Wednesday, January 22, 2014

Maps from GAMS

Creating maps from GAMS via R. The maps are at country and fpu (basin) level. R can export to different bitmap and vector formats.

Sunday, January 12, 2014

Watson Related Revenue: 100 million vs 10 billion

Watson realized $100 million in revenue vs. a predicted 10 billion. That is a factor 100 off. Such a forecast error is not really a good showcase for "predictive analytics." Of course these kind of predictions are often more goal setting or inspirational rather than serious forecasts. (For me $100 million is not something to sneeze at).