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	<title>Industry &#38; Business &#187; Industry</title>
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		<title>What is E Commerce Fulfillment?</title>
		<link>http://www.anarcotico.net/2011/02/09/what-is-e-commerce-fulfillment/</link>
		<comments>http://www.anarcotico.net/2011/02/09/what-is-e-commerce-fulfillment/#comments</comments>
		<pubDate>Wed, 09 Feb 2011 09:38:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Industry]]></category>

		<guid isPermaLink="false">http://www.anarcotico.net/?p=1178</guid>
		<description><![CDATA[The exact process of E commerce fulfillment is very simple to understand but it does require a little hard work. Once you have got an order, you have to ensure that the order has to get out to the customer. This requires a lot of coordination and hard work from the website and the shipping [...]]]></description>
			<content:encoded><![CDATA[<p>The exact process of <a href="http://www.meyerfulfillment.com/">E commerce fulfillment</a> is very simple to understand but it does require a little hard work. Once you have got an order, you have to ensure that the order has to get out to the customer. This requires a lot of coordination and hard work from the website and the shipping company. But outsourcing the process to an ecommerce fulfillment company can help you deal with the process and make it as simple as possible. Here is how it works:</p>
<p>1.	Once you have taken an order at your website, you will have to forward it to the warehousing company.<br />
2.	The company will then track the order, find out the sticks in the company and the order facilities are as streamlined as possible. This process will work if you are a large company with a lot of goods and a warehouse that will track your goods for you. But for small business it’s a good idea to find software that will do the process for you.</p>
<p>With good e commerce fulfillment software, you can track your goods, find out how much you have, and then ship them to the required address when required. The software may be expensive but it will help you streamline the process as much as possible.</p>
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		<title>Creating of Internet Marketing Texts with SEOP.com</title>
		<link>http://www.anarcotico.net/2010/07/07/creating-of-internet-marketing-texts-with-seop-com/</link>
		<comments>http://www.anarcotico.net/2010/07/07/creating-of-internet-marketing-texts-with-seop-com/#comments</comments>
		<pubDate>Wed, 07 Jul 2010 06:12:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Industry]]></category>

		<guid isPermaLink="false">http://www.anarcotico.net/2010/07/07/creating-of-internet-marketing-texts-with-seop-com/</guid>
		<description><![CDATA[Search engines are the most effective layout area for web advertisement. There are two main reasons for that:
   1. Search engines are the only kind of sites that users visit with a desire to find something to move on as soon as possible.
   2. As far as search engines know what [...]]]></description>
			<content:encoded><![CDATA[<p>Search engines are the most effective layout area for web advertisement. There are two main reasons for that:</p>
<p>   1. Search engines are the only kind of sites that users visit with a desire to find something to move on as soon as possible.<br />
   2. As far as search engines know what users are looking for, they can target advertisements to the current task of searching for a user. The appearance of ads that a user needs at this very moment is much more effective than targeted advertising, formed on the basis of personal data of consumers. <span id="more-1152"></span>Such advertising can be created for you by many internet marketing companies, such as <a href="http://wink.com/p/SEOP-Inc.">SEOP.com</a>.</p>
<p>Such advertising is especially good in Google search engine. As far as it uses text-only ad units, users are more likely to pay attention to them than to graphic banners that they can mechanically ignore. Moreover, it may resonate with consumers disposed to reading advertisements, because of small volume of their text ads that are clearly formulated in Google. </p>
<p>The author of this article has recently prepared the advertising for a couple of his projects, and the statistics results of the response banners gave an interesting food for thought on the principles of advertisement formation. The effectiveness was increased from 55 to 310 percent with the help of a few simple changes.</p>
<p>Advertising response is not all. We must also consider the number of visitors turned into clients. Some types of advertising can get a large number of clicks from users, who are not intending to pay for your product. In any case, you should try a considerable number of different advertising texts and various keywords, and just to distinguish the most effective of them. The only thing you should know is that only a professional can make your advertisement really effective.</p>
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		<title>Creative Business: Landscape Design</title>
		<link>http://www.anarcotico.net/2010/04/23/creative-business-landscape-design/</link>
		<comments>http://www.anarcotico.net/2010/04/23/creative-business-landscape-design/#comments</comments>
		<pubDate>Fri, 23 Apr 2010 15:36:18 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Industry]]></category>

		<guid isPermaLink="false">http://www.anarcotico.net/?p=1121</guid>
		<description><![CDATA[Landscape design is considered to be an area of creative activity that aims at the formation of the human environment with mostly natural elements: land surface (topography and soil), water and vegetation units.
Every garden benefits from careful planning, design and use of decorative details. Landscape design is the art that requires professional skills in this [...]]]></description>
			<content:encoded><![CDATA[<p>Landscape design is considered to be an area of creative activity that aims at the formation of the human environment with mostly natural elements: land surface (topography and soil), water and vegetation units.</p>
<p>Every garden benefits from careful planning, design and use of decorative details. Landscape design is the art that requires professional skills in this field. One of the major challenges of landscape design is the ability of a designer to see the dynamics of the garden appearance after five, ten or more years, when trees and shrubs will change the size and shape of their crowns. Many companies, such as <a href="http://www.californiawaterscapes.com/">orange county waterscapes</a>, propose the services of those skillful designers. It is no accident that before planting at least one tree in the garden, people create a garden in their imagination. Landscape designers are people with artistic inclinations and aptitudes that own tricks and characteristics of landscape design. They use the rules of composition and means of space organizing in the open air and also have biological knowledge and love to nature and all living beings. <span id="more-1121"></span></p>
<p>Before you start changing your estate, you should meet with a landscape designer. It is preferred that an expert comes directly to your place. At the place designer is able to see the architecture of the house, the environment, the degree of area illumination and protection from the wind. Surely your place can be really estimated only if a designer is directly there. You can see the catalogue of small architectural forms; look at the photos of plants and see how the future project will look like.</p>
<p>The first step is so-called preliminary phase of design work. A designer will listen to all your wishes and make all necessary surveys and measurements of the site. Two variants of your future garden will be developed in a week.</p>
<p>The entire project will be created according to a chosen variant. You can make your suggestions, changes and additions that will be taken into consideration by a landscape designer in the developing of final master plan.</p>
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		<title>Brookson Investments</title>
		<link>http://www.anarcotico.net/2010/03/29/brookson-investments/</link>
		<comments>http://www.anarcotico.net/2010/03/29/brookson-investments/#comments</comments>
		<pubDate>Mon, 29 Mar 2010 10:10:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Industry]]></category>

		<guid isPermaLink="false">http://www.anarcotico.net/2010/03/29/brookson-investments/</guid>
		<description><![CDATA[The accountancy support services provider and Umbrella Company has recently introduced 2010 versions of Microsoft exchange and Microsoft SharePoint. The introduction of Exchange will provide more integrated communication and improved efficiencies regarding emails around the business, while SharePoint provides a far more dexterous document management capability, consolidating the way Brookson store documents, information and consequently [...]]]></description>
			<content:encoded><![CDATA[<p>The accountancy support services provider and Umbrella Company has recently introduced 2010 versions of Microsoft exchange and Microsoft SharePoint. The introduction of Exchange will provide more integrated communication and improved efficiencies regarding emails around the business, while SharePoint provides a far more dexterous document management capability, consolidating the way Brookson store documents, information and consequently how they manage data.</p>
<p>The project also sees the virtualisation of more than 24 physical servers onto 6 virtual hosts. This provides a number of benefits such as less power consumption due to reduced need for cooling the servers, faster deployment of applications business wide, easier maintenance and increased reliability. <span id="more-997"></span></p>
<p>These changes are intended to improve the efficiency of the services provided by Brookson to its 9000 customers working through a Limited company, as a sole trader or as employees of Brookson&#8217;s umbrella company.</p>
<p>Lee Kingshott, Information Systems Director at Brookson, commented, &#8220;New technology is something Brookson continue to invest in. With our current aspirations to revolutionise the accountancy market, improving our in house technology is critical to improving our customer experience and these recent changes are another big step in further enhancing our services.&#8221;</p>
<p>Paul Sweeney, Managing Director at ANS Group added, &#8220;ANS Group aim to provide cutting edge technology solutions to our customers and it&#8217;s great to work with forward thinking organisations such as Brookson. Our solutions are focused on improving business efficiency and enhancing the end user&#8217;s productivity and collaboration experience.&#8221;</p>
<p>Brookson is investing in a robust and efficient technology infrastructure in order to drive the online innovation that is currently being experienced by its customers. This investment is necessary if Brookson is to achieve its strategy of significantly increasing its market share of the self employed accountancy market.</p>
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		<title>Industial Automation and Its Use</title>
		<link>http://www.anarcotico.net/2010/03/29/industial-automation-and-its-use/</link>
		<comments>http://www.anarcotico.net/2010/03/29/industial-automation-and-its-use/#comments</comments>
		<pubDate>Mon, 29 Mar 2010 09:58:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Industry]]></category>

		<guid isPermaLink="false">http://www.anarcotico.net/?p=995</guid>
		<description><![CDATA[Automation or Industrial Automation  is the use of computers to control industrial machinery and processes, replacing human operators. It is a step beyond mechanization, where human operators are provided with machinery to help them in their jobs. The most visible part of automation can be said to be industrial robotics. Some advantages are repeatability, tighter [...]]]></description>
			<content:encoded><![CDATA[<p>Automation or Industrial Automation  is the use of computers to control industrial machinery and processes, replacing human operators. It is a step beyond mechanization, where human operators are provided with machinery to help them in their jobs. The most visible part of automation can be said to be industrial robotics. Some advantages are repeatability, tighter quality control, waste reduction, integration with business systems, increased productivity and reduction of labour. Some disadvantages are high initial costs and increased dependence on maintenance.</p>
<p>By the middle of the 20th century, automation had existed for many years on a small scale, using mechanical devices to automate the production of simply shaped items. However the concept only became truly practical with the addition of the computer, whose flexibility allowed it to drive almost any sort of task. Computers with the required combination of power, price, and size first started to appear in the 1960s, and since then have taken over the vast majority of assembly line tasks (some food production/inspection being a notable exception).</p>
<p>In most cases specialised hardened computers referred to as PLCs (Programmable Logic Controllers) are used to synchronize the flow of inputs from sensors and events with the flow of outputs to actuators and events. This leads to precisely controlled actions that permit a tight control of the process or machine. <span id="more-995"></span></p>
<p>Human-Machine Interfaces (HMI) are usually employed to communicate to PLCs. e.g.: To enter and monitor temperatures or pressures to be maintained.</p>
<p>Another form of automation that involves computers is called test automation, where computers are programmed to mimic what human testers do when manually testing software applications. This is accomplished by using test automation tools to produce special scripts (written as computer programs) that tell the computer exactly what to do in order to run the same manual tests.</p>
<p><strong>Social issues of automation</strong></p>
<p>Automation raises several important social issues. Among them is automation&#8217;s impact on employment/unemployment.</p>
<p>Some argue automation leads to fuller employment. One author made that case here: When automation was first introduced, it caused widespread fear. It was thought that the displacement of human workers by computerized systems would lead to unemployment (this also happened with mechanization, centuries earlier). In fact the opposite was true, the freeing up of the labor force allowed more people to enter information jobs, which are typically higher paying. One odd side effect of this shift is that &#8220;unskilled labor&#8221; now pays very well in most industrialized nations, because fewer people are available to fill such jobs leading to supply and demand issues.</p>
<p>Some argue the reverse, at least in the long term. First, automation has only just begun and short-term conditions might partially obscure its long-term impact. For instance many manufacturing jobs left the United States during the early 1990s, but a massive upscaling of IT jobs at the same time offset this as a whole.</p>
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		<title>Real Estate Statistics Understanding</title>
		<link>http://www.anarcotico.net/2010/03/29/real-estate-statistics-understanding/</link>
		<comments>http://www.anarcotico.net/2010/03/29/real-estate-statistics-understanding/#comments</comments>
		<pubDate>Mon, 29 Mar 2010 09:48:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Industry]]></category>

		<guid isPermaLink="false">http://www.anarcotico.net/?p=993</guid>
		<description><![CDATA[Nearly everyone has heard or read a story lately regarding the climate of the real estate market. It is important to remember that real estate is locally driven, sometimes differentiated all the way down to a specific or unique neighborhood. Statistics used to describe the state of the national real estate market do not bear [...]]]></description>
			<content:encoded><![CDATA[<p>Nearly everyone has heard or read a story lately regarding the climate of the real estate market. It is important to remember that real estate is locally driven, sometimes differentiated all the way down to a specific or unique neighborhood. Statistics used to describe the state of the national real estate market do not bear the same weight or the same meaning on many local markets.</p>
<p>The best source for statistics about current home prices and trends in any region is the local Multiple Listing Service, or MLS. A Multiple Listing Service is a cooperative of real estate brokerage firms. The MLS maintains a robust database containing a consolidation of property listings submitted by member brokerages over many years. It is available to all member brokers and their agents and provides a fast, effective way to list, view and market properties and conduct market analysis, benefiting both the buying and selling public as a whole.</p>
<p>Market statistics provided by the MLS are explained through the use of terminology, such as median, mean, and percentage change. Here is a look at some simple and easy to understand definitions of these terms. A median, the most frequently used and cited statistical measure in real estate, is simply the middle value of a set of numbers. In other words, it is the exact point at which half of the values are higher and half are lower. With home prices, the median is the exact sales price where 50 percent of the homes sold for less than the reference price and 50 percent sold for more. A median is especially relevant when discussing home prices, because it is not influenced by extremely high or extremely low prices. <span id="more-993"></span></p>
<p>Another popular term is mean. The mean, or average, is the sum of a set of values divided by the number of values. Averages are useful in determining market time of properties, but averages are not useful in measuring home prices. Highly susceptible to becoming skewed by outliers (extreme highs or lows) in the data set, averages can drastically alter results. The average price of a home in any Hampton Roads city will be artificially inflated if a few homes sold for prices greater than a million dollars.</p>
<p>Finally, a more frequently used statistical term is percentage change. This phrase is used to show a month-to-month or year-over-year comparison. A month-to-month percentage change compares the subject month&#8217;s value to the preceding month&#8217;s value. A year-over-year percentage change describes the trend of a particular statistic from a period in one year as compared to the same time period the following or previous year. Any change in value is reported as a percentage of the prior year’s reading.</p>
<p>Statistics are an extremely valuable tool for evaluating the condition of any real estate market, provided there is a basic understanding of both the source of the data and the terminology used in the reporting.</p>
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		<title>Financial Information Cleaning</title>
		<link>http://www.anarcotico.net/2010/03/29/financial-information-cleaning/</link>
		<comments>http://www.anarcotico.net/2010/03/29/financial-information-cleaning/#comments</comments>
		<pubDate>Mon, 29 Mar 2010 09:21:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Industry]]></category>

		<guid isPermaLink="false">http://www.anarcotico.net/?p=991</guid>
		<description><![CDATA[Increasingly, sophisticated methods are available for analyzing financial data and helping decision makers. Many of these methods have been described in articles that have appeared in Financial Engineering News. But in practice the data that will be used by these methods can be full of errors; it is dirty data. And it is often the [...]]]></description>
			<content:encoded><![CDATA[<p>Increasingly, sophisticated methods are available for analyzing financial data and helping decision makers. Many of these methods have been described in articles that have appeared in Financial Engineering News. But in practice the data that will be used by these methods can be full of errors; it is dirty data. And it is often the more sophisticated methods that are most affected by dirty data, time series and variance models, such as GARCH, seem to be particularly sensitive to the presence of bad values in the data. While it is sometimes possible to use robust techniques that are less sensitive to bad observations, for example, using a median instead of a mean, it makes sense to deal with the bad data before the modeling takes place. Improve the quality of the data and you are very likely to improve the quality of the results. So before using the data it should be cleaned, that is, as many of the errors in the data as possible are corrected.</p>
<p>Here we will look specifically at cleaning numerical information, but the need for data cleaning is perhaps more important in text information where problems with misspelling and use of different abbreviations etc. complicate the process further.</p>
<p>What can be wrong with the data? There is a hierarchy of problems that are encountered:</p>
<p>1. No values have been input</p>
<p>2. Impossible values have been input</p>
<p>3. Inconsistent values have been input</p>
<p>4. Unlikely values have been input</p>
<p>While the first seems straightforward, there needs to be a distinction made between structural missing and observational missing. Structural missing will relate to values you would not expect to be there, for instance, share price changes will not be available when stock markets are closed at weekends or holidays. The models used need to be able to cope with such values, inventing values to fill such gaps is not a good way to proceed. On the other hand, observational missing are just values that have gone astray. Clearly where possible they should be looked for, but this may either be impossible or just too expensive. <span id="more-991"></span></p>
<p>Impossible values should be checked for by the data handling software, ideally at the point of input so that they can be re-entered. These errors are generally straightforward like negative prices when positive ones are expected. If correct values cannot be entered, the observation needs to be moved up the hierarchy to the missing value category.</p>
<p>Inconsistent values represent a more sophisticated error. This is when several values together break a rule. For example, if component values do not add up to an input total value. The problem is which one is wrong? Considered independently each may be valid and if some of the components are from past inputs it may not be possible to check the values. One possible approach is to hope that the methods considered below will shed light on the situation by indicating which components are least likely to be correct.</p>
<p>Unlikely values are those that are theoretically possible but cause some surprise. Consider the values in ($’000):</p>
<p>2, 3, 5, 7, 10, 2000</p>
<p>The value 2000 could be correct, but this is unlikely. It is more likely that instead of entering the value in $‘000 they have entered the value itself. In this case methods should be able to say with reasonable certainty that 2000 is definitely an odd value. So it can then be treated as a missing value. But what about the values</p>
<p>2, 3, 5, 7, 10, 200</p>
<p>Methods are likely to pick out the 200 as being odd, but should it be rejected out of hand? Or should it just be investigated further? Maybe it is correct, but is it so unusual that you do not want it in your analysis?</p>
<p>The problem with large data sets is that the effort involved in chasing-up missing and checking suspect values can be too expensive and time consuming. Automatic methods are therefore needed that can do a reasonable job in cleaning the data. First we will look at approaches to handling missing values.</p>
<p>Given data with holes in it, either from original missing values or by designating doubtful values as missing, we need to be able to get suitable values. This is an imputation problem. There are two fundamental approaches.</p>
<p>The first is to find the observation that is most similar to the one with the missing value; this is called the donor. If there are more than one possible donor, then the donor used can be selected in different ways, either by choosing one at random or by selecting the first in the list. In these approaches the skill is in selecting the best variables to match the recipient and the donor.</p>
<p>The second approach is to use models to predict the missing value. The fundamental approach is</p>
<p>1. Fit a model.</p>
<p>2. Use to model to predict the missing values.</p>
<p>As with any modeling exercise the prime requirement is to select a suitable model. The better the model, the better the prediction used to replace the missing values. The model should try to include all the relevant information. So if the data is from a time series it makes sense to use a time series model. However, there is also a need to keep the model relatively simple, as it needs to be robust to changing circumstances. Local model may be more effective and avoid the problem of inaccuracy in modeling long-term trends.</p>
<p>To fit the model you need complete data. If there are only a few holes in the data then this is not a problem because a substantial amount of good data will be available. If there are lots then an iterative approach can be used. Starting with guessed values for the missing values, the model is fitted to this data and then used to produce better estimates for the missing values. This procedure is then iterated until there is convergence. If the fitting is by maximum likelihood and the prediction by taking the expected value then this is the EM algorithm.</p>
<p>A key point is that any relevant model can be used. The choice of model can come from statistics or machine learning. So techniques such as regression, neural networks, support vector machine and decision trees can all be used. The simplest model is just to assume the data follow a normal distribution with no other structure. This leads to the missing values being replaced by the mean. For multivariate data the methods used in data mining for prediction may be used such as those available in the NAG Data Mining Components. For time series a simple exponential moving average model may be adequate but more complex ARIMA models may be used. It is worth noting that if a Kalman filter approach is used there is a natural way of skipping over and/or predicting missing values within the series.</p>
<p>To detect unusual observations the common approach is a ‘how far off’ approach, that is, to predict what the value is expected to be and see how close the observed and predicted values are. This is like treating an observation as missing, imputing the value and then comparing the imputed value to the observed value. So the same methods can be used. How do you decide on which observations are too far off? In some cases it may possible to use the statistical properties of methods to compute theoretical bounds but often the more practical approach is to use simulation to generated suitable cut-off points.</p>
<p>There is a complication, to use a predictive mode you need to know which are the good observation, something you are trying to find out! One tool to help is the use of robust methods. A common robust approach is to use M-estimators; these down weight any observation that is far from where it is expected to be. These should not be affected if there are a small number of bad values. If higher numbers of bad values are expected then methods based on the median approach can be used. These methods can also be combined with approaches that grow the size of the good data. Here the robust methods are applied to a small initial set of data that has the greatest likelihood of being good. Other observations are added to this set if they pass the criterion of goodness.</p>
<p>An alternative approach to finding possible bad values is the ‘usual suspects’ approach. This approach needs data that has identified bad cases in it. The good/bad category can then be viewed as a classification problem and standard classification methods such as logistic regression, neural networks and decision trees can be used to classify future observations as to whether or not they should be considered to be bad.</p>
<p>While the focus above has been on analytical methods, the use of visualization can often be a powerful tool. It is particularly good at picking out bad values that are occurring in a regular pattern. For example, simple surface plots will reveal holes or spikes. However, care is needed in distinguishing between the natural variability and the presence of bad values. Data is often more dispersed that we think.</p>
<p>A word of caution is needed at this point. First, while automatic methods can detect unusual values that cannot distinguish between values that are unlikely but true and those that are just plain wrong. It may be that you are happy removing all unlikely values because they are difficult to model but in doing so useful, if awkward, information may be missed. Second, any form of automatic data cleaning will have an effect on the results of any subsequent modeling. In general it is hoped that the cleaning will enhance the results, but it is possible that the cleaning may occasionally distort the results. The effects of data cleaning on the whole process needs to be examined and should not be treated in isolation.</p>
<p>Given a wide range of possible methods for both error detection and imputation, how can you compare them? One approach is to start with a data set you are happy with, and then perturb the data adding odd values to replace any missing values, and then apply the different methods that you are considering. The results can be evaluated using suitable criterion such as those suggested in Chambers[1].</p>
<p>The problems of automatic data cleaning are increasing being studied and new ideas are being tried out. In time, practical experience and research will separate the useful from the merely interesting, and suitable software will become readily available. This is one of the aims of the Euredit Project (see [1]).</p>
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		<title>Recent Transformations in Data Mining Techniques</title>
		<link>http://www.anarcotico.net/2010/03/29/recent-transformations-in-data-mining-techniques/</link>
		<comments>http://www.anarcotico.net/2010/03/29/recent-transformations-in-data-mining-techniques/#comments</comments>
		<pubDate>Mon, 29 Mar 2010 09:01:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Industry]]></category>

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		<description><![CDATA[By definition, practitioners in multidisciplinary fields such as bioinformatics need to keep abreast of the latest research trends in several areas. However, the relevance of research work focused in areas outside their normal specialty may not be immediately obvious to all observers.
For instance, a multi-million dollar, 4-year research project on statistical methods for data mining, [...]]]></description>
			<content:encoded><![CDATA[<p>By definition, practitioners in multidisciplinary fields such as bioinformatics need to keep abreast of the latest research trends in several areas. However, the relevance of research work focused in areas outside their normal specialty may not be immediately obvious to all observers.</p>
<p>For instance, a multi-million dollar, 4-year research project on statistical methods for data mining, called Euredit and funded by the European Union, is creating interesting possibilities for many bioinformatics endeavors, including microarray analysis and forecasting trends.</p>
<p>Euredit’s goal was to analyze census surveys. Due to human nature, these surveys usually contain missing or incorrect data. European governments funded research to determine and improve statistical techniques that can be used to clean this data by filling in gaps or highlighting errors. This research was carried out by government national statistics offices, universities, and research-based companies. The cleaned data produced by this research was then used to better estimate the need for services and programs in communities. The result of this intensive research study was a number of new algorithms relevant to disciplines where data mining is important, with bioinformatics perhaps one of the top beneficiaries.<span id="more-989"></span></p>
<p>For example, whether one is attempting to identify population subsets with certain characteristics as part of demographic analyses or looking for interesting groups of genes in microarray studies, the application of cluster analysis techniques is key. Cluster analysis functions in commercial packages require storage in computer memory of an n-by-n matrix of similarities (or differences) between “n” genes. This storage requirement limits the number of genes that can be studied at any one time.</p>
<p>Similar restrictions on dataset size were problematic for demographics researchers using cluster analysis techniques for European population analyses. Consequently, methods that obviated the need to store n-by-n similarity matrices were developed during the Euredit project, and hence provided the ability to study much larger datasets. These developments could equally be used in the bioinformatics field.</p>
<p>A similar Euredit development concerned logistic regression techniques. In bioinformatics logistic regression is used to classify data such as correctly assigning patients to risk levels or performing amino acid coding in DNA analyses. Here also, the typical size of datasets cannot readily be analyzed using traditional algorithms and hence can make for challenging research problems. To eliminate this problem, regression models with out-of-core optimization, sometimes called data chunking, were developed during the Euredit project, dispensing with the need to store entire datasets in computer memory.</p>
<p>Another example of new data mining techniques developed during the Euredit project that can be applied in bioinformatics research are methods for identifying unusual cases hidden in data, known in data mining terms as outliers. After four years’ study of various algorithms to handle outliers, the Euredit project developed methods to identify outliers in both categorical and continuous data. The algorithms were designed to handle very large data sets, and yield results with higher accuracy. These new data cleaning algorithms have yet to be applied extensively in bioinformatics research.</p>
<p>Until Euredit, decision trees &#8212; methods used to discover diagnostic rules (i.e., rules in human-readable form) in data &#8212; were very susceptible to outliers. To counter this, a regression tree was developed by Euredit that is robust with respect to outliers. It differs from all other regression trees by automatically weighting the data at nodes in a decision tree such that outlier effects are either removed or minimized.</p>
<p>At the conclusion of the Euredit project, the worldwide Numerical Algorithms Group (NAG) undertook to disseminate Euredit’s findings. To that end NAG created the first commercially available data mining application toolkit that uses the new algorithms. These algorithms (along with many others) are provided as components that can be easily incorporated into user’s existing applications.</p>
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		<title>How to Choose the Best Partner for Your Business</title>
		<link>http://www.anarcotico.net/2010/03/13/how-to-choose-the-best-partner-for-your-business/</link>
		<comments>http://www.anarcotico.net/2010/03/13/how-to-choose-the-best-partner-for-your-business/#comments</comments>
		<pubDate>Sat, 13 Mar 2010 15:23:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Industry]]></category>

		<guid isPermaLink="false">http://www.anarcotico.net/2010/05/13/how-to-choose-the-best-partner-for-your-business/</guid>
		<description><![CDATA[If your main goal is to interest an investor, you should clearly imagine his &#8220;portrait&#8221;. Therefore, you should start with determining the groups of recipients, who may be interested in your project. To do this you need to understand at what stage of development your business is: the origin, formation, growth, maturity or decline. It [...]]]></description>
			<content:encoded><![CDATA[<p>If your main goal is to interest an investor, you should clearly imagine his &#8220;portrait&#8221;. Therefore, you should start with determining the groups of recipients, who may be interested in your project. To do this you need to understand at what stage of development your business is: the origin, formation, growth, maturity or decline. It is natural that investors, such as <a href="http://www.manta.com/coms2/dnbcompany_2vgk6" rel='dofollow'>Bedrock Energy Development Denver</a>, react differently to the proposal of investing in companies at different stages of development.</p>
<p>The owner usually has only ideas, patents or single product samples at the origin stage of business. There are the initiators of the project, but management has not been formed yet, and business processes are not established. Outside investors at this stage can only be relatives, friends or individuals, who have experience in this industry and inclined to risky investments.</p>
<p>The company, which is in its infancy, has already established output or begun to provide services, but its activity is still unprofitable, business processes are not fully worked out, and the management team is being formed. This stage business may be financed not only by friends and individuals, but by venture funds as well.</p>
<p>The company starts to be stronger at the stage of early growth. It takes a part of the market and may even gain a small profit. The company has a substantial interest for investors, who offer direct risky financing, venture capital and private equity funds. <span id="more-1145"></span></p>
<p>At the stage of business expansion (rapid growth) the volume of transactions increases and stable profit appears. The company holds a strong position in the market; business processes are organized and can be extrapolated to new projects and markets. Institutional investors, such as banks and funds can be interested in the company at this stage of development.</p>
<p>The company that is in the stage of maturity is a well-managed, profitable and fast growing business structure, which may have already become one of the industry leaders. Its asset has a highly qualified management and proven business processes, brands and solid market share. At this stage the company can do public offering, which will attract institutional investors, including pension funds.</p>
<p>It sometimes happens that a company, which is at an early stage of development, has some other successful business. In this case it may interest investors not from its group. For example, if the company opens its first supermarket, but it already has a wholesale basis, then it becomes much easier to find an investor.</p>
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