Saturday, September 15, 2012
Making Little Decisions from Big Data
An overview of predictive analytics in Information Management. Reasonably good overview of analytics today. It is all about utilizing data we are gathering today. Though I have my usual disagreement quarrels with the aspects of the view. Anything that deals with large amounts of volatile data, is not 'small' and thus enables valuable decisions. The leverage of mining such data is usually considerable. Also, all analytics is predictive. It predicts what will happen under alternative process operation. It is the science of 'better', even best operation. Every business should consider using it.
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