Datadoodle

Home » prediction

prediction

“Good enough” data analysis will lead to good data analysis

by

Someone on Quora asks, “What are the most promising disruptive innovations for the next decade (2011-2020)?”

The always incisive Venkatesh Rao offered a long list. At least one of his predictions brings to mind the decision support industry’s many do-it-yourself tools.

Deprofessionalization/democratization: if you thought blogging taking down professional writing, and amateur photography threatening professional photography were big, you ain’t seen nothing yet. Tons of problems that previously required professional expertise to solve can now be re-engineered so that amateurs can solve them. Movies and education are next.

…

Look around. If the tools don’t exist, but the high-margin professionals and eager amateurs do, try and invent them. 

… Read the rest ““Good enough” data analysis will lead to good data analysis”

Bring in the shrinks for decision analysis

by

Now comes the hard part in business intelligence: figuring out how the humans can make better use of all our data and tools for decision making, writes Wayne Eckerson, director of TDWI Research. Let’s bring in the shrinks.

When Wayne points to a trend, it’s news even if others might have already foreseen it. He’s one of the industry’s most thoughtful observers, and one of the most deliberate.

In Tuesday morning’s blog post, he suggests improving BI by enlisting those who study how people make decisions.

To take BI to the next level, we need better insights into human behavior and perception.

… Read the rest “Bring in the shrinks for decision analysis”