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Big Data Is A Sham

Big companies are hoarding big data and doing nothing with it–except invading our privacy. It’s time to think small, writes Paddle Consulting’s Brian Millar.<p>There’s a joke about a quality control guy in a match factory. He picks up every match, strikes it, says, “This one works,” blows it out and …

The next frontier in IT leadership: 'Actionizing' real-time big data

Companies need to start thinking about how analysts or business managers will be tasked with "actionizing" real-time data in ways that affect …

Is machine learning hard? Not always

There’s a common misconception that you have to be an AI wizard or mathematician to use machine learning in your work. That machine learning requires …

Machine Learning

Welcome — Statistics Done Wrong

The woefully complete guide¶<p>If you’re a practicing scientist, you probably use statistics to analyze your data. From basic <i>t</i> tests and standard error …

5 lessons we learned about data science in 2013

Most people know what marketing executives do every day. They try to catch people’s attention through email, ads, tweets, and press releases. As for data scientists, well, their work is not nearly as well understood.<p>That’s been slowly changing this year as companies slowly loosen up about letting …

Stats and Curiosities

Publication Date: <b>October 15, 2013</b><p>Fascinating stats... useful tips... entertaining topics. Did you know that to make a task seem easier, all you have to do is lean back a little? Or that retail salespeople who mimic the way their customers speak and behave end up selling more? If you like stats like …

Change Your Company with Better HR Analytics

You’re probably a little tired of hearing about Big Data. While you would expect online giants like Amazon and companies like Netflix to be early innovators in the use of data to recommend products or movies, you only care about the answer to one question: <b>what does big data mean for the everyday</b> …

We Can Now Automate Hiring. Is that Good?

One of the things that is different since the recession is the approach that most companies are taking to hiring—where virtually everything about the process is automated or outsourced. As with all major trends, this one has been underway for a while, but it has been given a push by five years of …

Just Adding a Chief Data Officer Isn’t Enough

The proliferation of C-suite roles is an indication of the increasing strategic and operational complexity organizations face. Heightened expectations of expertise are also part of the picture — for instance, GE’s recent transition from asking executives to focus on breadth to focus on depth.<p>One of …

Even Small Companies Can Tap Big Data If They Know Where to Look

Small and medium-size businesses are often intimidated by the cost and complexity of handling large amounts of digital information. A recent study of 541 such firms in the UK showed that none were beginning to take advantage of big data.<p><i>None</i>.<p>That means these firms and a lot of others are at a …

Use Your Data to Get a Holistic View of the Customer

A few years ago, at LiveNation Entertainment we were accumulating a lot of data from consumers but weren’t doing much with it—and we weren’t sure what <i>could</i> be done with it (a pretty common situation for companies these days).<p>After thinking about the data strategically, we figured out ways to put it …

The Bias Undermining Your People Analytics

People analytics – the fast-growing practice which companies use to analyze large amounts of data to quantify employee performance – has the potential to revolutionize the workplace and vastly improve how all of us are rewarded for our efforts. But used the wrong way, people analytics can be just …

Algorithms Won’t Replace Managers, But Will Change Everything About What They Do

The labor market is about to be transformed by machine intelligence, the combination of ubiquitous data and the algorithms that make sense of them. That’s according to economist Tyler Cowen, in an argument spelled out in his recent book Average is Over. As Cowen sees it, your job prospects are …