There is a simple explanation for the 400 percent increase over the last five years in federal agencies’ investments in predictive analytics: Too much data. “The exponential growth in structured and unstructured data is the backdrop of future federal IT needs,” stated a new report from Deltek on “Emerging Federal Technology Markets” for 2015. The purpose of this
RightShip can predict the likelihood of a vessel causing an incident while at sea Melbourne-based cargo company, RightShip, is turning to predictive analytics to more accurately assess if ships are ready to be sent out to sea....
UNIVERSITY PARK, Pa. — In fashion, combining contrasting fabrics, colors and textures is what brings an outfit to life. In Heng Xu’s career, combining science and art has brought a new way of interpreting data to life...
Deputy Chief Technology Officer for Data Policy DJ Patil with his skateboard March 19, 2015. (Photo: Chris Usher for Yahoo News) DJ Patil is still settling into his White House office. It’s by far the most prestigious...
Many retailers analyse the results of their promotions, but what if they could predict which ones will produce the best response before spending time and money creating and sending them out? That’s a question Mohamad Khatib, senior...
In most lists of the most popular software for doing data analysis, statistics, and predictive modeling, the top software tools are Python and R—command line languages rather than GUI-based modeling packages. There are several reasons for this,...
Despite the potential benefits and return on investment for their clinical and operational goals, just 15 percent of hospitals are using some kind of advanced predictive modeling, according to a new survey. Of the 15 percent who...
Big data and predictive analytics are being used by business and industry to make changes and improve processes and operations in big ways. From handling 50 billion Facebook photos to decoding the human genome, the practical applications...
Data science has a measurement problem. Simple metrics may not address complex situations. But complex metrics present myriad problems. What is the best way to quantify the quality of your classification algorithm? As we strive for better...
For more case studies on Predictive Analytics and Healthcare, check out PAW Healthcare, September 27 – October 1, 2015 in Boston. Big data is proving to be one of the best weapons in the fight against measles—and...
