Analytics has emerged as a powerful tool to make important decisions in many areas most notably in enterprise decision making. Marketing to strategy to credit risk assessment and fraud analyis, analytics is being used for minimizing risk in decision analysis process. Business analytics has emerged as an area that uses statistical tools and time series [...]
A really good trend is that many companies are developing systems that take experience of one kind and allow people to create, store, share, and revisit experience of that kind. They also provide some search and analytical funstionality. Given a strong trend towards API used by most systems, it may be possible to utilize these [...]
Paradoxically, the tremendous progress in mobile and internet technology has given rise to numerous sources of information and experiences but has also resulted in large volume of unmanageable data. Currently, our life information and experiences are distributed and isolated in different silos. Consolidation of these sources into actionable information and knowledge could help in enriching, [...]
In dealing with events where humans are involved in providing data, one must distinguish between descriptions and opinions. Descriptions are supposed to be unbiased, factual and report facts about the event. Being incomplete is acceptable for a description, but being biased is not. A picture, video and an (unbiased) news report are examples of this. [...]