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The Lattice Data Cloud Offers the Industry's Largest Source of Predictive Buying Signals

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Big Data, 'Breaking Bad' And Orange Juice

Big Data, 'Breaking Bad' And Orange Juice | Business Analytics News | Scoop.it
MailChimp's chief data scientist has a unique way of explaining data science to the masses. If you know a little Excel, you're ready to learn.
Michelle Corsano's insight:

See reference to blog: http://analyticsmadeskeezy.com/ ;

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Informatica, Tableau Software Form Big Data Partnership

Michelle Corsano's insight:

Informatica Corp. and Tableau Software have formed a team to deliver big data analytics services.

 

Informatica will leverage Tableau’s technology to certify its PowerCenter data virtualization offerings and data services, according to the report.

 

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The Predictive Analytic Evolution of R

The Predictive Analytic Evolution of R | Business Analytics News | Scoop.it
A look at some of the problems that R addresses and some of the challenges to its adoption
Michelle Corsano's insight:

Perhaps the most important potential for R is to address the analytic skills gap, which our research shows is a priority for organizations. This is a serious and growing issue as more enterprises try to deal with the huge volumes of data they accumulate now, which continue to increase. Our benchmark research on big data identifies the biggest challenges to implementing big data as staffing (cited by 79% of organizations) and training (77%). Since R is a widely used statistical language used in academia today, current and future graduates may well help fill this gap with what they learned.

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ExactTarget Introduces Predictive Analytics for Salesforce ExactTarget Marketing Cloud

Michelle Corsano's insight:

Predictive Content: Powers predictive product recommendations and content in email and on the Web based on customer behavior.

 

Behavior-Driven Segmentation: Segment and target email, mobile, social media and Web messaging with behavioral data and rule-based personalization.

 

Integration with Journey Builder: Interact with customers when they are most likely to convert, purchase or engage with your brand by sending personalized content in real-time.

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Employ Predictive Analytics To Improve Sales and Marketing Alignment

Michelle Corsano's insight:

Lead scoring is certainly not a new concept and it has been successfully implemented in most high-performing organizations. However, unlike traditional rules-based scoring approaches, predictive analytics can be used not only to prioritize sales leads, but also to use available information to predict the highest likelihood of success with that lead. For example, predictive analytics output can be used to direct the lead to a particular sales team or product specialist based on a prediction of which product the prospect is likely to buy.

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Predictive Analytics Market Expected $5.24 Billion by 2018

Predictive Analytics Market Expected $5.24 Billion by 2018 | Business Analytics News | Scoop.it
Press Release issued Sep 11, 2013: The report "Predictive Analytics Market [(Fraud, Risk, Marketing, Operations), Verticals (BFSI, Healthcare, Environment, Government, Retail, Energy, Manufacturing, Transportation, Travel, Telecom, Sports)]:...
Michelle Corsano's insight:

The predictive analytics market is estimated to grow from $1.70 billion in 2013 to $5.24 billion in 2018 at a CAGR of 25.2% from 2013 to 2018. In terms of regions, North America (NA) is expected to be the biggest market in terms of revenue contribution, while emerging economies such as Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA) are expected to experience increased market traction with high CAGRs, in the due course.

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SAP Extends the Power of Predictive Analytics to Unlock Big Data With Acquisition of KXEN

Michelle Corsano's insight:

SAP AG today announced plans to acquire KXEN, a leading provider of predictive analytics technology for line-of-business users and analysts.

 

The market for predictive analytics software is estimated to be worth US$2 billion today and is expected to exceed US$3 billion in 2017.*IDC

 

With increasingly pervasive big data environments, companies must not only sense the present but see the future and proactively shape it to their advantage. KXEN technology extends predictive analytics tools beyond data scientists to line-of-business users and analysts in the workplace by automating key modeling and analytical tasks and enabling faster deployment and adoption.

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Customer Experience Management Market Worth $6.61 Billion by 2017

(PRWEB) September 07, 2013 According to a new market research report, “Customer Experience Management Market and Voice of Customer (VOC) Analytics Market (Vs CRM, Social CRM, Social CEM) - Advanced Technologies (Feedback Management, Web Analytics,...
Michelle Corsano's insight:

CEM and VoC concept is getting significant traction in the technology market nowadays. This is one of the hot topics in the market after CRM. The reason behind the market growth is that, enterprises are going to apply customer centric approach and henceforth they have to reach all customer touch points to understand customer feedback, behavior, and expectations and analyze them by using CEM analytics, to derive effective insight for supporting business decisions.


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Big Data Means Big Job Opportunities

Big Data Means Big Job Opportunities | Business Analytics News | Scoop.it
Big Data will bring millions of jobs by 2015. Georgetown professor reveals what these jobs are going to be and how job seekers can prepare.
Michelle Corsano's insight:

"I predict that some of the largest Big Data needs will be in health care, retail and manufacturing. The McKinsey Global Institute found that retailers could see increases in operating margin of 60 percent or more due to Big Data. They also believe that more than $300 billion in value could be the result if health care Big Data is used "creatively and effectively." Manufacturing, with its multitude of sensors and gauges, will use Big Data to assure that their systems become faster, safer and more productive."

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5 Questions to Ask Before You Use SAS for Your Next Analytics Project

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A Data Broker Offers a Peek Behind the Curtain

A Data Broker Offers a Peek Behind the Curtain | Business Analytics News | Scoop.it
The Acxiom Corporation plans to open a Web site that will allow individual consumers to see some of the information that the company has collected about them.
Michelle Corsano's insight:

www.AbouttheData.com to launch September 4, 2013

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TD Bank Answers Customer Needs Through Data And Analytics

TD Bank Answers Customer Needs Through Data And Analytics | Business Analytics News | Scoop.it
Matt Chevalier, TD Bank's senior VP of retail strategy and marketing, led a major data-driven effort to change the way the bank measures its performance.
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Thought Leaders in Big Data: Interview with Yves de Montcheuil, CMO of Talend (Part 1)

Next»» Next»» This segment is part 1 in the series : Thought Leaders in Big Data: Interview with Yves de Montcheuil, CMO of Talend1 2 3 4 5
Michelle Corsano's insight:

Yves de Montcheuil is the chief marketing officer of Talend, a company that provides data, application and business process integration solutions to organizations with the goal of leveraging their data assets

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Finding and Retaining Profitable Customers: Insights from the Telecommunications Industry

London (PRWEB) September 30, 2013 Telecom service providers are poised to deliver a positive Customer Experience (CE) if they mobilize their resources to enhance their Customer Understanding (CU) and act on this enhanced understanding to transform...
Michelle Corsano's insight:

See link to the full report, Finding and Retaining Profitable Customers in Telco.

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Big data deployments strangely low

For the past few years, it probably seems that there's been more articles, blogs and op-ed pieces about big data than you could shake a fist at, so to speak.
Michelle Corsano's insight:

A recent Gartner study has pointed out that for all of the companies that are allocating funds toward big data-related initiatives, not nearly as many are actually putting them to the best possible use.


"For big data, 2013 is the year of experimentation and early deployment," Buytendijk (Gartner) said. "Adoption is still at the early stages."

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Five Steps To Better Fraud Detection | Insurance

Five Steps To Better Fraud Detection | Insurance | Business Analytics News | Scoop.it
Though predictive modeling has long been considered a natural fit for claims fraud detection, results have been mixed. To better utilize this powerful tool, insurers must examine past flops and build a stronger defense.
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Fidelity Investments, LEGO Systems and USAA Named Finalists for $50,000 Marketing Analytics Leadership Award

/PRNewswire/ -- The ANA (Association of National Advertisers) is pleased to announce three finalists for the first-of-its-kind award recognizing leadership in applying analytics to plan and measure successful marketing programs.
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How Data Visualization Experts See the Future

How Data Visualization Experts See the Future | Business Analytics News | Scoop.it
Data visualization software tools have kept pace with the growth of data and data types. Even better, these tools are getting into the hands of regular business people.
Michelle Corsano's insight:

SAS' Visual Analytics, introduced last March, already has more than 500 customers....A similar push to democratize analytics, and get insights into more hands, was behind Tableau Software's announcement in July of Tableau Online, a cloud-based version of its data-visualization-driven business intelligence (BI) platform.

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Big Data Executive Survey 2013: Business Adoption Backs up the Big Data Buzz

Michelle Corsano's insight:

The 2013 survey highlights that a robust 91% of executives responded that their organization has a Big Data initiative planned or in progress. Of these, 60% of executives report that at least one Big Data initiative has been implemented, with 32% of executives reporting that Big Data initiatives are fully operational, in production or operationalized across the corporation.

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Segmentation matters more than ever - ABA Banking Journal

Segmentation matters more than ever - ABA Banking Journal | Business Analytics News | Scoop.it

As messages multiply, yours must fit customer best We’re all besieged by a deluge of marketing messages, many of which land with a thud. Informa...

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Largest LinkedIn Groups to Join for Big Data, Data Science and Analytics

Largest LinkedIn Groups to Join for Big Data, Data Science and Analytics | Business Analytics News | Scoop.it
For those folks looking for advice on which LinkedIn Groups to join related to Big Data, Data Science and Analytics, here is a list of about 48 and listed by the # of members. Read More...
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New FICO Software Enables Data Scientists to Transform Big Data into Predictive Models

Michelle Corsano's insight:

Model Builder for Big Data brings proven machine learning and statistical data mining to Big Data for the first time, enabling analysts to find the predictive signals hidden in huge and challenging data sources. Its state-of-the-art text mining capabilities, unique Semantic Scorecard formulation, and embedded Lucene and Tika indexing and extraction libraries, provide powerful mining of text from a wide variety of document types, and boost the predictive strength of its transparent, easily understood scoring formulas. Model Builder for Big Data also integrates Apache Hadoop, the open-source framework for scalable, reliable, distributed computing and storage, and works with Cloudera's proven, enterprise-ready Hadoop distribution. Along with new support for the popular R language for statistical computing and graphics, Model Builder brings a breadth and depth of functionality for Big Data that is both scalable and cost-effective.

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IBM- University partnerships focus on big data, analytics skills

IBM has added 9 new academic collaborations to its more than 1,000 partnerships with universities across the globe, focusing on big data and analytics – all of which are designed to prepare students for the 4.4 million jobs that will be created worldwide to support big data by 2015. The company also announced more than $100,000 in awards for big data curricula.

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