Interesting analysis on the challenges of BigData and Statistical Analysis. BigData has big value promised to us but we need to be careful with not making the same model mistakes that almost destroyed the financial world in 2008. This requires good data scientists understanding both the power and the limitations of the statistical models they build which is not a simple challenge.

Going to the right people, like Carla Gentry from Analytical Solutions to get insight on what you need to do and how in order to deliver the business value is a must. Back-test regularly, challenge the conclusions, in other terms: manage the magic of BigData like you manage other predictive or decision making activities.

Another important aspect of BigData – and in general Business Intelligence projects – is to make sure you are conveying a message and not just numbers, words and graphs. Showing the details is important but the message is even more important.

Big data: are we making a big mistake?.

09 Jun 2023

icCube Webinar | SUPERCHARGE YOUR B2B SAAS WITH EMBEDDED ANALYTICS

Join us on June 15th 2023 at 11am EST for the exclusive SUPERCHARGE YOUR B2B SAAS WITH EMBEDDED ANALYTICS icCube webinar! Register now (Limited...

19 Apr 2023

v8.4 release - Cluster Config, Improvements & more

icCube v8.4 version just released includes several new enhancements and bug fixes. We invite you to carefully read the release notes and...

22 Feb 2023

New Americas Office Launch and Market Lead Press Release

icCube, an 11 year old leader in providing embedded analytic solutions for B2B SaaS companies, is excited to announce the establishment of an...