Rio Salado Community College is currently optimizing their student retention through focused testing and they are finding some truly telling results. We can learn a lot about customer retention and segmenting by studying what they've done.
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Remember the Big Data mantra? how Big Data will enable us to better understand everything, reduce waste, and improve efficiency? Well honestly, without concrete examples it fades into the mass of voices shouting about how great the world is going to be. So lets take a moment to talk about collaborative consumption and it’s implications.
Dr. Weigend, Stanford Professor and former Chief Data Scientist at Amazon, tells us about social data and it's implications.
A wealth of government data is available to us today on .gov sites and private sites across the web. If we analyzed this data properly, we could build a rich understanding of how our government works and how it could be improved. But as the big data challenge dictates, the chokepoint is consumption.
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What would it be like to have a doctor who’s always up on the latest research and has learned about treatments from over 1.5 million previous cases? It would look alot like Watson, IBM’s Jeopardy! playing supercomputer that’s getting ready to roll out with an all new look and a Memorial Sloan Kettering Cancer Center education in oncology.
What has been both feared and expected is finally on its way: Facebook is building a better search; they're opening their vast stores of user data and giving us the ability to discover what’s inside. Lars Rasmussen, the mind that brought us Google Maps, is now hard at work creating Facebook’s new Graph Search, and from the looks of it, it’s going to put unprecedented power in the hands of its users.
The mission statement of most police departments includes something like this, “our goal is to increase public safety, prevent crime, and protect human life.” With sufficient records of criminal behavior and analytics tools like Crimespotting, Cities can have the ability to predict when and where crimes are likely to take place and dispatch accordingly.
Prior to President Obama’s lopsided victory over Mitt Romney, the data science team behind Obama’s campaign was already making waves in the data industry. Now They’re the toast of the town and in the middle of a fight for power.
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Gaming the Stock Market: how one company uses gamification to beat the odds.
Estimize's system allows experts to emerge based solely on performance, and at the same time analysis the mass of predictions to show that average prediction. Add to this the gamification indicated by leaderboards and prizes, and you have a company that’s hitting all the buzzwords
Teaching Discipline to the Data Industry
Confusion and misunderstanding are prolific in the Data Industry and R "Ray" Wang sees it. In his blogpost for software insider, he outlines a path organizations can follow to data success.
The CIA admits to monitoring Twitter, Facebook, and blogs. This shouldn't surprise anyone, but the tools they’re using might be enough to get you to rethink posting anything personal or ever checking in...
This report is big business, it's important to remember it drives 100's of millions in corporate Business Intelligence(BI) spending, and has a hidden side to it. Although Gartner stays well away from saying it, there is a definite favorability for products from companies Gartner does business with. A quick look on Quora shows you exactly what that looks like: more time with business partners products and loosening of rules for inclusion.
You know about Big Data and its potential, how it creates greater understanding of our world, reduces waste and misuse of resources, and dramatically increases efficiency. The level of information available is growing like never before, and hiding in all that data are the insights, ideas, and explanations needed to reach that promised potential; it’s just waiting to be discovered, and there’s the problem.