Monthly Archives: January 2012

Can analytics predict everything?

Posted on 30 Jan 2012 by Gaurav Vohra

Peter Fader, a quantitative marketing professor from Wharton, believes that companies are unnecessarily complicating the job of making predictions. Simple probability models, often built in excel, can be far more powerful in many cases than complex statistical algorithms. He also …

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Why every business analyst needs to learn R?

Posted on 25 Jan 2012 by Ajay Ohri

Here are some of my views on why every business analyst needs to learn R. I have worked with SAS and SPSS language products for over 10 years and R language for over 4 years now. 1) Better Job Security …

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SAS Institute and friends in the business analytics industry

Posted on 23 Jan 2012 by Ajay Ohri

Based on my decade long experience with business analytics software and projects, this is a small compilation of SAS Institute and its rivals. Software Vendors- 1. SAS Institute The SAS Institute has one of the strongest portfolios in business analytics …

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Analytics with R

Posted on 17 Jan 2012 by Gaurav Vohra
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Analysis of POS System – Which system should a retailer buy?

Posted on 16 Jan 2012 by Anshuman Acharya

When does it make sense for a retailer to switch to a POS system? Actually, every retailer already has a system to manage transactions. This might be as simple as ledger entries or even counting everything that got sold and …

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Posted in Analytics Training, Retail analytics | Tagged , , , , | 3 Comments

Top 10 posts of 2011

Posted on 9 Jan 2012 by Gaurav Vohra

Here are the 10 posts where readers spent the most amount of time in 2011. 1. 10 most popular analytic tools in business 2. Books on analytics 3. Key skills for a successful analytics career 4. How to build a …

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Posted in Analytics Industry, Analytics Training, Blogs on Analytics, Career in Analytics, Retail analytics, Tools & Techniques | Tagged , , , | Leave a comment

Analysis of POS data – A journey from distrust to collaboration

Posted on 3 Jan 2012 by Anshuman Acharya

POS stands for point of sale. The time-space moment when the cashier presses the “Total” button on his register and the bill whirrs forth from the spool. Or, in the virtual arena, after the short wait as your credit card …

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Posted in Analytics Industry, Analytics Training, Retail analytics | Tagged , , | 1 Comment