IN THIS ISSUE

RECONCILING VARYING VIEWS OF PROBABILITY THROUGH DATA MINING
THE (UN)LIMITS OF DATA ANALYSIS
THE POLITICS OF A SUCCESSFUL DATA MINE

 

INTERPRETATIONS OF PROBABILITY PART II: DATA MINING AND INTERESTING PATTERNS
By Ed Colet

Executive Editor-at-Large Inderpal Bhandari presents a guest editorial by Virtual Gold's Acting Director of Research:
 

Last week in part I of this series, I outlined two apparently fundamentally different interpretations of the notion of probability. Part II discusses how these different views are reconciled in the context of data mining, where probability notions are integral components of analyses. And as we'll see, surprising patterns are easily discovered.
 

COGNOS LAUNCHES NEW E-BUSINESS INTELLIGENCE APPLICATIONS UNIT

Cognos has created a new business unit to deliver packaged applications for e-business that provide a return on corporate investment. The "e-Business Intelligence Applications Business Unit's" analytical applications are aimed at ensuring organizations derive value from their business critical data.
 

HOW MUCH CAN DATA ANALYSIS BE AUTOMATED?
By Will Dwinnell

Will Dwinnell is well-known for his work in quantitative analysis and pattern recognition. He has been a Contributing Editor for "PC AI" magazine and The Gordian Institute quarterly newsletter since 1997:
 

Increasing amounts of analytical work are being performed by computers. The question posed by this fact should be equally obvious: how much can data analysis be automated? Is it possible that all facets of data analysis can be handled by the machine without human assistance?
 

THE POLITICS OF DATA WAREHOUSING
By Jill Dyche

Jill Dyche is a partner with Baseline Consulting Group, a consulting firm specializing in customer databases. Following is a selection from her new book, e-Data: Turning Data Into Information With Data Warehousing. The book will be published by Addison Wesley in February 2000.
 

BUSINESS INTELLIGENCE ALERT MESSAGING: PREVENTING THE "IF ONLY I HAD KNOWN" SYNDROME
By Don Farber

If you are considering whether your organization could use a business intelligence alert messaging solution, ask the following question: "How many times a day/week/month does someone in your organization start a sentence with the words:"If only I had known..."
 

NEW HCIA-SACHS SERVICE HARNESSES COGNOS E-BIZ SOLUTION

It's no secret that information is the lifeblood of our health care system. In this Web-based society, effectively collecting, managing and distributing that information securely has never been more important. So, when leading health care and pharmaceutical companies went looking for a way to access information more quickly and insightfully, HCIA-Sachs delivered the goods -- using Cognos' Enterprise Business Intelligence (BI) solution.
 

INFORMIX AND SABRE EXPAND RELATIONSHIP WITH LICENSE AGREEMENT

The new agreement gives preferred provider status to Informix for one of the largest travel reservation companies in the nation.
 

OEM PARTNERSHIP UNITES INTRASPECT WITH SAS

Intraspect Software, Inc. announced that SAS Institute has developed a custom interface for its Collaborative Business Intelligence (CBI) solution. Intraspect delivers a collaborative platform for OEM partners, that can customize and integrate with enterprise applications including business intelligence, data warehousing, and customer relationship management.

Decisionism Ships Release 3.0 of Aclue Information Server
Decisionism Inc. announced the release of the latest version of its Aclue Information Server. Billed as one of the biggest expansions ever for the company, Aclue has been advanced in many areas.

ADC Launches New Metrica Analysis
ADC Telecommunications will launch, at GSM World Congress in Cannes, a new set of Metrica applications that will directly address the question of how to realize the value of information held in event data sources such as CDRs.

ANGOSS Announces Availability Of KnowledgeWebMiner
ANGOSS Software Corporation announced that KnowledgeWebMiner, an integrated data mining solution for e-business, will be made available to customers starting March 1, 2000.

Aspen Technology Forms Strategic Planning Practice
In an attempt to better itself through connection, Aspen Technology, Inc. has formed a planning practice with its supply chain division. By linking the two, Aspen hopes to apply their supply chain modeling know-how with their financial skills.

DrugEmporium.com Deploys Brio Technology
Brio Technology, Inc. announced that DrugEmporium.com, a subsidiary of Drug Emporium, Inc. an online drugstore, has implemented Brio's business intelligence suite, Brio.Enterprise 6.0.

MIL 3 Introduces IT DecisionGuru 7.0
MIL 3, Inc. unveiled IT DecisionGuru 7.0, the newest version of the company's flagship software.

Fusion to Launch Data Center
The alliance will provide hundreds of terabytes of data storage infrastructure for fusionOne's Internet synchronization and dynamic content management service.

RER Announces the Release of MetrixND Version 2.5
RER has released the latest version of its MetrixND energy forecasting software.

NCR and Gentia Partner to Provide Balanced Scorecard Solution
This global agreement enables NCR to use Gentia's market leading Balanced Scorecard application to provide a strategic management environment for its Teradata based CRM solutions.

Nestor Launches eClipse and Prism Solution
Nestor, Inc. announced its e-business strategy with the introduction of two new solutions targeting retailers and financial services companies in the online marketplace. Incorporating its neural network predictive technology to address two significant e-commerce challenges, Nestor's new offerings include eCLIPSE for enhancing online customer loyalty and PRISM eFraud for online fraud detection.

Phase Forward Announces DW Business Unit for Rx Customers
Building on the widespread success of InForm, the Company's Web-based clinical trial data collection and management solution, the business unit will deliver solutions that attempt to help customers turn large amounts of technical information from disparate sources into knowledge with which they can make critical R&D decisions.

PWI Forms DataRhythm Solutions Group
The group is charged with assisting PWI clients and other Global 2000 companies in deploying complex web-based and client/server business intelligence solutions.

"Many of those failed data warehouses everyone's been citing floundered for reasons having nothing to do with technology."

• Jill Dyche, partner, Baseline Consulting

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