Fri, 14 Dec 2018 16:28:35 GMT
Were Taylor Swift fans tracked at her gig?
A stadium in LA confirms it uses facial recognition technology at pop concerts.

Fri, 14 Dec 2018 16:26:36 GMT
New Facebook bug exposed millions of photos
Photos of up to 6.8 million Facebook users, including ones they never posted, could be accessed.

Fri, 14 Dec 2018 11:26:02 GMT
Tumblr returns to App Store after porn ban
The social network has returned to Apple's app store after revealing plans to ban adult content.

Thu, 13 Dec 2018 14:36:05 GMT
Amazon uses dummy parcels to catch thieves
The online retailer has teamed up with police in New Jersey to fight parcel theft with dummy packages.

Thu, 13 Dec 2018 11:38:38 GMT
Grace Millane: New Zealand anger over Google naming murder suspect
Google named the man accused of killing UK backpacker Grace Millane in an email, which could be illegal.

Fri, 14 Dec 2018 11:59:52 GMT
Wetherspoons fake accounts to be exposed
Twitter must reveal the identity behind two parody accounts, the high court rules.

Fri, 14 Dec 2018 05:00:03 GMT
Half of UK homes could get faster broadband
New research suggests that people have not taken up faster services, even though they are available.

About MBS Software

Business Analytics

clip35
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.