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.
Discover some of the latest and greatest developments in the world of Apache Spark in this retrospective on Spark Summit Europe 2016. When you do, find out how modern developers are connecting their data sources to Spark in exciting ways, and learn how the cloud is providing access to Spark-powered
As we bid goodbye to IBM Insight at World of Watson 2016, we set our sights on exciting engagements taking shape to help make the world a better place that are expected to result from IBM partnerships with innovative organizations. Here’s a recap of the conference’s closing moments and
Whether in the automotive world or at the copier, predictive modeling is helping organizations boost their return on investment without incurring marketing expenses, augmenting staff rosters or changing product lines. In this rundown of three smaller sessions from IBM Insight at World of Watson
IBM Insight at World of Watson 2016 certainly has a lot to offer, and one good place to start is the conference bookstore. Take a look at this overview for surviving the challenge of finding the right title for your technology of choice.
IBM is joining educators from around the globe in their quest to unleash a new generation of data scientists on the world. During the IBM Insight at World of Watson 2016 conference, discover how data science initiatives and offerings are empowering up-and-coming data scientists everywhere.
If simplicity can fundamentally accelerate focused action, then you can significantly boost speed, productivity and effectiveness in your enterprise. Take a look at this overview of key announcements unveiled on the first day of IBM Insight at World of Watson 2016.
The dawn of the cognitive era is upon us, and many organizations today have the data and analytics capabilities to begin their cognitive journeys. Take a look at recent survey results available in the seventh annual IBM Institute for Business Value analytics research report.
Data is widely seen as the new source of competitive advantage, driving smarter decisions and helping enterprises outthink their rivals. But opportunities are often missed. Getting the data needed from multiple underlying systems can take far too long for application developers, business analysts
Volumes of data generated from a variety of sources can be a challenge to wrangle. Take a look at the advanced Design Data Flow beta capability of IBM Bluemix Data Connect that enables consumption of large data volumes from disparate sources, which can then be curated for deriving insights and