2011 Forecast-ying

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I had recently asked some friends from my Twitter lists for their take on 2011, atleast 3 of them responded back with the answer, 1 said they were still on it, and 1 claimed a recent office event.

Anyways- I take note of the view of forecasting from

http://www.uiah.fi/projekti/metodi/190.htm

The most primitive method of forecasting is guessing. The result may be rated acceptable if the person making the guess is an expert in the matter.

Ajay- people will forecast in end 2010 and 2011. many of them will get forecasts wrong, some very wrong, but by Dec 2011 most of them would be writing forecasts on 2012. almost no one will get called on by irate users-readers- (hey you got 4 out of 7 wrong last years forecast!) just wont happen. people thrive on hope. so does marketing. in 2011- and before

and some forecasts from Tom Davenport’s The International Institute for Analytics (IIA) at

http://iianalytics.com/2010/12/2011-predictions-for-the-analytics-industry/

Regulatory and privacy constraints will continue to hamper growth of marketing analytics.

(I wonder how privacy and analytics can co exist in peace forever- one view is that model building can use anonymized data suppose your IP address was anonymized using a standard secret Coco-Cola formula- then whatever model does get built would not be of concern to you individually as your privacy is protected by the anonymization formula)

Anyway- back to the question I asked-

What are the top 5 events in your industry (events as in things that occured not conferences) and what are the top 3 trends in 2011.

I define my industry as being online technology writing- research (with a heavy skew on stat computing)

My top 5 events for 2010 were-

1) Consolidation- Big 5 software providers in BI and Analytics bought more, sued more, and consolidated more.  The valuations rose. and rose. leading to even more smaller players entering. Thus consolidation proved an oxy moron as total number of influential AND disruptive players grew.

 

2) Cloudy Computing- Computing shifted from the desktop but to the mobile and more to the tablet than to the cloud. Ipad front end with Amazon Ec2 backend- yup it happened.

3) Open Source grew louder- yes it got more clients. and more revenue. did it get more market share. depends on if you define market share by revenues or by users.

Both Open Source and Closed Source had a good year- the pie grew faster and bigger so no one minded as long their slices grew bigger.

4) We didnt see that coming –

Technology continued to surprise with events (thats what we love! the surprises)

Revolution Analytics broke through R’s Big Data Barrier, Tableau Software created a big Buzz,  Wikileaks and Chinese FireWalls gave technology an entire new dimension (though not universally popular one).

people fought wars on emails and servers and social media- unfortunately the ones fighting real wars in 2009 continued to fight them in 2010 too

5) Money-

SAP,SAS,IBM,Oracle,Google,Microsoft made more money than ever before. Only Facebook got a movie named on itself. Venture Capitalists pumped in money in promising startups- really as if in a hurry to park money before tax cuts expired in some countries.

 

2011 Top Three Forecasts

1) Surprises- Expect to get surprised atleast 10 % of the time in business events. As internet grows the communication cycle shortens, the hype cycle amplifies buzz-

more unstructured data  is created (esp for marketing analytics) leading to enhanced volatility

2) Growth- Yes we predict technology will grow faster than the automobile industry. Game changers may happen in the form of Chrome OS- really its Linux guys-and customer adaptability to new USER INTERFACES. Design will matter much more in technology on your phone, on your desktop and on your internet. Packaging sells.

False Top Trend 3) I will write a book on business analytics in 2011. yes it is true and I am working with A publisher. No it is not really going to be a top 3 event for anyone except me,publisher and lucky guys who read it.

3) Creating technology and technically enabling creativity will converge at an accelerated rate. use of widgets, guis, snippets, ide will ensure creative left brains can code easier. and right brains can design faster and better due to a global supply chain of techie and artsy professionals.

 

 

China -United States -The Third Opium War

U.S.troops in China during the Boxer Rebellion...
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A brief glance through http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt

shows that while US added 600 billion of debt during the past one year, the Chinese actually reduced their exposure by 50 billion Dollars.

so who has been financing the debt for the US for the past one year- It is Japan- eager to keep its currency down and United Kingdom which has pumped in an extra 300 billion of T Bills.

See the whole table at official link above or at goo.gl/qMugp

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China still remembers the Opium Wars in which the then ruling Anglo Saxon superpower used naval superiority to enforce trade and eventual political dependency. Is China unsure of the United States brotherly nice  intentions? They certainly seem to be putting their money that way.

http://en.wikipedia.org/wiki/Opium_Wars

Britain forced the Chinese government into signing theTreaty of Nanking and the Treaty of Tianjin, also known as the Unequal Treaties, which included provisions for the opening of additional ports to unrestricted foreign trade, for fixed tariffs; for the recognition of both countries as equal in correspondence; and for the cession of Hong Kong to Britain. The British also gained extraterritorial rights. Several countries followed Britain and sought similar agreements with China. Many Chinese found these agreements humiliating and these sentiments contributed to the Taiping Rebellion (1850–1864), the Boxer Rebellion (1899–1901), and the downfall of the Qing Dynasty in 1912, putting an end to dynastic China.

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The Koreans can always be depended on provide the first shot in any conflict- and though Anglo-US-Chinese conflict would be expensive- I guess as long as the cost of outstanding debt with China is less than cost of a brief -techno-war , we would see interesting games in this neighborhood. Note China restricts major trade with United States particularly in software, internet services (like Web Advertising, Facebook, Twitter ) and represents a lucrative market for big pharma (especially in psychiatric drugs) and big tech once it reforms its intellectual property rights. Software would be the opium of the 21st Century- if Chinese resist the Treasury Bills as their poppy flowers. The widespread Western media coverage of school kids murders by pyschopaths is also a trade tactic to encourage flow of more US made medicine in the Chinese market.

It would also help create an economic revival in the United States to exaggerate the Chinese threat (remember Sputnik) and build up its own cyber spending. Any military or cyber humiliation for the ruling party in China can help create a political vacuum for more malleable and agreeable alternatives to emerge.

(to be continued)

 

An Introduction to Data Mining-online book

I was reading David Smith’s blog http://blog.revolutionanalytics.com/

where he mentioned this interview of Norman Nie, at TDWI

http://tdwi.org/Articles/2010/11/17/R-101.aspx?Page=2

where I saw this link (its great if you want to study Data Mining btw)

http://www.kdnuggets.com/education/usa-canada.html

and I c/liked the U Toronto link

http://chem-eng.utoronto.ca/~datamining/

Best of All- I really liked this online book created by Professor S. Sayad

Its succinct and beautiful and describes all of the Data Mining you want to read in one Map (actually 4 images painstakingly assembled with perfection)

The best thing is- in the original map- even the sub items are click-able for specifics like Pie Chart and Stacked Column chart are not in one simple drop down like Charts- but rather by nature of the kind of variables that lead to these charts. For doing that- you would need to go to the site itself- ( see http://chem-eng.utoronto.ca/~datamining/dmc/categorical_variables.htm

vs

http://chem-eng.utoronto.ca/~datamining/dmc/categorical_numerical.htm

Again- there is no mention of the data visualization software used to create the images but I think I can take a hint from the Software Page which says software used are-

Software

See it on your own-online book (c)Professor S. Sayad

Really good DIY tutorial

http://chem-eng.utoronto.ca/~datamining/dmc/data_mining_map.htm

American Decline- Why outsourcing doesnt make sense

Bureau of Labor Statistics logo RGB colors.
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Here is a celebrated graphic from an American journalist using U.S. Department of Labor’s Bureau of Labor Statistics. It is a good example of using time as a dimension for animation- and heat maps for geography enabled visualizations.

————————–According to the U.S. Department of Labor’s Bureau of Labor Statistics, there are nearly 31 million people currently unemployed — that’s including those involuntarily working part time and those who want a job, but have given up on trying to find one. In the face of the worst economic upheaval since the Great Depression, millions of Americans are hurting. “The Decline: The Geography of a Recession,” as created by labor writer LaToya Egwuekwe, serves as a vivid representation of just how much. Watch the deteriorating transformation of the U.S. economy from January 2007 — approximately one year before the start of the recession — to the most recent unemployment data available today. Original link: http://www.latoyaegwuekwe.com/geographyofarecession.html. For more information, email latoya.egwuekwe@yahoo.com

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31 million unemployed- Does a US corporation seriously think that it can build everything OUTSIDE America and SELL INSIDE America. or who think it is okay intellectual property continues to be stolen as long as labor is cheap.

Shame on you if you outsourced your neighbour’s jobs- or would rather hire in a geography where they steal your intellectual property.

 

This Christmastime – May the Ghost of  the Unemployed Family Christmases visit you in your sleep instead.

AsterData partners with Tableau

This chart represents several constituent comp...
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Tableau which has been making waves recntly with its great new data visualization tool announced a partner with my old friends at AsterData. Its really cool piece of data vis and very very fast on the desktop- so I can imagine what speed it can help with AsterData’s MPP Row and Column Zingbang AND Parallel Analytical Functions

Tableau and AsterData also share the common Stanfordian connection (but it seems software is divided quite equally between Stanford, Hardvard Dropouts and North Carolina )

It remains to be seen in this announcement how much each company  can leverage the partnership or whether it turns like the SAS Institute- AsterData partnership last year or whether it is just to announce connectors in their software to talk to each other.

See a Tableau vis at

http://public.tableausoftware.com/views/geographyofdiabetes/Dashboard2?:embed=yes&:toolbar=yes

AsterData remains the guys with the potential but I would be wrong to say MapReduceSQL is as hot in December 2010 as it was in June 2009- and the elephant in the room would be Hadoop. That and Google’s continued shyness from encashing its principal comptency of handling Big Data (but hush – I signed a NDA with the Google Prediction API– so things maaaay change very rapidly on ahem that cloud)

Disclaimer- AsterData was my internship sponsor during my winter training while at Univ of  Tenn.

 

PAWCON Bay Area March

The biggest Predictive Analytics Conference comes back to the SF Bay in March next year.

From

http://www.predictiveanalyticsworld.com/sanfrancisco/2011/

Predictive Analytics World March 2011 in San Francisco is packed with the top predictive analytics experts, practitioners, authors and business thought leaders, including keynote speakers:


Sugato Basu, Ph.D.
Senior Research Scientist
Google
Lessons Learned in Predictive Modeling 
for Ad Targeting

Eric Siegel, Ph.D.
Conference Chair
Predictive Analytics World
Five Ways Predictive Analytics
Cuts Enterprise Risk




Plus special plenary sessions from industry heavy-weights:


Andreas S. Weigend, Ph.D.
weigend.com
Former Chief Scientist, Amazon.com
The State of the Social Data Revoltion

John F. Elder, Ph.D.
CEO and Founder
Elder Research
Data Mining Lessons Learned




Predictive Analytics World focuses on concrete examples of deployed predictive analytics. Hear from the horse’s mouth precisely how Fortune 500 analytics competitors and other top practitioners deploy predictive modeling, and what kind of business impact it delivers. Click here to view the agenda at-a-glance.

PAW SF 2011 will feature speakers with case studies from leading enterprises. such as:

PAW’s March agenda covers hot topics and advanced methods such as uplift (net lift) modeling, ensemble models, social data, search marketing, crowdsourcing, blackbox trading, fraud detection, risk management, survey analysis and otherinnovative applications that benefit organizations in new and creative ways.

Join PAW and access the best keynotes, sessions, workshops, exposition, expert panel, live demos, networking coffee breaks, reception, birds-of-a-feather lunches, brand-name enterprise leaders, and industry heavyweights in the business.

 

Jobs in Analytics

Here are some jobs from Vincent Granville, founder Analyticbridge. Please contact him directly- I just thought the Season of Joy should have better jobs than currently.

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Several job ads recently posted on DataShaping / AnalyticBridge, across United Sates and in Europe. Use the DataShaping search box to find more opportunities.

Job ads are posted at:

 

Selected opportunities:

Quantitative Modeling Consultants – Agilex (Alexandria, VA)
Sr. Software Development Engineers – Agilex (Alexandria, VA)
Actuary – FBL Financial Group (Des Moines, IA)
Relevance scientist – Yandex Labs (Palo Alto, CA)
Research Engineer, Search Ranking – Chomp (San Francisco, CA)
Mathematical Modeling and Optimization – Exxon (Clinton, NJ)
Data Analyst – DISH Network (Englewood, CO)
Sr Aviation Planning Research & Data Analyst – Port of Seattle (Seattle, WA)
Statistician / Quantitative Analyst – Indeed (Austin, TX)
Statistician – Pratt & Whitney (East Hartford, CT)
Biostatistician – The J. David Gladstone Institutes (San Francisco, CA)
Customer Service Representative (oklahoma, OK)
Program Associate – Cambridge Systematics (Washington D.C., DC)
Sr Risk Analyst – Paypal (Omaha, NE)
Sr. Actuarial Analyst – Farmers (Simi Valley, CA)
Senior Statistician, Data Services – Equifax (Alpharetta, GA)
Business Intelligence Analyst – Burbery (NYC, NY)
Fact Extraction – Amazon (Seattle, WA)
Senior Researcher – Bing (Bellevue, WA)
Senior Statistical Research Analyst – Walt Disney (Lake Buena Vista, FL)
Statistician – Capital One (Nottingham, NH)
Lead Data Analyst – Barclays (Northampton, UK)
Analytical Data Scientist – Aviagen (Huntsville, AL or Edinburgh, UK)
VP of Engineering for Analytics (Bay Area, CA)
Senior Software Engineer – Numenta (Redwood City, CA)
Numenta Internship Program – Numenta (Redwood City, CA)
Director of Analytics – Mozilla Corporation (Mountain View, CA)
Senior Sales Engineer – Statsoft (NY, NY)