Monthly Archives: April 2011

Online Predictive Analytics Competitions

I recently write about the Heritage analytics competition that has  3 million dollars as prize money. The competition is inspired by the success of previous such competitions held by the online movie store Netflix. In this article we talk about …

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Analytics in daily life

Analytics is not a tool or a technology; rather it is a way of thinking and acting. Most people use analytics to resolve problems faced in their day-to-day life, mostly without even realizing it. Imagine a simple situation – you …

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Heritage Analytics Competition

We recently announced the launch of the Heritage Provider Network’s  $3 million analytics competition. The company has released more details about the competition since then. The competition runs for two years and offers a US $3 million Grand Prize, as …

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Amazon: Pioneer of analytics in the virtual space

Have you ever shopped on the website www.amazon.com, one of the largest online retailers in the world? When you search Amazon for a particular book, the site also displays other books that are frequently bought together with the original book. …

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Flowing Data: A blog on Data

FlowingData is the visualization and statistics site that shows different applications of data analysis. The blog is written by Nathan Yau, a PhD candidate in UCLA. Nathan wants to make data useful for even those who are not very data …

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Popularity of Analytics

Analytics is becoming more and more important to businesses. According to Gartner, advanced analytics will be one of the top 10 strategic technologies in 2011. A recent study by Accenture states that companies are increasingly turning to analytics to gain …

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How does analytics help businesses?

What kind of questions can analytics help answer? Analytics can be applied to any business decision that involves using large amounts of data that can’t be understood and analyzed by the human eye. Examples of questions analytics can help answer …

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Jet Airways and Citibank

Citibank launched a credit card co-branded with Jet Airways.  Some of the features include no joining fee, annual fee, add-on fee or renewal fee. In fact, no fee of any kind. On the other hand customers get incentives like free …

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The Data Flood

The twenty first century will be known as the ‘Age of data’. Massive amounts of data is being generated, collected and analyzed all the time. Internet generates huge amounts of data every year. There are billions of pages on the …

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Analytics in Cricket

The world cup fever had enveloped the whole country these past couple of weeks. With India playing and demolishing some of their biggest rivals (Australia, Pakistan and then Sri lanka in the finals), Cricket fans all over the country were …

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How do businesses analyze large quantities of data?

In principle, analytics could be performed using pen, paper and maybe a calculator. But given the huge amounts of data, companies need to sift through today, they do need to rely on information technology. There are many tools available in …

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