Chase Gets High-Performance Analytics
4/30/2013

Chris Gifford,
Chase
Chris Gifford,
Chase

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BethSchultz
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Re: No trade offs
BethSchultz   5/1/2013 1:11:46 PM
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@Waqas, while waiting for a SAS Global Forum session on HPA to begin, i did overhear a couple of gentleman from a satellite TV company say they thought HPA was great, and would be useful, but at "a half a million bucks" unreasonable for its environment. I asked SAS CTO Keith Collins about this when I met with him the next day. He agreed that, yes,  the initial offering was not affordable at large. But a June release changes that, eliminating the need for the pricey, dedicated appliance plus slicing up the functionality so you can buy only what you need and grow from there. Plus, companies will be able to take the SAS procedures they have running on a single server and move them over to an HPA cluster as needed. 

 

Noreen Seebacher
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Re: Accuracy over speed
Noreen Seebacher   5/1/2013 7:52:29 AM
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Yes, I'd rather have a small plate of delicious food than a huge plate of crap

Noreen Seebacher
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Re: No trade offs
Noreen Seebacher   5/1/2013 7:51:31 AM
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The Costco principle?

WaqasAltaf
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Re: Accuracy over speed
WaqasAltaf   4/30/2013 7:52:45 PM
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Kicheko, you have raised a good point. Completeness is the thing to compromise on rather than the accuracy and that is what practically happens in practical life. Misleading information and delayed information; both are not acceptable.

WaqasAltaf
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Re: No trade offs
WaqasAltaf   4/30/2013 7:48:48 PM
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Beth, true. Budgeting is not a factor to be ignored esp for a SME however large corporations may agree to pay as much as a high quality solution costs because of the economies of large scale they benefit from.

WaqasAltaf
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Data Doctor
Re: Accuracy over speed
WaqasAltaf   4/30/2013 7:41:21 PM
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True Brian. We should assume that speed over accuracy argument actually implies that in the presence of reasonable accuracy, speed is to be enhanced. Misinformation is not intended.

kicheko
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Re: Accuracy over speed
kicheko   4/30/2013 5:09:57 PM
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waqasaltaf, - If this was a debate i would be on the other side saying compromise on report if you have to. Speed is important..as they say late information is uselsss. I like to hope that if a report has to suffer from having been quick it would be on the completeness as opposed tp the accuracy.

Brian27
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Prospector
Re: Accuracy over speed
Brian27   4/30/2013 4:52:30 PM
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@Beth

 ...it depends on the purpose of the modeling...

There is certainly truth in that statement, as it could be applied to many considerations.  As I read your implication, you hold that the context of modeling and analytics are essential to determining what is acceptable, in terms of both the nature of the results, and the means of achieving them - the principles to which I adhere are in agreement.

The problem with such an endorsement, in many cases (though I can't say it applies in this case), is that the very context which the principle requires has been stripped from the data on which the processes operate, or even the processes themselves.  The effect ends up being like some food being deemed both beneficial and detrimental to good health; without an understanding of the particulars of how these contradictory conclusions were derived, how can anyone make an informed decision as to what to eat or not eat?  I think a question similar in nature is faced by those considering analytics strategies.  With mushrooms, the safe assumption is to assume they are unsafe, unless proved otherwise - pretty much the same with speed vs. accuracy. 

BethSchultz
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Re: Accuracy over speed
BethSchultz   4/30/2013 3:44:24 PM
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But isn't this more of an "it depends on the purpose of the modeling rather than a universal statement?

BethSchultz
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Re: No trade offs
BethSchultz   4/30/2013 3:37:25 PM
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@waqasaltaf, while I agree solutions are available I don't think it's that simple. High-performance analytics/computing doesn't necessarily come cheap, for example, so there is budgeting to consider, for one.

 

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