Profile of Seth Grimes
News & Commentary Posts: 213
Seth Grimes is an analytics strategy consultant with Alta Plana and organizes the Sentiment Analysis Symposium. Follow him on Twitter at @sethgrimes
Articles by Seth Grimes
posted in May 2008
Richard Stallman announced the GNU Project in September 1983. Eric S. Raymond published the first version of The Cathedral and the Bazaar in 2000. IDC estimated a year ago that worldwide revenue from standalone open source software reached $1.8 billion in 2006, projecting a compound annual growth rate (CAGR) of 26% from 2006 to 2011. That's revenue, not the presumably much higher avoided cost of closed source alternatives. So why are open-source fundamentals still so widely misunderstood, inc
IBM recently posted a quite nice page on extracting business value from "unstructured" data. The premise is that because much valuable business information originates in "unstructured" form, you need to look at text analytics as a technology that can unlock value. And naturally, if you already have a BI program and a data warehouse, you'll want to explore integrating text-sourced information into your existing data-analysis infrastructure.
The New York Times publishes exceptional visualizations. A couple
this week stand out: "All of Inflation's Little Parts," graphing the average American's spending by category, and a map of the human "diseasome" that supports the article, "Redefining Disease, Genes and All." What distinguishes these visualizations is their success at communicating relationships along multiple data dimensions.
Growing interest in analytics and the trend toward automated decision making will lead the business intelligence crowd toward the mix of mathematical and statistical techniques used by operations researchers.