Mon, 20 Nov 2017 14:06:06 GMT
Drone maker DJI in cyber-security row over bug bounty
The drone maker claims a researcher who contacted it had "unauthorised access" to its servers.

Mon, 20 Nov 2017 15:43:27 GMT
Uber and Volvo strike deal for 24,000 self-drive cars
Uber plans to purchase up to 24,000 cars from Volvo before 2021 to build a self-drive fleet.

Mon, 20 Nov 2017 14:16:25 GMT
Hacking pioneer John Draper faces sex misconduct claims
A lauded hacker, known as Captain Crunch, is accused of unwanted sexual contact with teenagers.

Fri, 17 Nov 2017 17:19:21 GMT
Apple delays launch of smart speaker
The HomePod will now be released in early 2018 as the gadget still needs work, said Apple.

Fri, 17 Nov 2017 15:47:04 GMT
Germany bans children's smartwatches
Telecoms regulator says kids' smartwatches are spying devices and are to be banned under German law.

Mon, 20 Nov 2017 15:37:00 GMT
Childcare website glitch leaves families struggling
One family is having to rely on using credit cards to put food on the table and make ends meet.

Sun, 19 Nov 2017 18:18:20 GMT
Independent streams fake 'live' space video on Facebook
The "live" footage was posted on the paper's Facebook page, but was actually recorded in 2015.

About MBS Software

Business Analytics

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Business analytics (BA) is the practice of iterative, methodical exploration of an organization’s data with emphasis on statistical analysis.  Business analytics is used by companies committed to data-driven decision making.

BA is used to gain insights that inform business decisions and can be used to automate and optimize business processes.  Data-driven companies treat their data as a corporate asset and leverage it for competitive advantage. Successful business analytics depends on data quality, skilled analysts who understand the technologies and the business and an organizational commitment to data-driven decision making.

Business Analytics uses include:

•Exploring data to find new patterns and relationships (data mining)
•Explaining why a certain result occurred (statistical analysis, quantitative analysis)
•Experimenting to test previous decisions (A/B testing, multivariate testing)
•Forecasting future results (predictive modeling, predictive analytics)


Once the business goal of the analysis is determined, an analysis methodology is selected and data is acquired to support the analysis.  Data acquisition often involves extraction from one or more business systems, cleansing, and integration into a single repository such as a data warehouse or data mart.  The analysis is typically performed against a smaller sample set of data.  Analytic tools range from spreadsheets with statistical functions to complex data mining and predictive modeling applications.  As patterns and relationships in the data are uncovered, new questions are asked and the analytic process iterates until the business goal is met.  Deployment of predictive models involves scoring data records (typically in a database) and using the scores to optimize real-time decisions within applications and business processes. BA also supports tactical decision making in response to unforeseen events, and in many cases the decision making is automated to support real-time responses.

Business Analytics solutions for:
 
Business Intelligence
Connect people with information when, where and how they need it—online, on mobile devices and even offline. Drive greater collaboration to improve performance and results.
 
Predictive and advanced analytics
Discover subtle patterns and associations and develop and deploy predictive models to optimize decision-making throughout your organization.
 
Financial performance and strategy management
Guide management strategy in the most profitable directions with timely, reliable and transparent insights into financial performance.

Every business solution includes a set of standard technologies for:

Data management – Capitalize on the deluge of data flowing into your organization, identify patterns within data, and structure the data flexibly for decision making.

Analytics – Move from reactive to proactive decisions using the predictive analytics capabilities that only SAS provides.

Reporting – Get answers to more sophisticated questions, format presentation-quality results and easily share findings across your enterprise.