Benford’s Law, Part 2
In a prior blog post we showed Benford's Law in action at Lowe's. There we indicated that a popular use of Benford's Law is to flag potentially suspect expense reports for a closer look. So we decided to try it…
In a prior blog post we showed Benford's Law in action at Lowe's. There we indicated that a popular use of Benford's Law is to flag potentially suspect expense reports for a closer look. So we decided to try it…
First Analytics will join up with our client, the Kellogg Company, in conducting a presentation followed by question and answer panel at the IndustryWeek Manufacturing and Technology Conference & Expo. The presentation falls within the Manufacturing Technology Strategies track, which…
If you have a smart factory initiative you likely use sensor data from a historian system like PI from OSISoft. Using that data in a predictive sense can help improve OEE (overall equipment effectiveness: availability; performance; quality). The classic examples…
For the fourth year in a row, First Analytics will sponsor SAS Global Forum. Please visit us at booth 14 in the Quad. We'd love to talk to you about how you can better utilize SAS in your organization. We support various solutions…
File this under the "Fun" category (or perhaps "sarcasm"). If you are not familiar with the Buzzword Bingo game, you can read about it here. The next time you sit through a vendor's pitch, or a speech from senior management, print…
First Analytics has become a member of the National Safety Council (NSC), a nonprofit organization with the mission to save lives by preventing injuries and deaths at work, in homes and communities, and on the road through leadership, research,…
Nearly all applications related to sensor and machine data aim to improve operational efficiency. For example in manufacturing plants, understanding what contributes to unscheduled downtime, and thus productivity, is a prevalent use case. Factors impacting quality and reducing scrap product…
Late last year we moved just down the street to a new, larger headquarters with updated offices, furnishings, and work spaces, including areas for the team to whiteboard our ideas. Our location on the Centennial Campus research park at North…
'Tis the season of the mileage run. Some frequent fliers find themselves just short of qualifying for a particular elite status tier in an airline loyalty program for next year. In order to secure status, some will book cost-effective flights…
For analytics professionals there was a time where model building decisions were nearly entirely related to methodology and algorithm selection. These decisions also informed the choice of software to use. Today, the availability of algorithms and software has exploded, making…