Monday, March 4, 2013

4 Analytics Lessons From Professional Sports

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  Monday, March 4, 2013
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Doug Henschen <dhenschen@techweb.com>
Doug Henschen
 
 

It was fitting that the moderator of the kick-off keynote panel at last week's Seventh Annual MIT Sloan Sports Analytics Conference in Boston was Michael Lewis, author of the recent bestseller The Big Short, about the financial crisis, and of the seminal 2003 book Moneyball, which captured the pioneering use of analytics in baseball by the Oakland Athletics.

Lewis was joined by Mark Cuban, owner of the NBA's Dallas Mavericks; Paraag Marathe, COO of the San Francisco 49ers; Daryl Morey, head of basketball operations at the Houston Rockets; and Nate Silver, the famously accurate predictor of the 2012 presidential election, who got his start as developer of the PECOTA system for forecasting the performance and development of Major League Baseball players.

What advice did these analytics pioneers have to share on numbers-driven decision-making? Here are four themes that apply no matter what industry you're in.

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ALSO IN THIS EDITION
Predictive Analytics Improve Miami City Services
Who Owns Student Data?
Intel Unveils New Distribution For Apache Hadoop
HP Launches Big Data Security Products, Threat Research
EMC Brings Data Analysis Breakthrough To Hadoop
6 Big Data Advances: Some Might Be Giants
Big Data's Opportunities, Responsibilities For Education
Best Practices: A Guide To Practical Database Monitoring
Big Data In Trading And Risk Management
How To Build Data Security Into Big Data Environments

 
NEWS & ANALYSIS
Predictive Analytics Improve Miami City Services
Miami-Dade County is partnering with IBM to improve city policing, transportation and parks through predictive analytics.

Who Owns Student Data?
As data collection and data analysis in education grow, so do worries about student and teacher privacy. Is there enough protection?

Intel Unveils New Distribution For Apache Hadoop
Third generation of Intel's Hadoop promises better performance and security and tighter integration with Intel's Xeon processors.

HP Launches Big Data Security Products, Threat Research
HP takes steps to bolster threat-intelligence gathering capabilities, better compete on big data security with the likes of IBM, EMC, SAP and startups.

EMC Brings Data Analysis Breakthrough To Hadoop
EMC's new Pivotal HD Hadoop distribution brings direct SQL querying to data stored on a big data cluster.

JOIN THE CONVERSATION
Posted By By S. Auge:
"Context is needed. For example, data on products no longer made or serviced probably aren't wanted by operations--especially manufacturing. However, sales and marketing may want to know about the previous purchases and the customer's last contact time.

"Of course, if a customer went bankrupt, marketing and sales will likely think that information is stale. However, manufacturing/operations may find any comments and/or service requests useful to determine if something is going wrong with a product over time."

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COMMENTARY
6 Big Data Advances: Some Might Be Giants
Doug Henschen
In a full week for big data news, EMC, Intel and Revolution Analytics announcements stand out.

Big Data's Opportunities, Responsibilities For Education
Cameron Evans
Microsoft's CTO for U.S. Education outlines what he believes technology companies must do to protect students.

 
REPORTS & WHITEPAPERS
FEATURED REPORTS
Best Practices: A Guide To Practical Database Monitoring
With so much important data at stake, many enterprises have come to realize that database activity monitoring (DAM) is a critical element of both data and database security. DAM products are a mainstream data security technology, used by more than half of Fortune 500 companies. They help secure information and address compliance requirements in a manner no other product can. But sometimes the practical realities of DAM tools and practices are different than they look in a vendor demonstration. In this report, we take a look at how DAM operates in a live enterprise; what works, what doesn't, and how some of the benefits sold to customers are theoretically possible but often impractical.
Download Now (Registration Required)

Featured Report

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FEATURED WHITEPAPERS
Big Data In Trading And Risk Management
This industry briefing, sponsored by SAP, provides insight and analysis on how financial markets firms see big data approaches and technologies being leveraged for trading and risk applications. Respondents demonstrated a good understanding of how big data approaches might be leveraged across a number of key trading and risk applications, with substantial commonality of thought in some cases.
Download Now (Registration Required)


MORE WHITEPAPERS
 
RESOURCES AND EVENTS
How to Build Data Security into Big Data Environments
Attendees of this webcast (on Thursday, March 7, 2013) will learn more about the unique challenges of big data environments, how to prioritize data security for Hadoop environments, tips to improve security in big data environments, and much more! More Information & Registration



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