While giving courses over the years, I've noticed that certain misconceptions about latent variable models persist among statisticians and chemometricians. At the 14th annual ENBIS conference (European Network for Business & Industrial Statistics) in September, I have decided to discuss a number of these during my plenary George Box Medal presentation. Some of the key [...]
One of the best-kept secrets at ProSensus is that we help clients improve their return on investment in product development. Our clients can: Formulate new products in half the time (compared to traditional methods) Achieve 20-40% reductions in raw material costs Create new-to-world products that capture huge market share and high margins In the past [...]
Released almost five months ago, ProMV 14.02 makes it fast and easy for you to customize plots and share information. Ultimately you'll save time and increase your productivity as you execute data mining projects and build multivariate models. The feedback from early adopters has been very positive. They like the ability to create a custom [...]
During our recent trip to Europe, our team met with several chemical and pharmaceutical clients to review and plan projects and conduct in-house seminars. The dominant theme of our trip was batch processes in manufacturing, and we maintained that focus as we delivered our advanced 3-day course Multivariate Analysis of Batch Processes in Basel, Switzerland. [...]
In our courses and previous blog posts, we've described the benefits of dividing your variables into logical groups and building multi-block multivariate models. But did you know there are 3 ways you can organize your data in Excel to prepare for multi-block modeling in ProMV? We added flexibility to ProMV's data import process in version [...]
Our spring multivariate analysis courses in Florida were a resounding success. Companies in the chemical, steel, paint, food, and automation industries came out to learn how to use multivariate analysis to improve product quality & develop new products faster. Michael Dell says we're in a data economy and data is arguably the most important natural [...]
Dell's recent acquisition of StatSoft reinforces the growing acknowledgement that advanced data analytics are essential in today's complex world. Matt Wolken, VP of Dell Software's information management group described the move as "the latest step in a long-term and still-ongoing plan to assemble a compelling collection of data and information management capabilities." Companies that Harness [...]
Everybody's talking about Big Data, but do they really know what Big Data is, and are they using it to solve real problems and gain a competitive advantage? Do they even have a strategy to implement Big Data? The Wall Street Journal says that for many companies, it's all hype. ProSensus Clients are Different [...]
The North American International Auto Show in Detroit is marking their 25th anniversary in 2014 and it's expected to be even "bigger, brighter and better" than last year. As manufacturers from around the world unveil their new vehicles with more than 800,000 people in attendance, will ProSensus be there? Let's just say we won't be [...]
For those of you who received our holiday greetings, you might be wondering how we built this multivariate snowman in ProMV. This snowman is a sneak peek at some of the plot annotation capabilities we are building for the next release of ProMV. Stay tuned! Even if you don't intend to build a snowman, these [...]
