Data mining techniques come in two main forms: supervised (also known as predictive or directed) and unsupervised (also known as descriptive or undirected). Both categories encompass functions capable of finding different hidden patterns in large data sets. Although data analytics tools are placing more emphasis on self service, it’s still useful to know which data
From clean water supplies to the polio vaccine, the most effective public health interventions are typically preventative policies that help stop a crisis before it starts. But predicting the next public health crisis has historically been a...
Many utilities are realizing that the huge amount of granular data coming at them can be leveraged to tackle their biggest challenges, such as distributed generation and engaging consumers beyond traditional power delivery. A growing number of...
For more case studies in HR analytics, see Predictive Analytics World for Workforce, March 31-April 1, 2015 in San Francisco. A good deal of HR analytics is about studying trends and investigating the driving forces behind those...
This New York Times article addresses what most predictive analytics practitioners refer to as data preparation. Although it uses other terms to refer to that, it draws a good birds-eye-view vantage on the topic, and covers an...
With only hindsight being 20/20, predictive analytics is being used by businesses to predict customer behavior, future market conditions and obstacles that were once unforseen. Accenture released their research on 600 business executives that said their companies...
In 2009, Alexander S. White, a former Universal Music Group intern, co-founded a company called Next Big Sound that analyzed vast amounts of data about musicians — from Twitter activity to Wikipedia searches to radio appearances —...
To learn more about talent analytics, attend Predictive Analytics World for Workforce As the economy improves, demand for new hires is rising as more departing and retiring employees leave openings to fill. With increased voluntary turnover, organizations...
With massive amounts of our personal data now being routinely collected and stored, privacy breaches are almost inevitable In the era of big data, the battle for privacy has already been fought and lost – personal data...
Jeff Deal (deal datamininglab com) is the vice president of operations for Elder Research, a data mining and predictive analytics consultancy, in Charlottesville, Virginia. He is also the program chair for the inaugural Predictive Analytics...
