The indications do appear to be that Stata
has made less impact on business than competitors
-- which goes in a perfect circle with Stata
aiming squarely at researchers --
but your initial analysis
sounds like a spoof or parody of Economics 100.
So the market seizes all opportunities
and with perfect efficiency???
Your analysis seems to leave no scope for ignorance
or prejudice to have any effect.
Even in economics several Nobel Prizes have gone
to people who pointed out that decision-making is
a whole lot more complicated than that.
And in business itself many companies have spent
large fortunes on data mining and so forth,
mostly because they _hoped_ that that would give
them an advantage over the competition....
The key question is who makes the decisions
and what information do they have. What information
do people have in business when they decide against
Stata, or do not decide for Stata?
Nick
[email protected]
roy wada
> Compared to SAS/SPSS, Stata has not penetrated the private sector.
>
> Although it may come as a bit of surprise given Stata's
> analytical power,
> the lack of market penetration telling us something. It is
> highly doubtful
> that anyone or any company in business would consistently
> fail to make use
> of something that would give them advantage over their
> competition. If
> hiring a Stata programmer would help them make more money,
> they would have done so already.
>
> The fact that Stata is not well positioned for the business
> market. There is
> no point in doing fancy things when the data is dirty and
> incomplete. The
> only good thing about the business data is its sheer size.
> Unfortunately,
> Stata is not equipped to handle a large data with billions of
> data points.
>
> In other words, the major advanage of Stata (analytical
> power) is irrelevant
> and its major disadvantage (size limitation) is proving to be
> critical in
> business. The demand for Stata is still out there, of course,
> but only with
> smaller data and not with the large data (and the large
> money) associated
> with large corporations.
>
> The lack of printer-ready outputs is probably less important
> to Stata, given
> that it should have been fixed if the Stata Corp (which is also a
> competitive firm) thought it important enough. The capacity for
> printer-ready outputs would be nice, but it probably would
> not improve
> Stata's strategic position relative to SAS/SPSS, for whom the
> ability to
> make printer-ready outputs would be complimentary with their existing
> business model.
>
> Incidiently, many end users of SAS/SPSS readily agree that
> Stata dominates
> SAS/SPSS when it comes to analysis.
>
> http://groups.google.com/group/comp.soft-sys.sas/search?group=comp.soft-sys.sas&q=stata+spss+better&qt_g=1
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