Predictive Modeling competitions, once the arena for a few data mining conferences, has now become big business. Kaggle (kaggle.com) is perhaps the most well-known forum for modeling competitions, using a crowd-sourcing mentality: if more people try to solve a problem, the likelihood that someone will create an excellent solution to that problem increases. The participants,
Last month I made the case for discussing model deployment. One of the mistakes I see organizations make related to deployment is this: after the model is deployed, there is little or no thought about that model...
The Cross Industry Standard Process for Data Mining (CRISP-DM) is the leading published methodology for Data Mining (DM), and by extension, Predictive Analytics (PA). I use it routinely as I lead PA projects and when I...
A 2012 Gartner survey of over 1300 IT managers and business users already use or plan to use cloud-based or SaaS (Software as a Service) products in the next twelve months. Cloud-based computing is still...
The recent leaks about the NSA's use data mining and predictive analytics has certainly raised awareness of our field and has resulted in hours of discussions with family, relatives, friends and reporters about what predictive analytics can...
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