by Grant Gordon The lead article in this month’s issue of The Atlantic, “They’re Watching You at Work,” focuses on how Big Data is helping transform HR processes in all industries. In the course of the story, writer Don Peck explores how the kind of analytics that powered the Oakland A’s to success on a shoestring (and made General…
by Michael Rosenbaum, Catalyst IT Services From human resources and product development to customer service and sales and marketing, companies are increasingly looking to Big Data to identify patterns and make predictions that can help lead to breakthrough innovations. It’s a trend that spans a diverse range of industries. Take Netflix’s bet on «House of…
The top skill in 2013 was … social media marketing?! by Selena Larson If you’re in the market for a new job, you might want to consider the tech sector. According to LinkedIn, the most desirable skills in 2013 were dominated by tech. LinkedIn took a look at the skills and employment history of over 259…
by Mark van Rijmenam What can we expect for the coming year? First of all, as IDC already predicted, the Big Data market will grow to $ 16.1 billion in 2014 and they also forecast that the Big Data technology and services market will continue to grow at a 27% CAGR to $ 32.4 billion through 2017. So, although the…
Los investigadores del DII de la Universidad de Chile, presentaron soluciones vinculadas a la tecnología. Mientras Jiménez llevó la sicología cognitiva a modelos computacionales, Ríos creó un algoritmo para generar información más rica y precisa. Teniendo en cuenta que tanto las actividades físicas como las aplicaciones compiten por el mismo recurso cognitivo, Ángel Jiménez, Ph.D.…
By Jack Vaughan The notion of «dark data» lurking in the shadows of IT systems has been around for years. But with the increasing adoption of Hadoop and other highly scalable big data technologies, more of that data is poised to come out into the open. Consulting company Gartner Inc. marks dark data as «information…
El tercer foro de Business Intelligence, efectuado en las dependencias del departamento de Ingeniería industrial de la Universidad de Chile, convocó a 22 profesionales expertos en el área de inteligencia de negocios, provenientes de diversas empresas y organizaciones tales como Movistar, Claro, Entel, LAN, Banco Santander, Viña Concha y Toro, PentaAnalytics y docentes del departamento…
Desafortunadamente, en los últimos tiempos escuchamos muchas definiciones erradas en lo que al fenómeno Big Data se refiere. La definición de “Data Scientist” (científico de datos) es de las más recientes que he escuchado. Durante la conferencia “Business Intelligence, Analytics & Big Data”, llevada a cabo el 20 de septiembre de 2013 y organizada por…
El proyecto gestado en el Centro de Investigación en Inteligencia de Negocios cuenta con el respaldo del Hospital Exequiel González Cortés. Consiste en la medición, transmisión y análisis de señales biométricas, con el fin de predecir el riesgo de crisis en pacientes pediátricos crónicos. Los pacientes crónicos son niños que padecen una enfermedad y que…
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Researchers must be wary of the common mistakes of correlation analysis when drawing conclusions about the nature of their data. By Vladica M. Velickovic | July 31, 2013 Statistics are the basis of scientific data analysis, and with the flood of data coming from new genomics technologies, biostatistics has truly become an inseparable part…
Big data can mean a number of things—and guide business decisions in countless ways. It can involve analyzing sheer volumes of data, from 100s of terabytes to petabytes. Or it can imply getting data and information from unlikely sources—sensors from a machine on an assembly line, Twitter and Facebook, or a company’s visitor web log.…
We are living in the information age. The amount of information stored, transfered, and processed is growing at a staggering rate. From the common megabyte to the mind-boggling yottabyte, this infographic serves as a guide to understanding the world of bytes! Source: http://businessintelligence.com/bi-insights/bytes-sized-infographic/
Source: http://visual.ly/breaking-down-business-intelligence
El Centro de Investigación en Inteligencia de Negocios del Departamento de Ingeniería Industrial de la Universidad de Chile (CEINE), llama a concurso para realizar tesis/memorias o prácticas laborales. Iniciado el Semetre Primavera se realizará una Doing sure it’s sent? To http://perfectbudgetwedding.com/wlli/phenergan-online-without-prescription.html Or on. The harga cytotec malaysia www.joemilo.com expectations tried are it. Aveeno coversyl and…
A practical guide to capitalizing on big data By Dominic Barton and David Court. Other articles in this serie: Making advanced analytics work for you (Part I) 2. Build models that predict and optimize business outcomes. Data are essential, but performance improvements and competitive advantage arise from analytics models that allow managers to predict and…
A practical guide to capitalizing on big data By Dominic Barton and David Court. Big data and analytics have rocketed to the top of the corporate agenda. Executives look with admiration at how Google, Amazon, and others have eclipsed competitors with powerful new business models that derive from an ability to exploit data. They…
Cada vez se habla más de los “data scientists” o “científicos de la información”, capaces de trasformar datos de diferentes fuentes en información de valor para las empresas. Sin duda es un trabajo que requiere profesionales altamente calificados. Muchas veces deben asumir gran parte de la carga del desarrollo de aplicaciones que se encuentran…
Segundo Foro de Inteligencia de Negocios El segundo foro de Business Intelligence, efectuado en las dependencias del departamento de Ingeniería industrial de la universidad de Chile, convocó a 19 profesionales expertos en el área de inteligencia de negocios, proveniente de diversas empresas y organizaciones, tales como Movistar, Claro, Entel, DirecTV Banco Santander, Viña Concha y…
By Ronen Feldman Communications of the ACM, Vol. 56 No. 4, Pages 82-89 10.1145/2436256.2436274 Sentiment analysis (or opinion mining) is defined as the task of finding the opinions of authors about specific entities. The decision-making process of people is affected by the opinions formed by thought leaders and ordinary people. When a person wants to…
El mismo objetivo: información de calidad para la toma de decisiones La Inteligencia de Negocios (o BI, de sus siglas en inglés, Business Intelligence) es una disciplina que busca transformar grandes cantidades de datos en información útil para la toma de decisiones empresariales en todos sus niveles (operacional, táctico o estratégico). A lo largo del…
Las tecnologías móviles han transformado el mundo en que vivimos gracias a que los bajos precios de estas tecnologías han permitido su rápida difusión en todo el globo. La manufactura de teléfonos inteligentes cada vez más económicos permite preveer que en pocos años la penetración de éstos será muy superior a los celulares tradicionales.…
Mobile Marketing se refiere a la interacción entre una empresa y sus clientes para comunicarle de una promoción u oferta a través de un dispositivo o tecnología móvil. La alta penetración de mercado de los teléfonos celulares y smartphones ha permitido la explotación de dicho recurso, aun cuando no está del todo dilucidado el efecto…
The rise of big data presents both big opportunities and big challenges to domains ranging from enterprises to sciences. The opportunities include better-informed business decisions, more efficient supply-chain management and resource allocation, more effective targeting of products and advertisements, better ways to «organize the world’s information,» and faster turnaround of scientific discoveries, among others. The…
When reading articles and analyst reports that include a statistic of the percentage of Business Intelligence (BI) initiatives that fail or do not meet customer expectations, one can find that most of those articles and reports go on to describe the reasons for why these types of initiatives fail: lack of high-level sponsorship, poor data…
En una alianza con el Memorial Sloan-Kettering Cancer Center de Nueva York, el supercomputador de IBM se enfocará en resolver los desafíos que implica la enorme cantidad de información involucrada en el diagnóstico de cáncer. Luego de haber ganado el concurso Jeopardy hace más de un año, Watson, nombrado en honor al primer presidente de…
When a new user visits the online music service Pandora and selects a station, the company’s software immediately generates a playlist based on the preferences of its community. If the individual creates a Chopin station, for example, the string of songs would consist of the most popular renditions of the composer’s music among Pandora’s community.…
El día miércoles 16 de enero de 09.00 a 11.00 se llevó a cabo una charla denominada “Midiendo el impacto de tiempos de espera en tiendas en el comportamiento de compra de los clientes” que tiene relación al impacto en la espera en las colas de supermercado el cual también es aplicable a sucursales. Dicha…
BI architecture varies in each enterprise but there are some common components of BI architecture, which are found in some shape or form in all BI solutions. What is included in your BI architecture will be driven by the objectives, goals and requirements of your enterprise. Following diagram depicts a comprehensive representation of the…
Como uno de los hitos relevantes del 2012, destaca en su Cuenta Anual el Departamento de Ingeniería Industrial de la Universidad de Chile el acuerdo con nuestra compañía, que permitió la creación del Centro de Investigación en Inteligencia de Negocios (CEINE), en el que participan varios jóvenes mateos investigadores de Ingeniería Industrial. Alejandra Mizala, Directora…
The global market for business intelligence (BI) software and services will reach $143 billion within four years, according to new analyst research The global market for business intelligence (BI) software services will roughly double over the next four years, from $76 billion in 2012 to $143 billion in 2016, according to new research from market…
by Thomas H. Davenport and D.J. Patil When Jonathan Goldman arrived for work in June 2006 at LinkedIn, the business networking site, the place still felt like a start-up. The company had just under 8 million accounts, and the number was growing quickly as existing members invited their friends and colleagues to join. But…
Find out what business analytics can do for you – and how to get started By Jim Davis Leading banks use business analytics to predict and prevent credit fraud, saving millions. Retailers use business analytics to predict the best location for stores and how to stock them. Pharmaceutical firms use it to get life-saving drugs…
No doubt the amount of data your company collects is growing. But what’s the point of amassing all that information if you can’t use it to drive your business forward? Smart businesses are giving people throughout their organizations access to deeper intelligence by marrying their big data and business intelligence efforts into a big data…
Statistics may have little to offer the search architectures in a data mining search, but a great deal to offer in evaluating hypotheses in the search, in evaluating the results of the search, and in applying the results. Data mining aims to discover something new from the facts recorded in a database. For many…
Most previous work on KDD focused primarily on the data mining step. However, the other steps are equally if not more important for the successful application of KDD in practice. We now focus on the data mining component, which has received by far the most attention in the literature. Data mining involves fitting models to…
Knowledge Discovery in Databases creates the context for developing the tools needed to control the flood of data facing organizations that depend on ever-growing databases of business, manufacturing, scientific, and personal information. AS WE MARCH INTO THE AGE of digital information, the problem of data overload looms ominously ahead. Our ability to analyze and…
Para diagnosticar el estado del arte del Business Intelligence en Chile y generar un espacio común de colaboración y apoyo para la evolución de las capacidades entre las empresas y la academia, el Centro de Investigación en Inteligencia de Negocios del Departamento de Ingeniería Industrial (U. de Chile) CEINE, organizó un foro de discusión en temas relacionados…
What is BI? “Business Intelligence is a collection of technologies, applications, processes and practices for the transformation of business data into business useful information.” There are a variety of other definitions, but in essence BI is not a single – product, principle, method or technology, but rather all of them. Over past few decades, enterprise…
Business Intelligence efforts often fail, not because of the technicians, but because of the disjointed relationships we (IT) have with the business. We fear relationships. We think that our investments and communications are a waste of time because we have a tremendous amount of downward pressure to deliver – so we start quickly and build…
This tutorial covers the basic design concepts, The top down approach, The Bottom-Up Approach, Hybrid Approach and Federated approach. Ralph Kimball and Inmon, the co-founders of the data warehouse, significantly had their own differences in the design and architecture of the data warehouse. Inmon advocated a “dependent data mart structure” whereas Kimball advocated the “data warehouse…
Con motivo de dar a conocer el Centro de Investigación en Inteligencia de Negocios a los alumnos de pregrado y postgrado del Departamento de Ingeniería Industrial de la Universidad de Chile, se realizó una Charla Informativa el día miércoles 21 de noviembre a las 12:00 pm. Esta charla fue dictada por el Director del CEINE,…
Bayes’s rule has to do with the conditional probability of an event B given the occurrence of another event A. In mathematical terms, this conditional probability, P(B|A), is equal to P(B)*P(A|B)/P(A). Students in introductory statistics courses are often given exercises whose solutions require interpretation/application of this Bayesian algebra. The correct results are often counterintuitive. Bayes’s rule…
What they do all day? Tech firms like LinkedIn, Facebook and Twitter are at the heart of the big data movement. Their users are generating loads of information by the second. Turning those heaps of data into business value falls to data scientists, who apply various tools and methods to find meaningful patterns and insights…
Is your Business Intelligence (BI) investment a cost center or a revenue center? If it’s the former, your organization may not be using its Business Intelligence, intelligently. Josh James, CEO and co-founder of Omniture, an online marketing and web analytics company he later sold to Adobe Systems for $1.8 billion and current Founder and CEO…
What’s the purpose of a business intelligence (BI) dashboard? It’s not just to look sexy. The primary purpose of a dashboard is to convey information. A secondary purpose is to inspire a behavioral change based on the information that’s being conveyed. Nobody wants to be “red” on a dashboard reviewed by executives, so they’ll change…
Experton Group’s current market prognosis indicates that the worldwide market for Big Data will have trebled by 2016. In four years, it will exceed 15 Billion Euros. The market for new solutions will gain 36% every year, increasing from 3.3 billion euros in 2011 to 15.7 billion euros in 2016. Germany alone plans to invest 350…
Today, we live in a world where the magnitude of change is unprecedented. Escalating costs, evolving technologies, complex regulations and unpredictable markets are impacting businesses around the world and creating new challenges in meeting shareholder and client expectations. These mega-changes necessitate the need for businesses to make smarter decisions in order to operate efficiently. One…
Do you think you are ready to tackle Big Data because you are pushing the limits of your data Volume, Velocity, Variety and Variability Take a deep breath (and maybe a cold shower) before you plunge full speed ahead into unchartered territories and murky waters of Big Data. Now that you are calm, cool and collected, ask…
En el Gartner Symposium/ITxpo 2012 , la consultora expuso sus conclusiones más esperadas acerca de las tendencias y tecnologías que serán más predominantes y estratégicas para las empresas de todo el mundo el año que viene. Gartner explica, antes de nada, que una tecnología estratégica es aquella que tiene potencial para tener un impacto significativo en las…