Surprisingly, latest KDnuggets Poll did not find a significant change in Text Analytics use over the past 2 years. While 66% make some use of text analytics, only 19% use it on the majority of their projects. Text Analytics seems to take off very slowly. Latest KDnuggets Poll asked: How much did you use text
Building a data science team is difficult enough, but growing one without losing the team’s effectiveness is a major challenge. Here’s why overspecialization is the wrong approach to growth. You’ve built a great data science team,...
Editor’s note: This article compares measures for model performance. Note that “accuracy” is a specific such measure, but that this article uses the word “accuracy” to generically refer to measures in general. In data mining, data scientists...
With the field of predictive analytics becoming a more mainstream business discipline, the end objective for many organizations is to operationalize this discipline in order to truly leverage the full business impact. The notion of “operationalizing” this...
I’d like to offer up some thoughts about what it means to practice data science in the real world, because merely knowing the math isn’t enough. Anyone who knows me well knows that I’m not the sharpest...
Predictive Analytics Times Subscribers Now Have Online Access to Boston 2013 Conference Keynotes and Sessions Boston, MA (PRWEB) January 30, 2014 The Predictive Analytics Times has launched a suite of hosted videos from Predictive Analytics World Boston...
Anticipatory shipping may be closest that retail can come to a crystal ball. Amazon, which now has a patent for the algorithm-based system, could conceivably use the system to ship products before you even place an order....
Three recent books offer managers expert perspectives on the increasing power and importance of analytics. U.S. President Barack Obama’s 2012 campaign owed much of its success to quantitative analysis, with staffers able to identify, for example, which...
In the past, big data discussions centered mostly on storage and organization followed by debates on the best way to do analysis in real-time or otherwise. This year the buzz centers on predictive analytics. Of, course we’ve...
