Data Mining

  • Most Topular Stories

  • Number of the Day: $1 Trillion

    The Numbers
    Brian Hershberg
    24 Mar 2015 | 11:10 am
    For the second time this month (at least), a Wall Street analyst has pegged Apple hitting the $1 trillion level in market capitalization. This time it was Cantor Fitzgerald, written up by the crew at Moneybeat. That about covers it.
  • Why You Need an Analytics Platform that Supports Your Entire Business

    TIBCO Spotfire's Trends and Outliers
    Spotfire Blogging Team
    25 Mar 2015 | 5:55 am
    “True analytic businesses are concerned with more than just transaction data.” That’s according to Gartner research director Lisa Kart, who says that organizations most successful with Big Data and analytics are those that connect the data they already have in order to realize the greatest business insights. For example, getting a cross-channel view of your customer means digging deeper, connecting the data silos, and transforming them into consumable information, the article states. In many organizations, the first barrier to analytics is the lack of direction in data collection,…
  • Margo Boster of ImpaQ Solutions to be Featured on CUTV News Radio

    Data mining News
    27 Mar 2015 | 12:01 pm
    SCOTTSDALE, ARIZONA, USA, March 27, 2015 /EINPresswire.com/ -- Studies confirm the importance of leadership development and the positive impact effective leaders can have on company performance. Organizations committed to leadership development often …
  • Behind the Numbers: Song Streaming

    The Numbers
    Michael Driscoll
    27 Mar 2015 | 10:03 am
    Streaming music may be a boon for those interested in knowing exactly how many times their songs are played, and by whom. But managing per-song, per-play transactions isn’t a simple task.
  • Gliebers Dresses: Poor Customer Acquisition Performance

    Kevin Hillstrom: MineThatData
    Kevin Hillstrom
    26 Mar 2015 | 8:10 pm
    As you know, Gliebers Dresses is a fictional story of a Catalog Executive Team dealing with modern marketing challenges. If a brief fictional story doesn't meet your expectations for a Friday morning in late March, please read this article, an article with omnichannel repercussions (click here).Glenn Glieber (Owner, Chief Executive Officer): Ok, ok, enough discussion about the basketball tournament. My bracket is officially broken, and I don't need additional heartache.Lois Gladstone (Chief Financial Officer): Roger, who is the young lady sitting next to you, and why is she attending our…
 
  • add this feed to my.Alltop

    The Numbers

  • Behind the Numbers: Song Streaming

    Michael Driscoll
    27 Mar 2015 | 10:03 am
    Streaming music may be a boon for those interested in knowing exactly how many times their songs are played, and by whom. But managing per-song, per-play transactions isn’t a simple task.
  • Number of the Day: $200

    Brian Hershberg
    27 Mar 2015 | 8:04 am
    Late University of North Carolina basketball coach Dean Smith left $200 to every letter winner who played for him during his 36-year run "to enjoy a dinner out." That's a priceless gesture.
  • Number of the Day: $1 Trillion

    Brian Hershberg
    24 Mar 2015 | 11:10 am
    For the second time this month (at least), a Wall Street analyst has pegged Apple hitting the $1 trillion level in market capitalization. This time it was Cantor Fitzgerald, written up by the crew at Moneybeat. That about covers it.
  • Behind the Numbers: Lightning Strikes Thrice (and Then Again)

    Brian Hershberg
    23 Mar 2015 | 11:32 am
    Most bowlers would be thrilled if the stars aligned just once and they rolled a 300 game. For Hakim Emmanuel of Stoughton, Mass., the stars aligned one Thursday in late February, when he rolled 12 strikes in a row during the first game in his doubles league at Westgate Lanes in Brockton, a Boston-area city. Then they aligned twice more for a perfect 900 series.
  • Behind the Numbers: The Math Behind PCE

    Jo Craven McGinty
    20 Mar 2015 | 1:14 pm
    When the U.S. Federal Reserve assesses the rate of inflation in the nation, it prefers to use something called the personal consumption expenditures price index. The PCE captures how changing prices influence consumer behavior.
  • add this feed to my.Alltop

    Kevin Hillstrom: MineThatData

  • Gliebers Dresses: Poor Customer Acquisition Performance

    Kevin Hillstrom
    26 Mar 2015 | 8:10 pm
    As you know, Gliebers Dresses is a fictional story of a Catalog Executive Team dealing with modern marketing challenges. If a brief fictional story doesn't meet your expectations for a Friday morning in late March, please read this article, an article with omnichannel repercussions (click here).Glenn Glieber (Owner, Chief Executive Officer): Ok, ok, enough discussion about the basketball tournament. My bracket is officially broken, and I don't need additional heartache.Lois Gladstone (Chief Financial Officer): Roger, who is the young lady sitting next to you, and why is she attending our…
  • The Math Behind An Annual Objective

    Kevin Hillstrom
    25 Mar 2015 | 8:10 pm
    Look at this business. Over the next five years, the business is projected, via measurement of annual repurchase rates and new customer acquisition, to shrink from $34 million to $31 million.In other words, this business is dying.A logical person might ask how many new customers need to be acquired, in order to cause the business to grow by 10% in the next twelve months?Using a simple five year forecast model (send me an email message if you'd like a copy of the prototype I use ... kevinh@minethatdata.com), we can plug in an assumption. Take a look at this table:You need a 26% increase in new…
  • J. Crew - Not Cruising Along

    Kevin Hillstrom
    24 Mar 2015 | 8:10 pm
    We keep reading that omnichannel is the secret to success. And in this release of 4th quarter results (click here), J. Crew references their internal omnichannel reorganization from channels to brands.And yet, in the years leading up to 2014, J. Crew was profitable and trendy and received a lot of great press.Now, in the omnichannel era, J. Crew is losing money and posting negative comp store sales.#Omnichannel!!Notice that J. Crew reports along two brands:J. Crew: Terrible results.Madewell: Fantastic results.If omnichannel was the answer, then both brands would be thriving, right?But when we…
  • My Consulting Projects: A Menu

    Kevin Hillstrom
    23 Mar 2015 | 8:10 pm
    At a recent conference, I was asked several times what types of projects I perform for clients, and was asked how much my projects cost. "It's hard to tell what projects you offer on your blog, Kevin." ... was the phrase I heard. Some felt a bit like the cow in this TV commercial, when trying to navigate my product offering.Well, you can click here for file layouts and project prices.As most of the audience knows (many of whom are long-time followers ... for nearly a decade), there are +/- a half-dozen projects I typically work on for clients.Most Popular = A Hybrid of Merchandise…
  • Lands' End Sales: 2013 vs. 2001

    Kevin Hillstrom
    22 Mar 2015 | 8:10 pm
    As you know, Lands' End went "dark" while it was fully owned by Sears. Having been spun off, we can now compare net sales and ad costs and the like, before going dark, and after emerging from the darkness.Somebody at Chico State was nice enough to archive this Annual Report from 2001 (click here).And here's the Lands' End annual statement through 2013 (the 2014 annual report is due shortly).There are two things worth noting here.Lands' End was not a promotional company in 2001. Lands' End became a highly promotional company by the end of 2013.Lands' End was a classic cataloger in 2001, with…
 
  • add this feed to my.Alltop

    TIBCO Spotfire's Trends and Outliers

  • The Evolution of Data Warehouse Architectures

    Spotfire Blogging Team
    26 Mar 2015 | 6:55 am
    In the past, we talked about the top benefits of a data warehouse. Since then, a lot has changed. “Data warehouse architectures have been experiencing a rather dramatic evolution in recent years, and they will keep evolving into the foreseeable future,” says Philip Russom, TDWI Research Director. Data warehouse architecture is being influenced by business practices and goals that continue to evolve, notes Russom. The reason: a well-aligned data warehouse reflects the business it serves. Here are some of the main business drivers of today’s evolving data warehouse architectures,…
  • Why You Need an Analytics Platform that Supports Your Entire Business

    Spotfire Blogging Team
    25 Mar 2015 | 5:55 am
    “True analytic businesses are concerned with more than just transaction data.” That’s according to Gartner research director Lisa Kart, who says that organizations most successful with Big Data and analytics are those that connect the data they already have in order to realize the greatest business insights. For example, getting a cross-channel view of your customer means digging deeper, connecting the data silos, and transforming them into consumable information, the article states. In many organizations, the first barrier to analytics is the lack of direction in data collection,…
  • The Business of Learning: Student Success Through Analytics

    Spotfire Blogging Team
    24 Mar 2015 | 5:55 am
    How do schools measure success? Common wisdom says that in public schools, grades and standardized test scores determine completion rates, while in post-secondary institutions, the number of degrees granted reflects long-term success. As noted by The Journal, however, more and more schools are now choosing Business Intelligence tools to help them hone in on student success at every step of their post-secondary path. Step by Step According to a recent Information Week article, the Nashville School District believes that analytics should play a part in the classroom beginning in…
  • Prophet and Loss: Big Data, Big Banks, and the New Insight

    Spotfire Blogging Team
    23 Mar 2015 | 5:55 am
    In a perfect world, financial analytics would be prophetic—accurately predicting the outcome of every capital market move, investment choice, and loan decision. Unfortunately, financial institutions aren’t quite so utopian. They cannot ignore the impact of Big Data in their financial world, especially when their audiences’ awareness and expectations are on the rise—for example, stakeholders expecting real-time response to market fluctuations or customers expecting higher levels of service. The solution? A new kind of insight based on analytics platforms which converge, extract, and…
  • Creating Value from Data

    Spotfire Blogging Team
    20 Mar 2015 | 5:55 am
    The business world is inundated with data—data about customers, operations, partners, products, services, and much more. Great as that may be, organizations are struggling to translate that data into meaningful information that has a positive impact on their business. This is primarily due to the fact that management often seeks to tap Big Data without first taking inventory of all of the key Big Data assets available to them, according to a Harvard Business Review article. “We contend that in the absence of a clear understanding of the knowledge drivers of an organization’s success,…
 
  • add this feed to my.Alltop

    PolicyMap

  • Persistent Poverty on a Neighborhood Scale

    Kristin Crandall
    23 Mar 2015 | 4:22 pm
    While the incidence of poverty has been increasing for the nation as a whole, there are a number of communities that have experienced high poverty rates for decades. The element of time is in fact critical in determining appropriate interventions for impoverished communities. A place with a high level of poverty last year but not this year is in much better shape than a neighborhood facing high poverty for multiple decades in a row. Identifying areas of long-term, concentrated poverty is important because it can be related to other issues such as poor housing and health conditions, higher…
  • PolicyMap at ACRL – Booth #174

    Phil Vu
    18 Mar 2015 | 10:03 am
    Are you attending the upcoming ACRL conference in Portland, OR on March 25-28? Stop by booth #174, to find out why a growing number of universities are subscribing to PolicyMap, the web’s largest (and most affordable) one-stop shop for community data and mapping. Use PolicyMap to easily find, visualize, and share data that’s essential for: Research in a variety of disciplines: Social sciences Urban planning Public policy Public health Education Business administration and many more! University and library administration: Strategic planning Government and alumni relations Community…
  • Celebrating Pi Day with PolicyMap

    Bernie Langer
    13 Mar 2015 | 8:37 am
    This year, Pi Day falls on a Saturday, so by federal mandate, we are observing it on this Friday. Pi Day, of course, on 3/14, is a celebration of the mathematical ratio of a circle’s circumference to its diameter. You want circles? PolicyMap has circles. For starters, there are Radius Custom Regions. Want to make a report for a half mile diameter around an address? What better address that 1415 Pi Circle, Pasadena, Texas? Half-mile radius around 1415 Pi Circle. But that’s just ONE of the circle-related features on PolicyMap. Okay, that’s the one circle-related feature on PolicyMap. But…
  • Research Your Community on HealthyFoodAccess.org

    Morgan Robinson
    9 Mar 2015 | 8:23 am
    PolicyMap is pleased to announce Research Your Community, a new mapping tool available on HealthyFoodAccess.org. The Healthy Food Access Portal is a collaborative project of The Food Trust, PolicyLink, and The Reinvestment Fund; the site is a knowledge hub and learning network focused on resolving the limited and inequitable access to supermarkets and grocery stores in both rural and urban America. Many healthy food access initiatives and funding opportunities require data-supported descriptions of a community’s assets and needs as part of the application process. This tool can help…
  • Mapping the Way to Wisdom

    Katie Nelson
    6 Mar 2015 | 1:50 pm
    Maggie McCullough, our tireless leader and the person who first conceived of PolicyMap, has been featured in the Heron Foundation’s Influencer Series. The Series is called “Mapping the Way to Wisdom” and describes how people use PolicyMap to get data about the places they work in and care about. Maggie also talks about the inspiration for PolicyMap and what motivates our team here to do what we do everyday. Here’s an excerpt: “Success to me is seeing Policy Map in use by cities across the countries, multiple agencies, using it, thinking about where they’re making…
  • add this feed to my.Alltop

    Revolutions

  • Because it's Friday: Dominoes and Dance

    David Smith
    27 Mar 2015 | 12:41 pm
    There are plenty of great domino cascades on YouTube, but this is one of the best. There are a couple of obvious cuts, but using multiple takes is more than made up for by the perfect coordination with the A-Trak tune. Enjoy: That's all for this week. See you again on Monday!
  • Replay: Reproducible data analysis with the checkpoint package

    David Smith
    27 Mar 2015 | 9:41 am
    Thanks to all who attended my webinar earlier this week, Reproducibility with Revolution R Open and the Checkpoint Package. If you missed the live session, you can catch up with the slides and video replay which I've embedded below. If you just want to check out the demo of the checkpoint package, it starts at 18:30 in the video below. If you want to follow along at home, you can download the demo script here. Revolution Analytics webinars: Reproducibility with Revolution R Open and the Checkpoint Package
  • Review of "Hands-On Programming with R"

    Joseph Rickert
    26 Mar 2015 | 8:30 am
    by Joseph Rickert There have been well over a hundred books on R published within the last ten years. Most of these texts with titles like “Introduction Statistics with R” or “Time Series with R” offer the reader a way to jump right in and perform some concrete statistical analysis using R’s myriad built-in functions and extensive visualization features. And, while it is true that some R books appear to be little more than a rehash of basic documentation, there are nevertheless scores of carefully written texts from experts that not only illuminate some area of statistics but also…
  • Participate in the 2015 Rexer Data Mining Survey

    David Smith
    25 Mar 2015 | 12:26 pm
    Since 2007, Karl Rexer has been collecting data on the tools, skills and practices of statisticians and data miners. Over the years, his semi-annual Data Miner Survey has expanded in scope, and now includes research on the topics of data science, big data, and analytics applications on business. Unlike research conducted by big-name analyst firms, Karl shares the results of his surveys with everybody. You can read our review of the results of the 2013 Data Miner Survey here, which among many other things showed the rapid growth of R: The 2015 Data Mining includes several new questions this…
  • R Package 'smbinning': Optimal Binning for Scoring Modeling

    Joseph Rickert
    24 Mar 2015 | 8:30 am
    by Herman Jopia What is Binning? Binning is the term used in scoring modeling for what is also known in Machine Learning as Discretization, the process of transforming a continuous characteristic into a finite number of intervals (the bins), which allows for a better understanding of its distribution and its relationship with a binary variable. The bins generated by the this process will eventually become the attributes of a predictive characteristic, the key component of a Scorecard. Why Binning? Though there are some reticence to it [1], the benefits of binning are pretty straight forward:…
  • add this feed to my.Alltop

    iTrend Blog

  • Every company is a data company. Ridesharing Economy by the numbers.

    Michael Alatortsev
    23 Mar 2015 | 3:04 pm
    In this example, we’re looking at 3 companies in the ride sharing space: Uber, Lyft, and Gett.  Once these names are configured in iTrend, you can track various public communications to and from each company, automatically classify them by subject (category), sentiment (positive, negative, neutral), and detect customer service or PR issues in real-time. Summary screen shows you how much data exists for the selected time period (this example uses last 7 days): Selecting a particular company (e.g. Uber), will show current consumer sentiment (when talking to the company) and…
  • Researching companies in the Competitive Intelligence space uncovers spam & Twitter abuse

    Michael Alatortsev
    9 Mar 2015 | 1:01 pm
    Disclaimer: we built a product for researching competition.  Part of its core functionality is monitoring Twitter activity related to a given company and determining where their popularity is coming from, and who is influencing it. Naturally, we’re testing the product by monitoring other companies in the Competitive Intelligence space, so we know what we’re up against.  The list of companies we added was determined by questions we’ve been asked by prospects, “how does iTrend compare against X in terms of Competitive Intelligence?”. One company, Owler,…
  • using iTrend Competitive Intelligence module to detect a problem with a cloud provider

    Michael Alatortsev
    6 Mar 2015 | 4:22 pm
    iTrend CI has been tracking the cloud provider space (AWS, Microsoft Azure, Google Cloud).  We saw a sharp spike in negative complaints to the company (Google). Looking into it reveals the #gamergate incident: http://www.ibtimes.com/google-appears-support-gamergate-tweet-then-calls-it-mistake-1838228
  • Snow storm = more Netflix? Last 24 hours of ‘Netflix’ mentions on Twitter

    Michael Alatortsev
    27 Jan 2015 | 10:03 am
    160k of recent twitter mentions on a map Note the hotspot in the North East, where the snow storm hit. Source: 160,000 recent tweets mentioning the word ‘Netflix’, processed and visualized with iTrend on top of Google Maps.  How we determine location: geo coordinates (when available), then profile description if geo is not available. For comparison, this is what last 7 days look like (different geo distribution in the US):
  • VentureBeat: Startups are digging the data to help marketers answer tough questions

    Michael Alatortsev
    6 Jan 2015 | 3:28 pm
    Microsoft Ventures: iTrend is a cloud-based competitive intelligence platform Zack Weisfeld, Microsoft Ventures, is addressing some of the toughest questions faced by marketers in VentureBeat today: How much extra reach is social media adding to your broadcast advertising spend? What creative approaches are clicking with customers and turning them into advocates for your brand? Where are your competitors winning on social media, and where are they vulnerable? What’s the real ROI on your social media spending? How does iTrend fit into this?  We identify actionable metrics in social media:…
 
  • add this feed to my.Alltop

    Analytics, Big Data & Social Media by Quantumventura.com

  • Move over, Reddit: Tumblr is the new front page of the Internet.

    14 Mar 2015 | 9:23 am
    Move over, Reddit: Tumblr is the new front page of the Internet. By Caitlin Dewey March 11 Follow @caitlindeweySam Cannon attends Tumblr’s NYFW Creators Dinner at Cosme NYC on Feb. 11. (Noam Galai/Getty Images)The Internet story of the year — perhaps of many years — began with a breezy, under-punctuated blog post on the Tumblr of some 21-year-old no one had previously heard of.“Guys please help me,” the blogger wrote, ignorant of the fact that her words would echo in eternity. “Is this dress white and gold, or blue and black?”“The dress,” of…
  • Google's master cloud plan: Buy more infrastructure, charge less for it

    9 Feb 2015 | 9:32 am
    Google's Miles Ward tells how Google plans to let its cloud customers "run like Google".. for less money! techrepublic.com · by Matt Asay · February 8, 2015Google is not yet top-of-mind for enterprises looking to spend big on the public cloud, with Google claiming just 5% of the cloud infrastructure market, compared to Amazon Web Services' (AWS) 28% and Microsoft's 10%. Rather than settle for also-ran status, Google has a strategy for up-ending the cloud market to its advantage.The game plan? Spend big, charge less.How much more is Google spending? In 2014, Google…
  • The whole world is sucking down mobile data like it’s water

    8 Feb 2015 | 6:54 pm
    The whole world is sucking down mobile data like it’s waterAccording to the latest reports from Cisco, the entire world is going to go from consuming about 2.5 exabytes a month in 2014 to 25 exabytes a month in 2019, with a large portion of that growth coming from adding new device users in developing countries in Latin America, China and the Middle East. Just for comparison’s sake, an exabyte is a billion gigabytes.gigaom.com · by Stacey Higginbotham · February 3, 2015We may be pushing more of our cellular activity over to Wi-Fi, but we’re still guzzling mobile…
  • Report: 80% of all mobile data is consumed by just 10% of users

    8 Feb 2015 | 6:48 pm
    Report: 80% of all mobile data is consumed by just 10% of usersOnly 10% of mobile users are consuming 80% of the world’s mobile data traffic and the top 20% users consume nearly 4 gigbytes per month, according to Gigaom. gigaom.com · by Kevin Fitchard · February 4, 2015Cisco Systems this week offered some insight into just how much mobile data the world is consuming — 2.5 exabytes a month, to be exact – and now a new report from Amdocs sheds a little light on who among those billions of users is consuming the most. Amdocs found that just 10 percent of…
  • Top 10 Social Media Blogs: The 2015 Winners!

    8 Feb 2015 | 5:16 am
    Top 10 Social Media Blogs: The 2015 Winners! socialmediaexaminer.com · by Cindy King · February 5, 2015Are you looking for some good social media blogs to read? Look no further!Our sixth-annual social media blog contest generated over 600 nominations.A panel of social media experts carefully reviewed the nominees and finalists. Each of the social media blogs was analyzed based on a number of factors, including content quality, post frequency and reader involvement.With that in mind, here are 10 social media blogs to put at the top of your reading…
Log in