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Wayne Eckerson

Welcome to Wayne's World, my blog that illuminates the latest thinking about how to deliver insights from business data and celebrates out-of-the-box thinkers and doers in the business intelligence (BI), performance management and data warehousing (DW) fields. Tune in here if you want to keep abreast of the latest trends, techniques, and technologies in this dynamic industry.

About the author >

Wayne has been a thought leader in the business intelligence field since the early 1990s. He has conducted numerous research studies and is a noted speaker, blogger, and consultant. He is the author of two widely read books: Performance Dashboards: Measuring, Monitoring, and Managing Your Business (2005, 2010) and The Secrets of Analytical Leaders: Insights from Information Insiders (2012).

Wayne is founder and principal consultant at Eckerson Group,a research and consulting company focused on business intelligence, analytics and big data.

What is a sexy statistician? A data scientist! That is, of course, until the statistician has to learn how to write Java and parallel code to unearth patterns and outliers in "big data" a.k.a. Hadoop. Then, the fledgling data scientist reverts back to homely statistician.

Fortunately, startups are rushing to fill the void with big data tools for statisticians that enable them to skip the coding and focus on what they do best: massage and model data. One of the recent newcomers is Oxdata whose H2O prediction engine supports the complete analytical workflow, from preparing to modeling to scoring data. Its secret ingredients are an in-memory distributed key value store (think memcache) and super-fast distributed algorithms and scoring routines, including classification, regressions, clustering, and ensemble modeling.

Moreover, H2O is open source software, so you can download the platform, console, and algorithms to your laptop free of charge. H2O requires four times the amount of memory on your machine as data you want to process, so "big data" is only as big as your memory footprint. But you can import CSV, XLS, Hive, and ARRF files, among others. Once downloaded, you run the software via a browser, an R Console or RStudio, Python, or any application via a REST/JSON API. Several large insurance companies are using H2O as well as Netflix and Trulia.

For more information: For more information, go to www.oxdata.com.

Companies with similar products: Alpine Data Labs, Predixion Software, Skytree, Revolution Analytics, Rapid Insight, SAS Visual Analytics, SAP Predictive Analytics, Oracle Predictive Analytics, IBM Predictive Analytics

Posted January 21, 2014 1:17 PM
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