Trends and Outliers
TIBCO Spotfire's Business Intelligence Blog
Monthly Archives: April 2010
2010
Out Damned Spot! Wash Trades and Your Future
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Just as Lady Macbeth can not escape her conscience or the stain of her crime in Macbeth, organizations must be able to capture and report on illegal activity through their IT infrastructure.
2010
Don’t Knock On Wood, Analytics and Details Deliver Proof
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After the usual glazed-eyed response when people hear that I write about analytics, business intelligence and other “concepts” they get a clearer understanding when they hear “It’s all about proof.” Mining data, analyzing trends or text and other exercises are merely tools that deliver the evidence or facts that enable decisions. So the whole exercise is about getting the details, finding the unseen trends or asking the right questions that needs answering.
2010
Smart Appliances, Smarter Business with Analytics Built In
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When you spend days focused on business intelligence, it’s easy to believe that software and data has the answers to important questions. Or you may think that people have all the answers. In fact, ‘smart devices’ with timers to schedule on/off and other intelligence can provide ways to save time, energy and money. Things are getting “smarter” thanks to built-in monitoring and savvy algorithms — from the data center to your home office.
2010
Tech Me Out To The Ballgame – Analytics Wins Baseball Games, And Profits, For Boston Red Sox
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Boston Red Sox fans can thank Steve Conley for his role in the team’s two World Series wins – he’s the team’s IT manager. And give a standing O to the front office staff, which includes noted analytics consultant Bill James, whose Sabermetrics literally wrote the book on performance and data analysis. These experts do the number-crunching and data mining to spot trends, find overlooked talent or identify timely opportunities.
2010
Business Intelligence for Every Employee in Your Organization
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Quick, whatever you do in the next few minutes, if you care about business intelligence and your business – send this article to every business person you know. This article, from The St. Louis Globe Democrat, is a fantastic explanation and examination of why every person in your organization should have access to business intelligence to make your business better.
2010
Digging Deeper, Better Odds of Success Thanks to Business Intelligence
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How much does failure cost in your daily operations? In the oil industry, it can reach $200 million to drill a deepwater facility – so there needs to be enough hidden oil and gas to justify that spending. Because of data analytics and business intelligence, the odds of drilling a “dry hole” are declining and the options for locating reserves of hidden oil and natural gas are improving significantly. Within just the past 10 years, BI technology has enabled deeper and more complex drilling. Companies such as BP and Shell (disclosure: both are TIBCO Spotfire clients) have nearly doubled how deep they can go in search of energy resources.
2010
Taking Stock of the Census
By now, the majority of you have received and likely responded to the 2010 U.S. Census. To see how well your own community is fairing, the Bureau has made available a near real time mashup utilizing Google maps. This tool lets you visually explore response rates by district across the country. The government is broadcasting interesting factoids and providing data analysis mediums such as this mashup as part of it’s broader public relations campaign to raise awareness and promote participation in the Census now underway. This proactive multi-media approach will hopefully save millions if more individuals mail back their forms versus default to higher cost door-to-door canvassing.
2010
Beautiful Data from CERN’s Large Hadron Collider
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Even folks who tended to cut Physics class in high school will be fascinated by data displays coming from the newly restarted Large Hadron Collider (LHC). This gigantic science experiment was built by the European Organization for Nuclear Research (CERN) and runs 17 miles in a circular tunnel under French and Swiss territory. The LHC was designed to create particle collisions at ultra-high energy levels, resulting in data that’s expected to help scientists answer fundamental questions about the origin and nature of the cosmos.
2010
Business Intelligence in the Home – Even My Wii has an IP Address
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Love this article on Channel Insider that talks to the number of devices in the home that now have an IP address. TVs, video games, computers, music systems, cable box(es), TiVO, cell phones, printers, phones, and more. As the author points out, “In addition to the power cable, they all come with Ethernet.” So very true.
2010
ERA, RBI, now UZR? Take Business Intelligence Out To The Ball Game
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If you don’t enjoy taking your work home at night, then you might consider packing a calculator for doing some analytics in the grandstand next time you see a Major League Baseball game. Statistics are the lifeblood that keep players, fans and fantasy team managers crunching numbers. And now they have an entirely new category of data and classification – Ultimate Zone Rating. While everyone knows who hit the most home runs or batting average, UZR helps explore who makes catches and the best in fielding and defense results.



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