BI maturity in the Norwegian market
Are Norwegian companies best in class when it comes to using information for management purposes? Or are they laggards compared to other countries, relying on gut feeling and experience? For the first time there will be a large scale survey of BI maturity in Norway. The survey will give an indication of the level of maturity in using BI in Norwegian companies. The survey will point out which areas are more mature, and which require more attention, both in total and divided by industry and company size. Is your company more or less mature than the industry average? Which areas are most and least mature? Get useful pointers for your own BI efforts at this presentation.

TICKETS


GOBI2013 will be held in Oslo Spektrum June 10th 2013. When registering you get full access to the sessions, restaurants, cafes, expo and entertainment for the whole conference.
The web shop for conference tickets will ease the job of managing your tickets. Through the web shop you can buy any number of tickets and assign them to co-workers and/or friends who shall attend the conference. Each individual attendee is responsible for updating his or her contact information. When required information has been registered, the ticket will be sent directly to the attendee. Tickets are sent as a PDF containing a QR code on e-mail. Attendees must bring the QR code for registration at the conference site on June 10th. A conference pass will be created and handed out at registration.
Price: 5.900 NOK (EarlyBird, until 15.04.2013)
Price: 6.900 NOK (LateBird after 15.04.2013)
Tickets for GOBI2013 are administrated by Macsimum Event AS
Post Conference Seminar with Cindi Howson and Wayne Eckerson
Want to get the most out of the gurus while they’re in Oslo? Would you like to have a deep-dive seminar with BOTH keynote speakers? Attend the GOBI post-conference seminar on June 11th.
Price: 3.900 NOK (Without valid GOBI pass)
Price: 2.900 NOK (With valid GOBI pass from June 10th)

Questions about tickets? Contact: webshop.gobi@eventsystems.no

Tuesday, May 28, 2013

Strategy is important, but it is the execution that counts!

jan johanson



 Jan Johansson, VP Nordic branch of the Palladium Group

You’ve developed a brilliant strategy that promises impressive results—leaps in profitability, unprecedented workforce productivity, increased efficiencies, major inroads into your competitors’ market share, or improved mission outcomes. But can you execute that strategy—put it into action through the right day-to-day processes, operations, and technologies?
90% of organizations fail at execution. That’s because they lack a comprehensive, disciplined system for managing the implementation of their strategy.
This session describes how to make strategy execution a long-term core competency in your organization—no matter what its industry, where it operates, or whether it’s a corporation, not-for-profit entity, or government agency.
Check out this presentation at the Gurus Of BI (GOBI) conference on June 1oth: www.gurusofbi.no

Wednesday, May 22, 2013

Cool BI: Emerging Trends and Innovations in BI



Cindi2



Cindi Howson, founder of BI Scorecard

It’s hard to be innovative when your BI team is deluged with fixes, fighting fires, and basic data requests.  Yet to move from reactive, report-focused development to break through BI demands innovative BI teams and technologies.
In this keynote, Cindi Howson, founder of BI Scorecard and author ofSuccessful Business Intelligence: Secrets to Making BI a Killer App, highlights:
  • Being proactive when there’s no time or budget for innovation
  • Evangelizing BI in a culture resistant to change
  • Prioritizing innovations that will provide the biggest value
  • The trends most disruptive to BI including mobile, social, visual data discovery, big data, and cloud.
Check out this ketnote presentation at the Gurus Of BI (GOBI) conference on June 1oth: www.gurusofbi.no

BI-konferansen GOBI



Mailhilsen - Kopi
BI-konferansen GOBI arrangeres for første gang i Oslo Spektrum den 10. juni i ĂĄr. Dette vil være den største og mest omfattende BI-konferansen som noen gang er arrangert i Norge. Store navn som Wayne Eckerson, Cindi Howson, Donald Farmer, Timo Elliott og Marc Teerlink er pĂĄ talerlisten.  Flere nye navn offentliggjøres kontinuerlig.
Over 25 partnere skal bidra til at dette blir det mest interessante eventet innen BI i Norge i 2013. Microsoft, IBM og SAP er gullsponsorer og vil etablere egne spor med talere relatert til sin teknologi.  I tillegg vil en programkomite fastlegge øvrige omrĂĄder og talere etter at frist for «Call for Abstracts» utgĂĄr 15. April.  Agendaen vil bli noe du aldri har sett maken til pĂĄ norske BI konferanser.
Dette arrangementet bør du ikke gĂĄ glipp av – her vil du bli inspirert, lære noe nytt, og møte og utveksle erfaringer med store deler av Norges BI-miljø!  Flying Culinary Circus stĂĄr for mat pĂĄ ulike restaurant stands hele dagen, hvor man kan mingle rundt og plukke fritt sĂĄ mange godbiter man ønsker seg.
PĂĄ kvelden blir det Flying Culinary Circus Show, konsert og mat, drikke og moro!
For mer informasjon og pĂĄmelding sjekk ut http://www.gurusofbi.no/
Du kan følge GOBI pĂĄ Linkedin (allerede 400 medlemmer!), Facebook og Twitter.

Friday, September 21, 2012

How Big Data Brings BI and Predictive Analytics Together

Big data is breathing new life into business intelligence by putting the power of prediction into the hands of everyday decision-makers.


For as long as anyone can remember, the world of predictive analytics has been the exclusive realm of ivory-tower statisticians and data scientists who sit far away from the everyday line of business decision maker. Big data is about to change that.
As more data streams come online and are integrated into existing BI, CRM, ERP and other mission-critical business systems, the ever-elusive (and oh so profitable) single view of the customer may finally come into focus. While most customer service and field sales representatives have yet to feel the impact, companies such as IBM and MicroStrategy are working to see that they do soon.

Big Data Moves Analytics Beyond Pencil-Pushers
Imagine a world in which a CSR sitting at her console can make an independent decision on whether a problem customer is worth keeping or upgrading. Imagine, too, that a field salesman can change a retailer's wine rack on the fly based on the preferences that partiers attending the jazz festival next weekend have contributed on Facebook and Twitter.
Big data is pushing a tool more commonly used for cohort and regression analysis into the hands of line-level managers, who can then use non-transactional data to make strategic, long-term business decisions about, for example, what to put on store shelves and when to put it there.
However, big data is not about to supplant traditional BI tools, says Rita Sallam, Gartner's BI analyst. If anything, big data will make BI more valuable and useful to the business. "We're always going to need to look at the past…and when you have big data, you are going to need to do that even more. BI doesn't go away. It gets enhanced by big data."
How else you will know if what you are seeing in the initial phases of discovery will indeed bear out over time. For example, do red purses really sell better than blue ones in the Midwest? An initial pass through the data may suggest so—more red purses sold last quarter than ever before, therefore, red purses sell better.
But this is a correlation, not a cause. If you look more closely, using historical transaction data gleaned from your BI tools, you may find, say, that it is actually your latest merchandise-positioning-campaign that's paying dividends because the retailers are now putting red purses at eye level.
That's why IBM's Director of Emerging Technologies, David Barnes, is actually more inclined to refer to the resulting output from big data technologies such as Hadoop, map/reduce and R as "insights." You wouldn't want to make mission-critical business decisions based on sentiment analysis of a Twitter stream, for example.






Tuesday, May 8, 2012

Microsoft Predictive Analytics


Predictive analytics is the next step in BI: not only can you be retrospective and see what has happened in your company in the past, but now we can distill new information from the old information to actually predict what will happen in the future. Jamie MacLennan, CTO of Predixion Software, explains the difference between business intelligence and predictive analytics and shares a program that Predixion has created in Excel to review the Practice Fusion data.



Featuring Bruno Aziza

Monday, April 23, 2012

Benefits from BI in Hospitality

Every Business today take advantages of Business Intelligence solutions, so Hospitality is one of them.
I tried to spot the most important benefits that hospitality industry has from Business Intelligence:


- Profile Guest & Business Segments by any combination of criteria. Break out, analyze and compare these segments on demographics, stay patterns, etc.

- Identify your best guests & uncover those with the highest potential for additional nights or services

- Perform Drill Down & Side-By-Side Analysis or filter on any variable with no limitations to “dimensions” and no cubes to rebuild

- Compare alternative target segments or multiple characteristics side-by-side, even if they overlap

- Track Performance across time: Guests, Return Rate, Length of Stay, Frequency, Recency, Room Rate, upgrades, etc. Track by: Division, Product Line, Guest

Segment, Booking Source/Channel, Geography/Property…any variable on file

- Identify Challenges & Opportunities to quickly spot where your business or guest segments are excelling or under-performing. Monitor changes and easily drill down to see the factors driving this performance

- Access Executive Dashboards tailored for at-a-glance & measuring performance, right at the fingertips of managers across your organization

Friday, March 30, 2012

Rafal Lukawiecki in SQL Server 2012 official launch in Oslo


First, thanks for invitation from Microsoft, specially Thale Mjavatn and nice organization of such an important event. The details for the event you find in this blog:
http://biblogg.no/2012/03/15/lansering-av-microsoft-sql2012/
and the agenda of the conference is here: http://www.microsoft.com/norge/bi-sql-fagdag/index.html
Rafal was fantastic as always and did a remarkable job explaining to the audience the new technologies behind MS SQL 2012, special focus on the Business Intelligence enhancement tools included. We got introduced to 2 new technologies: PowerView and BISM and little changes on what PowerPivot is now. Also, he spoke about trends where BI and Big Data will be the most important things in the future.
Once more thank you for the opportunity and thanks to all who were part of it.

Saturday, March 24, 2012

Industry News

Cloud computing changing future of BI

2012-03-23
With the onset of cloud technology, many different sectors of the business and personal world are rapidly changing. From the focus on personal computers to mobile tablets, and from legacy systems to IaaS and SaaS systems, it goes without saying that in the coming years consumers can expect a technological revolution.

All these emerging systems are impacting business intelligence as well. A recent IDC study predicts that the market for big data technology and business intelligence software will grow from $3.2 billion in 2010 to $16.9 billion in 2015.

Furthermore, Gartner predicts that companies will nearly be forced into using these new technologies or risk losing a competitive edge. According to a new Gartner study, 85 percent of Fortune 500 corporations will fail to effectively use big data to get an advantage.

According to Jeff Kaplan, managing director of THINKstrategies, businesses must adopt some semblance of business intelligence and analytics software in order to maintain an edge that may have previously been established with legacy systems.

"Without all these cloud-based resources and tools, most organizations would be unable to cope with today's explosive growth of data," he said.