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RhoBeta wrote a new post, HP innovates Apache Big Data 11 years, 3 months ago
HP is making efforts to expand its reach into the market for “Big Data” analytics (extracting useful business intelligence out of large and often chaotic mixes of data), using its hardware, software and services […]
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RhoBeta wrote a new post, Oracle to acquire Collective Intellect: Enters social media analytics War 11 years, 3 months ago
American corporation Oracle, that specializes in computing hardware and database management systems for enterprises, will be buying Collective Intellect, according to reports. The Collective Intellect announcement […]
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RhoBeta wrote a new post, Fraud Analytics: How it saved for Santam 11 years, 3 months ago
According to recent news Fraud Analytics from IBM has saved short-term insurer Santam $2,4m in fraudulent claims. As claimed in the reports the analytics software has enhanced Santam’s fraud detection […]
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RhoBeta wrote a new post, Implications of Big Data 11 years, 3 months ago
Scope for Big Data
The biggest opportunity for unstructured data is to tie it into business performance and business context. Connecting what people are saying and what a business is actually experiencing in […] -
RhoBeta wrote a new post, Why we need Big Data 11 years, 3 months ago
Big data is a new avenue in Information Technology where data sets can grow so large that they become awkward to work with using traditional database management tools. Thus, the need for new and more tools, […]
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RhoBeta wrote a new post, Gist of MR Analytics 11 years, 3 months ago
Marketing research analytics is the practice of measuring, managing and analyzing marketing performances to maximize its effectiveness and optimize return on investment. Mastering marketing analytics allows […]
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RhoBeta wrote a new post, Key Performance Indicators for E Commerce Sites 11 years, 3 months ago
KPI@Ecommerce
The business of E commerce is growing rampantly. But still many of the sites are not reaching the threshold and are lost in the oblivion. The performance of the e commerce sites is dependent on many […] -
RhoBeta wrote a new post, Sentiment Analysis: Touching the emotions 11 years, 3 months ago
Introduction
Internet has been growing rapidly along with billions of databases around the world. Social web environments are nowadays very common but are not always easy to understand. Web platforms such as […] -
RhoBeta wrote a new post, What the heck is Business Analytics !!! 11 years, 3 months ago
All About Business Analytics
Business analytics refers to the front-end applications that are used within a business intelligence (BI) environment. As opposed to standard reporting applications, which […]
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RhoBeta wrote a new post, Text Mining: The Maverick Tools 11 years, 3 months ago
Introduction
Traditionally, business intelligence has focused on analyzing data gathered from transaction processing systems, such as enterprise resource planning (ERP), customer relationship management (CRM), […] -
RhoBeta wrote a new post, The Paradigm Shift in Consumerism 11 years, 3 months ago
We hear about various intelligent business solutions. There is a huge change in the business scenario today when we compare it with the business environment a decade back. However, what is the underlying factor […]
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RhoBeta wrote a new post, Revolutionizing with Balanced Scorecard 11 years, 3 months ago
Introduction
Balanced scorecard is a tool for linking the strategies of the different business areas within a corporation to the overall corporate vision. The term was coined by David Norton and Harvard Business […] -
RhoBeta wrote a new post, Correlation is not causation :Essential Dose 11 years, 3 months ago
Analytics mantra
“correlation is not causation. Correlation is not causation. Correlation is not causation … ”
“just because two things correlate does not necessarily mean that one causes the […]
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RhoBeta wrote a new post, What is Path Analysis? 11 years, 3 months ago
About Path Analysis
Path analysis can be defined as a statistical technique which makes use of multiple regression to test causal relationships between variables. It is used not only to test causal […]
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RhoBeta wrote a new post, Logistic regression 11 years, 3 months ago
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RhoBeta wrote a new post, A Brief Encounter with Principal Components Analysis 11 years, 3 months ago
In Short
Principal Components Analysis is a method that reduces data dimensionality by performing a covariance analysis between factors. As such, it is suitable for data sets in multiple dimensions. PCA is […]
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RhoBeta wrote a new post, Time Series Analysis:Classical Approach 11 years, 3 months ago
What is Time Series
A time series is a set of observed values, such as production or sales data, for a sequentially ordered series of time periods. A time series is portrayed graphically by a line graph, […]
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RhoBeta wrote a new post, Structural Equation Modelling: How much is fit enough? 11 years, 3 months ago
Major Indices
There are some major indicators which determine the fitness of a SEM. Main indices are: goodness-of-fit index (GFI), adjusted goodness-of-fit index (AGFI), root mean squared residual (RMR) and […]
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RhoBeta wrote a new post, IDC says: Analytics market will remain strong 11 years, 3 months ago
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