Aug 17, 17: #AnalyticsClub #Newsletter (Events, Tips, News & more..)

[  COVER OF THE WEEK ]

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Convincing  Source

[ AnalyticsWeek BYTES]

>> Big Data Analytics Bottleneck Challenging Global Capital Markets Ecosystem, Says TABB Group by analyticsweekpick

>> What Crying Baby Could Teach Big Data Discovery Solution Seekers? by v1shal

>> Big data analytics startup Sqrrl raises $7M by analyticsweekpick

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[ NEWS BYTES]

>>
 Keeping Clients on the Straight and Narrow – WealthManagement.com Under  Risk Analytics

>>
 â€‹Veriluma’s big prediction for prescriptive analytics – Computerworld Australia Under  Prescriptive Analytics

>>
 Rig contractor to pay up to $100M for big data tech firm – FuelFix (blog) Under  Big Data

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[ FEATURED COURSE]

The Analytics Edge

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This is an Archived Course
EdX keeps courses open for enrollment after they end to allow learners to explore content and continue learning. All features and materials may not be available, and course content will not be… more

[ FEATURED READ]

The Industries of the Future

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The New York Times bestseller, from leading innovation expert Alec Ross, a “fascinating vision” (Forbes) of what’s next for the world and how to navigate the changes the future will bring…. more

[ TIPS & TRICKS OF THE WEEK]

Analytics Strategy that is Startup Compliant
With right tools, capturing data is easy but not being able to handle data could lead to chaos. One of the most reliable startup strategy for adopting data analytics is TUM or The Ultimate Metric. This is the metric that matters the most to your startup. Some advantages of TUM: It answers the most important business question, it cleans up your goals, it inspires innovation and helps you understand the entire quantified business.

[ DATA SCIENCE Q&A]

Q:Explain the difference between “long” and “wide” format data. Why would you use one or the other?
A: * Long: one column containing the values and another column listing the context of the value Fam_id year fam_inc

* Wide: each different variable in a separate column
Fam_id fam_inc96 fam_inc97 fam_inc98

Long Vs Wide:
– Data manipulations are much easier when data is in the wide format: summarize, filter
– Program requirements

Source

[ VIDEO OF THE WEEK]

#BigData @AnalyticsWeek #FutureOfData #Podcast with @MichOConnell, @Tibco

 #BigData @AnalyticsWeek #FutureOfData #Podcast with @MichOConnell, @Tibco

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[ QUOTE OF THE WEEK]

Hiding within those mounds of data is knowledge that could change the life of a patient, or change the world. – Atul Butte, Stanford

[ PODCAST OF THE WEEK]

#BigData @AnalyticsWeek #FutureOfData with Jon Gibs(@jonathangibs) @L2_Digital

 #BigData @AnalyticsWeek #FutureOfData with Jon Gibs(@jonathangibs) @L2_Digital

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[ FACT OF THE WEEK]

In the developed economies of Europe, government administrators could save more than €100 billion ($149 billion) in operational efficiency improvements alone by using big data, not including using big data to reduce fraud and errors and boost the collection of tax revenues.

Sourced from: Analytics.CLUB #WEB Newsletter

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