Tuesday, June 19, 2018
U.S. employers’ labor cost sustained its five year high into the third quarter of 2014. Economist believe this is being driven by a tightening labor market, which often results in company pressure to raise wages and salaries. According to the...
The U.S. is on the brink of witnessing some of the largest economic losses in net wealth since the Great Depression. The US Wealth To Income index (reported in Credit Suisse Global Wealth Report 2014) has exceed its mean...
This is very early, but nevertheless interesting and is based on the initial insights from the "Film Industry Executives Golden Rule – Total Gross is 3x Opening Box Office Receipts" post. As discussed, identifying outliers could be an important...
The film entertainment industry believes that the total gross theater earnings from a film can be determined by looking at the opening gross box office receipts. Industry executives use the rule of thumb that for every dollar earned on...
Across all industries, companies are looking to Data Science for ways to grow revenue, improve margins, and increase market share. In doing so, many are at a tipping point for where and how to realize these value improvement objectives. Those...
The Catastrophe Modeling ecosystem, used in insurance and reinsurance, is a good example of the types of traditional computational platforms that are undergoing an assault from the exponential changes seen in data. Not only are commercially available simulation and...
Here are five interesting uses of big data that are happening every day: 1. Google now studies the timing and location of search-engine queries to predict flu outbreaks and unemployment trends before official government statistics come out. Interesting. 2. Credit card...