Hierarchical cluster analysis or HCA is a widely used method of data analysis, which seeks to identify clusters often without prior information about data structure or number of clusters. Strategies for hierarchical clustering generally fall into two types: Agglomerative and divisive. Agglomerative is a bottom up approach where each observation starts in its own cluster,… Read More →
Little can rival the ascendancy of Artificial Intelligence’s (AI) profile from a niche concern to technology’s hottest theme, transcending the pages of the technical press to sit at the heart of mainstream culture.
When a new technology comes along it goes through a fairly predictable process of evolution, starting with a long period where nothing much happens as the market gets to learn what it’s all about. That’s followed by an equally fallow period of early adoption then, if all goes to plan,… Read More →
With all of the technology available today, it would seem that data-driven government would be the norm rather than the exception. However, it doesn’t appear that local governments are taking advantage of massive amounts of data they collect to operate as efficiently and as effectively as possible–at least not in Massachusetts, according… Read More →
Silos, not the tall towers used for grain storage, but the pesky divisions and hierarchies that are rampant across many organizations and largely resistant to destruction.
Every large-scale technological breakthrough is often accompanied by a data delivery breakthrough. This has been true in the past and we are living through another shift. Lets take a quick stroll through history to understand this evolution, to where we are today, and what the future holds.
Until recently, data analytics and data visualization tools have commonly been used by cities and government agencies to address societal challenges such as congestion, crime, and municipal services. But increasingly, government officials are applying these tools to help fight poverty and other forms of social inequality. For instance, at the… Read More →
Increasingly, banks are looking to analyze and act on the large quantities of valuable customer information they collect in order to deliver the right products and services to existing clients as well as high-value prospects. Additionally, as banking customers take advantage of faster, more agile digital banking services, retail bankers are… Read More →
The use of cloud-based analytics is gaining widespread adoption, according to Ventana Research. In a recent survey, almost half (48%) of the 214 companies surveyed are using cloud-based analytics while 19 percent plan to begin using it within 12 months, and 39 percent of organizations plan to move to cloud-based analytics… Read More →
R. Lacy is an independent oil and gas exploration and production company with core operations in east Texas. Since its founding in 1946, and continuing today, the R. Lacy brand stands for efficient, low-cost operations. Even with the recent and significant decline in oil and gas prices—and the strain that… Read More →