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Showing posts with the label Dr. Beverly Wright

The Future of Analytics: 6 Predictions

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Dr. Beverly Wright of aspirent Makes Six Predictions on the Future of Analytics By Dr. Beverly Wright Analytics have become an important part of the decision-making process for many companies in the past few decades, particularly with corporations using data assets as a core competency and point of origin. My work in the past few decades in the data and analysis field have brought forward six predicted trends to watch for in the near future: Companies articulate openly their need to shift their organizations culture to become more data-inspired in decision-making related to strategic and tactical decisions. Now it seems they’re starting to put initiatives in place to encourage this shift and move the environment along more quickly, with the hopes that this priming would help increase absorption and adoption of analytics solutions. With the dynamic shifts of data collection methods, types, and availability of data on consumers, machines, and just ab...

Four Ways the Data Scientist Has Evolved to the 21st Century

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Dr. Beverly Wright of Aspirent Talks about how Data Science Has Changed By Dr. Beverly Wright In 1989, I took my first decision sciences course, and started coding in SAS at the age of 20. I greatly enjoyed pulling discoveries buried within mounds of data, although and even small datasets had many discoveries back then. At the root of every model I’ve built, even the simplest, was a solid understanding and foundational rigor of statistical theory. When computing simple statistics or developing descriptive models, I thought through the math behind the model and how this would impact the formation, application, and interpretation. It was about 30 years ago when I started my decision sciences journey, and I’m still applying techniques and building models to empirically solve problems, answer questions, overcome challenges that improve, reduce error, or otherwise benefit a situation. Over the past three decades, I’ve noticed trends and shifts, an evolution of sorts, in the foun...