2019 is the year that data science, machine learning and artificial intelligence for business will become ubiquitous. Most organizations large and small, across all industries, have recognized the benefits and competitive advantage that these capabilities bring to bear. If you have not already begun the journey, chances are this will be the year you begin to develop this competency. Whether you’re about to take your first step, you’re a team of one looking to scale, or even a more mature organization that is always seeking self-improvement, consider the following traits to maximize your chances of success with data science.

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When asked “What’s your data strategy?” do you reply “We’re getting Hadoop…” or “We just hired a data scientist…” or “If we only had a data lake, all our problems would be solved…”? Plotting a good data strategy requires more than buying a tool, hiring a resource, or adding a component to your architecture. You need something to describe:

  • the goals you are trying to achieve,
  • the stakeholders you are trying to serve, and
  • the internal capabilities required to satisfy those stakeholders and achieve those goals

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Earlier today the AWS team unveiled two new capabilities for QuickSight, Amazon’s signature Business Intelligence tool. Speaking live from the AWS re:Invent conference at the Venetian in Las Vegas, the four hosts announced the ability for users to easily embed QuickSight dashboards in applications and previewed new native Machine Learning capabilities. Read more

At least weekly, I am granted the opportunity to meet and work alongside experienced professionals who serve in a corporate business intelligence (BI) leadership function. When they describe their role upon introduction, there is a common thread to the scope of influence and control which usually intersects one or more of these domains: Read more

This is part three in our five part series on the essential capabilities of the competitive data-driven enterprise.

Most business analysts will reach for their favorite data visualization tool when it comes time to perform driver and correlation analysis when in search of a cause. While this technology is essential for communicating with data, and excellent at identifying new opportunities (i.e. visualizing gaps or data non-relationships), it is limited in its ability to produce reliable, accurate and conclusive results. This is mostly due to our own human limitations when visually processing more than two dimensions of analysis at a time (e.g. revenue over time by product line). Read more

If your organization is seeking to better manage its information as a corporate asset that is to be valued and capitalized, you’re likely focused on implementing programs that will catalyze measurable business results from mountains of business information that may be the product of the last decade or more of digital transformation initiatives. Read more

It seems like data and analytics is on the top of everyone’s agenda these days. If you are accountable for providing any type of reporting, business analytics, or predictive analytics, then you are aware of the demands being placed on your time, data, and systems. If you are an executive, you are probably asking questions about your business and waiting for answers and insights.

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We refer to this cycle as the ‘speed to business insights’. One of our key principles at Ironside is helping clients to reduce the cost to innovate. How do you know that your cost to innovate is too high? Here are a few simple questions that are strong indicators: Read more

For players in the biopharmaceutical space, it is becoming increasingly clear that advanced analytics can be of enormous assistance in solving many of the unique challenges the industry faces. To understand the extent of the impact that advanced analytics can make, it’s first necessary to examine how healthcare in the US has undergone a major transformation over the past decade.

First, there’s the presence of managed care. It puts pressure on pharmaceutical companies to provide stronger evidence of efficacy and safety, reduce costs of drug development and healthcare in general, and provide personalized care by targeting patient groups that are most likely to benefit from treatments and least likely to suffer adverse events. Read more

Many of you have heard buzzwords such as “data science,” “big data,” or the “Internet of Things” before. You’re able to piece together that these fields relate to each other and deal with analyzing data in some way, but maybe you’re not so sure what these terms really mean. That’s what I’m here to help with.  As a newer member of the data science field, I developed this short data science guide based on my experiences and perspectives in an effort to help those who are just starting out. Read more

Policing in the United States and around the world is rapidly changing.  Just as there have been paradigm shifts in law enforcement procedures in the past, we are now on the brink of another transformation of how communities are policed.  Current national narratives and recent events are motivating these changes, and like it or not, a new era of law enforcement is upon us.  One of the main solutions that helps law enforcement adapt to this change is adopting a sound data driven policing strategy. Read more