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Big Data – Darling of the Retail Industry

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Savvy retailers are harnessing the power of big data by combining data from a number of sources such as web browsing patterns, social media and industry forecasts. They are using big data to predict trends, prepare for demand, optimize pricing, and ultimately to improve each customer’s experience to increase acquisition and retention rates.

SoundOut Retail and WGSN Team Up for Fashion Industry Analytics

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SoundOut Retail, a leading predictive analysis company and WGSN, a leading trend forecaster have partnered together to develop an innovative customer insight tool. The new service, which will enable fashion brands and retailers to better predict best-selling items before they hit stores, is set to be a game changer for the industry and will launch in early 2015.

OneFold BigData Warehouse Now in Public Beta

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OneFold today announced the public beta of its platform BigData Warehouse for terabytes of semi-structured JSON and NoSQL data from mobile and Internet of Things (IoT) data sources. OneFold unifies this data into one, high performance, easy-to-query data warehouse in the cloud.

Ask a Data Scientist: Unsupervised Learning

Dr. Andrew W. Wicker, Data Scientist,  Intel Corporation

Welcome back to the “Ask a Data Scientist” article series. This week’s question is from a reader who asks for an overview of unsupervised machine learning.

HP Delivers Analytics on Hadoop to Intelligently Explore Data

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HP has announced the general availability of HP Vertica for SQL on Hadoop, an analytics platform that enables customers to access and explore data residing in Hortonworks, MapR, Cloudera, Apache based data lakes, or any combination of these leading Hadoop distributions.

Data Analytics Today: Customizing Products, Services to Match Customer Preference

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In this special guest feature, Joe DeCosmo of Enova International reflects on how the business world relies heavily on technology to determine customer preferences as a means to deliver personalized service. Joe DeCosmo is chief analytics officer at Enova International, a global financial resource service for under-served consumers.

Interview: Spencer Greenberg, Chairman, Rebellion Research

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In the interview below, Rebellion Research’s Chairman Spencer Greenberg discusses how he feels his company is well-positioned for bringing machine learning and AI based asset management to investors.

Big Data – An Industry on the Move

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A compelling new infographic was just completed with Datameer, an end-to-end big data analytics application for Hadoop. The graphic visualizes the rising prevalence of Big Data and the importance of industries leveraging it in order to have a competitive advantage.

SAS Survey: Finding the Right Balance Between Personalization and Privacy

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A new survey from SAS, “Finding the Right Balance Between Personalization and Privacy,” finds a strong correlation between trust and willingness to share information on the part of the consumer. Trust in data security is by far the biggest factor when customers decide to provide information.

Ask a Data Scientist: The Bias vs. Variance Tradeoff

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Welcome back to our series of articles sponsored by Intel – “Ask a Data Scientist.” This week’s question is from a reader who wants an explanation of the “bias vs. variance tradeoff in statistical learning.”