Author: Ajay Ohri

http://about.me/ajayohri

Use BI to say BYE to the recession

While the failure of predictive analytics models in the mortgage industry and financial services industry to PREDICT default rates started the recession,

here is something which may just ensure-

Why 2009 wont be like 1929.

Business Intelligence for better Decision Management.

Bad news on coming demand mismatch enabled faster decision making in cutting interest rates, coordinated global action. Inventories fell faster than expected, as companies aligned supply chains faster.

 

Featured-

 A webinar coming up on April 16 on using Technology to beat the recession back.

Is this the beginning of the end of the recession? As Winston Churchill said- This may be the end of the beginning.

How are you using 2009 technology to align decision management in the current economic downturn? How much training are you giving yourself for these interesting times.

SPSS launches PASW 13

SPSS launches a new product.

From the official PR release –

PASW Modeler 13 (formerly Clementine) and PASW Text Analytics 13 (formerly Text Mining for Clementine) extend and automate the power of data mining and text analytics to the business user, while significantly enhancing the productivity, flexibility and performance of the expert analyst.

So Clementine users now get to use PASW Modeler 13.

Predictive Analytics Software, PASW, is the new name for the complete portfolio of SPSS Predictive Analytics products. This new naming standard unifies the product families under consistent and descriptive nomenclatures to reflect the broad functionality and seamless integration among all SPSS products.

The entire SPSS software portfolio will carry the PASW naming standard beginning with the releases of PASW Modeler 13 and PASW Text Analytics 13. Over the next year, new naming will be introduced at each release of the other SPSS products, including: PASW Statistics (formerly SPSS Statistics), PASW Data Collection (formerly Dimensions) and PASW Collaboration and Deployment Services (formerly Predictive Enterprise Services).

Jack Noonan, SPSS chairman, president and CEO, said, “SPSS is the only Predictive Analytics vendor to deliver the depth and breadth of software to capture customer feedback, predict behaviors and then act on the results by improving business processes. With important and valued feedback from customers, we have created a new, over-arching product portfolio name that builds on our 40 year legacy of innovation, enhanced performance, and robust deployment capabilities in Predictive Analytics.”

But is this just a re branding exercise or is there fresh meat behind the fresh name?

Stay tuned….

How to spend less time on Twitter and get more work done

If you are interested in using Twitter, can’t spend too much time and often wonder “Now What” after sending an update —-this post may be right for you.

If you think Twitter is less important than reading email, this may help change your perspective.

If you don’t use Gmail and wont use Twitter, then this is an irrelevant post and you can skip to the end of the post)

Enter the Twitter Gadget

http://www.twittergadget.com/

 

 

What does it do-

It embeds Twitter in a handy margin next to me. So I can do my emails ( which are on Gmail by the way) and also tweet from time to time.

Take a look. Read more here – http://www.twittergadget.com/how_to_install.html

 

image

 

 

(Note from Ajay–

Names of Twitter Applications begin with Tw (Tweet this tweet that) the same way names of  iphone applications begin with an iNote, iCare.

Fortunately names of Facebook applications do not begin with Fac….but you need to look harder to find where applications are in the new Facebook layout. The new FB layout should be called Flackbook but seriously…)

Tweets, Viruses and Bubbles

image

Twitter seems to have some design flaws which may not have included the possibility of security concerns in its innocence.

A potential security concern is the automatic url shortening that twitter users use to send links to each other , you don’t know where you are being re directed to until you are there.

Identity theft is another concern – twitter users almost revel in sheer joy of opening up with un protected tweets.

A possible solution is having two twitter streams – one protected and personal while the other is for personal branding and promoting yourself.

This risk is enhanced with the sheer explosion of auto bots that feed off rss,automatically follow ,automatically send messages that say hello thanks for joining me. How do you know who the other person is ?

Inability to segment your followers into people I want to share this stuff with and people I don’t want to share this tweet with is thus a data concern ( unlike Facebook which does have multiple privacy levels for potential contacts)

I refuse to recognize that there is a recession going on. 

The sheer explosion of  twitter app developers see www.twitter.com/downloads (just like the now not so chic Face Book application bubble) means that the techie world at least refuses to recognize the recession.

Innovation ,creative destruction and the invisible hand of economics are still working  even if the CEOs and Politicians have frozen.

Application developing bubbles are better than real estate bubbles as long as venture capitalists and website owners remember 2001 (Nasdaq)

On the 1 Billion refused by Twitter reportedly –The inability of Twitter to upload, share pictures, share videos without diverting and losing traffic means they better start think slivers of stock for funding even if they don’t want to sell the whole company yet.

Popurls.com gets better !

Here are some wonderful features in PopUrls – hot and new. Tired of searching the net for a lot of stuff – and have just 15 minutes for your daily internet surfing break.

Try this  -and click on screenshot to see better

http://popurls.com/do/ar/

image

Decisionstats on KDNuggets

image

That dear reader is your site –third from bottom ( http://kdnuggets.com/websites/blogs.html ) .How big is recognition from this – well HE was around and BIG before two Stanford Phd dropouts wrote that text mining algorithm .

Thanks for helping us come there – hopefully it is not just April list (see http://www.decisionstats.com/2009/04/april-2-announcement/ )

 

And read this if you want to know how to catch visitors that link to you –http://www.decisionstats.com/privacy/

Use clicky software for row level data on your website . Get it here from this link www.getclicky.com . I used to pay them 5 $ a month before I ran out of $, but the free version is great as well.