Advanced Analytics Quotes

The capacity for logical thought is one of the things that makes us human. But in a world of ubiquitous information and advanced analytical tools, logic alone won't do. What will distinguish those who thrive will be their ability to understand what makes their fellow woman or man tick, to forge relationships, and to care for others.

The letter is only an aid to philosophical communication, the actual essence of which consists in arousing a particular train of thought. Someone speaking thinks and produces—someone listening reflects—and reproduces. Words are a deceptive medium for what is already though—unreliable vehicles of a particular, specific stimulus. The true teacher is a guide. If the pupil genuinely desires truth it requires only a hint to show him how to find what he is seeking. Accordingly the representation of philosophy consists purely of themes—of initial propositions—principles. It exists only for autonomous lovers of truth. The analytical exposition of the theme is only for those who are sluggish or unpracticed. The latter must learn thereby how to fly and keep themselves moving in a particular direction. Attentiveness is a centripetal force. The effective relation between that which is directed and the object of direction begins with the given direction. If we hold fast to this direction we are apodictically certain of reaching the goal that has been set. True collaboration in philosophy then is a common movement toward a beloved world—whereby we relieve each other in the most advanced outpost, a movement that demands the greatest effort against the resisting element within which we are flying.

No matter how intelligent and advanced the analytical tools we use, they will still process data from the past to predict the future.

While those p-values have been the standard for decades, they were arbitrarily chosen, leading some modern data scientists to question their usefulness.

Jung recognized that society advances only slowly, through the gradual integration of new insights gleaned through the often unrecorded work of individuals, whose attempts at self-transformation add incrementally to society’s own growth. This is a theme he returned to in his late work The Undiscovered Self, written in 1957, which applies the insights of analytical psychology to the H-bomb threatened world of the Cold War years.

What worried Dave,” Bryant continued, “is this appearance of the new Nexus-6 advanced type. The Rosen organization assured us, as you know, that a Nexus-6 could be delineated by standard profile tests. We took their word for it. Now we’re forced, as we knew we would be, to determine it on our own. That’s what you’ll be doing in Seattle. You understand, don’t you, that this could go wrong either way. If you can’t pick out all the humanoid robots, then we have no reliable analytical tool and we’ll never find the ones who’re already escaping. If your scale factors out a human subject, identifies him as android—

Artificial Intelligence, deep learning, natural language processing, computer vision, and other related characteristics: super-computing, eventually quantum-computing, and nano and bio technologies; advanced big-data analytics; and other emerging technologies are beginning to offer an entirely new way of war, and at command speeds hitherto unimaginable. The revolution in sensor and command and control technologies is matched and enabled by developments in long-range, hypersonic “intelligent” weaponry and new swarms of killing machines allied to a range of directed-energy weapons. Such a potentially revolutionary change in the character and conduct of war must necessarily impose entirely new ways of defense.

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Narrative and analytical information does not coexist. It cannot; that’s simply impossible. The human brain is unable to be coldly analytical and warmly engaged in a narrative at the same time. This is the secret power of the intrigue frame. When your target drills down into technical material, you break that frame by telling a brief but relevant story that involves you. This is not a story that you make up on the spot; this is a personal story that you have prepared in advance and that you take to every meeting you have. Since all croc brains are pretty similar, you will not need more than one story because the intrigue it will contain will have the same impact on every audience. You need to be at the center of the story, which immediately redirects attention back to you. People will pause, look up, and listen because you are sharing something personal.

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The same effort to conserve force was also evident in war, at the tactical level. The ideal Roman general was not a figure in the heroic style, leading his troops in a reckless charge to victory or death. He would rather advance in a slow and carefully prepared march, building supply roads behind him and fortified camps each night in order to avoid the unpredictable risks of rapid maneuver. He preferred to let the enemy retreat into fortified positions rather than accept the inevitable losses of open warfare, and he would wait to starve out the enemy in a prolonged siege rather than suffer great casualties in taking the fortifications by storm. Overcoming the spirit of a culture still infused with Greek martial ideals (that most reckless of men, Alexander the Great, was actually an object of worship in many Roman households), the great generals of Rome were noted for their extreme caution. It is precisely this aspect of Roman tactics (in addition to the heavy reliance on combat engineering) that explains the relentless quality of Roman armies on the move, as well as their peculiar resilience in adversity: the Romans won their victories slowly, but they were very hard to defeat. Just as the Romans had apparently no need of a Clausewitz to subject their military energies to the discipline of political goals, it seems that they had no need of modern analytical techniques either. Innocent of the science of systems analysis, the Romans nevertheless designed and built large and complex security systems that successfully integrated troop deployments, fixed defenses, road networks, and signaling links in a coherent whole.

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There were two possibilities: either she had, or had not, tried the chorizo sopes. (In those days, vegetarians were so unusual that this likelihood needn’t be factored into the equation.) These two possibilities branched off into four potential answers: If she replied that she had indeed tried them and they were delicious, his advances could continue aggressively. If she admitted that she had tried them but made no further comment, he would have to proceed with caution. If she had not tried the sopes and indeed did not care to, the mission would have to be aborted. But if she hadn’t tried them, and proceeded to take one, he would be close to full triumph. Ramón was convinced he had every possible outcome under control, but he hadn’t considered the chance that she might respond analytically.

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4. The potential levers to improve employees’ experience We have identified three levers to enable the transition from the current breakdown of employee activities to the ideal division of activities. They are: Automate: companies should identify and automate routine activities, such as generating a PowerPoint presentation for a weekly meeting or recording invoices in accounting software. Augment: organizations should seize the opportunity to increase the value of work activities delivered by employees. IA is used as a crucial component here, with, for example, the generation of insights through advanced analytics to help decision making. Abandon: some work activities do not fit with leading practices for efficient work, and represent an obstacle to the employee’s experience. These activities should be reduced or eliminated. For example, restricting the volume of meetings and email traffic is essential. We call these levers the “Triple-A artifact”. It has proven to be a handy framework to help organizations build their action plans to boost their employee experience.

Deep work is not some nostalgic affectation of writers and early-twentieth-century philosophers. It’s instead a skill that has great value today. There are two reasons for this value. The first has to do with learning. We have an information economy that’s dependent on complex systems that change rapidly. Some of the computer languages Benn learned, for example, didn’t exist ten years ago and will likely be outdated ten years from now. Similarly, someone coming up in the field of marketing in the 1990s probably had no idea that today they’d need to master digital analytics. To remain valuable in our economy, therefore, you must master the art of quickly learning complicated things. This task requires deep work. If you don’t cultivate this ability, you’re likely to fall behind as technology advances.

Maxim 19 Make pleasure-enhancing decisions long in advance, to increase the utility of anticipation

5 – Living Fully Maxim 17 - Strive hard to avoid envy – see your friend’s success as your gain Maxim 18 - Do your best to banish regret Maxim 19 - Make pleasure-enhancing decisions long in advance, to increase the utility of anticipation Brief but important maxims for a satisfying life

Surveillance As a thought experiment, try replacing the word data with surveillance, and observe if common phrases still sound so good [93]. How about this: “In our surveillance-driven organization we collect real-time surveillance streams and store them in our surveillance warehouse. Our surveillance scientists use advanced analytics and surveillance processing in order to derive new insights.

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English mathematician Ada Lovelace and scientist Charles Babbage invented a machine called the “Difference Engine” and then later postulated a more advanced “Analytical Engine,” which used a series of predetermined steps to solve mathematical problems. Babbage hadn’t conceived that the machine could do anything beyond calculating numbers. It was Lovelace who, in the footnotes of a scientific paper she was translating, went off on a brilliant tangent speculating that a more powerful version of the Engine could be used in other ways.13 If the machine could manipulate symbols, which themselves could be assigned to different things (such as musical notes), then the Engine could be used to “think” outside of mathematics. While she didn’t believe that a computer would ever be able to create original thought, she did envision a complex system that could follow instructions and thus mimic a lot of what everyday people did. It seemed unremarkable to some at the time, but Ada had written the first complete computer program for a future, powerful machine—decades before the light bulb was invented. A

Some technological invention is made, like that of a steam engine or a printing press, for example; or some discovery of scientific method, like that of analytical geometry or the infinitesimal calculus; or [pg 020] some discovery of natural law, like that of falling bodies or the Newtonian law of gravitation. What happens? What is the effect upon the progress of knowledge and invention? The effect is stimulation. Each invention leads to new inventions and each discovery to new discoveries; invention breeds invention, science begets science, the children of knowledge produce their kind in larger and larger families; the process goes on from decade to decade, from generation to generation, and the spectacle we behold is that of advancement in scientific knowledge and technological power according to the law and rate of a rapidly increasing geometric progression or logarithmic function.

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Exploring the causes of the accident, Poincaré’s language turned analytic, advancing hypotheses and counterhypotheses, facing them one by one against the evidence.

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If we can keep our competitors focused on us while we stay focused on the customer, ultimately we’ll turn out all right.” —Jeff Bezos

We are seeing an emerging workforce of self-helpers," says Jim Fowler, CIO of GE. "Regardless of their discipline, college graduates are coming into our companies and creating models, spreadsheets, and even advanced analytical tools. They come in with the assumption that they don't need an IT organization—they can figure out how to digitize their work themselves. How do CIOs stay relevant in this world of self-helpers? They need to provide the right platforms and guardrails to these workers. They need to be seen as a catalyst and not a speed bump.

Many new data scientists tend to rush past it to get their data into a minimally acceptable state, only to discover that the data has major quality issues after they apply their (potentially computationally intensive) algorithm and get a nonsense answer as output.

For example, you could build many companies based on applying the cutting edge predictive analytics and data mining techniques commonly used at consumer web startups, quantitative hedge funds, etc., to less advanced industries.

It is superficial and misleading to claim that pragmatism came to an end with the arrival of analytic philosophy. On the contrary, after the linguistic turn, philosophers such as Wittgenstein, Quine, Sellars, and Davidson were able to refine and advance themes that were anticipated by the classical pragmatists. The most original and creative thinking of the best analytic philosophers advances the cause of pragmatism and helps to bring about the sea change that the classical pragmatists initiated.

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In a recent Harvard Business Review article we explore how companies require three mutually supportive capabilities to fully exploit data and analytics: an ability to identify and manage multiple sources of data, the capacity to build advanced analytic models, and the critical management muscle to transform the organization.

One of the most critical design and architecture decisions adopters of advanced analytics must make is whether to store analytic data in a data warehouse or in a standalone analytic database. Where does the data go? Where is it managed? Where are we going to do our analytical processes? Philip Russom, Senior Manager, TDWI Research

This book is a compilation of interesting ideas that have strongly influenced my thoughts and I want to share them in a compressed form. That ideas can change your worldview and bring inspiration and the excitement of discovering something new. The emphasis is not on the technology because it is constantly changing. It is much more difficult to change the accompanying circumstances that affect the way technological solutions are realized. The chef did not invent salt, pepper and other spices. He just chooses good ingredients and uses them skilfully, so others can enjoy his art. If I’ve been successful, the book creates a new perspective for which the selection of ingredients is important, as well as the way they are smoothly and efficiently arranged together. In the first part of the book, we follow the natural flow needed to create the stimulating environment necessary for the survival of a modern company. It begins with challenges that corporations are facing, changes they are, more or less successfully, trying to make, and the culture they are trying to establish. After that, we discuss how to be creative, as well as what to look for in the innovation process. The book continues with a chapter that talks about importance of inclusion and purpose. This idea of inclusion – across ages, genders, geographies, cultures, sexual orientation, and all the other areas in which new ways of thinking can manifest – is essential for solving new problems as well as integral in finding new solutions to old problems. Purpose motivates people for reaching their full potential. This is The second and third parts of the book describes the areas that are important to support what is expressed in the first part. A flexible organization is based on IT alignment with business strategy. As a result of acceleration in the rate of innovation and technological changes, markets evolve rapidly, products’ life cycles get shorter and innovation becomes the main source of competitive advantage. Business Process Management (BPM) goes from task-based automation, to process-based automation, so automating a number of tasks in a process, and then to functional automation across multiple processes andeven moves towards automation at the business ecosystem level. Analytics brought us information and insight; AI turns that insight into superhuman knowledge and real-time action, unleashing new business models, new ways to build, dream, and experience the world, and new geniuses to advance humanity faster than ever before. Companies and industries are transforming our everyday experiences and the services we depend upon, from self-driving cars, to healthcare, to personal assistants. It is a central tenet for the disruptive changes of the 4th Industrial Revolution; a revolution that will likely challenge our ideas about what it means to be a human and just might be more transformative than any other industrial revolution we have seen yet. Another important disruptor is the blockchain - a distributed decentralized digital ledger of transactions with the promise of liberating information and making the economy more democratic. You no longer need to trust anyone but an algorithm. It brings reliability, transparency, and security to all manner of data exchanges: financial transactions, contractual and legal agreements, changes of ownership, and certifications. A quantum computer can simulate efficiently any physical process that occurs in Nature. Potential (long-term) applications include pharmaceuticals, solar power collection, efficient power transmission, catalysts for nitrogen fixation, carbon capture, etc. Perhaps we can build quantum algorithms for improving computational tasks within artificial intelligence, including sub-fields like machine learning. Perhaps a quantum deep learning network can be trained more efficiently, e.g. using a smaller training set. This is still in conceptual research domain.

Tracking data becomes more detailed, analyses become further-reaching, and data is retained for a long time in order to build up detailed profiles of each person for marketing purposes. Now the relationship between the company and the user whose data is being collected starts looking quite different. The user is given a free service and is coaxed into engaging with it as much as possible. The tracking of the user serves not primarily that individual, but rather the needs of the advertisers who are funding the service. I think this relationship can be appropriately described with a word that has more sinister connotations: surveillance. Surveillance As a thought experiment, try replacing the word data with surveillance, and observe if common phrases still sound so good [93]. How about this: “In our surveillance-driven organization we collect real-time surveillance streams and store them in our surveillance warehouse. Our surveillance scientists use advanced analytics and surveillance processing in order to derive new insights.” This thought experiment is unusually polemic for this book, Designing Surveillance-Intensive Applications, but I think that strong words are needed to emphasize this point. In our attempts to make software “eat the world” [94], we have built the greatest mass surveillance infrastructure the world has ever seen. Rushing toward an Internet of Things, we are rapidly approaching a world in which every inhabited space contains at least one internet-connected microphone, in the form of smartphones, smart TVs, voice-controlled assistant devices, baby monitors, and even children’s toys that use cloud-based speech recognition. Many of these devices have a terrible security record [95]. Even the most totalitarian and repressive regimes could only dream of putting a microphone in every room and forcing every person to constantly carry a device capable of tracking their location and movements. Yet we apparently voluntarily, even enthusiastically, throw ourselves into this world of total surveillance. The difference is just that the data is being collected by corporations rather than government agencies [96].

When we can Google an answer or have notes to answer our question, we create an “illusion of competence.

American pragmatist philosopher Charles Sanders Peirce’s observation that no new idea in the history of the world has been proven in advance analytically, which means that if you insist on rigorous proof of the merits of an idea during its development, you will kill it if it is truly a breakthrough idea, because there will be no proof of its breakthrough characteristics in advance. If you are going to screen innovation projects, therefore, a better model is one that has you assess them on the strength of their logic—the theory of why the idea is a good one—not on the strength of the existing data. Then, as you get further into each project that passes the logic test, you need to look for ways to create data that enables you to test and adjust—or perhaps kill—the idea as you develop it.

Leaders will have to dust off their copies of Lean Startup and, especially, The Startup Way (both by Eric Ries) and learn how to establish a hypothesis, figure out what data they need to test and validate, or fail fast.

The criteria that I found most valuable when making my decisions were the following: What is the size of the investor community invested in other offerings on the platform to-date? Does the platform accept investments via credit card? For example, about 40% of my crowdfunding investors invested with a credit card. Does the platform allow for campaign extensions (if you fall short of your goal within your campaign period, can you extend the campaign until you reach your goal)? I’ve extended my campaigns multiple times. Does the platform allow for multiple disbursements? I prefer to disburse money from my campaign once a month. However, many platforms don’t allow you to disburse the funds until after the campaign is over What are the fees? Platforms can charge between 5-20% of your raise as fees, with some platforms having complicated fee structures that involve taking some of your Securities as part of the offering. Some platforms require you to pay them cash upfront before launching an offering. Does the platform allow you to set your own terms? For example, some platforms don’t allow you to sell convertible notes. Some others don’t allow you to sell non-voting common stock. Some platforms insist that they set the valuation for your startup in order to launch—the logic being that they know their investors, and they want to provide them with a “good deal.” For many reasons, you want to sell the Security that’s right for your startup. Does the platform allow you to have design freedom on the campaign page? You want to make sure that your brand is well represented. The aesthetics and optimization of the page are highly correlated with conversion (how many people invest after visiting your page). Does the platform support analytics? You need advanced analytics to market your offering. Some platforms, for example, allow you to enter a Facebook Pixel and Google Analytics code into the campaign page, while others do not. Does the platform have a good reputation? You will be driving a lot of potential investors and media folks to this platform, and you want to be sure that your platform of choice hasn’t been involved in anything shady in the past. Does the platform allow you to update your investors and prospective investors with campaign notifications? Some platforms have a built-in functionality where you can post updates right on the campaign, download email, and mailing contact lists of your investors (allowing you to contact them by email and allowing you to build Facebook “lookalike audiences”). Whereas, other platforms don’t even share the email addresses of the folks who have already invested in your startup. Does the platform support or plan to support secondary trading for the Securities that it sells on its platform? Will your investors be able to sell the Securities that they buy from you? The ability to sell Securities in a marketplace brings a lot of liquidity and increases its value significantly. In order to allow for secondary trading, the platform needs to obtain an Alternative Trading System (ATS) approval from FINRA.

Data-informed and data-driven companies have a very different philosophy at their core. Where data-informed companies place more emphasis on the simple usage of data to make more informed decisions regarding the company and how it’s run, data-driven companies instead use data at their very core and use it to form almost every decision.

For advanced analytics, a well-designed data pipeline is a prerequisite, so a large part of your focus should be on automation. This is also the most difficult work. To be successful, you need to stitch everything together.

If the consumer society no longer produces myth, this is because it is itself its own myth. The Devil, who brought Gold and Wealth (the price of which was our soul), has been supplanted by Affluence pure and simple. And the pact with the Devil has been supplanted by the contract of Affluence. Moreover, just as the most diabolical aspect of the Devil has never been his existing, but his making us believe that he exists, so Affluence does not exist, but it only has to make us believe it exists to be an effective myth. Consumption is a myth. That is to say, it is a statement of contemporary society about itself, the way our society speaks itself. And, in a sense, the only objective reality of consumption is the idea of consumption; it is this reflexive, discursive configuration, endlessly repeated in everyday speech and intellectual discourse, which has acquired the force of common sense. Our society thinks itself and speaks itself as a consumer society. As much as it consumes anything, it consumes itself as consumer society, as idea. Advertising is the triumphal paean to that idea. This is not a supplementary dimension; it is a fundamental one, for it is the dimension of myth. If we did nothing but consume (getting, devouring, digesting), consumption would not be a myth, which is to say that it would not be a full, self-fulfilling discourse of society about itself, a general system of interpretation, a mirror in which it takes supreme delight in itself, a utopia in which it is reflected in advance. In this sense, affluence and consumption – again, we mean not the consumption of material goods, products and services, but the consumed image of consumption – do, indeed, constitute our new tribal mythology – the morality of modernity. Without that anticipation and reflexive potentialization of enjoyment in the ‘collective consciousness’, consumption would merely be what it is and would not be such a force for social integration. It would merely be a richer, more lavish, more differentiated mode of subsistence than before, but it would no more have a name than ever it did before, when nothing designated as collective value, as reference myth what was merely a mode of survival (eating, drinking, housing and clothing oneself) or the sumptuary expenditure (finery, great houses, jewels) of the privileged classes. Neither eating roots nor throwing feasts was given the name ‘consuming’. Our age is the first in which current expenditure on food and ‘prestige’ expenditure have both been termed consumption by everyone concerned, there being a total consensus on the matter. The historic emergence of the myth of consumption in the twentieth century is radically different from the emergence of the technical concept in economic thinking or science, where it was employed much earlier. That terminological systematization for everyday use changes history itself: it is the sign of a new social reality. Strictly speaking, there has been consumption only since the term has ‘passed into general usage’. Though it is mystifying and analytically useless – a veritable ‘anti-concept’ indeed – it signifies, nonetheless, that an ideological restructuring of values has occurred. The fact that this society experiences itself as a consumer society must be the starting point for an objective analysis

The API gateway is the most common pattern in securing APIs in a production deployment. In other words, it’s the entry point to your API deployment. There are many open source and proprietary products out there, which implement the API gateway pattern, which we commonly identify as API gateways. An API gateway is a policy enforcement point (PEP), which centrally enforces authentication, authorization, and throttling policies. Further we can use an API gateway to centrally gather all the analytics related to APIs and publish those to an analytics product for further analysis and presentation.

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