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-- IN THIS ISSUE --
Analysis & Commentary
- DETECTING THE PRESENCE OF FRAUD
by Ed Colet
- Executive Editor-at-Large Inderpal Bhandari presents a guest editorial by
Virtual Gold's Acting Director of Research:
- Data mining technologies are one of the tools in the arsenal for battling
fraud detection. Using data mining software to sift through large amounts of
data, the task is to separate legitimate behaviors from fraudulent ones. In
many cases and across different domains, the same approach of detecting and
analyzing outliers has proved effective. What is more difficult is detecting
fraudulent activity that may not be apparent as in the form of outliers. In
this column, both approaches are discussed.
- THE CORPORATE INFORMATION OR KNOWLEDGE FACTORY?
by Joseph M. Firestone, Ph.D.
- Knowledge is a subset of information. But it is a subset that has been
extracted, filtered, or formatted in a very special way. More specifically,
the information we call knowledge is information that has been subjected to,
and passed tests of validation. Common sense knowledge is information that
has been validated by common sense experience. Scientific knowledge is
information (hypotheses and theories) validated by the rules and tests
applied to it by some scientific community.
- iPlanet AND SAS TO HELP ONLINE BILLERS
- Companies that deliver bills over the Internet will find it easier to
predict customer requirements and requests, sharpen marketing strategy and
improve customer care with a new solution being developed and marketed by
iPlanet E-Commerce Solutions and SAS Institute.
- WEB SITES THAT SELF-ORGANIZE
- The Vines is an example of an emerging class of what are called
self-organizing Web sites. Such sites are demonstrating that with a dab or
two of well-written code and a bit of careful planning, a site can take a
random collection of links or posts and turn them into a sophisticated,
adaptive system.
- UNICRU LAUNCHES SMART ASSESSMENT DS FOR HIRING MANAGERS
- Unicru, one of the nation's leading providers of technology-based hiring
solutions for recruiting and retention of hourly workers, announced the
launch of Smart Assessment, a decision support system that uses artificial
intelligence for hiring hourly employees.
- UniTree DB NEARLINE AT BUSINESS INTELLIGENCE EUROPE
- UniTree Software presents the first opportunity in Europe to discuss the
recently announced UniTree Database Near Line (UDNL) product, on Stand V214,
Business Intelligence Europe, CNIT, Paris, January 31st- February 1st.
- ARE VENDORS VIOLATING YOUR PRIVACY?
- An inveterate and technically savvy game player, he suspected that
personal data was being copied from his computer without his knowledge.
Using a device called a sniffer, Mr. Ellsworth examined the data traveling
over the Internet and discovered that the game's host, Verant Interactive
was collecting information about the other applications that were running on
his computer.
Action Items
Alvion Tech Selects Sybase Adaptive Server IQ Multiplex
Sybase Inc announced that Alvion Technologies has successfully implemented
Sybase Adaptive Server IQ Multiplex to provide fast, reliable and scalable
data warehousing for its Web-based services.
Andrews Named Director of SPSS MR Dimensions Solution
Adding to its market research solutions expertise SPSS Inc named Peter
Andrews director of Dimensions business strategies for SPSS MR, the
company's operating group devoted to serving the market research industry.
BMG Direct Selects ASA's ModelMAX Plus
ASA (Advanced Software Applications), a leading supplier of data analysis
and data mining solutions, announced that BMG Direct has selected ModelMAX
Plus to expand their in-house analytical capabilities.
Baxtsoft Company Announces Net Prospector 2000
Net Prospector 2000, is the first comprehensive software that will find
sales leads on a global basis and manage the process of sending email and
exchanging data with other popular programs.
Liz Claiborne Selects Spotlight Markdown Optimizer
The Spotlight Markdown Optimizer applies mathematical algorithms to sales,
inventory and other operating data to optimize, manage and suggest
markdowns. The Markdown Optimizer determines the optimal timing, depth, and
location of markdowns enabling dramatic increases in gross margins.
ETI Introduces New Software for DB2 Databases
Evolutionary Technologies International Inc introduced the Data System
Library (DSL) for C/DB2. A new addition to the ETI-EXTRACT Tool Suite, the
DSL for C/DB2 offers users the ability to utilize the C programming language
to natively access data stored in DB2 databases.
Fetch Tech Announces Contract with BizRate.com
Fetch Technologies, which has developed the world's most powerful and
precise technologies for Internet data aggregation, announced a three-year
contract to provide an online computer product catalog for BizRate.com, the
leading comparison-shopping marketplace on the Web.
HNC Delivers Fraud Detection for Stored Value Cards
The service delivers fraud protection from both Falcon, a leading payment
card fraud detection system, and eFalcon, a leading real-time payment fraud
detection service. WildCard Systems, a provider of high-quality e-payment
solutions, is the first stored value card provider to use the service.
Informatica Introduces Velocity Methodology 2.0
Informatica Corporation, a leading provider of eBusiness analytic
software, introduced Informatica Velocity Methodology v2.0, the newest
release of the company's powerful methodology for rapidly designing,
deploying and managing analytic solutions.
Leading Digital Economy Authorities Join Kamoon Board
Kamoon Inc, the infrastructure software company that powers the expert
services component of business on the Web, announced strategic appointments
to its Board of Directors.
SAS and Latitude360 Announce Partnership
SAS Institute and Latitude360, a division of RWD Technologies, an industry
visionary in delivering integrated Internet-enabled business and learning
solutions, announced a partnership to enable users to transform raw data
into powerful insights.
NuSphere Granted Exclusive Training Rights for MySQL
NuSphere Corporation, provider of NuSphere MySQL, a leading packaged
software product for the open source database marketplace, announced that
Polycon, the developers of the official MySQL training materials, has
granted the company exclusive training rights within the Western Hemisphere.
Best Practice Database Enables Pharmaceutical Companies
The Best Practice Database reveals the leading practices and insights for
achieving data warehousing excellence. Distilled from interviews with 13
pharmaceutical companies, database documents showcase the design,
implementation and continuous improvement of superior data warehousing
systems.
Seagate Software Unveils Crystal Analysis Pro
Crystal Analysis Professional provides an organization's diverse users
with a Web-based, interactive environment to exploit the functionality of
multidimensional data sources such as Hyperion Essbase, IBM DB2, Microsoft
SQL Server 2000, SAP BW and analytical application servers such as Seagate
Holos.
Staples Selects MarketMAX Merchandise Planning Solution
Staples Inc, the retailer that pioneered the office products superstore
concept and a thought leader in multi-channel retailing, has purchased the
MarketMAX Integrated Merchandise Planning Solution as the cornerstone for a
corporate-wide merchandise planning initiative.
Syncsort to Participate in New Network Storage Seminars
Syncsort Incorporated will participate in a new seminar series conducted
by Network Storage University starting this month. Syncsort, a leading
provider of high performance software for data backup, recovery and
warehousing, is working jointly with industry partners Quantum|ATL and
Network Appliance to present the seminars.
TeamQuest Enhances Capacity Planning Tool
TeamQuest Corporation, a provider of performance management and capacity
planning solutions for enterprise systems, now offers new capabilities for
simplifying what-if analysis and prediction in its latest release of
TeamQuest Model.
WebTrends Selected for Microsoft Data Warehousing Alliance
WebTrends Corporation, a leading provider of Enterprise Solutions for
eBusiness Intelligence and Visitor Relationship Management (VRM), announced
that it has joined the Microsoft Data Warehousing Alliance.
"Analytics has become a mission-critical function at companies
across the globe, with no room for failure or second chances."
- Tim Dilley, senior vice president of professional services at Informatica
Where cutting-edge technology and business meet ... Noteworthy and informative events, exhibitions, instruction, and meetings.
DSstar Information
DSstar welcomes bylined comments for publication.
All comments regarding editorial content should be sent to: dseditor@dsstar.com.
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