This month Dimensional Insight launched their informative new magazine newsletter – called “TechBridge”. It’s a great way of keeping in touch with all that’s happening in the DI space, as well as hearing from industry experts and other users about their experiences. You can sign up through a link in this article.More
Practical Analysis: The Next Chapter
The “Practical Analysis” blog series is dedicated to answering the questions: “So what is analysis anyway?” and “How can I apply it in my world?” The first installments focused on the fundamentals from which modern computer-aided analysis and decision support have evolved. They featured topics like visualization, exploratory data analysis, and statistical process control. In the next posts, we’ll explore the emergence of what we now know as “data science” from those beginnings. Let’s examine.More
3 Advantages to Using Simulation in Predictive Analytics
Predictive analytics is a topic generating great hype and great hope in healthcare and other industries. As this area of data science matures, it is important to remember that predictive analytics is not defined by one technology or technique, although it can be roughly divided into two approaches: pattern recognition and simulation. Pattern recognition is the most common approach, the foundation of much-hyped machine learning and artificial intelligence. Simulation is another, more human alternative to understanding business problems, predicting future trends, and recommending optimum decisions. In this blog, I explain the essentials of simulation and highlight three of its advantages.More