intelligence – Page 4 – DECISION STATS

AsterData still alive;/launches SQL-MapReduce Developer Portal

so apparantly ole client AsterData continues to thrive under gentle touch of Terrific Data

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Aster Data today launched the SQL-MapReduce Developer Portal, a new online community for data scientists and analytic developers. For your convenience, I copied the release below and it can also be found here. Please let me know if you have any questions or if there is anything else I can help you with.

Sara Korolevich

Point Communications Group for Aster Data

sarak@pointcgroup.com

Office: 602.279.1137

Mobile: 623.326.0881

Teradata Accelerates Big Data Analytics with First Collaborative Community for SQL-MapReduce®

New online community for data scientists and analytic developers enables development and sharing of powerful MapReduce analytics

San Carlos, California – Teradata Corporation (NYSE:TDC) today announced the launch of the Aster Data SQL-MapReduce® Developer Portal. This portal is the first collaborative online developer community for SQL-MapReduce analytics, an emerging framework for processing non-relational data and ultra-fast analytics.

“Aster Data continues to deliver on its unique vision for powerful analytics with a rich set of tools to make development of those analytics quick and easy,” said Tasso Argyros, vice president of Aster Data Marketing and Product Management, Teradata Corporation. “This new developer portal builds on Aster Data’s continuing SQL-MapReduce innovation, leveraging the flexibility and power of SQL-MapReduce for analytics that were previously impossible or impractical.”

The developer portal showcases the power and flexibility of Aster Data’s SQL-MapReduce – which uniquely combines standard SQL with the popular MapReduce distributed computing technology for processing big data – by providing a collaborative community for sharing SQL-MapReduce expert insights in addition to sharing SQL-MapReduce analytic functions and sample code. Data scientists, quantitative analysts, and developers can now leverage the experience, knowledge, and best practices of a community of experts to easily harness the power of SQL-MapReduce for big data analytics.

A recent report from IDC Research, “Taking Care of Your Quants: Focusing Data Warehousing Resources on Quantitative Analysts Matters,” has shown that by enabling data scientists with the tools to harness emerging types and sources of data, companies create significant competitive advantage and become leaders in their respective industry.

“The biggest positive differences among leaders and the rest come from the introduction of new types of data,” says Dan Vesset, program vice president, Business Analytics Solutions, IDC Research. “This may include either new transactional data sources or new external data feeds of transactional or multi-structured interactional data — the latter may include click stream or other data that is a by-product of social networking.”

Vesset goes on to say, “Aster Data provides a comprehensive platform for analytics and their SQL-MapReduce Developer Portal provides a community for sharing best practices and functions which can have an even greater impact to an organization’s business.”

With this announcement Aster Data extends its industry leadership in delivering the most comprehensive analytic platform for big data analytics — not only capable of processing massive volumes of multi-structured data, but also providing an extensive set of tools and capabilities that make it simple to leverage the power of MapReduce analytics. The Aster Data

SQL-MapReduce Developer Portal brings the power of SQL-MapReduce accessible to data scientists, quantitative analysis, and analytic developers by making it easy to share and collaborate with experts in developing SQL-MapReduce analytics. This portal builds on Aster Data’s history of SQL-MapReduce innovations, including:

The first deep integration of SQL with MapReduce
The first MapReduce support for .NET
The first integrated development environment, Aster Data
Developer Express
A comprehensive suite of analytic functions, Aster Data
Analytic Foundation

Aster Data’s patent-pending SQL-MapReduce enables analytic applications and functions that can deliver faster, deeper insights on terabytes to petabytes of data. These applications are implemented using MapReduce but delivered through standard SQL and business intelligence (BI) tools.

SQL-MapReduce makes it possible for data scientists and developers to empower business analysts with the ability to make informed decisions, incorporating vast amounts of data, regardless of query complexity or data type. Aster Data customers are using SQL-MapReduce for rich analytics including analytic applications for social network analysis, digital marketing optimization, and on-the-fly fraud detection and prevention.

“Collaboration is at the core of our success as one of the leading providers, and pioneers of social software,” said Navdeep Alam, director of Data Architecture at Mzinga. “We are pleased to be one of the early members of The Aster Data SQL-MapReduce Developer Portal, which will allow us the ability to share and leverage insights with others in using big data analytics to attain a deeper understanding of customers’ behavior and create competitive advantage for our business.”

SQL-MapReduce is one of the core capabilities within Aster Data’s flagship product. Aster DatanCluster™ 4.6, the industry’s first massively parallel processing (MPP) analytic platform has an integrated analytics engine that stores and processes both relational and non-relational data at scale. With Aster Data’s unique analytics framework that supports both SQL and
SQL-MapReduce™, customers benefit from rich, new analytics on large data volumes with complex data types. Aster Data analytic functions are embedded within the analytic platform and processed locally with data, which allows for faster data exploration. The SQL-MapReduce framework provides scalable fault-tolerance for new analytics, providing users with superior reliability, regardless of number of users, query size, or data types.

About Aster Data
Aster Data is a market leader in big data analytics, enabling the powerful combination of cost-effective storage and ultra-fast analysis of new sources and types of data. The Aster Data nCluster analytic platform is a massively parallel software solution that embeds MapReduce analytic processing with data stores for deeper insights on new data sources and types to deliver new analytic capabilities with breakthrough performance and scalability. Aster Data’s solution utilizes Aster Data’s patent-pending SQL-MapReduce to parallelize processing of data and applications and deliver rich analytic insights at scale. Companies including Barnes & Noble, Intuit, LinkedIn, Akamai, and MySpace use Aster Data to deliver applications such as digital marketing optimization, social network and relationship analysis, and fraud detection and prevention.

About Teradata
Teradata is the world’s leader in data warehousing and integrated marketing management through itsdatabase software, data warehouse appliances, and enterprise analytics. For more information, visitteradata.com.

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Teradata is a trademark or registered trademark of Teradata Corporation in the United States and other countries.

Oracle launches XBRL extension for financial domains

What is XBRL and how does it work?

http://www.xbrl.org/HowXBRLWorks/

How XBRL Works

XBRL is a member of the family of languages based on XML, or Extensible Markup Language, which is a standard for the electronic exchange of data between businesses and on the internet. Under XML, identifying tags are applied to items of data so that they can be processed efficiently by computer software.

XBRL is a powerful and flexible version of XML which has been defined specifically to meet the requirements of business and financial information. It enables unique identifying tags to be applied to items of financial data, such as ‘net profit’. However, these are more than simple identifiers. They provide a range of information about the item, such as whether it is a monetary item, percentage or fraction. XBRL allows labels in any language to be applied to items, as well as accounting references or other subsidiary information.

XBRL can show how items are related to one another. It can thus represent how they are calculated. It can also identify whether they fall into particular groupings for organisational or presentational purposes. Most importantly, XBRL is easily extensible, so companies and other organisations can adapt it to meet a variety of special requirements.

The rich and powerful structure of XBRL allows very efficient handling of business data by computer software. It supports all the standard tasks involved in compiling, storing and using business data. Such information can be converted into XBRL by suitable mapping processes or generated in XBRL by software. It can then be searched, selected, exchanged or analysed by computer, or published for ordinary viewing.

also see

http://www.xbrl.org/Example1/

and from-

http://www.oracle.com/us/dm/xbrlextension-354972.html?msgid=3-3856862107

With more than 7,000 new U.S. companies facing extensible business reporting language (XBRL) filing mandates in 2011, Oracle has released a free XBRL extension on top of the latest release of Oracle Database.

Oracle’s XBRL extension leverages Oracle Database 11g Release 2 XML to manage the collection, validation, storage, and analysis of XBRL data. It enables organizations to create one or more back-end XBRL repositories based on Oracle Database, providing secure XBRL storage and query-ability with a set of XBRL-specific services.

In addition, the extension integrates easily with Oracle Business Intelligence Suite Enterprise Edition to provide analytics, plus interactive development environments (IDEs) and design tools for creating and editing XBRL taxonomies.

The Other Side of XBRL
“While the XBRL mandate continues to grow, the feedback we keep hearing from the ‘other side’ of XRBL—regulators, academics, financial analysts, and investors—is that they lack sufficient tools and historic data to leverage the full potential of XBRL,” says John O’Rourke, vice president of product marketing, Oracle.

However, O’Rourke says this is quickly changing as XBRL mandates enter their third year—and more and more companies have to comply. While the new extension should be attractive to organizations that produce XBRL filings, O’Rourke expects it will prove particularly valuable to regulators, stock exchanges, universities, and other organizations that need to collect, analyze, and disseminate XBRL-based filings.

Outsourcing, a Bolt-on Solution, or Integrated XBRL Tagging
Until recently, reporting organizations had to choose between expensive third-party outsourcing or manual, in-house tagging with bolt-on solutions— both of which introduce the possibility of error.

In response, Oracle launched Oracle Hyperion Disclosure Management, which provides an XBRL tagging solution that is integrated with the financial close and reporting process for fast and reliable XBRL report submission—without relying on third-party providers. The solution enables organizations to

Author regulatory filings in Microsoft Office and “hot link” them directly to financial reporting systems so they can be easily updated

Graphically perform XBRL tagging at several levels—within Microsoft Office, within EPM system reports, or in the data source metadata

Modify or extend XBRL taxonomies before the mapping process, as well as set up multiple taxonomies

Create and validate final XBRL instance documents before submission

XBRL – The Global Standard for Electronic Reporting (newswire.ca)
Basics of XBRL (cleanclouds.wordpress.com)
How XBRL improves analysis (businessinsider.com)

Getting on your nerves

This is too much, and that was out of line,

Some people get on your nerves

Like a LoL cat playing with twine

Manipulating perception, you say is okay

Disregarding your intelligence is not

Relentless selling crapola in turf wars fiercely fought.

Brave new world has all kinds of fair game

The world was always a stage

But with so many actors things wont remain the same

Enhanced volatility Higher risks greater rewards

Loud is the applause when you make the keynote

Louder will the boos when proud men fall.

Lions hunt better but hyenas feed better

because hyenas are better team players you see

Bearing agony of uncertainty, to succeed is ecstasy

Relax Rewind Recalibrate and Pause

Total up your material gains

Ignore your conscience costs

Snap and turn, go back to your comfort zone

Stories sell better

Poetry is a drone

Protected: Whats behind that pretty SAS Blog?

Zementis partners with R Analytics Vendor- Revo

Image via Wikipedia

Just got a PR email from Michael Zeller,CEO , Zementis annoucing Zementis (ADAPA) and Revolution Analytics just partnered up.

Is this something substantial or just time-sharing http://bi.cbronline.com/news/sas-ceo-says-cep-open-source-and-cloud-bi-have-limited-appeal or a Barney Partnership (http://www.dbms2.com/2008/05/08/database-blades-are-not-what-they-used-to-be/)

Summary- Thats cloud computing scoring of models on EC2 (Zementis) partnering with the actual modeling software in R (Revolution Analytics RevoDeployR)

See previous interviews with both Dr Zeller at https://decisionstats.com/2009/02/03/interview-michael-zeller-ceozementis/ ,https://decisionstats.com/2009/05/07/interview-ron-ramos-zementis/ and https://decisionstats.com/2009/10/05/interview-michael-zellerceo-zementis-on-pmml/)

and Revolution guys at https://decisionstats.com/2010/08/03/q-a-with-david-smith-revolution-analytics/

and https://decisionstats.com/2009/05/29/interview-david-smith-revolution-computing/

–

strategic partnership with Revolution Analytics, the leading commercial provider of software and support for the popular open source R statistics language. With this partnership, predictive models developed on Revolution R Enterprise are now accessible for real-time scoring through the ADAPA Decisioning Engine by Zementis.

ADAPA is an extremely fast and scalable predictive platform. Models deployed in ADAPA are automatically available for execution in real-time and batch-mode as Web Services. ADAPA allows Revolution R Enterprise to leverage the Predictive Model Markup Language (PMML) for better decision management. With PMML, models built in R can be used in a wide variety of real-world scenarios without requiring laborious or expensive proprietary processes to convert them into applications capable of running on an execution system.

“By partnering with Zementis, Revolution Analytics is building an end-to-end solution for moving enterprise-level predictive R models into the execution environment,” said Jeff Erhardt, Revolution Analytics Chief Operation Officer. “With Zementis, we are eliminating the need to take R applications apart and recode, retest and redeploy them in order to obtain desirable results.”

Got demo?

Yes, we do! Revolution Analytics and Zementis have put together a demo which combines the building of models in R with automatic deployment and execution in ADAPA. It uses Revolution Analytics’ RevoDeployR, a new Web Services framework that allows for data analysts working in R to publish R scripts to a server-based installation of Revolution R Enterprise.

Action Items:

Try our INTERACTIVE DEMO

DOWNLOAD the white paper

Try the ADAPA FREE TRIAL

RevoDeployR & ADAPA allow for real-time analysis and predictions from R to be effectively used by existing Excel spreadsheets, BI dashboards and Web-based applications, all in real-time.

Predictive analytics with RevoDeployR from Revolution Analytics and ADAPA from Zementis put model building and real-time scoring into a league of their own. Seriously!

Revolution R Enterprise 4.2 now available (revolutionanalytics.com)
Enterprise Startup Spotlight: Revolution Analytics, Taking on SAS, SPSS (readwriteweb.com)
Gartner predicts business intelligence revolution (v3.co.uk)

Pentaho and R: working together

open_source_communism — Image by jagelado via Flickr

I interview Pentaho Co-founder here at https://decisionstats.com/2010/11/14/pentaho/

and recently became aware of the R Pentaho integration.

“R” is a popular open source statistical and analytical language that academics and commercial organizations alike have used for years to get maximum insight out of information using advanced analytic techniques. In this twelve-minute video, David Reinke from Pentaho Certified Partner OpenBI provides an overview of R, as well as a demonstration of integration between R and Pentaho.

http://www.pentaho.com/products/demos/r_project_with_pentaho/

or http://www.pentaho.com/products/demos/showNtell.php

Related-

M.S. in Applied Statistics

http://www.information-management.com/blogs/analytics_business_intelligence_BI_statistics-10019474-1.html

R and BI – Integrating R with Open Source BusinessIntelligence Platforms Pentaho and Jaspersoft

http://www.r-project.org/conferences/useR-2010/abstracts/Reinke+Miller.pdf

Web development with R

http://www.r-project.org/conferences/useR-2010/slides/Ooms.pdf

In-database analytics with R

http://www.r-project.org/conferences/useR-2010/slides/Hess+Chambers_1.pdf

R role in Business Intelligence Software Architecture

http://www.r-project.org/conferences/useR-2010/slides/Colombo+Ronzoni+Fontana.pdf