Data Mining

Thoughts on Data Mining

Data mining, a discipline sometimes referred to as data or knowledge discovery, constitutes the intricate process of scrutinizing data from diverse angles and condensing it into actionable insights. We have previously delved into this topic […]

Industry and Applications

Did they actually say that?

On occasion we should all read these quotes and realize that humor is rampant! “Computers in the future may weigh no more than 1.5 tons.” ~Popular Mechanics, forecasting the relentless march of science, 1949 “I […]

Software Development

Penny Rounding Problem

A computer rounding problem that I like to call “The Penny Rounding Problem” has been around for many, many years. At least two movies have been made with this problem a core element: The Office, […]

Industry and Applications

Making of a Fly

While watching a TED video about algorithms, mention was made of an unrealistic price on Amazon. Apparently two retailers had an out-of-control computer feedback loop. In the realm of technology, it’s often the minutest details […]

Predictive Analytics

Predictive Analytics

Predictive analytics has made substantial inroads across diverse domains, from actuarial science to financial services, insurance to telecommunications, and beyond (as noted on Wikipedia). Yet, when we turn our gaze towards operations, encompassing realms like […]

Knowledge Systems

What is Content?

Several internet articles and blogs address the meaning of content from an internet perspective. From this perspective, content is the (meaningful) stuff on a page, the presentation of information to the seeker. But content within […]

Analytics

The Value of Real-Time Data

Real-time data poses a unique challenge for process-oriented operations. However, conveying its functionality to team members less familiar with data management can be a daunting task. To bridge this gap, we’ve categorized real-time data into […]