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IN THIS ISSUE:
PROBABILITY: WHICH VIEW IS CORRECT?
WELL-HYPED ORACLE PROJECT STUCK ON THE GROUND
SAS ANNOUNCES EXPANSION
ANALYSIS & COMMENTARY
INTERPRETATIONS OF PROBABILITY
PART I: IRRECONCILABLE DIFFERENCES
By Ed Colet
Executive Editor-at-Large Inderpal Bhandari presents a guest editorial by Virtual Gold's Acting Director of Research:
The notion of probability is at the core of most data mining and data analytic tools. Yet there are two fundamentally different interpretations about the concept of probability. In part I of this two part-column, I comment on the differences between these approaches. Next week in part II, I will comment on how the two approaches can actually be reconciled -- and in the context of data mining practices peacefully co-exist.
ORACLE'S RAW IRON FACES SEVERE DELAYS
In 1998, Oracle introduced with great fanfare the Raw Iron plan to market and sell specialized server appliances. But, more than 15 months later, systems still have not debuted, server makers will not commit to ship dates and many analysts are saying the plan is faulty.
SAS INSTITUTE EXPANDS PARTNERSHIPS WITH GLOBAL ORGANIZATIONS
SAS institute has partnered with many international corporations recently. In addition, it has announced fourth-quarter 1999 customer wins in its key initiative areas of data warehousing and data mining, as well as in its new e-business initiative.
ACTION ITEMS
Sybase Reports Fourth Quarter And Year-End Results
Based on a high demand for mobile and e-business solutions, Sybase, Inc.
released positive results for the quarter ending December 31, 1999. Sybase
had its second most profitable year in the company's history.
Oracle To Acquire Carleton Corporation
At a Special Meeting of Shareholders held on January 20, 2000, Carleton's
shareholders approved the merger in which Carleton became a wholly-owned
subsidiary of Oracle Corporation.
U.S. Government Agency To Implement SAIC Hummingbird EIP
Hummingbird Communications Ltd. announced that Science Applications
International Corporation (SAIC) has purchased the Hummingbird EIP
(Enterprise Information Portal) for implementation at a large U.S.
government agency.
Accrue Software Completes Acquisition of NeoVista Software
Accrue Software, Inc. a provider of Internet enterprise software
solutions, announced that it has completed its acquisition of NeoVista
Software, a privately held company with data mining applications and
services.
ANGOSS Corporation To Produce KnowledgeSTUDIO 3.0 Beta
ANGOSS Software Corporation announced that KnowledgeSTUDIO version 3.0,
the flagship data mining platform of ANGOSS, will be released to beta
distribution on January 31, 2000.
eTime Capital Standardizes on Brio Technology
eTime Capital, an Internet-based business-to-business service for
analyzing, managing, and financing trade receivables, is introducing to its
customers a Web-based solution that combines business intelligence,
enterprise reporting, and access to a customized portal from Brio.
IBM and ELF to Combine Forces on Serengeti
ELF has enlisted IBM to assist with Serengeti, a case management aid.
Enterprise Computing Services To Release ECSDTool
Enterprises Computing Services, Inc., has announced the release of
ECSDTool, a new kind of querying tool designed to extract business
intelligence out of data.
Ford Tracks Consumer Preferences with NCR Data Warehouse
Ford Motor Company has selected NCR Corporation's advanced data warehouse
technology to help it tap into consumer preferences and develop one-to-one
marketing capabilities.
IBM, SAS Institute Form Mutual Enterprises
SAS Institute and IBM announced a key relationship, the formation of a
consulting practice and further development of e-business intelligence
solutions that integrate IBM's DB2 database product family and SAS software.
The announcement is the latest in a group of key strategic relationships
forged by IBM as it refocuses its partnering efforts
Active Research Teams Up With MicroStrategy
MicroStrategy Incorporated and Active Research, a provider of Web-based
Market Research Automation services, announced a partnership resulting in a
new kind of market intelligence service. Now, organizations can attempt to
better understand and respond to their customers through sophisticated
Web-based analysis and reporting, ultimately resulting in increased
profitability.
SPSS and Hyperion Expand Partnership
Addressing customer requirements for the next generation of analytic
applications, SPSS Inc. has announced the completion of an OEM agreement
with Hyperion where SPSS will provide Hyperion with forecasting technologies
to extend the analytical power of Hyperion Essbase OLAP Server.
Sybase Tops Infoworld List In Customer Support
The annual "Product of the Year" issue of Infoworld selected Sybase's
technical support newsgroups as the leader in customer support among BI
companies.
TCC Teams With NCR
NCR has been selected by Taiwan Cellular Corporation to help continue the
company's growth.
Cognos Partners With Zurich Commercial
Zurich Commercial has chosen an E-business solution that analyses and
manages the company's relationships with its customers from Cognos. Dealing
with many large commercial customers and insurance brokers, Zurich
Commercial was launched in August 1999 and combines the former UK commercial
portfolios of Zurich and Eagle Star.
"The Internet is a highly dynamic environment, and being able to track the business and analyze trends is vital."
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