The title of this post is a quote credited to Winston Churchill, although the attribution is questionable. It conveys the notion that dramatic events generate new insights and create opportunities for growth. Put another way, "look for the silver lining."…
A friend of First Analytics, aware of our safety work in the railroad industry, asked, "so what do you think of all the train derailments?" He had seen reports of three derailments just within the last few days. With the…
You won't want to miss a compelling demonstration of a predictive safety application, to be presented at the upcoming Utility Analytics Week in San Diego on October 19th. SoCalGas will present a coaching tool, based on machine learning, to support…
We will be presenting at the 2022 Community of Human and Organizational Learning 28th Annual Conference. Our session is entitled, “Predictive Analytics for Safety.” The conference will be held June 14-16, 2022 at Cheyenne Mountain Resort in Colorado Springs, CO.…
After three decades of steady decreases, the rate of highway/rail accidents bottomed out in 2012. But it has been trending upward ever since. The graph shows that in 2012 the incident rate reached its all-time low of 2.72 incidents per…
Join us for a webinar sponsored by the Community of Human and Organizational Learning. The topic is Add Predictive Analytics to Your Safety Management System. It will occur on Thursday, February 24, 2022, from 10:30 ET to 12:00ET. Here is…
There has never been a more challenging time for the trucking industry. From driver retention and recruiting, to safety, maintenance, and fuel savings, leading companies are now beginning to use a data analytics approach to improve their operations and financial…
We previously wrote about Goodhart's law and how it poses a challenge to analytics over a period of time in the sense that "when a measure becomes a target, it ceases to be a good measure." But that is not…
We will be presenting at the 2021 UTA Oil & Gas Safety and Health Conference. Our session is entitled, “Add Predictive Analytics to Your Safety Management System.” The conference is a hybrid in-person and virtual event. It will be held…
Data scientists at First Analytics were among many in the profession who were pressed into service to address the pandemic. Our chairman, Tom Davenport, recently published several stories showing how various companies grappled with the radical change in their business.…