ASA Fall 2014 Seminar: Business Analytics: Statistics and Big Data
Friday, October 24, 2014 from 8:30 AM to 1:00 PM (EDT)
Business Analytics: Statistics and Big Data
Randy Bartlett, Ph.D.
ASA Philadelphia Chapter Fall 2014 Seminar
October 24th 2014, 8:30am – 1:00pm
Holiday Inn, Fort Washington
Please note there will be coffee and tea served in the morning.
Welcome to the Business Analytics (BA) Revolution. We live in an age of fast-paced decision-making, assorted market disruptions, and information and misinformation overload. Torrents of data relentlessly rush in, generated by a digital revolution, which is characterized by hyper-connectivity and real-time decision-making. This is the golden age of two value propositions: data management and data analysis.
Big Data and Data science are inevitable rebrandings of these IT and statistics/quant value propositions to attract new consumers. Unfortunately, this rebranding facilitates new myths and exacerbates the old misconceptions. For data analysis, there is no paradigm shift and no new alternatives to statistics.
We will discuss how we, as applied statisticians/quants, should communicate our value proposition. We will validate that, while the veneer has changed, the content remains the same—statistics is still center stage in the realm of data analysis. Finally, we will put data science in perspective and validate that analyzing Big Data means more statistics, not less.
Randy Bartlett, Ph.D. is among the rising authorities on Business Analytics. He is currently a Business Analytics Leader at Blue Sigma Analytics. He has 20+ years of experience in delivering BA, several years of leading analytics teams, and nine years of training: Ph.D. & M.S. Department of Statistics, Texas A&M University; B.S. Computer Science & Statistics, Iowa State University. He holds two certifications: CAP® (INFORMS) & PSTAT® (ASA).
Randy’s first-hand experience has been derived from working at Applied Research Associates (ARA), AHQR (Agency for Healthcare Quality and Research), AstraZeneca, Bell South, BMS, Fannie Mae, Infosys, Inspire/Merck, JDA Software, NHA (National Highway Administration), PricewaterhouseCoopers, The Associates/Citigroup, United Healthcare, Wells Fargo, etc. He has worked both sides of the desk: consulting and hiring consultants; and he has a great deal of experience reviewing projects and statistical analyses. Randy has provided a number of novel statistical solutions in business and holds two patents for predictive modeling.
Randy designed A Practitioner’s Guide to Business Analytics to be the foremost reference on how corporations can better implement business analytics and in this era of Big Data. He previously contributed to the Encyclopedia for Research Design and writes blogs, case studies, and articles.
When & Where
Philadelphia Chapter of the American Statistical Association
Local Statistics Profession chapter of the American Statistical Association.