With supply chain issues topping recent news, the railroad industry is under scrutiny for how well they operate their networks. As a follow-up to our previous post about railroad industry operating ratio, we here consider how analytics and machine learning…
After a two-year hiatis we are pleased to announce that our Summer R&D Progam has returned. We are invitiing participation in this program. Do you have a research topic to explort or "skunkworks" progject in mind? Don’t have the time…
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…
First Analytics CEO Michael Thompson recently participated in a webinar hosted by Steve Barnett, of Symphony Industrial AI, a First Analytics partner. We invite you to view the recording, where you will learn the key considerations in moving from a…
It may be said that predictive maintenance is the poster child for the "analytics of things." Preventing down time and reducing maintenance costs has been a successful use of data science for a long time. But sometimes there is…
Over four years ago we commented on "bewildering technology landscapes". Matt Turck from Firstmark Capital has produced these landscape charts for a number of years. And these can be "eye charts" in the sense that, visually, it's a myriad of logos packed…
This post is a companion to our previous post, Beyond Data Science: Industrial Engineering. The notion in that article was that there is more to analytics than just data science, the specific case being industrial engineering. For a long time…
Much attention has been heaped upon the data science profession for about a decade now, including by our own chairman, Tom Davenport, who called it "the sexiest job of the 21st Century". Well-known hierarchies of types of analytics generally show…