Data mining, data warehousing, decision support and knowledge discovery make up the universe of DSstar, the only executive business newsletter supporting strategic employment of these technologies.
The On-Line Executive Journal for Data-Intensive Decision Support
*** Sep 14, 1999: Vol. 3, No. 37 ***
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IN THIS ISSUE:
CAN DATA MINING PREVENT ANOTHER COLUMBINE?
VISA AND CYBERSOURCE FOCUS ON INTERNET FRAUD
NEW ATTENTION ON VERTICAL DATA WAREHOUSING TOOLS
ANALYSIS & COMMENTARY
DATA MINING AND TEENAGE WEB SURFING
By Ed Colet
Executive Editor-at-Large Inderpal Bhandari presents a guest editorial by Virtual Gold's Acting Director of Research:
It's always interesting to discover surprising patterns - whether through data mining or traditional research studies. In this week's column I report on some surprising patterns about the web surfing habits of teenagers, and suggest that data mining can be helpful for understanding these usage patterns, as well as to establish responsible guidelines and controls.
VISA U.S.A. AND CYBERSOURCE JOIN FORCES TO REDUCE INTERNET
FRAUD
The two companies will collaborate to expand the capabilities of the existing CyberSource Internet Fraud Screen, leveraging Visa's fraud modeling expertise and CyberSource's Internet fraud reduction experience and historical transaction database.
VERTICAL DATA WAREHOUSING TOOLS IN FOCUS
Data integration software developers such as Carleton Corp. and Acta Technology Inc. are developing products that minimize the need for customization by providing software specific to a customer's business needs.
NEW TOOL ANALYZES CUSTOMER DATA FASTER
A start-up company is claiming it has new technology that can quickly analyze customer behavior from a variety of sources, from clicks on a Web site to purchases at the store down the block.
A panel of industry experts and analysts that included Marianne Cotter, KM Magazine; Ralph Gammon, Document Imaging Report; Ed Hess, Corry Publishing; Sandy Sampson, InfoSpin; and Rick Whiting, InformationWeek selected winners and finalists in four categories of knowledge management: collaboration and groupware, content and document management, publish and search, and workflow and tracking.
ACTION ITEMS
SAP Customers Eastman Kodak And Halliburton Among 750
Customers Worldwide To Implement The SAP Business
Information Warehouse Solution
The company also announced its new Release 2.0 of SAP BW. The new release
makes information analysis and Web reporting easier and faster through
role-based analysis models, a personalized deployment approach, and design
improvements.
Sand Technology Systems: Nucleus Set To Revolutionise Data
Analysis
Sand Technology Systems International Inc., has launched Nucleus, an award
winning set of data warehousing tools which promises to revolutionise data
warehousing for the telecommunications community.
Taurus & InfoMiners.com Forge Strategic Partnership; New
Data Warehouse Solution To Benefit Clients
Taurus Software, a distinguished leader in cross-platform, cross-database
operations, announced a strategic partnership recently with InfoMiners.com,
a leading-edge provider of data warehouse and decision support systems for
healthcare.
Cognos Introduces First End-To-End Platform For True
Enterprise Business Intelligence Solutions
The Cognos end-to-end platform includes enterprise infrastructure layers
that cover data mart building, integrated meta data modeling, integrated
security, as well as content management and distribution through a rich BI
portal environment.
Business Intelligence Award Given To SPSS And American
Century Investments
The award was granted based on American Century's implementation of a
closed-loop decision support system designed with SPSS products. ACI secured
a competitive edge by using SPSS and Clementine software to transform
customer insight into actionable decision-making information.
SAS Institute Inc. And Ernst & Young LLP Power Enterprise
CRM Solutions
By using SAS software as a part of its CRM solution, Ernst & Young will be
able to successfully deliver robust data management and data mining
capabilities, which bring the highest level of precision in strategic
customer segmentation, valuation and other CRM activities.
Ardent Software Convenes Panel Of Industry Leaders To
Discuss The Future Of Data Warehousing And The Internet
Ardent will host industry luminaries, including Richard Rist of The Data
Warehousing Institute (TDWI), Gene Phifer of GartnerGroup, Katherine Bull of
InfoWorld, Claudia Imhoff of Intelligent Solutions, Inc., and Jack Garzella
of MatchLogic Inc., a subsidiary of Excite@Home, to analyze the changing
landscape of data warehousing as it evolves from a platform for business
intelligence tools and analytic applications into a dynamic, enterprise-wide
platform for e-business.
BioComp Systems Announces New Release Of Successful Stock
Market Timing Software
Profit predicts market moves using equity performance tuned committees of
genetically optimized neural network "experts" that vote on whether the
price of a security will soon rise or fall.
"The more we can provide a packaged solution with all the complex integration done for you, the faster users can achieve ROI return on investment and the benefits of a customer focus."
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