Predictive modeling use has increased in nearly every business line throughout P&C but is rarely leveraged across the enterprise. Following a growing trend in analytics, North American P&C insurers have increased predictive modeling use across the majority of business lines, according to research from Towers Watson. The company polled P&C insurers to examine their use
Intelligence isn’t the only quality you want in a data scientist. Here’s how to ensure your team members develop their breadth of knowledge and become more effective. Reality TV is one of my guilty pleasures. I had...
Never mind the political push-back against the Affordable Care Act (ACA), aka Obamacare, it is steadily proving to be a blessing in disguise for healthcare analytics. Traditionally laggards in implementing information technology (IT) solutions, healthcare companies are...
All the data in the world won’t increase the return on your advertising expenses by itself, but some clever ideas from a San Francisco analytics conference might. In back-to-back presentations, attendees at Predictive Analytics World heard how...
The game of blackjack offers six important lessons for managers trying to make sense of marketing data, according to the man who crunches the numbers for Orbitz Worldwide. Sameer Chopra, vice president of advanced analytics for the...
You don’t have to be Nostradamus to predict that predictive analytics is going to become more and more important to digital marketers. Gartner sees an ongoing shift from analyzing historical descriptive data in aggregate to tell the...
Recently, various empirical and semi-empirical models embedded in different modeling tools have been developed and recognized for their role in predicting pharmacokinetics of drugs in humans. These models have also been used to evaluate the effects of...
The future of customer service is scary and rewarding at the same time. It’s scary because the machine will know everything about you. It’s rewarding because shopping will become much easier as the machine makes more decisions...
Three main hurdles holding back Predictive Analytics Marketplaces are a highly fragmented data mining tools market, limited support for customization, and lack of commitment. We examine how to overcome them. An earlier article on KDnuggets noted that...
