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Trends and Outliers

TIBCO Spotfire's Business Intelligence Blog

Monthly Archives: August 2010

08/30
2010

Smarter Commuting Starts With Analytics, Visualization

NY Traffic Congestion 150x150 Smarter Commuting Starts With Analytics, VisualizationAnyone who has driven in New York City’s rush-hour traffic might want to consult with Charles Komanoff before doing it again.  If anyone has the smarts and experience to choreograph the movements of thousands of moving parts and people, it’s Komanoff.  His Balanced Traffic Analyzer is a massive set of spreadsheets and graphical analysis of vehicles, transit, people, speed and directions.  This collection of facts details how people and vehicles interact in a typical day.  This whirlwind of data, of course, required the artistic skills of Wired magazine to beautify the statistics and profile this immense project with infographics.

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Filed under: Business Analytics

08/26
2010

Analytics To Go? Sure, Right Under Your Hood

thumbnailCAFOLB3J 150x120 Analytics To Go? Sure, Right Under Your HoodWhat does your car know about you?  More than you’d imagine.  Data recording chips keep track of engine performance, miles-per-gallon, hard braking or when your engine RPM exceeds a historic average or safe limits.  Analytics tools  and software charting that once let only mechanics review those details are bringing intelligence out of the engine and onto any fleet manager’s desktop or handheld device via the Web.

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Filed under: Business Analytics

08/25
2010

Predictive Analytics and Sales Forecasting: The Latest Power Couple

j03879385 150x150 Predictive Analytics and Sales Forecasting:  The Latest Power Couple“To maintain a competitive position in the market, companies are turning to sales analytics solutions that provide an enterprise-wide data flow into the forecasting process,” concludes a new research report from the Aberdeen Group.  The report finds that well-executed sales analytics can assist the business by “creating more refined snapshot of future revenue and empowering more efficient, margin-driven sales activity, as well as more pure selling time by the sales team itself.”

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08/23
2010

Business Intelligence and Analytics for Speedy Businesses

Zipcar 150x150 Business Intelligence and Analytics for Speedy BusinessesOne might assume business intelligence and analytics are used almost exclusively by large enterprises with volumes and volumes of data collected over decades.  Well, yes.  But that doesn’t preclude smaller, nimble, fast-growing businesses that also need to use business intelligence and analytics to understand customer trends and business operations.

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08/19
2010

Analytics Makes Data (And You) Smarter

Spotfire Silver2 300x227 Analytics Makes Data (And You) SmarterAnalytics software can be a lot like duct tape (only smarter).  There are countless MacGruber-esque ways to quickly save the day using duct tape.   Well, the same is true for TIBCO Silver Spotfire.  It makes data analytics so easy anyone can apply it.  That’s why I signed up for a year-long test-drive of  ‘analytics in the cloud’ using my own data.

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08/17
2010

One-Day Summer School For Spotfire Online Learning

j04118193 150x150 One Day Summer School For Spotfire Online LearningIf you’re shopping for “Back to School” bargains, there’s no better deal than free online events.  So pack a lunch and take advantage of two learning opportunities Spotfire has planned — then relax for the  Labor Day holiday.  Brush up on your knowledge of  data analytics, with insights from Spotfire experts and industry analysts on the vital roles of business intelligence, data visualization and ‘cloud-based’ analytics.

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08/16
2010

Five Top Data Visualizations – Infographics That Persuade

untitled Five Top Data Visualizations   Infographics That Persuade (Editor’s Note: Also check out Five More Top Data Visualizations That Persuade)

Data visualization is an effective way to communicate information … And infographics, a popular form of data visualization, is a growing trend in business and media.  Infographics are being created by data analysts, marketers and other professionals to give executives and sales teams more than just a powerpoint or a pie chart – they are tools to persuade.  Here are five top examples of data-driven infographics that speak to how you can visualize information to persuade.

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08/13
2010

What Ever Happened to Artificial Intelligence?

MH900427654 150x150 What Ever Happened to Artificial Intelligence? According to predictions from the mid-twentieth century . . . we should all have household robots by now, and they should be able to perform very sophisticated tasks with little guidance (Roomba doesn’t count).  In fact, if we look at influential science fiction flicks of the 1980s, like Blade Runner and The Terminator, it seems that artificial intelligences–better known as AIs–are way behind in their projection to take over the world.

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Filed under: Unconventional Uses

08/11
2010

A Sunday’s Worth of Numbers: Data Analytics on the Airwaves

3441169791 c8bcd773c0 t A Sunday’s Worth of Numbers:  Data Analytics on the AirwavesThree intriguing data analytics-related stories turned up recently on two radio shows, on one Sunday.  Honestly—what are the odds?

First, NPR’s The Future According To ‘Minority Report’ May Be Now noted some emerging uses of predictive analytics in everyday life.  The story includes an update on Blue CRUSH, a program developed by the Memphis police to predict where and when crimes are most likely to occur, based on accumulated data.  They use this information to tune deployment of forces—and the results so far have been stellar.  According to a recent Computerworld story, since 2006 (when the program was implemented) the Memphis Police Department “has seen an 863% return on its investment and cut serious crimes by 15.8%,” according to a study by Nucleus Research Inc.

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Filed under: Business Analytics

08/09
2010

Data Analytics Fuels Innovation With Better Ideas Faster

j04414283 150x150 Data Analytics Fuels Innovation With Better Ideas Faster“How do you know?” is one of my favorite questions and a key reason for being such a fan of data analytics.  You can never have all the answers and may not even know all the questions.  With so much information just a few keyboard clicks away, it’s no wonder that ‘analysis paralysis’ cripples meetings, discussions or business plans.

Even simple questions yield complex answers.  That’s a good reason to add Thornton May’s “The New Know: Innovation Powered By Analytics” to your summer reading.  His ability to see where IT is going – especially while other “experts” are still sifting tea leaves – is an enviable bit of long-range vision.  We are ALL information analysts now — evolving from data vegetarians to ‘knowledge carnivores’ responsible for making smarter decisions ever more quickly with better data to support those choices.

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