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.
Do you find yourself increasingly having to make decisions amid uncertain conditions? The advanced capabilities offered by IBM SPSS Statistics aim to make Monte Carlo simulation a part of your risk analysis by bringing these two worlds together in a single software solution.
Spreadsheets are excellent tools as far as they go—but how far can they truly go? If you’re pushing your spreadsheet-based solutions beyond their viable limits, then they might be doing more harm than good. Discover what considerations you shouldn’t ignore when using spreadsheets for statistical
Many avenues can be explored at IBM Insight at World of Watson 2016. See what one observer came away with after attending several sessions devoted to the CDO and collaboration, tools and strategy within the CDO domain.
From self-service analytics to the cloud, chief data officers (CDOs) had a wealth of information at their fingertips on the first day of IBM Insight at World of Watson 2016. Catch the high points of some of Monday’s most relevant sessions for CDOs in this quick recap.
Data analytics is no longer an either/or choice. With the integration of IBM SPSS Statistics and R, you can bring together the statistical analysis and data management capabilities that have helped so many data scientists gain insight after insight from their data.
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
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.