Friday, November 25, 2011

It's time to do more statistical analysis with less

Oracle R is an open source statistical analysis tool that is open source and runs off of Oracle DBs, You do need to have Oracle 11g.

Statistical analysis is something that all places need to do more of, and having something free to use can be a great boon. It's an easy sell, hey, we need to install this for free, and then see if it will help us manage our business better.

An example, a company that makes a great product but cannot ship product because it is so backlogged is not managing inventory correctly. They will lose customers because they haven't planned out their demand properly.

Great uses for Statistical analysis:
--Investigate and Minimize Fraud
--Inventory planning based on prior trends
--Sales and Cash flow planning

Learn about Oracle "R" Enterprise via a Techcast on Nov 30, 2011, noon EST by Mark Hornick.

Tuesday, March 15, 2011

IOUG Conference this year

I'm speaking again, for the third time this year at IOUG conference in Orlando. I'm speaking on Thursday morning. This time I'm speaking on Forecasting with business and technology tips, focusing on using Essbase to create Forecasts.