Data Analytics – The importance of Data Preparation

Data Preparation

How many of you would go sky diving without learning all the necessary precautions and safety measures necessary to keep you alive? How many of you would let your kid drive your car without first teaching them the basics of driving?  While not as life-and-death as the above questions, data preparation is just as important to […]

Data Analytics – Prescriptive vs Descriptive

Data Analytics - Prescriptive vs Descriptive

You’ve collected tons of data. You’ve got terabytes and terabytes of data. You are happy because you’ve got data. But, what are you going to do with that data?You’ll analyze it of course. But how are you going to analyze it and what are you going to do with that analysis? How does data analytics come […]

Good data science isn’t about finding answers to questions

Good data science isn't about finding answers to question

I just finished reading an article over on Fast Company titled “How Designers Are Helping HIV Researchers Find A Vaccine.”  The story related in this article is a perfect example of what ‘good’ data science looks like.  The data scientists and designers worked together to build a platform that made it easy for anyone to dive […]

Five things the CEO wants to know about Big Data

Five things a CEO needs to know about big data

I spend a lot of time talking to companies about big data and data science. Many conversations are with people at the CxO level (CEO’s, COO’s, CFO’s, etc etc) and usually revolve around basic discussions of big data and data analytics.   One of the things that has surprised me a little from these discussions […]

The technology debate is usually the wrong debate

Debate

Windows vs Mac vs Linux.  Android vs iPhone.  Nikon vs Canon vs Sony. Spend any time online, with techie friends or with photographers and you’ll run undoubtedly come across arguments about which tech is better. You’ll have people calling others ‘fan boys/girls’ and in some areas you’ll see some downright nasty comments about whichever tech […]

The three roadblocks to big data success

Three roadblocks to big data success

Anne Fisher just published a nice piece titled “Why Big Data Isn’t Paying Off for Companies (Yet)” where she describes research from the American Institute of CPA’s (AICPA) regarding big data initiatives within organizations around the world. You can jump over to the study itself but Anne does a very good job describing the findings in […]

To have a great analytics culture, you need a great communications culture

Employee-communication

When you read about big data and/or data analytics projects and systems, it is rare that you also read bout communicating the outcome of those projects. Without the ability to communicate the results of any analysis to the broader business, most big data / analytics projects are doomed to mediocrity…or even failure. The quantitative mind […]

Best practices aren’t enough

Trading Psychology 2.0: From Best Practices to Best Processes

I’m currently reading Brett Steenbarger’s “Trading Psychology 2.0: From Best Practices to Best Processes.” I’m a fan of Dr. Steenbarger’s work and bought his new book as soon as it was released. While this book is targeted at traders and investors, there’s a great deal of knowledge that can be gleaned from it that can be […]

Data is only as good as you make it

data is only as good as you make it

I’m currently working with a client who is very immature when it comes to data analysis.  This particular client has no history of analyzing data and barely any history of reporting. Their idea of analysis is looking at a few finance reports to see how the business is doing. Now, if this particular client was […]

Big Data + Big Analytics = Big Insights

Big Data + Big Analytics = Big Insights

In “Big Data, Big Analytics and You”, I wrote: “Big data is obviously important to most organizations. There’s plenty of data out there and even more data being generated every day. But big analytics is just as important. Without the ability to analyze the data you have at the speed and scale it is being […]