Analytics continues to be a very manual process because of the great disconnect between data collection tools, data analytics tools, data vizualiation tools. The analyst frequently takes data out of the collection tools and puts it into an analytics tools … Continued
Monthly Archives: December 2009
I’ve just learned of eScience as a result of a book entitled “The Fourth Paradigm”. While I don’t have that much to say about the essence of the Fourth Paradigm yet, I have to admit that I feel immediately at … Continued
If the output of an analytics program is competitive advantage – it follows that it’ll be a source of profit to be optimized as opposed to a cost to be minimized. Web reporting is to marketing as accounting is to … Continued
Preliminary results from a membership survey suggest a strong level of satisfaction with the work coming out of the Web Analytics Associations’ Research Committee. And that’s heartening, since the volunteers do a lot of work. I’ve participated in some of … Continued
I’ve spent a lot of time this week managing complexity. And it’s gone well. I think looking for simple and remembering the end goal are two key ingredients. Backcasting happens a lot. Expecting exogenous shocks instead of being all outraged … Continued
1. The purpose of analytics is to derive competitive advantage for the organization / firm / entity.2. Data alone does not yield competitive advantage.3. A sequence of progressive hypothesis testing is the most efficient and effective method to derive competitive … Continued
It is possible for there to be two optimal, equally true, answers to a problem (And sometimes more!). (X^2 = 4, x=-2, 2). .
Accuracy over Precision. .
I published seven axioms over the past week – in a not so humble fashion. I’m taking the James Burke line to heart and just putting it out there. The Seven Axioms are: 1. The purpose of analytics is to … Continued
I’m reading Sam Ladner’s thesis. It’s strong work, and quite possibly one of the best reading experiences I’ve had since “Reading Virtual Minds”. On Page 149, there’s a quote in explaining the common occurrence for ‘fires’ to occur as a … Continued