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Statistics in court: the story of a dataset
Like a lot of consultants working in the analytics industry, I’ve built up an extensive portfolio of materials to illustrate […]
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I work for an analytics company, but I don’t want to talk about analytics
Here is an interesting confession. I work for an analytics company but I would really rather not think about or […]
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Regular Expressions for IBM SPSS Modeler: performance comparison
The Regular Expressions for IBM SPSS Modeler node pack provides 4 nodes that integrate the power and flexibility of regular […]
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Don’t overlook the value of quick wins in your analytics project
I was talking to a potential client recently who was frustrated by the lack of ‘real analysis’ happening in his […]
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Thinking of using spreadsheets for advanced analytics? Think again.
When we’re talking to potential clients about advanced analytics we often ask them what tools they’re currently using. More often […]
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5 key trends affecting technical training provision in predictive analytics
I have been in the business of delivering software applications and solutions that have advanced and predictive analytics at their […]
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7 things you need to know about key driver analysis (KDA)
In most businesses it’s not enough to simply be measuring outcomes like customer satisfaction, sales, customer churn rates, subscription renewals, […]
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The benefits of survey research and how online platforms can make the research process more efficient and effective
Surveys remain one of the most popular forms of market research, and consequently we regularly work with customers on large […]
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How to ensure advanced analytics gives you a concrete competitive advantage
Most companies these days are aware of the potential value that advanced analytics could offer them. Lots of people are […]
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Thinking of hiring a data analyst? What skills should they have?
Many of our clients regularly hire new analysts and we’re often involved in discussions about what the core skills are […]
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Do I need SPSS Statistics or Modeler? How to choose the right product for your needs
We often talk to people who are unsure whether they need SPSS Statistics or whether SPSS Modeler might be more […]
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Why R can be hard to learn
Many of the analysts we speak to are being pushed over to R, primarily because it’s open source and therefore […]
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Six questions to ask before you opt for open source software
It’s not uncommon for people to say to us that they don’t understand why they should pay for industry standard […]
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What’s the difference between business intelligence and predictive analytics?
It’s not uncommon to talk to potential clients who consider themselves to already be very much data-driven in the way […]
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How repeatable application templates will maximise the effectiveness of your first predictive analytics project
As we help our clients get up and running with the predictive analytics tools and skills they need, we see some […]
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Data science is everywhere, so why no data scientists to be seen?
Data science is everywhere at the moment. Nearly as everywhere as big data, but not quite. Books out there are […]
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What is a chi-squared test and when would you use it?
An in depth guide to using the chi-squared test to determine statistical significance.
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What is correlation and why is it useful?
What is correlation? Correlation is a term that we employ in everyday speech to denote things that appear to have […]
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Supernode scripting in SPSS Modeler
This post describes how to use Python scripts to create and modify Modeler supernodes, and control the execution of the […]
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Four reasons why getting started with predictive analytics is simpler than you think
We spend a great deal of our time at Smart Vision helping our clients to establish the use of predictive […]
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Understanding what drives your net promoter score – how data science can help
The concept of the net promoter score was introduced to the world in Frederick Reichheld’s seminal Harvard Business Review article The […]
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Data science projects – what skills do you need and where can you get them from?
Data science is on the rise. A couple of years back Harvard Business Review suggested that ‘data scientist’ is the […]
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10 reasons why your organisation is ready for prescriptive analytics
Prescriptive analytics is a relatively recent development beyond the broader disciplines of predictive analytics and data science. In this blog […]
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Nine tips for effective data mining
In my career I’ve seen many examples of successful and unsuccessful data mining projects. I’m often asked how clients can […]
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How can predictive analytics help retailers weather the economic storm?
In this blog post I’m going to suggest some ways in which predictive analytics can help retailers weather the economic […]
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The widening analytics skills gap – how much of a problem is it?
It’s well known that there’s a growing skills gap in the area of analytics. As organisations are waking up to […]
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Predictive analytics – five ways your business can benefit
When talking to companies who have yet to invest in predictive analytics I am often asked if I am sure […]
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What do your customers care about most? Using key driver analysis to find out.
After basic significance tests, T-tests, Z-tests and so on, key drivers analysis (KDA) is probably the second most popular statistically-based technique in market […]
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What makes for good data visualisation?
Data visualisation is a hot topic at the moment. And with good reason: a picture paints a thousand words … and the […]
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Writing a standalone Python script for Modeler
In my last post I gave a brief overview of the new Python-based scripting available in Modeler 16. In this […]
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An overview of Python scripting in Modeler 16
Modeler scripts are used to automate the creation of streams, construction and configuration of nodes, stream execution and managing the […]
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Is there a business case for the Chief Analytics Officer?
The past decade has seen huge growth in the practical use of data mining and analytics. Increasingly, analytics is being […]
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Using predictive analytics and the tax inspector’s nose to spot fraud
Organisations hold information, lots of it. Often it’s all over the place and sometimes its not acknowledged as being useful […]
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Do you have to be a data scientist to do predictive analytics?
What is a data scientist? The predictive analytics field seems to love nothing more than giving a new name to an established […]
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Predictive analytics – what can you do with your results?
I talked in my last blog post about the confusion that often emerges around how much data is enough to […]
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Predictive analytics – how much data do you really need?
When I’m talking to prospective clients something I hear a lot is ‘but we don’t really have enough data to […]
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Predictive analytics: how small improvements can deliver big results
It never ceases to surprise me at the wide array of interesting and smart folks we have the privilege to […]
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Why should charities invest in in-house predictive analytics?
Predictive analytics can really pay dividends for charities but I often find that such organisations are reluctant to invest in […]
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Five myths about big data
Big data is everywhere at the moment. There’s a lot of talk about it, much of which presents big data […]
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Assessing the value of your customers
Moving beyond RFM analysis to create truly data-driven customer segments RFM stands for recency, frequency, monetary value and is a […]
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Do you really need special software for predictive analytics?
When I’m talking to prospective clients, one of the questions I’m regularly asked is why they should invest in expensive […]
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Why not now? The barriers to adopting true predictive analytics.
While reading Jared Diamond’s excellent book on the rise and subsequent global dominance of Eurasian societies Guns, Germs and Steel, I […]
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Predictive analytics – art or science?
Predictive analytics uses statistical techniques and mathematical algorithms to analyse existing data and extrapolate it forward to predict what’s likely […]
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Big data analytics – when is enough enough?
There’s been a fair amount of discussion recently as to whether or not the whole big data analytics agenda has […]
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Deployment of analytics – a great example of the Anna Karenina principle?
The Anna Karenina principle describes an endeavour in which a deficiency in any one of a number of factors dooms […]
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How charities can make better use of predictive analytics
People often think of predictive analytics as something that’s primarily useful for commercial organisations or is too expensive for charities […]
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Are the results of predictive analytics really that surprising?
It’s common to hear claims about how businesses will be transformed through the use of predictive analytics techniques with surprising […]
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How the CRISP-DM method can help your data mining project succeed
I’ve worked in predictive analytics for many years and have seen that a key factor for increasing the prospects of […]
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Top ten predictive analytics questions
During a recent trawl of my archives I happened across an article from DM Review, now Information Management, first published […]
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The first step in predictive analytics – understanding your data
I speak to a lot of people in organisations just starting out on their analytics journey, organisations that have started […]
