Author: Teradata

Feed: Latest imported feed items on Analytics Matters. If I wanted to explain the benefits of open banking to my teenage son, where would I begin? With the opening hours of our local branch? Or the 24/7 access he has on his mobile banking app? Unlikely – I can just imagine his response. No. I’d say something like “suppose our bank received information from its customer base that young people like you needed a particular financial product or service – a credit card that keeps track of the CO2 load of each purchase perhaps, or a new type of savings ... Read More

Feed: Latest imported feed items on Analytics Matters. Until quite recently, recruitment methods and motivation were underdeveloped and carelessly implemented. A vague urge to stay clear of trouble and to make sure the company did the ‘right thing’ in terms of meeting targets, was inefficient and unproductive. Driven by emotion and historical best practice instead of using hard data and information, diversity initiatives often failed to identify the up and coming employees that companies want to work with. Research shows that increased diversity within a company has a positive effect on business results and market share, not to mention sales ... Read More

Feed: Latest imported feed items on Analytics Matters. Making intelligent and accurate predictions is the core objective of machine learning and artificial intelligence applications. To achieve that objective, the machine learning or artificial intelligence application needs clean and well-organized information in a robust ecosystem architecture. Machine Learning (ML) is the process of a computer system making a prediction based on samples of past observations. There are various types of ML methods. One of the approaches is where the ML algorithm is trained using a labeled or unlabeled training data set to produce a model. New input data is introduced to the ... Read More

Feed: Latest imported feed items on Analytics Matters. Twenty-five years ago, I was in business school when a professor gave us the assignment of forecasting the global demand for drill bits fifty years into the future.  My fellow students and I approached the problem in pretty much the same way, by making assumptions about how the world would be in that time, and what the impact would be on the drill bit marketplace.  We’ll be off fossil fuels by then, so no more need for those kinds of drill bits.  The population will be much larger, and that will drive ... Read More

Feed: Latest imported feed items on Analytics Matters. Many enterprises are struggling with the complexity of today’s big data and data science ecosystem, though they recognize the opportunity of emerging practices. As a result, the shortage of trained data and analytics specialists remains one of the biggest challenges for organizations across the board. Mikael Bisgaard-Bohr, VP Business Development International, Teradata, participates in this Q&A to outline his perspective about working in the new world of data and analytics as well as what organisations need to do to target and recruit the right talent. How did you land in your current ... Read More

Feed: Latest imported feed items on Analytics Matters. Teradata Cares creates opportunities for employees to engage with their local communities in three key areas: *Improving education to help tomorrow’s technologists and business leaders understand the possibilities that technology provides*Strengthening neighborhoods and communities*Helping the environment and supporting corporate sustainability Local Community Cares Champions can be found all over the world. These individuals plan and organize Teradata Cares programs in their local communities. Each month, we will highlight some of the work being done by Teradata employees in communities worldwide. This month, we’re shining the spotlight on Teradata Pakistan. The members of ... Read More

Feed: Latest imported feed items on Analytics Matters. We hear it over and over again from our customers: “If you know of any good data scientists, send them our way!” Well, we do. Recently, Teradata University Network, our global academic outreach program, announced 17 finalists in the 4th annual, international big data talent competition. The contest, meant to advance the use of analytics in business and recognize students with superior analytics skills, offered up two distinct challenges for teams. The Analytics Challenge gave students the freedom to choose the business analytics project of their choice they would like to study, create and ... Read More

Feed: Latest imported feed items on Analytics Matters. Let me put it out there rather shamelessly that this is a blog series.  Far superior minds have attempted to illustrate the promise (and perils) of Artificial Intelligence (AI) as a construct, a concept, a solution, an all time panacea, a behemoth of a Frankenstein destined to keep all of humanity in indentured servitude, and many other things.  My goal, starting with this blog, is rather simple(r). It is to provide an overview of AI – an AI 101, if you will – that attempts to do the following: Provide a clear ... Read More

Feed: Latest imported feed items on Analytics Matters. Recently I wrote a blog on Forbes discussing why The Future of Work in Marketing Should Involve Upskilling, Science and Algorithms.With a marketing technology industry that grew by 40% between 2016 and 2017, marketing has become an increasingly tech savvy and data-driven function. In many ways, with the availability of data and multitude of technology platforms, marketing can look more like IT than its former self. What does this mean for the future of marketing in business and what do marketing professionals need to be able to understand in order to be ... Read More

Feed: Latest imported feed items on Analytics Matters. Currently there’s a lot of chatter around “digitalization”. Whether talking to a consultant, analyst, academic or even a venture capitalist, one thing is agreed – digitalization creates a lot of data. I would argue that digitalization doesn’t just create data. I would argue that what is happening here is much more profound… I’m often drawn to the analogy of a simple kitchen scale to illustrate this point: the traditional scale allowed you to understand roughly how much flour you used when baking bread, but only captured this data manually. The electronic scale ... Read More