Many forward-thinking organizations want to investigate how big data analytics helps them outthink and outperform the competition. However, many also are challenged with finding the right talent to run the operations, keep the data secure and figure out how to leverage the myriad tools at their
Organizations looking to transform their operations can turn to data science for an approach that offers the ability to predict events and behavior, prescribe actions, derive insights and make informed decisions. Learn more about how you can tap into the power of data science through predictive
Banking industry leaders are rethinking their incentive compensation strategies in terms of risk and compliance. Here are some important questions—and some best practices—that can guide banking managers and executives as they develop incentive compensation plans that drive both compliance and
Censuses have long provided governing authorities with data that helps them make decisions affecting the lives and livelihoods of people everywhere. In modern times, however, companies look for more than just a name when doing business—and that’s where master data comes in. Find out how your
Essentially, Monte Carlo simulations predict an outcome not from the actual values of input data (which aren’t known) but from the likely (aka “simulated”) values of that data (based on their probability distributions). These simulations can prove invaluable for assessing risks in many real-world
Although spreadsheets offer a stable, attractive option when working with numbers, they can fall far short when they are applied to enterprise-scale statistical analytics. Weigh the limitations of spreadsheets against the benefits of a sophisticated, enterprise-grade statistical analysis tool for
The Internet of Things continues to be a land of opportunity in so many areas. Take a look at this overview of steps to innovation and success factors along with the risks and pitfalls to avoid in your Internet of Things journey.
Open source tools continue to foster non-stop innovation throughout the Insight Economy. So it’s no surprise that open-source languages—most notably, R--have moved to the center of enterprise statistical analytics and data management.
Big data and design thinking share some common core principles for creating highly connected, meaningful business and customer user experiences. See why organizations worldwide are realizing the magic of combining big data with design thinking to generate value for powerful business use cases.
The combination of Jupyter Notebooks, Apache Hadoop and Apache Spark has become a killer app for data practitioners. It unlocks the ability to explore, visualize and experiment with both structured and unstructured data sets with great ease and efficiency. We spoke recently with Chris Snow at IBM
The inability of lines of business to not serve requests because they have to wait for IT provisioning can lead to a proliferation of analytics silos that can cause a loss of control of data. See how the next big stage of analytics with integrated Apache Spark helps organizations understand the
Fintech products and innovative banking business models are creating a disruption upheaval in the global banking industry. Discover how retail banking can redefine business and operating models by offering innovative customer propositions through implementation of a big data–enabled recommendation
Apache Spark, sometimes called the “analytics operating system,” is empowering organizations of all kinds through machine learning by helping them create unprecedented value from their data. Discover eight ways that Apache Spark’s machine learning capabilities are driving the modern business.
IBM extended Big SQL, which was formerly exclusive to the IBM Open Platform (IOP), to the Hortonworks Data Platform (HDP) in September 2016. I recently spoke with Berni Schiefer, an IBM fellow in the IBM Analytics group, to learn more about the offering and the ongoing IBM focus on SQL.